NTISthis.com

Evidence Guide: BSBMGT616A - Develop and implement strategic plans

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

BSBMGT616A - Develop and implement strategic plans

What evidence can you provide to prove your understanding of each of the following citeria?

Confirm organisational vision and mission

  1. Check with stakeholders that organisational vision and mission are still held to be current and are supported
  2. Make any changes or refinements to vision or mission statement as required
  3. Review or develop organisational values to support the vision and mission statement
  4. Gain support for strategic planning process from all relevant stakeholders
Check with stakeholders that organisational vision and mission are still held to be current and are supported

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Make any changes or refinements to vision or mission statement as required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review or develop organisational values to support the vision and mission statement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Gain support for strategic planning process from all relevant stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse the internal and external environment

  1. Determine information requirements and undertake or commission research to deliver relevant information
  2. Analyse political, economic, social, and technological developments in a global context
  3. Seek advice from appropriate experts wherever necessary
  4. Identify and consider strengths and weaknesses of existing and potential competitors and allies
  5. Analyse organisation's strengths, weaknesses, opportunities and threats
  6. Consider co-operative ventures that are supported by risk and cost-benefit analyses, are consistent with the organisational vision, mission and values, and provide for due diligence
  7. Check that analysis of internal and external environment is consistent with the perspectives of other informed people
Determine information requirements and undertake or commission research to deliver relevant information

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse political, economic, social, and technological developments in a global context

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Seek advice from appropriate experts wherever necessary

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and consider strengths and weaknesses of existing and potential competitors and allies

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse organisation's strengths, weaknesses, opportunities and threats

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Consider co-operative ventures that are supported by risk and cost-benefit analyses, are consistent with the organisational vision, mission and values, and provide for due diligence

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Check that analysis of internal and external environment is consistent with the perspectives of other informed people

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Write strategic plan

  1. Document relevant research and background for inclusion in the strategic plan
  2. Formulate strategic objectives and strategies needed for the future
  3. Detail each strategy with an assigned priority, a timeframe, responsible parties and measurable performance indicators
  4. Circulate strategic plan for comment, support and endorsement
Document relevant research and background for inclusion in the strategic plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Formulate strategic objectives and strategies needed for the future

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Detail each strategy with an assigned priority, a timeframe, responsible parties and measurable performance indicators

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Circulate strategic plan for comment, support and endorsement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement strategic plan

  1. Communicate strategic plan to all relevant parties
  2. Brief people with a specific role in relation to strategies
  3. Use performance indicators to monitor progress in implementing plan
  4. Make necessary refinements to plan
  5. Evaluate achievement of objectives at agreed milestones
  6. Review effectiveness of plan and consider methods for improving strategic planning processes
Communicate strategic plan to all relevant parties

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Brief people with a specific role in relation to strategies

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use performance indicators to monitor progress in implementing plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Make necessary refinements to plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate achievement of objectives at agreed milestones

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Review effectiveness of plan and consider methods for improving strategic planning processes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential:

thorough analysis of the organisation's own capabilities, those of their existing potential competitors and allies, and the external environment

strategic plan which includes objectives, strategies, timeframes, performance indicators and methods for monitoring the implementation of the plan

knowledge of relevant legislation.

Context of and specific resources for assessment

Assessment must ensure:

access to appropriate documentation and resources normally used in the workplace.

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:

direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate

observation of presentations

oral or written questioning to assess knowledge of strategic planning methodologies

review of documentation outlining strengths and weaknesses of existing and potential competitors and allies

review of strategies and their assigned priority, timeframe, responsible parties and performance indicators.

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example:

other units from the Advanced Diploma of Management.

Required Skills and Knowledge

Required skills

analytical skills to undertake value chain analysis, to review strengths and weaknesses, and to collate and interpret statistical data including trend analysis

financial skills to consider resource implications of proposed strategies

research skills to ensure accurate, up-to-date information is available for the environmental analysis

risk management skills to plan and undertake appropriate due diligence.

Required knowledge

relevant legislation from all levels of government that affects business operation, especially in regard to occupational health and safety and environmental issues, equal opportunity, industrial relations and anti-discrimination

strategic planning methodologies including political, economic, social and technological (PEST) analysis and strengths, weaknesses, opportunities and threats analysis (SWOT)

competitor knowledge

codes and by-laws relevant to the organisation's operations.

Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Stakeholders may include:

Board

customers

employees

government agencies

owners

shareholders

technical advisers

Research may include:

commissioned research

demographics

economics

internal research

market segmentation

political

product

social

technological

Global context means:

examination on a world-wide basis of factors which may impact on the long-term strategic direction of the business

Due diligence means:

process by which an investor, lawyer, auditor, or other qualified person, verifies the accuracy of data provided by another organisation