BOSS Project names award winners at competition
Business Opportunities for Student Success
BOSS stands for Business Opportunities for Student Success. The North Arkansas College Business & IT Division developed the BOSS Project for middle schools and high schools in the fall of 2010. The BOSS Project is a state wide initiative to educate students in business acumen and decision making skills. It also brings business students across the state together into a competitive simulation to enhance diversity in the classroom. The participating BOSS Schools are competing in an industry that consists of six competing schools. Each BOSS School represents a company and each company competes for product sales, customer demand, product awareness, product accessibility, product design, and their company’s financial growth. The Project is a virtual simulation for strategic planning and goal setting designed to help students meet or exceed Common Core State Standards for Mathematics and Literacy, specifically in terms of problem solving and presentation skills. The project targets two groups of students on the public school campus. The first group is the middle school students in grades 6th through 8th that are called the Middle School BOSS Team. The second group is the high school students in grades 9th through 12th that are called the High School BOSS Team. Every middle and high school can have one team to perform and compete in the business simulation.
The Business & IT BOSS Team was developed to operate the BOSS Project for middle schools and high schools in Arkansas. This Team consists of Instructors from North Arkansas College, Educators from the OUR Educational Cooperative, and PBL Members from the PBL Student Organization at the college. PBL is the college level of FBLA, Future Business Leaders of America. This Team trains middle school teachers, high school teachers, and their students about this business simulation at the start of the fall and spring semesters. The OUR Educational Cooperative is the channel of contact for the middle and high schools and professional development training for the teachers and students. The project is maintained by the Business & IT instructors at North Arkansas College at no charge. The BOSS Project simulation is called Foundation Business Simulation provided by Capsim, Inc. located in Chicago, Illinois.
BOSS Team Process - Each school’s team of students will be making decisions to run a $40 million dollar manufacturing cell phone business for eight weeks/eight rounds. Each week is simulated to represent one year of business operations. Each school will be operating a Business Simulation company in two market segments: "Low Tech Market Cell Phone" and a "High Tech Market Cell Phone." Students begin the simulation with one product but can develop up to five different products. At the end of each round or year, the simulation produces a newspaper called the Fast-Track that shows their business financial reports and their competitor’s financial reports. The newspaper shows all stocks and bonds, ending inventory, production runs, income statements, actual market shares, potential market shares and other reports as needed. From this newspaper, the students learn how to benchmark their competition to do a SWOT analysis so they can figure out how to get a bigger piece of the market.
BOSS Competition Awards – Stockholders Presentation Day – March 20th
1st Place Balanced Scorecard Percentile Ranking Award
2nd Place Balanced Scorecard Percentile Ranking Award
1st Place Overall Profits Award
2nd Place Overall Profits Award
1st Place Stockholders Presentation Evaluation Award
2nd Place Stockholders Presentation Evaluation Award
At the end of each semester, North Arkansas College Business & IT Division hosts a stockholders presentation day (lunch and performance plaques) to allow middle school and high school students to present their business team’s performance for that semester. Each BOSS Team competes for the following awards in fall semester and in the spring semester. The Stockholder Presentation Day is sponsored by FedEx Freight. Below are the schools that participated in the BOSS Project in the spring 2014 semester and the awards that each BOSS Team won.
* Bruno-Pyatt High School – 1st Place Balanced Scorecard Percentile Ranking Award, 2nd Place Overall Profits Award, and 1st Place High School Stockholders Presentation Evaluation High School Award
* Cotter High School – Participation Award
* Flippin High School – Participation Award
* Kingston 6th Grade Middle School - 1st Place Balanced Scorecard Percentile Ranking Award, 1st Place Overall Profits Award, and 2nd Place Stockholders Presentation Evaluation Middleton School Award
*Lead Hill 7th Grade Middle School - 2nd Place Balanced Scorecard Percentile Ranking Award
* Valley Springs 7th Grade Middle School - 1st Place Overall Profits Award, 2nd Place Balanced Scorecard Percentile Ranking Award, and 1st Place Stockholders Presentation Evaluation Middle School Award
* Valley Spring 8th Grade Middle School - 2nd Place Overall Profits Award
* Valley Spring High School – 2nd Place Stockholders Presentation Evaluation High School Award