Transcript We have Talent - what we need is an

Increasingly International Economy
&
Internationalised Graduates
Presentation Date: May 2013
Global Outlook
The Export Challenge - Diversification
Exporting base is to concentrated:
• too few companies exporting:
 100 companies account for over 60% of exports
• focussed in too few sectors
 4 sectors account for over 60% of exports
• exporting mainly to, too few markets
 6 countries account for 60% of exports
Scottish Exports and Global Growth
Country Growth vs Scottish Exports
(bubble - relative size of overall economy)
10.0%
China
8.0%
India
Africa*
GDP Growth
6.0%
4.0%
Russia
Middle East (GCC)
USA
Brazil
Germany
2.0%
France
Japan
Netherlands
0.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
-2.0%
% share of Scottish Exports
12.0%
14.0%
16.0%
18.0%
What Scotland does best – our Growth Sectors
Universities
Life Sciences
Energy
Financial Services
Tourism
Creative Industries
Food and Drink
Other Growth Sectors
• Aerospace, Defence,
Marine
• Chemicals
• Construction
• Forest Industries
• Textiles
Life Sciences
We have Talent - what we need is an International Mindset
Attributes of an International Mindset:
• view yourself as a global citizen
• see the world as open to opportunity
• embrace different cultures
• willing to continually learn!
And useful skills:
• language skills
• International e-commerce skills
• International sales & marketing skills
Scottish companies can compete globally and win….
And we can attract the best to set up in Scotland….