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Maple Tree Inspiration & Blossoming of SME Renaissance   

http://www.i-industrykorea.com
 

The Korean peninsula is currently being embroidered in flaming red as maple tree leaves take on their fall colors. While appreciating the amazing beauty of the autumn foliage, I would like to draw your attention to another lesson represented by the maple tree -- its sacrifice and transformation for winterization that ensures a greener, bigger and more beautiful tree next season.

This great lesson of nature, I think, can be applied to human activities around the world.

The axis of the global economic order is dramatically evolving from Western oriented, mostly under Pax Americana, to Asia focused. It is only a matter of time before China replaces the U.S. as the engine of the world’s economy.

During the G20 Summit, held September 24-25 in Pittsburgh, USA, world leaders agreed to hold G20 meetings on a regular basis in the future, deciding that the G7, led by Western nations, was no longer playing an effective leadership role nor was it fairly representing the interests of all countries.

Instead, the G20, including Korea, China and newly industrialized nations, mostly in the Asia- Pacific region, is expected to address solutions to the current economic crisis and to lead a new wave of dynamic and sustainable growth.

Of particular note, Korea was selected as the host venue for the fifth G20 Summit in November 2010. This honor has significant meaning for Korea’s economic status and its opportunity to help shape the new economic order.

The message of “creative change and value” represented by the splendid maple tree also applies to businesses. In this respect, we cannot overemphasize the importance of SMEs in transforming economies for sustainable and dynamic growth, which is vital to the common prosperity of all the peoples in the global village.

In fact, SMEs are very well positioned to prosper in the current 21st century business environment, characterized by a creativity-based economy.

In this respect, the SMEs in Seoul are blessed with a wide range of advantages as a hub of Northeast Asia, engine for the domestic economy, hotbed of culturenomics, etc.

Against this backdrop, Seoul SMBA is set to dispatch a trade mission next month to three Asian countries -- China, Indonesia and Vietnam. In addition to practical business opportunities, we expect the mission will provide a solid foundation on which to build closer bonds for mutually beneficial cooperation, collaboration and coordination.

Reflecting back on the lesson of the maple tree, a spirit of small sacrifice for a greater harvest, we are witnessing the approach of the Asia era. In conjunction with this, it is time for the SME renaissance to blossom in the age of a culture- and creativity-driven economy.

Seoul SMBA’s mission is to provide a constantly replenished pool of wisdom and support that maximizes the potential of Seoul area SMEs and gives birth to real opportunities and prosperity.

 

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