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Business Models and Value Creation (11187.1)

Level: Advanced Unit Level
Credit Points: 3
HECS Bands: 2, 3
Faculty: Faculty of Business, Government & Law
Discipline: School of Management

Availability

Syllabus

Business Models and Value Creation is a response to the significant disruption occurring in the economy due to changes in organisations and the emergence of new industries that are based upon innovative and entirely different models of business. The objectives of this unit are therefore to equip students with relevant knowledge and skills that will enable them to thrive in this turbulent, uncertain, but exciting environment, which will require a different perspective on organisations and business to survive. Students will learn to adopt a design-thinking approach to the analysis and creation of business models that centralise the objective of how to create value for customers. After completing Business Models and Value Creation, students will be able to navigate the shifting international business landscape.

Learning Outcomes

After successful completion of this unit, students will be able to:

1. Assess the different building blocks that constitute a business model;

2. Analyse real world businesses according to patterns in how they create value;

3. Utilise design thinking to create a unique model for an business or organisation; and

4. Strategically evaluate business models.

Contact Hours

Three hours of interactive workshops on-campus per week.

Prerequisites

11184 Service Management.

Corequisites

None.

Assumed Knowledge

None.

Incompatible Units

None.

Equivalent Units

None.



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