Business Innovation

Content

Business Innovation develops students’ skills in innovation and entrepreneurship ready for today’s workplace. Students develop and apply their learning to either a start-up business or an existing business.  By implementing design thinking and real-life business models, students learn to make and solve decisions to either market new products or engage directly with local businesses to solve their 'real-life' problems. Students work together to build ideas, collect and analyse business information to make decisions.

By studying either a start-up business or an existing business, topics may include:

• Finding and solving problems
• Financial awareness and decision making
• Business information and communication
• Global, local and digital connections.

Assessment

Business Skills  70%

• Task 1: Group presentation on a customer problem with suggested solutions (2 minutes) and an individual evaluation - maximum of 500 words 

• Task 2: 30 Day Business Plan for one of the solutions generated in Task 1 - maximum of 800 words or equivalent multimodal format 

• Task 3: Business Model Summary - prepare an infographic for a solution to a customer need or problem from Task 1 - maximum of 800 words or equivalent multimodal format  

Business Pitch  30%

• Pitch: Using the Business Model Summary (Task 3) students create and present a pitch to a panel of potential customers or stakeholders and seek feedback on the business model summary and pitch - maximum 2 minutes in a multimodal format
• Evaluation: Using the feedback from the pitch to evaluate solutions and suggest improvements to their business model - maximum of 800 words if written or 5 minutes oral presentation

Additional Information