While the emerging economic powers are gaining greater global prominence, a new generation of entrepreneurs are challenging the status quo and reshaping the global business environment. How are BRICS entrepreneurs impacting the competitive landscape, what challenges must they overcome to remain globally competitive, and what social impact are they seeking to have?
The creation of an ombudsman position [for the protection of entrepreneurs' rights] and establishment of the Agency for Strategic Initiatives, which appeared not long ago for the purposes of supporting business, shows the Russian President’s attention to the problems businesses face. Most importantly, it is a sign that the authorities have started paying closer attention to the problems of business.
In Russia, an entrepreneur is a person who is constantly protecting their resources, despite the abundance of natural resources in the country in which they reside.
Many of the most successful entrepreneurs I ever meet around the world from any country, they fail the first time, they pick themselves up, dust themselves off, and they do it again, and again and again. And this is precisely what characterizes entrepreneurs.
Business is still a man’s game, although that situation is changing and the share of working women in the world, and in Russia, is growing considerably.
Open style of management and transparency that what is usually missing in many of BRICS countries. If you want to have the trust of the investors, if you want to have the trust of your employees, your customers, in that openness and transparence are the key.
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