- PSPMNGT609B - Formulate business strategies
Assessor Resource
PSPMNGT609B
Formulate business strategies
Assessment tool
Version 1.0
Issue Date: May 2024
Not applicable.
This unit covers the requirement to develop, implement and review business strategies to attain the business unit's strategic objectives. It includes defining and implementing business strategies, reviewing the effectiveness of strategies and managing risk associated with the strategies.
In practice, formulating business strategies may overlap with other generalist or specialist public sector workplace activities such as complying with legislation, acting ethically, managing risk, networking, developing business cases etc.
This unit replaces and is equivalent to PSPMNGT609A Formulate business strategies.
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)
Prerequisites
Not applicable.
Employability Skills
This unit contains employability skills.
Evidence Required
List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
The Evidence Guide specifies the evidence required to demonstrate achievement in the unit of competency as a whole. It must be read in conjunction with the Unit descriptor, Performance Criteria, the Range Statement and the Assessment Guidelines for the Public Sector Training Package. | |
Units to be assessed together | Pre-requisite units that must be achieved prior to this unit:Nil Co-requisite units that must be assessed with this unit:Nil Co-assessed units that may be assessed with this unit to increase the efficiency and realism of the assessment process include, but are not limited: PSPETHC601B Maintain and enhance confidence in public service PSPGOV601B Apply government systems PSPGOV602B Establish and maintain strategic networks PSPLEGN601B Manage compliance with legislation in the public sector PSPMNGT608B Manage risk PSPMNGT610A Manage public sector financial resources PSPPOL603B Manage policy implementation |
Overview of evidence requirements | In addition to integrated demonstration of the elements and their related performance criteria, look for evidence that confirms: the knowledge requirements of this unit the skill requirements of this unit application of the Employability Skills as they relate to this unit (see Employability Summaries in Qualifications Framework) business strategies reflective of the unit's strategic priorities developed and implemented in a range of (2 or more) contexts (or occasions over time) |
Resources required to carry out assessment | These resources include: legislation, procedures and protocols related to formulation of business strategies workplace scenarios and case studies to capture the range of situations likely to be encountered when formulating business strategies guidelines for formulating business strategies for the public sector |
Where and how to assess evidence | Valid assessment of this unit requires: a workplace environment or one that closely resembles normal work practice and replicates the range of conditions likely to be encountered when formulating business strategies, including coping with difficulties, irregularities and breakdowns in routine business strategies reflective of the unit's strategic priorities to be developed and implemented in a range of (2 or more) contexts (or occasions, over time) Assessment methods should reflect workplace demands, such as literacy, and the needs of particular groups, such as: people with disabilities people from culturally and linguistically diverse backgrounds Aboriginal and Torres Strait Islander people women young people older people people in rural and remote locations Assessment methods suitable for valid and reliable assessment of this competency may include, but are not limited to, a combination of 2 or more of: case studies portfolios projects questioning scenarios authenticated evidence from the workplace and/or training courses |
For consistency of assessment | Evidence must be gathered over time in a range of contexts to ensure the person can achieve the unit outcome and apply the competency in different situations or environments |
Submission Requirements
List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here
Assessment task 1: [title] Due date:
(add new lines for each of the assessment tasks)
Assessment Tasks
Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
This section describes the essential skills and knowledge and their level, required for this unit. |
Skill requirements Look for evidence that confirms skills in: engaging in effective consultation with stakeholders negotiating and influencing applying environmental scanning using a variety of words and language structures to explain complex ideas to different audiences interpreting and explaining complex, formal documents and assisting others to apply them in the workplace preparing written strategies requiring reasoning and precision of expression using discussion involving exchanges of complex oral information responding to diversity, including gender and disability |
Knowledge requirements Look for evidence that confirms knowledge and understanding of: strategic planning processes business strategies risk management principles and processes organisational goals, policies and procedures evaluation and review methodologies jurisdictional legislation applicable to business strategies, including occupational health and safety and environmental and sustainability requirements equal employment opportunity, equity and diversity principles |
The Range Statement provides information about the context in which the unit of competency is carried out. The variables cater for differences between States and Territories and the Commonwealth, and between organisations and workplaces. They allow for different work requirements, work practices and knowledge. The Range Statement also provides a focus for assessment. It relates to the unit as a whole. Text in bold italics in the Performance Criteria is explained here. | |
Business unit may refer to: | a program sub-program cost centre area division branch production unit or section located within the organisation |
Communication strategies may include: | small group information sessions computerised communications in-house publications oral presentations |
Business strategies may include: | programs, projects and plans used to attain the business unit's strategic objectives |
Information sources for strategy review may include: | statistical analyses interviews with stakeholders surveys focus groups interviews research on existing programs solicited and unsolicited feedback organisational reviews workforce management data |
Policy and procedure may include: | Commonwealth and State/Territory legislation including equal employment opportunity and anti-discrimination law national and international codes of practice and standards the organisation's policies and practices environmental/sustainability policies government policy codes of conduct |
Risk management: | is a logical and systematic process of identifying, analysing, assessing, treating, and monitoring risks related with any strategy, plan, process, program or procedure, that will enable the organisation to minimise losses and maximise opportunities may be considered in relation to an organisation's: people assets physical environment reputation and image legal issues business continuity finances |
Risk information sources may include: | computer modelling sensitivity analysis structured interviews statistical data questionnaires fault trees analysis of consequences - loss of money, time, labour, intangibles |
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.
Observation Checklist
Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice | Yes | No | Comments/feedback |
---|---|---|---|
Business unit objectives are formulated in accordance with the unit's strategic priorities. | |||
Strategies are developed that relate to the business unit's strategic objectives. | |||
Strategies are developed in consultation with key stakeholders including other business units and organisations, using a range of communication strategies. | |||
Strategies and associated objectives are delegated to operational levels within the business unit. | |||
Strategies are delegated to individuals, teams and groups in a manner which ensures understanding, and commitment. | |||
Information on business strategies that specifies output targets and performance standards is given to individuals, teams and groups. | |||
A system which includes key performance indicators is developed to monitor the implementation and effectiveness of strategies. | |||
Strategies developed to attain the business unit's strategic objectives are reviewed in a timely fashion. | |||
Strategies are reviewed in relation to attainment of key objectives, budgets, resources and timelines. | |||
Multiple perspectives and sources of information are considered in determining the effectiveness of strategies. | |||
The effectiveness of the strategy is reviewed against key performance indicators. | |||
Recommendations on appropriate enhancements to the strategies and plans are formulated and acted upon in accordance with organisational policy and procedures. | |||
Risks associated with the implementation of the business unit's strategies are identified and evaluated. | |||
Risk levels are assessed as acceptable or unacceptable and balanced against opportunities afforded by taking risks. | |||
Information sources are utilised to assess levels of identified risks. | |||
Risk treatments are selected and implemented. | |||
Risk treatments are monitored and reviewed. |
Forms
Assessment Cover Sheet
PSPMNGT609B - Formulate business strategies
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Assessment Record Sheet
PSPMNGT609B - Formulate business strategies
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