How we Run a Successful Enterprise Club
Introductions Carl Hunt – Head of Business Studies and Economics at Dubai English Speaking College Matthew Davies – Teacher of Business Studies and Economics at Dubai English Speaking College
Objectives Enterprise opportunity Nurture entrepreneurial skills Provide a context for academic content Ignite interest/passion Identify reward – financial/non-financial Build learning and thinking skills
Generating Ideas Often tricky! – Use practical tasks to stimulate creativity – Brainstorming – Start simple but not too simple! – Growth and diversification/extension potential
Previous Successful Ideas Memory sticks Soap Sensations Record Clocks Gramophone
Generating Ideas Task Use the resources on your tables to create a product.
Tasks Create a new children’s toy (8 mins) Create a brand name (2 mins) Create an extension strategy (3 mins) Present your idea
Fund Raising Doughnuts Bake sale Events – Disco Sponsorship Donations Book sale Concert Fashion show Auction
Practicalities of Running a Young Enterprise Club Launch the opportunity to be a part of Young Enterprise Establish roles within the company – Managing Director – Finance Director – Company Secretary – Marketing Director – ICT Director – Operations Director – Purchaser
Practicalities of Running a Young Enterprise Club Retail opportunities – Parents’ Evenings – School productions – School events – Local markets – Safa Park, School Fetes, Craft fairs, Festivals
Practicalities of Running a Young Enterprise Club Meetings – Formal – Agenda – Minutes – Name plates – Board room layout Finance – Fund raising for start-up – Donations – Charity support
End of Trading Evaluation Trading Report (sourced by director/staff) Profit and Loss Account Balance Sheet Legacy – Trophy/plaque
Planning for Your Young Enterprise Produce a marketing proposal for Young Enterprise Club at your school
Mapping to the Curriculum Marketing (Art, Media, English, Geography, ICT, Drama) Finance (Maths, ICT) Generating Business Ideas (PSHE, DT, Art) Sales (Drama, English, Media) Operations (Maths, DT, ICT) Human Resources (Business, Law, Psychology, Sociology, Politics)
How we use Dragons’ Den to Inspire Young Business Minds
Introductions Carl Hunt – Head of Business Studies and Economics at Dubai English Speaking College Matthew Davies – Teacher of Business Studies and Economics at Dubai English Speaking College
Background Based on the successful BBC TV show Involving Year 10 & 12 students Teams of 4-6 students representing school houses Dragons with entrepreneurial pedigree
Scenarios Marketing Dubai in the recession Marketing DESC Marketing Expo 2020
Dragons Local entrepreneurs High credibility Familiar with context of show Understanding of student capabilities
Dragons Mrs Drury – Expat Woman Mr Qavi – Biryani Express Mr McAuley – Jumeirah Group
Developing “Soft Skills” Time management Team working Problem solving Working with limited resources Empathising with others Developing an argument Negotiating
Actually “Hard Skills” Time management Team working Problem solving Working with limited resources Empathising with others Developing an argument Negotiating
Your Pitch Marketing Your School to us