Part 1: Evaluation You are required to answer each question with short answers. List three benefits of gaining support for the strategic planning process from all relevant stakeholders prior to writing and implementing the organisation’s strategic plans. Give examples of risks and risk management strategies relevant to strategic planning including intellectual property rights and responsibilities Outline strategic planning methodologies including political, economic, social and technological (PEST) analysis and strengths, weaknesses, opportunities and threats analysis (SWOT) Identify internal and external sources of information relevant to the organisation’s market, competitors, customer base, vision, values and capabilities Outline techniques for developing organisational values. Read More …
Tag: BSBMGT616 Questions and Answers
BSBMGT616 Develop and Implement Strategic Plans Assessment Task 4 Questions and Answers
Implement 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 implement the strategic plan within the organisation, monitor progress and develop a report evaluating the implementation. Assessment description As part of your review, you need to develop a report describing the implementation as measured by the achievement of KPIs, milestones and overall effectiveness. You also need to identify and describe any refinements or improvements that can be made to the implementation Read More …