1. Solent Capital Compass Model September 2013 Solent Capital Compass Model Rosy Jones & Richard Sant 12th September 2013

2. AGCAS Enterprise and Entrepreneurship Task Group Survey Q.2 - Where is the overall responsibility for supporting student enterprise and entrepreneurship owned? (85 respondents) 54% across more than one department 38% across one department 8% not supported / not sure Careers Services mentioned 45 times Business School/ Academic Dept. mentioned 30 times, Enterprise Unit mentioned 20 times – More Careers Services tuned into this than expected

3. 4 Reasons for integration Financial (HEIF issues) Strategic (rationalisation) Theme (work related) But where is the theoretical rationale?

4. Beyond the Standard Model

5. Towards the Grand Unified Theory

6. Two Outputs Unified Theory Careers and Enterprise Employability model Employability Culture

7. Parallel Histories CAREERSENTERPRISE Instrumentalist Approaches Skills and Attributes (CVs Applications) Entrepreneurship (business plans) Broader ApproachesEDGE (emotional Intelligence) USEM (self efficacy) Enterprise (Entrepreneurial Self Efficacy, Locus of Control, intention) Cognitive Approaches MetacognitionEffectuation

8. Criteria for a new model Builds on common themes Student Centred Addresses the WP agenda Can be recognised by employers

9. Enter left…Sociology Bordieu (different forms of capital) Social mobility Aspiration raising Confidence raising

10. The Solent Capital Compass model of experience, skills and competencies required for graduate employability The Solent Capital Compass Model May 2013

11. Definitions Area of ConfidenceDefinitionHow can I develop this area? Self-Awareness To be aware of your own strengths and weaknesses is an important part of applying for jobs. Often you will be asked in interview to talk about your strengths, and even to identify a weakness. Strengths might include being a good communicator, having leadership skills, or being a good problem solver for example. Log on to Career Box on MyCourse. The first section is “Self Awareness” where you will find lots of self-tests and learning tools. Opportunity Analysis Knowing what opportunities are out there for graduates, and especially graduates from your discipline is one for the first steps in managing your career. In many cases employers are looking for graduates from any discipline so understanding the opportunities can open up possibilities you may not have thought of before. Go to the Student Information Centre and discuss your options with one of the advisors there. Alternatively, logon to Career Box “Options and Opportunities” or “Course Focus to investigate your options Career Decision Making This is about focus. At some point when you have made a realistic appraisal of the opportunities available to you it will be time to narrow down your focus and make some decisions about which path or paths you want to pursue. Log on to Career Box on MyCourse and use the “Making Decisions” materials CVs and applications Making the transition from university into your career involves the important skills around CV writing, applications, and interview techniques. Getting this part right is about making sure you stand out to your prospective employer. Book yourself a mock interview with a careers advisor. Look up the booklet “Applications for Success” on the Careers tab on the Portal Personal Skills Being able to show that you can manage your time effectively, solve complex problems, and generate ideas are important skills that employers are looking for. It will be important for you to identify which ones you are best at and find some examples too. Check out www.mindtools.com for ideas and tools to help you develop your personal skillswww.mindtools.com Inter personal Skills Working with other people is part and parcel of most working environments. Before an organisation will take you on they may ask you for examples of your ability to work with others, communicate well, and be a team player. Check out www.belbin.com and look at the team role descriptions to identify your team working style.www.belbin.com Employability and Enterprise February 2013 Digital Skills Not only do you need to be able to be confident in using word processing and spread sheet office technologies but understanding the increasing business use of social media has become just as important. Log on to: Mycourse.solent.ac.uk/socialmedia- help Industry Knowledge Once you have identified the industry or type of organisation you would like to work in its important to understand how that industry works and the kind of skills it requires. These knowledge and skills may come from your course, from your work experience, and from your research. Log on to www.prospects..ac.uk and check out the ‘job sectors’ tab to understand your industry better.www.prospects..ac.uk Experience Having work experience on your CV will give you a big advantage when looking for work. This may be short or long and can be industry related or general. The important thing is to have some and to be able to explain what you learned from it. Log on to Graduate Jobs South and the jobs dashboard on the portal and apply for one of the job opportunities listed there. Or Volunteer for an organisation that will build your experience Enterprise Quite a number of students will undertake freelance work, or pursue a business idea upon graduation. A larger number still will be working in small or micro enterprises. If this describes you then you need to have some understanding of enterprise If you are interested in the idea of self- employment book an interview with our enterprise advisor at the Student information centre or drop into Re:So or Solent Creatives for freelancing. Social Capital A large proportion of jobs in today’s market are gained through contacts and referrals. Expanding your number of professional contacts can be very beneficial in finding work opportunities. Get yourself a LinkedIn profile and see if you can make contact with some recent graduates from your course Psychological CapitalMaking the transition from university to work can be a demanding experience. Making sure you develop the resilience and confidence to aim high and ride through the setbacks will put you in a good position to succeed in the career you are aiming for. Find yourself a mentor, especially one from the industry you want to get in to. Join the Mentoring+ programme (details on the Careers tab) You could track down a recent graduate from your course on LinkedIn Area of ConfidenceDefinitionHow can I develop this area? Richard Sant and Rosy Jones, February 2013 Employability and Enterprise © Southampton Solent University

12. Theory and Research Chen, D.Q., Lim, V.K.G. (2012). Strength in Adversity: The influence of psychological capital on job search. Journal of Organizational Behaviour. 33(811-839 Bourdieu, P. (1986). The Forms of Capital. In J.Richardson (Ed.) Handbook of Theory and Research for the Sociology of Education. New York: Greenwood. Pp241-258 Gibb, A.A. (1999) 'Creating an Entrepreneurial Culture in Support of SMEs' Small Enterprise Development. Small Enterprise Development. Vol.10. No.4. pp 27-38 Halpern, D. (2005). Social Capital. Malden, MA: Polity Lin, N., Erickson, B.H. (2008). Social Capital: An International Research Program, Oxford: Oxford University Press. Luthans, F., Yousef C.M., Avolio B (2007). Psychological Capital: Developing the human competitive edge, New York, NY: Oxford University Press. Fugate, M., Kinicki, A.J., Ashforth, B.E. (2004) Employability: A Psycho-social construct, its dimensions, and applications. Journal of Vocational Behavior 65 pp14-38 Tomlinson, M. (2007) Graduate Employability and student attitudes and orientations to the labour market. Journal of Education and Work 20(4): 285-304 Tomlinson, M.B. (2012) Graduate Employability: A review of conceptual and empirical themes. Higher Education Policy 25, 407- 431 Sarasvathy, S.D. (2001) Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency. Academy of Management. 26(2) Van der Gaag, M.P.J. & Snijders, T.A.B. (2005) The Resource Generator: measurement of individual social capital with concrete items. Social Networks 27:1-29. York, M., Knight, P. (2006) Embedding employability into the curriculum. HEA Learning and Employability Series One York, M. (2006 reprint). Employability in Higher Education– what it is, what it is not. HEA Learning and Employability Series One Employability and Enterprise May 2013

13. A pause for thoughts and questions

14. Enterprise Exegesis on Capital model

15. Volunteering Exegesis on Capital model

16. Measurement – The ESE test

17. Position & Resource Generators Presentation Name December 05

18. Developing Social and Psychological Capital in the curriculum Peer to peer Industry Mentoring Alumni Linked in Top 300 relationship management Real World Learning Involvement of professional bodies where possible

19. How could you use this?

20. ANY QUESTIONS? rosy.jones@solent.ac.ukrosy.jones@solent.ac.uk richard.sant@solent.ac.ukrichard.sant@solent.ac.uk