On Friday the 28th of June the Young Friends of Herringthorpe alongside the Enterprise Champions attended the Enterprise learning market at the New York Stadium. Over three weeks the children were asked to make decisions on what to make and sell at the learning market. Decisions were made to make headbands, pin cushions, key rings and phone charms. The children worked through the big 13 in order to ensure they were planning, making and evaluating their products –
- Risk Management
- Negotiating and Influencing
- Effective Communication
- Creativity and Innovation
- Positive Attitude
- Organising and Planning
- Decision Making, Problem Solving & Identifying Opportunities
- Making Decisions – Ethical and Economic
- Financial Literacy
- Product and Service Design
There was a focus on financial literacy, ensuring they were able to calculate the cost of all the materials.
The children took part in market research locating various businesses and stores that were selling similar products in order to find out how much people were willing to pay to purchase their items.
The event was a great success allowing the team to reflect on future decisions.