This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/09/02/todays-tech-savvy-millennials-still-need-a-helping-hand-to-achieve-their-entrepreneurial-dreams/
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by Dr. Karen Reddington, President of FedEx Express, South Pacific
Global trade has come a long way since Marco Polo’s voyage connecting the East to the West. The exchange and transportation of goods can now be completed in hours by air rather than months by sea.
Despite our world being more connected than ever, the future of international trade is becoming obscured by current geopolitical friction. It is imperative that the next generation of entrepreneurs understands the value of global trade, especially in creating more possibilities for their businesses and the local communities they support.
Today’s modern businesses are following Industry 4.0 principles incorporating technologies that are innate to the millennial generation. Social media, AI, big data, and IoT are rapidly enhancing and extending physical supply chains. Our increasingly connected world is opening up new realms of possibilities where both the components of manufacturing and final end customers may be found across international borders, not just in domestic market places.
Businesses and technology are already starting to interact in ways that break conventional boundaries – well-known brands like Grab and AirBnB prove this. Asian students are already prolific digital natives, tech-literate and tool-adaptive. But digital savvy alone is not sufficient to ensure commercial success. To help this generation build their lives and achieve the same or greater successes that their parents and grandparents saw, a clear pathway needs to be put in place. Students need guidance towards gaining business and financial literacy so that they become not just work ready, but ready to capture and harness entrepreneurial opportunity.
Entrepreneurship, however, is not a standard feature in the… Read More
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