Saturday, September 29, 2018 – UNIVERSITY OF GUAM, Mangilao, Guam
Officers of the student-led JA Guam After School Program Companies are ready to work with their peers in establishing their company, strategizing, developing, marketing and selling products. They were provided with the tools to carry out their duties and responsibilities during the training which took place at the Bank of Hawaii Center for Entrepreneurship and Innovation on the 2nd floor of the School of Business & Public Administration in the University of Guam.
Executive Director Beth Lizama welcomed the student officers and provided them with a brief of the program as well as ice breaking activities. Board Member Joey Miranda III introduced the Crazy Bowl Fundraiser along with the 2018 JA Guam symposium. Thereafter, the officers were introduced to their mentors who delivered the training process for each department.
Lisa Castro, a former JA student officer, provided the leadership training for Presidents who will also assume the post of Human Resources. Christian Quintanilla, 2016-2018 alumni, shared his knowledge in Production with the Vice Presidents of the department. Marketing Vice Presidents were supported by four-year JA Guam veteran Nathan Lizama while Noel Degracia, 2016-2018 alumnus, worked with the Finance Vice Presidents.
The seven competing sponsor companies include ANZ, Bank of Guam, Bank of Hawaii, Docomo Pacific, GTA Telecom, Simon Sanchez High School and Southern High School.
Over the course of the 12-week sessions, students participating in JA Company Program will experience first-hand the challenges, rewards, and pitfalls of operating their own publicly traded company. The students will assume specific roles in their company; sell stock to their family, friends and neighbors to raise capital; use that capital to pay salaries and purchase an approved product of their choice; then sell their product. At the end of the program, students will liquidate the company. If the student run company has made a profit, stockholders will be repaid their original investment, plus dividends. The program is real-life business, with the real-life lessons’ students will carry with them into their adult lives and careers.
The students will be able to sell their products during the November trade fair. At the end of the course, a competition will be held to determine the team who will represent Guam at the JA Asia Pacific Company of the Year competition in Manila, Philippines.