A session on setting yourself up for a productive year of learning in VCE Business Management presented to students of the 2014 Ballarat Study Camp.

4. X5

5. I am in this class because:
I am interested in this subject
 I wish to continue my VCE Units in this subject
 I want to be in business when I leave school
 I've heard it is fun
 there was nothing else available at this time
 my (insert relative) made me
 my friend chose this class
...is this Business Management ? – sorry I’m in the
wrong session...


7. What did you do right last year?
What did you do wrong last year?
What is your goal for this year?
What is your plan for this year?
Study space
 Study equipment
 Study planner
 Study buddy

Eliminate distractions and distractors!

10. Business Management Marking




Unit 3 Outcomes = 25%
Unit 4 Outcomes = 25%
End of year Examination = 50%
50% of students achieve a study score of
more than 30 – this subject is not difficult –
but you will have to work at home and at
school.

11. Unit 3

Corporate Management





How you can tell it’s an LSO
What they do for the Australian economy
The outside environment they work in
(war/economic crisis/drought = pressures)
Who cares what they do and why
Operations Management

Systems

Quality Management

12. U3BMAOS1

13. U3BMAOS1

14. Business Environments Target
Internal environment
Internal =
Operating environment
Managers & Workers
Macro-environment
Equipment & Facilities
Money/Investment
Macro =
Corporate Culture
Legal/Political
Policies & Procedures
Technology
Operating =
Customers
Competitors
Suppliers
Special Interest Groups
Social Attitudes
Economic
Education & Training
Global Issues
Environmental Factors

15. U3BMAOS2

16. U3BMAOS2

17. Structures - Standard
Shareholders
VERTICAL
SPECIALISATION
Board of Directors
CEO
Senior Manager
Middle Manager
Frontline Manager
/Supervisor
Worker
Worker
HORIZONTAL SPECIALISATION
Worker

18. U3BMAOS3

19. U3AOS3

20. Operations Elements
• INPUTS – resources, skills, equipment
• THROUGHOUTS/PROCESSES
– ways of transforming resources into
product/service
• OUTPUTS – products, services, goals met

21. Outcome options - as per your teacher
but something like:



1 = Structured Questions – various articles (30)
2 = Case Study Test (30)
3 = Problem Solving or Research Report (40)
You also have to do your homework and keep:
* detailed original summary notes of each
chapter and
* your own separate, accurate glossary of
terminology and definitions.

22. Unit 4
Human Resource Management
* How to best recruit, manage and motivate workers

The Management of Change
* How LSO's prepare for and deal with change efficiently
and effectively


23. U4BM AOS1

26. Maslow
Self Actualisation –
fulfilment, developing true potential
((interesting jobs, creativity and self-development involved)
Esteem –
recognition of self and competence
(responsible tasks, professional recognition, promotion)
Social –
belongingness
(supportive management, opportunities for teamwork)
Safety –
security physical and emotional
(job security, safe working conditions, freedom to unionise
Basic Physical/physiological –
food, water, air, shelter
(sufficient pay for survival, satisfactory working conditions)

27. U4BM AOS2

30. Outcome options - as per your teacher
but something like:


1 = Essay or Case Study Test (60)
2 = Test (40)
You also have to do your homework and keep:
* detailed original summary notes of each
chapter and
* your own separate, accurate glossary of
terminology and definitions.

31. Enter Scores 03-09
60
50
Score
40
30
20
10
0
1
2
3
4
Year
5
6
7

33. Forces for Change
DRIVING FORCES
•THE NEED FOR INNOVATION
•FLATTER STRUCTURES
•RAPID GROWTH
•COMPETITIVE MARKETS
•TREND TO OUTSOURCING
•TECHNOLGY
•SOCIETY’S ATTITUDES
•ONGOING IR
LEGISLATION CHANGE
RESTRAINING FORCES
•ORGANISATION INERTIA
•ORGANISATIONAL
INSECURITY
•MANAGEMENT
PROCRASTINATION
•FINANCIAL COSTS OF
RESOURCING CHANGE
•PEOPLE’S RESISTANCE TO
CHANGE

34. Employment cycle
Recruitment
Resignation/Quit
Selection
Retrenchment
Staffing Needs Analysis
Redundancy
Retiring
Terminating/Firing
Establishment
/Selection
Termination
Job Analysis
Job Evaluation
Job Description
Exit Interviews
Selection Criteria
Financial Planning for
Superannuation
Interview
Counselling
Referee Check
Retraining for new job
Testing – biofeedback,
IQ, EQ, psychological
Outplacement
Maintenance
Induction
Training
Relationship Building
Careers Pathway Counselling
Team Building
Motivating Mentoring
Employee Relations
Negotiation with Unions Handling Conflict Succession Planning
Contracts

36. Mgt Style - Participative

37. Stress management
X

38. Exam Specifications
65 Marks!

39. Exam Pracs
Past exams, specifications and advice:
• VCAA
• INSIGHT
• NEAP
• CSE
• A+

40. HOW CAN YOU DO YOUR BEST?

WORKBOOKS
GLOSSARY
STUDY ROUTINES
CURRENT AFFAIRS
ATTEND REVISION LECTURES
ATTEND END OF YEAR CLASSES

Find out HOW others do well – copy them!
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

45. amandar@toorakc.vic.edu.au