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knowledge and understanding

AC9HE10K05

processes that businesses use to manage the workforce and improve productivity, including the role of entrepreneurs

Elaborations

  • AC9HE10K05_E1investigating the processes corporations, government and non-government organisations use to support start-up businesses, promote the success of business ventures or create relationships between businesses; for example, Indigenous Business Month Awards, First Nations Chambers of Commerce or the Registrar of Indigenous Corporations
  • AC9HE10K05_E2investigating the processes used by First Nations Australian businesses and other organisations to improve workforce participation; for example, cross-cultural training programs, "Closing the gap" initiatives or corporate commitments to diversity and inclusion in employment
  • AC9HE10K05_E3identifying and explaining strategies for improving workforce management; for example, horizontal or vertical organisational structures, transparency in decision-making, encouragement of workers to show initiative, paid parental leave, flexible work arrangements, employer responsibilities to workers and government
  • AC9HE10K05_E4identifying and explaining strategies that improve productivity; for example, training or upskilling, capital investment, increasing research and development, investment in applications of technologies, use of just-in-time inventory systems or collection, and analysis of data to inform product development or service delivery
  • AC9HE10K05_E5explaining how entrepreneurs lead responses to changes in global and domestic economic conditions and use technologies to drive innovation; for example, influencing approaches to waste management or sustainable use of energy

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AC9HE10K05 – processes that businesses use to manage the workforce and improve productivity, including the role of entrepreneurs | LessonForge