Michaelhouse Economic and Management Sciences Learners Visit Homewood’s Lidgetton Factory

Recently, our Lidgetton factory in Pietermaritzburg was graced with the presence of Michaelhouse learners. As the initiator of this excursion, economic and management sciences teacher, Carl Bezuidenhout’s decision to visit us was heartily welcomed.

As a subject, economic and management sciences incorporate knowledge from business studies, accounting, economics and entrepreneurship. Its aim is to introduce learners to content about the economy, globalization, government involvement, standard of living and everything involved in the day-to-day running of business. It therefore helps Grade 9 learners make more informed decisions when it comes to selecting their subjects at the end of the year, as it offers a broad base of subjects.

Nurturing Compassionate Entrepreneurs

Responding to the question of what he likes most about teaching this subject, Carl enthusiastically revealed his passion for imparting his knowledge to learners.

“I enjoy teaching Economic and Management Sciences because it is relevant and the learners can relate to the “real-life” examples that are all around us. The world of business and economics is constantly changing and this keeps the subject content interesting and current. Through teaching EMS, I have a platform to inspire learners to revolutionise the way business is done. I can promote compassion for society and stimulate a desire to help others through business.

I try to get learners to understand that it is not the profit motive that is important, but rather the motive for profit. What will we do with the profit that we make? By putting the environment and our fellow people first, we can find ways to achieve success while helping those who need it most. My daily interactions in the EMS classroom are geared towards developing passionate, innovative and caring entrepreneurs and employees who will make a positive difference to the world around them.”

Homewood Upskills its Employees and Improves Their Standards of Living

Since the boys have recently covered topics such as factors of production (capital, labour, natural resources and entrepreneurship), markets (factor, labour and financial), forms of ownership and levels and functions of management, their outing couldn’t have been more relevant.

But why visit Homewood specifically? Aside from the obvious transport practicalities, Carl’s love for local businesses that benefit their local community, led him to us.

When we asked him to elaborate on his choice, he had the following to say:

Homewood provides employment through its labour intensive approach and has up skilled people and improved their standard of living. The factory is laid out perfectly in terms of showing the full production process, from natural resource to final goods. Each step relies on the one before and this requires every employee to be effective and productive.

I really enjoyed the idea that Homewood maximises their inputs and wastes almost nothing. The fact that the small off-cuts of wood are used to make cutting boards or sold as firewood, shows a clear mindset of using resources as efficiently as possible. This is a lesson that we try very hard to instil in our budding entrepreneurs. 

After having a first hand view of the various stages of production and the labour and management involved to produce the final product, we hope that the boys left the excursion with more insight into what it takes to run a business and the work and effort that goes into making quality, hand crafted products.

As a business, we feel that we’ve been extremely privileged to play a part in the education of our future generation – however small it may have been. We’d like to say a big thank you to the team at the Lidgetton factory for accommodating the Michaelhouse learners and would like to thank Carl Bezuidenhout for choosing us and organising such a well-planned outing.

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