EXECUTIVE DEVELOPMENT PROGRAM

Macedonia2025 Pre-Summit ActivitiesOctober 19, 2016

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Macedonia2025

Executive Development Program

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Discussion Topics

Who we are: International, independent, nonpartisan, non-profit “think and do” tank, founded in 2007 by Macedonian expatriates who envision a proactive way of contributing to the economic and democratic development of Macedonia. With headquarters in Skopje and supporters around the globe, we encompass a wide array of programs that enable expatriates to give back to their homeland.

Our Vision: We are dedicated to helping create a prosperous economic climate and “stronger nation” that will improve opportunities and innovation for citizens, domestic companies, and foreign investors. We seek to promote sustainable economic growth through fostering competitiveness, entrepreneurship, innovations and values-based leadership.

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MK2025 - About us

“Think” (provide independent perspectives, foster discussion , incite calls to action) and “Do” (execute programs, convene key stakeholders, impact policy) in 5 major areas:

1. Accelerate economic development Attract Foreign Investment Support competitiveness of Macedonian companies and stimulate export development Support the growth of entrepreneurs and start-up companies

2. Implement education programs that accelerate leadership development and inspire and improve entrepreneurship in Macedonia

3. Provide the Diaspora an opportunity to strengthen and improve linkages worldwide

4. Advocate the ideals of transparent, democratic and inclusive society - good for the citizens, good for economic development, and good for the Country

5. Maintain and help facilitate discussions on a ‘Country Dashboard’, to ensure broad progress on growth and quality of life is being made and headed in right direction (incorporates strategic objectives above + other government-led initiatives)

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Our strategy / 5 major objectives

Country Dashboard for Macedonia-Overview

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Goal of the Dashboard• ‘Aspirational and achievable’ targets for Macedonia in 2025 • A way to track progress towards those targets - is Macedonia becoming a

‘stronger country’? • Identifying areas for change• Increased public accountability for key decision makers

What is it?• Seven economic growth measures and Seven ‘growth enablers’• Comparison against 33 peer countries• Developed by McKinsey, expert group, Development Boards of Singapore,

Turkey, and Nika Gilauri (former Prime Minister of Georgia)

Grow Measures

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GDP Growth %5-year average

UnemploymentRate

FDI (% of GDP)

Net Exports (% of GDP)

Gov Spending(% of GDP)

Credit Rating(S&P)

GDP per capita(2010 USD)

2005 Value

2014Value

2015 Value

%Δ on last yr

2005 Rank

2014 Rank

2015 Rank

2025 Target

2.0% 2.3% 2.4% 2.6% 32/35 22/35 21/35 4-5%,1st QTL

$3,787 $4,920 $5,094 3.5% 21/35 20/35 19/35 >$10k,1st QTL

37.3% 29%2 28%3 -3.4% 24/24 21/212 21/213 <12%,3rd QTL

-16.2% -17.3% -16.3% 5.8% 24/35 22/33 19/26 >-10%,Top half

16.2% 16.9% 16.7% -1.2% 17/34 15/32 11/25 ~20%,1st QTL

BB+ BB- BB- NA 7/29 16/29 16/29 BBB,1st QTL

2.3% 0.5% 1.9% 280% 26/35 34/35 25/35 >5%,1st QTL

Key1 YOY % change2 2013 value3 2014 value

Grow Enablers

EducationQuality (PISA)

R&D(% of GDP)

Environment(C02 mt percap)

Democratic Freedom

CorruptionIndex rank

Ease of doingBusiness rank

Investment(% of GDP)

2005 Value

2014Value

2015 Value

Δ on last yr

2005 Rank

2014 Rank

2015 Rank

2025 Target

3851 5/81 1st QTL

19.2% 23.4% 25% 6.8% 23/34 15/33 10/26 #1

0.2% 0.3%2 0.4%3 33.3% 14/19 9/162 7/143 1st QTL

3.0 3.5 3.5 0% 18/33 26/35 26/35 Top half

100 58 66 -8 21/30 9/34 12/34 1st QTL

14 12 +2 1/35 1/35 1st QTL

5.5 4.24 4.55 8% 30/34 26/354 27/355 Top half

Key1 2000 value2 2012 value3 2013 value4 2010 value5 2011 value

Macedonia2025

Executive Development Program

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Discussion Topics

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Organizations that produce great leaders-What do they have in common?...

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Real commitment to

people development

High expectations

Meritocracy

High Values

High Expectations

Meritocracy

…4 consistent ingredients

1. Leadership and Development Program 10 Year Goal: 750 high quality leaders in CxO positions or small and mid-size

business owners

2. Executive Education/Development Program 10 Year Goal: 75 high-performing CEOs and/or senior executives

In companies with >100 employees

3. Entrepreneur Education Program 10 Year Goal: 75 entrepreneurs driving substantial growth and employment

4. Masters Scholarship Degree Grant 10 Year Goal: 75 talented professionals working in the country

OVERALL GOAL Impacting more than 1,000 professionals by 2025

Education Program- Macedonia2025

Education Program- Achievements to date1. Richard Ivey School of Business, Canada: Nine leadership projects

250 alumni members

2. Schulich School of Business: 25 scholarships for executive education

3. Corporate visits: 40 participants visiting more than 30 Canadian companies

4. 2015 Leadership Talks: 450 participants featuring 10 speakers

5. Leadership Workshops: 500 participants at 20 workshops and lectures

6. Company field trips for students: 4 trips and 100 participants

7. Canada Day lectures 2015

8. Entrepreneurship Events 2013 and 2015: 250 participants

9. Experts from the Diaspora mentoring Macedonian talent

10. Partnerships with renowned global universities 12

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NEW!Zafirovski Executive Development Program

Launching Fall 2016

Strategic Partnership with the Kellogg School of Management, Northwestern University, USA- Kellogg Executive Development Program (3 weeks)

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Comprehensive Leadership Accelerator Opportunities - Mentoring, networking, experiential learning, ongoing support

Target participant: CXOs/ Senior Executives with 10+ years of experience and with significant upward mobility, fully supported by existing employer. Goal of 6 participants in 2017.

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The James L. Allen Center, Kellogg School of Management

Kellogg Program Overview

For high-performing senior executives in companies with more than 100 employees

Focuses on the key functional areas of management, the development and implementation of strategy and organizational learning

It will enhance your leadership capabilities

Shaping most-promising leaders

• “The EDP experience at Kellogg has been invaluable to me. The professors are really top notch and their passion is evident in their teaching. I will most treasure the connections I have made here and the friendships. As a leader in my company, I know I have gained some valuable tools to help me continue to grow both within my organization and in my own personal life. There are no words to adequately express my gratitude so I just say thank you.”Director Intermodal Planning and Pricing, Norfolk Southern Corporation

• “I [took] this [program] to get a broad understanding of all key business functions to help prepare me for a move into General Management. This [program] has delivered against this objective 100%. The quality of the faculty and course material is thought provoking and insightful. I'd recommend the course for others in the same position.”Commercial Director, REFRESCO GERBER UK LTD

• “[This was] a vibrant course design and format dynamically presented by an expert faculty; all this based in an environment focused on learning. I have been left with many tangible take-aways that will positively improve my working life.”Marketing Director, St Jude Medical

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Feedback on Kellogg Program

Mentoring by MK2025 members and member company CEOs Executive job shadowing at U.S.-based company Networking among program participants (executives from renowned companies at

Kellogg and fellow Macedonian companies) 2 special projects

- One assigned by member company CEO, second assigned by MK2025 Dedicated Program Manager, focused on executive recruitment, execution of

program, and ongoing support for all current/future/alumni participants

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Plus Leadership Accelerator –Key elements

• $60,000 value to program participants + their enhanced leadership and development in your companies

• Unparalleled leadership development opportunity for your best people!

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What we need from company partners

CEO engagement and complete support – This is a CEO-driven program!

Nominate highly qualified, high-performing senior executives

Company investment of $6,000 per participant and cover travel costs (MK2025 donations and Kellogg cover the rest)

Become a Macedonia2025 Annual Corporate Partner and donateto our Education Fund100% of all donations are used for scholarships for aspiring business leaders

Suggest to your CEOs high-potential candidates Suggest a company and/or CEO for MK2025 to approach

Make a difference with your investment in human capital and help the country achieve accelerated economic development through improved leadership, new ideas

and larger international networks!

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How others can get involved

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The value of executive development programs

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Q & A

Join our efforts to

educate the current and

future leaders of

Macedonia!

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Macedonia 2025 & Education Programs