An Introduction To Enactus For Business Advisers
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Transcript of An Introduction To Enactus For Business Advisers
An Introduction to Enactus
For Business Advisers
An Introduction to EnactusEn-act-us
Entrepreneurial - having the perspective to see an opportunity and talent to create value from that opportunity;
Action - the willingness to do something and the commitment to see it through even when the outcome is not guaranteed;
Us – a community of business people and academics helping a new generation of young leaders understand the promise of
business to create meaningful and lasting change.
Seeing possibilities.Taking action.Enabling progress.We are a community of student, academic and business leaders committed to using the power of entrepreneurial action to transform lives and shape a better, more sustainable world.
Enactus Worldwide (founded 1975)38 Country Operations115 Countries Impacted440 Corporate & Organizational Partners1,600 Universities & Colleges6,500 Community Outreach Projects62,000 Participating Students5,700,000 Student Volunteer Hours13,139,124 Beneficiaries
UK (founded 2001)53 Universities2800 Participating Students243 Community Outreach Projects186,896 Student Volunteer Hours4801 Beneficiaries
Enactus UK Our Purpose: to enable progress through entrepreneurial action
Seeing PossibilitiesTaking Action
Enabling Progress
What do Enactus teams do? They build a sustainable Enactus
team at their university They deliver social projects that
meet the Enactus criterion They deliver commercial projects
(and other fundraising activities) to finance their social projects
They present their projects at National and
International Competitions
Annual reportAudio-visual presentation
Q & A
Enactus Projects Project Criterion:
Considering the relevant economic, social and environmental factors, which Enactus team most effectively empowered people in need by applying business and economic concepts and an entrepreneurial approach to improve their quality of life and standard of living?
Five basic elements of an Enactus project:• Identifying a need
• Teaching/Knowledge transfer of business skills/knowledge• Empowerment of others
• Measurable & sustainable impact in QOL/SOL • Sustainability – social, environmental, economic factors
“Give me a fish, I will eat for a day; teach me to fish and I will eat for a lifetime.”
Careers Service
Support NetworkUniversity Adviser[s]
Enterprise Team/Business
School
Community Volunteering
= Business Advisory Board
Business Advisers
Enactus Alumni
Sponsor Companies Local Business/
NGO’s/Social
Enterprise
Enactus UK Statistics
40.2
59.8
MaleFemale
Enactus students by gender
Projects by Region and type
81%
13%
3% 2% 1%
UK
Africa
Central/South America
India
Asia
Existing Business Development: 35%New Business Development: 28%Social Inclusion: 28%Employability: 19%School Education: 18%Skilled Labour: 13%Financial Literacy: 13%Technology: 7%Environment: 6%Agriculture & Irrigation: 5%Energy: 4%Health & Sanitation: 2%Volunteering: 2%Hunger: 2%Water: 1%Number of projects 243
Student hours invested 186,896
Beneficiaries directly impacted 4,801
15%
10%
2%
6%
41%
4%
11%
23%
23%
1%
16%
3%
6%
1%
Men Women Children
Youth Elderly Families
Homeless Unemployed Disabled
SMEs, Entrepreneurs, Social Enterprises
Farmers
Prisoners/Ex-offenders
Veterans/Families
Rural Communities
Refugees
Project Beneficiaries 2013
5%
Enactus UK Universities 2013 - 14 Aston University
University of Bath
University of Bedfordshire
University of Birmingham
University of Bristol
BPP University College
University of Cambridge
Cardiff University
City University, London
Durham University
University of East Anglia (UEA)
University of Edinburgh
University of Essex
University of Exeter
University of Glasgow
Imperial College, London
Keele University
University of Kent
King's College London
Lancaster University
University of Leeds
Leeds Metropolitan University
University of Leicester
Lincoln University
University of Liverpool
London Metropolitan University
London School of Economics
Loughborough University
University of Manchester
Newcastle University
Nottingham Trent University
University of Nottingham
Oxford University
Oxford Brookes University
Plymouth University
Queen’s University, Belfast
Queen Mary, University of London
University of Reading
Royal Holloway, University of London
Salford University
University College London (UCL)
University of Sheffield
Southampton Solent University
Staffordshire University
University of Southampton
University of Strathclyde
University of Surrey
Sussex University
Swansea University
Teesside University
University of Warwick
University of West of England (UWE)
University of York
Practical Benefits- StudentsThe opportunity to :Make a positive difference in our worldParticipate in meaningful learning experiencesDevelop diverse skillsBe part of a teamGain insights into a variety of organisationsEnhance career opportunitiesImprove employability skillsMeet and connect with students with a shared visionCompete and travel internationally
“Enactus has shown me how to change people's lives by changing mine. It affected me in every aspect of my life”
Practical Benefits- Business AdvisersDevelop relationships with quality studentsSource of talent recruitmentSupport communities through practical CSRUse as a personal development programme for your own staffNetwork with peers, business executives and opinion formers at
Enactus eventsMarket your organisation to university students and the wider
business community in a unique wayExpand campus relationships
“Business helping to develop the potential of university students in a way that is both effective for them, and meaningful to the community.”
Project ExamplesBPP University
The team from Enactus BPP partnered with Kalayaan, a charity providing emergency support to domestic migrant workers in the UK. They initially identified five beneficiaries and taught them the soft skills and business skills required to set up a social enterprise cleaning business. The team also obtained several cleaning contracts for the new business.Freedom Workers has become a fully-fledged social enterprise which is managed by the beneficiaries with eight full-time employees. The team taught the beneficiaries the train the trainer approach empowering them to employ and train new staff.The original five employees have all gained the confidence to find their own accommodation, become independent and fully integrated into society.
Project ExamplesUniversity of Nottingham Pulp Friction
The team worked with Jill, a social entrepreneur who dreamed of giving disabled people work but who lacked the business skills to make her dream a reality.The delivered training in online marketing, computerised accounting and a social media plan to promote her business. The USP of the business is that the smoothies are made by a kinetically powered bicycle using locally sourced organic fruit and vegetables.Jill now employs three disabled people giving them new found independence, improved self-esteem with a support network that helps to integrate them into the community.Jill now has the confidence to expand her business and to create further opportunities in the future.
Project ExamplesUniversity of Sheffield
The team at Sheffield partnered with 3 safe houses across the city which house vulnerable sex trafficked women recently seized from brothels. Their aim is to help the women gain asylum and learn to trust again before moving out and leading an independent life. They provide the 54 women with individual mentoring, employability and business skills through setting up their own enterprises. One example is a jewellery enterprise that sells bracelets to raise awareness of human trafficking. The team then support the women in making the transition into society.So far 16 of the women have successfully moved out of the safe house and can support themselves through employment or their own business.
Project ExamplesUniversity of Sheffield
The HOPE project has expanded to Nigeria to tackle the problem of human tracking at its source. In Nigeria 70% of the population live below the poverty line. Many are so desperate for a better life that they get tricked into being trafficked by the promise of a job. The Sheffield team worked with 10 women in a community vulnerable to human trafficking to set up a shea butter business using natural resources that are usually left to rot. They showed the women how to produce a high quality product and provided them with the business management skills needed to run a successful enterprise. The women now have a stable income. They are now expanding and have trained more women to run the business. Profits from the business are invested in a well that provides clean drinking water for 800 people.
The Business Adviser RoleEmployee Engagement
Business Adviser RoleProject Development
Help the team analyse current projects
Challenge the team to develop new projects
Encourage the team to innovate and stay relevant to the changing needs of the community
Help the team to identify measurable outcomes and metrics for each project
Ensure the team utilises the Enactus judging criteria as a guide to running projects
Sustainability
Core functions, team management and structure
Help the team to develop community partnerships
Financial self-sustainability
Help the team identify sources of funding for projects and team sustainability
Meet with university administrators to encourage them to see the impact Enactus has in the community and on the students themselves
Business Adviser Role
Training
Project management
Finance
Accountancy
Marketing
Business planning
Report writing
Leadership skills
Interviewing skills
Communication skills
Presentation skills
Organisational skills Team working
Business Adviser Role
Types of SupportOn average 4 BAB meetings a year
Formal meetings, chaired by the CRE, with an agenda and minutes
All Business Advisers from varied backgrounds
Management Team and Project Leaders
Discuss overall team and project progress
More general assistance
Types of SupportPersonal or Project BAB
Business Adviser mentors just the Team Leader, Project Leader or key member of the team
Might consist of 1 or 2 advisors who work with 1 student or project team
Regular email contact, calls where preferred, and regular meetings
Advantages:Develop very personal relationships through direct mentoring
Help individual vision for a team/project
ProcessEnactus Team: Corporate Relations Executive
• Each team will appoint a student Corporate Relations Executive (CRE)
• Teams are advised to place the responsibility of BAB development, contact, communication and management in one person’s hands
• Accountable to the team for the success of their BAB programme
• Should aim to engage Business Advisers and remain in regular contact
Enactus UK
Enactus UK will support both the Enactus teams and the Business Advisors to ensure that contact is made and that communication is maintained throughout the academic year