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May 2016

Macedonia2025 announces its new Corporate Partner Makstil AD

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Macedonia2025 is happy to announce the partnership with Makstil AD. The company Makstil AD was established in 1997 as an integrated producer of flat rolled products. As unique Macedonian steel producer, Makstil AD is the core company in the new National Steel Section Strategy, a Short-term Macedonian Restructuring Programme of the Steel Sector supported by European Agency for Reconstruction as main objective of the European Union’s Treaty for Association and Stabilization of the Eastern Europe. The Draft Regional Initiation “European Steel Star 2001” has been designed to promote production, processing and trade of steel products in the Balkan region. The final target is the creation of new regional dynamics in favor of implementation of economic cooperation and coordination in the region, objectives compatible with the general goals of the European Commission policies.

The President of board of directors of Makstil, Mr. Mincho Jordanov says: „Makstil supports Macedonia2025 with great pleasure. The team of Macedonia2025 is working with great dedication for economic development of Macedonia and improving the quality of education. I consider that together with Macedonian Diaspora we can be stronger and we can make real changes in our economy”.

The Leader Project enriched the entrepreneurial ecosystem in Macedonia with 40 new members

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On Friday, May 20, forty participants of the Leader Project in Skopje presented their business plans in order to complete the ten-day, MBA-styled training course provided by the Richard Ivey Business School in Canada. Each participant was given four minutes to convince the jury comprised of senior business professionals and the instructors, about the feasibility and sustainability of their business plans. The jury, in turn, had one minute to ask questions and receive answers related to the business plan.

This setting created an atmosphere of pressure and excitement, something which the participants dearly needed to find out how convincing they can be when facing a potential business partner, buyer or an investor. What the Leader Project provided to these unique individuals was the structured learning through the examination of real-life case-studies of business successes and failures, which are part of the Richard Ivey MBA curriculum.

Macedonia2025 is proud to say that this ninth edition of the Leader Project was a measuring tool for the advancement of entrepreneurs and managers in Macedonia. It has become evident through the interaction between the participants, the questions they asked and the answers they provided to each other, that they understand business and entrepreneurship in a much broader sense. The Leader training was something that they needed in order to cross-check their business acumen and give each-other the necessary push towards accomplishing their entrepreneurial spirits.

Besides the amazing learning opportunity, the Leader Project is an excellent tool for networking. The instructors, participants and other Macedonia2025 members and supporters had many opportunities to meet in an informal setting and discuss potential cooperation.

Additionally, Macedonia2025 on May 18th organized its traditional Leader Project Alumni Networking Reception. We had the opportunity to have once again as a distinguished speaker the Ambassador of Canada to Serbia, Macedonia and Montenegro, H.E. Philip Pinnington. He accentuated how delighted he is by the work that Macedonia2025 does and thanked the organization for the recommendation and help in opening a new Leader site in Serbia. The event was attended by around 100 current and past participants of the project and MK2025 friends. They had the opportunity to enjoy in a relaxed atmosphere and taste Macedonian delicious food.

Thanks to the cooperation and mutual support between Macedonia2025, the Macedonian diaspora and Richard Ivey, entrepreneurs in Macedonia had the opportunity to improve on their way towards building professional success. In addition to that, Macedonia2025 has opened the call for application to participants from Bosnia and Herzegovina this year, thus making the Leader Project regional in character and providing opportunities for networking and cooperation between the participants. Overall, this is another successful year for the Leader Project site in Macedonia and our team and all the applicants who did not make it this year, are looking forward to the next edition of the Richard Ivey MBA-styled program.

We would like to sincerely thank all our corporate partners and sponsors who contributed towards the realization of this successful program.

If you wish to succeed in the US market, you should be investing in your employees, marketing, public relations, and modernising your business

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The Macedonia2025 second IT/BPO workshop was very informative and productive.  Alex Pantic the CEO of Kinetiq Solutions and our keynote speaker, did a great job in summarizing the benefits of PR and marketing for the Macedonian IT companies. He also pinpointed great tips of doing business with US companies. We also thank Emil Matevski for joining us over Skype. We were also pleased to hear a few success stories of collaboration between team members initiated as a result of our first meeting and to we are also happy to welcome new team members.

Here is a brief overview of the keynote address provided by Alex Pantic:

“The event was a fantastic opportunity for Macedonian businesses to congregate, compare and contrast their experiences when working with clients abroad. We, as an enterprise operating in the US market with Macedonian programmers and designers, presented our point of view on the challenges that Macedonian companies are confronted with whilst interacting with North American clients in a business setting.

Macedonia’s  international image, the lack of professionalism of many businesses here, and poor English skills are some of the top concerns for Macedonian companies trying to get business overseas. We stressed that Macedonia should be positioning itself as a high-quality, medium-cost rather than a low-cost destination for IT work to begin with. However, due to poor presentation and business etiquette coupled with inadequate company web pages and digital advertising, the predominant impression is that Macedonian companies are very unprofessional and American clients simply will not work with them at regular prices. Another related trend which hurts the image of the rest of the sector is the high number of IT companies in Macedonia doing low-quality work at the moment at strikingly low prices. Having more interns than permanent employees is not a healthy business method.

Unfortunately, these business errors have contributed to compromising the image of Macedonian businesses. Therefore, the best way for a Macedonian company to successfully position itself in foreign markets is as a Western-Macedonian partnership with western values and business standards. We also highly encouraged our counterparts in Macedonia to find a local salesperson in order to sell their products or services more effectively.

Additionally, Macedonian businesses need to realise the importance of having an appropriate system of priorities which in the West is quite different–status symbols are completely secondary, and what truly matters is quality of service and professionalism. Spending a lot of resources on offices, assistants, accountants, vehicles, clothes and so on will not impress your American counterparts. Instead, if you wish to succeed in the US market, you should be investing in your employees, marketing, public relations, and modernising your business instead of flashy status symbols. Business owners must realise that every market is different and approaching the North American market with Macedonian business practices will not yield success.”

Macedonia2025 welcomes all IT/BPO companies to join our collaboration team and to work jointly on expanding their business globally.

Nine Editions of the Leader Project in Macedonia make a difference

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This year’s Leader Project has its ninth edition in Macedonia. That means nine years of professional business education for Macedonia’s most proactive business professionals and entrepreneurs. With over 200 alumni, an expanding reach and cooperation with other organizations from the region, the Leader Project is the most influential business skills training ever to take place in the country. Instructors from the Richard Ivey School of Business in Canada have come for nine years to impart on the participants their best theoretical insights, tips and secrets in the craft of leading and operating a successful business

Macedonia2025 is continuing to fulfill its mandate of bringing fresh knowledge in business education. The country needs this knowledge in order to make companies and startups more competitive and innovative. This boost in theoretical and practical education links together an expanding group of people who sooner or later will encounter each other in the local and regional business ecosystem. To that group of people we add another 44 participants, all of them current and future entrepreneurs and business leaders of various backgrounds. Unfortunately, we had to make many hard choices and turn down many of the more than 90 applications, but at the same time it gives us great satisfaction in knowing that next year there will be many great new and returning candidates

The previous editions of the training provided the participants with an opportunity to increase their confidence when it comes to starting and leading a business. One of the instructors from last year, John Lazarou, said in an interview that the overwhelming majority of businesses do not succeed to lift off the ground. He also emphasized that this must not discourage the natural-born entrepreneur from trying and failing and trying again until they figure out a business idea that works. In that regard, what the Leader Project does for the participants is provide them with one on one counseling with the instructors who give an honest and informed advice on the strong and weak points in the business idea. In the course of the ten days training, the participants can fine-tune their business plans, close the hidden gaps and gain confidence in their execution.

Another great benefit for Macedonia’s entrepreneurs and business professionals is that by completing the Leader Project they become part of a global network of Leader alumni. In addition to this, by including candidates from Bosnia and last year from Serbia, as well as by keeping the Macedonian roster diverse to reflect the country’s diversity, the Leader Project is helping Macedonia to connect with at least five countries in the region. Because business today is global, the business professional and entrepreneur has to look beyond the borders of his or her country, especially if it is a small country in comparison with the global powerhouses. In that regard, the instructors from Canada communicate in the global language of business and there is no other event in Macedonia (besides the Macedonia2025 Economic Summit of course) where business-minded individuals can absorb that style of communication.

The Leader Project kicks off on May 9 and will last for ten working days. The event will open with a presentation of the training, the instructors, the Richard Ivey School of Business and Macedonia2025. During the training, Macedonia2025 has secured additional presentations and lectures by business professionals who are related to the organization. The Leader Project is made available through cooperation between Macedonia2025, the Richard Ivey School of Business and the Embassy of Canada in Serbia, Macedonia and Montenegro. This educational program receives additional support from private donors in Macedonia and the Macedonian diaspora as well as in-kind donations from partner companies and supporters.

See the photo gallery HERE

Nine Editions of the Leader Project in Macedonia make a difference

By | Announcements | No Comments

This year’s Leader Project has its ninth edition in Macedonia. That means nine years of professional business education for Macedonia’s most proactive business professionals and entrepreneurs. With over 200 alumni, an expanding reach and cooperation with other organizations from the region, the Leader Project is the most influential business skills training ever to take place in the country. Instructors from the Richard Ivey School of Business in Canada have come for nine years to impart on the participants their best theoretical insights, tips and secrets in the craft of leading and operating a successful business

Macedonia2025 is continuing to fulfill its mandate of bringing fresh knowledge in business education. The country needs this knowledge in order to make companies and startups more competitive and innovative. This boost in theoretical and practical education links together an expanding group of people who sooner or later will encounter each other in the local and regional business ecosystem. To that group of people we add another 44 participants, all of them current and future entrepreneurs and business leaders of various backgrounds. Unfortunately, we had to make many hard choices and turn down many of the more than 90 applications, but at the same time it gives us great satisfaction in knowing that next year there will be many great new and returning candidates

The previous editions of the training provided the participants with an opportunity to increase their confidence when it comes to starting and leading a business. One of the instructors from last year, John Lazarou, said in an interview that the overwhelming majority of businesses do not succeed to lift off the ground. He also emphasized that this must not discourage the natural-born entrepreneur from trying and failing and trying again until they figure out a business idea that works. In that regard, what the Leader Project does for the participants is provide them with one on one counseling with the instructors who give an honest and informed advice on the strong and weak points in the business idea. In the course of the ten days training, the participants can fine-tune their business plans, close the hidden gaps and gain confidence in their execution.

Another great benefit for Macedonia’s entrepreneurs and business professionals is that by completing the Leader Project they become part of a global network of Leader alumni. In addition to this, by including candidates from Bosnia and last year from Serbia, as well as by keeping the Macedonian roster diverse to reflect the country’s diversity, the Leader Project is helping Macedonia to connect with at least five countries in the region. Because business today is global, the business professional and entrepreneur has to look beyond the borders of his or her country, especially if it is a small country in comparison with the global powerhouses. In that regard, the instructors from Canada communicate in the global language of business and there is no other event in Macedonia (besides the Macedonia2025 Economic Summit of course) where business-minded individuals can absorb that style of communication.

The Leader Project kicks off on May 9 and will last for ten working days. The event will open with a presentation of the training, the instructors, the Richard Ivey School of Business and Macedonia2025. During the training, Macedonia2025 has secured additional presentations and lectures by business professionals who are related to the organization. The Leader Project is made available through cooperation between Macedonia2025, the Richard Ivey School of Business and the Embassy of Canada in Serbia, Macedonia and Montenegro. This educational program receives additional support from private donors in Macedonia and the Macedonian diaspora as well as in-kind donations from partner companies and supporters.