Unit of competency details

BSBMGT616A - Develop and implement strategic plans (Release 1)

Summary

Releases:
ReleaseStatusRelease date
1 1 (this release)Current 18/Apr/2008

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Is superseded by and equivalent to BSBMGT616 - Develop and implement strategic plansUpdated to meet Standards for Training Packages 24/Mar/2015

Training packages that include this unit

CodeTitleSort Table listing Training packages that include this unit by the Title columnRelease
TLI10 - TRANSPORT AND LOGISTICS TRAINING PACKAGETRANSPORT AND LOGISTICS TRAINING PACKAGE 1.0-4.2 
TAE10 - Training and EducationTraining and Education 1.0-3.4 
SIS10 - Sport, Fitness and Recreation Training PackageSport, Fitness and Recreation Training Package 2.0-3.1 
SFI11 - Seafood Industry Training PackageSeafood Industry Training Package 1.0-2.2 
RII09 - Resources and Infrastructure Industry Training PackageResources and Infrastructure Industry Training Package 2.0-3.2 
RII - Resources and Infrastructure Industry Training PackageResources and Infrastructure Industry Training Package 1.0-1.4 
LMF02 - Furnishing Training PackageFurnishing Training Package 6.0-8.1 
LGA04 - Local Government Training PackageLocal Government Training Package 3.0 
HLT07 - Health Training PackageHealth Training Package 4.0-5.1 
HLT - HealthHealth 1.0-1.3 
FPI11 - Forest and Forest Products Training PackageForest and Forest Products Training Package 2.0-2.3 
FNS10 - Financial Services Training PackageFinancial Services Training Package 1.0-5.1 
CUV11 - Visual Arts, Crafts and Design Training PackageVisual Arts, Crafts and Design Training Package 1.0 
CUV03 - Visual Arts, Craft and Design Training PackageVisual Arts, Craft and Design Training Package 3.0 
CUS09 - MusicMusic 1.1-1.2 
CUF07 - Screen and Media Training PackageScreen and Media Training Package 1.2 
CUE03 - Entertainment Training PackageEntertainment Training Package 3.1-3.2 
CUA - Creative Arts and Culture Training PackageCreative Arts and Culture Training Package 1.0 
CPP07 - Property Services Training PackageProperty Services Training Package 7.0-14.5 
CHC08 - Community Services Training PackageCommunity Services Training Package 3.0-4.2 
BSB07 - Business Services Training PackageBusiness Services Training Package 5.0-9.0 

Qualifications that include this unit

CodeTitleSort Table listing Qualifications that include this unit by the Title columnRelease
TLI60210 - Advanced Diploma of Deployment LogisticsAdvanced Diploma of Deployment Logistics 1-3 
TLI60110 - Advanced Diploma of Materiel LogisticsAdvanced Diploma of Materiel Logistics 1-2 
TAE50310 - Diploma of International Education ServicesDiploma of International Education Services 1-3 
SFI50511 - Diploma of Seafood ProcessingDiploma of Seafood Processing 1-4 
SFI50211 - Diploma of Fishing OperationsDiploma of Fishing Operations 1-3 
SFI50111 - Diploma of AquacultureDiploma of Aquaculture 1-4 
RII60713 - Advanced Diploma of Surface Coal Mining ManagementAdvanced Diploma of Surface Coal Mining Management 1-2 
RII60709 - Advanced Diploma of Surface Coal Mining ManagementAdvanced Diploma of Surface Coal Mining Management 1-2 
RII60313 - Advanced Diploma of Underground Coal Mining ManagementAdvanced Diploma of Underground Coal Mining Management 1-3 
RII60312 - Advanced Diploma of Underground Coal Mining ManagementAdvanced Diploma of Underground Coal Mining Management 
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Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 080301 Business Management  

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 080301 Business Management  25/Jul/2008 
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Modification History

Not applicable.

Unit Descriptor

Unit descriptor 

This unit describes the performance outcomes, skills and knowledge required to establish the strategic direction of the organisation, and to sustain competitive advantage and enhance competitiveness. It requires analysis and interpretation of relevant markets, capability assessment of the organisation, and its existing and potential competitors and allies. It also covers implementation of the strategic plan.

No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.

Application of the Unit

Application of the unit 

This unit applies to individuals working in senior roles in the organisation, who have responsibility for ensuring that the organisation is positioned to ensure its long term viability and success. The unit covers the requirements for analysing the organisation's present position, and for developing specific actions and initiatives that will be undertaken by people working in various roles.

Licensing/Regulatory Information

Not applicable.

Pre-Requisites

Prerequisite units 

Employability Skills Information

Employability skills 

This unit contains employability skills.

Elements and Performance Criteria Pre-Content

Elements describe the essential outcomes of a unit of competency.

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge section and the range statement. Assessment of performance is to be consistent with the evidence guide.

Elements and Performance Criteria

ELEMENT 

PERFORMANCE CRITERIA 

1. Confirm organisational vision and mission

1.1. Check with stakeholders  that organisational vision and mission are still held to be current and are supported

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

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

1.4. Gain support for strategic planning process from all relevant stakeholders

2. Analyse the internal and external environment

2.1. Determine information requirements and undertake or commission research  to deliver relevant information

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

2.3. Seek advice from appropriate experts wherever necessary

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

2.5. Analyse organisation's strengths, weaknesses, opportunities and threats

2.6. 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 

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

3. Write strategic plan

3.1. Document relevant research and background for inclusion in the strategic plan

3.2. Formulate strategic objectives and strategies needed for the future

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

3.4. Circulate strategic plan for comment, support and endorsement

4. Implement strategic plan

4.1. Communicate strategic plan to all relevant parties

4.2. Brief people with a specific role in relation to strategies

4.3. Use performance indicators to monitor progress in implementing plan

4.4. Make necessary refinements to plan

4.5. Evaluate achievement of objectives at agreed milestones

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

Required Skills and Knowledge

REQUIRED SKILLS AND KNOWLEDGE 

This section describes the skills and knowledge required for this unit.

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.

Evidence Guide

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.

Range Statement

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

Unit Sector(s)

Unit sector 

Competency field

Competency field 

Management and Leadership - Management

Co-requisite units

Co-requisite units 

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