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ESCO - supports the digital labour market in Europe

7/31/2019

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Over the past two decades, the digital revolution has changed how the labour market matches people with jobs. Nowadays, people find their jobs mainly online. In addition, employers increasingly manage their HR and recruitment processes with IT. At the same time, modern job matching instruments put skills at the centre of their job matching processes. Talent platforms like job boards, social media platforms and crowdsourcing marketplaces have become the cornerstone for the functioning of the labour market. The European Commission has recently launched a video showing how ESCO can support employers and jobseekers facing these new digital labour market challenges. The video includes testimonials of professionals from small and major digital companies highlighting the current difficulties to recruit the right people with the right skills and how ESCO offers a multilingual effective solution, which helps both employers and jobseekers in their recruitment and job matching processes. Moreover, ESCO can be used for assessing big data from the labour market and on online job vacancies, thus facilitating the development of skills forecasting and improving skills intelligence gathering related to the labour market.

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Link to ESCO portal

TALENT 4.0 - Talent Management for Industry 4.0

The approach of talent management is in fact not really new in Europe, however, on the one hand it has so far not at all really entered the strategic and corporate training and development level of companies (especially SMEs) and on the other hand does not at all make use of potentials of
digitalisation at all. European companies do hardly use active talent management in their human resources policies at least not on a strategic level, however, the term “war for talents” is ubiquitous.

Visit Talent 4.0 on facebook
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Read more about Talent 4.0 on the project website.
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Can entrepreneurship be taught?

5/19/2018

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Can entrepreneurship be taught? Who is the right person to teach someone how to be an entrepreneur? The answers to these questions are vital for every young aspiring entrepreneur who wants to succeed. Opinions, however, vary depending on the person you might be asking.
Guest article by the Institute of Entrepreneurship - a member of the SME Academy Network
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Things you can or cannot learn

According to some people, entrepreneurship skills can be taught at higher education institutes and high schools. Others believe that entrepreneurship can only be taught to people by other entrepreneurs who have practical experience on the field. And finally there are people who believe that entrepreneurship cannot be taught by someone. It is something that every entrepreneur can learn only while doing it. And the question still remains. Can entrepreneurship be taught?

If you look at the matter from a spherical point of view, you will notice that the concept of entrepreneurship is divided in different stages. And although entrepreneurship, as a whole, might not be easy or possible to teach, some stages might be:
  • The Idea Stage. To be an entrepreneur you need an idea to build on. The original idea that will be giving birth to your company. And no one can teach you how to think and innovate. The idea will have to be something that you will come up with on your own.
  • Setting up a business plan is the second stage. You need funding and the right business plan will be able to give you that funding. Now this stage can be taught. Business departments in colleges and universities all around the world have classes that focus on teaching future businessmen and businesswomen how to create successful business plans.
  • Setting up the company, after you receive the funding is the next stage. This is where things get a little tricky. Although the way you are going to be choosing your employees might follow a certain pattern, you also need, what entrepreneurs call, critical way of thinking. The details will be based on the original idea as well as the future that you visualize, for your business. No one can teach you how to think and judge based on the needs of your company because no one knows them apart from you.
  • Last but not least we have the evolution stage. You have created your business plan. You got the funding you needed and you hired your employees. Now is the time for you to put your ideas into practice and start evolving them and here is where creativity comes in. Creativity skills cannot be taught in a classroom. They are acquired through experience and through creative thinking processes. One cannot learn to be innovative and entrepreneurial, while on desk duty.  You need to explore things, use your imagination, question assumptions and connect information in order for you to achieve the best result.

Some entrepreneurial skills can be taught and others cannot. “The key factor is motivation.” The teachers need to be motivated in order to teach important parts of entrepreneurship to students and students need to be motivated in order to understand the importance of the entrepreneurship skills and learn them. “Entrepreneurship can, partially, be taught.” But without imagination, innovation and a thirst to meet the unknown people will not be able to become true entrepreneurs.
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What is a Digital Entrepreneur?

3/24/2018

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Of course there are as many ways to describe a Digital Entrepreneur as there are trees in the Forrest - but some common ways of creating and running a business can be identified.
By knowing these activities and ways of running a business you can start to look for the competences needed to manage the challenges to digitize your business and to take the step to be a Digital Entrepreneur.
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‘being a solopreneur has forced me to learn how to handle all aspects of business’
As a solopreneur or working with a team spread all over the world - you can also add the "Digital Nomad" title to your business card. There the digital tools allows you to work from any place and there you might have automated a large number of your business processes - giving you a chance to also just work when you want to.

Are you planning to start a new business or restart your existing one?

In some ways it can be easier to start a new business based on the idea of Digital Entrepreneurship - there are no changes required - just set up a new business environment that supports your digital business model. Restarting and implementing the digital tools step by step can be more difficult since you need to take care of the existing business and the customers and other relations you have worked so hard to reach. In that case you need to create a "step-by-step" digitization plan to secure the change. Depending on if you are a solopreneur or have employees you also need to involve your staff or partners in the process. Maybe you need to replace staff/partners to get the required competences into your business - or maybe start a training process in parallel with the change.
Whatever it takes - you need to analyze the situation and start moving in the direction of a digitally supported or digitally based business.

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Why are Innovative Entrepreneurs different than others?

1/23/2018

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Economic development is highly associated with entrepreneurship by means of creating new wealth, contributing employment creation and socio-economic change in all settings. That is why ‘entrepreneur’ and ‘entrepreneurship’ as a term become so prominent in the last decades. Traditionally, the entrepreneur is often defined as the one who starts own new and small business. The essential act of entrepreneurship is new entry which can be accomplished mostly through launching a new venture. But not every new small business is entrepreneurial or represents entrepreneurship
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Being innovative means to be open to change and not just open to change but proactively seeking change so it is always asking the question of what is next, what can we do better, what can we do differently and not just for the sake of doing it differently but to create more value than it’s currently created.”
An entrepreneur from UK

Read full article here...

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MAKRO is a member of the SME Academy Network
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How will Robotics, 3D-printing and other emerging technologies affect SMEs?

5/2/2017

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There is no doubt about the fact that SMEs already now needs to change their Business Models and recruitment of new staff with up-to-date competences and knowledge based on the emerging technologies and their impacts on several domains. 

In this blog post you will get information about and links to a project that is working with the definition of a new curriculum for the future jobs. By future we don't mean many years - but maybe many months... 
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To the article

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SMEs - the key to creation of new jobs

5/1/2017

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We all know that a great deal of jobs are created by SMEs and still many governments believe that large enterprises, together with public organizations,  are the base for employment. In South Korea an article in the Korea Herald gives us some interesting perspectives on the situation there - not only for the enterprises themselves but also for the individuals working in them. 

"In 2014, small and midsized enterprises accounted for 99.9 percent of the total number of local businesses, hiring nearly 88 percent of workers, showed figures from the Korea Federation of SMEs."
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As reported in the Korea Herald there is a wage gap between the larger enterprises and the SMEs. 
"“The country’s labor market is divided into the first league of large corporations and regular jobs and the second league of SMEs and irregular jobs,” said Bae Kyu-shik, a researcher at the Korea Labor Institute, a state-run think tank."

Read the article in the Korean Herald

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8 challenges every Entrepreneur is guaranteed to face

4/28/2017

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If you are an Entrepreneur with some experience you have probably already faced several of the challenges that Dan Western, founder of the Wealthy Gorilla,  mentions in this article posted by David Seagraves. 
If you are working with entrepreneurs and individuals on their way to become entrepreneurs - these are 8 challenges that you need to prepare them for. To the article...

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Find the Article on LinkedIn
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Disruptive Innovations - Arvind Gupta in GEC 2017

4/12/2017

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Open Innovation + Digital Infrastructure = Entrepreneurs able to solve real problems for Citizens all over the World

One clear message from serial entrepreneur Arvind Gupta at the GEC 2017, Global Entrepreneurship Congress in Johannesburg, is "Don´t invent the Wheel again". He gives us a great and engaged speech about the giant leap taken by India and some fantastic examples on what you can do - once you have the digital infrastructure as a part of the open innovation systems.
The interaction between Entrepreneurs and Governments is something worth supporting as can make a difference to all citizens.
Serial Entrepreneur Arvind Gupta in GEC 2017, Johannesburg - South Africa 

Visit GEN
Learn more about Global Entrepreneurship Network
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Putting Dubai on the global startup map

4/11/2017

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Visit arabian business.com
"Dubai may be well known for its homegrown startups, but there is now a push to make the emirate an attractive base for global startups looking to scale up internationally."

In this article from Arabian Business.Com you will find an interesting activity going on to make Dubai a startup hub for international businesses. You can find a number of key activities and key resources that it takes to support the growth of international startups and  the effort to bring the competences and knowledge required. 
This attempt to put DUbai on the global map of entrepreneurship and startups includes "Intrapreneurship" as a strategy to bring more ideas and innovative services to existing businesses and public organizations
Read the full article here...

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Starting up your business in UK or US? Here is how to do it!

3/30/2017

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If you are planning to set up a new business in United Kingdom or United States - read these articles, linked to below, by Jessica Hoyt. in the GLOBIG blog. She describes the different types of enterprises you can set up and explains the advantages and disadvantages with them. The overview makes it possible to compare the different types and guides you in your process of setting up a company. 
The articles are a perfect introduction to the topic and can be used both for students and for entrepreneurs starting up an international business.

Links to the Articles 

  • Your Guide To Setting Up A UK Business
  • Setting Up A U.S. Business For International Startups Part 4: The Limited Liability Company
  • Setting Up A U.S. Business For International Startups Part 3: The Corporation
  • Setting Up A U.S. Business For International Startups Part 2: The Partnership
  • Setting Up A U.S. Business For International Startups Part 1: The Sole Proprietorship
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