This Field Day four Habs students (Larissa (L6 HR), Sophie (L6 MO), Euan (SFM2) and Nikhil (SFS3)), accompanied by Dr St John of the Economics Department, headed up to Haberdashers’ Hall in London to represent the school in the Livery Entrepreneur Challenge.
This is a competition inspired by the Company of Entrepreneurs and designed to promote entrepreneurial thinking among young people associated with various schools associated with the London livery companies – Merchant Taylors’ School, The Skinners School, Mercers’ School, and of course our very own Habs. The event was brilliantly hosted by the Haberdashers Company, and our Habs students made up two separate Haberdashers teams by joining with four pupils from other Habs Foundation schools.
Each team was given the scenario of running a mobile phone company and, working online, had to formulate strategies for pricing, customer satisfaction, marketing, employee well-being and a host of other metrics to maximise profits. It was a highly challenging task, and over four stages the collective results were announced to growing excitement among the competing teams.
Both the Habs teams did very well. The team including Larissa and Euan made consistently insightful business decisions and maintained a fine performance standard across the four business quarters. But it was the Habs team including Sophie and Nikhil that truly excelled in entrepreneurial thinking since they emerged overall winners of the competition!
A tremendous achievement by them and one rewarded by a splendid silver trophy and a day of work experience at a prestigious London hotel. It was the perfect end to a highly enjoyable, interesting and inspiring day, and the school is grateful to the Haberdashers’ Company and Guild of Entrepreneurs for doing so much to make it possible.
