Young people are preparing for a very different world from the one we know. This is why Ulton has partnered with Queensland Private Enterprise Centre (QPEC) to help build the business skills and interests of year 10 and 11 students. ECOMAN, a three-day workshop is run once a year from our Bundaberg office.
Students work in small teams to run their own business against different economic scenarios, all while competing against other schools. Students learn the basics of managing a ‘real’ business through the four phases of a business cycle.
Students make decisions about the demand for their product, production outputs, sales and marketing, environmental impacts, training and numbers of personnel, management of budgets, income and expenditure statements, dividends paid and borrowing.
Students gain insight into teamwork and group dynamics by taking on different management roles including Chief Executive Officer, Finance Director, HR Director, Production Director and Sales Director.
At the end of the workshop, the Annual General Meeting is held where students make business presentations on their company’s success to Ulton representatives and other special guests.