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Marzena Karpiak2024-05-20 09:52:252024-05-20 10:26:00Which school educates the best young managers in the UK?Understanding and practically applying business theories is often challenging for students. As a GCSE and A-level business studies teacher, you have a unique opportunity to facilitate this process. In this article, we present proven methods that will help your students better grasp business studies knowledge and apply it in practice.
1. Case study in business education: the key to practical business understanding for students
Case study is a teaching method that involves analysing specific business situations or problems and finding ways to solve them. Examples of such situations may include strategic decisions, crisis situations, reorganisations, investments, and other factors affecting organisational performance.
Case studies are valuable teaching tools, especially in business and management classes. Through this, students can learn from examples that present real business challenges and ways to solve them. Here are a few case study examples that can be used in education:
- Amazon’s China expansion strategy – exploring how Amazon, originally an online bookstore, successfully expanded its operations to China. Analyze the challenges and opportunities associated with entering this market and adapting to local conditions. Read the case study.
- Startup success: the story of Airbnb – investigating Airbnb as a case study in startup management. Explore how the company, initially a small startup, utilized innovative marketing strategies and a unique customer-centric approach to revolutionize the hospitality industry. Read the case study.
- Effective team management – drawing inspiration from Volvo Car Corporation for team management in business. Read the case study.
- Competency-Based Management – a case study on assessing competency levels for employee assessment and development. Read the case study.
2. Business simulation games in education: an effective way of teaching business studies
Revas Business Simulation Games are innovative educational tools that blend theory with practice, allowing students to make real managerial decisions in a risk-free environment. These interactive educational games develop key skills such as creativity, teamwork, communication, and critical thinking. It engages students in active learning through gamification.
Teachers using business simulations can integrate theoretical knowledge with practical exercises, significantly enhancing the teaching process. Their role often involves mentoring students’ results and progress, which helps them manage their class time better.
Simulations are particularly useful in teaching a business studies A-level or GCSE courses, where the practical part of the class is even more important for students than with any other syllabus. By participating in simulations, students can better understand the complexity of business and managerial decisions which prepares them for future challenges in the business world.
3. The best business podcasts: the key to developing students’ business skills
Nowadays, when access to information is easier than ever, business podcasts serve as valuable sources of knowledge and inspiration for students interested in business and entrepreneurship. They are not only convenient educational tools that can be listened to anywhere and anytime, but also sources of practical advice, inspiring stories, and current trends in the business world.
Here are a few recommended business podcasts that can help students develop their business studies knowledge:
- How I Built This with Guy Raz – Guy Raz interviews entrepreneurs and business leaders, discussing the stories behind the creation and growth of successful companies.
- The GaryVee Audio Experience – Gary Vaynerchuk shares his thoughts on entrepreneurship, marketing, and business, often providing practical advice and insights.
- The Tony Robbins Podcast – Tony Robbins discusses business, personal development, and success strategies with various guests.
- Planet Money – NPR’s Planet Money covers a wide range of economic and business-related topics in an engaging and accessible way.
- Masters of Scale – Reid Hoffman, co-founder of LinkedIn, hosts this podcast where he interviews entrepreneurs and business leaders, exploring how companies grow from zero to a gazillion.
These podcasts not only enrich students’ knowledge but also develop their listening skills and critical thinking. They are an ideal complement to traditional teaching methods, offering students a modern and engaging approach to business learning.
4. Internships for students: practical training and business skills development
Internships are an invaluable element of education, allowing students to gain practical experience in a real business environment. They enable the application of theory in practice and develop essential soft skills such as communication, teamwork, and problem-solving. For students interested in a business career, internships are the first step in understanding the job market and building professional networks.
Teachers and schools play a crucial role in facilitating access to internships by collaborating with businesses and organisations. Encouraging students to independently seek internship opportunities develops their initiative and job-seeking skills. Internships also serve as an excellent complement to teaching programs, especially in business, management, and entrepreneurship areas.
Finding internships for students can occur through various channels. Here are a few suggestions:
- Career centers in schools: many schools have career centers or career counselors who can assist in finding suitable internships. They often have connections with local companies and organizations interested in hosting interns.
- Job portals and specialized websites: numerous websites and job portals offer sections dedicated to internships. Examples include Reed.co.uk or LinkedIn. It’s also worth checking websites specialising in job offers for students.
- Career fairs and networking: career fairs organised by schools, universities, or local institutions can be an excellent opportunity to connect with potential employers. Networking and personal meetings often lead to the discovery of internship opportunities.
- Direct contact with wompanies: students can also independently reach out to companies of interest. Sending inquiries about internship possibilities directly to HR departments can be an effective method.
- Government programs and non-governmental organizations: government internship programs or projects run by non-governmental organizations often provide internships for young people. Checking offers on the websites of government institutions or organizations focused on youth education and development is advisable.
- Social media and industry groups: social media platforms such as LinkedIn, Facebook, or industry groups can serve as sources of information about available internships. Companies and organisations often publish their offers there.
Incorporating internships into business education is a step toward more practical and future-oriented learning. It gives students the opportunity to apply theory in practice, reinforcing their understanding. It also prepares them for entering the job market with a solid foundation of experience and skills, which is invaluable in their future careers.
5. Educational webinars: modern support for student learning
Educational webinars are becoming more and more popular and effective tools in the teaching process, offering students access to knowledge in a modern, interactive format. They allow learning to extend beyond the traditional confines of the classroom. Webinars enable direct interaction with experts and specialists from many fields and are an invaluable source of inspiration and motivation for further development.
Utilising webinars in education opens doors to more flexible and tailored learning to individual needs. Students can participate in live sessions or use recordings which allows them to learn at their own pace. Additionally, webinars are often supplemented with extra materials, such as presentations, notes, or interactive quizzes, enhancing engagement and learning effectiveness.
Introducing webinars into the curriculum is also an excellent way to develop students’ digital skills, which are essential in today’s digitized world. Teachers can use webinars as a complement to traditional lessons, offering students new perspectives and learning methods. This flexible and modern educational tool is a valuable element in shaping critical thinking, independence, and the ability to learn throughout life.
Data publikacji
21/12/2023
Rekomendowane
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Marzena Karpiak2024-05-20 09:52:252024-05-20 10:26:00Which school educates the best young managers in the UK?
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Marzena Karpiak2023-12-21 10:08:152024-04-23 21:33:585 effective methods to enrich business experience for students – practical tips for business studies teachers
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Marzena Karpiak2023-12-19 12:18:202024-04-23 21:34:48From boring to engaging with business simulations – change your A-level and GCSE business studies course
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Marzena Karpiak2023-12-19 10:22:232024-04-23 21:35:34Improve your A-Level and GCSE business studies course with simulations
