photo via dfait-maeci
Last weekend, Toronto welcomed the world as it played host for the G-20 Summit. Over the course of 2 days, 20 of the largest economic nations, including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, South Korea, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, and the European Union, discussed the direction of the global economy. Running parallel to this international meeting was MY SUMMIT 2010, organized by Canada and Global Vision, which brought together youth delegates from each of the 20 countries to learn about and gain perspective on the G20 meetings. The outcome? A weekend of newly discovered commonalities, passionate world discussions, and lasting meaningful friendships.
One of the re-occurring themes continually touched upon in the Entrepreneurship Conference was the challenge of advancing both social development and economic priorities…
1. How feasible is it for a developing business to establish a social impact while maintaining a strong bottom line?
2. Being socially aware and launching social initiatives are considered priorities in today’s international business stage, but when you’re just starting, and have limited resources, is this a reasonable expectation?
photo via dfait-maeci
As the 100+ youth conversed, it was discussed that as we enter a truly global world it should be a duty to be socially responsible. However, this may take on many forms and is not limited to just being green or supporting charities. The businesses of today that take us into tomorrow should be practicing business strategies that continuously have positive impacts from recycling to safe working conditions to not being wasteful because, at the end of the day, only businesses that are in business can exist to promote social responsibility. (If you need sustainability project ideas, take a look at some our previous posts that may shed some light on this topic).
The world economy was at the core of many discussions and speeches presented at MY SUMMIT 2010. At the official opening dinner, the ideas of innovation and industry were on center stage. With the Internet and increased accessibility to world travel, industry and innovation no longer lies within domestic borders but are now more than likely to involve global markets. At the same time, this implies that the industries in the world are gradually becoming more cohesive and, when faced with issues, they will be collective and must be resolved with collective actions. Therefore, conferences such as the MY SUMMIT 2010 are highly beneficial in that it gives youth, the people who essentially control tomorrow, the opportunity to learn about the world and build relationships that may ignite a global idea.
After 2 days of conferences and speaking to over 100+ youth from all over the world, it is clear that we are entering a global world that requires its people to be worldly in return in order to truly succeed. MY SUMMIT 2010 was an opportunity to learn about the world and to experience that, regardless of what passport you hold, we all face similar challenges, want the same solutions, have the same aspirations, and, most importantly, share the same right to the future.