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Thank you million stars book. Republicko zavoda za sportsbetting. F-squared investments sold. But each also has its fair share of weaknesses. Without being a duplicate of any of them we can still be developed. We should be a developed country in our own mould. Malaysia should not be developed only in the economic sense. The vision includes 9 key challenges, including developing a society that is: united, psychologically liberated and secure, democratic, moral, liberal and tolerant, scientific and progressive, caring, economically just, prosperous and competitive A number of creative approaches were used to bring the vision to life, including the Wawasan patriotic song in Malay and English Source: www.
Reality Productivity growth is closely correlated with competitiveness, and it is the key driver of rising living standards. Productivity growth in many sectors comes from increased topline revenue and higher value goods. Chocolate production Water and soft drink production Generic pharma Bio-molecule pharma Specialty chemicals Household chemicals. Sectors not effected or slightly effected by crises Biggest potential in the next couple of years in terms of investing FDI potential for Serbia Larger growth and GDP enhancement potential in the current crises.
Good base for further growth, especially Development of clusters centered around existing "champions" or revamp of past clusters. Office machinery Electronic photo cells, transistors Wire, Cable, Patterns Lighting Medical equipment basic Automobile parts Software research and maint. D Targeted ad hoc efforts with relevant multinationals, Serbia-friendly companies and efficiency-seeking FDI. Serbias substantial infrastructure lag especially in transport compared to developed countries Growth opportunity in telecom services especially mobile Growth opportunity in energy production.
Find innovative processes to improve operations Create innovative high value added products and services. Trends Economic center of gravity 1 shifts to developing world Urbanization rates increase 2 rapidly mostly in the developing world Global consumer class expands 3 rapidly in emerging economies Labor force growth decreases 4 globally, but mostly developed countries Race to increase productivity 5 through technology and the knowledge economy.
By , urban areas will add about 2. Fit with priority sectors Value added to the GDP e. Define market environment 4 Negotiate free-trade agreements with foreign governments on sector exports 5 Enact vehicle operating restrictions e. Incentivize domestic production 1 Impose import restrictions Tariffs Quotas Domestic content requirements 2 Subsidize investments e.
Set sector direction 10 Create a vision and define a strategy for the development of the domestic sector. Stimulate demand 5 Create vehicle purchase incentives e. Focus on fixing macro enablers, e. All industries are open to foreign investment in Singapores free-enterprise economy. The top three core sectors that attract maximum investment are: chemicals, electronics and biomedicals including pharmaceuticals.
The award is open to all organizations incorporated in Singapore, and it offers customized incentive packages with lower concessionary taxes. Incentives are also given if companies chose Singapore as their regional or global headquarters. Other secotrs it is now promoting for investment: Logistics and supply-chain management, healthcare, education and IT. Ranks no.
The Economic Development Board and the EnterpriseOne Portal serve as one-stop shops for those looking to invest in Singapore Cater to all needs right from registering a business, obtaining licesnes and permits, finding business premises Complete information on govt.
France targets innovative companies and adopts a targeting and proactive approach offering, for example, the best research tax credit in Europe In France, the research tax credit Crdit Impt Recherche CIR represents a reliable element of an innovative companys financial plan, and is particularly well adapted to the needs of SMEs.
France Support and assistance in defining business project, and link to a network of regional partners in order to determine the best site proposals to satisfy business requirements and constraints. Assistance with the project: presentation of the legal framework best adapted to the project, interface with local authorities and presentation of public funding available for the business. Services to assist the expatriate personnel.
Maintaining collective links with foreign business networks set up in France: collaboration with international chambers of commerce and foreign business clubs set up in France, such as the IFA Japan Club Intervening rapidly at the request of businesses to assist them in the event of a specific challenge, particularly concerning contact with French administration Facilitating the integration of foreign businesses into the fabric of the local economy, particularly through the mobilization of potential partners, subcontractors and suppliers.
The Agency is responsible for promoting, prospecting and facilitating international investment in France. IFA works closely with local authorities to achieve this objective. Invest in France Agency has members of staff in , 72 of which are based in 21 offices around the world. Foreign investment permitted in most industries, especially when it creates jobs, contributes new technology or increases exports; but sensitive to takeovers in defence or public services.
France promotes itself as a land of innovation and creativity centrally located in the heart of Europe that offers a skilled workforce, a high quality of living and competitive business advantages Major attractions include: Worlds 5th largest economy; has 20, subsidiaries of international companies According to KPMG1, France has the lowest cost structure among the European countries.
Invest in France Agency IFA has been set up that provides assistance at every stage of the investment process. It provides:. Provides complete information to enhance decision making for foreign investors Information on the economic and regulatory environment Act as an intermediary for contact with French administration Provides after-care services as well such as visas for family members, work permits, information on education for children, health insurance etc.
IDA Ireland Services Provides information on key business sectors and locations within Ireland Assist in setting up a business in Ireland Introduce potential investors to local industry, government, service providers and research institutions.
Offer advice on property solutions. Almost 1, overseas companies have chosen to invest in Ireland as their European base and are involved in a wide range of activities in sectors as diverse as engineering, information communications technologies, pharmaceuticals, medical technologies, financial and international services.
Ireland has one of the most advanced and competitive telecommunications infrastructures in Europe. The telecommunications sector has state-ofthe-art optical networks with world class national and international connectivity. Ireland Offers: The lowest corporation tax rate in Europe at The IDA meets its objective by: focusing on business sectors that are closely matched with the emerging needs of the economy and that can operate competitively in global markets from an Irish base Building links between international businesses and third level education and research centres to ensure the necessary skills and research and capabilities are in place Building world-leading clusters of knowledge-based activities Strongly active in the development of infrastructure and business support services, telecoms, education, regulatory issues especially in relation to EU policy.
Limits exist in some privatized companies on the amount of voting shares an individual or group may own. The government has in the past imposed limits on foreign holdings in a few strategically important, privatized companies, like Rolls Royce aircraft engines and BAE Systems aircraft and defence , through clauses in their articles of association. Home to Europes number one city for business: London is the world's leading financial services centre.
Other Opportunities: London will host the Olympic Games in Procurement started in Contracts will be available for firms of all sizes and the total budget will run into billions. As a result of changes to the Tax Code and Law on Entrepreneurs in and , business registration is simple, cheap and efficient, taking only three days for legal entities and one day for individuals.
Georgia has dramatically simplified licensing and permitting requirements to ease constraints on business. Only 86 licenses and 50 permits now exist. Strategic geographic location; at crossroads of Europe and Central Asia with excellent infrastructure. Liberal trade regimes with low tariffs, preferential agreements and streamlined border clearance procedures. Diverse investment sectors: Economy has been highly resilient to oil and commodity price shocks, Russian embargo and the sub-prime meltdown.
Researching investment opportunities and informing potential investors about investment advantages in Georgia. Arranging site visits for potential investors leading to the increase of investment opportunities. Besides these, also performs export promotion functions and helps local businesses find foreign partners. Assess How ready are we to go there? Architect What do we need to do to get there? Develop a vision around performance and health; understand the current performance and health of the country and develop first hypothesis of the target sectors that will then iteratively be updated later in the journey.
Take the time to deepen your understanding of the journey the country has been on to where it is today; discover the changes in mindsets required to achieve the desired shift in working practices and behaviours. Generate alignment, momentum and ownership among leaders.
Identify a set of initiatives existing and new that will deliver the specified changes in mindsets and behaviours, along with an understanding of how to organize people, structure, processes to deliver on them. Group, prioritize and sequence change initiatives; create a change architecture that is capable of delivering the programme while sustaining energy; start the learning process by piloting and experimenting.
Ensure continuous learning and improvement of all leaders along existing and new initiatives. Such a journey would typically be agreed in a facilitated workshop with the top leaders in the country, taking a we dont leave until its finished approach. Managing the communication and the expectations of the citizens would be a critical part of the process SOURCE: Scott Keller and Colin Price, 'Performance and Health: An evidence-based approach to transforming your organisation', In particular draw upon the.
Act How do we manage the journey? Advance How do we keep moving forward? Set up mechanisms for continuous improvement, knowledge and best practices sharing and governance. Develop leaders. Monitor factors and leverage change. This is likely to be the hardest and the most impactful change, and should therefore be planned and implemented gradually over the next decade starting with quick wins, strong signals of intent and building on the strengths over time.
Set the education of the next generation as the national priority which we can all work towards. Build on the strengths of the current education system in a targeted way e. Develop a world class knowledge collaboration platform between professionals in Serbia and their expert counterparts around the world, including a knowledge repository documents, access to experts, etc ,, online real time presentations e.
Webex , structured mentorship scheme, etc, all supported by a world class IT backbone and signature processes e. Develop the story structure. Videos, Webcasts, Cartoons, etc. Set up: Focus areas: social security, fuel prices, crime and affordable access to electricity Example of impact: 24 million workers eligible for affordable social security; up to THB 7. Set up: Focus areas: Job creation in 5 economic sectors e. A Routines are the formal mechanisms to identify and solve problems. Build momentum and sustain progress Routines and problem-solving are the mechanisms to drive delivery, but they must be supported by delivery mindsets and behaviors.
The delivery unit must model and cultivate the right mindsets. At the same time, the delivery unit must always respond to cultural or behavioral challenges that may hinder the progress of delivery. Relentlessly orchestrates the day to day delivery process by establishing the routines and master calendar.
Participate in routines e. Detect red flags and report issues to department leader and the delivery unit. System actors System actors submit performance data to delivery unit for monthly notes and quarterly progress reviews. What will success look like in 6 months? What is the purpose of a lab? Labs are set up to create transparency, debottleneck and help resolve the most critical challenges facing a sector, and hence achieve key milestones faster than in a business as usual context.
The lab includes key stakeholders people relevant to solve the defined problem, and are selected from the public, private and social sectors. Key deliverable; page ppt report per lab Should include following elements Sector diagnostic including key challenges , case for change and theory of change Initiative descriptions and impact estimations 3-feet plans, budget and KPIs see below.
Detailed funding requirement for each initiative Should be designed based on input from the government, depending on level of detail required Xls format for easy tracking List of KPIs for performance management for each initiative, and also overarching KPIs for the lab Xls format for easy tracking pages version of the full lab report, with summary of each component no need to include 3-feet plans. Must focus on the right set of capabilities Must be linked to value generation and impact Must be tailored to the specific requirements and starting point of the organization.
Must be scale-able and institutionalized for sustainability i. Insights from: a. Adult learning. Task A Queue 4, 4, 3, 3, 2, 2, 1, 1, Task D 1, 1, 1, 1, Task C 92 Task B 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, Task A 1, 1, 1, 1, 1, 1, 1, 1, 2, 2, 1, Source: Open - Suspended Report Note: Each month, please update the dates; remember to skip weekend days Note: All numbers in red should be directly input from the OS report.
A large part of the success of the Dortmund project is due to the cooperation with McKinsey" Managing Director, Wirtschaftsfrderung Dortmund. You are the first partner to engage on a community level on their ideas rather than yours" President of Palestine. This is the best climate strategy in the world" Minister of Environment, Norway.
We invest significantly in economic development innovation and research and development Integrated approach and topical documents. Sector competitiveness assessment toolkit Industry cost database The McKinsey global growth model Cityscope database Innovation heat map Bilateral Trade and capital flows analysis Economic development assessment toolkit GHG abatement cost curves and carbon markets model. This report is solely for the use of client personnel. We collaborate with experts and organizations on a by-case basis to bring the best to our clients, e.
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