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Stage 1 | Subject outline | version control
Business Innovation
Stage 1
Subject outline
Version 4.0
For teaching in Australian and SACE International schools from January 2024 to December 2024.
For teaching in SACE International schools only from May/June 2023 to March 2024 and from May/June 2024 to March 2025.
Accredited in August 2018 for teaching at Stage 1 from 2019.
For teaching in Australian and SACE International schools from January 2024 to December 2024.
For teaching in SACE International schools only from May/June 2023 to March 2024 and from May/June 2024 to March 2025.
Accredited in August 2018 for teaching at Stage 1 from 2019.
Stage 1 | Subject outline | Capabilities | Critical and Creative Thinking
Critical and creative thinking
In this subject students extend and apply their critical and creative thinking capability by, for example:
- developing their understanding of the underlying problems in order to propose and test customer, problem, and solution hypotheses
- interrogating and managing the process of finding and solving problems themselves
- proposing, developing, and testing possible solutions with identified customer segments
- collecting and analysing information and feedback to inform the iterative process of proposing, developing, and testing solutions
- developing and applying decision-making skills through the use of assumption-based planning tools such as the Business Model Canvas
- exploring and using decision-making strategies in a start-up business environment
- collecting, managing, and analysing business information in order to inform decisions in relation to their business model development
- developing and applying strategies to test and refine proposed solutions, making effective decisions during the process
- proposing, developing, testing, and making conscious decisions to modify key hypotheses in relation to their proposed business improvement or change plan
- proposing changes to enhance the overall viability of solutions
- exploring and using decision-making and change management strategies in relation to an existing business, product, or service.