Yesterday, I was able to attend the World Competitiveness Yearbook Results conference for this year at the AIM. I am a keen follower of competition in business, and I was eager to learn about the position of the Philippines in the ASEAN region and among the world.
While our country has been performing well these past few years, I have learned these key points from the conference:
1. We need to strengthen our SME’s as this will drive innovation.
2. We need more master and doctorate graduates in STEM in order to sustain innovation.
3. We need to educate OFW’s and BPO workers (two of the most productive types of contributors to our economy) on how they could sustain their livelihoods outside of their jobs. This could be done by proper financial education, further academic studies, setting up their own businesses, and even being involved with trade organizations in their field.
4. We need to learn how to learn, and in order for the Philippines to effectively sustain its competitiveness, we need to learn fast.
It was an insightful conference, and I am sure that I will be able to apply these lessons as I continue blogging and exploring corporate opportunities. I look forward to attending more conferences and seminars to sharpen the saw and engage with business leaders.
