ENTREPRENEURIAL PARADIGM PROGRAM FOR RURAL BANKS


Unlocking Entrepreneurship Skills of Bank Directors and Officers

Rationale

“Without entrepreneurs, there can be no development.” So said Dr. David McClelland, the Harvard professor and researcher on entrepreneurship. Even if a company or country has all the necessary resources for growth and development - manpower, capital, materials, assets - but if there is no one with the entrepreneurial acumen, there will still be no innovation, no enthusiastic business strategy, and no actual venturing into new fields of profitable business endeavors. This is because it is the entrepreneurial person who has the paradigm to identify opportunities, take risks and build enterprises. The good news is that the entrepreneurship paradigm can be developed through the experiential or "learning by doing method". The competencies of opportunity seeking, goal setting, networking, persistence and others are trainable skills.

This training program for rural bankers seeks to provide the participants with meaningful, exciting, realistic experiences to discover their latent entrepreneurial qualities, generate innovative business ideas, projects, products and services, select the most appropriate business project as well as develop the n-ach (need for achievement) drive needed to sustain enterprising behaviors.

Specific Objectives

By the end of this two-day training program, the participants will be able to:

1. Analyze the unique motivation and drive of entrepreneurial bankers and their employees.
2. Make a self-assessment of their level of entrepreneurial competencies.
3. Make an action plan on how to become more enterprising people.
4. Practice and internalize the personal entrepreneurial competencies (ECS0 identified by Dr. David McClelland.
5. Analyze the three types of strategeering techniques.
6. Generate innovative bank products and services, screen and select the most viable projects.
7. Redesign the concept of modern rural banking to consider the possibility of implementing the principles of "We have everything for you" and "the rural bank is your all-around financial consultant."
8. Discuss the basic principles of marketing and formulate a basic marketing plan for a viable new bank product or service.
9. Discuss the basic principles of production and formulate a basic technical plan for a viable new bank product or service.
10. Discuss the basic principles of organization and management and formulate a basic bank O&M plan for a viable new bank product or service.
11. Discuss the basic principles of finance and formulate a basic bank financial plan for a viable new bank product or service.
12. Apply a standard project viability evaluation form in analyzing a specific project.

Course Outline

Module 1: Developing Entrepreneurial Paradigm
Becoming entrepreneurial minded
Developing the entrepreneurship paradigm for bankers
Analysis of enterprising behavioral patterns
Creating an enterprising culture in the bank
Promoting Intrapreneurship among Employees

Banking Game / De-Briefing
Goal Setting
SMART Principles
Corporate Visioning
Designing the Ideal Bank Professional

Module 2: Thinking out of the Box
Redesigning the banking concept
Creativity Thinking
Generating Innovative Bank Products and Services
From Savings to All-Around Financial Consultant
"We have Everything for You " Concept

Macro / Micro Viability Analysis
Selecting the Best Innovative Bank Products / Services
Daily Evaluation

Module 3: Business Planning
Market Potpourri ExerciseMarketing Plan
Marketing Principles

Envelope Game
Technical Plan
Principles of Production
Management Game
Organization and Management Plan
Principles of Organization and Management
Finance Walk Through Exercise
Financial Plan
Basic Principles of Finance

Module 4: Viability Test
Project Viability Evaluation Form
Integration
Closing Activities

Number of Participants
The ideal class size is 20. Because the training methodology to be used is “experiential and action learning,” class size should not be too large. It is suggested that each batch be limited to a minimum of 15 up to a maximum of 25.

Methodology
The training methods to be used are a combination of structured learning experience, action learning, lecturettes, discussion, buzz group, workshop, and other experience-based learning techniques.

REGISTRATION FEES

Manila Trainings : P3,800.00 per participant
Note:
* A maximum number of 30 participants.
* Registration fee per participant includes: payment for honorarium of resource speakers, hand-outs & kits, IDs, Certificates of Completion, invitation and coordination services of RBAP/RBRDFI staff, cost of the training venue, meals of resource speakers and RBAP/RBRDFI staff, transportation of the resource speakers to and from the venue, and secretariat services during the training.
*Participants who will be able to pay 2 weeks before the scheduled training are entitled to a 5% discount from the above registration fee.







Circular Letters/Memoranda
Speeches/ Presentations
Photo Gallery
Rural Banking Week Celebration Golf Tournament
FMMRB Disclaims the White Paper Being Circulated
Federation of Batangas Rural Bankers -Fellowship Trip to China, Sept. 08-13,'08
Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector
Financial Reporting Package 2008
BSP releases regulations on liquidity, market risk weighting
Comments on BSP’s Reducing Restrictions on Bank Branching
35 RB Directors Completed Corporate Governance & Risk Management Course
27th Corporate Governance & Risk Management Seminar-Workshop Commends 29 RB Directors