Partly Cloudy

Partly Cloudy

max temp: 14°C

min temp: 8°C

Search

East Anglia: Business leaders support Lord Young’s ‘Enterprise for All’ report

13:23 20 June 2014

Lord Young, the prime minister

Lord Young, the prime minister's enterprise adviser, has published his Enterprise for All report detailing how the education system can help give youngsters entrepreneurial skills.

Archant

A report by former government minister Lord Young suggesting measures to foster an entrepreneurial spirit among young people has been welcomed by business leaders in East Anglia.

shares

Lord Young’s study, Enterprise for All, proposes a range of initiatives covering age groups from primary school pupils to undergraduates.

He says that the end of the “job-for-life” culture means that young people are likely to have multiple careers during their working lives, with a greater probability of running a business of their own.

Under his recommendations, even the youngest school children would be taught about the role and importance of business and the need to make a profit. Other plans include allowing secondary school pupils to create their own start-up businesses and the creation of an enterprise society in every university.

Lord Young said: “The most employable skills of all are the three Rs but they, by themselves, may not be sufficient unless accompanied by an enterprising attitude.”

And he added: “Enterprise means far more than just the ability to become an entrepreneur. It is an attitude and set of skills that are vital in today’s growing global economy.”

The recommendations were backed by Kevin Horne, chief executive of regional enterprise agency NWES, which includes a charitable arm that works extensively with schools.

“This is not about turning out ‘little Alan Sugars’ but about getting people to think in an enterprising way and developing team skills and leadership skills,” he said.

“Hopefully, it will lead to some of them running their own business − there is nothing wrong with that − but the idea is to add to the curriculum and to provide social skills and employability skills.”

Mr Horne added: “The report says that education and business should not be two separate spheres. I believe that is correct, and that we should start at an early age.”

Lord Young’s report was also broadly welcomed by Suffolk entrepreneur Henry Catchpole, although he cautioned that it would be wrong to place excessive emphasis on profit.

Mr Catchpole, formerly head of pensions business Suffolk Life, which was sold to Legal & General in 2009, and now chief executive of management software company Inform Direct, said: “Lord Young may be slightly optimistic that teaching primary school children how to set up a business and make a profit will foster a new wave of entrepreneurs.

“However, that is not to say it should be shouted down. Indeed, ‘business’ could be a great topic for practicing the 3Rs, which after all are the fundamental skills that everyone needs whatever they subsequently turn their hand to.”

He added: “Where the idea is embraced it will be important that schools do not simply equate success with the amount of profit made. Any businessman will tell you that their greatest lessons have been learned from what didn’t work!”

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Yum Yums Cookery School, a nonprofit community organisation which runs cookery classes at primary schools in Ipswich, has received funding worth £500. Children at Whitehouse Primary celebrating the news. Adults L-R Dawn Burrows, Charlotte Burrows, Ron Impey, Emma Youngman.

An after-school cookery class scheme is celebrating after receiving a vital funding boost.

Foxglove Gardens

There is a dip in Foxhall Road, a depression that is in geographical terms the start of the Mill River, writes John Norman, of the Ipswich Society.

Auschwitz Birkenau

The stories of the holocaust have been recounted in history lessons for decades but there is a difference between what we read in books and what we see for ourselves as 15 Suffolk pupils discovered on a visit to Auschwitz .

Should cyclists be allowed to go through red traffic lights when it is safe?

A cyclist rode through a red light and turned left while I was walking the dog this week. It was 6.20am, there was no other traffic so no risk but, officially, the cyclist had broken the law.

Firefighters from Essex and Suffolk tackled the fire at Ashen.

Firefighters from Suffolk and Essex spent much of Saturday night tackling a blaze in a 3,000-tonne stack of straw at Ashen, near Stoke by Clare.

Once upon a time, shopping was my therapy, writes mum-of-three Ellen Widdup.

Blue Crater Lake

If you love Lakes and Mountains holidays then you will adore the Azores. But why? asks Andrea Powell.

The A11 at Elveden.

An air ambulance landed on the A11 at Elveden this afternoon to help a woman who was involved in a car crash.

Braintree celebrate Michael Cheek's goal

Braintree Town were always in control in front of the BT Sport cameras, as they cruised to a 3-0 win over Altrincham to set up a National League play-off semi-final clash with Grimsby Town.

Halifax Town v Braintree Town - Kenny Davis

Braintree Town take on Altrincham, needing just a point to secure a place in the National League play-offs.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24