All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Apply innovative thinking to the development of a small business |
SAQA US ID | UNIT STANDARD TITLE | |||
114600 | Apply innovative thinking to the development of a small business | |||
ORIGINATOR | ||||
SGB Generic Management | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Generic Management | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular-Fundamental | Level 4 | NQF Level 04 | 4 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2026-06-30 | 2029-06-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard does not replace any other unit standard and is not replaced by any other unit standard. |
PURPOSE OF THE UNIT STANDARD |
This Unit Standard is aimed at giving the learners a fundamental understanding of the importance of innovation in business success. The learner will gain knowledge of specific techniques for releasing creativity in the development a viable business venture.
It will also address the behavioural (psycho-social) barriers that contribute to failure in starting and sustaining an enterprise. The qualifying learner will be able to: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Learners accessing this qualification will have demonstrated competence in Computer Literacy, Mathematical Literacy and Communications at NQF level 3 or equivalent. |
UNIT STANDARD RANGE |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Develop specific techniques for releasing creativity in developing ideas/opportunities. |
OUTCOME NOTES |
Develop specific techniques for releasing creativity in developing ideas/opportunities for a new venture. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The concept and application of creativity is demonstrated through business related activities. |
ASSESSMENT CRITERION 2 |
The difference between analytical and creative thinking is demonstrated with examples through problem-solving activities in a new venture creation context. |
ASSESSMENT CRITERION 3 |
Barriers to creative thinking are identified with examples of their effect on creative thinking. |
ASSESSMENT CRITERION 4 |
Lateral thinking exercises are applied to generate new ideas. |
SPECIFIC OUTCOME 2 |
Determine the role of innovation in the developmen and growth of a new venture. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The concept of innovation is described and discussed in relation to new venture creation. |
ASSESSMENT CRITERION 2 |
Types of innovation are identified and explained with examples. |
ASSESSMENT CRITERION 3 |
The impact of innovation on a new venture is explained with examples. |
ASSESSMENT CRITERION 4 |
The relationship between successful entrepreneurship and innovation is explained with examples. |
ASSESSMENT CRITERION 5 |
Factors that contribute to the development and growth of a new venture are identified and explained with examples. |
SPECIFIC OUTCOME 3 |
Apply principles and practices of innovation to the development and growth of a new venture. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Innovative thinking is applied to generate new products that the business can make and/or new services it can provide for greater profitability and/or viability. |
ASSESSMENT CRITERION 2 |
Innovative thinking is applied to generate alternative ways the business can run its operations to cut costs and increase income. |
ASSESSMENT CRITERION 3 |
Innovative thinking is applied to generate ways in which the business can generate more employment opportunities without putting the business at risk. |
ASSESSMENT CRITERION 4 |
Innovate thinking is used to generate ways in which the skills needs of employees can be addressed without risking the venture. |
ASSESSMENT CRITERION 5 |
Innovative thinking is applied to find ways to minimise the impact of opposition firms on the venture. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems pertaining to the identification of innovative practices in new ventures. |
UNIT STANDARD CCFO ORGANISING |
Organise oneself and one's activities by carefully considering the advantages and disadvantages of being an innovative entrepreneur before making a business decision. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organise and critically evaluate information in order to promote innovation in a new venture. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively using visual, mathematical and/or language skills in describing innovative ideas for a new venture. |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world as a set of related systems where the application of the principles and practices of innovation create better chances for a successful venture. |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
UNIT STANDARD NOTES |
N/A |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 49276 | Further Education and Training Certificate (FETC): Trade Exhibitions | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
Core | 66249 | Further Education and Training Certificate: New Venture Creation | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
Core | 23953 | Further Education and Training Certificate: New Venture Creation (SMME) | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2009-05-13 | Was SERVICES until Last Date for Achievement |
Core | 20884 | National Certificate: New Venture Creation (SMME) | Level 4 | NQF Level 04 | Passed the End Date - Status was "Registered" |
2005-04-10 | |
Core | 60289 | National Certificate: Community Recreation | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CATHSSETA |
Fundamental | 49059 | National Diploma: Master Craftsmanship (Electrical) | Level 5 | NQF Level 05 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | EWSETA |
Elective | 50541 | National Certificate: Locksmithing | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SAS SETA |
Elective | 57879 | National Certificate: Manufacturing of Surface Coatings | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CHIETA |
Elective | 58143 | National Certificate: Music Industry Practice | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CATHSSETA |
Elective | 80646 | Further Education and Training Certificate: Beauty and Nail Technology | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
Elective | 61669 | Further Education and Training Certificate: Community Water, Health and Sanitation Facilitation | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | EWSETA |
Elective | 49021 | Further Education and Training Certificate: Debt Recovery | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | FASSET |
Elective | 50371 | Further Education and Training Certificate: Domestic Appliance Repair | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | EWSETA |
Elective | 50040 | Further Education and Training Certificate: Optical Manufacturing Processes | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MERSETA |
Elective | 58350 | Further Education and Training Certificate: Perishable Produce Exportation | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | AgriSETA |
Elective | 50560 | Further Education and Training Certificate: Small Craft Construction | Level 4 | NQF Level 04 | Passed the End Date - Status was "Registered" |
2009-08-31 | Was MERSETA until Last Date for Achievement |
Elective | 57428 | Further Education and Training Certificate: Youth Development | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | ETDP SETA |
Elective | 58394 | National Certificate: Film and Television Production | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MICTS |
Elective | 59201 | National Certificate: Generic Management | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | As per Learning Programmes recorded against this Qual |
Elective | 49123 | National Certificate: Journalism | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Registered" |
2007-10-18 | Was MICTS until Last Date for Achievement |
Elective | 58978 | National Certificate: Journalism | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | MICTS |
Elective | 65050 | National Certificate: Music | Level 5 | Level TBA: Pre-2009 was L5 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | CATHSSETA |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
1. | Amaqamu Project Management and Consulting |
2. | ATTI Nelspruit Pty Ltd |
3. | B T Group of Companies Pty Ltd |
4. | BLC Entertainment |
5. | Breakeven 59(PTY) Ltd |
6. | CHILUTSI TRADING ENTERPRISE |
7. | Dintshang Trading |
8. | EDUTEL SKILLS DEVELOPMENT PTY LTD |
9. | Epitome Villa (Pty)Ltd |
10. | ESKOM GENERATION - PALMIET PUMP STORAGE GRABOUW |
11. | EYETHU NATIONAL COMPUTER COLLEGE PTY LTD |
12. | FILM Mentorship & Training SA |
13. | Frayintermedia Cc |
14. | HAZYVIEW WATER SKILLS ACADEMY |
15. | HILLCROSS BUSINESS SCHOOL (PTY |
16. | Jeppe College of Commerce and |
17. | Kitso Bokamoso Training Solution |
18. | Kundani Trading |
19. | Leronsa Trading Enterprise |
20. | LOCKSMITHS ASSOCIATION OF SOUTH AFRICA |
21. | MBOWA COLLEGE PTY LTD |
22. | Media Village Training |
23. | MENTORNET (PTY) LTD |
24. | Musengavhadzimu Media |
25. | Ntevho-Ketso Training and Recruitement Consultancy cc |
26. | NTI College |
27. | Ntsangalala Business Enterprise |
28. | OL Afrika Media |
29. | OPELONG BUSINESS INSTITUTE (PT |
30. | PAMODZI TRAINING SERVICES |
31. | Peo Entle HIV Wellness Management and Youth Skills Development NPO |
32. | PND Academy of Learning cc |
33. | Posh Multimedia |
34. | POWER SYSTEMS TRAINING, CAPE TOWN |
35. | Pretoria Technical College |
36. | Professional Development and Training Institute (Pty) Ltd |
37. | PROGRESSIVE SCHOOL OF BUSINESS AND ENGINEERING (PTY) LTD |
38. | PRX SCHOOL TEST |
39. | Rand Training College |
40. | Resonance Institute of Learning |
41. | Retshetse Training Project |
42. | Richfield Graduate Institute of Technology Pty Ltd |
43. | SEANEGO INTERGRATED NATURAL RESOURCES MANAGEMENT |
44. | SOUTH AFRICAN CORPORATE TRAINING ASSOCIATION (PTY) LTD |
45. | Southern African Youth Movement |
46. | Thabelanang t/a Thabelanang Trading Enterprise |
47. | THE GMC GROUP PTY LTD |
48. | THOBOLOGO TRAINING & EDUCATION GROUP |
49. | Thuto-Botshabelo Training and Projects (Pty) Ltd |
50. | Together Lifestyle Resort Pty Ltd |
51. | TSP COLLEGE |
52. | Ulwazi Training & Development |
53. | Ursivox Interactive Systems |
54. | Varsity Institute of Science & Technology (Pty)Ltd |
55. | VUTHLARI MARKETING CONSULTING |
56. | Whitestone College |
57. | ZA WIT (PTY) LTD |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |