Education group Nova Pioneer has introduced an initiative across all its schools which focuses on fostering a solid understanding of entrepreneurship while supporting students in developing skills such as goal setting, working with money, people skills and basic marketing principles.
“Learning the three R’s (reading, writing and arithmetic) are no longer sufficient to prepare today’s children for their future. Furthermore, in addition to these basic skills, all children need a thorough grounding in science, technology, engineering, and math (STEM). Yet children will need more than academic skills to succeed as adults, no matter what field they work in,” says Rahel Wondwossen, Chief Academic Officer at Nova Pioneer.
“Today’s children will need to know how to problem-solve, work collaboratively, and communicate well but more importantly, it will be critical to developing a capacity to not only start a business but also to think creatively and ambitiously. There will always be a need for teachers, doctors, lawyers and accountants but the job market will change significantly over the next two decades and many of the jobs which we rely on for employment may not exist. Children need to learn the skills that will position them as innovative to allow them to invent and shape their own careers,” Wondwossen adds.
Entrepreneurship education benefits students from all socioeconomic backgrounds because apart from teaching core business skills, it trains students to think outside the box and nurtures unconventional talents and skills.
Putting this into practice, each class at the Nova Pioneer Paulshof campus gets an opportunity this year to host an Entrepreneurs Day. Students are encouraged to actively identify gaps to provide services/products that meet a need and are required to set a goal of the amount of money they aim to raise, as well specifying the cause or goal the funds would be used for. Students take ownership of the marketing around the school and raise awareness of the event, supported by teachers who oversee the process and guide the students throughout this initiative.
Wondwossen said that the entrepreneurship day was specifically designed to expose students to real-life situations and life lessons. They were asked to identify a goal (what they would like to buy with the money they will make), and duties were distributed amongst one another. On the day, they set up and sold the products and services to the rest of the school.
They are encouraged to actively solve problems by using various principles i.e. like the engineering design process, which encourages the students to actively follow a process of researching, selecting a solution, developing a prototype, testing and revising where necessary.
Through this process, students develop skills like communication, presentation and pitching, understanding risk-taking, failure and building resilience. All schools across the Nova Pioneer network actively promote and develop entrepreneurship skills as part of its curriculum.
“We’re not just showing and talking to our students about entrepreneurship as a concept. We are creating real-to-life opportunities for our students to be future-fit in a way that combines creativity, real-world skills, enjoyment and a true sense of accomplishment. If we plant seeds of entrepreneurial thinking early enough and nurture them constantly, today’s students will become tomorrow’s leaders and will be well-placed to meaningfully contribute to society and the economy,” Wondwossen concludes.Share this article on Social Networks