One cannot deny that starting a business is indeed a journey, and the MIT Arab Business Plan Competition is definitely a milestone for every entrepreneur taking part in this journey. Nonetheless, though it is clearly delineated annually with a beginning and an end, a launching and a closing event, it is by no means the beginning of a business or its end. Businesses may have begun prior to the Competition and should most definitely continue after it. This newsletter sheds the light on 5 businesses that took part in the 2007-2008 and 2008-2009 Competitions and have had successful journeys since then. Read the rest of this entry »
The Fremont Fair returns to celebrate community with a toast to summer!
Held annually in mid-June to coincide with the Summer Solstice, the event draws more than 100,000 people to shop, eat, drink, mingle, groove, and enjoy all manners of creative expression. Artistic highlights include the free-spirited Solstice Parade produced by the Fremont Arts Council.
The Little Engineer from Lebanon is this year’s big winner and BioBusiness from Egypt is the first runner-up, while Arabic Coach from Yemen and EG-Bioinformatics from Egypt are named as second runner-ups at annual celebration of Arab entrepreneurship in partnership with Abdul Latif Jameel (ALJ) Company
The Little Engineer from Lebanon was recognized as one of the Middle East and North Africa’s most promising entrepreneurs and awarded with $50,000 as start-up capital at the Massachusetts Institute of Technology (MIT) Arab Business Plan Competition, hosted annually by the MIT Enterprise Forum of the Arab Region, in partnership with Abdul Latif Jameel (ALJ) Company.
BioBusiness from Egypt was named first runner-up, with a $15,000 prize to help realize their business aspirations, presented at a glittering gala event in Cairo, Egypt. Arabic Coach from Yemen and EG-Bioinformatics from Egypt received $5000 each in start-up funding, with all teams receiving mentorship from international business consultants and some of the Middle East’s most prominent decision-makers throughout the competition process. Read the rest of this entry »
Carlos Ghosn, PDG de l’Alliance Renault-Nissan, a tenu une conférence sur le thème ‘Management en temps de crise’ au campus des sciences humaines de l’Université Saint-Joseph (USJ) de Beyrouth
La conférence a été organisée par l’USJ et l’École supérieure des affaires (ESA), en partenariat avec l’ambassade de France
Carlos Ghosn : Il faut savoir tirer profit des opportunités en temps de crise
le PDG de l’alliance Renault-Nissan a présenté les éléments nécessaires pour contourner les défis ; une sorte de « minimode d’emploi » à l’intention des chefs d’entreprise, des entrepreneurs et des élèves qui voudraient poursuivre une carrière de gestion.
« Quand tout s’écroule, faire preuve de sang-froid et établir un diagnostic objectif », a suggéré Carlos Ghosn en expliquant que dans le cas de Nissan, cette étape a nécessité 3 mois. Suite à cette étape « d’auscultation », la construction d’une vision s’impose ; une vision qui, selon le PDG de Nissan-Renault, doit être « soutenue par un relais sûr de manière à gérer la phase de l’après-crise ». Cela nécessite une mobilisation autant des salariés que du « top management », c’est-à-dire des directeurs. Cette étape nécessite la mise en place d’un but précis : « les salariés doivent sentir que leur engagement a un sens », a explique M. Ghosn, qui assure la direction de quelque 350 000 salariés.
Après avoir établi le diagnostic et décidé des objectifs à court terme et à long terme, l’expert du secteur automobile a insisté sur le fait de « choisir des priorités limitées ». Il présente ainsi l’exemple de Nissan qui a établi 3 objectifs :
faire en sorte que la compagnie automobile soit profitable,
obtenir en 3 ans une marge opérationnelle supérieure à 4,5 %, soit la moyenne du secteur automobile,
The Olayan School of Business (OSB) at the American University of Beirut hosted its second seminar as part of the Mikati CSR Speaker Series and the CSR initiative sponsored by the Mikati Group.
During the Internet Ideas Fair that was organised by the Social Media Exchange, Doreen Khoury talked about the 2nd Arab Bloggers Meeting that will be held in Beirut on the 7th of December. Doreen is the Program manager at the Middle East office of the Heinrich Böll Foundation.
The Little Engineer from Lebanon was recognized as one of the Middle East and North Africa’s most promising entrepreneurs and awarded with $50,000 as start-up capital at the Massachusetts Institute of Technology (MIT) Arab Business Plan Competition, hosted annually by the MIT Enterprise Forum of the Arab Region, in partnership with Abdul Latif Jameel (ALJ) Company.
