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MODULE SPECIFICATION FORM



Module Title: Business Venturing                        Level: 5             Credit Value: 20




Module                    Semester(s) in which to be                        With effect from:
code:                     offered:
ARD509                     2                                                February 2010




Existing/                 Title of module being
New:                      replaced (if any):
Existing



Originating Subject: Art, Science and              Module Leader: Marisse Mari
Technology Institute



Module duration (contact hours/directed            Status: core/option/elective (identify
private study:                                     programme where appropriate):

200 (60/80/60)                                     Elective




Percentage taught by Subjects other than originating Subject (please name other Subjects):

Taught with support from the Centre for Entrepreneurial Learning



Programme(s) in which to be         Pre-requisites per programme          Co-requisites per
offered:                            (between levels):                     programme (within a
                                                                          level):

All undergraduate                   N/A                                   N/A
programmes

Module to be aligned with
BA (Hons) Design for QA
and assessment purposes
only
Rationale:

This module at level five will present students with an opportunity to investigate the life word of an
entrepreneur, to develop an understanding of the process of business venturing and skills and
attitudes it requires so that they can apply these in their own activities.

While there are no prior requisites for entry onto the module it is recommended that students
complete the level 4 module; enterprise awareness as preparation.

Module Aims:

This module aims to:

    •   Facilitate an understanding of the life-world of an entrepreneur and their process of business
        venturing through investigation, comparison and reflection.
    •   Challenge students to reflect on how this knowledge shapes their understanding of the
        entrepreneurial process of business venturing.




Expected Learning Outcomes:

Knowledge and Understanding:

Students will:

    1. Develop an understanding of the life-word of an entrepreneur focusing on their process of
       business venturing.
    2. Contrast and compare this understanding with other entrepreneurial examples.
    3. Critically discuss consonance and dissonance between these different approaches to business
       venturing.
    4. Reflect on what this has taught them about the entrepreneurial process of business venturing.
Transferable/Key Skills and other attributes:

    •   Analysis and Evaluation
    •   Team working
    •   Communication
    •   Presentation
    •   Research
    •   Resource planning / management
Assessments


Assessment          Learning
                                        Type of Assessment
  Number           Outcomes                                              Weighting     Word Count
                   To Be Met

                                 Individual Assessment -Interview an
Assessment                       entrepreneur, focusing on their
One:                             process for business venturing.

                       1         Compile their interview into a short       40%             1250
                                 biography discussing the                                  (+/-10%)
                                 entrepreneurs approach to business
                                 venturing supported by relevant
                                 academic references.

                                 Group Assessment - Partner with
Assessment                       a maximum of two other
Two:                             classmates and critically cross
                                 compare the findings from each
                                 other’s interviews in the form of
                                 a group presentation.
                      2, 3                                                  30%               -
                                 Presentation must last no more
                                 than 10 minutes and be
                                 supported by no more than 5
                                 sides of A4.

Assessment                       Individual Assessment – Through their
Three:                           learning in the module reflect on
                                 what they have learnt about what it                        750
                        4                                                   30%
                                 means to them to be entrepreneurial                      (+/-10%)
                                 and create new business ventures.




Learning and Teaching Strategies:
The learning and teaching strategy has at its heart the values and practices of Glyndŵr’s learning and
teaching strategy where students are encouraged to take responsibility for their own learning. The key
delivery will be structured around an action learning methodology centred on the development of an
entrepreneurial project managed by the students across the year which will also form the evidence
base for their assignments.

This module will be delivered using a range of teaching and learning methods. These include lectures,
seminars, case studies, open learning programmes, project work, online work and simulations to
create a diverse learning portfolio suited to a range of learning styles.

All relevant (practicable) steps will be taken to accommodate the learning needs of students if these
are highlighted to the module leader.



Syllabus Outline

Week 1: Module Introduction                             Week 9: SimVenture Applied
Class: Interactive Lecture                              Class: SimVenture
HW: Moodle Activity                                     HW: Moodle Activity
Week 2: Interview Technique                             Week 10: SimVenture Applied
Class: Speed Dating Activity                            Class: SimVenture
HW: Research Reading                                    HW: Moodle Activity
Week 3: Case Study                                      Week 11: Presentation Preparation
Class: Entrepreneurial Talk + Q&A                Class: Preparation Assessment 2
HW: Planning Assessment 1                        HW: Preparation Assessment 2
Week 4: The Entrepreneurial Venture              Week 12: Group Presentations
Class: Sales Activity                            Class: Assessment 2 (Presentation)
HW: Reflection                                   HW: Assessment 3 (On Going)
Week 5: Business Planning                        Week 13: Group Presentations
Class: Interactive Lecture                       Class: Assessment 2 (Presentation)
HW: Further Reading                              HW: Assessment 3 (On Going)
Week 6: Case Study                               Week 14: Writing Reflections
Class: Entrepreneurial Talk + Q&A                Class: Interactive Lecture
HW: Final Submission Assessment 1                HW: Research Activity
Week 7: Goal Setting and Action Planning         Week 15: Entrepreneur?
Class: Interactive Lecture                       Class: Class Discussion
HW: Moodle Activity                              HW: Final Submission Assessment 3
Week 8: SimVenture Applied
Class: SimVenture Training
HW: Moodle Activity



Reading:


Essential Reading:

   •   Stutely, R (2006) The Definitive Business Plan: The Fast Track to Intelligent Business
       Planning for Executives and Entrepreneurs Harlow:Financial Times
   •   Mullins, J (2006) The New Business Road Test: What Entrepreneurs and Executives Should
       Do Before Writing a Business Plan, Londion: Financial Times
   •   Barrow, P (2005) The Best-Laid Business Plans: How to Write Them, How to Pitch Them
       England: Virgin Books
   •   Rae, D (2007) Entrepreneurship: From Opportunity to Action, USA: Palgrave Macmillan
   •   Barringer, B.R. (2009) Entrepreneurship: Successfully Launching New Ventures 3rd edition
       Boston: Pearson Education

Other Indicative Reading:

   •   Barrow, C (2009) Business Plans Kit For Dummies, Hobokenm N.J.: John Wiley & Sons
   •   West, C (2008) Think Like an Entrepreneur - Your Psychological Toolkit of Success :Prentice
       Hall,
   •   Vaynerchuck, G (2009) Crush It!: Why Now is the Time to Cash in on Your Passion New York:
       Harper Studio,
   •   Semler, R (2001) Maverick!: The Success Story Behind the World's Most Unusual Workplace,
       Harlow: Random House Business Books
   •   Kirby, D.(2002) Entrepreneurship Maidenhead: McGraw-Hill Higher Education,
   •   Gittomer, J. (2003) The Sales Bible: The Ultimate Sales Resource Hoboken, N.J.:John Wiley &
       Sons
   •   Warburton, N (2007) Thinking from A – Z London: Routledge
   •   De Botton, A.(2009) The Pleasures and Sorrows of Work, London: Hamish Hamilton
   •   Roam, D (2008) Back of the Napkin, The: Solving Problems and Selling Ideas with Pictures,
       New York.

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ARD509 Business Venturing

  • 1. MODULE SPECIFICATION FORM Module Title: Business Venturing Level: 5 Credit Value: 20 Module Semester(s) in which to be With effect from: code: offered: ARD509 2 February 2010 Existing/ Title of module being New: replaced (if any): Existing Originating Subject: Art, Science and Module Leader: Marisse Mari Technology Institute Module duration (contact hours/directed Status: core/option/elective (identify private study: programme where appropriate): 200 (60/80/60) Elective Percentage taught by Subjects other than originating Subject (please name other Subjects): Taught with support from the Centre for Entrepreneurial Learning Programme(s) in which to be Pre-requisites per programme Co-requisites per offered: (between levels): programme (within a level): All undergraduate N/A N/A programmes Module to be aligned with BA (Hons) Design for QA and assessment purposes only
  • 2. Rationale: This module at level five will present students with an opportunity to investigate the life word of an entrepreneur, to develop an understanding of the process of business venturing and skills and attitudes it requires so that they can apply these in their own activities. While there are no prior requisites for entry onto the module it is recommended that students complete the level 4 module; enterprise awareness as preparation. Module Aims: This module aims to: • Facilitate an understanding of the life-world of an entrepreneur and their process of business venturing through investigation, comparison and reflection. • Challenge students to reflect on how this knowledge shapes their understanding of the entrepreneurial process of business venturing. Expected Learning Outcomes: Knowledge and Understanding: Students will: 1. Develop an understanding of the life-word of an entrepreneur focusing on their process of business venturing. 2. Contrast and compare this understanding with other entrepreneurial examples. 3. Critically discuss consonance and dissonance between these different approaches to business venturing. 4. Reflect on what this has taught them about the entrepreneurial process of business venturing. Transferable/Key Skills and other attributes: • Analysis and Evaluation • Team working • Communication • Presentation • Research • Resource planning / management
  • 3. Assessments Assessment Learning Type of Assessment Number Outcomes Weighting Word Count To Be Met Individual Assessment -Interview an Assessment entrepreneur, focusing on their One: process for business venturing. 1 Compile their interview into a short 40% 1250 biography discussing the (+/-10%) entrepreneurs approach to business venturing supported by relevant academic references. Group Assessment - Partner with Assessment a maximum of two other Two: classmates and critically cross compare the findings from each other’s interviews in the form of a group presentation. 2, 3 30% - Presentation must last no more than 10 minutes and be supported by no more than 5 sides of A4. Assessment Individual Assessment – Through their Three: learning in the module reflect on what they have learnt about what it 750 4 30% means to them to be entrepreneurial (+/-10%) and create new business ventures. Learning and Teaching Strategies: The learning and teaching strategy has at its heart the values and practices of Glyndŵr’s learning and teaching strategy where students are encouraged to take responsibility for their own learning. The key delivery will be structured around an action learning methodology centred on the development of an entrepreneurial project managed by the students across the year which will also form the evidence base for their assignments. This module will be delivered using a range of teaching and learning methods. These include lectures, seminars, case studies, open learning programmes, project work, online work and simulations to create a diverse learning portfolio suited to a range of learning styles. All relevant (practicable) steps will be taken to accommodate the learning needs of students if these are highlighted to the module leader. Syllabus Outline Week 1: Module Introduction Week 9: SimVenture Applied Class: Interactive Lecture Class: SimVenture HW: Moodle Activity HW: Moodle Activity Week 2: Interview Technique Week 10: SimVenture Applied Class: Speed Dating Activity Class: SimVenture HW: Research Reading HW: Moodle Activity Week 3: Case Study Week 11: Presentation Preparation
  • 4. Class: Entrepreneurial Talk + Q&A Class: Preparation Assessment 2 HW: Planning Assessment 1 HW: Preparation Assessment 2 Week 4: The Entrepreneurial Venture Week 12: Group Presentations Class: Sales Activity Class: Assessment 2 (Presentation) HW: Reflection HW: Assessment 3 (On Going) Week 5: Business Planning Week 13: Group Presentations Class: Interactive Lecture Class: Assessment 2 (Presentation) HW: Further Reading HW: Assessment 3 (On Going) Week 6: Case Study Week 14: Writing Reflections Class: Entrepreneurial Talk + Q&A Class: Interactive Lecture HW: Final Submission Assessment 1 HW: Research Activity Week 7: Goal Setting and Action Planning Week 15: Entrepreneur? Class: Interactive Lecture Class: Class Discussion HW: Moodle Activity HW: Final Submission Assessment 3 Week 8: SimVenture Applied Class: SimVenture Training HW: Moodle Activity Reading: Essential Reading: • Stutely, R (2006) The Definitive Business Plan: The Fast Track to Intelligent Business Planning for Executives and Entrepreneurs Harlow:Financial Times • Mullins, J (2006) The New Business Road Test: What Entrepreneurs and Executives Should Do Before Writing a Business Plan, Londion: Financial Times • Barrow, P (2005) The Best-Laid Business Plans: How to Write Them, How to Pitch Them England: Virgin Books • Rae, D (2007) Entrepreneurship: From Opportunity to Action, USA: Palgrave Macmillan • Barringer, B.R. (2009) Entrepreneurship: Successfully Launching New Ventures 3rd edition Boston: Pearson Education Other Indicative Reading: • Barrow, C (2009) Business Plans Kit For Dummies, Hobokenm N.J.: John Wiley & Sons • West, C (2008) Think Like an Entrepreneur - Your Psychological Toolkit of Success :Prentice Hall, • Vaynerchuck, G (2009) Crush It!: Why Now is the Time to Cash in on Your Passion New York: Harper Studio, • Semler, R (2001) Maverick!: The Success Story Behind the World's Most Unusual Workplace, Harlow: Random House Business Books • Kirby, D.(2002) Entrepreneurship Maidenhead: McGraw-Hill Higher Education, • Gittomer, J. (2003) The Sales Bible: The Ultimate Sales Resource Hoboken, N.J.:John Wiley & Sons • Warburton, N (2007) Thinking from A – Z London: Routledge • De Botton, A.(2009) The Pleasures and Sorrows of Work, London: Hamish Hamilton • Roam, D (2008) Back of the Napkin, The: Solving Problems and Selling Ideas with Pictures, New York.