More than 260 students at Noosa District State High School students are about the get a taste of life in the corporate business world.
It’s all part of the annual Australian Business Week (ABW) and its exciting one-week intensive program. Starting on June 16, the entire Year 11 cohort will experience what it is like to run a multi-million dollar company and make decisions which have real outcomes. Working as a team, students will be running a cafe simulation business and with the help of a business and teacher mentor, discover the variety of skills needed to be part of a successful business.
Through the week, students perform a number of tasks. They’ll form a company of 15 members, each with an assigned role in the running of the company. Students will then review an Australian Business Week manual covering the key business areas, make decisions about price, product, their target market, staffing and training. This years’ 16 teams must also develop a marketing strategy and mount a trade display complete with promotional material and produce a 30 second commercial featuring their business.
Finally, each team will prepare a written company report explaining decisions made and the outcomes and the impact on their company’s performance and finally, deliver an oral presentation to an audience of business people, teachers, students and parents. It makes for a full week, but will leave each participant with some valuable skills for their careers and the courage to make a difference in their chosen field.
Without the support of parents, students and teachers ABW simply wouldn’t be the success it has become, but it’s the support from local businesses that has seen the program develop. One such business is the Cooroy Community Bank branch of Bendigo Bank. Having just committed to sponsoring ABW for another year, Cooroy branch manager, Geoff Edwards says the branch is looking forward to providing mentoring support to go along with its financial assistance.
“Assisting in the mentoring process during Australian Business Week is all about giving the students help where they need it, but it’s mostly about watching the groups apply their great ideas with their energies and talents. I encourage any business owner who hasn’t been to ABW to come along as some of these kids are going to make great employees for some of the coast’s top businesses in years to come,” Geoff said.
The ABW program will conclude with an Awards Ceremony at NDSHS to be held on Thursday, 22 June from 7.00 pm. Trade Displays will be open in the main hall from 6.30 pm for families to view the efforts of our students.
If you would like to know more about ABW or how you can support the future of the program, contact the ABW program co-ordinator Alison Rexa at NDSHS on 5472 2234.