Haberdashers’ Character: Livery Entrepreneurs’ Challenge

Haberdashers Futures is an important part of the Haberdashers’ Advantage programme, which focuses on broadening students knowledge about life after school and what their next steps might look like after leaving full time education.

March = #NationalCareersWeek

Skills such as leadership, entrepreneurship and team work are important life skills to learn in preparation for the world of business. So last week Year 12 students from across the Livery network of schools, stepped into the shoes of business leaders, competing to run a virtual company. We were delighted to be joined by students from the Merchant Taylors’ Company, the Leathersellers’ Company, the Skinners’ Company, the Mercers’ Company, and the Grocers’ Company and their respective schools.

The inaugural Livery Entrepreneurs’ Challenge is a collaboration between The Worshipful Company of Entrepreneurs, the Haberdashers’ Company’, and Enterprise Skills Ltd, designed to test a young person’s critical thinking, decision-making, and essential career skills in a high-stakes, real-world simulation.

Alongside students from other schools, they competed in challenges that tested their entrepreneurial thinking across key business metrics. The teams faced the tough task of running a mobile phone company and making strategic decisions on pricing, customer satisfaction, marketing and employee well-being.

Students had the opportunity to learn networking skills and be inspired by entrepreneurial leaders such as Rick Lowe and Rakhitha D., who shared their journey and insights.