Manage Business Operations
Course Purpose Executing an action plan for business operations, mobilising resources for a new venture, efficiently managing personal time, monitoring productivity in a business venture, and implementing and managing a basic quality system are essential tasks in successfully launching and …
Overview
Course Purpose
Executing an action plan for business operations, mobilising resources for a new venture, efficiently managing personal time, monitoring productivity in a business venture, and implementing and managing a basic quality system are essential tasks in successfully launching and sustaining a new business initiative.
What you’ll learn
Learners working towards this standard will be learning towards the full qualification or working within an SMME (Small, Medium, Micro Enterprise) environment, specialising in New Venture Ownership and Management, where acquiring competence against this standard will add value to one’s job. This standard will also add value to entrepreneurs seeking to develop their entrepreneurial skills to become more marketable for bigger contracts, including commercial and public sector contracts, for example, the Department of Public Works programmes. The qualifying learner is capable of implementing an action plan for business operations, mobilising resources for a new venture, managing own time productively, monitoring productivity in a business venture, and implementing and managing a basic quality system in a new venture.
Duration: 1 Day
Curriculum
Curriculum
- 5 Sections
- 22 Lessons
- 1 Day
- Unit 1: Implement an action plan for business operationsASSESSMENT CRITERIA4
- 1.1An action plan for the management of business operations is drawn up according to goals set in the business plan (action plan includes a list of goals, objectives and activities, as well as timeframes for the achievement of these)
- 1.2Business concepts are ideas outlined in a business plan that is integrated into an action plan and a task list compiled accordingly
- 1.3Legal issues, safety regulations, and risk factors are considered in the compilation of the action plan
- 1.4Roles and responsibilities pertaining to action plans are explained and assigned in order to execute business activities effectively
- Unit 2: Mobilise resources for a new ventureASSESSMENT CRITERIA4
- 1.1Available resources for a new venture are identified in relation to the business context
- 1.2The cost of resources is analysed and prioritised accordingly
- 1.3The resources identified are evaluated according to suitable contribution to effective business performance
- 1.4Advice is sought and used to supplement competencies where relevant
- Unit 3: Manage your own time productivelyASSESSMENT CRITERIA6
- 1.1The purpose and process for scheduling activities in one’s own business are identified and explained with examples
- 1.2Business activities are organised and scheduled with timeframes
- 1.3Own time management preferences are identified, and work is scheduled accordingly
- 1.4Interruptions are accounted for and built into the schedule to ensure that productivity levels are effectively measured.
- 1.5The schedule is monitored and managed daily
- 1.6Private and business time is balanced to ensure overall personal productivity
- Unit 4: Monitor productivity in a business ventureASSESSMENT CRITERIA4
- Unit 5: Implement and manage a basic quality system in a new ventureASSESSMENT CRITERIA4
- 1.1Basic quality concepts, systems and principles are explained with examples
- 1.2The consequences and risks associated with non-compliance to quality procedures are explained with examples
- 1.3The quality requirements of a new venture are identified and explained according to quality principles and compliance requirements and value for own business
- 1.4Basic quality procedures are drawn up and monitored for own venture
Requirements
- Grade 9
- NQF Level 1