Eduard Malyarchuk 🇺🇦’s Post

🌍 Nawi Insights: Should You Open a Branch in the Czech Republic? 📣 For Ukrainian businesses considering expansion, establishing a branch in the Czech Republic offers numerous strategic advantages. From avoiding customs procedures to tapping into a skilled workforce, our latest article breaks down the benefits and crucial factors to consider. Learn about the steps involved, from initial consultations to market analysis, and how to ensure a successful setup. Read more to make an informed decision for your business growth. ➡ https://lnkd.in/eiaj8aP3 #NawiBlog #BusinessExpansion #CzechRepublic #InternationalBusiness

Human capital is the keystone of Ukraine’s economic recovery. ◾ What should be our people strategy to attract those we lack (quantitatively and qualitatively) and to support those we have but who are losing their productivity due to war and stress? ◾ What can we do today to overcome lack of human capital in the medium and long run? ◾ What are business’s actual needs in human capital and what are the strategies to attract the required human resources? ◾ Can a close interaction between business, the state, educational institutions, and our partners be our lifeline and how to build such relationships? At the Conductors of Changes Forum, Olena Boichenko, Consulting Partner at Deloitte Ukraine, together with speakers of the Restoring Human Capital in Ukraine panel discussion will discuss a strategy that will help attract and retain the talents needed to restore our country. 🔗 Join the discussion. To register, please follow the link: https://deloi.tt/3LzCd7f 👉 To check for agenda updates, please visit the Forum website: https://deloi.tt/4g6KP3k #Conductorsofchanges #ConductorsofChanges2024

👉🏻 WE WANT BRAIN GAIN, NOT BRAIN DRAIN A recently released documentary and the numerous comments beneath it highlight a serious issue: More and more IT professionals are leaving #Germany. High #taxes, rising living costs, and inadequate salaries are driving this trend. This exodus is particularly noticeable in the IT sector, exacerbating the already critical situation for German #companies. 🌍 DIMC Africa: The Solution for the #SkillsShortage With an aging population and an increasing need for #digitalization, Germany urgently needs qualified IT experts. DIMC Africa connects German companies with talented #professionals from #Nigeria, a country with a young and growing tech scene. Our IT specialists are eager to drive innovation in Germany and fill the gaps in IT teams. 🔗 Link to the documentary: https://lnkd.in/dRCrqqj4

There is undoubtedly a global talent shortage impacting the international economy. Demographic changes, such as aging populations & declining birth rates, will see this challenge continue into the future. How to solve it? Frankly, national governments need to think more like executive recruiters according to this article in The Economist. Skilled immigrants bring unique & hard to find skills to a country, which in turn can fuel economic growth & prosperity. Despite these benefits, too many countries make it difficult for skilled immigrants to enter or stay. While governments say they want to attract top talent, they often implement immigration policies which run counter to this aspiration. The article offers the example of the US visa system to highlight this, saying it actually discourages skilled workers. This simply means talent is driven away. It is no different to an organisation that has a lengthy recruitment process or an executive recruiter who can't engage the heart and head of a candidate. Other countries understand skills are scarce and work to implement processes that secure the global market's best and brightest. The article showcases Dubai, which has a 'golden visa' system that streamlines immigration processes. Portugal is also offered as an example of a country winning the global talent war due to streamlined bureaucratic processes put in place over a decade ago. Most interesting in the article is the discussion of how talent mobility drives innovation. For example, immigrants in the US account for a substantial portion of lodged patents. So where is Australia in this current, and what I expect to be a long running, global war for talent? What type of headhunter would Albo or Peter Dutton make? What changes would you like to see to our immigration settings or processes to drive a win in the war for global talent? Interested in your comments below. #skillsshortage #talentacquisition

What is the worst thing that can happen? What is the best thing that can happen? Whenever I have doubt or am uncertain of a certain decision I try to answer these two questions. For example. We decided to start our company in Kyiv, Ukraine in 2018. I had no prior experience working or living in Ukraine, let alone set up a company from scratch. I didn't speak the language. I literally knew one other person in Kyiv. There was a lot of uncertainty about me moving to Ukraine. However the worst thing that could happen was that I wouldn't be able to hire the right people, that I would run into visa issues, that our clients didn't want to work with our employees in Ukraine or that I would be miserable. Legitimate concerns. The best that could happen is that we would find amazing people, our clients would love to work with our employees, I would enjoy living in Kyiv and we would build a thriving business. In the worst case scenario I would return home after 6 to 12 months, with tons of experience. In the best case scenario I would have a thriving business and would love Ukraine. After writing it down like this the choice was easy. I moved to Ukraine and luckily the best scenario happened. We build a thriving business called Matchr and I loved living in Ukraine. What is the last difficult decision you made?

The situation is bad, but not because the integration policy has failed, Ilmar Raag writes with regard to the strong support for Putin among Russian citizens living in #Estonia. From time to time, especially now, during a major war, people appear who talk about the failure of Estonia's integration policy. Chill! Give me an example of where the integration of 30 percent of the population with a relatively homogeneous foreign background has yielded a better result in 30 years? There are no such examples. The reason foremost is that there will never be a population in which even 90 percent of the population believes in the same social happiness. But above all, we understand that even the best integration policy is not stronger than two factors: The Russian Federation is essentially a national chauvinist state, where the superiority of the Russian nation over other nations has been consciously cultivated for at least 200 years. Giving up the Russian identity requires a very strong motivation for a new identity. The opposing pressure is being exerted by Estonia, which is a nation state. We do not have an ideology that considers Estonians greater, but we nevertheless expect that people living in Estonia will become Estonians over time. If Estonia were to become poorer, you’ll see how bad things really are with our integration. So, there are two different value propositions in competition with each other here. We expect the Russians here to give up some part of their identity, but in reality this requires Estonia to have something significant to offer. Our only argument at present is based on our economic success to date. If Estonia were to become poorer, you’ll see how bad things really are with our integration. The recommendation «If you don't like it, leave!» is a little too simple for real life. With the realistically best integration policy, 90 percent of people with a Russian background will speak Estonian in 30 years. 30 percent of them no longer use Russian at home. Another 30 percent speak Estonian without an accent. But in any case, about 20 percent of people will remain who believe that Estonia has not behaved honestly towards them. Another 30 percent would live and work somewhere else, but they just don’t know how to leave. It is interesting that there are also at least 20 percent of Estonians who think that the Estonian state has failed. This is the ideal situation where society is stable as a whole. But let us come back to those who voted for Putin in Estonia. Their behavior is very normal because Vladimir I has forced them into an extreme identity crisis. No realistic integration policy would have prevented this. But the truth is, if we cannot make a better value proposition now, we have more to lose than integration policy. Russian propaganda actually plays a relatively small role here. The problem is deeper. https://lnkd.in/gzfjdjzp

Artem Shcherbyna Investment Director at Capital Times, took part in SUP DAY FORUM KYIV yesterday. Artem shared several key points from the event, which he believes are noteworthy: ✔ Ukrainian entrepreneurs demonstrate resilience and optimism about the future, persistently advancing in their endeavors. ✔ Poland has proven to be highly competitive and challenging to enter its market. While Poles are willing to support Ukrainians, especially those affected by the war, they are fiercely protective of their own interests when it comes to Ukrainian businesses. ✔ Ukrainian businesses are increasingly looking beyond borders, considering opportunities in countries such as Romania, Slovakia, the Czech Republic, and the USA. ✔ The issue of human resources is becoming more pressing. Businesses recognize the need for mobilization, but the constantly changing rules create uncertainty about the future. ✔ The recruitment of women and their involvement in various industries is on the rise. ✔ Initial efforts to attract workers from Asia to Ukraine are underway as one approach to address the personnel shortage. ✔ Accessing external investments is nearly impossible due to currency restrictions, but businesses acknowledge governmental support in the form of accessible credit resources. ✔ Businesses are actively exploring new business strategies, continually adapting to evolving conditions by developing innovative sales models, recruitment practices, and market entry strategies. #capitaltimes #investmentcompany #investmentbanking #investmentadvice #investment #mergersandacquisitions

Resilience in the Face of Adversity: The Ukrainian Spirit in Technology: In times of hardship, Ukrainians have shown an unwavering resilience that goes beyond just enduring—it’s a collective commitment to growth and innovation. The tech sector, in particular, has become a testament to this resilience. Even amidst ongoing challenges, over 85% of Ukrainian IT professionals have continued to work uninterrupted, delivering world-class services to clients globally. This dedication has not only sustained projects but has also strengthened Ukraine’s position as a reliable tech hub, even under extraordinary conditions. One powerful story comes from a Ukrainian software team that, during the height of unrest, managed to release an AI-driven product on schedule for an international healthcare client. Working from shelters and temporary setups, the team prioritized each milestone, fully aware of the project’s life-saving potential. Their commitment exemplifies the spirit of Ukraine’s tech community—courage, adaptability, and a steadfast drive to make an impact globally, ensuring that progress continues, no matter the circumstances. #Resilience #UkraineStrong #StandWithUkraine

🌟 My Superpower: Bridging Business and Government for a Thriving Tech Ecosystem🌟 I'm excited to share my recent interview by Mezha.Media, where we discuss our collaborative journey with businesses in Diia.City United and our work with the government to develop a robust technological ecosystem. In this interview, we cover our achievements over the past five months, the challenges we've faced, and our plans for the future. If you're still considering whether to join us or wondering why Diia.City United is crucial for both businesses and the state, I highly recommend reading it. Here's a brief overview of our progress since our launch in February 2024 and what we're planning next: 📌 50+ Members Strong   We've conducted an in-depth survey of the tech industry, gathering questions and concerns from our members. We have a clear understanding of the industry's pain points. 📌 Strategic Solutions We've developed a comprehensive plan to address these issues, which we've discussed with key stakeholders. Together with the Ministry of Digital Transformation and MPs, we crafted and submitted amendments for the second reading of draft law 9319, aiming to refine Diia City (our special legal and tax regime) legislation to better support tech businesses. 📌 Promoting Innovation   We are also focusing on human capital development, particularly in education and retraining. 📌 Inclusive Initiatives   This fall, we are launching programs for veteran reintegration, integration, and women's empowerment. 📌Ukraine recovery and rebuild   We have also started addressing reconstruction and recovery efforts, exploring how our industry can contribute. Our primary goal is to ensure the effective operation of businesses, as a strong business sector is vital for economic stability and the state’s ability to overcome adversities. I am grateful to our Board, my dedicated team, our member companies, the Ministry of Digital Transformation of Ukraine, and the media that help us keep the tech industry's needs in Ukraine relevant and addressed. Interview in Ukrainian https://lnkd.in/eeA6J-W2 #DiiaCity #TechEcosystem #BusinessAndGovernment #Innovation #EconomicSupport #Ukraine