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Cultivating Leaders for a Changing World Pamela Mar Fung Group

ISCN 2015 Dialogue 3: Corporate-University Engagement, Pamela Mar

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Cultivating Leaders for a Changing World Pamela Mar

Fung Group

Globalization of production China Opens Up factory of the world Technology enables supply chain reach

1978-2008 2009-2038

Globalization of Consumption Rise of emerging markets and consumers

Technological Change Importance of Sustainability

Opening up of China

Doubling of global labor force 1990 to 2008 : 1.46 billion workers added

China’s outsized role in global production

Advances in Supply Chain Technology

● Modern transport & trade facilitation

● Mobile capital

● Discrete functions

● Modern logistics with technology

Globalization of consumption

Revolution in the consumer interface

Rise of sustainability considerations

Accelerating growth in emerging markets

What’s next:

RISING MIDDLE CLASS IN EMERGING MARKETS

2+ billion new middle class consumers by 2038

50% of the world’s consumption in emerging markets

TECHNOLOGICAL CHANGE

Technology continues to transform production, but now also revolutionizes retailing and the lives of consumers

Rise of Sustainability Considerations

Growth has come

with costs.

Businesses face

pressure to

account for these.

Asia’s Environmental Dilemmas

POLLUTION WATER WASTE ENERGY POVERTY FOOD SECURITY

FOUR TRENDS SHAPING OUR WORLD

GLOBALIZATION

SHIFT OF GROWTH TO EMERGING MARKETS

TECHNOLOGICAL CHANGE

RISE OF SUSTAINABILITY

WHAT KINDS OF SKILLSETS ARE NEEDED, TODAY

AND IN THE FUTURE?

GLOBAL

MINDSET

INNOVATION INNOVATION MINDSET

AGILITY

CUSTOMER CUSTOMER FOCUS

COLLABOR- COLLABOR-

ATION

DEVELOPING DEVELOPING OTHERS

The Problem: COMPLIANCE IN FACTORIES (part of ) The Solution: BITE-SIZED DIGITAL VIDEOS

2012-2014

• Intro to Manufacturing Excellence

• Fire Safety

• Electrical Safety

• Chemical Safety

• Working Hours

• Underage Labor

2015-2016

• Governance

• Worker-Manager Communication

• Water Conservation

• Energy Efficiency

• Traceability / Conflict Minerals

• Personal Health

URL: http://bit.ly/LFvideos

• 100+ members: brands /

retailers, manufacturers,

govt, civil society, academia

• 30%+ global market share

for apparel and footwear

• Education and data across

entire supply chain

The Problem: ENVIRONMENTAL IMPACT OF PRODUCTION (part of) The Solution: SUSTAINABLE APPAREL COALITION

CONCLUSIONS

• Complexity and Speed

• Sustainability as one among several key change drivers

• Sustainability from a solutions perspective

• Working across disciplines

• Trade-offs

• Do it now