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Entrepreneurship

Entrepreneurship "having a go" as Aussies win at Asia Pacific Finals

In by Julia Maclaine Pont 0 Comments

Australians win big in the FedEx Express/ Junior Achievement International Trade Challenge Finals Asia Pacific Finals in August 2017.

This was the attitude was of Songen Yeung, participant of the FedEX/JA International Trade Challenge. This August, we took 6 Australian high school students to Singapore to represent Australia in the Asia Pacific Finals of the FedEx Express/Junior Achievement International Trade Challenge! “I was simply happy to participate and learn about doing business, meeting different people, and getting out of my comfort zone” said Year 12 Hornsby Girls High School student Songen Yeung.    

Songen Yeung wins FedEx / JA International Trade Challenge with her Hong Kong team mate    

It was certainly an eye-opening experience for all students. Upon arrival in Singapore each of the 6 Australians were each paired with a student from a different culture and country and were forced to think out of the box and engage in true cross-cultural collaboration from the first moment. Their task; to develop a market entry strategy for a pet product entering the USA (all within 48 hours).

Karen Reddington,president of FedEx Express Asia Pacific, shares that technology is moving us towards an ‘increasingly borderless world’. Cross-cultural collaboration has become the order of the day. That is why it is so important to reflect on the increasement of globalization and implement international team-work.

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For JA Australia this was our first time re-entering this competition since Young Achievement Australia (an original co-founding country for this competition) closed its doors in 2010. To place 3 out of 6 students in the top 6 Asia Pacific grand finalist teams exceeded any expectations and it was a highlight when two Australians Songen Yeung and Nathan Peadon were named in 1st and 2nd place respectively with team members from Hong Kong and Korea.

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Australians featuring strongly in the Asia Pacific Grand Finals

 

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