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Engaging in the Asian Century

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22 May 2013

The Hon Bill Shorten addressed Monash MBA alumni and students at a recent event.
The Hon Bill Shorten addressed Monash MBA alumni and students at a recent event.

The challenges and opportunities of the Asian Century for business leaders was the topic of a presentation by Monash alumnus and the Federal Minister for Employment and Workplace Relations and Minister for Financial Services and Superannuation, the Honourable Bill Shorten MP.

Mr Shorten spoke on the need for a healthy, highly educated, creative workforce at a Monash MBA alumni and student forum held in the Melbourne CBD.

Mr Shorten said everyone will in some way be touched by the Asian Century and that we all should foster and promote a friendship based on mutual respect, trust and confidence.

“I suspect many people attending this event will play a big part in growing our fundamental relationship and our future partnership with China and our other Asian neighbours as Asia is re-emerging to become a global leader in the world economy," Mr Shorten said.

“Amongst us there are future leaders – in business, global forums, and yes, even politics, but I have never believed leaders are simply born, leaders are made. Leadership is a skill to be nurtured and constantly honed and that’s why the MBA is so important – it gives you the tools to find waste and inefficiency, and maximise the productive capacity of the workforce around you."

Mr Shorten said he was enormously optimistic about Australia’s future, but strategic vision was needed to seize opportunities.

“We need the brains and ability of our people, long-term vision and personal commitment to nurturing our relationships around our region and the world,” Mr Shorten said.

Mr Shorten was elected to the House of Representatives for the seat of Maribyrnong in 2007. Before his promotion to the Ministry in 2010, he was the Parliamentary Secretary for Disabilities, Children’s Services and Victorian Bushfire reconstruction.

Prior to entering Parliament, he worked at the Australian Workers Union, holding key leadership positions including State Secretary of the AWU Victoria Branch from 1998 to 2006 and the National Secretary from 2001 to 2007.

Mr Shorten holds a Bachelor of Law and a Bachelor of Arts from Monash and an MBA from the Melbourne Business School.

For a full script of Mr Shorten’s speech, visit the Monash News site.