Learning and Development (L&D) Entrepreneurship
In today’s turbulent marketplace and uncertain economy, it can be a daunting challenge for those who are thinking of leaving the comfort of the corporate life and plunge into business on their own. This kind of decision is not for the faint hearted.
This module provides aspiring L&D entrepreneurs with the skills and necessary knowledge to identify, select, plan, execute and operate a small training business in Singapore. At the end of this module, learners will be able to understand the challenges and avoid potential pitfalls in setting up a training business, develop a business plan, describe the steps for structuring and laying the groundwork and sell, market and negotiate the business.
Target audience: Aspiring L&D entrepreneurs
This course is eligible for UTAP Funding (For the Period: 8 July 2017 - 31 March 2018).
Prices are subject to 7% GST
Upon completion of this module, you will be able to:
Articulate your reasons for starting a training business.
Recognise the risks and difficulties associated with starting a training business.
Understand what type of training business is “right” for them.
Choose a suitable training business.
Understand the differences between sole proprietorship, partnership and corporation.
Research the training and development market.
Conduct a personal and business SWOT analysis.
Understand the issues of copyright and legal matters related to training business.
Develop a business plan.
Describe the steps for structuring and laying the groundwork.
Sell, market and negotiate training and development services.
The key learning topics covered by this module include:
Before you take the plunge
The right training business for you
Researching the market
Writing a Business Plan
Structuring Your Business
Regulations and Legal Matters
Managing your business
About the Facilitator: Mr Jimmy Chew
Jimmy Chew, BBA (RMIT), MBA (Bradford), Certified Coach and Behavioural Consultant (IML, USA), Big Five Certified (RCI, S’pore) Prof. Certification in Change Management (NTL-STADA), ASTD certified trainer for ‘Facilitating Organisational Change’ certificate programme, ACTA certified.
Jimmy Chew has been a training consultant since 1990, and has worked with clients in the healthcare, telecommunication and aerospace industries across the SEA and Asia Pacific regions.
In last corporate position, he was the Director of Training, heading the Training and Development of Singapore Telecommunications Ltd. He was responsible for the operations of the Singapore Telecommunication Academy, which provided training and development for the 12,700 employees. He conducted training needs analysis, designed and developed training programmes. He provided internal consultancy and coaching services to all the line managers in OD and performance management. He led one of the major organisation change initiative, heading a team of 35 staff in driving the organisation capability building and cultural change for the whole organisation. Part of his job was providing external training and consultancy services. He has also done customisation of training packages to meet the specific needs of other telecommunications organisations and ministries in SEA, Asia Pacific, Asian and African countries. In this capacity, he spearheaded the development of competency standards for SingTel’s 500 strong call center agents.
Prior to that, he was Head of the Air Engineering Training Institute responsible for the development of all the Republic of Singapore Air force’s (RSAF) aircraft engineers and technicians. In this capacity, he established the competency standards and assessment center of RSAF technical training for the various vocationalists.
He sat in several training advisory boards including the Singapore Polytechnic’s Mechanical & Manufacturing Engineering Advisory Committee, National Productivity Board Training Committee and STADA & NTL Institute’s Asia Pacific Conference & Exhibition on Change Management Advisory Board.
He has also undertaken several major overseas consultancy projects such as the Upgrading of the Myanmar Telecom Center under the ITU & UNDP sponsorship and the restructuring of P.T. Telkommunikasi Training Institute’s move to Learning Account system.