VE New Coordinator Training

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The Backbone of the BEAT Academy
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All about student learning and participating in
business
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California Virtual Enterprise What is it?

• A simulated business
• Setup and run by students to prepare them for
  working in a real business environment

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California Virtual Enterprise What is it?
(cont.)

• Brings the business world to the students
• The Virtual Enterprise Program
• Follows in the footsteps of other business
  training programs
• Has the added advantage of linking students in a
  global business network.

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California Virtual Enterprise What is it?
(cont.)

• Students
• Determine nature of their business
• Determine products and/or services offered
• Develop the management structure
• Engage in the daily operations of running a
  business

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California Virtual Enterprise What is it?
(cont.)

• Teacher (consultant)
• The Guide on the Side
• NOT the Sage on the Stage
• Takes the teacher outside of the traditional
  instructional paradigm
• Places the students on the front lines of the
  business world

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California Virtual Enterprise What is it?
(cont.)

• Business Partners
• Time and Expertise
• Mentors/Teachers
• Speakers
• Internships
• Curriculum Advisors
• Job Shadowing
• Host activities
• Interview panel members
• Presentation panel members
• Chaperon activities
• Extra equipment (fax machine, computers,
  software, tables, chairs, file cabinets, etc.)

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California Virtual Enterprise What is it?
(cont.)

• Business Software
• Emphasis is placed on using current business
  software, communications, and the Internet for
  business transactions.

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California Virtual Enterprise What is it?
(cont.)

• No cash is used at all
• Products and services are produced in facsimile
  only
• Employees are paid, and business is conducted,
  via check or electronic funds transfer
• Enterprises are linked together in regional,
  national and global networks
• The firms have each other as trading / business
  partners
• Network permits standardization and coordination
  of activities among all firms

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California Virtual Enterprise What is it?
(cont.)

• The California Network of Virtual Enterprises,
  International is founded on the five fundamental
  beliefs that-
• All students can learn
• Learning should be relevant
• Students should apply what they learn
• Students should be encouraged to explore career
  options
• Students should understand the world of work

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History

• Virtual Enterprise began in Europe after WWII,
  though the idea dates back to apprenticeship
  concepts of the 17th century.
• There are now over 3,000 Practice Firms (as they
  are called outside the USA) in Europe, Canada,
  Australia, Asia, and Latin America.

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History

• The first Virtual Enterprises, International
  program in the United States was implemented in
  seven New York City high schools in September
  1996.
• Currently, there are over 450 practice firms
  operating in the United States at secondary and
  post-secondary levels.

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The History of the Virtual Enterprise Program

• Kern High School District in partnership with the
  El Tejon Unified School District
• Established the California Network of Virtual
  Enterprises, International in 1998.
• Kern High School District is the location of the
  Virtual Enterprise Center (VEC) for the State of
  California.

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History of VE Program GrowthOver the Prior Years
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California Partners

• California Department of Education
• County Superintendent of School Office
• California School-to-Career Consortiums
• Tech Prep Consortiums of California
• California Business Education Project
• Junior Achievement

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California Partners

• Through local contact with business partners the
  Virtual Enterprise student develops an
  understanding of the diversity of jobs through
• Job shadowing
• Mentorship
• Internships
• Employment
• Additional support from Virtual Enterprise
  Business Partners include
• Assistance with curriculum development
• Student and teacher workshops
• Student scholarships
• Student internships
• Teacher externships
• Financial support

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CA Virtual Enterprise Central Office

• California Virtual Enterprise Center (VEC)
• Located in Bakersfield, California
• Managed by the Kern High School District
• For participating schools, the California VEC
  provides the following services
• Electronic banking (a clearing house with other
  national and international banks)
• Electronic mail
• Network web site
• Data collection
• Company ratings
• Network meetings
• Curriculum resources
• Acts as a communication center for the network.
  State coordinators
• Organizes activities for many CA students to
  attend National and International Trade Fairs.
• Offers annual coordinator training for new
  participants in the network (a mandatory
  component of the CA simulation)

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The Virtual Enterprise Central Office What is
its role in VE?

• Communication Center E-mail and Phone
• Training Center Offers network trainings
• State Banking Center Runs daily operations
• Network Web Page Host
• E-mail Exchange Administrator - Email
• Curriculum Development Center Makes sure that
  curriculum aligns with state standards
• On-Line Assessment Coordinator Measures student
  success on business core standards
• Develops Network Calendar of Events
• Offers ratings of companies for accountability
• Standardizes Network Tasks
• Coordinates State Steering Committee meetings
• Represents California VE network nationally and
  internationally

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National Network

• California Network (Secondary) http//www.virtuale
  nterprise.org
• New Jersey Network (Community Colleges)
  http//www.mccc.edu/ibpf/
• New York Network (Secondary) http//www.veinternat
  ional.org/
• New York Network (College) http//ive.cuny.edu/
• Virginia Network (Secondary) http//nnadmin.sbo.nn
  .k12.va.us/ve/
• Rochester, New York (Secondary)
  http//www.rcsdvep.com/
• South Carolina (Secondary) http//members.spart5.k
  12.sc.us/venterprise/veprogram/

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International Network

• The International Network
• Provides structure for all Virtual Enterprise
  financial transactions.
• EUROPEN is the international network of practice
  firms
• Consists of thirty-five countries with over 3,500
  practice firms (virtual enterprises in the U.S.)
• Primary objective of EUROPEN
• supports the training of people in the business
  simulation around the world
• EUROPEN web site http//www.europen.de/englisch/in
  dex.html

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Program Structure Content and Supporting
Activities

• Local Trade Fairs Business Conferences
• International Trade Fairs / Student Exchanges /
  Video Conferences
• Job Shadowing Internships with Corporate
  Partners
• Business and Annual Report Presentations
• Company Grand Openings
• Open Houses

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Program Structure Content

• Essential business skills are delivered
  throughout the program
• - Entrepreneurial Skills
• - Information Processing
• - Understanding of Global Economy
• - Money Management
• - Presentation Skills
• - Guiding Principles / Workplace Skills

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Program Structure Content

• VE firms are engaged in a business with current
  and emerging career opportunities
• - The program may serve as a capstone to a
  vertical career or tech prep program
• Technology is infused throughout the curriculum
• - All students develop computer literacy
• - Student employees take advantage of
  appropriate communication tools telephones, fax
  machines, e-mail, Internet

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Program Structure Process

• Student learning is facilitated through
  innovative practices
• They dont just go to class, they go to work
• They learn by doing not by memorizing
• They understand the corporate organizational
  structure by working in teams
• Their assignments are managerial tasks

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Program Structure Process

• Technology is used to enhance instructional
  outcomes
• All work is expected to be produced in a
  professional format
• Student employees use current office software
  products Word, Excel, PowerPoint, Access,
  Publisher, FrontPage, etc.
• Web sites encouraging e-commerce
• Use of on-line banking
• E-mail communications

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Program Structure Process

• Design, implementation and facilitation of change
  is a continuous process
• Once a virtual company is established it grows
  and changes every year with the influx of new
  employees
• There is no correct formula to make this work
  (scary, but true!)
• First year programs have the steepest learning
  curve.but it does get easier in the second year.

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Typical Task Calendar, Curriculum Units and
Lessons

• Accounting Invoicing
• Advertising Job Descriptions
• Alphabetizing and Filing Management Training
• Annual Report Networking
• Business Communications New Hire Procedures
• Business Plan Personal Finance
• Business Plan Presentation Recruitment of VE
  Students
• Code of Conduct Rubrics
• E-Marketing Sales Training
• Employee Evaluations Selling Your Product
• Employee Manual Personal Investment
• Ethics Strategic Plan
• Internet Searching Time Management
• International Marketing Trade Fairs
• International Trade Travel and Fundraisers

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Students Working Learning Together!
Creating a brighter future for everyone!
Click here forbeat inforecruit-06-07.ppt 2006
Trade Fair Slides