Study Guide

Objective

Having completed this study unit

- You know the key theories and methods related to business design and business development
- You know the importance of sustainability as a core value when developing sustainable business models
- You know the importance of sustainable value-chains, customer-centricity, stakeholder engagement and technology when developing sustainable business.
- You understand the importance of resilience and agility in business model development
- You are able to use innovation methods in business design and business development

Content

- Theories and method of business design and business development
- Sustainability as a core value
- Importance of sustainable value-chains, customer-centricity, stakeholder engagement and Technology when developing sustainable business.
- Importance of resilience and agility
- Innovation methods in business design and business development

Assessment criteria, satisfactory (1)

Level 1
Sustainable Business Model
You know the key theories and methods related to business design and business development.
You know the importance of sustainability as a core value when developing sustainable business models.
You know the importance of sustainable value-chains, customer-centricity, stakeholder engagement and technology when developing sustainable business.
You are able to use innovation methods in business design and business development.

Level 2
Sustainable Business Model
You are able to demonstrate the key theories and methods in business design and development.
You are able to identify and explain the significance of sustainability as a core value when creating business models.
You recognize the components of sustainable value chains and how they impact customers and stakeholders when developing sustainable businesses.
You are able to apply some innovation methods in business design and development.

Assessment criteria, good (3)

Level 3
Sustainable Business Model
You are able to demonstrate an understanding of key theories and methods in business design and development.
You are able to apply the knowledge of business design theories to develop practical solutions for real-world challenges.
You understand the components of sustainable value chains and how they impact customers and stakeholders when developing sustainable businesses
You are able to apply various innovation methods in business design and development.

Level 4
Sustainable Business Model
You have a command of key theories and methods in business design and development.
You are able apply the knowledge of business design theories to develop practical solutions for real-world challenges and is able to evaluate them.
You have a command of the components of sustainable value chains and are able to evaluate the impact on customers and stakeholders when developing sustainable businesses.
You are able to apply suitable innovation methods in business design and development and evaluate the results.

Assessment criteria, excellent (5)

Level 5
Sustainable Business Model
You have a holistic understanding of key theories and methods in business design and development.
You are able apply the knowledge of business design theories to develop practical solutions for real-world challenges and is able to critically evaluate them.
You have a command of the components of sustainable value chains and are able to foresee the impact on customers and stakeholders when developing sustainable businesses.
You are able to apply suitable innovation methods in business design and development and analyze the results.

Assessment criteria, approved/failed

PASS:
You understand the importance of resilience and agility in business model development.