Course Title: Develop and implement a business plan

Part A: Course Overview

Program: C6091

Course Title: Develop and implement a business plan

Portfolio: BUS

Nominal Hours: 60.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM6247C

City Campus

TAFE

650T TAFE Business

Face-to-Face or Internet or Workplace

Term1 2012

Course Contact: Graham Airey

Course Contact Phone: +61 3 9925 5473

Course Contact Email: graham.airey@rmit.edu.au


Course Description

This course covers the skills and knowledge required to develop a strategic business for a small independent organization or for a department in a large organization. The course will inform students of the components that make up a business plan, how to implement it and how to monitor and evaluate the different parts of the plan when it is in operation. Much of the course focus will be on business planning for a typical everyday company or organization, or advising client businesses on the business plan relevancy.

If you are undertaking this course in Melbourne from semester 2, 2012 onward your class will be held in a device-equipped teaching space. Each student group will have access to a laptop. It is however recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus both in and outside class times.


Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBMGT617A Develop and implement a business plan

Elements:

1. Prepare strategic plan

2. Implement the business plan

3. Monitor the business plan


Learning Outcomes


Overview of Assessment

1. PRE-PLAN ASSESSMENT – (worth 30%)

Students will sit a 90 minute pre-plan individual ‘think tank’ in week 9. This session will consist of 6 questions that require 6 short essay ‘overview’ summaries of approximately 100 words each covering the five sub-plans that make up a completed business plan and a general question about the objective of a business plan in the operation of a small to medium sized business, or a departmental plan in a large organization. This session will be a closed book exercise and cover chapters 1 through 8 in the prescribed text – ‘Writing Your Plan for Small Business Success’ - from which information to provide ‘overview’ summaries can be sought. Each summary will attract a mark out of 5 and the combined total will be the pre-plan assessment mark. The overall objective of the pre-plan session is to ensure individual students are competent in their understanding of basic components of a business plan prior to forming into pairs for the major assignment.

2. MAJOR ASSIGNMENT – BUSINESS PLAN (worth 70%)

Students will form into pairs for the major assignment. Each pairing will choose a real life company and come up with a hypothetical subsidiary operation and write a business plan for that organization using the five sample plans provided in the prescribed text and class notes as a guide. The assignment will be professionally presented as a ‘boardroom document’ to be presented to the parent company covering all aspects of the proposed business plan. The ‘boardroom document’ will cover 55% of the assessment task and 15% will cover an in- class presentation summarizing the proposal.