Last month, PYC hosted a business management and capacity building workshop with guest speaker Mr. C. Ramsby, a Swedish investor. The workshop focused on management style, business management, evaluations and definitions. The students were asked to develop their own business plans which Mr. Ramsby offered to revise, correct, and even finance if he deemed them economically viable enough. The capacity building workshop helped to push the students to think differently and contribute to the conversation, each student coming up with a business idea to contribute to the group.
Mr. Ramsby used real-life situations to help the students to imagine and relate to business management. He asked the students what they do to deal with everyday life situations, relating this to how to effectively assign and manage tasks in business, breaking down each and every task that is done to make an event a success – from washing dishes, shopping, cleaning the house, cooking and serving food to guests. Mr. Ramsby highlighted that each person’s individual effort helps to contribute to the success of an organization. He also talked about 360 degree business analysis and the need to make assumptions when doing business planning.
Mr. Ramsby then talked about innovation, highlighting the importance of new ideas, explaining that when planning, it is important to create unique selling propositions which should be the team, the product or the package.The students were challenged to work together, improving their team-work skills. They loved the workshop and asked to have Mr. Rambsy back at the centre for other business management and capacity building workshops!