Skip to content
Study Hall
Lesson 4 of 5Leadership, Projects and Technology
Unit 4 · Lesson 4 of 5

Business Skills Everywhere: Subjects and Careers

Problem solving, creative and critical thinking and money skills help in every school subject and in many careers, including self-employment, entrepreneurship and the skilled trades, and a portfolio records how you grow.

5 min read8 practice questionsAsk AI about this →

Key things to remember

  1. 1Creative thinking generates many ideas; critical thinking judges which ideas will work.
  2. 2The problem-solving cycle: define, research causes, generate solutions, choose, implement, evaluate.
  3. 3Financial literacy means understanding money well enough to make good choices.
  4. 4Self-employed people work for themselves; entrepreneurs start and grow a business and take the risk.
  5. 5Many skilled tradespeople run their own businesses, so they need business skills too.
  6. 6A portfolio holds your work plus short reflections: what you did, the skill you used, what you would change.

Business skills are not just for business class. When you plan a budget in math, write a persuasive letter in English, or design a poster in art, you are using the same skills an entrepreneur uses. This lesson shows how to solve real problems step by step, where business skills show up in other subjects, what careers use them, and how to keep a record of your growth.

Solving real problems, local and global

1. Define the problemorders arrive 3 days late2. Research causessupplier delays, slow packing3. Generate solutionsnew supplier, batch packing4. Choose a solutionweigh cost, time and effect5. Implement itpack in batches each evening6. Evaluateare orders on time now?Example problem:late online ordersNot solved?loop back to step 1
Fig 1The problem-solving cycle: define, research causes, generate solutions, choose, implement, evaluate, and loop back if the problem is not solved.

Two kinds of thinking work together. Creative thinking means coming up with many new ideas, even wild ones. Critical thinking means judging those ideas carefully: will it work, what does it cost, who could it hurt? A local challenge is a problem in your own school or neighbourhood, like litter in a park. A global challenge affects people all over the world, like food waste or climate change. Small local actions can be part of solving a global problem.

StepCafeteria food waste (local part of a global problem)
Define the problemLots of untouched fruit is thrown out at lunch every day.
Research causesCount for one week: about 40 apples and oranges a day. Ask students why: they are not hungry or do not have time to peel.
Generate solutions (creative)A share table, pre-sliced fruit, a smoothie sale, compost bins, a poster campaign.
Choose (critical)A share table is free, quick to start and keeps food out of the garbage.
ImplementSet up a share table with a sign and ask cafeteria staff for permission.
EvaluateCount again: waste drops to about 15 pieces a day. Keep it, and try pre-sliced fruit next.
A hypothetical example of the problem-solving cycle applied to a school problem.

Business skills in every subject

Subject or programBusiness skill usedExample
MathFinancial literacy: budgets, percents, profitWorking out that a $40 jacket on sale for 25% off costs $30, before tax.
EnglishPersuasive communicationWriting a pitch or a letter asking a local store to sponsor your team.
ScienceTesting ideas and using dataTesting which eco-friendly soap cleans best before a car wash.
ArtDesign and brandingCreating a logo and poster that grab attention.
TechnologyDigital tools and making prototypesBuilding a website or a 3D-printed product sample.
Co-op and job-skills programsTeamwork, reliability, customer serviceShowing up on time and helping customers at a placement.
Community involvementPlanning and leadershipOrganizing a food drive as part of your volunteer hours.
Financial literacy
Financial literacy means understanding money well enough to make good choices: budgeting, saving, comparing prices, understanding interest and avoiding scams. It helps you in school, in a job, in a business and in everyday life.
VideoWatch for what transferable skills are and how skills you build in class and in activities carry over to jobs and careers.Watch on YouTube

Careers: working for yourself and others

Skills you build in business class…Financial literacyCommunicationLeadershipTeamworkProblem solvingCreativityPlanningDigital skills…lead to careers like theseEntrepreneur /self-employedStarts and runs aventure and takesthe risk.uses: all of themSkilled tradesbusiness ownerRuns a business asan electrician,plumber orcarpenter.uses: financialliteracy, planning,communicationMarketingResearchescustomers andpromotes products.uses: creativity,communication,digitalAccountingRecords, reportsand checks themoney.uses: financialliteracy, problemsolvingSalesBuildsrelationships andcloses deals.uses: communication,problem solvingHuman resources(HR)Hires, trains andsupports employees.uses: communication,leadership, teamworkOperations /logisticsGets products madeand delivered ontime.uses: planning,problem solving,digitalProjectmanagementLeads projects fromgoals to delivery.uses: planning,leadership, teamwork
Fig 2Business skills such as financial literacy, communication, leadership and problem solving lead to many careers, from entrepreneur to accountant to project manager.
Career pathWhat it meansExample
Self-employmentYou work for yourself instead of an employer.A freelance graphic designer or a dog walker.
EntrepreneurshipYou start and grow a business, take the risk and may hire others.Someone who turns a bakery idea into a shop with five staff.
Skilled tradesHands-on jobs learned through training and an apprenticeship.Electrician, plumber, carpenter, hairstylist, chef, auto technician.
Business careersJobs inside a company that use business skills.Accountant, marketing coordinator, sales rep, human resources, project manager.
Trades and business go together
Many tradespeople run their own businesses. An electrician might start a company, hire apprentices, give price quotes, send invoices and market online. So a plumber needs pipe skills and business skills. An apprenticeship is paid on-the-job training with an experienced worker, combined with classroom learning.

Keeping a portfolio of your growth

A portfolio is a collection of your best work and evidence of how you have grown. It can be a folder, a binder or a digital folder. It helps you see your progress, remember what you learned, and show future employers or programs what you can do.

  • Collect: a project plan, a budget spreadsheet, a poster you designed, a pitch, photos of an event, feedback you received.
  • Include both successes and things that did not go well, with what you learned.
  • Add a short reflection to each item: What did I do? What skill did I use? What would I do differently?
  • Date each item so you can see your growth over time.
My entrepreneurial growth plan1Current strengthsWhat am I already good at? e.g. creative, good with people, reliable withmoney.2Skills to buildWhich mindset elements or skills need work? e.g. public speaking, budgeting,managing risk.3ActionsHow will I build them? Take a short course, find a mentor, volunteer at aschool event, run a small venture such as selling art prints.4TimelineWhen will I do each one? Sept–Oct: online budgeting course. Nov: meet amentor. Dec: volunteer. Jan–Mar: run the venture.5Check-inEvery month: What went well? What got in the way? What will I change? Thenupdate the plan.update and repeat
Fig 3A personal growth plan: list strengths, choose skills to build, plan actions, set a timeline and check in regularly.

Worked examples

Reveal one step at a time and try to beat it to the next line.

Example 1
Your neighbourhood park has a lot of litter after weekends. Use the problem-solving cycle to plan a response.
Example 2
In math class, your group is planning a class trip. The bus costs $450 and 30 students are going. Show how financial literacy helps you find a fair cost per student.
Example 3
Write a short portfolio reflection for the charity car wash you helped run.

Where marks get lost

  • Jumping straight to a solution without researching the cause, so the fix does not solve the real problem.
  • Thinking business skills only matter if you become a business owner. They help in every job and subject.
  • Believing the skilled trades do not need business skills, when many tradespeople run their own companies.
  • Mixing up self-employment and entrepreneurship. A freelancer working alone is self-employed; an entrepreneur builds a business that can grow and hire.
  • Filling a portfolio with work but no reflections, so it does not show what you learned or how you grew.

Flashcards 7

Creative thinking
Critical thinking
Financial literacy
Self-employment
+ 3 more

Practice

1
Which shows critical thinking?
2
Put the steps of the problem-solving cycle in order.
  1. 1Implement it
  2. 2Choose a solution
  3. 3Evaluate the result
  4. 4Define the problem
  5. 5Research causes
  6. 6Generate solutions
3
Match each subject to a business skill it uses.
Math
English
Art
Science
4
A bus for a class trip costs $540 and 30 students are going. What is the cost per student? Give a whole number of dollars.
$
5
Which statement about the skilled trades is TRUE?
6
What is the name for paid on-the-job training with an experienced worker in a skilled trade?
7
Which portfolio entry shows the most growth?
8
Match each person to their career path.
A freelance designer who works alone for different clients
Someone who starts a bakery and hires five staff
An apprentice electrician
A marketing coordinator at a large company

Spot a mistake on this page? Let us know