Students in Free Enterprise (SIFE) South Africa will be hosting their Executive Leadership Training Event from 24 to 27 November 2010 in Johannesburg.
This event will bring together approximately 180 national student leaders and their faculty advisors from 26 SIFE University teams across the country, to receive training on entrepreneurship, as well as business and professional development.
This annual event is part of SIFE’s ongoing initiatives to improve the quality of life and standard of living in communities around the world through outreach projects that teach tangible principles of entrepreneurship.
“This training programme aligns well with Global Entrepreneurship month, which is celebrated in November, in that it is focused on developing successful, skilled entrepreneurs that can strongly contribute towards economic growth and development for the country,” says Letitia de Wet, CEO of SIFE SA.
“The Executive Leadership Training Event aids in not only delivering strong direction to the students, but gives them guidance and mentorship to encourage their own leadership abilities on their campuses and in their communities. We know that skills transfer is key to government’s objectives in developing entrepreneurs and as such, this training event is well placed in support of these goals,” adds De Wet.
A host of topics will be covered over the three day training programme, all of which is aimed at equipping the students with strong leadership, business and management skills that will assist them in understanding how to manage their teams and their projects.
“The purpose of these SIFE management teams is to motivate the active team membership during the 2010-2011 Program Year, to design, develop and implement community-based micro-businesses or educational outreach projects. These projects have to be underpinned by skills transfer for the students and the community itself," says De Wet.
"Additionally, all projects undertaken have to be focused on the creation of real economic opportunity through hands-on and practical business training for the community the student teams choose to work with.
“As a result, the learning and focus of our training needs to be very strong and targeted and SIFE has to ensure the students are well equipped with the required knowledge to undertake strong sustainable community projects. Not only are these students learning to become entrepreneurs but also to make an impact on the socio-economic standing of their communities,” continues De Wet.
The key areas that are covered in the training programme include project planning, implementation and measurement; the preparation of annual reports and audio/visual presentations; overall organisational management and administration; and effective communication.
Additionally, critical business skills will be imparted, which will focus on personal competences, goal setting, risk taking, opportunity seeking and initiative, financial aspects, business planning, career planning and business in general.
SIFE teams are led by faculty advisors (senior academics) through a year-long community outreach programme which culminates in a national competition, in which their efforts and projects are judged by leaders from the business community.
At the competition, SIFE teams present the results of their educational outreach projects and compete to determine which team was most successful at creating economic opportunity for others.
“During 2010, SIFE was active on 25 university campuses nationally, and we are seeing continual and a steady growth in membership. I believe this ongoing interest in our programme is because we actively teach, mentor and guide students in leadership development.
"Certainly, with the continued support of the country’s universities and the private sector, we will maintain our ability to deliver skilled entrepreneurs into the private and public sector in South Africa,” concludes De Wet.