The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Determine growth objectives
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Clarify reasons for pursuing growth Completed |
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Identify key areas for growth Completed |
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Review current business plan and establish new goals and objectives Completed |
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Identify options for pathways to growth
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Assess the suitability of main options to pursue growth including market penetration, product development, market development and diversification Completed |
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Investigate funding options to support business growth Completed |
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Analyse the business capacity to manage growth including legal and compliance implications and disruption to existing business Completed |
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Determine the risks, challenges and benefits of chosen pathways Completed |
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Develop a strategy for growth
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Research selected growth options and tactics to determine potential return on investment Completed |
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Consider the role of the business owner and determine any adjustments to the function, structure and roles of business personnel required Completed |
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Consult specialist services and sources of advice Completed |
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Prepare a business case for growth in a suitable format for stakeholders Completed |
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Identify specific interests and objectives of relevant people and seek and confirm their support of planned business growth Completed |
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Integrate growth strategy into business, operational, marketing strategic, financial and production plans where relevant Completed |
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