Friday's Lesson Plan / Microteach (See main activity)

Date: 10th December 2021

Lesson: Week 8

Year:  1

BTEC Level: 3

Tutor: Mr David Hilton

Topic: Unit 3 – Business Finance

 

Time:

Plan

Learning objective and outcome

 11:00 hrs

Progressing from the previous lesson: B2 Break-even analysis

The learning aim /objective - for today’s lesson - is for the 12 learners to gain an appropriate understanding of the: success criteria, concepts and assessment criteria for the learning outcome associated with LA.B: “Understand  how  financial  planning  tools  can  be  used  to  analyse  financial  data  and assess business  risks”. Ref.: Pearson BTEC Levels 3 Higher Nationals in Business Specification, July 2020.

In particular, the learning outcome will focus on B2 Break-even analysis

Starter activity

5-10 min

Upload previous lesson’s - Activity 32.3 – into Zoom Chat Area

Each learner providing - 4 definition of strategy – which outline their main features.

Complete - Unit 3: Business Finance - Weblog (Blog) Survey

Main Activity

10-15 min

 

Teachers’ direction for Activity 32.1.3:

Show and share, circulate (breakout rooms) virtual learning environment /check learners understanding of task.

 

Key directive: “Learners should demonstrate how an organisation - of the group choice – can utilise the role of strategy to achieve business objectives and goals, strategic intent and different strategic direction.”

Learners’ role

 

Step.1.         Building on the business objectives and goals outlined by your group’s last week; identify the strategic intent and different strategic direction of your group’s chosen organisation. On completion presentation - One A4 sheet - to be upload to ZOOM chat

 

Step.2.         Group work: Two members - of each group - should be allocated the role of identifying – “how to Set a Strategic Direction” – by utilising the online resources outlined in LO.1.3: The role of strategy to achieve business objectives and goals, strategic intent and different strategic direction. 200 – 250 words

 

Step.3.         Pair work. Two learners (from your group) should be allocated the undertaking of adding the 4 strategic directions - outlined in last week’s homework task – to your group’s presentation. Ref.: Video LO.1.3: Url: https://www.youtube.com/watch?v=zLcSdZs2TeA - Strategic Directions. 200 - 250 words

 

Step.4.         Group work: Two member - of each group - should be allocated the role of demonstrating how some of the 5P's:  

           Plan P.1,     Ploy  P.2,     Pattern  P.3,     Position  P.4,     Perspective  P.5.

can be employed to suit the different demands and strengths of an organisations. 200-250 words.

 

Group

A

B

C

D

1st choice

P1

P5

P2

P4

2nd choice

P3

P2

P5

P1

 

Step.5.         Peer Assessment – see extension task below.

Extension work

 

Those who have completed the work will be given extension work of producing an audio/video podcast of their Group’s main findings. This can be achieved using extracts of the Group’s activities or a personal summary, that can be shown to other groups. Podcast to be upload to ZOOM chat or shared group folder.

Plenary

Review, outcome and progress related to lesson objective. Have the learners met the outcomes?

Preview of the next lesson. LO.1.4: Different strategic planning techniques.

Questions and answers session to ascertain positive feedback

Homework

 

Concerns about the limitations of Business case studies teaching real world management – when developing practical leadership skills - are part of a larger effort to move management education from a teaching-centred to a learning-centred endeavour in which students generate, rather than simply receive, knowledge. Adapted from Foster & Carboni (2009).

 

IN Unit 32’s assignment brief Uber Case Study: The State of Autonomous Transport and appropriate subject tool for HND students to learn strategy?

Provide an individual perspective – not more than 500 words – to the question and upload your script - not later than Tuesday 4th January 2022 – to:

Turn-it-in (UK) URL: https://www.turnitinuk.com/login_page.asp

This task will also be marked to establish whether learner to can produce Merit or Distinction level work. See criteria below:

  Merit Criteria:

  Url: https://32u20dbhl1.blogspot.com/p/merit-criteria.html

  Distinction Criteria:

  Url: https://32u20dbhl1.blogspot.com/p/distinction-criteria.html

Extra-Curricular

 

Literacy: Stated presentation of - Homework task.

Numeracy: Using examples of Profit/Loss, Cash flow and Break-even-chart as a strategic tool for growth.

Employability: Research (online) current opportunities for Strategic Junior and Management roles.

Assessment for Learning

 

1.   Observing how learners have built on the business objectives and goals outlined in their groups from last week.

 

2.   The activities – (Step 1: Step 5) - which allows the teacher to see the levels and progress of students.

 

3.   Observing, question and answers, oral feedback, /peer assessment (pair work), contribution to discussion and written responses

Key Words

 

Strategic Intent can be understood as the philosophical base of the strategic management process. It implies the purpose, which an organization endeavour of achieving. It is a statement, that provides a perspective of the means, which will lead the organization, reach the vision in the long run.

Strategic direction is an approach to planning that includes setting and synching short-term, medium-term and long-term goals.

Ploy refers to activities which are actively dependent on the actions of others.

Differentiation

 

1.   Questions and answers will be differentiated based on cohort profile

 

2.   Group dynamics afford support for low achievers and challenge for high achievers.

 

3.   Peer work – see extension work.

 

4.   Homework outcomes will be differentiated by Pass, Merit and Distinction submission formative assessment.

Resources

 

Computers, internet, Zoom virtual learning class, lesson plan, weblog, videos, podcasts, activities, Chat function, Breakout classes, survey

Evaluation process

 

1.   Did I complete the objective?

2.   If no, why?

3.   What am I going to do about it?

4.   Did anything unexpected happen?

5.   Has anyone under perform/ over perform? If so, what will I do about it?

6.   Are there any changes/improvements I could make in the future?