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UNIT OVERVIEW: In this unit students explore the key processes and considerations for managing a business efficiently and effectively to achieve business objectives. Students examine different types of businesses and their respective objectives and stakeholders. They investigate strategies to manage both staff and business operations to meet objectives, and develop an understanding of the complexity and challenge of managing businesses. Students compare theoretical perspectives with current practice through the use of contemporary Australian and global business case studies from the past four years.

 

Transforming a Business

Businesses are under constant pressure to adapt and change to meet their objectives. In this unit students consider

The importance of reviewing key performance indicators to determine current performance and the strategic management necessary to position a business for the future. Students study a theoretical model to undertake change, and consider factors that influence the success of change.

They investigate the importance of leadership in change management. Using a contemporary business case study from the past four years, students evaluate business practice against theory.