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Unit of competency details

BSBTWK601 - Develop and maintain strategic business networks (Release 1)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes BSBCMM501 - Develop and nurture relationships 18/Oct/2020
Supersedes BSBREL501 - Build international client relationships 18/Oct/2020
Supersedes BSBREL502 - Build international business networks 18/Oct/2020

Release Status:
Current
Releases:
ReleaseRelease date
1 1 (this release) 19/Oct/2020

Companion volumes:
Unit of competency Assessment requirements

Delivery:
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Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 120505 Work Practices Programmes 

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 120505 Work Practices Programmes 17/Dec/2020 
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Unit of competency

Modification History

Release  

Comments  

Release 1

This version first released with BSB Business Services Training Package Version 7.0.

Application

The unit describes the skills and knowledge required to establish professional relationships and networks to support organisational objectives.

The unit applies to individuals who hold significant accountability for the effective functioning and success of an organisation or work area. At this level, work will generally be carried out using complex and diverse methods and procedures requiring the exercise of considerable discretion and judgement, using a range of problem solving and decision-making strategies.

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

Unit Sector

Social Competence – Teamwork and Relationships

Elements and Performance Criteria

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Plan networking activities

1.1 Identify potential business contacts according to networking objectives and organisational strategy

1.2 Evaluate and select potential business contacts

1.3 Plan subject matter of communication with identified businesses contacts

1.4 Evaluate methods for contacting identified business contacts

2. Undertake networking activities

2.1 Establish contact with identified business contacts

2.2 Communicate with relevant stakeholders the advantages of developing business relationship according to plan

2.3 Confirm communication channels with relevant stakeholders for future correspondence

3. Maintain networks

3.1 Identify existing business relationships and assess strategic importance according to organisational objectives

3.2 Develop plan for maintaining strategic business relationships

3.3 Evaluate opportunities for collaboration with business contacts according to organisational strategy

Foundation Skills

This section describes language, literacy, numeracy and employment skills incorporated in the performance criteria that are required for competent performance.

SKILL 

DESCRIPTION 

Reading
  • Identifies and interprets information from complex texts including organisational policies and procedures

Writing
  • Communicates relationships between ideas and information, matching style of writing to purpose and audience
  • Researches, plans and prepares for business communication

Oral Communication
  • Participates in verbal exchanges using appropriate style, tone and vocabulary for audience, context and purpose
  • Participates in discussions using listening and questioning to elicit the views of others and to clarify or confirm understanding

Numeracy
  • Identifies and interprets numerical information relevant to organisational strategy

Enterprise and Initiative
  • Takes full responsibility for complying with organisational policies and procedures applicable to self and the organisation

Teamwork

  • Sequences and schedules complex activities, monitors implementation and manages relevant communication

Planning and organising

  • Applies formal processes when planning complex tasks, producing plans with logically sequenced steps, reflecting an awareness of time constraints
  • Identifies and takes responsibility for addressing unpredictable problems in work contexts

Unit Mapping Information

No equivalent unit. New unit.

Supersedes but is not equivalent to:

  • BSBCMM501 Develop and nurture relationships
  • BSBREL501 Build international client relationships
  • BSBREL502 Build international business networks.

Links

Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

 

Assessment requirements

Modification History

Release  

Comments  

Release 1

This version first released with BSB Business Services Training Package Version 7.0.

Performance Evidence

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

  • develop and maintain at least one strategic business network.

In the course of the above, the candidate must:

  • identify methods for contacting potential business contacts including conferences, professional associations and business networking opportunities
  • determine the value of establishing a shared business relationship
  • initiate follow-up correspondence.

Knowledge Evidence

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

  • key features of organisational strategy
  • common opportunities and risks associated with business collaboration
  • methods for contacting potential business contacts applicable to the industry.

Assessment Conditions

Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.

This includes access to:

  • organisational strategy documents relevant to performance evidence
  • interaction with others.

Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.

Links

Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

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