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Marketing
The EYB intervention cycle begins with marketing the programme.
EYB trainers market the programme to the right target group
based on their marketing plans, which they use in creating
awareness about the programme and attracting clients.
Needs Assessment
Following the marketing process, and client’s interest
in the programme, the EYB trainer visits the client to assess
the business’ needs. This is done to enable the trainer
to design truly needs-based training interventions that result
in high client satisfaction and significant training impact.
Alternatively, the entrepreneur may visit the trainer’
company to discuss the business growth needs.
Selection and Grouping
At this stage the clients are selected based on needs identified
and grouped according to common needs to ensure effectiveness
of the intervention. This is necessary to ensure that the
intervention (particularly) appeals to all the participants.
EYB Intervention Customization
The EYB trainer presents the client with the proposal for
the EYB intervention based on needs identified. It is necessary
here to be flexible in customizing the offer to clients, especially
in terms of organizing the session at times and places that
are convenient to your clients. This is further negotiated
and agreed between the trainer and clients.
EYB Classroom Training
At this stage clients are provided training in the EYB modules
beginning with Strategic Management and then followed by Marketing
Management,Operations Management ,Human Resources Management
and then Financial Management. It is recommended that after
the Strategic Management module, delivery of the other 3 modules
should take place 2-4 weeks after the Strategic Management
module. Training takes place in conducive seminar environments
where growth entrepreneurs feel encouraged to learn and to
network among themselves and with linkage partners. After-training
drinks may be organised at times to allow effective networking
and creation of effective linkages.
Follow-up Counselling
Session
Each EYB client receives two counselling sessions aftereach
module The purpose of the counselling is to encourage finalisation
of the growth plan and assist the client with its implementation.
The trainer will also assess the implementation of knowledge
and skills learnt during the EYB training.
Business Support Groups
A Business Support Group is a group activity where growth
entrepreneurs meet to discuss common problems on needs identified,
challenges and solutions, network with each other and receive
expert advice from invited resource specialists in identified
areas.
Business Support Groups are established by the
facilitator/trainer in response to specific business / sectoral
issues affecting a group of clients that cannot be effectively
addressed in regular classroom training.
Issues to be discussed in these groups range
from export or domestic markets, financial linkages, taxation
on business profits, etc, etc. As the relevance of organising
the group depends on the identification of common topics affecting
the growth entrepreneurs, they are considered optional.
Facilitation of Financial and Business
Linkages
Throughout the training and follow-up process, the client
is assisted with various linkage services, which are important
for the GOE to achieve growth. Clients can be linked to credit
providers, business / contractual opportunities, export development
agencies, legal services and more.
Linkages to Finance:
here the EYB trainer establishes a relationship with suitable
finance institutions willing to provide business finance needs
for the benefit of EYB clients. Finance institutions are invited
to make presentations on their lending requirements and other
services during the classroom training and Business Support
Groups. Potential linkage partners range from commercial banks,
leasing and venture capital companies and so on.
Business linkages:
here the EYB trainer facilitates a relationship between the
client and various business service providers that lead to
substantial added value to the client. These could be business
linkages through institutions facilitating sub-contracting
of products and services between large and small firms for
local businesses, or export development agencies to assist
firms interested in developing export markets.
These relationships interface with the EYB programme
at the classroom and business support group level. The EYB
trainer invites the relevant institutions. This provides for
a forum for these institutions to market their services and
interact with potential clients for their services. The interaction
can lead to the establishment of business relations between
the provider of services and the growth entrepreneur.
Specialist Support Services
Linkages can also be provided with specialist support services.
These could be insurance companies, accounting firms, advertising
agencies, computer related firms and legal services as identified
during needs assessment.
Mentorships
These are programmes where professionals give their time to
counsel businesses on a variety of areas. Their services may
be offered as individual experts or through an institutional
set-up providing expertise and resource persons. The EYB programme
seeks to link up existing mentorship programmes and EYB enterprises
to address their specific needs.
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