Introduction
This resource introduces learners to some sources of business risk and a simple system for rating risks. It outlines how risk is an essential element of enterprise and highlights some risks associated with scaling up and growing an enterprise.
Using the case study, learners consider some risks identified when a potential investor carries out due diligence on a startup and its founders, and formulate responses.
What's in this resource?
This resource consists of:
- An overview video which can be watched on its own or shown in part to the class to support the lessons. Use the chapters to navigate along the video.
- A student resource which contains key information related to the subject, diagrams, questions and a case study.
- A teacher guide with advise about how to deliver the subjects and suggestions for classroom activities.
Suggested learning outcomes
Learners will be able to:
- explain why risk is an essential element of enterprise
- list the main categories and sources of business risk, giving engineering examples
- describe how the success criteria and fail conditions can be used to make an informed stop/pivot/go/grow decision.
Topics covered
- Enterprise.
- Business risk.
- Risk analysis and management.
- Scaling up and growth.