Entrepreneur's Toolkit
Duration
- One teaching period
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning.
Prerequisites
Nil
Aims and objectives
This unit covers core knowledge, skills and techniques that enhance entrepreneurs’ ability to succeed in their ventures. The emphasis will be on outlining fundamental principles, context and application and then requiring students to explore these skills and techniques in more detail for themselves. This is because each individual student’s needs will be different, based on their venture, their prior experience, and their natural preferences and abilities.
Students will develop the ability to prioritise their needs, find their own methods for developing knowledge, skills and techniques, and to develop and document their own personal “toolkit” they can use in their current and future ventures.
After successfully completing this unit, you will be able to:
1. Critically analyse the role of negotiation in the entrepreneurial business context, research stakeholders, and jointly analyse problems and create solutions intended to satisfy the parties.
2. Communicate proficiently and in a professional manner, and operate as a member or leader of a diverse group and apply advanced entrepreneurship tools
3. Critically evaluate the legal implications of entrepreneurial business situations and how to seek professional legal advice
4. Apply entrepreneurship fundamentals to the analysis, design and operation of a business model using appropriate entrepreneurship and innovation methods and tools, applied in a variety of contexts.
Courses with unit
A core unit of study in the and Graduate Diploma of Entrepreneurship and Innovation (GD-ENTINN3) (exit award only).
This unit is no longer offered
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Class (3 hours)
Assessment
1. Assignment (Individual) 45-65%
2. Group Reports and Presentations (Group) 35-55%
2. Group Reports and Presentations (Group) 35-55%
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
- Problem solving skills
- Analysis skills
- Communication skills
- Ability to tackle unfamiliar problems
- Ability to work independently
Content
- Negotiation planning and execution
- Sales planning, execution and monitoringBusiness entity structures and their implications
- Legal considerations for entrepreneurial ventures
- Risk assessment and management techniques
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.