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1 www. youngenterprise.org.nz Term 3 2013 Leaders in enterprise and financial education How YES changed my life It’s Business Time – Free teacher conference 2014 BP Business Challenge Photo gallery from Enterprise in Action Resource Review – Market Share

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Page 1: Enterprise Matters Magazine - Term 3 2013

1www. youngenterprise.org.nz

Term 3 2013

Leaders in enterprise and financial education

How YES changed my lifeIt’s Business Time – Free teacher conference2014 BP Business ChallengePhoto gallery from Enterprise in ActionResource Review – Market Share

Page 2: Enterprise Matters Magazine - Term 3 2013

www.youngenterprise.org.nz2

CONTENTSTalking about enterprise

¯ CEO Terry Shubkin

Headline News ¯ BP Business Challenge 2014 registration

of interest What to do if you miss one of our ¯AWESOME webinars Welcome Marion and best wishes Lucy ¯Money week ¯

Student Success

Enterprise in Action ¯

Feature

How YES changed my life ¯

Programme News

YES Update: YE Certificate Credit Inclusion ¯International programmes ¯

Competition CornerYoung Enterprise Start-Up Company of ¯

the Year Competition

Connecting business with schools

¯ NZ Business Hall of Fame speech by Darren Ritchie

Resource Review

Important Dates

The close

Visit www.enterprisematters.org.nz Subscribe to Enterprise Matters for Free & receive your own copy four times a year

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Inspiring, Educating &Transforming students through enterprise experiences

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Charities Commission Registration

Number: CC21103

Editorial Content Paul Newsom

Contact Paul on 04 570 3984 or

[email protected]

Address Young Enterprise Trust,

Level 2, iPayroll House, PO Box 25 525,

Wellington, NZ

www.youngenterprise.org.nz

Art Director Jodi Olsson

Publisher Espire Media Po Box 137162,

Parnell, Auckland 1151

Enquiries: Phone Richard on 09 522 7257

or email [email protected]

ISSN 1177-875X

We talk about the need to create life-long learners in our young people, but sometimes in the

pursuit of helping to educate others we forget to educate ourselves. It is easy when life gets busy to put your own personal development on the back burner. Work demands coupled with family commitments mean that often the thing that takes a back seat is our own well-being.

Learning does more than just make life more fulfilling. Professional development keeps you at the front of your game. It makes you a better leader, a better employee, a better teacher.

Sometimes a course can give you new skills; other times it can reinforce skills and knowledge that you already have. In many situations, professional development can also include the sharing of experiences amongst the participants effectively creating a mutual learning experience.

This is one of the reasons why I am so excited to announce It’s Business Time 2013, a free Business Studies Professional Development conference in December. This is a new initiative for us and has been created in response to demands we have heard from teachers around the country.

Recognising that schools are increasingly struggling from tight budgets and that this affects the PD budget, we are making this conference free to attend by seeking sponsors to cover the costs.

Aimed at Business Studies teachers and HoDs, this is an opportunity to learn while networking with other teachers and HoDs from around the country. The conference is focused on helping teachers to improve student achievement in Business Studies. The conference will feature sessions in three key areas:

Best practice examples and •advice from NZQA, with sessions from the National Assessment Moderator for Accounting and Business Studies;

Current Business Studies teachers •sharing their knowledge and resources with a focus on the Business Studies Achievement Standards; and

Case studies from prominent NZ •entrepreneurs such as Sarah Gibbs (Trilogy), Rhys Faleafa (Huffer) Sam Johnson (Student Volunteer Army), and Rod Drury (Xero).

We know how dedicated teachers are and how much they do to help others. This conference is our small way of helping to contribute back to the teaching community.

And with all this talk about importance of being a lifelong learner, I am off to look for a professional development course for myself!

TALKINGABOUTENTERPRISECEO Terry Shubkin

This is a GREEN MAG, created and distrib-uted without the use of paper so it's envi-ronmentally friendly. Please think before

you print. Thank you!

Enterprise Matters is a publication of the Young Enterprise Trust

Inspiring, Educating &Transforming students through enterprise experiences

Cover photo: Darren Ritchie, 2013 YES Student Ambassador, speaking at the Business Hall of Fame.

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BP Business Challenge 2014 registration of interest Registration of interest for the 2014 BP Business Challenge is open now.

The BP Business Challenge is a unique three day experiential learning programme that develops skills, understandings and attitudes about how a successful business operates, and connects students with their local business community.

HEAdLINENEwS

In 2014, the programme will be run in 45 schools around the country, with up to 80 students participating at each school. The programme will be offered to students in Year 11 or above. If funding permits, we may be able to offer the BP Business Challenge to Year 10 students.

You can read more about the programme here. We encourage you to consider combining with other schools for the Business Challenge. We know this works well; the students enjoy the experience and more schools get to participate. To register your interest, go to: www.youngenterprise.org.nz/?p=1347 and complete the online registration form.

Hurry, registration of interest closes on Friday 13th September. Selected schools will be advised by Friday 25th October.

what to do if you miss one of our AwESOME webinars Our webinars are for you so it’s really important to us that you can access them either live or later on when it suits you.

Even if you know you can’t make a webinar at its live time, please register through our website anyway. When you’re registered you will be sent a link for both the live webinar and then another link after the webinar so that you can listen to it at your convenience.

If you haven’t managed to register for a webinar you really want to listen to – don’t worry. Just contact one of our friendly team members at: [email protected] and they will send you an internet link to the webinar and you can watch it and listen to it from there.

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welcome Marion and best wishes Lucy Our Enterprise Education Advisor, Lucy Wymer, is taking maternity leave for term 3. We wish her and her family well and we look forward to the exciting news!

We are pleased to welcome Marion Holloway to our team. Marion will cover the role of Enterprise Education Advisor while Lucy is away. Marion will be familiar to many of you as the deserving recipient of the 2012 Sir James Fletcher Award for Outstanding Contribution to Enterprise. Marion is an experienced YES teacher who has worked with many successful teams at Opotiki college.

As part of our project with MPIA, Marion will be working with the Pasifika YES teams in Auckland.

Marion Holloway (right)

Tony and Shona Caughey, with the taonga presented to them by the Trust in recognition of Tony’s 21 years of service. Tony stepped down as Chairman of the

Trust at the end of May.

Money week Money Week will be held from 1-7 September this year.

Money Week is an annual event run by the Commission for Financial Literacy and Retirement Income. During Money Week a series of events that aim to motivate people to take stock of their personal money situation will be held across New Zealand. It’s a great opportunity to connect with your local community and teach your students about managing money in the

theme of ‘Spring Clean your Finances’.

Keep an eye on the Money Week website to find our resources and events taking place in your area. If you are planning an event, please register it on the events section of the website. Please register private events that are happening in your class/school also as this helps us to know what’s happening out there. You can also order collateral (posters and pens) from the Money

week website. ■

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If you are a current or prospective Business Studies teacher or HOD, this is the professional development conference for you.

Join us in Wellington for a FREE two-day conference devoted entirely to the business of Business Studies. We’ll help

you answer questions such as:

• What’s actually involved in the Teaching and Learning of Business Studies?

• What resources are available, and where do I get them from?

• How can I improve student achievement in Business Studies?

IT’S BUSINESS TIME is for current and prospective Business Studies teachers and Heads of Department as well as

Accounting and Economics teachers who want to include business studies in their classrooms.

The conference will feature:

• Best practice examples and advice from NZQA

• Business Studies teachers sharing their knowledge and resources, giving you confidence to deliver business studies

Achievement Standards.

• Case studies from prominent New Zealand entrepreneurs

Speakers include:

• Kanchan Bandyopadhyay, National Assessment Moderator for Accounting and Business

• Sam Johnson, Social Entrepreneur and Head of the Student Volunteer Army

• Rhys Faleafa, General Manager of Huffer

• Sarah Gibbs – co-founder of Trilogy skincare

and more – check out the schedule online for more info

EARLYBIRD PRIZE DRAW: Book by 27 September and go into the draw

to win a free night’s accommodation for the conference at Ibis Wellington,

including breakfast and complimentary bottle of wine.

Winner to be announced Monday 30 September.

LEARN • LEAD • ENGAGE A free Business Studies Professional Development ConferenceBUSINESS

TIME 2013

IT’S

11-12 December 2013: Shed 6 Conference Centre, Wellington

Brought to you by:

SEE YOU THERE: 11-12 December 2013: Shed 6 Conference Centre, Wellington Limited spaces available – to secure your place, visit www.businesstimenz.co.nz

LEARN • LEAD • ENGAGE A free Business Studies Professional Development Conference

BUSINESSTIME 2013

IT’S

11-12 December 2013: Shed 6 Conference Centre, Wellington

If you are a current or prospective Business Studies teacher, this is the professional development conference for you.

FREE two-day conference devoted entirely to the business of Business Studies – featuring sessions from:

• Kanchan Bandyopadhyay, National Assessment Moderator for Accounting and Business

• Sam Johnson, Social Entrepreneur and Head of the Student Volunteer Army

• Rhys Faleafa, General Manager of Huffer

• Sarah Gibbs – co-founder of Trilogy skincare

and more – check out the schedule online for more info

SEE YOU THERE: 11-12 December 2013: Shed 6 Conference Centre, Wellington

Brought to you by:

Limited spaces available – to secure your place, visit:www.businesstimenz.co.nz

BOOK NOW and be in to WIN!

Kanchan Bandyopadhyay Sam Johnson Rhys Faleafa Sarah Gibbs

Page 7: Enterprise Matters Magazine - Term 3 2013

LEARN • LEAD • ENGAGE A free Business Studies Professional Development Conference

BUSINESSTIME 2013

IT’S

11-12 December 2013: Shed 6 Conference Centre, Wellington

If you are a current or prospective Business Studies teacher, this is the professional development conference for you.

FREE two-day conference devoted entirely to the business of Business Studies – featuring sessions from:

• Kanchan Bandyopadhyay, National Assessment Moderator for Accounting and Business

• Sam Johnson, Social Entrepreneur and Head of the Student Volunteer Army

• Rhys Faleafa, General Manager of Huffer

• Sarah Gibbs – co-founder of Trilogy skincare

and more – check out the schedule online for more info

SEE YOU THERE: 11-12 December 2013: Shed 6 Conference Centre, Wellington

Brought to you by:

Limited spaces available – to secure your place, visit:www.businesstimenz.co.nz

BOOK NOW and be in to WIN!

Kanchan Bandyopadhyay Sam Johnson Rhys Faleafa Sarah Gibbs

Page 8: Enterprise Matters Magazine - Term 3 2013

8 www.youngenterprise.org.nz

STUdENTSUCCESS

Each year, we bring together 80 YES students from around the country to take part in an event called Enterprise in Action. This is a full on weekend where students work in teams and take on two amazing international challenges. The weekend is made possible with the generous support of Massey University, FedEx and New Zealand Trade & Enterprise.

In the Global Enterprise Challenge, Team New Zealand (aka Team Warehouse Stationery) took out the title of Regional Winner: Asia Pacific. They narrowly missed out to the USA for the global title. Well done Team New Zealand!

Team Telecom were the winners of the NZ heat of the FedEx JA International Trade Challenge.

Team Just Water

Team Warehouse Stationery

Team Ateed

Team Telecom

Team Xero

Team Mighty Ape

Enterprise in Action

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FedEX Express sponsors six YES students to represent NZ at the International Trade Challenge in Hong Kong in August. Well done to them

“Throughout the weekend we each learnt skills that we can take back to our own Young Enterprise Businesses and to our lives; we learnt how to write extremely succinct business plans, to speak confidently and to use analytical as well as creative skills in a business environment.

Enterprise in Action was also so motivating and inspirational. Before the event I had been unsure what I wanted to do at university and where I would go, but the support of the EiA team and experience of the event made me sure that there is a place in the business world for me. This event has made me so much more confident in my abilities and it is hard to explain just how comfortable I felt in the competition – just how much I enjoyed the challenges. I really felt like this is something I would love to spend my life doing!”

- Loren McCarthy, CEO Soar Enterprise, Tauranga Girls College, and member of Team NZ FedEx/JA ITC 2013.

Darren Ritchie from Mt Hutt College was selected to be the YES student Ambassador for 2013. Darren will represent all YES students and give the closing speech at the Fairfax Media NZ Business Hall of Fame gala dinner on 31st July. Darren also receives a scholarship from the Harvard Business School Alumni Association of NZ. Watch the video from Enterprise in Action here ■

Loren McCarthy

Team NZICA

Team Icehouse

Team KPMG

Team Beca

Left to right Emily Vriens from Orewa College (Team NZICA), Darren Ritchie from Mt Hutt College (Team Warehouse Stationery), Samantha Scott from Taradale High School (Team Might Ape), Lee Davies, Country Manager, FedEx NZ, James Rankin from Westlake Boys’ High School (Team The Icehouse), James Pearce from Westlake Boys’ High School (Team Telecom), Loren McCarthy from Tauranga Girls’ College (Team KPMG)

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FEATUREHow YES changed my life

compromise with physics and the Young Enterprise Scheme.

So there I was in the YES class, and straight away I’m loving it. It was practical and I was making decisions and making mistakes having been been thrown into a place that forced me to think.

All of a sudden, I was excited to go to school and I was excited to go to class. I was constantly thinking of the business and how to make it better, because I had a real investment in the company and what could happen and the outcome.

Meg Bartle did YES at New Plymouth Girls’ High School in 2009 and 2010. She is now

a third year student at Victoria University studying a commerce degree with majors in Marketing, International Business and Economics. A few years ago Meg hated school and thought University was not for her. Here she tells her story of how the Young Enterprise Scheme changed things:

“I have been saying it ever since I took part in YES, and I say it to anybody who will listen. Before I took part in the Young Enterprise Scheme, I was lost. I hesitate to use the word lost simply because, well it’s long ago and I don’t think I’d actually thought of my future much at all. I didn’t know what I wanted to do or what I saw myself doing for a career. What I did know was that University was not for me. It sounds so silly now because now that I’m here I can’t imagine doing anything else.

I hated school. I remember sitting there in assembly one day and saw all the people doing YES on stage, who loved it and talked about it and they were so happy. I thought there really must be something to this. So I sat down with Dad. And we actually argued about it. He wanted me to take sciences and accounting, and economics, and here I was fighting for something I didn’t even know anything about.

Dad had this theory that I was going to be a physician, or some sort of civil engineer, and that once I took the subject I would love it. We came to a

I was surrounded by really cool people whom were so alike but at the same time so different from who I am, and we all shared this love for what we were doing and what we had created.

My team’s product was a collaborative CD of short stories, and it involved communication with some of New Zealand’s best loved authors such as Witi Ihimaera, David Hill and Patricia Grace. It was while I was thinking about how to market the product that I really sat back, and realised ‘whoa, ya know, this is what I really want to do’.

Meg Bartle

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And so the next year, I actually stepped down from my CEO position and decided to focus on marketing. So many things about it, how do we get people interested and how will they even know about it and what sorts of things attract what kind of customers — all of these things resulted in a student who knew what she wanted to do with her life.

The biggest thing I gained from the Young Enterprise Scheme — and I genuinely believe this applies to a lot of other YES students — is perspective. I learned to think in a whole new way and I saw about a thousand doors open all at once. The experience really taught me that it doesn’t matter what you think you know, there is always going to be something else out there enticing you, and getting stuck inside your head. I kind of found myself and really, the YES programme was the difference between me dropping out of high school, and finding a real passion.

My YES teacher was Kim Jennings, who won YES teacher of the year at Nationals in 2010. She was, and still is, everything you could ask for in a young enterprise teacher; supportive, encouraging and a true believer in the scheme. My mentor was Virginia Winder, a journalist and writer based in New Plymouth. She, like Kim, gave incredible support — Aotearoa Audio would definitely not have been so successful without the help of these two incredible women.

Now, I’m a hop, a skip and a jump away from finishing my degree. While I still don’t know exactly what I want to do when I graduate, I have dreams and I have aspirations and a general direction that I want my life to head in. I directly attribute my decision to go to university to my participation in YES. I have never regretted my decision to drop chemistry, and fortunately, neither has my Dad.”

You can watch Meg’s interview on the YES alumni website.

Meg’s teacher at NPGHS, Kim Jennings, shared with us this reflection on what difference the Young Enterprise Scheme can make for students:

“Being a teacher of YES provides challenges and opportunities that don’t arise in other subjects. Teachers are able to work closely with their students and help them to develop their confidence and skills in a wide range of business related areas. It is wonderful watching students flourish in a group situation and for groups to develop cohesively and move forward successfully together.

So many of my YES students over the last ten plus years have said to me that their YES journey has been the highlight of their year at school. YES has also changed the direction many of my students have taken post school and they usually report back how grateful they are for having the opportunity to take part in the YES course while at school.” ■

The biggest thing I gained from the Young Enterprise Scheme, and

I genuinely believe this applies to a lot of other YES students, is

perspective. I learned to think in a whole new way and I saw about a

thousand doors open all at once...I kind of found myself and really, the YES programme was the difference

between me dropping out of high school, and finding a real passion.

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YES Update: YE Certificate Credit Inclusion Lion Foundation Young Enterprise Scheme NZQA have confirmed that the YE Certificate qualification credit inclusion has been rolled over for the 2014 school academic year. YE certificate is recognised for 24 credits at level 3 until March 2015.

Don’t forget that your school will need to apply for credit inclusion after NCEA results are released, and you can only apply for the credit inclusion if students need these credits to achieve NCEA. The application form and details of the process are in the Resource Centre.

Please note that the common entry requirements for NZ universities is changing and any NCEA credits achieved through credit pathways other than achievement standards will not meet the common entrance standard for students applying for the 2015 academic year. Ask your Principal’s Nominees for more information.

PROGRAMMENEwS

International Programmes YES Pilot in the Cook Islands A packed audience of community leaders, business people, family and friends gathered in anticipation at Crown Resort for the first “Dragons’ Den” in the Cook Islands this June.

The judging panel of dragons was led by NZ High Commissioner John Carter who was joined by Ministry of Education Secretary, Sharyn Paio; Local business owner, Steve Anderson; ANZ Chief Executive, David Dennis and Energy Commissioner, Roger de Bray.

The students were passionate,

professional and polished and the Dragons’ Den panellists were really impressed with the business planning that the students had achieved so far.

The Year 13 business studies class from Tereora College has formed three companies; Island Beauties (drawing on a traditional Cook Islands recipe for an oil to reduce the appearance of stretch marks); PolyStarz (producing clothing for local teenagers) and Teenage Dream (making jandals with local designs).

Each team was successful in winning investment funding from the panel and Teenage Dream took out the title of “ANZ Cook Islands Dragons’ Den Winner”. ANZ sponsor representative David Dennis commented “I can see that the future of the business community is in good hands”.

The YES pilot in the Cook Islands is being managed by Young Enterprise Trust with funding through NZ Aid from the Ministry of Foreign Affairs and Trade.

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COMPETITION CORNER

Young Enterprise Start-Up Company of the Year Competition If your students have completed the Business Studies Achievement Standard 90842 you should consider entering them in the Start-Up Company of the Year Competition. To enter, the students will have to send in a Review Submission.

The purpose of a Review Submission is to communicate the progress of the company to external parties. Whereas the Business Plan explained what students intended to happen to their

company, the Review explains what has actually happened. It should contain all the relevant pieces of information and be presented in a professional manner. Students should plan to have the review finished well before the competition closing date, so that someone outside the business can read it and check for errors.

You will need to send the entries in hard copy by mail (a soft copy is also required) and allow enough time to ensure it arrives at the Young Enterprise Trust offices in Wellington by 5pm Friday 27 September 2013. Allow 2 – 3 working days for it to arrive. The Review Submission must include the following documents and

must not exceed 6 single sided pages, excluding cover sheet:

Cover Sheet (download from the •Start-Up programme page on the our website)

Executive Summary (could be from •your Business Plan) 1 page only, no smaller than 10 size font

Company Review •

Financial Report•

Two members of the winning Start-Up company of the year will be invited to attend the National Awards in Wellington on December 11th, 2013. ■

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CONNECTING BUSINESSwITH SCHOOLS

The Fairfax Media NZ Business Hall of Fame was established in 1994 to recognise New

Zealanders who have made an outstanding contribution to business and society.

Darren Ritchie was chosen at the Enterprise in Action weekend as the Young Enterprise Ambassador for the 2013 NZ Business Hall of Fame.

In his speech, Darren eloquently explained why there needs to be a better connection between business and youth.

“Youth now love luxury, They have questionable manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their

parents, chatter before company; gobble up their food and tyrannise their teachers.’

I am sure that many of you would agree that this is true of the youth of today. However this is not a new occurrence. This quote from Socrates is almost 2000 years old. All these apparently negative characteristics define youth. They are what allow us to be the innovators, thinkers and business leaders of tomorrow.

However, for the youth of today, there is a new problem coming over the horizon.

We now live in a world of unlimited information. Imagine for a second that you're carrying a backpack. And I want you to imagine packing this backpack with all the information you receive over the course of your life. You start filling it up — you should feel it getting pretty heavy now. But what if you keep on filling the

backpack? You now start filling it with all the opportunities and all the possibilities that have come by you in your lifetime. You cram them all into this backpack. Now feel the weight of this bag, the straps cutting into your shoulders. It’s now almost impossible to move.

The youth of today are carrying exceptionally heavy backpacks.

With the advent of the internet and this digital era, with sophisticated search engines and social media, we have made accessing information as easy as lifting a finger. No longer do we have to make an effort to find the things we want. But I think what’s happening, particularly with youth, is that we have developed this amazing ability to find where to access all this information but not be able to recall the actual information by

Derek Handley

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ourselves. Digital technology and the internet have become a form of memory, where information is stored collectively outside of ourselves. And with this there are amazing possibilities but also some negative effects. No longer do we have to form an opinion ourselves – we can just Google for an opinion.

The possibilities and opportunities available to youth are mesmerising. But the burden of all this information creates inertia, and it stops us from moving forward. Competing interests, ideas and advice provide limitless pathways but fail to give us direction. This is where I ask for your help. You can help us consolidate and break free of this information overload.

As business people you have had years of experience filtering and prioritising information, and have had life experiences which have allowed you to create your own opinions and not take everything at face value. It is going to be important to help foster this critical thinking in our upcoming business people so that we can use this new information as an advantage and not let it hold us back.

As a young person living in New Zealand I believe that there is a gap between how the business world perceives us and how we perceive them. I think that this perception is in part due to the lack of exposure to one

another. This needs to be remedied.

We can all name people that have made a difference in our lives. I have been lucky enough to have had commerce teachers who have been able to relate what they have taught me in the class room to the real world. They have changed my perception of the business world from men in grey suits staring at numbers all day to something which has purpose and direction.

A few months ago I would never have thought that I would be a part of the Lion Foundation Young Enterprise Scheme, let alone standing here in front of you all. I was given the opportunity to attend an event in Auckland called Enterprise in Action and this brought 80 youth from throughout New Zealand together to compete in two international business competitions. Throughout the weekend we were tasked with creating businesses for specific tasks. We were inundated with information and we had endless ideas of what to do, but couldn't come up with a specific idea because of this. Luckily each team had a corporate mentor, mine being Warehouse Stationery. Having real business people to mentor us had an immensely positive effect and they helped us to channel our ideas and all this information effectively.

What I have learnt from these

experiences is that when there is an opportunity for the business world and youth to meet on common ground, this gap between the perceptions of one another closes. And this is what I ask you today to consider. A small investment of your time or your resources to get directly involved with youth, backing an important program like the Lion Foundation Young Enterprise Scheme or giving youth some exposure of the business world can make a significant impact.

You can make a difference. You can help ground youth and provide pathways to the future. You can play an important part in developing the innovators, thinkers and business leaders of tomorrow. I would like to congratulate the laureates who have been inducted into the business hall of fame tonight, both for their immense successes in their respective industries and also for inspiring and guiding our new business people into the future. I hope you all have had a wonderful evening, and in closing I would like to leave you a quote to consider:

‘A good leader inspires others with confidence; a great leader inspires them with confidence in themselves."

You can watch Darren’s speech on Stuff here . ■

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The game Market Share has been designed to help students interested in business to learn

more about building a profitable and sustainable business.

Developed locally and based around New Zealand Businesses, Market Share is a game of strategy, risk, skill and insight. It’s a game designed to help improve financial literacy and challenge your decision making. To succeed, players need to consider components such as risk management, budgeting, negotiation and cash flow.

During the game, players each develop their own office-products business operating in the New Zealand market place. They battle it out to gain market share by acquiring customers in a market of 64 companies. To do business with these customers, players must acquire resources throughout the game to meet

RESOURCEREVIEw

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SPONSORS & SUPPORTERS

Thanks to our fantastic sponsors and supporters. None of what you have seen in this magazine would be possible without them. If you would like to know more about how you can help, please go to www.youngenterprise.org.nz

demand. Resources are either human resources (the company staff ), or non-human resources (computers, vehicles, plant, showrooms and training) that enable the team to be effective.

The winner is the player who has earned and invested the most through acquisition of customers and resources. Business teacher Mary Kerrigan, of Aorere College, says “To see the students so engaged in the game was incredible. This is what learning business should be like — interactive, competitive and fun!”

Market Share provides understanding around business terms and concepts, and also links players to learning resources, books and online information to help them begin their journey of learning about building a successful business.

The game is ideally suited for 12 years and upwards, and the design allows students to play for one period, record their progress on their game sheet, and continue with the game on another day. It is a game where with more plays, students will develop strategies to enable them to make better and more

informed decisions.

Teacher Lyndsay Prendiville of Albany Junior High School tried the game with her Year 9 Consumer Economics class. “Although the concepts are sophisticated, the students were quick to encompass the ideas associated and by using the instructions and in consultation with each other, they were soon demonstrating strong entrepreneurial qualities. This product is a refreshing change from text book learning.”

To find out more, visit www. marketsharegame.co.nz

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IMPORTANTdATES

www.youngenterprise.org.nz

TEACHER PD WEBINARS – TERM 3Webinars run from 4:15pm - 5:00pm. Please check when you register.

Watch your inbox for your invitations to register for these Webinars, or email [email protected] detailing which webinar(s) you would like to attend.

Friday 13 September: Registration of interest for BP Business Challenge closes

Friday 13 September: Competition entries for Community Enterprise close

Friday 27 September: Competition entries for Young Enterprise Start up Company of the Year close

Thursday 14 November: Competition entries for Dairy NZ Get Ahead Challenge close

Friday 29 November: PrEP competitions close 11-12 December: It’s Business Time Conference, Wellington

11 December: National Awards, Wellington

Young Enterprise Scheme Trade Fairs are happening through August and September.Check with your local regional YES co-ordinator for dates and locations of your event.

Date Webinar Relevant to Programme

Teacher Student For Year Level

Tuesday 20 August 2013 Writing your Annual Review – a guide for students and teachers

Young Enterprise Scheme

• •12-13

Wednesday 4 September 2013

Assessment completion for AS 2.6 & 3.6, ‘Carry out a business activity’

Young Enterprise Scheme

• •12-13

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19

Visit www.youngenterprise.org.nz Subscribe to Enterprise Matters for Free & receive your own copy four times a year

“Tell me and I forget. Teach me and I remember.

Involve me and I learn.Benjamin Franklin

THE CLOSE

www. youngenterprise.org.nz