Team work: New Enterprise project

Due: 28 Sept through 24 Oct

Weighting: 50% (25 + 25)

This assessment comes in two parts. The first part is the pitch presentation of your new enterprise project and the second part is the written business report of your new enterprise project.

All students will join a team to work on their new enterprise project. You will remain together in your team for the entire duration of the unit. It is important that you assemble a team of diverse, energetic, creative and vibrant team members each with different skill sets and drive that they bring to your new enterprise project. 

Part 1: New Enterprise Pitch Presentation (Individual and team mark(50/50) worth 25%)

Due: Sunday 14 Oct 2018 

15-minutes per team presentation during class time. BEFORE the presentation (i.e., by 13 Oct), you must submit your team’s powerpoint to iLearn. Penalty applies if powerpoint slides are not submitted before the pitch presentation. All students must be present in during presentations. Absence without approved “Special Considerations” will be awarded 0 marks. Refer to Assessment guidelines posted on iLearn.

Each  team must give a stand-up presentation of its new enterprise project in a pitch presentation. This presentation aims to impress and convince investors or other stakeholders to support your project. Marks are awarded based on both individual presentation and the overall team presentation (50/50). Strategize and make every effort to capture the confidence and imagination of your audience. Be creative, professional and credible. Each and every team member must be involved in the presentation. The feedback from the presentation will be useful in refining the written report, which is part 2 of the team project.

More details about this assessment will be presented in class and on iLearn.

Part 2: Written report (Individual and team mark(50/50) worth 25%)

Due: The written report is due Wednesday 24 Oct by 9am. Submit on our iLearn site. 

Late reports will incur a 10% penalty per 24-hour period that they are late. Weekend days and public holidays each count as one day. Penalty does not apply in cases in which an application for Special Consideration is made and approved prior to the submission due date. If the revised extended deadline is not met, late penalty applies. Refer to Assessment guidelines posted on iLearn.

Your new enterprise project report is a professional document that presents your new enterprise opportunity and project within a framework that includes business models. These business models should show how value is created, delivered and captured. Your new enterprise will encompass entrepreneurial creativity in solving a problem and/or identifying gaps that are not filled by the current market (if it's a new venture) or your organisation (if it refers to entrepreneurial activity within your/an organisation). Your new project can be commercially focused to deliver financial value or a socially focused to deliver social good. Note that even though you will need to devote to the unit at least 100 hours outside class, you cannot reasonably expect to set up a new enterprise in the usual time span of a single term. Marks are awarded based on both individual report sections and the overall team report (50/50).

More details about this assessment will be presented in class and on iLearn.

In-class case study assessment

Students work in teams of four (4) on a case study that they have read and prepared ahead of time. Case studies and questions will be posted on iLearn. Students will be marked on their individual response to questions as well as their team response following discussion. There will 4 in-class assessment each worth 12.5%.

Phases

Timing

Activity

Phase 1: Preparation

Pre-Seminar

Students read the materials and read and prepare the relevant case study.

Phase 2: Individual Readiness Assurance

In-class

Students join their team and write their individual responses to the case study questions on the designated individual activity sheet. The purpose of the individual responses is to provide evidence to the lecturer, and to fellow team members, that a student has done some preparation before the seminar.

Phase 3: Team Discussion

In-class

Students discuss their answers as a team to reach consensus on the case study analysis. Justification, which integrates ideas from individual responses, is written on the designated individual activity sheet. The teaching staff move around the teams to (i) probe for more theoretically grounded reasoning to deepen learning, and (ii) assure that individual students are contributing to the group discussion.

Phase 4: Feedback

In-class

The lecturer facilitates a class debrief in which teams discuss and defend their positions. This enhances learning through comparison and immediate feedback. The lecturer provides verbal feedback on team performances.

Phase 5: Formal feedback and reflection

Next class

The lecturer returns assessment rubrics from previous week’s class. Students respond to formal feedback by modifying learning behaviour through further practice before the next assessment.