Unit of competency Outline

Date retreived
23/07/2026 5:50 AM AWST

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Assess new industry developments

Assess new industry developments

Unit of competency
National Code
AHCWRK515
State Code
OFC74
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
24/01/2023
View on TGA
State Implementation and Classification
Approved Date
09/06/2023
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
09/06/2023
Nominal Hours
110
Description
This unit of competency describes the skills and knowledge required to assess new industry developments of the workplace and of the industry sector as a whole.The unit applies to individuals who apply specialised skills and knowledge to assessing new industry developments, take personal responsibility and exercise autonomy in undertaking complex work. They analyse and synthesise information and analyse, design and communicate solutions to sometimes complex problems.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Analyse the industry sector
  • 1.1 Review and update knowledge of relevant industry sectors
  • 1.2 Identify and access sources of information
  • 1.3 Participate in relevant industry events
  • 1.4 Identify and apply relevant historical events
  • 1.5 Analyse state, territory, national and international issues for their relevance to the industry and impact on the workplace
2. Assess new developments for impact on workplace and industry sector
  • 2.1 Source and assess current research on industry developments
  • 2.2 Evaluate risks and opportunities of new industry developments
  • 2.3 Identify emerging stakeholders and interest groups, and assess their potential benefit or impact on workplace and industry sector
  • 2.4 Analyse industry trends
  • 2.5 Identify and assess impacts of proposed government initiatives
  • 2.6 Assess outcomes and opportunities of relevant initiatives in other industries
  • 2.7 Assess community and customer attitudes and expectations
3. Report on new developments
  • 3.1 Consolidate and consider implications of research information
  • 3.2 Integrate research information into workplace or industry sector planning processes
  • 3.3 Share research information to encourage opportunities for cooperative approaches
  • 3.4 Prepare a report on new industry developments
No information
No information
Replaces
State Code National Code Title Type
BAO81 AHCWRK504 Assess new industry developments Unit of competency