Stage 1 | Subject outline | version control

Business Innovation Stage 1
Subject outline

Version 3.0
For teaching in Australian and SACE International schools from January 2023 to December 2023.
For teaching in SACE International schools only from May/June 2022 to March 2023 and from May/June 2023 to March 2024.
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.