Unit of competency Outline

Date retreived
22/07/2026 5:39 PM AWST

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Identify and implement business innovation

Identify and implement business innovation

Unit of competency
National Code
ICTICT604
State Code
AUU80
TGA Status
Replaced
DTWD Status
Transition (Replaced)
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
16/09/2015
Nominal Hours
60
Description
This unit describes the skills and knowledge required to analyse traditional business processes to identify and implement business opportunities for innovation and reform.It applies to individuals in senior information and communications technology (ICT) roles within organisations, in the areas of knowledge management and systems development, who are responsible for analysing, identifying and coordinating relevant ICT business solutions to meet given organisational goals.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Compare the business with competitor businesses
  • 1.1 Investigate information on business markets, customers and methods of doing business
  • 1.2 Analyse and compare the current market for the business and the customer base with typical business markets and customers
  • 1.3 Analyse and contrast current business relationships, business processes and methods of doing business with e-facilitated businesses
2. Identify business opportunities for innovation and reform
  • 2.1 Investigate innovation and reform of aspects of the business through business strategies
  • 2.2 Assess opportunities for their compatibility with business goals and objectives, and conduct a cost-benefit analysis for each
  • 2.3 Evaluate the degree of likely change and the ramifications for the business and its culture for each opportunity
  • 2.4 Conduct a risk management analysis and formulate a plan for dealing with contingencies according to organisational requirements
  • 2.5 Rank opportunities in terms of their viability and applicability to the organisation
  • 2.6 Include opportunities for innovation in the organisation's business strategy and prioritise them for implementation
3. Implement innovation
  • 3.1 Redesign aspects of the business in an innovative manner using online technologies according to the organisation's business strategy
  • 3.2 Integrate innovation into the business and monitor to gauge usefulness and maximise implementation
  • 3.3 Review business innovation in consultation with users and make recommendations for improvement or further innovation
No information
No information
Replaces
State Code National Code Title Type
D7901 ICAICT604A Identify and implement business innovation Unit of competency
Replaced By
State Code National Code Title Type
OBT89 ICTICT614 Identify and implement business innovation Unit of competency