Last Thursday’s Fourth Annual Emerging Markets Symposium was a morning of critical discussion and inspiration as business leaders and academics tackled the topic of “Winning in Emerging Markets”. The symposium, held by Northeastern University’s Center for Emerging Markets and led by director and professor Ravi Ramamurthi, focused on sharing lessons from experience in order to look to a future of economic collaboration in rapidly growing economies around the world. The speakers came from various sectors and experience levels, from seasoned CEOs to students currently building start-ups abroad; this made for a dynamic and interesting morning.
The symposium began with an inauguration by Governor Deval Patrick. In his remarks he focused on education, innovation, and infrastructure as the drivers of a developing economy, adding that Massachusetts has been and is developing in all of these key areas. He stated that eastern Massachusetts has the highest concentration of colleges and universities worldwide, that the Commonwealth is a center for innovation, and touched on infrastructure projects that are ongoing in the western part of the state. He urged that now is the time for Massachusetts to become even more involved in the global economy, beginning with our universities, saying “This globalized economy is all about an explosion of knowledge, and we have that in spades.” According to the Governor, committing to investment in education and innovation in the Commonwealth creates a “platform for future growth” and makes Massachusetts an enticing business partner for cities and countries with emerging markets.
After Governor Patrick gave his remarks, the symposium opened up for a question and answer period during which he answered frankly to questions about future trade missions, specifically on the African continent, and job creation. The rest of the morning was filled with engaging presentations from a diverse group of speakers, all building on Patrick’s key points of education, innovation, and collaboration.
Sanjay Mirchandani, CIO and COO for EMC Corp. Centers of Excellence spoke to the strength of collaboration throughout global offices and stressed the importance of working with and hiring local staff to tailor one’s business to emerging markets’ standards. Working in emerging markets means being willing to liaise between local and global, Sao Paulo and Boston. In a CEO panel, Luis Bonell of Liberty International and Giri Chakravarthi of Emhart-Asia, Stanley Black & Decker presented on “Capturing Business in Emerging Markets”.
Despite the differences in their sectors, insurance and household tools/ fasteners respectively, both underscored the importance of having a deep understanding of market dynamics and local cultures as a key to success. Ventia Kontogouris, of Venkon Group, LLC., talked about creating businesses from scratch in emerging markets, speaking from her 20+ years of experience in venture capital investments in India. Again, she highlighted local to local collaboration as paramount in doing good business across the globe. Nigel Burton, Chief Marketing Officer at Colgate-Palmolive, was the luncheon keynote, focusing his remarks on marketing challenges in various local contexts and giving voice to the perspective of a large multinational corporation with a larger presence in emerging markets than in traditional, western markets.
A definite highlight of the morning for many were two wonderful presentations from Northeastern students on their personal experiences in Cameroon and Uganda, and the work they’ve undertaken in these regions. Michael Cantalino presented the business model for his start-up, Jola Venture, a company that provides solar powered food dehydrators for farmers. Elizabeth Cherchia shared her experience with Northeastern’s Engineers Without Borders and her water security projects in a Ugandan village. Their dedication was inspiring and garnered praise from the distinguished speakers for ensuring us that our future in emerging markets will be a bright one.
The key words of the day were education, innovation, collaboration and cultural competency- words we live by here at UNA-GB. Our Model UN and classroom programming serve nearly 3,000 students in the greater Boston area, teaching them valuable skills in problem-solving, teamwork, and critical thinking through various cultural lenses. While corporations are making their mark on emerging markets, we’re doing work right here in Boston to prepare young leaders for a promising future in a globalized world.
And stay tuned… exciting news to come about one emerging market in particular and our 2012 UN Day Luncheon!!
Tomorrow, June 5, UNA-GB is teaming up with John Hancock Financial to celebrate the 40th anniversary of United Nations World Environment Day and its theme, “Green Economy: Does it include you?”
The annual World Environment Day was created by the United Nations Environment Programme (UNEP) in 1972 as a way to raise awareness about environmental issues. UNEP focuses on several areas ranging from environmental governance to disasters, conflicts, and climate change, and encourages global citizens to care for our environment in order to improve our quality of life. World Environment Day serves to personalize environmental issues and urge civil society to realize that it is our responsibility to take action. Not only is WED a celebration but it is also an opportunity to come together and initiate change in support of sustainable lifestyles and development.
More specifically, this year WED will hone in on issues of green economies– economies that are low carbon, resource efficient, and socially inclusive. UNEP suggests that because a green economy is socially inclusive that means that we as global citizens are integral in making a change, that it is not only up to businesses and policy-makers; this is where the bulk of this year’s theme comes into play.
These questions arise just as the UN is gearing up for the Rio+20 conference, taking place June 20-22. The conference marks the 20th anniversary of the 1992 United Nations Conference on Environment and Development. UN Secretary-General Ban Ki-Moon acknowledges World Environment Day as the perfect opportunity to prepare for Rio+20 and to reflect on how we fit into green economies (read his official statement here). World leaders and thousands of participants from governments, NGOs, and the private sector will convene to discuss “priority areas” including green economy and its role in poverty eradication. For more information on this topic, check out Rio+20’s green economy resource and this Guardian article on green jobs and how they can help lift workers out of poverty. And to get involved take a look at Rio’s page on engagement.
UNA-USA has sprung into action by responding to efforts to ban UN’s Agenda 21 and encouraging members to let their voices be heard and write letters to editors. Additionally, the UN Foundation has established Rio+Social and the 6 Minute Speech project as a way to connect to the event through social media- an easy way to get involved! Both organizations are hosting a live web conference on June 22 @ 1 PM EST to get an insider’s look at Rio+20’s sessions (RSVP here).
With all of those options there are still more opportunities to help! UNEP challenges us all to join in the WED and Rio+20 action by not only asking ourselves how we can be included in promoting sustainable development but also by simply organizing a neighborhood clean-up, planting a tree, or even walking to work. More than 8,400 WED activities, including Tuesday’s program at John Hancock, have been registered at UNEP’s global 2012 WED website.
This year John Hancock Financial’s headquarter offices at 601 Congress Street in downtown Boston became the first existing building in New England to become LEED certified at the platinum level by the U.S. Green Building Council (USGBC). At UNA-GB’s event, John Hancock Financial will be recognized for its environmental commitment and leadership. Our hope is to encourage other corporations in the Boston area and beyond to take similar steps such as striving for the greener rankings as John Hancock did or by supporting environmental efforts elsewhere in their company or surrounding communities.
Although the event focuses on corporate action, we must not forget this year’s WED theme; does the green economy include you? We should ask ourselves what we can do to be more involved in environmental issues. UNA-GB will be volunteering with the Boston Harbor Association on Tuesday by cleaning a park near John Hancock at 12:30pm.
UNA-GB is also deeply committed to educating the next generation of global citizens about environmental sustainability beyond just World Environment Day – through our Model UN program this past year, more than 600 students have debated environmental topics, including clean water, green building and sustainable development.
What will you do to celebrate World Environment Day? What actions will you take to support the environment on June 5? And on June 6th and beyond? A great first step is to join us for World Environment Day on Tuesday. Hope to see you there! You can also check out how else you can support the planet with 50 Ways to Help.
Boston Event details recap:
Tuesday, June 5
Event at John Hancock Financial, 601 Congress Street
10:15-10:45 AM- Tour of John Hancock’s new LEED certified building
11:00-11:30 AM- Brief speaking engagement with UNA-GB Board President Richard Golob and State/city environmental officials.
12:00 pm- John Hancock vendor fair
12:30-1:30 PM- Park clean-up with Boston Harbor Association (To participate in the clean-up, email email@example.com your name!).
Today marks the 41st Anniversary of Earth Day! Join us in celebrating the beautiful planet we live on and demonstrate your commitment to environmental protection and sustainability. And for those of you who have not yet taken part in recycling or other going-green efforts, Earth Day is your opportunity to start making changes in your life and in your community.
The Earth Day Network‘s year-round mission is to broaden, diversify and activate the environmental movement worldwide, through a combination of education, public policy, and consumer campaigns. This year, the organization’s goals are bigger than ever before.
“A Billion Acts of Green,” the Earth Day Network’s 2011 theme, is the largest environmental advocacy and service project happening around the globe today! Help power the movement and pledge an act to save our planet here! According to the Earth Day Network’s website, “Every Act registered will be counted toward our ultimate goal of amassing one billion actions in advance of the 2012 UN Conference on Sustainable Development in Rio de Janeiro, Brazil.” Millions of individuals have already done so, and you should too!
In addition to this campaign, the Earth Day Network also needs your help to build a new green economy. One way to help put Americans back to work and solve the climate crisis is by telling the U.S. Congress that you want comprehensive green jobs legislation. You can sign the petition here.
There are even more ways to honor the planet. Here are some green acts you can start doing right now:
- Plant a tree
- Brush your teeth without running water
- Commit to recycling in your home and at your office
- Eat more locally grown food
- Bring reusable shopping bags to the grocery store
- Use green cleaning products
- Start a garden
What are other suggestions you have? Post a comment below!