Practice Enterprise (also known as a practice firm or virtual enterprise) is a virtual company that runs like a real business silhouetting a real firm’s business procedures, products, and services.
In a Practice Enterprise, trainees/ students/clients are trained in a work-based environment. The integrated environment allows learning to occur as a natural part of the day-to-day activities. The students/trainees/clients do not pour over books studying the principles of business theory; they conduct real commercial business with other Practice Enterprises within the network conforming to accepted business practices and frameworks.
In this didactical concept, the roles of the Teachers/Trainers/Lecturers and the students differ strongly from those in the traditional teaching-learning processes. The Trainer is the general manager of the firm, guiding the trainees as employees to meet the Practice Enterprise’s Business Plans and budgets. Definitely, they are the guide or adviser of the company’s “employees”. The trainees are the workers in the firm. Some are appointed as line managers for a part of their training and development.
The training methodology is the target to resolve typical issues encountered at trainees’ levels
The participants are employees of a company, having to apply for a position in the company via Human Resources, receiving an induction program, training schedule, contract of employment, job description, and departmental duties. They rotate around the organization enhancing their practical knowledge of the various departmental procedures, systems, operations, and targets, learning by doing the job functions.
There are 27 PEs in Lithuania.
Each country in which a PEs Network exists has its own service centre, called the National Central Office (CO).
The PE centre coordinating the activities of PEs in Lithuania is called “Simulith Centre”. It was founded in 1994 and operating in Vilniaus kolegija/University of Applied Sciences (VIKO).
VIKO is the largest accredited higher professional education institution in Lithuania. It provides higher professional education in the sectors of Tourism, Business, Information Technologies, Electronics, Pedagogical Education, Economy, Health Care, Agriculture, and Arts. VIKO has more than 7100 students, who study here under 42 study programmes in 7 faculties: Electronics and Informatics, Economics, Business Management, Health Care, Pedagogic, Arts and Creative Technologies and Agro-technologies. 7 Degree programmes are in English
A CO provides excellent opportunities to initiate and carry out continuous PE concept development on the national and international level.
Since 1999 “Simulith Centre” is a member of worldwide PE network PEN WORLDWIDE.
PEN WORDLWIDE is a not-for-proﬁt association that administrates the worldwide practice enterprises network. It supports a worldwide network of over 7,500 Practice Enterprises in schools, colleges, universities, vocational training institutions, companies and training centers in over 40 countries around the world, providing a unique approach to business skills training to more than 200,000 trainees each year.
LIBA (Lith. Lietuvos imitaciniu bendroviu asociacija “Liba“) is a non-profit Association, founded in 2015 and providing support to the Lithuanian Practice Enterprise network. LIBA was created by a group of active people and organisations working with Practice Enterprise concept in Lithuania.
LIBA is a young organization but all members have long-time experience working with Practice Enterprise concept. LIBA has 42 members representing numerous institutions (universities, basic education schools and VET) and regions of Lithuania. The Association is working according to the Strategic Action Plan.
The aim of LIBA is to gather various institutions with Practice Enterprises, Practice Enterprise Trainers, Teachers, Coordinators, Trainees who is or where working with Practice Enterprise concept, social partners, other natural or legal persons on purpose to:
The main objectives are:
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