The International Chamber of Commerce and HSBC have launched the ICC Knowledge Centre to provide a new platform for learning and networking.
We believe more businesses need to emulate this type of knowledge facilitation initiative.
Exporters need better access to resources, and up-to-date trade information, as well as training facilities and conferences, in order to make the most of their potential.
Improving knowledge sharing and promoting success stories can be highly effective ways to inspire and help new businesses to grow. If the economy is to keep moving forward and grow exports and the GDP, business organisations generally need to become more ‘outward focused’ on marketing their industry.
Too many bodies in the country expend excessive energy on inward looking matters. It has become commonplace to see professional bodies split into cliques and political factions, and to see internal elections give rise to costly legal disputes.
It is a gross waste of time and energy for groups established to promote common interests, become mired in such politicking and internal disputes.
The economy needs more trade bodies and professional organisations to be focused on sharing expertise and working for the greater good.
Skills development and training is the most important area where improved collaboration can benefit the country’s businesses.
There should also be more co-operation on developing pro-active export initiatives and opening more trade liaison offices abroad, rather than being reliant on ‘third party’ trade fairs and intermediaries. The Bangladesh brand needs businesses to become more outward focused to sustainably grow our exports.
Source: UNBConnect
