Enterprise Matters

Leaders in enterprise and financial education

Term 3 2012

YES student ambassador inspires business leaders Webinars: We are bringing PD into your own office Young Enterprise Start-up programme launch Money Week events Enterprise in Action photo gallery www. youngenterprise.org.nz

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CONTENTS

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Talking about enterprise ¯¯ CEO Terry Shubkin

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Headline News ¯¯ Come and see us at NZ-ED show ¯¯ Wellington YES team win $10,000 ¯¯ Trust events for Money Week & More

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Inspiring, Educating

&

students through Transforming

enterprise experiences

Student Success ¯¯ Enterprise in Action weekend ¯¯ BusinessNZ Challenge on the road

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Feature ¯¯ Webinars

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Programme News ¯¯ Primary Programmes ¯¯ Secondary Enterprise ¯¯ Lion Foundation Young Enterprise Scheme ¯¯ Financial Education ¯¯ BusinessNZ Challenge

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Connecting business with schools ¯¯ A speech by Isabella Morris, YES student ambassador

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Important Dates

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The close

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

TALKINGABOUT ENTERPRISE CEO Terry Shubkin

W Enterprise Matters is a publication of the Young Enterprise Trust Charities Commission Registration Number: CC21103 Editorial Content Paul Newsom Contact Paul on 04 570 3984 or paul.newsom@youngenterprise.org.nz Address Young Enterprise Trust, First Floor, 66-70 Bloomfield Terrace, PO Box 31545, Lower Hutt 5010, NZ

www.youngenterprise.org.nz Art Director Jodi Olsson Publisher Espire Media Po Box 137162, Parnell, Auckland 1151 Enquiries: Phone Alastair on 09 522 7257 or email alastairn@espiremedia.com is a GREEN MAG, ISSN This 1177-875X created and distributed without the use of paper so it's environmentally friendly.

Please think before you print. Thank you!

Cover picture: Isabella Morris, Tauranga Girls College. YES Ambassador at the 2012 Fairfax Media NZ Business Hall of Fame.

e often refer to our role as being one to educate, transform and inspire young people. But it never ceases to amaze me how much I personally get from spending time with our students around the country. Whether it is visiting a school running a PrEP market day, watching students from Aotea College present to my Supporters’ Council on their experience with the DairyNZ Challenge last year, or spending the weekend with 81 amazing YES students at our Enterprise in Action weekend….each and every experience leaves me completely inspired and confident in the next generation. I consider myself blessed to be in a position to see such talent in our younger generation and it is unfortunate that many others do not.

hosted by the Governor General. Each Laureate had a story of success and a story of philanthropy. It was a truly inspirational night.

There’s been a lot of talk recently about the issue of youth unemployment.

Addressing the issue of youth unemployment is a difficult one but not a complicated one. To reduce youth unemployment, we need 1) more jobs, 2) engaged youth who want to work and 3) those youth need to have the skills employers are looking for. In other words, we need more enterprising young people.

And for those young people, we need more positive role models for them to aspire to.

We are pleased to be one of the organisations named as part of this project and delighted that they see the importance of practical enterprise, entrepreneurship and financial literacy programmes in creating a strong community. The idea of supporting your community is not something new. It is something that I believe today’s youth embrace at a far younger age than my generation who often waited till we were in a stronger financial position to give back.

This is one of the reasons that back in 1994 we launched the NZ Business Hall of Fame. Those that are inducted each represent people from all backgrounds who have gone on to do great things. But, it’s not just successful business people we look to induct; we are looking for successful citizens. This means that in addition to their business achievements, they need to have also significantly contributed to their community. At the end of June, we inducted six new Laureates into the Hall at a gala dinner

The idea of business people becoming philanthropists was given a new boost with the recent announcement from the Glenn Family Foundation. Successful businessman Owen Glenn has pledged $80 million to help fight domestic violence and child abuse, starting with an $8 million pilot in Otara. They are looking at a whole-of-community approach and supporting NGOs that can help to build strong communities, recognising that this leads to less crime, safer streets, less domestic violence and children that are safe from abuse and harm.

From the stories of the Student Volunteer Army to the numerous YES companies that donate part or all of their proceeds to charity – today’s students can be a role model to the older generations.

It’s not something that has to wait till you have the time or money. Giving back is part of being a good citizen. It should and can be done in conjunction with your business, career or personal aspirations.

www. youngenterprise.org.nz

HeadlineNews Come and see us at NZ-ED show NZ-ED SHOW is a new education expo to showcase and support New Zealand education at all levels from early childhood

CEO Zarra Houpapa said they will be investing some of the prize money back into the company – to cover costs such as production and marketing.

to tertiary. We will be presenting a series of six seminars on enterprise and financial

Trust events for Money Week

education for primary and secondary

The Commission for Financial Literacy

teachers. Come and see us on stand 2, right by the main entrance. Tickets are on sale now at http://nzedshow.co.nz/

and Retirement Income is developing New Zealand's first annual money week to help Kiwis learn about everyday money.

Events will be held around the country

Wellington YES team win $10,000 The ‘Guttered Enterprises’ YES team from Chilton St James have taken out the $10,000 first prize in

between 2-8 September. Visit http://www. moneyweek.org.nz for more information. …

Here at Young Enterprise Trust we have two exciting events lined up:

the schools section of ACC's Idea

Money Day gives year 10 students

Nation competition. Their innovative

the opportunity to improve on their

‘shower gutter’ collects the drips from

knowledge, skills and mindsets about

the bottom of the open shower door,

dealing with money. Activities include

reducing the likelihood of slipping on a

a quiz with prizes, exploration of

wet floor.

interest on savings, debt repayments,

and a personal discovery of their own money personality.

This event will be held at Massey University in Wellington, with 55-60 students from St Bernards College in Lower Hutt and Bishop Viard College in Porirua attending. The event is sponsored by the Mccarthy Trust.

Financial Education Webquests for senior secondary students. The webquest will provide an authentic learning experience, involve the synthesis of new knowledge to complete a task, require students to make decisions and take risks, and does not necessarily have a right answer. More information will be sent to schools soon.

Free resources now easier to find and order All of our teaching resources for enterprise and financial education are created in conjunction with teachers, and almost all of our resources are available free for registered teachers to use. There are only a few resources that have a fee attached to them. The resources include teacher manuals, teacher guides, teaching resources, student study guides, board games and books.

All our resources are now listed on our website at http://youngenterprise. org.nz/TeachingResources.html. You can order any of the resources listed by simply clicking on the ‘order resources now’ button, and the order form will open in a new browser window.

www.youngenterprise.org.nz

YES company mix business and rugby YES company Raptkid Apparel, of Palmerston North Boys’ High School, are a clothing company on a mission, and are showing what busy, organised students can achieve. Studying hard for NCEA Level 3, half the team play First XV, and they took the money at the recent Dragon’s Den. We asked George Smith what makes them tick.

“We aren’t just another screen print t-shirt company, we are unique clothing brand. All of our ideas are designed by our group and touched up by our main designer, Josh. We are currently in the process of our ‘Cut & Sew.’ This is where we buy in material and design our own clothing. Everything we do is local, the screen printing, our stickers and

internet shopping from 2013 and beyond.

At the moment we are selling our winter range which includes hoodies, crew neck sweatshirts and beanies. Our summer range will focus more on singlets, tee shirts and snap-back/five panel hats.

Five members of our group play 1st

shortly our clothes will be manufactured

XV including the captain and the vice!

in Palmerston North. We have already

Unlike most schools we do the Young

sold 100 units with our product launch to

Enterprise Scheme in our own time as an

our school body. Our goal is to sell 1000

extra-curricular activity. It’s quite a hefty

units and this is definitely an achievable

task balancing this with our NCEA Level 3

target especially as we will be launching

but our advantage is that we are all hostel

our product at the other high schools and

boys and treat each other like brothers.

tertiary institutes. We are currently in the

We all know each others’ strengths and

process of working with local shops to stock

weaknesses so working as a team isn’t an

our quality affordable clothing. Our next

issue for us.” See www.facebook.com/

step is nation-wide distribution and then

raptkidapparel to find out more.

2011 YES product continues to grab attention.

Prime Minister John Key recently hosted St Thomas of Canterbury College (Christchurch) students Sam Mackwell and Sean Feast to take a look at The Lion Advance Emergency Power Generator. The Lion is a small lightweight device that can charge cellphones, power a light and run a radio using the transfer of heat energy from a pot of boiling water.

As well as picking up 2nd place in last year’s YES national awards, inventor Sam has already been recognised with several awards, including speaking at the Engineering Change 2012 conference in Auckland last month. ■

L to R, Sam Mackwell, Sean Feast, Terry Shubkin and John Key

www. youngenterprise.org.nz

StudentSuccess 1.

4.

2.

3.

5.

6.

8.

7.

Enterprise in Action weekend 1. Team Kiwi Rail

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10.

2. Team Unitec

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3. Team Telecom 4. Team Just Water (Represented NZ in the Global Enterprise Challenge, taking out 2nd place)

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5. Team PKF 6. Team Massey 7. Team Action Mail 8. Team Beca 9. Team Just Water 10. Team Rise 11. Team The Edge

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12. NZ representatives for the FedEx International Trade Challenge in Hong Kong in August: Lorenzo Peace, Wanganui Collegiate School, Manawatu-Whanganui; Isabella Morris, Tauranga Girls’ College, Bay of Plenty; Joel MacManus, Garin College, Marlborough Nelson; Alice McFall, Aquinas College, Bay of Plenty; Karan Deva, Macleans College, Auckland; Jesse Medcalf, Westlake Boys’ High School, Auckland; pictured with Tony Dixon and Lee Davies, FedEx NZ. www.youngenterprise.org.nz

13. 14.

15.

16.

16.

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BusinessNZ Challenge on the road 13. Kings and Queens High Schools, Dunedin 14. James Cook High School 15. Newlands College 16. N PGHS, NPBHS, Coastal Taranaki School , Opunake High School and

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Francis Douglas Memorial College combine in New Plymouth 17. Tawa College 18. Timaru Boys High School www. youngenterprise.org.nz

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WEBINARS Bringing PD into your own office

P

rofessional development and

are presentations, workshops, seminars,

training in enterprise programmes

conferences or meetings broadcast in real-

at Aorere College in Manukau voiced the

and financial education is an

time (live) over the internet. A key feature

thoughts of many teachers following this

of webinars is their interactivity - the ability

webinar. “I must admit I didn’t even know

to give and receive feedback, and to

what a webinar was before this week!!

important factor in how we help teachers.

However, we know how difficult it can be for teachers to get time to attend PD away from the school, particularly when there is a cost for the training and teacher relief.

So, to help you get the information you need, in a short space of time and without leaving school, we are now offering training on several of our programmes through short 45 minute webinars. The webinars are hosted by Magpie Media, and it is with their generous support that we are able to offer a range of free webinars between now and the end of the year. …

Helen Cunliffe, Commercial Director of Magpie Media defines webinars in this way: “Short for ‘web-based-seminar’, webinars www.youngenterprise.org.nz

discuss information.

Lucy Wymer, HOD Business Education

But thanks a lot it was awesome. We had

Think about a webinar in terms of ‘radio

planned to go to the PD in May but as a

with pictures’ via a computer and a way to

department we were unable to go as we

connect with any number of people from

had so many staff away that week so it

1 to 1,000, based anywhere in the world

was awesome to find out more about the

– all without you or them having to leave

programme on Monday – we watched

the office or home.”

it together as a department during our …

Last month we held a webinar for the DairyNZ Challenge, which was enthusiastically attended by 30 people in school offices and classrooms around the

meeting time. It worked really well hearing from you (Rochelle) as well as Bill. Now I know what one is I am already looking forward to my next Webinar!”

Cunliffe says that Magpie Media were

country. This webinar was presented by

early pioneers of Webinars in New Zealand,

Rochelle Collinson from Young Enterprise

and three years on, there is now significant

Trust who was in the Trust office in Lower

growth in the use of Webinars. “NZ is now

Hutt, and Bill Barwood, of DairyNZ, who

leading its own way, and with the massive

was in his office in Hamilton.

growth in digital technology and online

media in the Asia Pacific region, webinars

practice in the comfort of your own

are an accepted way of very effectively

lifestyle environment. This is not the way

communicating with your audience.”

of the future, this is the way of the present and how every training programme

With the continued introduction of

should be conducted. Straight to the

ultrafast broadband, and removal of data

point, engaging, expert knowledge,

caps in schools we can expect the use of

good pace, and plenty of opportunity to

Webinars to continue to grow. Cunliffe

ask questions. Over time (sooner rather

adds that “Webinars are Android and

than later - I hope) this will become the

iPhone friendly too, so you can join in

industry norm. I just came back from a

anytime, anywhere. You’ve just got to try

Best Practice Workshop which could have

it, and you will get hooked into it!”

taken half of the time it did if it was done

Business studies and economics Teacher, Tomak Pietkiewicz, from Kerikeri High School, also linked in to a webinar for

through a webinar.

Save your precious time for your

the first time with the DairyNZ webinar.

students and attend webinars! You can

He has this advice for teachers who have

even watch them again and again!”

not attended a Webinar before: “Do not deny yourself this opportunity to add immense value to your teaching

“I must admit I didn’t even know what a webinar was before this week!! But thanks a lot it was awesome.”

And if you miss the live webinar, they will all be available online for you to listen to in your own time. ■

Webinar Schedule for the remainder of 2012 Tues 7th Aug

Enterprise Enterprise Studies (BP Innovation Competition) Challenge your students to be innovative and enterprising Year 11 https://www1.gotomeeting.com/register/143042385

Wed 8th Aug

Financial Education Primary Integrate numeracy, literacy and financial education in a fun and authentic way.

Year 3-8 https://www1.gotomeeting.com/register/507224560

Tues 14th Aug

Enterprise DairyNZ Challenge Engage your year 10’s with the DairyNZ Get Ahead Challenge Year 10 https://www1.gotomeeting.com/register/476542073

Wed 22nd Aug

Enterprise Young Enterprise Scheme (Annual Report/wrap up) Young Enterprise Scheme Annual Report and Wrap-up Year 12-13 Coming soon

Wed 5th Sept

Financial Education Primary Enterprise 4 Kids Cross curricular authentic learning with Enterprise 4 Kids Year 3-6 Coming Soon

Mon 17th Sept

Tues 30th Oct

Enterprise Primary Enterprise (PrEP) Getting started with PrEP Year 5-8 Coming Soon Enterprise & Financial Education Primary Introducing Enterprise and Financial Education into your Curriculum Year 1-8 Coming Soon

Tues 20th Nov

Enterprise Young Enterprise Scheme (Generic) Getting started with the Young Enterprise Scheme Year 12-13 Coming Soon

Wed 21st Nov

Financial Education Secondary Financial Education (Maths) Introducing financial education into the maths curriculum.

Year 11-13 Coming Soon

All Webinars will run from 4:00pm – 4:45pm www.yetrust.co.nz

ProgrammeNews Digger Girls, St Paul’s Catholic School, Ngaruawahia

Primary Programmes: Financial enquiry with community emphasis Teachers of Year 7-8 students who are looking to engage their students in a fun, innovative competition during Term 3, should look no further than the BP Community Enterprise Project (BP CEP) Intermediate. The project is entirely free, supported by comprehensive and quality online materials, can be completed within a term, and offers the chance to win substantial prizes.

innovative solution to a community need or a national competition with winning teams

for the children and provided new

receiving excellence awards and funds to

ride on trikes.

implement their social enterprise project. BP CEP (Intermediate) is ideally suited to an

Teacher Judy Matthews, from past winners Twyford School in Hastings, describes the project as ‘an exciting financial enquiry with a community emphasis’. Matthews says “it was different and I was inspired so I thought I could inspire these young students and we could all investigate the programme as a real life inquiry. The focus on financial literacy is something the parents are very interested in and support.”

of simple, but winning projects from the

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www.youngenterprise.org.nz

St Paul’s Catholic School (Ngaruawahia) created a bike path

Aligned to the New Zealand curriculum, it provides extensive opportunities to deliver on the vision, values, principles and key competencies.

Students at Year levels 7-8 form teams and partner with a charitable organisation in their local community to develop an

•

problem. The students can elect to enter

inquiry unit or a cross-curricular unit study.

Schools are encouraged to keep projects small and manageable. Examples past two years are: •

Waimea Intermediate School (Nelson) created a welcome pack for refugee children in the Nelson Regions. The project was awarded

•

You can win! The National Competition includes: Excellence Award One Excellence Award for the Team of the Year which includes $1000 towards the implementation of the project, and Ipod Nanos for the team members (maximum six).

additional funding from the Nelson

Merit Prizes

City Council.

Five prizes to a maximum of $500 each

Springbank School (Kerikeri)

for winning teams to implement their

revamped the baby isolation room at the Bay of Islands Hospital and

community project.

Register now at http://yetrust.co.nz/

secured additional funding for

onlinelinktoregister.html to access

new furniture (lazy boy chair for

the comprehensive programme materials,

parents, new cot for the babies).

or email support@youngenterprise.org.nz

Secondary Enterprise: Young Enterprise Start-Up programme launched The Young Enterprise Start-Up programme is aimed at Year 11 students and designed to align with Level 1 Achievement Standards for business studies. It bridges the gap between Enterprise Studies (Year 9-10) and the Lion Foundation Young Enterprise Scheme (Year 12-13) and offers teachers a structured programme beyond the

“Our students really enjoyed the whole experience and I was really impressed with the facilitation and execution of the event. The students learnt a lot and two decided that business was not for them. The relationship building and putting their learning into a real experience was their highlight.”

three days of the BusinessNZ Challenge (Year 10-11).

The Programme is designed to enable you to deliver AS 90840 v.1 (1.4) Apply the marketing mix to a new or existing product, and AS 90842 v.1 (1.6) Carry out and review a product-based business activity within a classroom context with direction. There are also additional resources to assist with the delivery of AS90841 v.1 (1.5) Investigate aspects of human resource processes in a business. By participating in the

Young Enterprise Start-Up is a programme that has been designed to be delivered in a maximum of 16 weeks. It can be adapted to be delivered as part of a full year Level 1 business studies course, or can be integrated into a cross-curricular course. The content is suitable for use as part of a Year 10 enterprise topic, or in combination with Level 1 economics or

BusinessNZ Challenge: Multi-school BusinessNZ Challenge in Taranaki.

Late in term 2, five schools participated in a multi-school BusinessNZ Challenge in Taranaki, hosted at New Plymouth Girls’ High School. The format has several advantages, including allowing smaller rural schools, like Opunake High School and

Young Enterprise Start-Up Programme

accounting Achievement Standards.

students have the opportunity to enter

The pilot programme is currently

enough students to run the programme at

the BP Innovation Competition. This is

being trialled in several schools around

their own school, to participate by sending

a national competition enabling students

the country, before final release for

10-12 students who are really keen to

to experience innovation. Students take

the 2013 school year. If you would like

benefit from the experience.

their developed product from AS 1.6 and

to view the draft teacher manual and

apply enterprise skills to innovate and

student resource book, then register

NPGHS teacher Kim Jennings offered

create a product extension to meet the

on-line at http://yetrust.co.nz/

brief of spreading BP’s message of “be

onlinelinktoregister.html, or contact

road happy”.

support@youngenterprise.org.nz

Coastal Taranaki School, who don’t have

to host the challenge, and judged it to be a huge success. “We have had a fantastic three days with your two wonderful staff at our Business NZ Challenge. It has been www. youngenterprise.org.nz

Rhuby, from Tawa College, celebrate their success at the Wellington Regional Dragons Den.

excellent having students from 5 schools

were overwhelmed by the positive

working together and today they did us

feedback we received, and also the ideas

all proud with their presentations. It is a

we were given to make our product even

great format and one that has worked

better. It was great to be able to test

very well for us. Let’s hope we can

Rhuby as the business people present are

involve more schools next year.”

part of our target market.

Teacher Ruth O’Connor from Coastal Taranaki School found that the Challenge helped the students with their subject choices, “Our students really enjoyed the whole experience and I was really impressed with the facilitation and execution of the event.

The students learnt a lot and two decided that business was not for them.

The relationship building and putting their learning into a real experience was their highlight.”

Listening to the presentations

Lion Foundation Young Enterprise Scheme:

throughout the day we felt very

YES students inspired at World Class NZ day

from business leaders such as Tony

Callum Bryant, Anton Melkiau and Emma Crookes, three students from the YES company Great Fresh Cordials from Tawa College were invited to attend the World Class New Zealand 2012 Inspire Day in Wellington.

Tindall. As students and young business

…

privileged to hear economic opinions Falkenstein, Ian Taylor and Stephen people it inspired us. Their ideas and enthusiasm of their products was inspiring. It made us feel like real business people ourselves and not just students completing a school project.

It was really interesting to be included

We will be encouraging schools to

Here is their account of the day:

in workshops throughout the day. It was a

combine for multi school challenges

“Arriving at Mac’s Brewery in Wellington at 8am, we were a little intimidated by all the smart looking adults arriving also. Terry Shubkin, (CEO of Young Enterprise) introduced us to many business people before the day had even begun. We took along our final product “Rhuby” which is a Rhubarb, Strawberry and Lime cordial. Showing Rhuby to many successful business people, we

great experience to be able to voice our

in other regions in 2013. If this is of interest to you, and you would like to have a chat with us about how it might work in your region, please contact Paul at paul.newsom@youngenterprise. org.nz. The BusinessNZ Challenge 2013 will be open for registration of interest in late August. Look out for the notice in your inbox.

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www.youngenterprise.org.nz

opinions in group discussions with such important people at a young age. This reinforced the value and the importance of enterprise education, and how we should use it to grow the Wellington economy in the future, not just to move overseas as many students are doing now.

Overall we were so honored to be given such a great experience; we

The teacher package contains:

gained a lot of economic and business knowledge, and were able to improve our business idea at the same time. It was a once in a life time opportunity, which we believe we have used to good advantage in our Young Enterprise journey.”

Check us out at: www.greatfreshcordials.co.nz …

You can see more about the event, including an interview with Callum,

•

A topic schedule

•

Student Exercises (with solutions)

Financial Education:

•

Assessment Task (with solutions)

Curriculum Planning

•

Record of student progress

The National Certificate of

The student package contains:

Employment Skills includes two

•

Exercises

compulsory Personal Financial

•

Unit Standard information sheet

Management (PFM) standards.

•

Unit Standard result sheet

Teaching and learning packages for US

You can register online now at http://

youtube.com/watch?v=5jXx_4-

24709 and US 24699 are available free for

yetrust.co.nz/onlinelinktoregister.

Gy8Y&feature=youtu.be

you to download from our resource centre.

html to gain access to the resources. ■

Anton and Emma here: http://www.

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

SPONSORS & SUPPORTERS SUPPORTERS SPONSORS & Platinum

Gold

Silver

National

Supporters

www. youngenterprise.org.nz

Connecting Businesswith Schools YES student ambassador inspires business leaders to invest more in tomorrow’s business leaders, wowed the entire room, so much so that by 10am the next morning, she had her first offer of an internship from a member of the audience. Here is what Izzi had to say: “I believe that numbers tell stories.

In this room we have 300 of the most influential and successful businesspeople in the country. One thing you have in common, is that you have all been leaders in NZ business.

Isabella Morris, YES student ambassador

T

he Fairfax Media NZ Business Hall of Fame was established in 1994 by The Young Enterprise Trust, to recognise New Zealanders who have made an outstanding contribution to business and society.

Six new laureates were inducted into the NZ Business Hall of Fame at the 2012 event on 28 June. Each Laureate (or family representative), was accompanied by a student ambassador from a school they either have a connection with, or a school within their local region.

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•

•

•

Thomas McCarthy, escorted

by Melissa Moroney of St Mary’s College, Wellington

•

Sir Graeme Douglas, escorted by Samuel Jacks, of Auckland Grammar School

•

Graeme Lowe, escorted

by Thomas Arnold, of Lindisfarne College

•

is that you are all Baby Boomers - a generation that youth today look up to – but also a generation we are scared of.

No - it’s not your fashion choices, your 80’s hair styles or your lack of friends on Facebook that scare us. It is the future cost of your mobility scooters, rest homes and medical bills which instil fear.

Yes - in the next 10, 20, 30

Sir Patrick Higgins, escorted

years - me, and my generation, are

by Ben Cross, of Palmerston

going to be the people supporting

North Boys’ High School

you. And this is where numbers tell a very interesting story.

Bill Gallagher, escorted by Kate Williamson, of Waikato Diocesan School for Girls

Isabella Morris was chosen at the

Mary Jane Milne, escorted

by Olivia Mann, of St Cuthbert’s College

for the 2012 NZ Business Hall of

www.youngenterprise.org.nz

Another thing you have in common

•

born, there were around seven

Enterprise in Action weekend as the

people supporting every one

Young Enterprise Student Ambassador Fame. Her articulate and impassioned speech urging today’s business leaders

When the majority of you were

person over the age of 65.

•

Today that figure has dropped a little – five of you are working

•

to support one retiree.

ever be involved in commerce a year

invite students along when they have

By the time all of you have

ago is now standing here talking to the

presentations from visiting economists

most influential businesspeople in the

or experts. Some businesses are linking

country, going on to study commerce

up with schools as part of their Social

at university and has a huge passion

Responsibility programmes and assign

and drive for a career in business.

staff to work with the business classes.

officially retired – which I’m guessing will be in 20 years or so –only three people will be working to support every one of you.

•

I am going to be one of those people.

This tells a story of a very different New Zealand to the one you have experienced. The aging population is

That is the power of an experience.

In this room there are 300 business people with lifetimes of experience. Experience that should be shared with young people.

One thing running a business has

not a new phenomenon. It’s been in

taught me is to be clear about what you

the media a lot lately with discussion

want – so tonight I am going to be very

around whether the superannuation

clear, and ask you to invest. To invest in

age should be raised or means tested.

young people in New Zealand. It can be

In my opinion, as a young person,

your money - but to be honest we would

the more important discussion we should be having is how can we make those three people who will be supporting you as efficient, productive and effective as possible?

In the context of tonight – how can we create great young businesspeople?

benefit more from an investment of your time and your expertise. Teach us what you know. Let us experience your businesses. Let us share in that same passion you have for your companies.

Let’s accelerate the learning process.

Today I want to leave you with three

Studying in a classroom can teach

ways you can invest in young people:

you theory – but there is no better

1. Mentoring – I know – not exactly

way of creating passionate, driven and creative businesspeople than letting them experience it for themselves.

an original idea and no doubt you all mentor people within your businesses.

But there is a very real opportunity to

This time a year ago I said I

extend that further. In programmes

would never consider business as

like Young Enterprise – every team

a career. My impression was that it

has a mentor who works with them,

was too stressful, too boring, too

for say one hour a week, on their

cut throat, and frankly there were

business. Realistically, I know as leaders

just too many men in black suits.

of businesses you may not have the

It was only because of a very passionate teacher that I became

time to do this – but your employees could, if you just encourage them and

involved in the Lion Foundation

give them the time to be involved.

Young Enterprise Scheme. In this

2. Link up with your local college,

competition we have to create a real

university or polytechnic. Your

business. Negotiate with real suppliers, create real websites, sell real stock, complete real budgets and cashflows.

I very nearly had a real heart attack when we found out we hadn’t included GST in our manufacturing cost!

involvement can be as small or as big as you want to make it. On a larger scale – how great would it be if we had business schools within every college

Westpac invited students to work on their stall at the Mystery Creek Fieldays.

One local business is regularly inviting students to their product launches. At the practical end of the workforce, MIT have set up Trade Academies in the past few years where students split their time between school, studying their trade at MIT and getting practical work experience one day a week.

3. Offer job opportunities in holidays – I have just found the university calendar for next year, and I’m astonished that the amount of time we spend on holiday is almost equal to the amount of time spent studying!

These holidays are an ideal time to accelerate that learning. Whether it is employing a student for two weeks to work on a project or an annual internship every summer – by giving young people a small experience of a real working business, you give them a huge insight into the world of business.

I am sure you’ve all planned well for your retirement – and don’t really need the help of those three people.

But there are many Baby Boomers for whom that is not the case. You are in a unique position to make a difference.

You sit here today because you are some of the most passionate, driven and successful business people in New Zealand over the past 30 years. My question is – what investment will you make to help create the passionate, driven businesspeople in the next 30 years.”

in the country like Tony Falkenstein has done with Onehunga High School.

Watch Izzi’s speech on You Tube

What we have been doing is making

Rangitoto College has created a smaller

here: http://www.stuff.co.nz/

real mistakes and learning real lessons

scale business school to link students up

business/opinion-analysis/7189781/

from them. That girl who refused to

with local business. For example, HSBC

Enterprising-Izzi-into-business. ■ www. youngenterprise.org.nz

IMPORTANTDATES Teacher PD Webinars Challenge your students to be innovative

Year level 9-10

Tuesday August 7

3-8

Wednesday August 8

10

Tuesday August 14

12-13

Wednesday August 22

4-8

Wednesday September 5

Getting started with PrEP

1-8

Monday September 17

Introducing Enterprise and Financial Education

1-8

Tuesday October 30

Getting Started – The Young Enterprise Scheme

12-13

Tuesday November 20

Introducing Financial Education into the Maths

11-13

Wednesday November 21

and enterprising Integrate Numeracy, Literacy and Financial Education in a fun and authentic way Engage your year 10’s with the DairyNZ Get Ahead Challenge Young Enterprise Scheme annual report and wrap-up Cross curricular authentic learning with Enterprise 4 Kids

into your primary curriculum

Curriculum Events and Deadlines YES examination

15 August

BP Community Enterprise entries close

28 September

BP Community Enterprise Intermediate entries close

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YES annual reports due

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2 November

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12 November

PrEP competitions nominations close

30 November

National Awards & Gala Dinner

4 December*

*Note change of date from that previously advertised

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