Reference no: EM133181213

OTHM Level 6 Diploma in Business Management

Unit 01 Leadership and People Management

Code - H/616/2734

Aim: The aim of this unit is to enable learners to understand theories of leadership and management and how to use leadership and management skills to improve motivation and performance. Learners will also analyse team dynamics and its importance in achieving organisational goals.

Learning Outcome 1: Understand theories of leadership and people management.

1.1 Assess the skills and attributes needed for leadership.
1.2 Evaluate the differences between leadership and management.
1.3 Compare and contrast leadership styles for different management positions.

Learning Outcome 2: Be able to assess ways to improve motivation and performance by applying leadership skills.

2.1 Evaluate ways to motivate staff to achieve organisational objectives.
2.2 Assess the link between motivational theories and reward.
2.3 Assess the effectiveness of reward systems in different types of organisations.
2.4 Evaluate the methods employers use to monitor employee engagement and performance.

Learning Outcome 3: Be able to plan and carry out assessment of individual work performance and development.
3.1 Analyse the factors involved in planning the monitoring and assessment of work performance.
3.2 Plan and deliver the assessment of the development needs of individuals.
3.3 Evaluate the success of the assessment process.

Learning Outcome 4: Be able to analyse team dynamics and its importance in achieving organisational goals.

4.1 Evaluate the benefits of team-working for an organisation.

4.2 Analyse ways in which managers can resolve conflicts within a team to achieve organisational goals.
4.3 Review the effectiveness of the team dynamics in achieving specified goals.

Unit 02: Business Research Project

Reference Number K/616/2735

Aims: The aim of this unit is to develop learners' research skills, including producing a research question and carrying out independent research using appropriate research techniques. Learners will also analyse research findings, evaluate the research methodology used and present their research findings.

Learning Outcome 1: Be able to propose a research project in a business and management context.
1.1 Assess the factors that contribute to the process of research project selection.
1.2 Formulate and record possible research project outlines and specifications.
1.3 Develop research questions or hypothesis with rationale.
1.4 Clarify resources efficiently for the research question or hypothesis.
1.5 Create an agreed SMART timeframe for completion of the research.

Learning Outcome 2: Be able to prepare a research plan and conduct a literature review.
2.1 Critically appraise literature relevant to the chosen research context.
2.2 Evaluate research methodologies and provide a rationale for a chosen research methodology.
2.3 Evaluate data collection methods and provide a rationale for chosen data collection methods.
2.4 Produce a research proposal.

Learning Outcome 3: Be able to carry out research according to the chosen research specification.
3.1 Carry out the proposed research investigation in accordance with the research specification.
3.2 Collect and present relevant data as outlined by the research specification.
3.3 Interpret and analyse the results in relation to the research specification.

Learning Outcome 4: Be able to evaluate research and present results and conclusion.
4.1 Use appropriate research evaluation techniques to justify the validity of the research.
4.2 Make recommendations, justifying areas for further consideration.
4.3 Present the outcomes of the research to an audience using appropriate media.

Unit 03: Operations Management

Aims: The aim of this unit is to provide learners with an understanding of the production/operations management function in both manufacturing and service industries and to introduce key issues and techniques in operations management.

Learning Outcome 1: Understand the nature and importance of operations management.

1.1 Explain why operations management is important for organisations.
1.2 Analyse the operations functions of a selected organisation.
1.3 Evaluate the operations management process of a selected organisation using relevant models.

Learning Outcome 2: Be able to evaluate the link between operations management and strategic planning.
2.1 Appraise the importance of the ‘Three Es' to organisations.
2.2 Assess the impact of the tension between cost minimisation and quality maximisation.
2.3 Evaluate the significance of the five performance objectives that underpin operations management to organisation.

Learning Outcome 3: Be able to assess how to organise a typical production process.
3.1 Assess how linear programming adds value to a given production process.
3.2 Evaluate critical path analysis and network planning.
3.3 Analyse the need for operational planning and control in a selected production process.

Learning Outcome 4: Be able to apply relevant techniques to the production of an operational plan for an organisation.
4.1 Produce a set of clearly defined operational outcomes for a selected organisation.
4.2 Produce a network plan indicating the resultant critical path.
4.3 Assess how quality management techniques are applied to improve operations in a selected organisation.

Unit 04: Financial Decision Making

Aim: The aim of this unit is to demonstrate the links between business decision making, risk assessment and financial information. Learners will understand how businesses are financed through their fixed and working capital requirements and how the financial management of each organisation is influenced by its governance and ownership structure.

Learning Outcome 1: Understand the role of financial information and financial analysis in business risk assessment and decision- making.
1.1 Analyse the factors that guide and drive decision making in business.
1.2 Assess the significance of financial factors in business decision making.
1.3 Evaluate the characteristics of business risk that impact on financial and business decisions.

Learning Outcome 2: Understand how financial statements and their structure aid business decision making.
2.1 Compare the accrual and cash flow approaches to accounting and financial reporting and the implications of each for business decision making.
2.2 Evaluate the structure and content of final accounts and their uses for business decision making.
2.3 Interpret financial information in balance sheets, income statements as well as sources and applications of funds statements.
2.4 Differentiate between financial decisions relating to capital expenditure and those relating to revenue expenditure.

Learning Outcome 3: Be able to perform effective capital expenditure appraisal using range of techniques.
3.1 Appraise various sources of short-term and long- term financing for businesses.
3.2 Critically examine key factors affecting the choice of source of financing.
3.3 Evaluate various techniques used for appraising and making decisions regarding capital expenditure.
3.4 Explain the possible benefits and drawbacks of off-balance sheet financing.

Learning Outcome 4: Be able to evaluate how different ownership structures impact on financial performance.

4.1 Critically analyse the corporate governance, legal and regulatory environments of different business ownership structures.

4.2 Compare and contrast stakeholder interests of owners and managers in decision making.

4.3 Evaluate the significance of Return on capital Employed (ROCE), Earnings Per Share (EPS) and other overall performance measures for the long-term sustainability of businesses.

4.4 Differentiate between business ethics, governance and accounting ethics as controls on business accountability.

Unit 05 Sustainable Business Practices

Code Reference Number - A/616/2738

Aim: The aim of this unit is to raise learners' awareness of sustainable development issues and how they impact on the strategic development of businesses. Learners will be expected to demonstrate their understanding of sustainability and its effect on business organisations.

Learning Outcome 1: Understand the global sustainability agenda.
1.1 Evaluate the global sustainability agenda and how it relates to national practice.
1.2 Analyse the forces for change in the sustainable business environment.
1.3 Evaluate the impact of current sustainability issues on businesses.

Learning Outcome 2: Understand the concept of the sustainable business organisation.
2.1 Determine the scope of the sustainable business organisation.
2.2 Evaluate the impact on business structure and objectives of becoming a sustainable business organisation.

Learning Outcome 3: Be able to review sustainable strategic business planning.
3.1 Analyse the concept of the triple bottom line and review how it is implemented in business organisations.
3.2 Determine change required within business organisations to meet a sustainability agenda.
3.3 Review the process of sustainable strategic business planning.

Unit 06: Strategic Human Resource Management

Code Reference Number - F/616/2739

Aim: The aim of this unit is to develop learners' understanding of competing and contrasting perspectives of strategic HRM. The unit develops learners' understanding of how HRM strategies and practices contribute to organisational and employee performance, and the problems and complexities of operationalising an HRM strategy within different types of organisation.

Learning Outcome 1: Understand the role and importance of human resource management in achieving organisational effectiveness.
1.1 Illustrate key concepts and models governing Strategic Human Resource Management.
1.2 Evaluate the role and importance of Strategic Human Resource Management in organisations.
1.3 Analyse the frameworks of Strategic Human Resource Management.

Learning Outcome 2: Understand the formulation and implementation of human resource strategies.
2.1 Analyse the strategic human resource process.
2.2 Assess the approaches of Strategic Human Resource Management.
2.3 Analyse the development and implementation of human resource strategies.

Learning Outcome 3: Be able to critically analyse the use and application of a range of HR strategies designed to improve employee and organisational performance.
3.1 Evaluate appropriate human resource strategies for an organisation.
3.2 Assess human resource strategies and their application in an organisation.

Learning Outcome 4: Be able to critically evaluate various key perspectives within Strategic Human Resource Management.
4.1 Review current literature and perspectives on Strategic Human Resource Management.
4.2 Evaluate contemporary issues affecting Strategic Human Resource Management.

Attachment:- Diploma in Business Management.rar