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August 2015

2013 Macedonia Global Investment Summit Highlights

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2013 Macedonia Global Investment Summit Highlights

 

The Summit of 2013 that took place in Ohrid was the most successful event of its kind in the history of Macedonia. The large number of distinguished professionals, who attended the Summit as speakers and guests, is the best contribution Macedonia could receive in the economic development discussion.

In 2013 we had in attendance and as participants, a former CEO of Motorola, Chris Galvin; the head of Human Resources of Unilever, Sandy Ogg; Samih Elhage, CFO of Nokia Solutions and Networks; Curtis Girod, Chief Strategy Officer of the Banking and Financial Services of Cognizant; Filip van Hool, CEO of Van Hool Belgium and many more.

Besides the international guests the Summit in Ohrid was attended by cofounders and members of Macedonia2025, such as Mike Zafirovski, John Bitove, Vera Stavroff, Robert Arsov, Mitre Kutanoski, Professor Dr. Mile Terziovski and others, who were joined by representatives of the Macedonian government and by Macedonian professionals from around the world, as well as businessmen and businesswomen who live and work in Macedonia.

2013 SUMMIT TESTIMONIALS:

We are happy to share some of the impressions that our participants shared about the summit:

Christopher Galvin Co-Founder and Chairman of Harrison Street Capital and former CEO of Motorola: “Your country has already proposed an architecture for how countries become ultimately successful, now you have to implement it. An important thing is to have the ability to educate and develop people – they are the main asset for every company and country in general. Events like this Summit also contribute towards making the country more competitive.”

Filip Van Hool Chief Executive Officer of Van Hool, Belgium: “The Summit is an extremely important venue for establishing business contacts and discussing experiences.”

Dr. Jana Marin Assistant CEO of the Acibadem Sistina Hospital “The Macedonia Global Investment Summit 2013 was an extraordinary opportunity to establish contacts with the global business elite. It was an event where one could learn and observe, exchange experience on relevant topics – on how to succeed, how to advance and – what seems to be the most difficult part – how to remain on the top!”

One of the themes of the summit was ENHANCING NATIONAL COMPETITIVENESS THROUGH ENTREPRENEURSHIP AND INNOVATIONS. Macedonian businesspeople and government representatives presented to the international guests the improvements that have taken place in Macedonia in the past several years leading up to the Summit. Data from the World Bank report, the Global Innovation Index, the Global Competitiveness Report and other surveys, was presented to the guests in an effort to encourage representatives of important international companies to invest in Macedonia.

The results of the Summit are visible. Two years later, more than 10 companies have made investments in Macedonia. This is the impact of events such as this and Macedonia2025 is eager to continue this amazing effort by continuing the discussion at the Macedonia Economic Summit, where noted professionals, movers and shakers in the world of science, business and development will discuss development in Macedonia along the lines of economic integration with the region, with Europe and how to ride global trends that are key to bringing prosperity to developing countries.

SANDY OGG’S FIVE E’s THAT SHOULD CHARACTERISE EVER LEADER

Sandy Ogg, who gave a keynote speech during the Gala dinner in Ohrid, shared a inventory of practical advices for current and future leaders. Mr. Ogg said:

There are 5 things that I want to share with you that are a result of my last 25 years of experience in working to make change in large systems. I have verified this most recently in my work at Blackstone, by looking at 80 of our companies, and looking at the successes and failures of our CEOs. Some people even say that execution is strategy, and strategy is execution, but I’m going to add one thing to that and that is that execution plus speed equals mobilization….

We will share with our audience Sandy Ogg’s five leadership essentials in our next Macedonia Economic Summit highlights article, so we invite you to stay tuned for that!

PRE-SUMMIT ENTREPRENEURSHIP WORKSHOP

In 2013 Macedonia2025’s cofounder Mike Zafirovski invited a number of young Macedonian professionals who have gained international business experience, such as Emil Hristov, then President of EMSA Construction and EMSA Solar and Chris Pavlovski, founder and President of Cosmic Development. Both Emil and Chris had taken part of their business operations to Macedonia, where they transfer their know-how and consequently, leadership skills. We invited Mr. Khamran Ozair served as the Executive Vice President of Mindtree Limited, where through the years he held several other positions. Bratislav Stankovic, Advisor for Science and Technology to the President of the Republic of Macedonia, also attended the workshop and contributed to exciting presentations. Attendees at the event had the opportunity to learn from world professionals, entrepreneurs and educations.

This year we will have a second edition of an amazing event that filled the hall with enthusiastic young business leaders. We invite you to mark your calendars for the event that in 2015 is adequately titled LEADERSHIP TALK! The date and venue are coming soon so make sure you check back our website and social media profiles.

www.macedonia2025.com/summit

2013 Summit Highlights: Sandy Ogg’s Five E’s for Successful Leadership

By | Announcements, Announcements 2015 | No Comments

In our previous announcement dedicated to the last Summit that took place in Ohrid in 2013, we announced that we will share the Five Leadership E’s that Sandy Ogg, the former Human Resource and Leadership Development Manager, shared with the audience during the Gala Dinner. We are happy to share that part of his speech with you with the hope it will provoke you to reflect on your own leadership skills and the things that can bring you closer to success.

We are also going to view the Summit in Ohrid through some fun facts and numbers, the media coverage of the event, as well as a pie chart of the sectors that were featured.

Sandy Ogg’s Five E’s for Successful Leadership 

One thing I have learned about leadership is when the past and the future collide, and strategy and culture collide, the past or the culture will always win. But there is caveat in the absence of leadership, it is leaders that bring the past and the future together; it is leaders that make strategy and culture come together. Macedonia has great culture but when residing in that culture there will be a certain amount of inertia in the way you do things. You are going to have to have the courage to sort through that and figure out what you are not willing to change, and what things you are willing to change in order to win. And making this type of decision is leadership. It is the judgment and the will to be able to do so; you have to assemble the collective will of everyone here. I will tell you more about the five points that begin with “E” and that should characterize every leader.

The first “E” of any leader is ENVISION. Do you have a vision for yourself, for the business that you are in? Do you have a vision for your family; do you have a vision for your son or daughter? The first criterion is to have a vision but the second is to give vision to others. Do you see your vision present in your people, in your children? You can’t be the judge of this! Other people around you will be the judges of your vision. It is the vision that resides in the organization that lives in the business in which you have given your vision that will live on. Slogans are simply putting a vision on the wall, it is just a technical term, but where you work, from there is what gives your vision meaning. Does the vision live? Grade yourself.

The second “E” is ENERGIZE. Does anybody have a Smartphone? When your Smartphone rings are there people that when you see their name appear on the screen, you don’t want to answer it because they suck the energy right out of you even before you answer it? I call those people energy vampires. Are you an energy vampire? Take care of yourself and of the people who give you energy. When you come home at night do you still have the phone to your ear? When you come home do your children run up to you or does just the dog run now? This might be an indicator. Be present for your family, just as you are present at work, because they are going to give you your energy back so you can give it to others. Ask yourself do you have energy and do you give energy, or you are the energy vampire?

The third “E” is EDGE. Edge means the willingness to make tough decisions about people and businesses. It is absolutely cruel to leave people in a job that they are unable to do. Everyone should be challenged, but when they are not in the right job, it is difficult for them and for the company to succeed.

The fourth, is EXECUTE. Are you the person people will turn to when they need to get something done? We used to call Mike Zafirovski the “execution monster”. If it was on Mike’s to do list, and if you happened to get in between him and him getting it done, he will either do it with you or through you, but always in an energizing way.

The final “E” is ETHICS. Without ethics there is no trust, and without trust there is nothing. So as a leader if you are not trusted, it doesn’t matter which of these four “E’s” you may have or how successful you are. And it is not only the big things, but the small breeches that begin to dissolve the trust others have in you.

The Summit through numbers

The Summit hosted around 300 participants, including international top CEO’s, managers, entrepreneurs, the Government’s economic team and high officials, business associations and chambers, diplomats and foreign missions, as well as international financial institutions. The five panels hosted an impressive list of 43 keynote speakers and panelists. The list of speakers included globally renowned executives, Ministers, leaders in innovation and research, representatives of the biggest foreign investments in Macedonia, successful entrepreneurs, and institutional representatives. The participants included 240 local and 60 international guests from more than 20 different countries.

The summit survey was distributed to 226 participants, out of which 43 people have responded (19% response rate). Here is a short summary of the results: The most prominent benefits for the participants are networking, business opportunities and getting new ideas, updates and insights. 87% come to the Summit for networking; 93% are satisfied with the networking opportunities. 77% come to the Summit to investigate business opportunities; 67% of the respondents are satisfied with the business opportunities presented at the Summit. 90% of the respondents are very satisfied or satisfied with the Summit Topic/Theme, and 95% find the quality of speakers very satisfying or satisfying. 92% are very satisfied or satisfied with the panel sessions. The respondents have identified the panels on “Innovation Driven Business” and “Leadership Development” as the most interesting sessions at the Summit.

The Summit was popular in the Media

The Macedonia Global Investment Summit established close communications with nine media partners during this year’s Summit: two news agencies, three national television stations, three daily newspapers and one business magazine. There were also twenty-two journalists from eighteen accredited media outlets reporting from the Summit events in Ohrid. The Macedonian media had a notable interest in covering the events and news regarding the Global Investment Summit both in 2012 and 2013. There were a total of 432 news articles released to the Macedonia public from June 1st to October 16th discussing the Summit; in 252 articles, it was the dominate subject. The remaining 162 articles were covering other program activities of Macedonia 2025 and activities of some of its Board Members. From the total number of articles, thirty were television broadcasts, nine were radio announcements or discussions, fifty-two were published news and 341 were internet posts. The Summit and its participants were highlighted in twenty-five interviews.

2013 Summit Highlights: Sandy Ogg’s Five E’s for Successful Leadership

By | Announcements | No Comments

In our previous announcement dedicated to the last Summit that took place in Ohrid in 2013, we announced that we will share the Five Leadership E’s that Sandy Ogg, the former Human Resource and Leadership Development Manager, shared with the audience during the Gala Dinner. We are happy to share that part of his speech with you with the hope it will provoke you to reflect on your own leadership skills and the things that can bring you closer to success.

We are also going to view the Summit in Ohrid through some fun facts and numbers, the media coverage of the event, as well as a pie chart of the sectors that were featured.

Sandy Ogg’s Five E’s for Successful Leadership 

One thing I have learned about leadership is when the past and the future collide, and strategy and culture collide, the past or the culture will always win. But there is caveat in the absence of leadership, it is leaders that bring the past and the future together; it is leaders that make strategy and culture come together. Macedonia has great culture but when residing in that culture there will be a certain amount of inertia in the way you do things. You are going to have to have the courage to sort through that and figure out what you are not willing to change, and what things you are willing to change in order to win. And making this type of decision is leadership. It is the judgment and the will to be able to do so; you have to assemble the collective will of everyone here. I will tell you more about the five points that begin with “E” and that should characterize every leader.

The first “E” of any leader is ENVISION. Do you have a vision for yourself, for the business that you are in? Do you have a vision for your family; do you have a vision for your son or daughter? The first criterion is to have a vision but the second is to give vision to others. Do you see your vision present in your people, in your children? You can’t be the judge of this! Other people around you will be the judges of your vision. It is the vision that resides in the organization that lives in the business in which you have given your vision that will live on. Slogans are simply putting a vision on the wall, it is just a technical term, but where you work, from there is what gives your vision meaning. Does the vision live? Grade yourself.

The second “E” is ENERGIZE. Does anybody have a Smartphone? When your Smartphone rings are there people that when you see their name appear on the screen, you don’t want to answer it because they suck the energy right out of you even before you answer it? I call those people energy vampires. Are you an energy vampire? Take care of yourself and of the people who give you energy. When you come home at night do you still have the phone to your ear? When you come home do your children run up to you or does just the dog run now? This might be an indicator. Be present for your family, just as you are present at work, because they are going to give you your energy back so you can give it to others. Ask yourself do you have energy and do you give energy, or you are the energy vampire?

The third “E” is EDGE. Edge means the willingness to make tough decisions about people and businesses. It is absolutely cruel to leave people in a job that they are unable to do. Everyone should be challenged, but when they are not in the right job, it is difficult for them and for the company to succeed.

The fourth, is EXECUTE. Are you the person people will turn to when they need to get something done? We used to call Mike Zafirovski the “execution monster”. If it was on Mike’s to do list, and if you happened to get in between him and him getting it done, he will either do it with you or through you, but always in an energizing way.

The final “E” is ETHICS. Without ethics there is no trust, and without trust there is nothing. So as a leader if you are not trusted, it doesn’t matter which of these four “E’s” you may have or how successful you are. And it is not only the big things, but the small breeches that begin to dissolve the trust others have in you.

The Summit through numbers

The Summit hosted around 300 participants, including international top CEO’s, managers, entrepreneurs, the Government’s economic team and high officials, business associations and chambers, diplomats and foreign missions, as well as international financial institutions. The five panels hosted an impressive list of 43 keynote speakers and panelists. The list of speakers included globally renowned executives, Ministers, leaders in innovation and research, representatives of the biggest foreign investments in Macedonia, successful entrepreneurs, and institutional representatives. The participants included 240 local and 60 international guests from more than 20 different countries.

The summit survey was distributed to 226 participants, out of which 43 people have responded (19% response rate). Here is a short summary of the results: The most prominent benefits for the participants are networking, business opportunities and getting new ideas, updates and insights. 87% come to the Summit for networking; 93% are satisfied with the networking opportunities. 77% come to the Summit to investigate business opportunities; 67% of the respondents are satisfied with the business opportunities presented at the Summit. 90% of the respondents are very satisfied or satisfied with the Summit Topic/Theme, and 95% find the quality of speakers very satisfying or satisfying. 92% are very satisfied or satisfied with the panel sessions. The respondents have identified the panels on “Innovation Driven Business” and “Leadership Development” as the most interesting sessions at the Summit.

The Summit was popular in the Media

The Macedonia Global Investment Summit established close communications with nine media partners during this year’s Summit: two news agencies, three national television stations, three daily newspapers and one business magazine. There were also twenty-two journalists from eighteen accredited media outlets reporting from the Summit events in Ohrid. The Macedonian media had a notable interest in covering the events and news regarding the Global Investment Summit both in 2012 and 2013. There were a total of 432 news articles released to the Macedonia public from June 1st to October 16th discussing the Summit; in 252 articles, it was the dominate subject. The remaining 162articles were covering other program activities of Macedonia 2025 and activities of some of its Board Members. From the total number of articles, thirty were television broadcasts, nine were radio announcements or discussions, fifty-two were published news and 341 were internet posts. The Summit and its participants were highlighted in twenty-five interviews.

Samih Elhage of Nokia Networks at the Summit in Ohrid: IT is becoming a new environment where people are communicating

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Samih Elhage, is the Executive Vice President and Chief Financial and Operating President of Nokia Networks.  Mr. Elhage also serves as a Member of the Executive Board of Nokia Solutions, Networks Oy and Nokia Solutions and Networks.

At the Global Investment Summit that took place in Ohrid in 2013, Mr. Elhage spoke about the future of data centers, connectivity, the exponential growth of data transfer and much more. We offer an exceprt from his panel speech.

At this year’s Macedonia Economic Summit in Skopje, taking place on November 18-20, we will have panelists who have exceptional experience, who are looking forward to lead many forward-thinking discussions about economic development in the region.

Act now to get the early-bird discount on the Summit’s admission fee.

Chris Galvin, former CEO of Motorola: Lee Kuan Yew of Singapore started with zero

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Christopher Galvin, of the family that founded Motorola, is the former CEO of Motorola and a co-founder of Harrison Street Capital. Mr. Galvin has had decades long experience in business and capital management. During his leadership in 2004 Motorola registered significant revenue growth of 41 percent to $8.7 billion. Mr. Galvin serves as board member and board trustees to a number of universities and councils.

At the Macedonia Investmnet Summit in Ohrid, Mr. Galvin reflected how small countries can make significant strides in economic development and gave some directions how it can be achieved in Macedonia.

At this year’s Macedonia Economic Summit in Skopje, taking place on November 18-20, we will have panelists who have exceptional experience, who are looking forward to lead many forward-thinking discussions about economic development in the region.

Act now to get the early-bird discount on the Summit’s admission fee.

Executive Study Tour in Toronto participant experience: Mihajlo Pavlov, Owner of Creative House

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I want to recount my positive experience as a part of the group that was led by Macedonia2025 on the Executive Study Tour in Toronto. We visited a number of very exciting companies in Toronto and the surrounding area. My own company has already started the process of opening its office in Canada! These visits have helped us a great deal to better understand business ethics, relations and the way companies organize and function in Canada. Now we are ready to do business in this market as well. The personal contacts, and connections with a dozen of local enterprises we made during that week, can prove very helpful for a future cooperation with our company or other companies we work with in Macedonia.

Again, we wish to express our gratitude to the team of MK 2015, Jordanka Kacharska, and especially to Biljana Markovik who excellently followed the agenda she set as a team leader.

Mihajlo Pavlov is the Owner and Marketing Strategist at Creative House and Owner/Director/Producer at Digital Star; Motion Pictures, TV & Marketing

 

Executive Study Tour in Toronto: Visits to Telus, Purpose Investments and Cross-Link Bridge Corp

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Telus

The participants of the Executive Study Tour in Toronto visited Telus – one of Canada’s largest telecom providers. The company offers mobile, television and home telephone service to more than 13.9 million customer connections. The group from Macedonia learned the core principles that Telus embodies in order to be a highly successful company. The company host Phillip Solakov said that Telus combines valuable offers and competitive prices in order to get closer to the customers. In terms of diversifying the sources of revenue, Telus develops an international capability by buying out smaller companies in Canada and abroad. It is one of the leaders in cloud services and Canada’s leader in internet security. Last but not least, the company is proactive in other sectors, by, for example, developing products for the healthcare industry that combine electronics and communication.

Participants of the tour were interested to know what are the most important trends at the moment that Macedonia can explore towards economic development. Mr. Solakov said: Internet of Things, Data centers and Internet and data security. These are here to stay and that the sooner companies explore the opportunities tied, the better it is. The group from Macedonia then was taken on a tour in the Telus Innovation Center where they were able to see how state of the art tech equipment is developed. Another important thing that the host wanted to communicate was philanthropy. Reaching out with philanthropic initiatives means giving back to the customers and at the same time reminding them that Telus is doing wonderful things for everyone.

Purpose Investments

The group from Macedonia met Vlad Tasevski, Vice President of Purpose Investments, at his company’s offices. The company manages investments that offer similar possibilities as hedge funds. Because hedge funds demand a very large buy-in, Purpose has developed strategies that allow almost anyone to invest. The company wanted to minimize the downside to clients and provide them daily liquidity, transparent work and low cost of management. Vlad Tasevski presented his company’s approach in customer care. He said, “Having a voice that people can understand is what differentiates us as an investment company.” Mr. Tasevski adds that investing is complicated even for people in the industry, so it is always good to have someone who can explain things in the best possible way. Purpose Investments currently has a strategic span that has brought the number of direct competitors to virtually none. When it comes to marketing and promotion, the group from Macedonia learned from the company’s Marketing Manager that Purpose doesn’t do product pitching. Instead, they have found a way how to effectively communicate through the media by doing weekly videos with the Financial post, by preparing commentary pieces but also though Social Media engagement.

Cross-Link Bridge Corp

Zoran Cocov of Cross-Link Bridge took the participants of the Executive study tour to Niagara Falls, where his company is working on a real-estate development project. The purpose of the company is to create value of real-estate by renovating and changing the use of the property. The group from Macedonia learned about the dynamic real-estate market in Canada and the United States and how investors enter that market to purchase property, develop it and then sell it at a profit.

Sandy Ogg speaking at the Macedonia2025 Investment Summit in Ohrid

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At the 2013 Investment Summit in Ohrid organized by Macedonia2025 we had the honor to have Mr. Sandy Ogg as speaker during the gala dinner. Mr. Ogg has decades’ worth of experience in consultancy, leadership development and HR in companies such as Unilever, Motorola and Blackstone. He shared with the audience some his best insights which he had acquired in his experience.

At this year’s Macedonia Economic Summit in Skopje, taking place on November 18-20, we will have panelists who have exceptional experience, who are looking forward to lead many forward-thinking discussions about economic development in the region.

Stay tuned for more info. Act now to get the early-bird discount on the Summit’s admission fee.