|
|
The Criteria
SIFE's primary goal is to create economic opportunities for others through educating them about
specific topics. The topics were carefully selected and organized to empower SIFE participants around
the world. The foundation of that education is an understanding of how a market based economy
operates (criteria 1). Once that concept is understood, members of the economy fall within one of
two basic categories: employees or entrepreneurs. Employees must have the skills needed to
successfully compete in a global market (criteria 2). Entrepreneurs must have the ability to identify a
market need and successfully create a product or service to satisfy that need (criteria 3). After the
skills of employment or entrepreneurship are successfully obtained, it becomes increasingly important
to understand how to manage money to become and remain financially independent (criteria 4).
The common moral thread present throughout the process is an understanding of sound business
ethics (criteria 5). A plan must also be in place to ensure the long-term sustainability of
programs, projects or business ventures (criteria 6) - while focusing on environmental sustainability
(criteria 7).
|
|