I believe teaching business or entrepreneurship skills to the youth are essential. One could argue that starting at preschool would be best; something as small as teaching young children that hard work is rewarding, e.g., making lemonade and selling it at a profit to friends, family and neighbours, will demonstrate good basic business practice. Young children and the youth have so much to gain by learning basic business practices such as marketing, money skills, management and time management, as this provides essential life skills such as responsibility, good self esteem, negotiation, innovation, team work and communication. http://www.entrepreneur.com/magazine/entrepreneur/2004/march/69184.html (Accessed 18 June 2009)
The South African education system lacks resources, infrastructure, materials and staff as a whole and is currently in a transitional stage http://www.southafrica.info/about/education/oecdedu-081008.htm (Accessed 18 June 2009) where more focus will be placed on addressing these identified weak areas as soon as possible. This transitional period could benefit a campaign stemming from Tertiary Educators and private sector involvement where the new government can be alerted to include entrepreneurship in the curriculum, starting with preschool.
Doing my research on an organisation where I could lecture and be involved with youth programmes by teaching business skills, I selected University of Cape Town Graduate School of Business (GSB). This organisation fulfils the selection criteria agreed in the group listed in Figure 1.
Figure 1 - Six Criteria to look for in an organisation you would work for
Six Criteria to Look for in a Business
The GSB is part of the University of Cape Town, South Africa's oldest university, well known for its leading-edge research and outstanding international reputation and has existed for 175 years http://www.uct.ac.za/faculties/gsb/ (Accessed 19 June 2009). During this period, the...