This past week the world has been witnessing Global Entrepreneurship Week. The week ends today, and is the world’s largest campaign to promote entrepreneurship, taking place in 115 countries.

Bill Drayton is said to have coined the phrase "social entrepreneur."

The aim of the week is to introduce entrepreneurship to young people, improve people’s entrepreneurial skills, and help people access practical support both locally and globally.

The week emerged in 2008 in the United States, and since its creation, more than 10 million people from 102 countries on six different continents have participated in entrepreneurial-related activities. Workshops, conferences, exhibitions, socializing and networking events are only some examples of events that have been going on in the past seven days around the world. In the UK alone some 3000 events are taking place over this 7-day period.

This year’s theme, “Pass it on,” aims to encourage young entrepreneurs to share practical information about starting up and getting into business.

Here’s a quote from a famous social entrepreneur, Bill Drayton, to celebrate Global Entrepreneurship Week:

“Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry.”

Global Competitiveness Report is an annual report published by the World Economic Forum that assesses the competitiveness landscape of 144 major and emerging world economies.

Switzerland tops the overall ranking fourth year in a row.

The report was first published in 1979. Today it is the most comprehensive method of assessing national competitiveness worldwide.

Xavier Sala-i-Martin, Professor of Economics, Columbia University, says that the Global Competitiveness Report provides a window for long-term trends, and allows countries to see the key areas where they must act if they want to better the productivity that will “determine their economic future.”

The report measures a set of institutions, policies, and factors that set the current and medium-term levels of economic prosperity in each country. The World Economic Forum brings these measures together and analyses each country’s ability to provide levels of prosperity to its citizens. Levels of prosperity also depend on how effectively a country uses its available resources.

International Day of Cooperatives was proclaimed by the UN in 1992, but only in the recent years has the day grown in significance.

2012 is the International Year of Cooperatives

Globalisation and changing economy have highlighted the importance of the international cooperative movement and the idea of international community, and, to quote the UN secretary Ban Ki Moon, “The global financial and economic crisis has demonstrated the resilience of alternative financial institutions such as cooperative banks and credit unions.” 2012 was, thus, named the International Year of Cooperatives by the United Nations.

There are over 1.4 million cooperative businesses across the world, and over 3 billion people rely to cooperative businesses for their livelihood. In the UK, there are 5450 cooperative businesses. This year, we can expect to see a range of fairs, exhibits, contests, and campaigns world wide, all looking to raise awareness of cooperative businesses, and strengthen relationships between cooperatives and other actors such as governments.

A recent survey concerning TRUST had 17 countries unanimously
agreeing that one profession in particular was THE one to be trusted above all others.  If these 17,295 respondents are any indication of how the rest of the world feels then the likelihood is that FIREFIGHTERS are the most trustworthy group in the whole world. However, levels of trust in bankers have fallen considerably – down to a mere 37% compared with 98% for firefighters.

The GfK Trust Index for Spring 2011 determines the level of trust that citizens have in 20 professional groups and organisations (see below for more details). Of course, there are many interesting differences between the nations with Civil Servants having a vastly different reputation depending on the country in question:  just under 80% of Swiss citizens believe this profession to be trustworthy, only one in four in Greece gave a similar response.

So, who has our least degree of trust?

Managing to set up international salary structures that have a
global reach but a local touch is fraught with difficulties! The idea behind it is to ensure consistency and avoid discrimination, control costs and, along with performance management techniques, allow managers to differentiate between the performance of individuals around the world who are at different levels or hold different positions within the organisation. However, even with a global grading scheme, each country is a different market, with different expectations and, therefore, you need to design a pay system that encompasses the differences of each…

The recently proposed “Dymovsky’s Law”, part of Russian
President Dimitry Medvedev’s agenda to halt Russia’s endemic corruption problem, is apparently DESIGNED not to be effective, according to Ed Hancox in The Mantle. Rather than punish corrupt cops, the new law would allow sanctions to be taken against those police officers who make detrimental statements, in public, concerning their superiors – such as accusing them of taking bribes!

Communicating successfully across cultures to  multicultural
audiences isn’t just about the linguistic differences , but rather about the attitudes that lie behind them, and the cultural values that give rise to those attitudes. Most importantly, it is about the true identification of how to adjust your mindset to ‘fit’ others. Here are my tips on how to do so…