Young Entrepreneur Challenge: 21st Century Skills Map

Business & Entrepreneurship

21st Century Skills Map

Young Entrepreneur Challenge Cambridge, Massachusetts +1 816-226-6940 YoungEntrepreneurChallenge.com

CREATED BY COLLEGE APPRENTICE FOR THE YOUNG ENTREPRENEUR CHALLENGE

This 21st Century Skill

Roadmap was developed using

the 21st Century Skills

Learning Framework,

developed by P21, an

independent, not-for-profit

organization. Its goal is to map

out the academic

consideration and student

benefits of attending Young

Entrepreneur Challenge.

Young Entrepreneur Challenge integrates 21st Century Skills into our educational program so that students can advance their learning in business and entrepreneurship.

21st Century Skill

Program Element

Skill Definition

Program Element

Usage and

Objectives

A

B

C

D

HOW TO USE THIS MAP

An example of the 21st Century Skills that the Young

Entrepreneur Challenge incorporates into its program

illustrates how Creativity and Innovation skills fit into the

educational program. Each page will provide insight into

the academic portion of the Young Entrepreneur Challenge.

Young Entrepreneur Challenge


Creativity and Innovation LEARNING & INNOVATION SKILLS

• Demonstrating originality and inventiveness in work

• Developing, implementing and communicating new ideas to others

• Being open and responsive to new and diverse perspectives

• Acting on creative ideas to make a tangible and useful contribution to the domain in which the innovation occurs

PROMPT: Cross-cultural student teams are tasked with developing a new business model that will solve a defined problem of their choosing.

OBJECTIVES: Teams will discover and overcome cultural differences to de-fine an economic opportunity that other have ignored.

OUTCOME: Over the course of the program, teams will have to work together to create a business model canvas, PowerPoint presentation, and write-up of their project.

PROMPT: At the conclusion of men-tor-driven workshops, student will analyze and present a case study.

OBJECTIVES: Students will have to explore cases for missed opportuni-ties and means of improvement.

OUTCOME: Students will move from summarizing readings to actively analyzing them.

PROMPT: After visiting different busi-nesses, mentors will lead discussions that will analyze corporate culture and business execution.

OBJECTIVES: Students will learn to ask probing questions meant to ex-plore innovative ways for improve-ment.

OUTCOME: Students will begin look-ing for new ways to perform business tasks.

Team Project

Workshops

Field Experience




Critical Thinking and Problem Solving LEARNING & INNOVATION SKILLS

• Exercising sound reasoning in understanding

• Making complex choices and decisions

• Understanding the interconnections among systems

• Identifying and asking significant questions that clarify various points of view and lead to better solutions

• Framing, analyzing and synthesizing information in order to solve problems and answer questions

PROMPT: Student teams will build a 9-part business model canvas and present each section as it is devel-oped to mentors. Each part of the canvas will challenge students to think critically about choices their business would have to make.

OBJECTIVES: As teams construct their business model, they will have to un-derstand the interconnected nature of business decisions

OUTCOME: Students will present the completed canvas to their class and a panel of experts.

PROMPT: Each workshop will corre-spond to a section of the business model canvas. Students will have to connect the learning points in cases and lectures to their project.

OBJECTIVES: Students should explore related areas between cases and their project. By asking poignant questions, their analytical aptitude will develop.

OUTCOME: Utilizing the lessons of workshops will make completing the final project less complex.

PROMPT: After visiting different busi-nesses, mentors will lead discussions that will analyze corporate culture and business execution.

OBJECTIVES: Students will learn to ask probing questions meant to ex-plore innovative ways for improve-ment.

OUTCOME: Students will begin look-ing for new ways to perform business tasks.

Team Project

Workshops

Field Experience




Communication and Collaboration LEARNING & INNOVATION SKILLS

• Articulate thoughts and ideas clearly and effectively through speaking and writing

• Demonstrating ability to work effectively with diverse teams

• Exercising flexibility and willingness to be helpful in making necessary compromises to accomplish a common goal

• Assuming shared responsibility for collaborative work

PROMPT: Teams will be made up of students from different nationalities. They will both have to learn to work with each other and then present their ideas succinctly and coherently.

OBJECTIVES: Teams will use the Team Learning Assistant software to encourage positive team norms. Mentors will assist in presentation styles and practice.

OUTCOME: Students will complete a verbal presentation and written ex-planation for their final project.

PROMPT: During workshops, student participation will be strongly encour-aged. After analyzing parts of cases, students will work independently and in small teams.

OBJECTIVES: Students should be-come accustomed to speaking in front of their peers and mentors.

OUTCOME: Practice during smaller team assignments and presentations to make for stronger final projects.

PROMPT: Before and after visiting local businesses, students will work with mentors to discover and explore the foundations of business commu-nication and collaboration.

OBJECTIVES: Students will experience first hand the application of business communication and collaboration.

OUTCOME: Students will gain a new appreciation for successful communi-cation using the transposing lessons from the Team Learning Assistant Software to real life.

Team Project

Workshops

Field Experience




Information Literacy INFORMATION, MEDIA, & TECHNOLOGY SKILLS

• Accessing information efficiently and effectively, evaluating information critically and competently, and using information accurately and creatively for the issue or problem at hand

• Possessing a fundamental understanding of the ethical/legal issues surrounding the access and use of information

PROMPT: Prior to arriving at the Young Entrepreneur Challenge Busi-ness Model Competition, students must conduct research into various industries to develop new business ideas

OBJECTIVES: Using the resources available to them, students will ac-cess information to evaluate differ-ent business opportunities.

OUTCOME: Working remotely, stu-dent teams will decide on their top seven business ideas about research-ing industry opportunities.

PROMPT: Students will be charged with reading Business Model Genera-tion prior to arriving at Young Entre-preneur Challenge.

OBJECTIVES: Students will come equipped with a basic understanding of the Business Model Canvas.

OUTCOME: Students will be eager to participate in interactive workshops discussing the building blocks of the Business Model Canvas.

PROMPT: Mentors will work with stu-dents to discuss and explore various ethical and legal issues local busi-nesses face.

OBJECTIVES: Students will gain a bet-ter understanding of the legal and ethical business environment.

OUTCOME: By analyzing real-life ex-amples, students will be better equipped to make decision for their team project.

Team Project

Workshops

Field Experience




Media Literacy INFORMATION, MEDIA, & TECHNOLOGY SKILLS

• Understand how media messages are constructed, for what purposes and using which tools, characteristics and conventions

• Examine how individuals interpret messages differently, how values and points of view are included or excluded, and how media can influence beliefs and behaviors

• Possess a fundamental understanding of the ethical/legal issues surrounding the access and use of information

PROMPT: Developing a marketing and branding strategy will be a major component for the team project.

OBJECTIVES: Students will under-stand how to use the media to pro-mote their businesses in an ethical manner.

OUTCOME: Student projects will en-compass a comprehensive media, marketing, and public relations strat-egy.

PROMPT: While analyzing case stud-ies, students will encounter various media coverage.

OBJECTIVES: Students will analyze how media messages influence con-sumers.

OUTCOME: Students will gain insight into our to construct media mes-sages after examining past examples.

PROMPT: Members of the business community will discuss how the me-dia has influenced their businesses.

OBJECTIVES: Students will examine how media impact business.

OUTCOME: Students will work with mentors and small business leaders to examine how to construct media messages.

Team Project

Workshops

Field Experience




Flexibility & Adaptability INFORMATION, MEDIA, & TECHNOLOGY SKILLS

Adapting to varied roles and responsibilities

Working effectively in a climate of ambiguity and changing priorities

PROMPT: Student teams will have to work cross-functionally and assign roles based on student strengths, though those roles will evolve with the progression of the program.

OBJECTIVES: Students should learn to adapt to changing roles on a team environment.

OUTCOME: By the final presentation round, teams will have overcome various changes to their team dy-namics.

PROMPT: Workshops and case stud-ies will challenge students to assume different vantage points.

OBJECTIVES: Students will be able to analyze scenarios from stakeholder, executive, and customer perspec-tives.

OUTCOME: Using the insight gained in workshops, students can apply the same flexibility into their business projects.

PROMPT: Professional entrepreneurs will lead discussions on how start-ups must be flexible and easily adaptable.

OBJECTIVES: Students will explore the extent to which new businesses much adapt.

OUTCOME: Students will react posi-tively to new prompts and challenges throughout the programme.

Team Project

Workshops

Field Experience




Social and Cross-cultural Skills INFORMATION, MEDIA, & TECHNOLOGY SKILLS

Working appropriately and productively with others

Leveraging the collective intelligence of groups

Bridging cultural differences and using different perspectives to increase innovation and the quality of work.

PROMPT: With students from a num-ber of countries around the world, each project team will have to bal-ance cultural differences to complete their project..

OBJECTIVES: Students will learn the value of team ideation and cultural differences.

OUTCOME: The final team project will incorporate views from a number of cultures in order to create the best business model for their business idea.

PROMPT: Cases will explore business environments in various countries and each team will have to present their analysis.

OBJECTIVES: Learning about differing business cultures should impact team analysis of cases.

OUTCOME: Student team presenta-tions will leverage the collective in-telligence and experience of each of its members.

PROMPT: Students will engage with professional entrepreneurs during a number of networking events.

OBJECTIVES: Teams will be able to get valuable feedback on their pro-jects and gain the insights of industry professionals.

OUTCOME: Projects should incorpo-rate feedback from entrepreneurs and student should learn from their experience.

Team Project

Workshops

Field Experience




Initiative and Self Direction INFORMATION, MEDIA, & TECHNOLOGY SKILLS

Monitoring one’s own understanding and learning needs

Going beyond basic mastery of skills or curriculum to explore and expand one’s own learning and opportunities to gain expertise

Defining, prioritizing, and completing tasks without direct oversight

Demonstrating initiative to advance skills levels towards a professional level

Demonstrating commitment to learning as a lifestyle

PROMPT: Each day, students will have to develop a new block of their business model canvas.

OBJECTIVES: Each team will present their business model canvas at the end of each day to their mentors.

OUTCOME: The team will complete each assignment without the direct oversight of an instructor.

PROMPT: Cases will be used to dem-onstrate real world examples of con-cepts learned.

OBJECTIVES: Active participation is expected from students while work-shops use the case-study methodol-ogy.

OUTCOME: Students will go beyond the basic understanding and memori-zation of concepts by analyzing cases.

PROMPT: Students will receive feed-back from industry professionals, ser-vice providers, and investors on their business ideas while in the field.

OBJECTIVES: Students will initiate and steer conversation with field ex-perts.

OUTCOME: Students will be able to solicit meaningful and specific feed-back from experts for the benefit of their team project.

Team Project

Workshops

Field Experience




Productivity and Accountability INFORMATION, MEDIA, & TECHNOLOGY SKILLS

Setting and meeting appropriate standards and goals for delivering high-quality work on time.

Demonstrating diligence and a positive work ethic

Being punctual and reliable.

PROMPT: Student will have to assign roles and assignments to complete their team project.

OBJECTIVES: By controlling their team, students must be productive during their time together and be accountable for their outcomes.

OUTCOME: Each team will complete the necessary assignments and be held accountable to their teammates and mentors.

PROMPT: Workshop assignments will be given individually but will count towards their team’s progress.

OBJECTIVES: Students will be ac-countable to their teams for their individual workshop assignments..

OUTCOME: Individual assignments will be combined into the final team project.

PROMPT: Teams will have a limited amount of time with service provid-ers, such as attorneys and account-ants to seek advice.

OBJECTIVES: Students will maximize their time by having a positive work ethic.

OUTCOME: Teams will gain valuable insight into their business models from service providers..

Team Project

Workshops

Field Experience



Contact Information




Web Young Entrepreneur Challenge Website http://youngentrepreneurchallenge.com

College Apprentice Website http://collegeapprentice.com Social Media Facebook http://facebook.com/youngentrepreneurchallenge

Twitter http://twitter.com/BostonYEC Email Program Director [email protected]

Recruitment Director [email protected]

Phone +1 816-226-6940

Young Entrepreneur Challenge: 21st Century Skills Map

Education

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