UNIT DESCRIPTION
In this unit, students will explore the concept of an entrepreneurial mindset. They will examine the set of skills that allow people to identify and make the most of opportunities or to overcome or learn from setbacks. Businesses value employees who demonstrate their ability to think outside the box and see possibilities for large scale improvements, or expansion of a business, or small adjustments to improve processes.
As part of the unit students will consider the different types of entrepreneurial mindsets including the traditional view of entrepreneurs, intrapreneurs, social entrepreneurs and public entrepreneurs and examine the similarities and differences in both the mindset and how these individuals can operate. In addition students will also review organisational settings that either create or inhibit the effective operation of the entrepreneurial mindset in a variety of environments including the policies necessary to support these characteristics and the practical tools to encourage and assist the development of entrepreneurial mindset.
LEARNING OUTCOMES
On successful completion of this unit students will be able to:
- Debate different forms of entrepreneurial theory and thinking and its role for idea and business development in the global economy
- Critique different forms of entrepreneurial behaviour including approaches to teamwork, communication, creativity, innovation, risk-taking and social/ethical responsibility
- Articulate the fundamental elements in formulating and evaluating an entrepreneurial business plan for a start-up organisation or for a new project in an established organisation
- Integrate theory and real life examples to the challenges of managing rapid growth in an entrepreneurial environment
- Investigate and report on the wide source of information and assistance available to entrepreneurs and significant entrepreneurial business developments and outcomes in recent years.
CERTIFICATION
The optional assessment tasks associated with this unit provide an opportunity for participants to consolidate their learning and to benchmark their understanding against the standard set by Chancellor Institute.
Participants enrolled in this unit who successfully complete the optional assessments will qualify for a grade, academic transcript and certificate of completion for that unit.
For further details about the assessments, please click on the Curriculum tab or
contact our course advisors. Additional unit fees apply for students electing to undertake assessments.
Participants who elect not to complete the optional assessments for this unit will receive a certificate of participation for the unit.
Shareable on Linkedin. You can share your certificates in the Certifications section of your LinkedIn profile, on printed resumes, CVs, or other documents.
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