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REGIONAL DIGEST #62 Thursday, 26 November 2009 |
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Register your company
at the EBA Regional Branches for regional advocacy, business development, networking! |
| 28 November 2009 Seminar: Stock Market, Investments, Internet Trading |
Agenda available from the EBA office: Dnipropetrovsk@eba.com.ua |
| News |
| After Work Party 16 November 2009  The party was held at Ski Club Gornostay. It became a good tradition among EBA members to gather and enjoy with a pleasant company of successful and active people. Guests had an opportunity to try themselves as a downhill skier, as far as free one-time ticket was a present from the Ski Club. However it wasn’t the only surprise for this evening.Guests have also tasted wine and had an opportunity to taste extremely dainty cuisine. Impressionist and abstract paintings of young Ukrainian painters – Ley and Kateryna Gorban’ aroused the most pleasant emotions and in advance of a winter holidays season ski tour Gornostay (Austria: Bricsental/Vilder Kaiser) was presented. This party became a good opportunity to get positive emotions from communication and active leisure; moreover it was very relevant for the Monday after work evening. International Forum: Modern Innovation Policy: situation, problems and development prospects – with the EBA information support 19 November 2009  The meeting was held on the 19th and 20th of November at Westa Scientific Industrial Corporation. The Forum aimed to accelerate the movement of Ukraine towards the development of high technological innovation economy.Mr Gennadiy Androschuk, Chief Consultant of Committee on Science Issues at Verkhovna Rada, noted that although Ukraine’s intellectual potential is still powerful enough (by UNESCO data, Ukraine takes the 23rd place in the intellectual rating of nations), during the last 15 years there is an increase of involvement of scientific knowledge carriers with Ukrainian origin and their scientific results to the sphere of innovation activity of neighbour countries, and a decrease of a number of innovative active enterprises (14,2 % in 2007). The lowest indicators of innovation activity among EU countries are observed in Portugal (26 %) and Greece (29 %), at that time in Ireland – 74 %, in Denmark – 71 %, Germany – 69 %. Participants approved the following recommendations to Verkhovna Rada: 1) to make amendments to the State Budget 2010 of targeted funding the creation of innovation infrastructure, and realisation of innovative high-tech projects, in particular, reservation of funds to compensate interest on loans that are involved in their implementation, and financial support for such projects selected on a competitive basis; 2) amendment to Law of Ukraine “On special regime of innovation activity of technological parks” and “On Innovation Activity”, proposed by CMU; 3) introduction tax incentives for subjects of innovation activity to the Draft of Tax Code of Ukraine. |
Participants discussed a wide range of issues, namely: state innovation policy, stimulation of innovation activity, development of innovation infrastructure and technology transfer network, innovation policy in industry, etc. |
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| Upcoming |
| 3-4 December 2009 V International Economic Forum “Discover Donbass” - with the EBA information support |
10 December 2009 New Year Party |
Agenda available from the EBA office: Donetsk@eba.com.ua |
| News |
| Master Class: Power Contour: Goal Setting and Decision Making 10 November 2009  The meeting was held at the conference hall of RFC Business School. Mykhaylo Bahan, an independent consultant, presented personal view on processes of goal setting and decision making of managers with the help of their own energy potential.To gain the desired result Mr Bagan recommended top managers to define prospects of development, mission of the company, clear final target, steps for achieving it, current tasks and to start measuring results in each stage of activity. Optimisation of indicators referred above will help to increase the effectiveness of decision making and potential growth of the company. PricewaterhouseCoopers Ukraine (PwC) Business Session 19 November 2009  The meeting was held at the conference hall of RFC Business School. Iryna Blinova, Corporate Training Manager of PricewaterhouseCoopers, told that crises consequences such as instability of share and real estate markets, decreasing of financial flow, slowdown in rates of economic growth allowed stable companies to chose new ways of development and to activate business with the help of creative ideas and working capacities of employees. In modern conditions company should have flexible management and corporate culture, based on effective leadership and innovative decisions.Yulia Paranich, Audit Director of PricewaterhouseCoopers, reminded participants that the concept of common service centre, where companies take general and duplicated auxiliary business processes out of separate departments and concentrate them into integrated centre, can provide centralised service in different functional areas. These areas include accounting and finance, HR, supply and so on. During the business session participants had an opportunity to get an advice and share their experience in internal audit. Round Table Improvement of the System of Corporate Management with the Help of Effective Motivation of Top Managers 24 November 2009  The meeting was held at the conference hall of RFC Business School. Olena Volska, Director of EBS Company, defined long-term programs of TOP managers motivation while building the system of corporate management and practical aspects of their implementation in Ukraine.Participation in capital can be suggested in the capacity of real or phantom stock options. It allows owners of companies to hold necessary employees, cooperate with them on equal partnership and give them the right to partial ownership of the company. Ms Volska thinks that there are essential barriers for implementing motivation programs for TOP managers based on ownership options in Ukraine. Among them are: underdevelopment of the stock market, lack of companies whose shares are traded, low market liquidity and incomplete legislation. To improve the situation company owners should apply international experience. |
Mr Bahan defined two categories of employees in modern companies: those who execute operational functions and those who have an influence on final results of the company’s activity through their strategic decisions. He is sure that the main task of successful manager is to learn how to combine functions of effective executor and strategist at the same time. To improve business processes Ms Blinova recommended to pay attention to the ammount and sources of external information, to maintain the balance between holding talented workers and reducing of costs, to attract new personnel and decrease the risk with combining efforts. Using programs of motivation of TOP managers such as participation in profit (bonus programmes) and participation in capital is widespread in the world practice. |
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| Upcoming |
| 28 November 2009 EBA School: Smooth Business Communications |
1 December 2009 Round Table: The Situation on Labour Market in Kharkiv Oblast |
2 December 2009 EBA Evening School: Smooth Business Communications |
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5 December 2009 EBA School: Smooth Business Communications |
8-9 December 2009 International Forum: Invest in Kharkiv with the EBA information support |
9 December 2009 EBA Evening School: Smooth Business Communications |
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Agenda available from the EBA office: Kharkiv@eba.com.ua |
| News |
| Master Class: Power Contour: Goal Setting and Decision Making 12 November 2009  The meeting was held at the conference hall of ASKA insurance company. Participants of the second master class of the series devoted to leader’s control on energy and power for business development focused on the criteria assured setting ambitious and achievable goals and making correct and proved decisions.Mykhaylo Bahan, an independent consultant, presented the effective tool for goal setting on company development – System of Balanced Indicators – which includes four main perspectives: client perspective (related to products or services offered to customs), internal perspective (related to business processes within the company), employee perspective (related to requirements to personnel), and financial one (related to product/service cost price). “Any business owner or top-manager while setting goals tries to find the best correlation between business uniqueness and its operation effectiveness. The development of business uniqueness is expensive but it brings dividends in future, especially under crisis conditions”, - Mr Bagan noted. PricewaterhouseCoopers Ukraine (PwC) Business Session 24 November 2009  The meeting was held at the conference hall of Business Expert Consulting Company. The business session was dedicated to practical aspects of enhancement of company’s flexibility and stability.Corporate Training Manager of PricewaterhouseCoopers Ukraine (PwC) Iryna Blinova presented the strategies for company’s long-term success formulated on the base of PwC Global CEO Survey, among them are: getting information through cooperation, establishing joint enterprises and alliances, keeping balance between retention of talented employees and cost reduction, involvement of new generation of employees, and risk reduce by common efforts. In conclusion Mrs Blinova presented PwC’s vision of future of the global financial sector, stressing the following tendencies: redistribution of global power towards East, development model of banking in the style of “new classics”, strengthening the role of government in stimulating economic development, the introduction of regulations aimed at ensuring zero risk, strengthening of tax pressure, and transition from survival to sustainable development strategy by collaboration between public and private sectors. |
Participants had an opportunity using a certain business case to learn how to determine mission, indicators, final goals, exact tasks and actions by each perspective and analyze their consistency. Mrs Yulia Paranich, Audit Director of PricewaterhouseCoopers Ukraine (PwC), highlighted the concept of common service centres which help a company to survive under crisis by the following means: use of new business models, simplification of integration resulted from M&A, standardization of processes and systems, reducing costs for routine operations and IT infrastructure, decline of a number of mistakes, raise of quality of information for decision making, increase of business process efficiency, etc. |
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| Upcoming |
| 27 November 2009 PR School |
1 December 2009 Joint Manufacturing Committee and Working Group on Export&Import meeting |
4 December 2009 Annual General Membership Meeting, Board Election |
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4 December 2009 WUBEBA Christmas party |
8 December 2009 HR Committee |
Agenda available from the EBA office: Lviv@eba.com.ua |
| News |
| EBA - After Work Lounge 18 November 2009  On November 18 we threw one outstanding party for our members again. Top managers of EBA member companies had a chance to come and cheer for their favorite team during Ukraine-Greece football game. The unfortunate knock out for Ukrainian team didn’t disappoint our visitors for a long time. For the rest of the evening everyone enjoyed beer and snacks in a cozy atmosphere in The Most Expensive Galician Restaurant, the mason lodge themed venue.EBA will continue a nice tradition of Afterwork lounge parties and hopes that our dear members will be maintaining the way of spending leisure time in EBA community! Management Committee Meeting 24 November 2009  Participants discussed the advantages of networking organizations for companies.Guest speaker, Volodymyr Vorobey, director of PPV Knowledge Networks Company explained what networks organizations are, what the purpose of their activities is, how they are created and how a real business can use it. The guest stressed that the process of creating and transferring knowledge is a basis of network organizations. Also, Volodymyr Vorobey mentioned that network organizations allow proceeding to a new efficient level of economics. The participants of the meeting discussed a situation with clusters creation in Ukraine and decided to arrange a discussion concerning EBA development, as a representative of classical networking organization. |
One more pleasant surprise was waiting for our members during this evening. The top managers got the name discount cards from the restaurant network !FEST, which hosted the event. |
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| Upcoming |
| 27 November 2009 Evening School: Doing Business in English |
1 December 2009 Presentation of Kyiv-Mohyla Business School – with EBA informational support |
4 December 2009 Evening School: Doing Business in English |
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Agenda available from the EBA office: Odesa@eba.com.ua |
| News |
| Round Table: Changes in Labour Legislation - new procedure of obtaining work permits for foreigners 17 November 2009  The meeting was held at a Golden Hall of Odesa Literature Museum. The Round Table was organized by EBA Southern Branch jointly with ICC Odesa Branch. Odesa City Employment Center and more than 25 Ukrainian and International companies (EBA and ICC members) took part in the event.Regional coordinator of EBA Southern Branch Kateryna Morozova greeted the participants. She noticed that the meeting of EBA Southern Branch with Odesa City Employment Center is not the first one and she hopes it to become a good tradition. In her turn, Natalya Moroz, Head of the department of cooperation with the employers of Odesa City Employment Center, informed the participants about the Employment Centre services which are offered for employers: job fairs, information and consulting services, database of vacancies of Odesa City Employment Center, possibility to submit electronic reports, etc. During the Round Table participants discussed the trends of labor market development of Odesa region, staff turn-over, redistribution of vacancies in the labor market; the legal aspects of relations between employer and employee in the event of his dismissal; the employment opportunities with state subsidies. Also participants discussed some changes in labor legislation: payment of unemployment benefits cases and termination of financial aid for unemployment (according to the Law of Ukraine "On Amending Some Laws to Reduce the Impact of Global Financial Crisis on the Scope of Employment" ¹ 799 – VI) and new procedure of obtaining work permits for foreigners (according to the Resolution of the Cabinet of Ministers of Ukraine No. 322). EBA members can get consultations regarding the procedure of obtaining, prolongation and cancellation of work permits for foreigners in Department of labor migration of Odesa Region Employment Center: 65028, Odesa, 10 Lazareva str.; tel. 711 12 43 (Head of the department – Tetyana Bezpalko). Conference: Crewing in Ukraine: prospects and possibilities – with EBA informational support 20 November 2009 Ukrainian crewing companies felt those changes that happened on the world’s market. Problems in banking sector and increase of prices on fuel have considerably complicated the work of maritime transportation system. In general the flow of cargo sea transport decreased and therefore redused the demand on sea staff. Thus a problem of free skilled staff is still vital in Ukraine. It became the main idea of the Conference «Crewing in Ukraine: prospects and possibilities», which took place in Odessa with the EBA informational support. Natalia Illina, the head of employment and demography policy department of the Main Department of Labor and Social Policy of Odesa Regional Administration, marked, that 53 thousands of Ukrainian citizens were employed abroad in 2008 in Odesa Region, it is 7% more than in 2007. The basic problems of labor migration, according to Mrs. Illina, today are reduction of working places and falling prices on labor, unsolved issues concerning labor migrants taxation and migrant worker’s pension. Among topical questions which can be decided at regional level, Mrs. Illina sees the following: licensing of employment brokers (crewing agencies); employment of Ukrainian citizens abroad using official channels; strengthen control of law enforcement authorities for detecting shadow mediators; providing high-quality professional training by bringing foreign investments. During the Conference participants explored the situation on Ukrainian and World crewing markets, shared their experience and ideas, obtained important and interesting information from the representatives of Ukrainian and International crewing agencies and experts. |
Odesa City Employment Center Director Svitlana Lipovska dwelled upon today’s situation on the labor market of Odesa. The amount of registered unemployed people increased 3 times for the last year, about 10 thousand people applied to Odesa City Employment Center. As for qualification of the unemployed, more than 80% of them are white-collar workers (office staff): accountants, managers, engineers, architects, economists. In the work of the Conference the issues about labor migration, development of management competence among sea staff, legal regulation of mediation in seaman employment, claims of crew members and judicial practice in Ukraine and the future of crewing in Ukraine were discussed. |
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| Upcoming |
| 28 November 2009 Forum: Problems and potentials of the human resources’ management at the time of economic crisis - with EBA information support |
Agenda available from the EBA office: Zhytomyr@eba.com.ua |
| News |
| Presentation: Executive search of TOP managers 12 November 2009 The meeting was held at the conference hall of Oblasna Rada. The representatives of EBS Consulting company presented basic steps of TOP managers’ search. The main steps are: - to define demands to the candidates - to define companies where the potential candidates work - to make a list of candidates with the contact information - to contact with the candidate (first phone talk) - interview and knowledge assessment - to adjust work conditions The speakers drew attention to the following: it is necessary to remember that work experience and principles of life of the candidates should coincide with goals of the company. During the first interview with the candidate important things are to introduce yourself and the name of the company, to tell short information about the vacancy and to make an appointment (preferably at your office). The speakers also pointed out the list of issues which should be discussed only with the director but not with the HR manager, they are: salary and work conditions of the candidate. At the end of the presentation participants had an opportunity to share their own experience and ask questions. |
The main mistakes at the first contact which should be avoided are: to insist on the meeting if a candidate refuses to meet; to interview the candidate by the phone. |
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| EBA Corporate Partner |  |
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European Business Association, 1st floor,
1a Andriyivsky Uzviz, Kyiv, 04070, Ukraine Telephone: +380 44 496-06-01, fax: +380 44 496-06-02, email: office@eba.com.ua |