YALI RLC: My Experience (Day 24)

October 17, '17, the 24th day of training, was great. It wasn't really different from all the days we'd spent in ASCON because it was also full of activities. Physical exercise was done at 6; breakfast was taken at 7. Then, there was an assembly at the lecture hall where Mr Kappo spoke to us. Afterwards, the specific classes commenced lectures.

We, the entrepreneurs, continued from where we stopped the previous day. We placed the Porter's 3 Competitive Strategies with the Porter's 7 Forces. We looked at what blue ocean strategy is, and compared it with the red's. We learnt that red oceans can be likened to be a known market space, while blue oceans can be likened to an unknown market space. We dealt with the key principles of blue ocean strategy, and we dwelt so well on the 4 key factors to create a blue ocean: raise, eliminate, create, and reduce. During the snacks-break, we proceeded on a 'customer reach-out trip'. This was done to validate our business models and also ascertain the models' viabilities. We had fantastic experiences and responses to the questions posed to our respondents, which later on made us do some necessary adjustments or corrections to our business models. We wrapped the day up with 'business plan'. We learnt about the reasons one needs a strong business plan, and also the 7 common parts of the plan which are 'executive summary', 'business concept', 'market analysis', and so on.

An entrepreneur is someone who jumps off a clip and builds a plane on the way down. This is how the Civic Society Leadership class begun their discussions on Social Entrepreneurship. The day’s lesson was centered on understanding who is running an NGO or a Social Enterprise; going through Social Entrepreneurship Business Model, Traits of a Social Entrepreneur, the two Dimensions of Social Entrepreneurship and Social Enterprise Ecosystem. The class was made to understand that, the founder of an NGO in no way stands a chance of receiving salaries. Also, the amount of profit an entity puts back into its business classifies it under a social enterprise or a business.

The DG, ASCON, after asking about the progress of the training so far, assured us that our stipends would be ready for collection on Friday.

Lunch and dinner got served at the appropriate periods.

Day 24 ends!

Israel Bayode

Contributors:
Josiah Umar
Paa Kwesy

Comments

Post a Comment

Popular posts from this blog

YALI RLC: My Experience (Day 3)

Image
The 26th day of September 2017 was the 3rd day of YALI RLC, Nigeria Cohort 3 leadership training. It started, just like the previous day, with the physical exercise but got more attendance. All sorts of aerobics were carried out, without any music though. The exercise officially ended at about quarter past 6. Stark from Togo, Innocent from Ghana and I did some extra trotting around the ASCON campus before retreating to the hostels to prepare for breakfast and lectures. The breakfast was such that it's practically difficult for any participant to escape egg, except if one really hates egg; the yam was fried with egg, there's a serving dish full of purely fried egg which would be nice for either yam or bread, and the stew was absolutely ‘egged’. So, we can conveniently say that Day 3's breakfast was eggy! Dr. Uwem Akangson, after breakfast, started by recapitulating what was done the previous day, especially the not-the-formal-type-of-debate he moderated. He said he was thr...
Read more

YALI RLC: My Experience (Day 32)

Image
The 25th day of October, the 32nd of NC3, was fantastic! Dr. Pascal talked on 'Decision Making' and 'Distress'. He said, "if one doesn't want something, one should change it; but if one can't change it, one should change the way one thinks about it." He said there are three levels of stress: the first is 'calm', a level where the stress and performance are both low; the second is 'eustress', which simply means 'beneficial stress', a level where the stress one has undergone is tantamount to the performance; and the final one is 'distress', which is the state at which one has been so much stressed and yet there's low or no performance. The objective of the talk on stress was to make us know how to better manage stress as young African leaders. The class was absolutely incredible and fun. However, Mr. Kappo talked about the 'Vicious Cycle of Poverty'. At about half past 2, the simulation challenge commenced bu...
Read more

YALI RLC: My Experience (Day 16)

Image
It was Monday, the 9th day of the month of October, the 16th of the training. It was the third Monday, and it was entirely different from the first two. Everyone received lectures in his or her track. But some participants in the other tracks wished to be in 'Business and Entrepreneurship'. I really don't know why! Maybe it's because of how engaging and interactive the track really was; I can't say, really! As usual, breakfast got served after the period for calisthenics. At 8, most of us were already assembled at the usual lecture room. After some time, Mr. Kappo came and addressed us before those whose tracks are 'Public Management' and 'Business and Entrepreneurship' left the room for the 'Civic Leaders'. The Entrepreneurs were taught by the 'Three Wise Men'. Mehn, these guys are talented; they're 'loaded'. The class was really engaging and interactive. Dr. Bernard Acquah Obeng was the chief speaker; but be...
Read more