Business Planning and Decision Making
UndergraduateTAS-ZAA2322024
Course information for 2024 intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Business Planning and Decision Making
About this subject
Upon completion of this subject, the student should be able to:
- Analyse and interpret data to apply an ‘evidence-based approach’ to decision making.
- Apply business planning strategies, tools, and techniques to support organisational planning.
- Evaluate and communicate planning requirements, actions and priorities in an organisational context.
- Introduction to Business Planning
- Introduction to data analysis and decision making from data
- Data and data analysis tools
- Analysing, interpreting and presenting data
- Business planning concepts: types of plans and strategic planning
- Business planning tools: SWOT, PESTLE, Porters, Model Canvas, Life Cycle, Six Sigma, Value Chain and Design Thinking
- Business planning tools: Balanced Scorecard and Strategic Mapping
- Business planning tools: Using KPIs
- Cascading planning to operational actions
- Exploring operational workforce planning
- Communicating and interacting with a Strategic Plan
- Business planning in overview
- Challenges in and learning more about business planning
Business planning for successful organisations relies on both strategic and operational plans that inform and guide day to day activities and processes. Strategic planning concepts include medium to long term planning, vision, missions, values and objectives of an organisation. This subject explores how strategic planning informs operational planning, with a strong focus on how operational actions and activities are formulated and decided upon.
It investigates approaches that underpin data-informed decision-making and planning including being able to identify and incorporate organisational challenges, opportunities and recommendations for improvements. You will engage in analysing, interpreting and evaluating data, information and operating context using business tools such as graphing, SWOTs, and business model canvases to inform operational planning.
In conjunction with the discipline theory, this subject builds on concepts of learning through practice in Year 1 of study by introducing you to more complex learning experiences.
You will be introduced to:
- discipline-based skills and knowledge in dynamic practice situations. This will include authentic and purposeful, industry-related experiences
- concepts of managing effective relationships and communicating with others
- the development and use of adaptive leadership skills and how these skills relate to innovative and entrepreneurial practice
- the nature of responsible, accountable and reflective workplace skills, and creative and critical thinking relevant to para-professional practice.
- Case Study Operational Report (30%)
- Business Action Plan (50%)
- Decision Making and Data Analysis (20%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Teaching Arrangement: Weekly 2-hour online Tutorials, 1 x half to full day online Workshop per semester.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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