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DETERMINED TO SUCCEED - A REVIEW OF ENTERPRISE IN EDUCATION: EVIDENCE REPORT
ANNEXE 6 DAVIES REVIEW: REVIEW OF ENTERPRISE AND THE ECONOMY IN EDUCATION
(Reports available atwww.dfes.gov.uk/ebnet/DR/DR.cfm)
SUMMARY OF RECOMMENDATIONS
In June 2001 the Chancellor of the Exchequer, Secretary of State for Education and Skills and Secretary of State for Trade and Industry asked Howard Davies, chairman of the Financial Services Authority, to conduct a review of enterprise and the economy in schools and further education in England, covering the ages five to 19.
Reporting in February 2002, the Davies Review called for a statement by the Government setting out a national agenda for building enterprise capability, economic and business understanding and financial literacy in all young people. A clear benchmark of young people's enterprise capability should be established and monitored through a regular nationally representative survey. Guidance to teachers and other professionals on what is meant by enterprise capability should be prepared by the DfES.
The review asked Government to provide annual funding of 54 million by 2005-2006 to promote a level of enterprise activity for all young people at some time during their school career, the funding being sufficient for an average of five days per pupil. As part of a partnership between business, schools and Government, the business sector should commit 30 million in time and resources annually by 2005-2006 - largely in the form of staff time in schools and supporting enterprise activities built round work experience programmes.
New teaching and learning materials should be developed for enterprise learning and personal finance education. When schemes of work produced for National Curriculum subjects are next revised, the Qualifications and Curriculum Authority should show clearly how and when enterprise learning can be introduced into the teaching of these subjects.
Programmes for serving and new headteachers should include enterprise learning and personal finance modules. Professional development placements for teachers should be refocused to help develop working relationships with local business, and optional enterprise modules should be built into the national strategy for CPD.
Via the Learning and Skills Council the Government should provide 2 million to brokers to help achieve more and better business engagement, particularly among small and medium-sized companies.
The school inspection framework should include an extra question: "How well does the school prepare young people for employability and work (including their enterprise capability)?"
The Government should support as programme of evaluation of principal programmes and activities promoting enterprise capability.
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