SAQA 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:
  • Develop specific techniques for releasing creativity in developing ideas/opportunities for a new venture.
  • Determine the role of innovation in the development and growth of a new venture.
  • Apply principles and practices of innovation in the development and growth of a new venture. 
    		•

    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 
  • Thinking Skills and idea generating techniques.
  • Analytical and creative thinking in a business context.
  • The individual's context may include family, community, spaza, organisation or business.
  • Entrepreneurial characteristics include, but are not limited to commitment, energy, need to achieve, tolerance for stress, decisiveness, and ability to deal with failure. 
    		•

    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 
  • An individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA or an ETQA that has a Memorandum of Understanding with the relevant ETQA .
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA .
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA or an ETQA that has a Memorandum of Understanding with the relevant ETQA .
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Thinking skills
  • Definition of creativity
  • Analytical and creative thinking
  • The barriers of creative thinking
  • The concept of innovation
  • Entrepreneurship and innovation
  • Types and causes of innovation
  • Idea generation techniques
  • Principles and practices of innovation. 
    		•

    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. BLC Entertainment 
    2. EYETHU NATIONAL COMPUTER COLLEGE PTY LTD 
    3. Frayintermedia Cc 
    4. HILLCROSS BUSINESS SCHOOL (PTY 
    5. Jeppe College of Commerce and 
    6. LOCKSMITHS ASSOCIATION OF SOUTH AFRICA 
    7. Musengavhadzimu Media 
    8. NewBridge Institute PTY Ltd 
    9. POP Training & Consulting 
    10. PRX SCHOOL TEST 
    11. Richfield Graduate Institute of Technology Pty Ltd 
    12. Together Lifestyle Resort Pty Ltd 
    13. Ursivox Interactive Systems 
    14. Varsity Institute of Science & Technology (Pty)Ltd 
    15. Whitestone College 
    16. 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.