problem solving – Shiawase Win http://shiawase-win.com/ Mon, 14 Mar 2022 14:11:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://shiawase-win.com/wp-content/uploads/2022/01/profile-30-150x150.png problem solving – Shiawase Win http://shiawase-win.com/ 32 32 FCMB renews its commitment to entrepreneurship development and engages business leaders https://shiawase-win.com/fcmb-renews-its-commitment-to-entrepreneurship-development-and-engages-business-leaders/ Mon, 14 Mar 2022 08:45:41 +0000 https://shiawase-win.com/fcmb-renews-its-commitment-to-entrepreneurship-development-and-engages-business-leaders/ The FIRST City Monument Bank (FCMB) has reiterated its commitment to promoting entrepreneurship, knowledge sharing and capacity building through its latest initiative known as the “Top-5-in-5” series. The series, according to the bank, was designed to give small and medium-sized enterprises (SMEs) a practical insight into different areas of business and inspire them to achieve […]]]>

The FIRST City Monument Bank (FCMB) has reiterated its commitment to promoting entrepreneurship, knowledge sharing and capacity building through its latest initiative known as the “Top-5-in-5” series.

The series, according to the bank, was designed to give small and medium-sized enterprises (SMEs) a practical insight into different areas of business and inspire them to achieve optimal results.

Entrepreneurs, especially startups, have been tasked with acquiring the right knowledge and skills if they are to succeed and stand the test of time in a rapidly changing business environment.

Twelve celebrity business leaders and entrepreneurs made the call during Season 2 of FCMB’s capacity-building series, Top-5-in-5.

Offering advice on a wide range of topics, business leaders noted that no entrepreneur could stand the test of time without the right skills and offerings aligned with market needs.

They added that companies need to think broadly and deliver solutions that exceed expectations to achieve peak performance and sustainable growth.

Speaking on “How to grow a local startup with global appeal”, Mitchell Elegbe, CEO of Interswitch Limited, said entrepreneurs need to have a unique business model and be clear about the products or services they are offering to the public. .

“Clients come to you because they have a challenge, and you’ve created a solution to solve that problem,” he says. Having a clear idea of ​​the problem you are solving translates directly to your business success, especially when it comes to monetizing your solutions to achieve the bottom line.

For his part, Nkechi Wigwe, Business Manager, Africa Development Centre, believes that given the challenges posed by COVID-19, which has led to employees working remotely, entrepreneurs should provide the necessary tools for their staff to work effectively.

She also urged them to adopt the right technology, policies and processes to stay relevant and competitive.

Also speaking on the topic “How to Create Awareness Priority on a Budget”, X3M Group CEO Mr. Steve Babaeko advised entrepreneurs to create a strong network of partners and customers.

“Networking gives you the opportunity to find others who are in similar circumstances or who can buy your business. When you network appropriately, doors start to open and your brand is a priority. building professional relationships can help you attract new customers, retain existing customers and manage your reputation.Your network is your net worth,” he said.

In his presentation on “How to Handle Tax Issues as a Small Business Owner”, Mr. Taiwo Oyedele, Tax Policy Partner and Africa Tax Manager at PriceWaterhouseCoopers, highlighted the importance of professionalism, best business practices and record keeping.

He said that “cutting corners will not last. It won’t get you far, especially if you plan to grow your business, grow, and become a big organization. Make sure you commit to doing the right thing, including following laws, regulations, and paying taxes. It is much more affordable to do the right thing. Although tax compliance can be complicated, having the right knowledge can help you,”

Mr. Emeka Eboegbune, Group Technology Program Manager at FCMB Group Plc, also offered advice on “How to Harness Technology to Transform Your Business”. He advised entrepreneurs to leverage digital platforms to market their products and services.

“To succeed in the digital space, you need to focus on the people who work with you. First, consider the skills of your employees. The more digitally-minded employees you have, the easier it is for your organization to grow and succeed. You need to continually refresh your product and react very quickly to market changes. Keep your finger on the pulse of your business; know where customers are going, why they are going there and what they need The data will help you with this.

Other prominent thought leaders and experts featured in this year’s FCMB Top-5-in-5 series include Olori Boye Ajayi, President, Borderless Trade Network; Ifedayo Durosinmi-Etti, CEO of Herconomy; Mr. Joseph Edgar, theater producer/investment banker; Nike Majekodunmi, CEO of Nuts About Cakes; Tomiwa Aladekomo, CEO of Big Cabal Media and Dr. Echefu Ukattah, Senior Partner at Olaniwun Ajayi Legal Practitioners.

The FCMB Top 5-in-5 series aims to make it easier for existing startups to run successful businesses. Topics for this year’s edition cover entrepreneurship, marketing, technology, personal development, legal issues, among others.

Like the previous season, the series positions FCMB as an industry leader, empowering entrepreneurs and businesses nationwide to operate, sustainably grow and improve.



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Clever Harvey Collaborates with Multiply Ventures to Launch Entrepreneurship Course for High School Teens – Punekar News https://shiawase-win.com/clever-harvey-collaborates-with-multiply-ventures-to-launch-entrepreneurship-course-for-high-school-teens-punekar-news/ Fri, 04 Mar 2022 18:00:34 +0000 https://shiawase-win.com/clever-harvey-collaborates-with-multiply-ventures-to-launch-entrepreneurship-course-for-high-school-teens-punekar-news/ India, March 2, 2022: To give teenagers an early glimpse into future careers, Clever Harvey has collaborated with Multiply Ventures to launch a new industry-certified course, “JuniorMBA Entrepreneurship”, specifically for secondary school students (Classes VIII to XII). The 15-day program aims to provide students with hands-on exposure to what startup founders do while learning how […]]]>

India, March 2, 2022: To give teenagers an early glimpse into future careers, Clever Harvey has collaborated with Multiply Ventures to launch a new industry-certified course, “JuniorMBA Entrepreneurship”, specifically for secondary school students (Classes VIII to XII).

The 15-day program aims to provide students with hands-on exposure to what startup founders do while learning how to create Shark Tank-style business presentations. Working in groups of two or three, students take a “behind the scenes” tour of one of the most challenging functions of business: entrepreneurship, guided by a Clever Harvey facilitator. By learning to develop business strategies with step-by-step guidance, students develop a solid foundation in business acumen and critical thinking.

Speaking at the launch of the new programme, Sriram Subramanian, co-founder of Clever Harvey, said: “With the introduction of the new education policy, the entrepreneurship and India’s burgeoning start-up culture makes it important for students to understand what goes into being an entrepreneur.The newly launched program teaches students how to start a business while reflecting on concepts such as value proposition, business models, revenue streams, business costs and scaling challenges. They then apply these concepts to present their own business plans. We are delighted to welcome Multiply Ventures as a as a partner in creating this new category of experiential career discovery. A team of former founders who created and scaled brands like Myntra, Flipkart and PayTm now serve as inve writers. Their contributions are invaluable for aspiring entrepreneurs – teenagers or adults.

“You would think that an entrepreneurship program is for those who want to start businesses. But did you know that 65% of the professions that will exist in 2030 have not yet been invented? So how do you prepare the younger generation for this world? There is a distinct need for an entrepreneurial skill set, regardless of career choice in today’s ever-changing business environment. Critical thinking, influencing skills and business acumen are key skills needed to be successful in any career they choose to pursue,” he added.

Commenting on the launch, Raveen Sastry, Founder of Multiply Ventures, said, “We are delighted to have partnered with Clever Harvey to teach entrepreneurial skills at the secondary level. Students will benefit from building a broader problem-solving mindset to understand people’s needs and develop solutions. Additionally, it will be interesting to see how students develop ideas and develop solutions to turn them into viable and scalable business plans. We are excited to see teen start-ups emerging from this program. »

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IIM Jammu offers a free course on entrepreneurship for students https://shiawase-win.com/iim-jammu-offers-a-free-course-on-entrepreneurship-for-students/ Thu, 24 Jun 2021 07:00:00 +0000 https://shiawase-win.com/iim-jammu-offers-a-free-course-on-entrepreneurship-for-students/ The Indian Institute of Management (IIM) Jammu has launched an online summer school for students in classes 10, 11 and 12. The structure of the program has focused on three main modules including entrepreneurship, literacy finance, critical thinking and personal development. The one-week program will start from July 3 to July 10. The Summer School […]]]>

The Indian Institute of Management (IIM) Jammu has launched an online summer school for students in classes 10, 11 and 12. The structure of the program has focused on three main modules including entrepreneurship, literacy finance, critical thinking and personal development.

The one-week program will start from July 3 to July 10. The Summer School is an IIM Jammu sponsored program and will not charge any fees to the students.

The first module aims to teach students about the global business environment and entrepreneurship. The second module focuses on learning and acquiring new skills such as financial literacy, public speaking, problem solving and critical thinking, etc.

The course also includes a third module which imparts knowledge on the personal development of students. During this session, the moderator will emphasize the importance of being happy, understand the value of developing a hobby, and the importance of time management.

“The comprehensive program will assist students in their holistic development and help them realize their true potential,” IIM Jammu said in an official statement.

Professor BS Sahay, Director of IIM Jammu, said this program will broaden students’ knowledge in various disciplines and help them explore new career options.

IIM Jammu Summer School received around 500 applications on the first day of registration, the institute claims.

“The main goal of the program is to make learning fun, exciting and rewarding. The innovative teaching pedagogies employed by faculty members and subject matter experts will create a positive learning environment by engaging students in the best way possible,” the statement read.

The program coordinators, Dr. Archana Sharma and Dr. Kulwinder Kaur, have done extensive research in developing the program modules and are working hard to make this program a great success.

Read all the latest news, breaking news and updates on coronavirus here

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Teens hone their entrepreneurial skills at an innovative online camp https://shiawase-win.com/teens-hone-their-entrepreneurial-skills-at-an-innovative-online-camp/ Mon, 17 May 2021 07:00:00 +0000 https://shiawase-win.com/teens-hone-their-entrepreneurial-skills-at-an-innovative-online-camp/ When you think about youth entrepreneurship, it’s hard to get rid of that lemonade stand cliché. It’s a cute image, rooted in North American culture. But in the 21st century, young people are not just offering sugary drinks. They are bubbling with ideas and sometimes create real businesses on their own – and in doing […]]]>

When you think about youth entrepreneurship, it’s hard to get rid of that lemonade stand cliché.

It’s a cute image, rooted in North American culture. But in the 21st century, young people are not just offering sugary drinks. They are bubbling with ideas and sometimes create real businesses on their own – and in doing so, they promote creativity and independence.

It is this link between creation and entrepreneurship that took hold of Henry Greenberg. He is the founder of ASCEND, an intensive summer program for youth in grades 7-12 that, as SOAR’s website puts it, aims to help students “discover and realize their full potential through the powers of entrepreneurship and innovation”.

Just as intriguing as the program itself, however, is its founder.

SOAR began in 2018 when Greenberg, then in 11th grade, started it as part of a contest to THIS SIDE, a global organization that promotes professionalism and entrepreneurship among young people.

This project was a proof of concept that turned into SOAR. Greenberg approached one of his old professors he had in college and offered to turn the pilot into a full-fledged program. The teacher agreed, and Greenberg started SOAR in a 7th grade class at Oakville School, working with the teacher through the program. During its pilot period, the students created a toy project, imagining how they could market it.

The first iteration of SOAR saw students from other classes wanting to be included. Greenberg took this as a sign of the program’s potential, and refined and developed the idea. This is now a summer program which is, for the time being anyway, offered virtually and which mainly focuses on entrepreneurship, innovation and creativity as central pillars of the program. There are also sessions and lectures on a range of topics that differ based on student interests, such as marketing, budgeting, networking for students, pitching and more.

Greenberg’s entrepreneurial spirit was born at an early age. Where most of us played video games or rode bikes, he started small businesses.

“Entrepreneurship has always been something that interested me at a very young age,” he says. From the age of nine, Greenberg started a dog-walking outfit, and later held garage sales on his own, and bought and resold DVDs.

By Grade 8, he was more formally teaching other young people, and it was this blend of interests in both entrepreneurship and education that led to SOAR.

Before the pandemic, SOAR ran with Greenberg going to school and running a four to eight week program. One of these passages saw students choose a United Nations Sustainable Development Goal and find a problem related to it to try to solve, while another saw students trying to create a toy that would cultivate the empathy in children.

Like so many things after the pandemic hit, SOAR has gone virtual. To keep students who may be tired of Zoom education interested, Greenberg uses a mix of live sessions, guest lectures, and also leaves time for virtual group work and time away from the screen.

“I noticed last year that the students were really engaged,” says Greenberg. “They were emailing at night, and they’re invested in building their own businesses as part of those bigger projects beyond camp.”

Greenberg tells the story of a student who reached out a year after his time at camp and organized a YMCA conference in Halifax that included an entrepreneurship component in part because of his participation in SOAR.

Yet despite all the talk of entrepreneurship, Greenberg says his primary motivation isn’t to inspire young people to start businesses.

“I don’t see what I teach or the SOAR program as necessarily teaching students how to make money or have a career in business,” he says. “I see it more as an opportunity for creative exploration of ideas and a process of self-discovery.”

SOAR is running again in July and August, and students (or parents) can register on the site for one of the two cohorts this summer.

It promises to cultivate creative problem solving, innovation and more.

“The more students that are interested in entrepreneurship at a young age,” says Greenberg, “the more it will have a lasting impact in inspiring people to be problem solvers and embrace that creative energy.”


Get the latest startup news, business tips, industry updates and success stories from Toronto entrepreneurs on our news page.

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Skills reforms 2021: from more courses with job guarantees to the development of entrepreneurial skills https://shiawase-win.com/skills-reforms-2021-from-more-courses-with-job-guarantees-to-the-development-of-entrepreneurial-skills/ Mon, 15 Mar 2021 07:00:00 +0000 https://shiawase-win.com/skills-reforms-2021-from-more-courses-with-job-guarantees-to-the-development-of-entrepreneurial-skills/ At a time when the spotlight is fully on the construction of Aatmanirbhar in India, the young people of the country need skills that make them confident, empowered and also ready for the future. Even the new education policy led by Prime Minister Narendra Modi has been prepared keeping in mind the current needs of […]]]>

At a time when the spotlight is fully on the construction of Aatmanirbhar in India, the young people of the country need skills that make them confident, empowered and also ready for the future. Even the new education policy led by Prime Minister Narendra Modi has been prepared keeping in mind the current needs of the education system. Our Prime Minister recently pointed out that the second most important goal after health in this year’s budget is education, skills, research and innovation. The higher education scenario is undoubtedly going through an exciting phase with the onset of new education policy and technological advancement.

According to a survey report by FICCI, at least 9% of Indians will take up jobs that currently do not exist and 37% of the workforce will need drastically changed skills to meet their job demands. Therefore, skills development programs need to be robust so that young people are well equipped with the critical skills needed to provide support and improve the economy. Over 1.5 million schools across India have had to close overnight due to the Covid 19 pandemic, throwing children into a whole new world of digital education. Although in the post-pandemic ecosystem, digital education has been embraced, India still needs to work intensively to create the environment of blended learning. According to a UNICEF report, only 24% of Indian households have internet to access online education.

Skills reforms 2021: from more courses with job guarantees to the development of entrepreneurial skills

Here are some of the reforms that are the need of the hour:

Finance and accounting courses continue to be the dominant courses

A report from the US Bureau of Labor Statistics indicates that job opportunities in finance and business occupations are expected to grow faster than all other occupations between 2019 and 2029. More than 476,000 new jobs are expected to be added to the hundreds of thousands of positions already in place in these industries. So, for professional stability and growing opportunities, both courses offer a diverse career path to pursue.

Academic institutions should collaborate with professional institutes

The integration of academic institutions with professional institutes allows students and faculty members to have a richer, better, and sequenced curriculum. This type of program provides them with both practical and theoretical knowledge of the world. It also helps them to be ready for the future. The school experience also becomes unified. Even faculty members need to be trained in new teaching techniques that include activity-based learning, practical problem-solving skills, and skills in various subject areas.

More emphasis on presentation, business communication and task management

Today, companies are looking for presentation, business communication and task management skills in employees. Communication is the cornerstone of presentation and task management. In the digital world, it is important that you present your business ideas clearly to others. Business communication can be understood by including five broad topics: collaboration, public speaking, listening, nonverbal communication, and written communication. A good business communication process is about presenting ready-made ideas, executing decisions and successfully selling products.

Written by Ankit Shyamsukha, CEO, ICA Edu Skills

Learn more| Explained: Why is it important to support girls in STEM?

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5 platforms that can help develop students’ entrepreneurial skills https://shiawase-win.com/5-platforms-that-can-help-develop-students-entrepreneurial-skills/ Sat, 30 Jan 2021 08:00:00 +0000 https://shiawase-win.com/5-platforms-that-can-help-develop-students-entrepreneurial-skills/ Our education system has always aspired to empower young people to build successful and inspiring careers. In today’s world, students must be prepared for the challenges that will arise in the future and therefore must have a thorough knowledge of their chosen discipline. They must possess problem-solving skills, team spirit, leadership qualities and an ability […]]]>

Our education system has always aspired to empower young people to build successful and inspiring careers. In today’s world, students must be prepared for the challenges that will arise in the future and therefore must have a thorough knowledge of their chosen discipline. They must possess problem-solving skills, team spirit, leadership qualities and an ability to adapt to an ever-changing environment.

Indeed, these skills are the keystones of entrepreneurship. Therefore, alongside traditional subjects like science, math, and social studies that provide foundational knowledge, it is essential that students also learn entrepreneurship skills early on.

In order to move up the career ladder or take the path of entrepreneurship, here are some entrepreneurship education platforms that can help you develop entrepreneurial skills while pursuing your primary education.

1. MetamorphosisEdu

MetamorphosisEdu is a virtual school that teaches entrepreneurship to high school students from 6th to 12th. This Hyderabad-based edtech platform was founded in 2018 by Mr. Pavan Allena when he felt the need to equip young minds with entrepreneurial skills and guide them on the path of leadership and innovation.

Metamorphosis offers the following three study modules as part of its flagship program i.e. Incubator Program, Certification Course, Entrepreneurship School. Along with the courses being taught, they continue to conduct skill development programs for students to enhance their thinking power.

2. Child entrepreneurs

Kidspreneur is an entrepreneurial education provider for students ages 7-18. It was founded by Mohanalakshmi and her husband Kalasalingam.S in 2012.

This entrepreneurial platform offers three courses to nurture and develop confident young individuals. These three courses – Kidspreneur MBA, Kidspreneur EDU, Kidspreneur PRO give kids the opportunity to learn first-hand how to start a business and run their own business. Moreover, these programs come in levels I, II and III for different age groups.

3. Entrepreneurship for children by Galit Zamler

The Entrepreneurship for Kids (EFK) program was founded by Galit Zamler with the aim of providing case study-based entrepreneurial studies to targeted schools from an early age.

The EFK program envisions making entrepreneurial education accessible to everyone. The program consists of 2 parts. Part 1 deals with empowering young students with entrepreneurial skills and Part 2 offers the Entrepreneur for Kids program for fourth graders and above, as well as the Young Entrepreneurship program for middle and high school students. Their curriculum covers various aspects of entrepreneurship through experiential learning.

4. Bornpreneur

Bornpreneur offers children a one-of-a-kind after-school enrichment program. Their program is designed to engage children in entrepreneurial thinking and make them future industry leaders. BornProdigy, BornToHire and BornCEO are their 3 programs offering business and entrepreneurial training. Through the case study-based curriculum, children learn business strategies and entrepreneurial skills.

The experiential learning process helps kids start their own business in a fun and productive way.

5. Smart Harvey

Clever Harvey is an educational initiative created by Ivy League and aims to guide young students aged 13-16 to bridge the gap between academic learning and the real world.

The platform is designed by IIM graduates for students from class 8 to class 12. The platform launched India’s first exclusive 10-day online junior MBA program on April 6, 2020. Thanks to This, Clever Harvey empowers every student to master critical thinking skills, business acumen, and discover endless career opportunities for the future. Few tracks available in the Junior MBA program are Junior CMO, Junior CEO and Junior CTO.

Read: 9 MBA specializations to boost your career after Covid-19

Read: How India’s edtech universe is growing across the world after Covid-19

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Creating Entrepreneurs: Quick Tips for Teachers to Develop Entrepreneurial Skills in Students https://shiawase-win.com/creating-entrepreneurs-quick-tips-for-teachers-to-develop-entrepreneurial-skills-in-students/ Sat, 03 Oct 2020 07:00:00 +0000 https://shiawase-win.com/creating-entrepreneurs-quick-tips-for-teachers-to-develop-entrepreneurial-skills-in-students/ Entrepreneurial skills play a very important role in the life and success of an entrepreneur. Job creation is the need of the hour and for this we need to train students in the right way so that they develop an entrepreneurial spirit. It is important for faculty members to understand that building entrepreneurial skills in […]]]>

Entrepreneurial skills play a very important role in the life and success of an entrepreneur. Job creation is the need of the hour and for this we need to train students in the right way so that they develop an entrepreneurial spirit.

It is important for faculty members to understand that building entrepreneurial skills in students should be a priority in their minds to develop students into successful professionals and entrepreneurs.

Here are some tips for teachers and faculty members to teach entrepreneurial skills to students.

How to develop entrepreneurial skills

1. Case study method: (To develop creativity and innovation skills) Faculty members can adopt the case study method with students to discuss various business cases/problems with the aim of developing the ability to think creatively. creativity in students.

2. Success method: (To build confidence and character) Faculty members can share the success story of various leading and successful entrepreneurs to ignite the entrepreneurial spirit in the minds and hearts of students. This motivates students to think about becoming an entrepreneur.

3. Idea Generation Contest Method: (To develop original thinking skills) Faculty members can bring students together to brainstorm and ask them to brainstorm or generate an idea to launch a new product or service that is not available in the market.

4. Business plan method: (To develop holistic planning skills) Students are advised by their faculty members to prepare a business plan on the business idea that interests them.

Students can prepare a Word file to describe their proposed business idea, an Excel file to prepare projected financial statements, and a PowerPoint presentation to explain their business idea using a multimedia projector.

5. Simulation method: (To build problem-solving skills) Faculty members can use the business simulation method to create a real-life situation where students learn how to solve business problems in a simulated environment.

6. Project management method: (To build project management skills) Faculty members can use the project planning method using Microsoft Project software so that students can learn the intricacies of project management to maximize output and minimize input with an intent to optimize resources and maximize productivity.

7. Project design method: (To develop design skills) Faculty members can use the design project method in which they assign a design project to an individual or group of students to hone their design skills.

8. Digital Marketing Project Method: (To develop digital marketing skills). Students can be given a digital marketing project with the aim of enabling them to use the various social media marketing and digital marketing channels to maximize the sale of products and services. It helps students develop their digital marketing skills.

9. Method of developing mission, vision, goals and objectives: (to develop goal setting skills) Students can be trained to develop and storyboard the mission, vision, goals and objectives of the proposed organization.

This enables students to set goals for different functional departments, teams, and individuals, which ultimately contributes to the achievement of organizational goals and objectives.

10. IT project method: (For building IT skills) Students are assigned a multidimensional IT project in which they are required to plan, implement and control all aspects of IT functions including hardware, software, networks, website, social media marketing, digital marketing, etc. .

11. Communication attribution method: (To develop communication skills) Students are given several assignments relating to verbal/non-verbal, oral/written methods with the aim of developing their oral and written communication skills.

12. Method of managerial games: (For managerial skill building) Faculty members develop various managerial games to develop students’ managerial skills.

Students playing the games are able to develop their management skills in planning, organizing, staffing, directing and controlling.

13. Accounting and financial modeling method: (For financial and accounting skills building) Students have the opportunity to learn about finance and accounting using financial modeling using spreadsheet software like Excel. This allows the student to learn finance and accounting.

To sum up, faculty members should adopt various methods mentioned above to develop the entrepreneurial skills of students to enable them to become a successful entrepreneur in their lives.

– Article by PC Chhabra – Executive Director, University of Sanskriti

Read: Gap years and entrepreneurship: what should students do during confinement?

Read: 7 ways to teach entrepreneurship to your children early in life

Read: 4 entrepreneurial skills you can learn during your startup internship

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Develop the entrepreneurial skills of students-PC Chhabra https://shiawase-win.com/develop-the-entrepreneurial-skills-of-students-pc-chhabra/ Fri, 28 Aug 2020 07:00:00 +0000 https://shiawase-win.com/develop-the-entrepreneurial-skills-of-students-pc-chhabra/ Entrepreneurial skills play a very important role in the life and success of an entrepreneur. It is important for faculty members to understand that building entrepreneurial skills in students should be a priority in their minds to develop students into successful professionals and entrepreneurs. Skill building methods 1. Case study method: (For Building Creativity and […]]]>

Entrepreneurial skills play a very important role in the life and success of an entrepreneur. It is important for faculty members to understand that building entrepreneurial skills in students should be a priority in their minds to develop students into successful professionals and entrepreneurs.

Skill building methods

1. Case study method: (For Building Creativity and Innovation Skills) faculty members adopt the case study method with students to discuss various business cases/problems with the aim of developing the ability to think creatively in students.

2. Success method: (To build confidence and character) Faculty members share the success story of various leading and successful entrepreneurs to ignite the spirit of entrepreneurship in the minds and hearts of students. This motivates students to think about becoming an entrepreneur.

3. Idea Generation Contest Method: (For Building out of Box Thinking Skills) Faculty members bring students together to brainstorm and ask them to brainstorm/generate an idea to launch a new product or service that is not available in the market.

4. Business plan method: (For Building Holistic Planning Skills) Students are advised by their faculty members to prepare a business plan on the business idea that interests them. Students prepare a Word file to describe their proposed business idea. They also prepare an Excel file to prepare the projected financial statements. Students prepare a PowerPoint presentation to explain their business idea using a multimedia projector.

5. Simulation method: (To build problem-solving skills) Faculty members use the business simulation method to create a real-life situation where students learn how to solve business problems in a simulated environment.

6. Project management method: (To develop project management skills) Faculty members use the project planning method using Microsoft Project software so that students can learn the intricacies of project management to maximize output and minimize input with the aim of optimizing resources and maximizing productivity.

7. Project design method: (For building design skills) Faculty members use the design project method in which they assign a design project to an individual or group of students to hone their design skills.

8. Digital Marketing Project Method: (To develop digital marketing skills). Students are given a digital marketing project with the aim of enabling them to use the various social media marketing and digital marketing channels to maximize the sale of products and services. It helps students develop their digital marketing skills.

9. Method of developing mission, vision, goals and objectives: (To develop goal setting skills) Students are trained to develop and storyboard the mission, vision, goals and objectives of the proposed organization. This enables students to set goals for different functional departments, teams, and individuals, which ultimately contributes to the achievement of organizational goals and objectives.

10. IT project method: (For building IT skills) Students are assigned a multidimensional IT project in which they are required to plan, implement and control all aspects of IT functions including hardware, software, networks, website, social media marketing, digital marketing, etc. .

11. Communication attribution method: (To develop communication skills) Students receive several assignments relating to verbal/non-verbal, oral/written methods with the aim of developing their oral and written communication skills.

12. Method of managerial games: (For Building Managerial Skills) The faculty members develop various management games to develop the managerial skills of the students. Students playing the games are able to develop their management skills in planning, organizing, staffing, directing and controlling.

13. Accounting and financial modeling method: (For financial and accounting skills building) Students have the opportunity to learn about finance and accounting through financial modeling using a spreadsheet like Excel. This allows the student to learn finance and accounting.

Conclusion

To sum up, faculty members should adopt various methods mentioned above to develop the entrepreneurial skills of students to enable them to become a successful entrepreneur in their lives.

Warning: The views expressed in the article above are those of the authors and do not necessarily represent or reflect the views of this publishing house. Unless otherwise indicated, the author writes in a personal capacity. They are not intended and should not be taken to represent the official ideas, attitudes or policies of any agency or institution.


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NFTE offers a free course on entrepreneurship https://shiawase-win.com/nfte-offers-a-free-course-on-entrepreneurship/ Sun, 12 Jul 2020 07:00:00 +0000 https://shiawase-win.com/nfte-offers-a-free-course-on-entrepreneurship/ WEST MICHIGAN – Network for Teaching Entrepreneurship, or NFTE, is offering a free two-week online course for anyone considering a new direction in their career. Under normal circumstances, NFTE works with school districts around the world to educate young people on the basics of entrepreneurship education, explained NFTE President and CEO Dr. JD LaRock. “Any […]]]>

WEST MICHIGAN – Network for Teaching Entrepreneurship, or NFTE, is offering a free two-week online course for anyone considering a new direction in their career.

Under normal circumstances, NFTE works with school districts around the world to educate young people on the basics of entrepreneurship education, explained NFTE President and CEO Dr. JD LaRock.

“Any idea can be developed, and we believe everyone has the ability to be an entrepreneur,” Dr. LaRock said. “The process of figuring out how to become an entrepreneur really starts with identifying a business idea that resonates with you, then it proceeds to research that idea and develop it.”

Dr. LaRock says the NFTE has shifted its focus a bit and summarized it for people who are out of work or just looking to pivot due to the pandemic.

“Maybe there’s a business idea they’ve always had in mind that they’d like to share with the world, that’s meant to help them out,” Dr. LaRock said.

The course features videos, interactive assessments, and offers exercises on building a business, all completely free in a self-paced online course.

Dr. LaRock adds that this course can help ordinary workers become better workers, whether or not they plan to start their own business.

“Often, entrepreneurship is necessary to become a successful employee within a company, even if you are not an entrepreneur per se. I’m talking about things like communication, critical thinking, problem solving, the ability to assess and manage risk,” Dr. LaRock added.

For more information or to register for the course, go to nfte.com and search for “career boost”.

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