Annual Report - Junior Achievement Hong Kong

Junior Achievement Hong Kong
2014/15 Report
Empowering Young People to Own Their Economic Success
ABOUT JA
Junior Achievement (JA) is dedicated to inspiring and preparing young people to succeed in the global
economy, through applied learning programs in work readiness, entrepreneurial thinking and
financial literacy.
Junior Achievement Hong Kong (JA HK) is one of the 121 chapters of JA Worldwide. We are a leading
provider of Other Learning Experiences in Hong Kong. Our programs enable young people to learn the
world of work from the first-hand experience of business volunteers. Since our establishment in 2001,
we have engaged the support of over 18,000 business volunteers from some 700 companies to serve
more than 300,000 students from over 600 schools.
Mission
Inspire and prepare young people to succeed in a global economy
Vision
Be the partner of choice for businesses, educators, and policy makers around the
globe seeking to expand youth, education and economic development
Values
Belief in the boundless potential of young people
Commitment to the principles of economics and entrepreneurship
Passion for what we do and honesty, integrity, and excellence in how we do it
Respect for the talents, creativity, perspectives, and backgrounds of all individuals
Conviction in the educational and motivational impact of relevant, hands-on learning
Belief in the power of partnership and collaboration
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MESSAGE FROM
THE CHAIRMAN AND CEO
Co-creating the Future of Business, the Future of Hong Kong
JA believes in the boundless potential of young people. Irrespective of their socio-economic
background and academic orientation, they can create their own success.
Dr William Lo, JP
Chairman
Junior Achievement
Hong Kong
Thanks to the tremendous and valuable support of educators, sponsors, business and
student volunteers, JA HK has become a leading provider of applied learning experiences for
youth in Hong Kong. Through engaging learning experiences and under the guidance of
almost 2,000 business volunteers, nearly 34,700 students from over 260 schools learnt to
develop their work readiness, entrepreneurial thinking and financial literacy in 2014/15.
We would like to extend our special thanks to Ms Vivian Lau, who served as the CEO of JA
HK in the last 12 years till February this year. JA HK has grown from strengths to strengths
under her leadership. We are pleased that JA HK can continue to benefit from Vivian’s
boundless passion and energy under her new role as President of JA Asia Pacific.
Globalisation, technological advances, growing life span, environmental concerns, changing
lifestyles and the shifting centre of gravity from West to East will result in a very different job
landscape for children of today. Hong Kong is also at the cusp of a momentous
transformation. There are widespread sentiments that this city has to reinvent itself for a
more sustainable future.
Rachel Chan
CEO
Junior Achievement
Hong Kong
As the needs of the local and global businesses change, it is ever more important that we
prepare our next generation of talents for the challenges of what could be a vastly different
job landscape. We need to equip young people with transferrable life skills that will enable
them to own their success in a fast changing world. JA HK aspires to nurture a new
generation of innovative, entrepreneurial, compassionate and civic-minded talents with a
global vision. The JA HK Board and team look forward to working closely with our sponsors,
partners and volunteers in the year ahead.
Young People are our Future. Let us invest in our future together!
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JA HK
PROGRAM OFFERING
“What do I
want
to be when
I grow up?
”
JA HK is a member of JA Worldwide, one of the world’s largest NGOs with a presence in
over 120 countries. JA is dedicated to addressing fundamental social and economic
challenges of young people by educating and empowering them to transform their future
and own their economic success. We help young people identify their passion, appreciate
their strengths, understand the market opportunities and prepare them for the world of
work. Our programs help youth set their career goals and develop essential skills so that
they can realise their dreams.
Passion
Market Needs
Life & Career
Goals
Strength
In partnership with the business and education communities, JA HK provides a range of
activity-based education programs designed to help young people develop their work
readiness, entrepreneurial thinking and financial literacy.
JA HK 2014/15 Programs
Tertiary
Secondary
Work Readiness
Entrepreneurship
Financial Literacy
JA Business Ethics
JA Success Skills
JA Work Readiness Seminar
JA Career Dimensions
JA Company Programme
JA Job Shadowing
JA International
Trade Workshop
JA Personal Finance
SH Workshop @ School
JA It’s My Business
JA Personal Spending 101
JA Leadership Seminar
Primary
JA Our Series
JA Play Week
JA More Than Money
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JA HK
2014/15
Nurturing Talents for Hong Kong
With the staunch and valuable support of the business
community, schools and the Education Bureau, JA HK has
become a leading provider of applied learning experiences
for young people in Hong Kong. In particular we have
served 220 secondary schools, representing a penetration
rate of over 43%. Going forward, JA HK seeks to enhance
the depth of the learning experience and the impact on
youth with more innovative program offerings that address
the needs of students in Hong Kong.
265
Schools
Contact Hours
1,985
Business Volunteers
94%
94% of the teachers agreed that students had benefited from JA programs.
Students gained essential career and life skills through the activity-based
programs.
88%
88% of the students agreed that business volunteers are valuable to JA
programs. Business volunteers inspired the young people with their real life
work experiences.
88%
4
176,097
88% of the business volunteers are interested in participating in more JA
programs. They also learned from participating students and developed their
leadership and communication skills.
JA STUDENT ACHIEVEMENTS
Developing Youth With Global Vision
JA Company of the Year 2013/14
Boundless, a JA Company at St. Paul's
Co-educational College
All company members participated in a
one-day ‘Experience HSBC’ program and
visited a Burberry store in the summer of
2014
Next Generation Leaders Forum
Hong Kong Delegates 2014
Anna Law, HR Director of Boundless, a
JA Company at St. Paul's Co-educational College
Roxanne Liang, Sales and Marketing Director of
Footstep, a JA Company at Po Leung Kuk Lo Kit
Sing (1983) College
Johnathan Mo, CEO of The Space Traveller,
a JA Company at Renaissance College
Anna, Roxanne and Jonathan had an international
exchange opportunity with young people from all
over the world at the Next Generation Leaders
Forum 2014 in Canada
CEO of the Year 2013/14
Johnathan Mo, CEO of The Space
Traveller, a JA Company at
Renaissance College
Jonathan ‘job shadowed’ a business
executive at HSBC to experience the life
of the top business management in Aug
2014
FedEx/JA International Trade Challenge 2014
Christy Cheung and Becky Fong from St. Paul’s
Co-educational College
Jimmy Chu and Chris Ho from La Salle College
Eric Lui and Wincy Yim from St. Paul’s
Co-educational College
The six students competed with and learnt from
young delegates from nine countries at the Asia
Pacific Final of the Challenge held in Hong Kong
Asia Pacific JA Company of the Year Competition 2015 in Bangkok
Student team from Boundless, a JA Company at St. Paul's Co-educational College
(Becky Fong, Jason Chang, Joanne Tsang and Wincy Yim)
Student team from UNI4, a JA Company at Christian Alliance Cheng Wing Gee College
(Fung Hiu Huen, Kwan Nam Ho, Liu Sze Nga and Lo Kam Wa)
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ENTREPRENEURSHIP
Nurturing Entrepreneurial Spirit in Young People
Entrepreneurial thinking and skills enable a person to be the boss of one’s life. Numerous studies have
shown that entrepreneurship education not only helps young people improve their academic performance
but also equips them with essential life skills.
Entrepreneurial Skills
Goal setting
Leadership and teamwork
Organisational skills
Problem solving
Communication
Risk taking and management
Creativity and resourcefulness
Financial skills
Learning from mistakes
JA Company Programme
Running a business enables students to develop entrepreneurial
skills that are valuable for life. JA Company Programme gives
students the opportunity to establish and operate a real business
under the guidance of business advisers. Participants have the
opportunity to represent Hong Kong at the Asia Pacific JA Company
of the Year Competition and the Next Generation Leaders Forum in
Canada to further their learning.
In 2014/15, the program engaged 75 school teams to take part in
the Trade Fair held at the Chater Garden in December 2014.
Participating teams competed at the Final Presentation
Competition and celebrated their success at the Graduation Ceremony in April 2015. Blueprint from Po Leung Kuk Lo Kit Sing (1983)
College was named “JA Company of The Year” while “CEO of The
Year” went to Anson Miu of Duct Tape from Sha Tin College.
“
6
87,522
75
115
156
Student
Contact Hours
Link Teachers
Schools
Volunteer
Business Advisers
I gained some good insights on how to run a company in the real business world. It is crucial to
understand what the market needs before coming up with a business idea. I also learned that
communication and teamwork are key to success. – Student
”
FedEx Express/Junior Achievement International Trade Challenge
Success in modern business requires global knowledge and
mindset. The FedEx Express / JA International Trade
Workshop provides a unique opportunity for students to learn
about international trade and gain hands-on experience under
the guidance of business advisors. Participants have the
opportunity to represent Hong Kong at the annual Asia Pacific
International Trade Challenge.
The International Trade Challenge 2014 Asia Pacific Final was
held in Hong Kong in August 2014. Fifty-four delegates from
nine countries, namely Japan, Korea, Malaysia, New Zealand,
the Philippines, Singapore, Thailand, Vietnam and Hong Kong,
took part in the competition. Participants were tasked with
creating a cohesive market entry strategy plan for a beauty
product/service, which also addresses a social issue of Kenya.
“
FedEx has always championed entrepreneurship, and we are proud to work together with Junior
Achievement to inspire the next generation of entrepreneurs. Through the FedEx Express / Junior
Achievement International Trade Challenge, we hope to equip young people with the knowledge and
skills to pursue their dreams and join the ranks of the next top business leaders.” – Anthony Leung,
Managing Director, FedEx Express, Hong Kong and Macau
”
JA It’s My Business
Successful entrepreneurs exhibit leadership, creativity and passion. JA It’s My Business helps students develop positive
and proactive attitudes towards their personal and career development. They learn about the life of successful
entrepreneurs and how to develop a business that can make money and impact to the society.
5,908
Student
Contact Hours
“
48
Schools
83
Business Volunteers
Students have learnt to take initiative and leadership through leading small tasks. The workshop allows
them to put their ideas into practice and understand what can be done to create impact to the society.
– Teacher
”
7
WORK
READINESS
Preparing Youth for the Workplace
To succeed in the world of work, young people need to equip themselves with both job-specific and soft
skills. Whilst technical skills are essential in any career, soft skills which characterise one’s approach to
people, work and life may ultimately be more important in determining one’s success. With rapid changes in
the job market, it has become ever more important for people to possess soft and transferable skills that can
be applied across different professions and careers. JA HK’s work readiness programs enable young people
to understand the importance of developing their soft skills. They will also learn the trends and
opportunities in the marketplace and practical job search tools and techniques.
JA Career Dimensions
Career planning starts from fostering understanding and interests from an early
age. JA Career Dimensions enables students to understand the local/global
career trends and opportunities in the high growth sectors, so that they can
plan their education and career paths.
I have learned that an entrepreneur requires a positive attitude to face challenges and setbacks. New
business ideas can actually help solve social problems and change people’s lives. – Student
8
JA Success Skills
Communication, collaboration, creative and critical thinking (4 C skills) are the
most important 21st century skills. JA Success Skills hones the 4 C skills of
students in a workshop setting, introduces the developments in the employment market and helps students build their personal brand through practical
resume writing and interview skills.
12,056
Contact Hours
68
Schools
650
Business Volunteers
The insights and advice from business volunteers are useful for students to reflect on what they
want to be in future. The mock interviews also help them build up confidence. - Teacher
9
JA Job Shadowing
Learning takes place both inside and outside the classroom. JA Job
Shadowing brings students to organisations for an up-close look at
professionals at work. Under the guidance of workplace mentors,
students acquire hands-on understanding of specific job categories
and industries. The experience makes a learning opportunity for not
just the students. Business volunteers also benefit from the views and
ideas of the participating students.
9,564
67
Student Contact Hours
56
Job Shadow Days
“
10
39
Schools Served
Host Organisations
477
Business Volunteers
The program gives students exposure to a real work environment. At the same time, the mentor gets
valuable feedbacks and insights from students on how to improve the services provided by the host
organisation. - Business Volunteer
”
SH Workshop@School
Developing an early and appropriate understanding
about occupational health and safety is essential to
the well-being of our future workforce. Co-organised
by JA HK and Occupational Safety and Health
Council, SH Workshop@School promotes safety and
health awareness among students and encourages a
positive attitude towards maintaining a healthy and
productive personal and professional life. During the
workshop, students visit several theme rooms to learn
about the safety and health issues that one should be
aware of in daily life and workplace. In 2014/15, the
workshop achieved 3,807 student contact hours.
“
Simulation is a good way for students to understand how safety and health measures can be applied in
the workplace or at home. - Teacher
”
11
FINANCIAL
LITERACY
Managing Personal Finance for Better Future
Studies have shown that the effects of financial literacy education in school continue to influence attitudes
and behaviors toward money management for students well after graduation. It is essential to equip young
people with the financial knowledge they need to fully participate in the economy, as well as to enable them
to make informed and wise life-changing decisions about their own financial futures.
JA Personal Finance
Maintaining responsible personal finances provides the foundation for a strong
career and professional life. JA Personal Finance equips secondary students
with the tools to make wise and responsible financial decisions throughout their
careers and lives. Discussions and hands-on activities are led by business
volunteers from whom students learn essential skills such as creating budgets,
understanding different payment methods and credit options, and discovering
the value of savings and investment.
5,156
Student
Contact Hours
12
57
Schools
78
Business Volunteers
“
A very good experience to share
with students my financial
knowledge and educate them on
how to better manage their
financials. - Business Volunteer
”
JA More Than Money
Spending and saving money responsibly starts from an early age. JA More than Money introduces responsible financial
management to primary school students and encourages positive lifelong habits. Through hands-on and engaging
activities, students understand money basics, apply those skills to daily life, and recognise the significance of financial
management in making informed life-decisions.
9,258
Student
Contact Hours
“
1,543
Students
102
Business Volunteers
I cannot agree more on the idea of instilling fundamental
values into students when they are still a blank piece of
paper. These core values are the basic concepts that
regular school syllabus may not explicitly cover. It is also
a great experience to lead a class of students in different
grades, observe their dynamics and spend a relaxing
Saturday morning or afternoon with your partner
volunteer. – Business Volunteer
”
JA Personal Spending 101
JA Personal Spending 101 introduces junior secondary students to the
importance and benefits of adopting a positive attitude on personal
finance and spending. Business volunteers lead groups of students in
sessions on ways to spend money prudently and responsibly. In
2014/15, the program achieved 4,173 student contact hours.
“
Children receive this essential knowledge in a fun and relaxing atmosphere. It could possibly be their
first time in life to think about their dreams and life goals. The key is after the program, when they
walk out of the school hall, they will have a different view on who they are, what they want to do and
how they could make their dreams come true. – Business Volunteer
”
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ALL-ROUND
DEVELOPMENT
Nurturing Skills for Whole Person Development
The integrated programs encompass elements of work readiness, entrepreneurial thinking and financial
literacy. They broaden the learning experiences of students outside the classroom and deepen their
understanding of the economy as well as their sense of responsibility and belonging to the society. The
learning is essential for the whole person development of each young person.
JA Business Ethics
Successful careers are built on sound ethical judgement and
knowledge. JA Business Ethics exposes students to ethical
challenges in the workplace. They learn how to successfully
navigate these dilemmas and apply the lessons in real-life
situations. In 2014/15, the program achieved 1,866 student
contact hours.
“
14
A commitment to high standards of business conduct and ethics is a core aspect of ExxonMobil’s
company culture. ExxonMobil Hong Kong Limited is proud to be the founding sponsor of JA Business
Ethics Program since its launch in 2005 and has worked closely with JA HK to create learning
opportunities for young people to develop positive values and ethical leadership. – ExxonMobil
”
JA Our Series
JA Our Series (Primary 1-6) is a fun-filled, activity-based
curriculum designed to help children understand their roles as
consumers, employees and citizens. The age-appropriate
modules include “Ourselves”, “Our Families, “Our
Community” and “Our City”. Through play, the program allows
children to use their creativity while developing their cognitive
and emotional strength. It enables children to engage and
interact in the world around them at an early age. In 2014/15,
the program achieved 8,564 student contact hours.
“
The program materials are rich, comprehensive and well prepared, and give students a
thorough idea of what they need to achieve in
the lesson. – Teacher
”
JA Leadership Seminars
The seminars provide an interactive platform for senior
secondary students to meet face-to-face with a
business leader and to learn from his/her success
stories and experiences. Through the active learning
exercise, young people appreciate the value of
entrepreneurship, financial literacy, career aspirations
and positive life-wide values essential for their future
success, and understand how the learning in school
relates to the world of work.
6,423
Student
Contact Hours
13
Schools
18
Speakers
15
SPECIAL
EVENTS
TEDxYouth@HongKong 2014
With the theme “To Be or Not To Be”, TEDxYouth@HongKong 2014 took ideas worth spreading to the youth of Hong
Kong through a series of short, inspirational talks, performances, and engaging activities on technology, entertainment,
design, arts, culture, entrepreneurship, and athletics. Following the event’s finale at PolyU, participants had the opportunity to go on an extended visit in Hong Kong Disneyland to experience firsthand the creativity and latest technology used in
its “Disney Paint the Night” Nighttime Spectacular. The presentations successfully created an impact and brought new
perspectives to the audience.
44
Presenters
School Art Project
JA HK co-organised with The Charles K. Kao
Foundation for Alzheimer's Disease Limited on a
School Art Project with the aim to inspire and enhance
students’ appreciation of the important values of
Commitment and Trust through art creation. Students
formed teams to create their art pieces with inspirations from the real life story of Prof Charles K. Kao and
his wife, Mrs Gwen Kao. Winning art pieces were
showcased at a public exhibition presented by
Forevermark in May 2014 at sky100 of International
Commerce Centre.
16
1,054
Attendees
22
Schools
JA HK INCOME
AND EXPENDITURE
1 July 2014 - 30 June 2015
HK$
Turnover
Program expenses
Total Expenses
6,939,393
Fundraising expenses
Administrative expenses
Total Expenses
Program expenses
Surplus/(Deficit)
6,957,302
(4,582,603)
(557,980)
(1,798,810)
(6,939,393)
17,909
Fundraising expenses
Administrative expenses
JA HK Balance Sheet as at 30 June 2015
NON-CURRENT ASSETS
Fixed Assets
CURRENT ASSETS
Deposits
Other receivable and prepayments
Bank balances and cash
CURRENT LIABILITIES
23,156
67,800
1,495,083
458,645
2,021,528
Accounts payable
89,481
Others payable and accrued expenses
73,332
Received in advance
442,306
605,119
NET CURRENT ASSETS
NET ASSETS
RESERVE
Accumulated surplus
1,416,409
1,439,565
1,440,530
17
ACKNOWLEDGEMENT
Sponsors
Bloomberg L.P.
ExxonMobil Hong Kong Ltd
Starbucks Foundation
State Street Corporation
Alcatel-Lucent Foundation
Credit Suisse
Forevermark Ltd
Goldman Sachs (Asia) L.L.C.
Hong Kong Petrochemical Co Ltd
Lovable Products Trading Ltd
QBE HongKong & Shanghai Insurance Ltd
Rotary Club of SoHo Hong Kong
Silverlit Toys Manufactory Ltd
The Hong Kong Polytechnic University
Partnering Organisations
Education Bureau
Hong Kong Information and Technology Federation
Occupational Safety & Health Council
The British Chamber of Commerce in Hong Kong
Youth.gov.hk
18
Volunteering Partners
Alibaba
Baxter Healthcare
CLP Group
DragoNation
Ernst & Young
Fung Group
The Hong Kong Institution of Engineers
Hopewell
LinkedIn
Microsoft
Mitsubishi UFJ Securities (HK) Holdings Limited
MTR
Panda Hotel
Standard Chartered Bank (Hong Kong) Ltd
The Treasury
UPS
Venue Supporters
Chater Garden,
Leisure and Cultural Services Department
Cheung Chuk Shan College
Christian Alliance Cheng Wing Gee College
Cotton Spinners Association Secondary School
Couture Homes
Education Bureau
Gertrude Simon Lutheran College
HKMA David Li Kwok Po College
Kowloon Tong School (Secondary Section)
Our Lady’s College
Pope Paul VI College
St Francis Xavier's School, Tsuen Wan
Tang King Po School
The Methodist Lee Wai Lee College
INVEST IN OUR FUTURE
TOGETHER
JA HK is a non-subvented not-for-profit charity registered under S88 of the Inland Revenue Ordinance. Our
success hinges on the strong partnership with and valuable support from different stakeholders in the
community. Partner companies contribute and support our organisation in these ways:
Business Volunteers: We are constantly recruiting volunteers who can help equip our young
people with 21st century business skills.
Program Sponsors: We seek sponsors for our existing primary and secondary school
programs on work readiness, entrepreneurship and financial literacy. We are also looking for
sponsors to support new programs that will develop our young people’s leadership skills,
creative thinking, multi-cultural literacy and interests in STEAM (Science,Technology, Engineering, Arts and Mathematics) subjects.
Capacity Building Donors: We are keen to work with service providers who can help to build
our capacities in design, information technology, marketing and communications. By enhancing
our productivity through talent and technology, we will be able to reach out to more students in
an even more impactful way.
Invest in Hong Kong’s Future Together with JA HK
Name/Name of organisation
Address
Name of representative
Title
Email
Telephone
We are interested in becoming a business volunteer partner of JA HK.
We are interested in providing pro bono services/in kind support to JA HK.
We are interested in becoming a program sponsor.
We would like to make a donation to Junior Achievement Hong Kong to build the organisational capacity.
Contact JA HK
(852) 3426 3147
(852) 2526 2153
www.jahk.org
JAHK
info@jahk.org
Unit 102, 1/F, Beautiful Group Tower, 74-77 Connaught Road Central, Central
19
JA HK
LEADERSHIP
Chairman
Dr William Lo, JP, Vice Chairman, Lovable International Holdings Ltd; Chairman, Strategenes Ltd
Vice-Chairman
Erwin Huang, Deputy Chairman, Tse Sui Luen Jewellery (International) Limited
Lancy Chui, Regional Managing Director, ManpowerGroup, Greater China Region
Treasurer
Brutus Lo, Managing Director, Lanco Asia Ltd
Executive Committee
Albert Chan, Head of Commercial Banking Hong Kong, The Hongkong and Shanghai Banking Corporation Limited
Bill Sanvidge, retiree, Former Chief Pilot Hong Kong, FedEx Express
Judy Lau, Regional Director, Asia Pacific, Edutrust Training
Martin Tang, Director, MTDD Ltd
Paula DeLisle, retiree, Former Vice-President, International Client Services, Asia Pacific, Watson Wyatt Worldwide
Karen Reddington, President, Asia Pacific Division, FedEx Express
Dr Stephen Wong, President, Greater China/Japan Gas Marketing, ExxonMobil (China) Investment Co Ltd
Vivian Lau, Chief Executive Officer, Junior Achievement Hong Kong (until Jan 2015)
Rachel Chan, Chief Executive Officer, Junior Achievement Hong Kong (w.e.f. Feb 2015)
Board of Governors
Gilbert Mo, Principal Government Counsel, Department of Justice, The HKSAR Government
Janice Lee, Managing Director, TV & New Media, PCCW Media Ltd
Jennifer Moyer, Managing Director, Human Capital Management Division, Goldman Sachs (Asia) L.L.C.
Jim Thompson, GBS, Chairman and Founder, Crown Worldwide Group of Companies
Richard Chu, Senior Vice President, ExxonMobil China Petroleum & Petrochemical Co. Ltd
Dr Saimond Ip, Chief Executive Officer, OnePort Limited
Winnie Yeung, Director, Legal and Corporate Affairs, Microsoft Hong Kong Limited
20
(852) 3426 3147
info@jahk.org
(852) 2526 2153
www.jahk.org
JAHK
Unit 102, 1/F, Beautiful Group Tower, 74-77 Connaught Road Central, Central, Hong Kong