Think About It: APEC Effect - KFVE, K5-Hawaii News, Weather and Sports

November 14, 2011

Think About It: APEC Effect

APEC is over. The Honolulu Star-Advertiser called it, "The largest international event ever hosted in the islands." For the majority of local folks, the events had some pomp and flair, and surely provided some prolonged traffic issues. Perhaps the best quote of the week, one meant to offset the too-often used adage that Hawaii is merely a destination for fun and relaxation, came from Hawaii National Bank head Warren Luke, who reminded everyone that "once you take off your tie, your brain does not disengage". So true.

While we hope the meetings, summits, conferences, and side-gatherings all have a productive impact on international business, locally the goal was to showcase Hawaii as a serious place to transact business alongside its many favorable tourist diversions. The gateway to China, as visas and airline lift issues get resolved, could be a real boon to our tourism industry over the next decade. And with the entrepreneurial spirit now in full force in China, expansion in Hawaii for business dealings and new business offices could become a reality as well.

There is no doubt that technology and the ability to transmit so much business electronically has obviated some of the need to perceive Hawaii as an obvious crossroads where East meets West. But hopefully, the reality became apparent to some newcomers to our islands that you can do real business in a wonderful, modern location, understanding that nothing can replace face to face communication at times. Hopefully, that concept will translate to new business opportunities in our quest to re-define our economic future in the decades ahead. If so, APEC will have been more than worth all the planning, time, effort, and inconvenience it may have caused.  Think about it…

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