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Friday, November 28, 2014


·          Starting a new business is not the answer        for most of the world’s poor

The UK has been named the top performer in Europe when it comes to entrepreneurs and fourth in the world, behind the US, Canada and Australia. Indeed, the top ten best performers are dominated by high-income countries. But what about poorer countries? With the world, at only 52% of its “entrepreneurial capacity”, does starting a business offer a viable route out of poverty for the 73.4m young people worldwide who find themselves out of work today?
Entrepreneurship is often given as a simple solution to alleviating poverty, but research shows that it doesn't offer answers to mass youth unemployment and we must exercise caution in promoting it as a way to do so.
The youth unemployment challenge is undoubtedly one of the globe’s most pressing priorities. Unemployment is persistent and increasing and poor quality, informal and subsistence jobs are proliferating. Future forecasts for youth unemployment across all regions look bleak.
Young people constitute nearly one-third of the world’s population and their prospects are crucial to their country’s ability to meet their development goals.
False confidence
At first glance, entrepreneurship is an obvious solution to promote employment in tight labour markets. High levels of poverty mean that finding an income is among young people’s top priorities. It is also attractive to governments or NGOs as a quick-fix solution that lends itself to tangible and measurable interventions, whether this be the number of youth trained, loans given or small businesses started.
For many years the microfinance industry cultivated a false confidence and policy rhetoric that “one loan equals one thriving business”. And there is a similar danger in current emphases on youth entrepreneurship. The link between numbers of entrepreneurs and successful businesses is not so clear in reality.
There needs to be more focus on training up young people in the skills and qualifications needed for their specific local labour markets. There also needs to be an awareness of oversaturated markets and limited client bases.
We cannot fix the youth unemployment problem by turning the 73.4m young people who were out of work in 2013 into entrepreneurs. Long-term solutions will depend upon creating and expanding decent jobs for young people. But as the big push to entrepreneurship has gained popularity, this has shaped government priorities. My concern is that this removes responsibility from governments and private sectors in their roles for creating and expanding access to decent jobs for young people.
Beyond a narrow focus
My concern is also in some of the organizations driving the agenda. Partnering with the Guardian in their “Tackling Youth Employment Hub”, for example, is Barclay’s Bank. Unsurprising, therefore, that among the key messages from many of their inspirational stories is that beginning to teach entrepreneurship in schools will help young people transform their own futures, and that by giving out loans for small enterprise we can accelerate this process. Have we not learnt from the pitfalls of microfinance?
A narrow focus like this overlooks many social and economic problems young people are facing. My research in Uganda and Tanzania highlights that these are rooted in systemic issues such as household poverty, high levels of physical, emotional and sexual violence, negative stereotypes of young people as lazy or criminal and a lack of inspirational role models. There is also the fact that young people have been and continue to be overlooked by national policies, donors, NGOs and the development community in general. The idea of entrepreneurship as a solution to these problems often involves an over-simplification of these problems by the very people who have been slow to respond to the challenge.
The most inspirational programmes for young people’s development I have seen go beyond a focus on employment. Yes, they seek to help young people into income-generating activities, but success in employment is seen as secondary to the creation of a safer, more supportive environment.
Programmes such as development organization BRAC’s Empowerment and Livelihoods for Adolescent’s Programme, for example, have improved economic as well as sexual and reproductive health knowledge and outcomes for club members. This is only possible because it does not just focus narrowly on youth unemployment, but is designed to meet the other social and economic vulnerabilities young women face in Uganda. Other inspirational programmes such as Ashoka or Educate! focus on social entrepreneurship, helping young people to put people before profits through harnessing the non-financial resources that they have.
So while I share global concerns about the need to tackle youth unemployment, there is a need to shift away from the way that this is narrowly addressed at present. There needs to be more focus on youth engagement and inclusion. This means employment is but one outcome as young people create a critical mass and place themselves at the core of transforming their societies, supported by more supportive social, political and economic environments at home, in their communities, and at the national and international levels. In this, I join the State of the World’s Population’s call to harness the power of 1.8 billion young people in transforming not only their own lives but also our global future.



 NOW HERE ARE SOME TIPS YOU NEED FOR THAT JOB INTERVIEW.                                                                                

7 mistakes you should avoid in job interviews

CCOOOOoo You have finally landed a job interview with one of the top companies on your target list. Congratulations! So exciting right, now don’t screw it up.
Don’t ever fool yourself into thinking that interview mistakes are just for the inexperienced, early-in-career job candidates
We know that first impressions count, so how about making your first impressions to stand out on your next job interview?
1) Giving long-winded, rambling answers
This is one area you need to b warned about over and over again. Listen carefully to the question, focus on about 3 key points in your answer and then stop talking. Avoid getting nervous just because there is silence or little response from the interviewer(s).
2) Criticizing your current or former employer
Regardless of how negative or disappointing your career experience is or has been with an employer, be diligent about giving the interviewer highlights of your work, career achievements and contributions.
3) Providing generic responses without real substance
Saying to an interviewer, “I am a great leader who gets the job done” or “I am known for being a good team player” is like saying nothing at all. Practice giving answers that give specific examples or point to supporting evidence about your strengths and areas of expertise.
4) Knowing very little about a prospective employer
With all the access to information we have today, you have no excuse for being unprepared in an interview. Check out the company’s website and annual reports, search the web and use Google alerts to learn about any recent company changes. Leverage your LinkedIn contacts to learn any insider tips that may prove valuable in the interview.
5) Failing to ask quality questions during the interview
Too many job seekers focus on impressing the interviewer, but overlook the fact that the prospective employer should impress you as well. Think carefully about you need to know in making a final decision if an offer is extended to you.
They are interviewing you and you are interviewing them. Here are a few easy questions to start with and feel free to come up with a few of your own:
— Who will I be reporting to directly?
— Are there growth opportunities through this position?
— How many people have held this position in the past year?
— What business challenges are currently facing the company/division?
But please ask these questions politely.
6) Giving overused, scripted responses to interview questions
 It is often amusing when conducting interviews and you get “canned”, predictable interview answers. Nothing is wrong with following interviewing guidelines, but remember to bring YOU to the interview.
Respond to questions in your own voice, let your personality shine through, smile and be yourself.
7) Being unenthusiastic and lethargic
Whether you have been interviewing for several months or this is the first fruit of your job search efforts, check your disappointment, disillusion and fear at the door and bring you best foot forward.
More likely than not, you will go on a series of interviews and go through a lot of “no’s” before you get a job offer. However, be energetic, excited, enthusiastic and optimistic as much as you can each and every time.

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