Tony Bury Presentation: Family Forum International 2011

The Heroes Journey Tony BuryFounder, The Mowgli Foundation Family Forum International Conference: 15 November 2011

Agenda• What is the greatest challenge facing the Middle East?• Why do we need entrepreneurs?• Role for Family Businesses• Heroes Journey Mowgli = Mentoring

Youth Unemployment in MENA % Youth UnemploymentWorld Average North Africa Middle East 0 5 10 15 20 25 30

Youth Unemployment in MENA• 25% of young people on average are unemployed in MENA countries.• Youth unemployment in MENA is four times the adult rate.• 50% of the population in the MENA region are under 16 years old.• ILO: Arab countries alone need to create about 85-100 million new jobs by 2020. (50m graduate jobs)

Current MENA Employment Picture – Public and Private Sector % Share of Public Sector in Employment/Human capital MENA Latin America OECD AsiaSub-Saharan Africa 0 5 10 15 20 25 30 35

Current MENA Employment Picture – Public and Private SectorPublic sector wages relative to private sector are higher in MENAthan anywhere else

Why do we need entrepreneurs.?

Source of Entrepreneurs - Private Sector Family owned Corporations businesses SMEs/small businesses

Challenge for Family Owned Businesses Wealth Preservation v Wealth Creation + Asset Value/family member is either static or declining. SOLUTION = Entrepreneurs within family owned businesses

Entrepreneurship in Family Businesses Focus on seeking new opportunities Acceptance of risk of failure > constructive Family must act as venture capitalists Entrepreneurial spirit > training and mentoring

Based on the theories of Joseph Campbell

Mowgli Mentoring: Voice of an Voice of a Mentor Entrepreneur• Roula (Syria) • Rob• Saeed • Bashar

Mowgli Mentoring Impact• Supporting 126 mentoring relationships in 5 countries• 32% of Mowgli’s entrepreneurs are under 30;• 32% are women;• 70% of Mowgli entrepreneurs go on to mentor others;• 80% of mentoring relationships continue after one year;• 50% of Mowgli entrepreneurs increased business profits in 2010• 30% recruited more staff Many more entrepreneurs waiting for mentors NOW in Lebanon, Palestine, Syria, Jordan, and Egypt

Entrepreneurial Eco System • Aspiration and hope • Education • Incubation • Financial Capital • Human Capital

Family Owned Businesses“More than 80 per cent of businesses in the Middle Eastare family-run or family-owned, with an estimated $1trillion expected to be handed down to the nextgeneration within the upcoming five to ten years.”

How it works2-4 day Mentor/Entrepreneur Matching Experience: •Mentors increase self awareness, listening, mentoring skills •Experienced facilitator guides participants through relationship guidelines and framework •Mentor/entrepreneur ‘matching’ creates fulfilling, supportive 1:1 relationships for the year aheadOngoing Mentoring support, for one year: •Regular peer reviews and 1:1 reviews with mentor facilitator•Practical leadership guidance, with ongoing monitoring, evaluation and support•Access to online Mowgli Knowledge Centre for original learning/support materials and networking with peers and alumni

Tony Bury Presentation: Family Forum International 2011

by Mowgli Foundation on Dec 07, 2011

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