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 …
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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 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 …
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 …