Lesson 1: 24/7 Teach's Vision
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Prefer to listen to this lesson? Click below!
Workshop Scenario
Please think of yourself in the following scenario as you complete this onboarding course.
You're sitting at your desk, waiting for your virtual onboarding Zoom session to begin when you hear the chime signaling the start of the meeting. As you join the call, you notice a group of people on the screen who are already chatting and seem to be familiar with each other. You start to feel a bit nervous and wonder if you will fit in.
Your onboarding instructor greets you on the Zoom call and welcomes you to the course. As you listen to the facilitator discuss 24/7 Teach's vision and business model, you begin to feel more at ease. The excitement in their voice and the passion for education that they convey makes you feel like you are in the right place. You start to feel a sense of belonging as you realize that you are among like-minded individuals who share your values.
You're eager to learn and contribute, but also a bit apprehensive about fitting in with the group. You want to learn more about 24/7 Teach's mission to better understand how you can contribute to the company.
Your first step is to learn more about 24/7’s vision and hedgehog concept.
Your objective for today is to demonstrate understanding of 24/7 Education Group’s vision and business model, as well as summarize what a hedgehog concept is and what makes 24/7 Teach’s unique.
1.1 What is the Hedgehog Concept?
The Hedgehog Concept is a central principle discussed in the book "Good to Great" by Jim Collins.
The concept is based on the idea that successful companies must have a deep understanding of the following three key areas:
What they are passionate about
What they can be the best in the world at
What drives their economic engine
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Deeply Passionate: The first component of the hedgehog concept focuses on the motivation and drive that inspires a company's core mission. When a company is truly passionate about what it does, it is more likely to be successful in the long run.
Best in the World: The second component of the Hedgehog Concept is being the best in the world at something. This means finding a niche area where a company can excel beyond its competitors.
Economic Engine: The third component refers to the economic factors that drive a company's profitability. This includes things like revenue streams, cost structure, and profit margins. Companies that understand their economic engine are better able to make strategic decisions that support their long-term growth.
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Hedgehogs, simplify a complex world into a single idea or principle that unifies and guides everything. By focusing on our passions, striving for excellence, and understanding our economic engine, 24/7 Teach is able to create a powerful and effective strategy that drives our long-term success.
At 24/7 Education Group, the Hedgehog Concept serves as the guiding vision for our overall strategy. It is crucial that every team member fully embraces the organization's strategy in order for us to effectively showcase our true passions, talents, and economic capabilities, and maintain a long-term focus for our team members.
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Deeply Passionate: We are deeply passionate about providing education that is relevant, equitable, and accessible to all. We believe that experiential learning is the most effective way to learn, and creates value for learners.
•Our goal is to provide students with opportunities and resources to take ownership of their learning through our Learn, Do, Be model.
Best in the World: At 24/7 Teach, we are the best at creating quality, innovative and effective learning experiences for all learners.
•We equip educators and schools with the necessary tools and resources that provide valuable instruction.
•We create partnerships with parents to support their child’s education.
•We develop and leverage technology to simplify learning.
Our Economic Engine: At 24/7 Teach, you’re an integral part of bringing our vision to life. Our model is to create accessible learning experiences for all through partnerships with schools, parents, and educators.
•We create revenue through selling educational resources to schools, parents, and educators. Resources are created by a network of interns, employees, and educators.
•We provide online teaching and services for a fee, generating revenue through student subscriptions and partnerships with schools and other organizations.
•We believe equitable learning is made possible through mass production of courses.
1.2 What is the Supermarket and how does it relate to 24/7 Teach?
24/7 Teach is a supermarket. Founded by CEO Justice Jones, the company provides a performance-driven, hands-on learning experience that is designed to help people gain a professional network, marketable skills, and a greater chance of success in the job market.
At the heart of 24/7 Teach's approach is a commitment to values-based learning, where students are taught to become creators and innovators, and are given the tools they need to thrive in today's fast-paced, dynamic business world. Whether it's through working with local businesses, participating in community service projects, or collaborating with other students and educators, 24/7 Teach provides a unique learning environment that is tailored to meet the needs of each individual learner.
Our learners are motivated by performance and are actively involved in creating value. By graduation, they have acquired valuable professional experience and built a network that enhances their success, employability, and marketability.
In 2014, 24/7 Teach was founded with these three objectives in mind:
We are eliminating educational inequality by utilizing technology and experiential learning methods.
We identify, nurture, and connect exceptional teenagers, adults, and organizations to foster mutual success.
We are becoming the leading authority in developing and delivering online experiential learning, strongly emphasizing empowering the next generation of leaders.
Learning Checkpoint:
Please answer the following question using the learning checkpoint button below.
1. What three goals would you like to achieve while working with 24/7 Teach?
Discussion Question:
1. Please answer the following question in the comment section below and interact with learners from around the world.
In what ways can you apply the principles of the Hedgehog Concept to your own personal and professional development? Be sure to identify what your passion, strengths, and economic drivers are and how you’d use them to achieve your goals with 24/7 Teach.
2. Please read and reply to other learners’ answers in the forum by stating if you agree or disagree with their answers and why. Your replies should offer new substantiated ideas or thoughtful questions.
or try a prompt below!
