Formulate business strategies

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver PSPMNGT609B, 'Formulate business strategies'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Formulate business strategies' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Define and implement business strategies

1.1 Business unit objectives are formulated in accordance with the unit's strategic priorities.

1.2 Strategies are developed that relate to the business unit's strategic objectives.

1.3 Strategies are developed in consultation with key stakeholders including other business units and organisations, using a range of communication strategies.

1.4 Strategies and associated objectives are delegated to operational levels within the business unit.

1.5 Strategies are delegated to individuals, teams and groups in a manner which ensures understanding, and commitment.

1.6 Information on business strategies that specifies output targets and performance standards is given to individuals, teams and groups.

1.7 A system which includes key performance indicators is developed to monitor the implementation and effectiveness of strategies.

2. Review the effectiveness of business strategies

2.1 Strategies developed to attain the business unit's strategic objectives are reviewed in a timely fashion.

2.2 Strategies are reviewed in relation to attainment of key objectives, budgets, resources and timelines.

2.3 Multiple perspectives and sources of information are considered in determining the effectiveness of strategies.

2.4 The effectiveness of the strategy is reviewed against key performance indicators.

2.5 Recommendations on appropriate enhancements to the strategies and plans are formulated and acted upon in accordance with organisational policy and procedures.

3. Manage risk associated with business strategies

3.1 Risks associated with the implementation of the business unit's strategies are identified and evaluated.

3.2 Risk levels are assessed as acceptable or unacceptable and balanced against opportunities afforded by taking risks.

3.3 Information sources are utilised to assess levels of identified risks.

3.4 Risk treatments are selected and implemented.

3.5 Risk treatments are monitored and reviewed.

Qualifications and Skillsets

PSPMNGT609B appears in the following qualifications:

  • PUA60806 - Advanced Diploma of Public Safety (Defence Public Affairs)
  • PSP60904 - Advanced Diploma of Government (Workplace Inspection)
  • PSP60604 - Advanced Diploma of Government (Occupational Health Safety)
  • PSP60504 - Advanced Diploma of Government (Management)
  • PSP61210 - Advanced Diploma of Government (Procurement and Contracting)