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American Management Association Presents the American Business Merit Badge at Boy Scouts Jamboree

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8/6/2010

Operation Enterprise (OE), the young adult leadership division of American Management Association (AMA), was selected by the Boys Scouts of America to present the American Business merit badge at the 2010 National Scout Jamboree, held from July 26 to August 4 near Fredericksburg, Virginia.

OE speakers and staff team members—two of whom are Eagle Scouts—conducted a series of workshops on various aspects of business and the economy. The 90-minute, interactive presentations included a history of American business as well as an overview of “How Businesses Are Organized,” “Credit and Banking,” “Money and Inflation,” “Labor and Government,” “Insurance,” “Investing in Stocks” and “Your Own Business,” among other topics. In addition to the merit badge requirements, OE speakers offered coaching on personal leadership, time management, and conflict resolution.

“We are pleased to be part of a program designed to help these future leaders get a head start in understanding the nature of our business environment and the skills necessary to excel in it,” said AMA President and CEO Edward T. Reilly. “Virtually any scenario describing the job market these young Scouts will face in the years to come would envision a more competitive global environment. They and our economy will benefit from an early exposure to solid business principles.”

The American Business merit badge, created by the Boy Scouts of America in 1967 and revised in 2002, is one of 124 badges currently awarded by the organization. According to the Boy Scouts of America, “Earning the American Business merit badge can help you learn practical business matters that will be useful throughout life. Learning how businesses function will help you understand our society and possibly determine how you will choose to live in the future.”

At the centennial jamboree, Operation Enterprise educated more than 5,000 Scouts, troop leaders, parents and advisers on the importance of business skills in today’s world. Scouts must complete six requirements in order to be eligible to receive the American Business merit badge. They can choose from a selection of projects that range from creating and running a small business for several months to researching and writing a short biography of a current business leader.

AMA’s Operation Enterprise formed a partnership with the Boy Scouts of America three years ago by hosting its Exploring program. The career awareness program is open to public high school students in the New York metropolitan area. Twice a year, OE hosts the five-week business education series at AMA’s New York City headquarters.

“The Boy Scouts of America’s partnership with AMA and its young adult division, Operation Enterprise, is really off to a wonderful start. Besides helping the Scouts participating in Jamboree workshops and earning the American Business merit badge, the hands-on experiences of the New York Explorer Scouts under Operation Enterprise leadership are unique, relevant and desired,” said Charles E. Rosser, Scout Executive and CEO, Greater New York Councils, Boy Scouts of America. “At a time when preparing our young people with the tools to succeed is more critical than ever, AMA’s Operation Enterprise has stepped forward with first-rate role models, instructors and mentors.”

For nearly 50 years, Operation Enterprise has been preparing high school and college students for the real world of business with its demanding challenges. OE helps students learn about business, management, negotiation, conflict resolution, strategic planning and ethics from practitioners and entrepreneurs, and helps improve their leadership, communication, and presentation skills.

About AMA
American Management Association (www.amanet.org) is a world leader in talent development, advancing the skills of individuals to drive business success. AMA’s approach to improving performance combines experiential learning—learning through doing—with opportunities for ongoing professional growth at every step of one’s career journey. AMA supports the goals of individuals and organizations through a complete range of products and services, including classroom and live online seminars, webcasts, webinars, podcasts, conferences, corporate and government solutions, business books and research. Organizations worldwide, including the majority of the Fortune 500, turn to AMA as their trusted partner in professional development and draw upon its experience to enhance skills, abilities and knowledge with noticeable results from day one.

About the Boy Scouts of America
The Boy Scouts of America is the nation’s foremost youth program of character development and values-based leadership training. The Scouting organization is composed of 2.7 million youth members between the ages of 7 and 20, 1.1 million volunteers, and nearly 300 local councils throughout the United States and its territories. For more information on the Boy Scouts of America, please visit www.scouting.org.