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Unit of Study

Business Innovation and Sustainability
UoS Code IBUS6012
Credit points 6
Offered Semester 2
Prerequisites None
Assumed Knowledge IBUS5002, or completion of at least 24 credit points
Additional Information
Lectures 1x 3 hr lecture/seminar per week
Assessment Market opportunities (30%), mid-semester exam (20%), major project presentation A (10%), major project presentation B (5%), written report (25%), participation (10%)
Description Businesses are increasingly challenged to build sustainability into their core business model. This unit centres on business- and corporate-level strategy, focussing on sustainability and the development of skills and knowledge required to formalise controls and systems while sparking and coping with rapid entrepreneurial growth. Topics include harnessing and leveraging resources and capabilities, internationalising ventures, social and environmental sustainability, mergers and acquisitions and avoiding the pitfalls of rapid growth. It also explores the processes involved in strategy formulation, including decision-making and design thinking. The unit is structured around learning from engaged practice, and requires students to work with businesses in their search for balanced growth options and their appropriate funding.