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CommercialCourier Issue 102 | November 2022
Have you seized the opportunity in 2022?
What members had to say…
The Young Chamber Network over 2022 set a series of events with a specific collective goal. Providing the younger members of The Malta Chamber access to knowledge, experts, and tools to understand and establish connections in this rapidly changing post covid world, which could be leveraged to seize the new opportunities and gaps immerging as a result of this market.
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n April, Dr Mangion explained the importance of having creative minds not just within your marketing or product design teams, but within all departments. Participants were given tasks and scenarios, which illustrated how differently the brain works when one practices creative thinking and how simple and quick it is to do creative tasks. Dr Mangion illustrated how creativity is about fluidity in the thought process. The ability to switch between perspectives, while extracting as much as possible from the information available to you to come up with solutions that add value. In June, 12 local and international business experts offered their time in a one to one business dating event for young entrepreneurs to gain knowledge and experience from individuals who have walked the walk. The list of mentors included: George Mantas (Aquabiotech Ltd.), Chris Busuttil Delbridge (Evolve Ltd.), Olaf Zahra (Toly Products Ltd.), Michael Siefert (Siefert Systems Ltd.), Dean Micallef (Firstbridge Services Ltd.), Nadia Pace (The Pace Company), Dr Jonna Delia (People & Skin), Dr Maria Bugeja (St. James Hospital), Mark Bajada (Bajada New Energy Ltd.), Noel Ellul (HWS-Technologies Ltd.), Gege Gatt (EBO.ai) Maurizio Mamo (4Sight Technologies Ltd.).The event, which was
attended by more than 40 mentees, provided the perfect atmosphere for young entrepreneurs to gain direction and guidance on several topics, including internationalisation, product development and wellbeing. With Digitalisation being one of the five pillars of The Malta Chamber, the YCN Committee decided to focus September event on this particular subject. Once you have gained different perspectives, understood the possible hurdles and the areas on which to focus, having an efficient system to support you is key. Three local experts provided tangible examples on how one can enhance their businesses through digitalisation efforts. Stephanie Farrugia, Business Intelligence Consultant, highlighted the importance of collecting, connecting and using data. James Camilleri, from Fyorin spoke about automated banking and the importance of using automated systems to handle your day-to-day banking. The third area presented by Jack Mizzi from BMIT, focused on data security, showing how crucial and costly it can be not to have such safety setup, but at the same time how accessible this has become to businesses of all sizes. Over the past 12 months, YCN events have focused on various aspects of leading a business, growing a business in the current market, making a business efficient. However, as of October a series of events has been launched focusing on the individuals’ leading businesses. This series of events will be done in partnership with RSM Malta, a world leading consultant in business growth and development. The first event will focus on the importance of communication across generations. We have all faced issues as business leaders, whether within the company or outside, where the message we are looking to get across seems to be crystal clear, and undeniable the best way forward, with an overwhelming amount of data that shows it to be so. However, business partners, colleagues and other stake holders seem to miss the point. Where we end up asking ourselves why can they not see it? This event seeks to investigate the aspects of communication, helping us to understand
TYRON LLOYD BARON - INBOUNDMUSE LTD. This YCN event has been extremely valuable; InboundMuse which has been around for seven years is just starting to get into internationalisation of its products and the number of very fruitful collaborations that this event allowed to foster couldn’t’ have been done in a more meaningful way.
STEFAN DEBONO – STEP ENTERPRISES LTD. My experience today was a very positive one; I spoke to my mentor about internationalisation and his 15 minutes of advice were super practical. I found at least four areas that I can work on to help structure our business and grow it further and, thanks to his connections and all the feedback that he gave me, I can really work on improving our business and improving our structure to take it to the next level.
our current short comings and how we can become more effective across all age groups, mentalities, and agendas. The Young Chamber Network will also be participating in SME week, focusing on Reskilling in the era of A.I. The event will take place at The Malta Chamber premises on the 17th November starting from 09:00 onwards. The focus will be on how to invest smartly in employees in the era of A.I. We would like to thank S. Rausi Trading Ltd. for their constant support and all the speakers and mentors who have given their valuable time to help in fostering the next generation of leaders. n
