Hello B,
I've seen schools implement "fun" ways to learn employability skills and students seem to love it. You're right - it does offer opportunity to get everyone involved, including employers. Imagine employers being the "judges" for certain "events." Something I've seen work really well too are interdisciplinary projects. A school that taught programs related to art, design and technology would partner with community non-profits for a real-world project. For instance, this school partnered with a non-profit to create a web-based game that promoted wildlife conservation to youth. Another example included interior design students working with a municipality to design a space to transform an abandoned building to something useful for the community. Teams of students were led by instructors and having an opportunity to solve real-world problems energized the students. These types of projects had multiple benefits of positive publicity for the school, employer connections for the school (and students) and real-world experience that could be put on a resume for students. I'd really like to hear more ideas for the types of programs institutions design.
Good luck with your Job Skills Olympics!
Robert Starks Jr.