How entrepreneurs can influence public policy
Hosted by Beth Brooke-Marciniak and Uschi Schreiber
Public policy and the path to growth
More than three-quarters of EY Entrepreneur Of The Year™ winners say they plan to create new jobs over the next 12 months — twice the rate of major corporations. Governments will benefit from this growth as they seek to strengthen their economies, but how can entrepreneurs influence public policy to get the support they need to scale?
In an interactive session, panelists suggested that while many governments are interested in supporting entrepreneurship, they don’t always get it right — providing funding but no mentorship and education, or failing to create a cultural environment supportive of innovation. Nervous of failure and fearful of wasting taxpayer money, policy-makers become risk-adverse and stifle creativity with over-regulation.
Some panelists suggested entrepreneurs should establish connections and associations with each other to form a collective stronger voice that can lobby for a common set of needs. Others argued that, rather than becoming entrenched on opposite sides of the fence, the key to influencing public policy was to consider the public good: build strong relationships with the policy-makers and help them to solve social problems.
Such a strategy positions entrepreneurs as visionary solution-makers, not just job creators.
Global Vice Chair — Regulatory and Public Policy
Beth is responsible for shaping EY’s positions on public policy. She engages with stakeholders around the world to address the critical issues facing our profession and global capital markets. She is also the global sponsor of EY’s diversity and inclusiveness efforts and a prominent advocate for the benefits of inclusive leadership.
Beth has held a number of leadership roles including US National Director of Tax Advisory Services and Global and Americas Vice Chair for Public Policy, Sustainability and Stakeholder Engagement. Beth worked in the U.S. Department of the Treasury and was responsible for all tax policy matters related to insurance and managed care. Recently, Beth was named to the Forbes list of 100 most powerful women for the seventh time.
Beth is a CPA and a Fellow of the Life Management Institute. She has a bachelor’s degree and an honorary doctorate from Purdue University.
EY Global Markets Leader and
Global Government and Public Sector Leader
Uschi is EY’s Global Markets Leader. In this role she is responsible for EY’s markets functions of Knowledge, Industry/Sector, Strategic Growth Markets, Strategy and Analysis, Commercialization/Innovation, Trade and Business Development.
She also leads the Government and Public Sector global organization of more than 7,000 people, providing advisory, audit, transactional and taxation services to clients across mature and emerging markets.
Uschi is the former Deputy CEO of EY in Australia. Prior to joining EY in 2007, she was a Director-General and Cabinet Secretary of delivery and central agency government departments in Australia.
Uschi has significant experience with transformation programs in large organizations, and she is passionate about driving change for EY and its clients. She is a leader in EY’s diversity and inclusiveness programs and in progressing women’s issues internationally.