The Chartered Institute of Purchasing and Supply has teamed up with The Peter Jones Enterprise Academy, to launch the CIPS Negotiation Challenge 2014, for a third year.
Founded by star of hit BBC show Dragon’s Den, Peter Jones CBE, the academy offers courses in both enterprise and entrepreneurship.
The team-based challenge hopes to teach students at 24 Peter Jones Enterprise Academies nationwide the essential negotiation skills and knowledge needed to succeed in the workplace.
It also aims to raise the profile of procurement and supply chain management as a global career choice.
Teams of students taking part in the challenge will compete in a four-stage programme, including The Negotiation Skills and Eliminator Challenge, The Team Challenge, The Video Presentation Heats, and The Negotiation Challenge Final.
“We will continue to highlight the increasing importance of good procurement and supply management and how supply chain failures, modern slavery and disasters in factories and in food chains are not acceptable,” said chief executive officer at CIPS, David Noble.
“We have a young generation of people eager to improve on these failures, and we’re delighted to support this interest and their business talent.”
Chief executive officer at the Peter Jones Foundation, Alice Barnard, added: “Negotiation is an invaluable skill to learn, business is all about making deals and compromising while keeping your own goals intact.”
“During this competition students not only get the chance to develop their business knowledge but also gain the confidence to help them in the real world.”
The winning team will be awarded the CIPS Negotiation Award, and an invitation to the CIPS Annual Conference in October 2014.