Transcript HOW TO FIND A BUSINESS PARTNER IN EUROPE

Opportunities to Work in
Scotland
What’s happening in Scotland?
Iain Duff, Chief Economist, SCDI
SCDI
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Independent economic development
organisation
Broad membership including
universities
Prepares policy papers, briefings,
submissions, holds events/conferences
and provides information
Initial Points 1
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High level of education, skills and
training crucial to improved
performance
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Need a high quality workforce
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Top priority for SCDI members
Initial Points 2
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Ability to adapt to fast changing
circumstances
Flexibility of occupation
Analytical and creative skills
required
Summary Structure of the
Scottish Economy
Proportion of GDP
Services
74%
Manufacturing
14%
Construction
7%
Primary
1.6%
Key Areas of Main Sectors
Proportion of GVA
Services:
Hotels & Catering
Business Services
Finance Services
Public Admin, Educ. & Health
15.3%
19.3%
8.3%
23%
Manufacturing:
Engineering
4.2%
of which Electronics
Food & Drink
2.1%
3.2%
Economic Data
GDP Growth Q2 2008
Scotland
+0.1%
Construction
-0.4%
Services
+0.1%
Financial services
Manufacturing
Engineering
-1%
+0.7%
+1.9%
Economic Forecasts
Source: Fraser of Allander Institute Economic Commentary Vol 32 No.2
Scottish GDP Growth
2008
+0.7%
2009
-1.1%
2010
+0.7%
2011
2012
+1.2%
+1.5%
Other Data
CPI Inflation
4.5%
Interest rates
3%
Employment (‘000s)
2,551
Unemployment (‘000s)
126
Claimant Count
3.1%
Job Forecasts
Source: Fraser of Allander Institute Economic Commentary Vol 32 No.2
2008
-4,230
2009
-37,244
2010
-11,638
2011
+14,222
2012
+23,605
What Employers Want 1
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Still need to recruit
Employees that can problem
solve, ability to learn
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Maturity
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Readiness for work
What Employers Want 2
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Complementary skills to degree
discipline – “Soft Skills”
Communication
Team Work
Literacy and Numeracy
Commercial Acumen/Entrepreneurial
Attitude
Appreciation of risk management
Sales and marketing
Conclusion
Good luck!