Growing Through Networks The Role of Global Corporations and Executives in the Economic Development of the Post Communist CEE region IBS
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1 Growing Through Networks The Role of Global Corporations and Executives in the Economic Development of the Post Communist CEE region IBS Budapest May 7, 2018 Eszter #CEEforInnovationHub
2 Eszter Szabó Global Game, CEE Impact Women/Business/Angels
3 Dr. Cséfalvay: Techtonic Shifts
4 Repositioned CEE as a new growth region for GE 2015 CEE region Sales + innovation + manufacturing hub 7,7 mrd USD export for the world Created region stakeholders, global and regional GE leaders Innovation Global Crisis Energy Global challenges regional answers Corporate citizenship Hungary One country one business 180 perception change 2015 MyGE Global Feature CEE Story first time ever years of Lighting
5 CEE as a new growth region for GE 2015 How a Fortune 8th company becomes a partner for win-win in the global competition 21 countries with all but one industrial businesses 6 R&D centers $7,7 billion global exports 21 manufacturing sites (2014) 16,500 industrial, total 24,000 employees 5 regional business headquarters 1,7 billion in sourced goods and services from over 6,200 suppliers (2014) All started with Iván Völgyes GE s advisor in Hungary Win-win for Employees, Countries, Region & GE
6 Impact through Network² - till 2015 Government CEE & EU AmCham HU, PL, RO, CZ, SL 100 (2500) CEE key accounts PL, HU Krynica Economic Forum 200 HBLF 100 Private II. 400 Private I. 80 GE Foundation Opening Doors 600 Women s Network East-Central 1800 Élesdi Art 20 GEFoundation Scholar-Leaders 514 Pink Bridge, brest cancer 100 Interns 20 Networks of the networks 20 Pew Economic Freedom Fellows 160 PR Club 20 Nr.1 Business School 30
7 Eszter Szabo Refocusing & Rebranding After GE Impact in Career: CEE in Global Context with Fortune 50 company and Government Leadership: Digital & Innovation, GR/PA - Global & Local Stakeholders, Women
8 European Business Angels Network (EBAN) Fuels EU Growth* 38K companies 6,7 bn EUR 300K angels *2016 data
9 Why Women/Business/Angels? Engage more women in the innovation decision making together with men Women/Business/Angels Unique Hungarian model, a European best practice* to build a co-educated, broad and connected angel investor network to finance a globally competitive and innovative part of the Hungarian /CEE economy in today s techtonic global shifts ** for beyond 2020 *Candace Johnson, European Business Angels Network, president **Zoltán Cséfalvay, Ambassador of Hungary to the OECD
10 The beginning Early 2017 HunBAN relaunched August 2017 Solution: WOMEN/BUSINESS/ANGELS, an innovative coalition model engaging co-working offices and female business networks business men in HU founded HunBAN board wants a balanced man + women ratio Women in innovation is an emerging global trend No women business & innovation network in CEE No relevant HU/CEE innovation & collaboration promotion think tank available Lack of modern investor/entrepreneurial class/short on role models Few women among angels, innovative company founders Huge talent pool in global companies in HU/CEE (potential investors, knowledge tank and entrepreneur pool) October 2017 Recognized as a European best practice by EBAN s president, Candace Johnson
11 Men Friendly Co-creational Narrative and Approach #CEEforInnovationHub Gender equity is not only a social responsibility, it makes companies more profitable Judy Marks CEO, Siemens USA* Women/Business/Angels provides 2 engine Co-creational narrative and approach * Source:
12 Network: HunBAN & Women/Business/Angels To Grow Through the Latter s Coalition Innovation decision making More women Together with men Investors & invested Openly & collaboratively
13 Next Phase for CEE: More Women & Men in Innovation Oct 6. Budapest 1st Workshop Men 22% + Women 78% Pilot training group starts Training and networking Nov. 28. Budapest 2nd Workshop w/ role models Life strategies: employed/investor Dec.5. Roundtable at BKIK regional stakeholders Januar 2018 Cséfalvay Executive Salon 10 Women Value Added Conferences in CEE WWS Budapest EU Regional Summit Krakkow Women panel Sept 2017 Krynica Economic Forum (Poland) 12 Oct Warsaw 1st #CEEWomeninVC Nov 17. BPW Austria February-March #StudyNorway18 #StudyHungary18
14 ...Digital and @TEDxDanubia 4 executives Turkey celebrating 1956
15 Your Responsibility to Dream Big and Act 2015 GE CEE region Sales + innovation + manufacturing hub 7,7 mrd USD export for the world Created region stakeholders, global and regional GE leaders Innovation Global Crisis Energy Global challenges regional answers Corporate citizenship Women/Business/Angels GE Hungary One country one business 180 perception change IBS April 2018, Eszter Szabó, Follow or
16 Eszter Szabó Global Game, CEE Impact Women/Business/Angels
17 Eszter Szabó Questions?
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