Spotlight on Ford PAS Themes: Business and Entrepreneurship Spotlight on Ford PAS Themes: Business and Entrepreneurship

Agenda

• Introduction of business theme in Ford PAS• Sample activity: Module 7: Spinning Records• Student presentations • Panel discussion: Highlights and challenges

of teaching business and entrepreneurship in Ford PAS

Why Business and Entrepreneurship? Why Business and Entrepreneurship?

• Wide interest in and popularity of this theme in Ford PAS

• Improves students’ understanding of career opportunities in business and related fields

• Teaching entrepreneurship empowers young people to take ownership of their learning and their careers

Business Concepts and Skills Taught Throughout Ford PAS

Business Concepts and Skills Taught Throughout Ford PAS

Business financing Market research and planning Data-based decision-making

Managing resources efficiently (lean thinking)Managing quality (Six sigma)

Business ethics Corporate citizenship International business Entrepreneurship

Modules That Highlight Business and Entrepreneurship

Modules That Highlight Business and Entrepreneurship

Module 1: From Concept to Consumer Module 2: Media and Messages Module 5: Closing the Environmental Loop Module 6: Planning for Efficiency Module 7: Planning for Business Success Module 8: Ensuring Quality Module 9: From Data to Knowledge Module 14: Markets Without Borders Module 15: Global Citizens

Module 7 Content FocusModule 7 Content Focus

• Entrepreneurship

• Data-based decision-making

• Business financing

• Market research and planning

• Entrepreneurship

• Data-based decision-making

• Business financing

• Market research and planning

Module 7: Planning for Business Success Module 7: Planning for Business Success

Students help a fictional band make financial and marketing decisions.

Students develop a financial and marketing plan for their own business idea.

Students help a fictional band make financial and marketing decisions.

Students develop a financial and marketing plan for their own business idea.

Ongoing Module 7 Projects: Ongoing Module 7 Projects:

Module 7: Planning for Business SuccessModule 7: Planning for Business Success

Academic ContentAcademic Content

• Formulate and answer questions with data

• Use statistical methods to analyze data

• Understand the effect of market forces on business performance

• Understand how different components of a system interact

• Formulate and answer questions with data

• Use statistical methods to analyze data

• Understand the effect of market forces on business performance

• Understand how different components of a system interact

SkillsSkills

• Develop a financial plan • Use spreadsheets to conduct cost analyses• Design surveys• Analyze survey results • Give and receive feedback• Present a business plan to potential investors

• Develop a financial plan • Use spreadsheets to conduct cost analyses• Design surveys• Analyze survey results • Give and receive feedback• Present a business plan to potential investors

Module 7: Planning for Business Success Module 7: Planning for Business Success

Module 7 Activity: Spinning RecordsModule 7 Activity: Spinning Records

NoNaymz just finished recording its latest CD and has signed a contract for the duplication company Spinning Records to produce 10,000 copies of the CD. The company quoted NoNaymz a price of $1.50 for each CD. It will take Spinning Records two days to complete the duplication of the 10,000 CDs.

Can this be a profitable venture for Spinning Records?

Business and EntrepreneurshipStudent Presentations

Business and EntrepreneurshipStudent Presentations

Ford PAS Students and Alumni:

• Antwon Crutcher, John Overton High School, Nashville, TN

• Mohamed Mroue, Michael Berry Career Center, Dearborn, MI

• Brittany Thompson-Johnson, University of Michigan, Ann Arbor, MI

• Amy Weaver, Michael Berry Career Center, Dearborn, MI

Business and Entrepreneurship Panel Discussion

Business and Entrepreneurship Panel Discussion

Panelists:

• Janeece Docal, Bell Multicultural High School, Washington, DC

• Donna Gilley, John Overton High School, Nashville, TN

• Noelia Guajardo, PSJA school district, Pharr-San-Juan, TX

• Carol Henley, Howard University, Washington, D.C.