WEF: Sage CEO laments absence of small business issues at Davos
CEO Stephen Kelly says small businesses still being ignored by policy makers as big business flocks to Davos
Sage launches Forum for Business Builders to give entrepreneurs a voice
16 January 2017: Global research by Sage highlights that only 17% of small businesses feel represented by politicians in their country’s decision making. The data has been published in the run up to the annual World Economic Forum (WEF) where politicians and big business will gather in Davos to debate the global economic picture. Sage CEO Stephen Kelly has lamented the absence of small business issues from the agenda, and called for greater representation, given that in most economies entrepreneurs, or business builders, creates 2/3 of all jobs.
Clearly the role of government in helping navigate uncertain economic and political times will be key.
- Almost half (46%) singled out export opportunities, and grants as being the most important thing that government can do.
- The second most important was improvements to the political stability (45%).
- Creating a stable regulatory environment ranked third (38%).
In order to give business builders a platform to connect with policy makers, Sage is launching its ‘Forum for Business Builders’. The Forum brings entrepreneurs from around the world insights, events and policy-forming partnerships to give them a powerful collective voice that can be heard on the world stage.
In South Africa, Sage has been involved with the 702/CapeTalk Small Business Awards for many years, seeing it as a way to help the winners to achieve great things and as a means to promote entrepreneurship in South Africa. It also offers free tools and a range of training programmes to Small & Medium Businesses that help them run their businesses effectively. Sage in South Africa is also a passionate advocate for Small & Medium Businesses in the media and on other platforms.
Anton van Heerden, Managing Director and Executive Vice-President, Africa & Middle East at Sage, adds: “South Africa’s small businesses are resilient and it is heartening to see how determined our entrepreneurs are to get to the top. They hold the key to creating jobs, reducing inequality and creating a more thriving South Africa.”
Sage CEO Stephen Kelly, said: “Only too often when the world’s policy makers discuss the global economic picture, small businesses are excluded from the discussion. This is most evident with the annual World Economic Forum in Davos where small businesses aren’t an item on the agenda. Worse still, 60% don’t even know the event is taking place. It’s crazy when you consider that small businesses create two thirds of all the jobs in most economies, and represent over 98% of all businesses.
Kelly continues “Business builders are the heroes of the economy. They toil away long after the rest of us have gone home, making personal sacrifices to grow their businesses, to support their families and build their communities. Policy makers and big business must wake up to the fact that these heroes need to be supported and given a voice, if we are to ensure the future health and prosperity of the world’s economy.”
States van Heerden: “It is promising to see that the South African government is putting the Small & Medium Business sector at the centre of its economic policies. By listening to small business owners and supporting them with a stable political environment and the right policies, government has the opportunity to turbo-charge South Africa’s growth.”
“With Davos taking place and South Africa’s annual Budget Speech not far away; we’d be interested to learn what is important for our country’s small businesses. In a world where only the voices of the biggest are heard, we will always fight to hear the voice of the entrepreneur,” concludes Anton.
The Forum is open to all small businesses and will be refreshed regularly with diverse content and insights from guest contributors and advisors.
For media queries:
Idea Engineers (PR agency for Sage)
– Ashmika Panday
Tel: +27 (0)11 803 0030
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– Del-Mari Roberts
Tel: +27 (0)11 803 0030
Mobile: +27 (0)72 5958 053
Sage is the market and technology leader for integrated accounting, payroll and payment systems, supporting the ambition of entrepreneurs and business builders. Today, business builders measure success in strong relationships, partnerships, and communities. It‘s why Sage helps drive today’s business builders with the most intelligent and flexible cloud-enabled software, support and advice to manage everything from money to people. Daily, more than 13,000 Sage colleagues in 23 countries work with a thriving global community of over 3 million entrepreneurs, business owners, tradespeople, accountants, partners and developers to champion the success of business builders everywhere. And as a FTSE 100 business, we are passionate about doing business the right way, supporting our local communities through the Sage Foundation.
Sage – the market and technology leader for integrated accounting, payroll and payment systems, powered by the cloud and supporting the ambition of the world’s entrepreneurs and business builders. Because when business builders do well, we all do.
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