This section is about implementing the strategic plan for your organisation. It includes how to communicate the plan to all key stakeholders and briefing all relevant parties on their role in achieving the necessary outcomes. It includes a section on setting timelines and milestones, and how to monitor and evaluate its progress. Scenario: Making the vision reality The strategic planning document is complete and now the ‘rubber hits the road’. However, the plan is not effective until implemented. The plan must be well communicated so that all stakeholders understand their responsibilities in its implementation. You must also have a strategy Read More …
Tag: BSBMGT616 Develop and Implement Strategic Plans
BSBMGT616 Develop and Implement Strategic Plans for Your Organisation
This section is about writing the strategic plan for your organisation. It includes summarising and documenting the industry research undertaken, and the results of analyses conducted by the organisation. It includes a suggested format for writing and communicating the strategic plan to the organisation. It also includes a section on how to articulate the strategy into action plans so that everyone is aware of the expectations upon departments and individuals. Scenario: Rewriting the future Now you have conducted research and analyses, and have an understanding of the environment, both internal and external. You have identified areas to improve and are Read More …
BSBMGT616 Develop and Implement Strategic Plans on Analyse the Organisational Environment
This section is about analysing the internal and external environment of your organisation. It includes a section on conducting research on your industry and your organisation’s current status, and how to conduct PEST and SWOT analyses. It also includes a section on how to ascertain your priority issues and manage cooperative venture partnerships. Scenario: Analysing the environment The strategic planning process requires you to understand the environment in which the organisation operates, in order to project the future of the organisation in light of any factors that may affect it. An organisation that wishes to establish itself as a leader Read More …
BSBMGT616 Develop and Implement Strategic Plans Questions and Answers Section 1
Section 1 – Confirm the Vision and Mission This section is about confirming the organisation’s current vision and mission statements as part of the strategic planning process. It includes making refinements to the vision, reviewing core values and identifying key stakeholders who will assist with the process. It also includes a section on understanding how the strategic planning process takes place. Scenario: Review strategic direction The strategic direction of an organisation must be regularly reviewed and evaluated to ensure that it is current, relevant and achievable. As a senior manager, you will be involved in the strategic planning process. This Read More …
BSBMGT616 Develop and Implement Strategic Plans Assessment Task 3 Questions and Answers
Write Strategic Plan Submission details The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Performance objective In this assessment, you are required to develop and document a strategic plan for the organisation based on the research you have conducted. You will also need to communicate the strategic plan to key stakeholders in the organisation. Assessment description Write a strategic plan, including consideration of resource implications, and then circulate to stakeholders. After endorsement from the Board, communicate the plan to employees and describe any implications Read More …
BSBMGT616 Develop and Implement Strategic Plans Assessment Task 2 Questions and Answers
Analyse the Internal and External Environment Submission details The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Performance objective In this assessment, you are required to complete analyses of the organisational environment to develop an understanding of potential competitors and allies, and the associated risks and benefits. Assessment description Complete a value chain analysis, PEST and SWOT for your organisation, plus analyses of the potential competitors and allies supplied in the case study. Procedure For the provided case study, you are required to complete Read More …
BSBMGT616 Develop and Implement Strategic Plans Assessment Task 1 Questions and Answers
Confirm Organisational Vision and Mission The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Performance objective In this assessment, you are required to manage the review of the currency of the organisational vision and mission, make any necessary changes, and communicate the review process to stakeholders in order to gain their support. Assessment description Review the organisation’s vision and values by reviewing the case study information provided, as well as meeting with a key stakeholder in the case study organisation (role-played by your assessor). Read More …