JADE Generations Club 2017 report

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JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

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JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

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__ Generations Club 2017 \ JADE – European Confederation of Junior Enterprises

11th Edition

On the 7th of December 2017, Generations’ Club underwent in its 11th Edition and brought together a variety of stakeholders from the public and private sector as well as student NGOs to discuss the topic of Sustainable Innovation. During the event, guests and participants had the chance to share opinions and perspectives in the two sessions respectively presented from Myrna Hausséguy (Entrepreneurs’ Organisation) and André Meyer (DG GROW).

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JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

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What would be the right environment to be present in companies and institutions for entrepreneurially-minded recruits to additionally pursue innovative ideas/projects with sustainable goals? The aims of the discussions should be focused on these, but are not limited to: ▪ Identifying the key characteristics of successful innovative workplaces. (i.e. organisational structure, leadership style, values, mission, aims, etc.); ▪ Identifying what are the most effective sustainable projects to pursue; ▪ Identifying the most frequent traits in the attitudes of young people focused on sustainable innovation.

__ Main findings This session provided the participants some

An open mindset and a strong culture

time to reflect on the different variables

have been discussed to be the driving

that make up a successful innovative

forces of change at all levels, especially in

workplace. Overall, there is a general

the organisational structure. Often, a

agreement that in innovative workplaces

strong-open culture greatly influences the

there are four main elements:

leadership style of the management team of a given business or institution, and as it

(1) Organisational mindset/culture (2) Organisational structure

was pointed out, these elements reflect in

(3) Partnerships

leaders

that,

instead

(4) People

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of

leading

by


JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

instructions, they lead by empowering their

positive effect on the outcome. Vertical

employees and constantly remind them

integration can be taken as an example

about the aim and purpose of the business.

where small companies can greatly benefit

Additionally, it was highlighted that leaders

from the help of bigger companies.

working in open structures are generally

Partnerships also play an important role

more flexible learning new information,

when taking into consideration business

especially regarding trends and habits. The open structure and management style also

challenges

and

hackathons,

as

it

is

fundamental that companies partner and

shape the flow of communication within an

are in close contact with education-

organisation;

related institutions (eg: high-schools,

it

was

argued

that

in

innovative workplaces, often ideas flow

universities,

student

bottom-up approach rather than top-

youngsters

down. Ideas usually come from two main

opportunities and bring fresh solutions to

channels, internally from its workforce or

today’s challenges.

to

NGOs)

to

allow

have access

to

these

from people external to the business via hackathons/challenges. Concrete example to promote sustainable innovation are

hackathons/business SDGs,

creating

challenges spin-offs

on with

green/sustainable missions, outside or inside the company, and projects to help the community, such as “MolenGeek”, a project initiated from Samsung Electronics which helps young people in a difficult district of Brussels to acquire digital skills. ------------------------------

In terms of partnerships, it was discussed that to successfully innovate it is pivotal to look at the value chain of a given market to observe when and where processes can have small improvement that have a

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JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

The last element which was found to be

taking steps forward by teaching courses

pivotal in an innovative company was

solely on innovation, and in some Nordic

People. Although, it is fundamental to have

countries, courses

an open culture and structure to foster

sustainable development. It was also

innovation, without the idea in the first

mentioned, that awareness for sustainable

place,

exist.

development should be taught not only at

Therefore, people are at the base of any

higher education level (e.g. undergraduate/

innovation. Nowadays, young people are

postgraduate) but also at a younger age in

becoming more aware of sustainability, but

secondary schools to make youngsters

on

sensitive to these topics from an early age.

the

innovation

other

would

hand,

not

without

proper

guidance, it is hard for young people to translate ideas into actions.

focused only on

From a company’s perspective, attracting the best candidates is a must, and when focusing on sustainable innovation, the main “attractors” to recruit candidates with

innovative and sustainable mindset were argued to be the company’s mission, values and structure matching the values of the candidate. This could also be supported from

the element

that

the younger

generation, has this constant need of “generating

impact”

and

therefore

successful companies should be able to offer solutions to real-life problems, so that its employees feel part of a solution rather than part of an “well-oiled engine”. During

the

roundtable

discussions,

Additionally, it was said that money offers

education has been argued to be the key

temporary motivation, but fulfilment at

element in influencing young people to

work was much more powerful for the long-

innovate and some good initiatives are

term.

coming from Universities all over the world

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___________________________ Overall, the discussion highlighted how the organisational structure, mission and culture are key to foster innovation. The core values and missions were argued to be the most important element to attract new candidates with innovative mindsets as well as the leadership styles of the management team. To sustainably innovate, companies in general, have to posses an openmindset, to establish meaningful relationships and/or partnerships with education entities, to collect ideas from both internal and external sources as well as investing money in projects to help the local community. Public institutions were not often mentioned and were said not to be very applicable to the theme question because of their rigid organisational structure which often add barriers and layers to the hierarchy, ultimately making a bottom-up flow of information more unlikely.

___________________________

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Are there enough incentives for the youth to create sustainable entrepreneurial ventures and therefore creating a bridge between entrepreneurial competencies and sustainable innovation? The aims of the discussions should be focused on these, but are not limited to: ▪ Identify means of motivation to push young people to create sustainable entrepreneurial ventures; ▪ Create a list of incentives available to the public to support entrepreneurial ventures with sustainable goals; ▪ Identify the role of institutions, companies and NGOs, to push young people to pursue sustainable entrepreneurial ventures; ▪ Collect relevant examples of successful examples of venture creation and identifying the main reason of success.

__ Main findings In all roundtables, participants broke down

Mentorship and training were considered

the different incentives available to foster

the fundamental motivators for business

and motivate an entrepreneurial youth. When classifying the different types of

ideas

with

sustainable

goals

to

be

successful. Often, individuals may have

incentives, the main incentives were:

great ideas, but on the other hand, may

(1) Training (2) Mentorship

have strong difficulties when it comes down

(3) Money

to be pragmatic and transform it into

(4) Structures

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something

Mentorship and

tangible.

(e.g.

smoothening

trade

barriers).

training, which were said to be the most

Legislation was underlined to be also a

important

the

mean to incentivise sustainable innovation,

implementation of ideas, are offered from

in the case of a greener agenda pushing for

two

resources

main

to

Individuals

sources:

organisation.

enable

Individuals

are

or often

electric vehicles leading to a greener economy less dependent on oil.

business

In conclusion, what appears to be even

guidance

more influential than money when talking

throughout the whole projects and not only

about the “driving force” of sustainable

at the beginning. The latter was considered

innovation is successful mentorship and

fundamental for successful businesses to

training received throughout the cycles of a

survive and thrive in a very competitive

business. When talking about “initiatives”,

business environment. An example of a

people often refer to capital as the main

successful mentorship program is an inter-

player; contrarily, these discussions showed

generational program in France, which

how matching the skills of two or more

connects older experienced professionals

people to implement an idea, is nowadays

with innovative ideas coming from young

more important than capital. Other means

people, creating a synergy between the two

for innovation were identified to be

parties ultimately benefitting the outcomes.

regulation

Examples of organisation that can provide

profound changes in the functioning of our

mentorship and training, were said to be

society. Lastly, it was mentioned that

incubators and accelerators which can

younger generations are motivated to

greatly help start-ups to build solid

create sustainable entrepreneurial ventures

foundation and scale-up more rapidly.

in the possibility to generate a positive

coaches,

professors

professionals,

that

or provide

Money was highlighted as the least

influential motivator when talking about sustainable innovation. Additionally, it was argued that financial grants coming from public institutions are not necessarily lacking in terms of capital, but they are lacking in terms of scope and practical help

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and

legislation

driving

impact rather than financial gains. This further strengthens the idea that money is

a fundamental enabler but not an effective motivator, thus highlighting that sustainable supported

innovation qualitatively

quantitively.

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should rather

be than

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JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

Final remarks ___________________________ We want to thank all the participants who took part in the event and contributed with their opinions and views in the roundtable discussions. This report will be shared with all our private and public stakeholders to raise awareness and to motivate young people to develop sustainable core values and provide a better future for those coming after us. We encourage you to do that Special thanks to Steven Price, CEO of the European Institute of Industrial Leadership for developing the framework of this event, and to Fabian Zuleeg, CEO of the European Policy Centre, chairman of Generations Club 2017.

___________________________

Participants Simone Baldassarri (DG GROW), Crtomir Flesinger (EPSA), Lara Egli (EIIL), Fabian Zuleeg (EPC), Adil El Madani (Belgian Ministry of Economic Affairs), Guggi Laryea (World Bank Group), Myrna Hausséguy (Entrepreneurs’ Organisation), André Meyer (SME Envoy Network), Aron Wils (Samsung Electronics), Valerija Vidovic (EFPSA), Daniel Cloquet (BusinessEurope), Tamunomiebaka Dibi (EIT), Karolina Sobczak (ABIS), Gaia Cravesana (ThinkYoung), Greta Bertolucci (ThinkYoung), Clara Dikita (CNJE), Emma Brandstedt (JA Europe), Jamie Nuttall (EBS), Gorka Guerrero Ruiz (ESN), Jean-Philippe Dubois (JADE Belgium),

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JADE-European Confederation of Junior Enterprises | Address: Rue Potagère 119, Brussels, 1210, Belgium | E-mail: mail @jadenet.org | Tel: +32 2 420 17 52

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The Generations Club is the main Public Affairs event organized by JADE in Brussels It is composed by 2 main elements: ▪ The “Senior” generation, represented from figures of both the public and private sector; ▪ The "Junior” generation, represented from student NGOs and members of our network.

It was first introduced in 2007 and has three main aims: ▪ Bringing together the “Senior” and the “Junior” generation; ▪ Discussing up-to-date European issues; ▪ Building bridges to foster a more collaborative entrepreneurial society.

Generations Club creates the right environment to promote the dialogue between different “generations” through small focus groups with the final aim of producing a high-quality reports and recommendations for policymakers with the inputs collected during the event.

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__ The European Confederation of Junior Enterprises JADE – European Confederation of Junior Enterprises is a non-profit, umbrella organisation, that represents more than 26’000 students of higher education currently working in 300 student led-organisations from 14 countries in Europe. These organisations, also known as Junior Enterprises, are the environment where students can develop their entrepreneurial skills and culture while being at university by providing more than 4000 consultancy projects to SMEs every year.

__ The Junior Enterprise concept The first Junior Enterprise was founded in France in 1967 and in 50 years, has managed to be replicated more than 950 times and counts more 40’000 currently involved worldwide. The benefits that Junior Enterprises have brought both to students as well as to the global economy have been the key element in its profound success and impact. Its aim? To bridge the gap between the academia and the business environment, promoting the development of each student in an integrated movement while supporting the development of the SMEs through consultancy services.

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