Learning business

Challenges in Business Education system of Georgia

According to the general definition Business Education involves teaching students the fundamentals, theories and processes of business, as an educational field, it occurs at several levels, including secondary, higher and university education.

Approximately 38% of students enroll in one or more business courses during their high school tenure around the world  but unfortunately, not every country is familiar with this tendency, for instance, Business Education is taught at secondary level in Austria, Canada, Hong Kong, India, Pakistan, etc. in Georgia and in most of other countries Business as an academic study can be learnt mostly at the university level.

In Georgia including business education in school studies started in 2015 when conversation was going on inserting business skills as a subject for elementary school children, project was funded by the USAID in collaboration with The Ministry of Science and Education of Georgia and Junior Achieving Georgia, at the first stage this reform was planned to be introduced in twenty-seven schools, teachers of which were specially trained for this novelty.

This program offered unique educational experience for students as a result of which they would better understand and perceive business world, which they are expected to have right after finishing school. Business Skills classes at the primary (I-IV) classes were conducted by tutors and volunteers invited from the private sector, which themselves leaded the program for V-VI classes.

Business lessons included fun games and activities, where volunteers shared the basic concepts of economics and finances, helping children to solve their problems in creative ways and consolidating useful life skills too but time after time speech about the business education hushed up and today most of the schools don’t have this field included in school agenda but even these activities only couldn’t help changing whole picture of Georgian school education, as long as country’s rural schools still face big problems connected with money, transportation, etc. and situation is getting even worse in mountainous regions where schools usually have problem with  hiring competent executives of some subjects, thus, before intense implementation of Business field whilst school learning, the government will have to manage preparatory actions connected to school life in general too.

In 2016, Georgia has opened its first Tech Park, providing the capital, Tbilisi, with a dedicated site for the development of innovations and technologies, which already became space for unique business possibilities and the most important, it strongly encourages young people, even schoolchildren of last classes to enter in useful business trainings for free, share the knowledge of already successful entrepreneurs and even more, initiate own startups which have great opportunity of reaching local or foreign business sector representatives and fortunately, more and more young people are involved in these processes.

Business education is quite popular among Georgian school-leavers, but has it real prospects or not is still in need of proving, let’s look at the statistics, according to National Assessment and Examination Center in 2016 the highest number of applicants were driven into Ilia State University Business Administration faculty but if we draw parallels, according to the research conducted by the Friedrich Ebert Foundation, in the same year about 46 % of young people under the age of 14-29 were unemployed  and it’s also noteworthy that only 31% of young people were employed by their first profession, in which Business is firmly included. Reasons of unfortunate statistics can be many, but mostly that students usually take only theoretical education of Business, whilst, the best way of learning this field is to practically arrange theoretical part, as it is done in many foreign universities.

Business Education usually combines elements of accountancy, finance, marketing, organizational studies, human resource management and economics, thus, informing people with this knowledge from school age will help them to acquire useful skills for future career and most important, prepare them psychologically for the time when they’ll have to face far more important obstacles of life which will begin to surface right after achieving school degree, thus, for Georgia, which has great resources for  businesses, having lack of people knowing how to manage and gather together all these resources strongly affects economic development of the country.

Maybe that’s the reason why most of business organizations in the area are run by foreign entrepreneurs as long as there is a lack of local cultural background of teaching how to do business from childhood and general educational system isn’t ready to prepare competitive young entrepreneurs acquired with strong practical business skills and only few exceptions are willing to make their own contribution in the field.

 

Author: Tamar Devdariani © BUSINESS GEORGIA

Internship Business Georgia

START YOUR CAREER IN BUSINESS GEORGIA!

 

Media company BUSINESS GEORGIA is offering internship programs for students and graduates which are open all year round and you are free to apply anytime you prefer.

As you know, BUSINESS GEORGIA through its media channels is spreading business information about Georgia and each Intern will have opportunity to discover the business sector of Georgia and create valuable working experience.

Below is the information about the Internship Programs:

  • Location: Tbilisi, Georgia
  • Start time: All year round you can apply and start
  • Duration: 6 months
  • Working language: Georgian/English
  • Internship directions:

PR

Marketing

Business Journalism

Administration

Events management

Digital media

Visual media

Print Media

Design (Graphic or Motion)

Social Media

  • Working conditions: Internship can be part-time or full-time, from office or from distance. The internship is not paid
  • Our expectations: Fluency in English language, ability of time management, strong feeling of responsibility towards obligations, motivation to learn and develop your skills
  • Your benefits: Internship contract which you can use for University credits, Internship completion document, work experience, successful Interns will be offered job opportunity in BUSINESS GEORGIA
  • How to apply: Send your CV in English, indicating in subject line the preferable internship directions, to the  t.ubiria@businessgeorgia.ge

 

We look forward to working with you!

Internship Journalism

BECOME A TOP BUSINESS JOURNALIST WITH US!

 

Media company BUSINESS GEORGIA is offering internship opportunities for students and graduates in Journalism which is open all year round and you are free to apply anytime you prefer.

As you know, BUSINESS GEORGIA through its media channels is spreading business information about Georgia and each Intern will have opportunity to discover deeply the business sector of Georgia, expand analytical skills and create valuable articles which will be useful for local or international readers and Intern’s professional development.

Below is the information about the Business Journalism Internship Program:

  • Location: Tbilisi, Georgia
  • Start time: All year round you can apply and start
  • Duration: 6 months
  • Working language: English
  • Working conditions: Internship is part-time and you will work from distance. The internship is not paid
  • Our expectations: 1-2 articles per week that Intern should prepare in English language based on the topics that we will give related to Georgian business sector
  • Your benefits: Internship contract which you can use for University credits, Internship completion document, work experience, your best articles published on our website and magazine, successful Interns will be offered job opportunity in our company
  • How to apply: Send your CV and 2-3 articles in English to t.ubiria@businessgeorgia.ge

 

We look forward to working with you!

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Nassim Taleb will deliver 2-day lecture on Antifragility in Tbilisi

On March 30 and April 1, Nassim Taleb will run a 2-day Antifragility workshop for 100 top managers from the largest companies in Georgia and the CIS countries. The globally recognized author will talk about how to measure antifragility and cultivate it in yourself and your company. The event will be opened by the Minister of Finance of Georgia, Mr. Mamuka Bakhtadze.

Nassim Nicholas Taleb is the author of best-selling books Antifragile and The Black Swan. In addition, the participants will hear the excerpts from a new, yet to be published book Skin in the Game, the Logic of Risk Taking. For 10 years now, he’s been studying unexpected and predicted events in the global economy. Taleb started as a risk analyst at New York stock exchanges and ran his own hedge fund.

Antifragility is the ability to benefit from failures, become stronger when facing difficulties, and move forward even under high uncertainty. The term was coined by Nassim Nicholas Taleb in his best-selling book The Black Swan.

We’ve selected the most inspiring quotes from Antifragile:

ON ADVICE – “Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.”

ON WEALTH – “The record shows that, for society, the richer we become, the harder it gets to live within our means. Abundance is harder for us to handle than scarcity.”

ON LOSERS – “Further, my characterization of a loser is someone who, after making a mistake, doesn’t introspect, doesn’t exploit it, feels embarrassed and defensive rather than enriched with a new piece of information, and tries to explain why he made the mistake rather than moving on. These types often consider themselves the “victims” of some large plot, a bad boss, or bad weather.”

ON TRIAL AND ERROR – “Further, the random element in trial and error is not quite random, if it is carried out rationally, using error as a source of information. If every trial provides you with information about what does not work, you start zooming in on a solution—so every attempt becomes more valuable, more like an expense than an error. And of course you make discoveries along the way.”

Due to the interactive format of the workshop and limited number of participants, everyone will be able to comment or ask the speaker any questions about his talk.

The event will take place at the Radisson Blu Iveria Hotel, one of Georgia’s best hotels located in the heart of the sunny Tbilisi.

BUSINESS GEORGIA is supporting this event as a media partner.

The organizers are offering to our readers a special 7% off via code “businessgeorgia”

Read more and register here

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Speak, Influence, Win

In order to become a speaker you do not need license, trainings or special courses. Everyone who has enough willingness, skills and qualifications can be public speaker. Attracting the required audience is now possible with social networks. Knowing communication techniques are essential for business as for career skills development and for the successful implementation of future professional activities.

BUSINESS GEORGIA spoke with Nina Pertenava, a Communications Specialist and Image-Maker about the art of public speaking.

What is the brief history of public speech?

The word “Rhetoric” is a Greek word and means the art of public speaking. Old Athens was known for its orators, two names are outstanding – Perikles (494-429 BC) and Demosthenes (384-322 BC). Pericles had an amazing talent for public speaking, he considered the foundation of oratorical speaking and Demosthene was tongue-tied from childhood and as a great cost was able to earn the name of the best orator. The significance of this talent also indicates that Aristotle wrote the work “rhetoric”, and Socrates could guess people’ profession, what education they had and so on, after observation on speech manner and gestures. Neither the Roman Empire fell to ancient Greece. This a fact, that the right words pronounced for the army could win the battle. The power of speech is given special attention in the beginning of the twentieth century, in particular when was written the book “propaganda, followed by radio and later television invention, which was one of the turning points not only in public art, but in the history of mankind.

Over the centuries, techniques of public speech are changing, what changes will you focus on?

Unfortunately, our world goes to simplification and Petrarka and Shakespeare’s language understands fewer people. In the twentieth century was created simplified language Basic English, which contains a total of 850 English words underlies Roosevelt and Churchill’s discussion, of how to simplify the English language, that majority of the world use this language. Soon it happened, and English took its place in TV and internet space. We should mention, that there are lots of video and audio files, everyone has the ability to write their own speech, and the more information you get, the more difficult it is to follow classical norms. The quality is lost, the frames are collapsing, and it becomes very fast. So changes are inevitable. Each time dictates its norms.

On a global scale, which public speech has a big impression on you and why?

I would advise everyone to listen to Martin Luther King’s best known speech “I Have a Dream” pronounced before 300 thousand Americans. In Washington in 1963 year. By this speech was definitely inspired, no less charismatic orator Barak Obama. Should be noted Winston Churchill’s oratorical talent, which has really impressed me.

What is a successful public speech and what skills are needed to be a good speaker?

In classic understanding the speaker must have several essential features. First of all, it’s charismatic, good voice tune, combination of spoken and body languages. The speakers should know how to practice voice, where to use pauses and accents. Pauses in the right places allow the listeners to understand and realized the speaker’s words. According to the volume of the audience, voice tune is also important. It is necessary to speak loudly and clearly, so that the listener does not strain while listening to the conversation. Pleasant conversation manner, analytical thinking skill and self-confidence in emotions are essential.

However, there are facts when one of the most successful orators win people’s heart by emotional speeches. Here I want to name the main character of the good orator – the ability to empathize when he can feel the mood of the people, often has a eye contact with the audience and  on face expresses countless emotions. The movement of eyes, mouth and face muscles can establish an invisible connection with the audience. Eye focus is the most important element of this process. With eye contact you will be directly connected to the audience. This will make them feel special and you will be able to understand whether they are interested or not, and if it will be necessary, you can change your presentation.

What mistakes are Georgian speakers mostly having?

As we do not consider specific examples, we will focus on more cases. There is a very correct pronunciation: “When people do not have arguments, it goes into aggression.” I think the Georgian reality is very similar to that. Often in public speeches (I do not mean a scientific conferences), are often critique or shift the blame, which is already an aggression and definitely causes a wave reaction. Logical and consistent tactics are usually contrary to emotions.

Are Georgians taking into consideration techniques of public speech?

Perhaps everyone likes a good speaker, but not all of them work on themselves. As a good speaker, I would like to mention Giorgi Targamadze was a very good journalist and ideally possesses his sound and tune, breath, intonation, pauses, mimic and gesticulation. This is accompanied by logically and easy understanding sentences. This is a result of great self preparation.

Many people have the fear of public speaking, what is the reason for this and how can people overcome it?

As a rule, almost every person has fear of public speaking. Even famous artists say in private conversations that they are worrying before going on stage. I will share some tips with you. First and main advice: Do not fight fear, it will deepen the stressful situation, there are just some special breathing exercises (on YouTube) that calms the sound and body vibration (shaky). The second advice: Before you go to the big and important audience, you have to rehearse before a familiar and friendly group. It is helpful. Third advice: As often as possible have interesting discussions. You can also read public lectures. Believe me, this advice helps me to overcome fear of public speeches and today I can boldly address any audience.

 

The Memorandum was signed between BUSINESS GEORGIA and Caucasus International University

The Memorandum was signed between BUSINESS GEORGIA and Caucasus International University

The Memorandum of Understanding was signed Between JSC BUSINESS GEORGIA and Caucasus International University to deepen partnership in the field of business and education.

Under this memorandum organizations will cooperate in the field of education, especially  for facilitating the implementation of educational programs in Management, Marketing, Journalism, Business and  Economics. The cooperation is envisaged  by providing  students with  internship programs, conducting public lectures, seminars, trainings and masterclasses; mutual support in the planning and execution of joint events dedicated to Ilia State University students’ educational and professional  development.

General Director of BUSINESS GEORGIA, Ana Gogishvili and the Rector of the Caucasus International University, Kakhaber Kordzaia signed Memorandum of Understanding.

“According to this memorandum, BUSINESS GEORGIA and Caucasus International University will be involved in the joint educational activities. BUSINESS GEORGIA is trying to contribute the professional development of students. Above achieving this goals, many programs promotion will be carried out on the basis of cooperation between two parties,” noted Mrs Ana Gogishvili.

At the Forum, Head of Public Relations of BUSINESS GEORGIA, Ms Tamuna Ubiria presented the Company activities to the audience.

BUSINESS GEORGIA’s strategic goal is to promote, support and develop Business in Georgia. For this purpose, the company planned to create and use different lines of Media, including Printed, Digital, Event, Travel and Visual Media, to collect, analyze, share and spread useful information for Georgians as well as Foreigners. Business Georgia as a media source is proud of being a special reference for all interested bodies on creating or developing business or investing in Georgia.

Since the day of establishment, Business Georgia has already launched several products, such as bilingual magazine Business Georgia, monthly based Business Forums and Business Tours.

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The Business oriented Education as a priority

Sort and Recycle, Paint Path, Math Balloons, Shopping Cart – this is the incomplete list of the applications that were created by the members of GeoLab. Total amount of project participants, nowadays, is up to 40. At the current moment, some of them are trying to transform from the start-up level to a strong company. That’s the plan of young programmers’ team, SeeMind, which has already created Paint Path application. The young start-ups are currently undertaking the same road, as the most strongest and famous companies, including Google.

In her interview with Business Georgia Natia Gavardashvili, Mobile internet and additional services supervisor at Geocell, highlighted the importance of practice based education for business support and development. “In GeoLab person with a new idea is always welcome, we listen to him/her and help as much as possible, give the right direction, the strong sides of idea are highlighted and if it is assumed that this idea can become part of business or help somebody else’s business or even cover the social sphere, author is given right directions. So here we help people to get practice based education, share their ideas and even become successful start-ups.”

Georgian students at NASA

Meet the new winners of the second-annual Millennium Innovations Award. Four young Georgian students of the winner team named Solar were in NASA taking part in the annual innovations summit at the NASA Kennedy Space Center. Their project “Innovative technology for increasing solar cell efficiency” won at the Millennium Innovations Award competition.

The members of the winner team: Giorgi Nioradze, Vakho Kontridze, Giorgi Marjiani and Beka Mikadze

It was the second time the award took place in Georgia aiming to promote science, technology, engineering and math (STEM) disciplines with Georgia’s lower and upper secondary school students (ages 12-17) and as a result reveal the young talented Georgian inventors.

65 teams from 9 regions of Georgia submitted projects, 10 out of which advanced to the final stage. Millennium Innovations Award was carried out with the support of US Embassy in Georgia.

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New Trend for Georgia – FabLab & Business Incubators

With the initiative of Georgia’s Innovation and Technology Agency, nowadays start-ups face more opportunities in Georgia. After successful launch of innovative project called FabLab, agency in the collaboration of Technological Development Fund has recently established 2 new business incubators.

FabLab (Fabrication Laboratory) is specially created for the inventors who will get the chance to create actual working, market oriented models of products (prototypes). Lab is fully equipped with 3D printers, CNC, Laser cutters, 3D scanners, vacuum forming machines and other useful electronics & robotics tools and equipment.

On the other hand, business incubators will create convenient atmosphere and good pre-conditions, basis for the start-uppers  that have innovative business ideas. Incubators will help them in the implementation by providing full technological support.

In the November issue of Business Georgia you can read the full article, that has been prepared regarding all the useful sides of this new initiative.

 

mba25, world business schools, business georgia

World’s Top Business Schools in Tbilisi!

SDA Bocconi, Manchester, IE – World’s Top Business Schools will Come to MBA25 Event in Tbilisi!

[columns_row width=”half”] [column] [dropcap letter=”O”]n October 31st, Georgians that are interested in getting business education abroad will have the unique chance to attend the largest educational event, which dedicated MBA abroad!

MBA25 event– it is an opportunity to meet personally with Admission Directors of TOP 25 world’s business schools and successful alumni from INSEAD, LBS, Wharton, Kellogg, ChicagoBooth.[/column]

[column] The Admission Directors of SDA Bocconi, Manchester, IE and other business schools will discuss with you all the features of education in TOP business schools and will help to make the right choose for every candidate. [/column] [/columns_row] [separator type=”thin”]

The MBA25 will focus on:

– What is the MBA education, how can it change your career and how will your income increase for 2 years at 30%?

– How to become competitive during the crisis in Georgia and in the world?

– Where can you learn the most popular programs and understand which MBA program will give you the highest ROI?

– How to get job in an international company?

 

The participation is free, but you need to register beforehand. Sign up now! (http://mba25.com/Tbilisi?ref=719)