A Quote by Sergio Ermotti
Businesses are among the first to see changes in the labor market, but few countries have the necessary close relationship between business and educators to ensure this information reaches the education system.
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I strongly believe in the apprenticeship model because we see in a lot of countries the local education system is not providing talent that businesses need. So it is important that there is an alignment between what the companies need and the education system, so the education system can build the right programmes.
Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.
Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.
Our biggest challenge in this digital age that we are entering is how do we effectively begin to train people for the jobs that are going to exist and not have them be stuck on jobs that are going to go away? And this is a big deal. And it requires the businesses of this country to, in my opinion, first of all, demand changes in the education system and also develop innovative, creative ways to have industries train people for the skills that are necessary for the jobs that are coming.
I'm convinced that a trade deal between the U.S. and the U.K. is in the national interest of both countries and will cement the crucial relationship that exists between us, particularly as the U.K. leaves the European Union and reaches out to the world.
The primary difference that I have found between the system of education in India and other countries, particularly the U.S., is that they focus on problem solving and relating theories to reality around them. These two things are lacking in the education system in India.
Until the nineteen-seventies, Western countries paid little attention to corruption overseas, and bribery was seen as an unpleasant but necessary part of doing business there. In some European countries, businesses were even allowed to deduct bribes as an expense.
When we look at the wider picture, the relationship between the U.K. and America, I know how valuable the friendship is between our two nations. As home secretary, I can tell the House that the importance of the relationship between our countries, the unparalleled sharing of intelligence between our countries, is vital.
The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.
Countries that censor news and information must recognize that from an economic standpoint, there is no distinction between censoring political speech and commercial speech. If businesses in your nations are denied access to either type of information, it will inevitably impact on growth.
Only Labour will provide the radical changes needed to create a free, fair and funded education system, which protects education as a right for the many, not a privilege for the few.
Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
Business often does a good job supporting communities: the arts, universities, and scientific enterprises... But that philosophy has rarely reached poor countries. Even businesses that are enlightened in their home bases see Africa, Latin America, and parts of Asia as places to exploit natural resources or use cheap labor.
Every physical system registers information, and just by evolving in time, by doing its thing, it changes that information, transforms that information, or, if you like, processes that information.
The great virtue of free enterprise is that it forces existing businesses to meet the test of the market continuously, to produce products that meet consumer demands at lowest cost, or else be driven from the market. It is a profit-and-loss system. Naturally, existing businesses generally prefer to keep out competitors in other ways. That is why the business community, despite its rhetoric, has so often been a major enemy of truly free enterprise.
It's more necessary than ever before to ensure that discernment and the development of a critical mind guide our take on the world and inform our relationship to the media and information.
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