Assessment Task 1 BSBMGT616 Develop and Implement Strategic Plans

Assessment Task 1 BSBMGT616 Develop and implement strategic
plans
Report: Develop a strategic
plan
Submission details
The assessment task is due on the date specified by your assessor. Any
variations to this arrangement must be approved in writing by your
assessor.
Submit this document with any required evidence attached. See
specifications below
for details.
Performance objective
The candidate will demonstrate the ability to develop a detailed strategic
plan for a company and prepare for implementing the plan.
Assessment description
This assessment consists of preparing a report that consisting of
developing and implementing a strategic plan of a company. You may
consult with your trainer/assessor if any additional support and guidance is
required.
Procedure
You have been employed by Canterbury Renovations, which is a start-up
cabinet making business. Your role is to help develop and implement the
company strategic plans that support the direction and aspirations of the
business.
You are to obtain a copy of the business plan from your employer (who will
be role-played by your assessor), and read it carefully. Once understood,
you are to arrange a time to meet with your employer (your assessor) to
identify company goals and aspirations, and to clarify the business plan
where required.
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Assessment Task 1 BSBMGT616 Develop and implement strategic
plans
Specifications
You are to develop a detailed strategic plan for the company, ensuring
that you
● Confirm your business or organisations vision and mission;
● Include relevant organisational values
● Identify and consider strengths and weaknesses of existing and
potential competitors and allies
● Analyse organisation's strengths, weaknesses, opportunities and
threats through a detailed SWOT analysis
● Analyse both the internal and external environment including
political, economic, social and technological developments globally
● Document relevant research and background for inclusion in the
strategic plan
● Formulate strategic objectives and strategies needed for the future
● Detail each strategy with an assigned priority, a timeframe,
responsible parties and measurable performance indicators
● Provide for due diligence
You are to submit the following
● Detailed strategic plan
● Any supporting document required
Your assessor will be looking for your ability to:
● consult and communicate effectively with relevant stakeholders to:
confirm or revise the organisation’s mission, vision and values
validate findings of research and analysis
get input to and endorsement of strategic plans
brief relevant parties about the plan
● analyse organisation’s internal and external environment to
formulate strategic plans including:
background and research relevant to the plan
legislation, regulations and codes of practice, including for
intellectual property
objectives, strategies and priorities
roles and responsibilities
performance indicators
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Assessment Task 1 BSBMGT616 Develop and implement strategic
plans
timeframes
consideration of co-operative ventures
cost-benefit and risk analysis
● seek advice from appropriate experts wherever necessary
● monitor and evaluate the implementation of the plan and make
refinements as appropriate
● review effectiveness of planning processes and identify opportunities
for improvement.
Adjustment for distance-based learners
● No variation of the task is required.
● Documentation can be submitted electronically or posted in the mail.
Assessment task 1 – Student self-
assessment checklist
This checklist is similar to the one being used by your assessor during
this assessment. This checklist should be reviewed by you to evaluate
your readiness for assessment, and to confirm your understanding of
the criteria by which this assessment task will be judged.
Once you feel you have the required skills and knowledge to
demonstrate each of the following assessment criteria, you are ready to
be assessed. Please speak with your assessor if you feel you are not
ready to be assessed before the assessment has commenced.
You may refer to this checklist at any stage PRIOR to the
commencement of your assessment. You may not refer to this checklist
whilst you are being assessed.
Student Assessment Criteria
I feel I can
demonstrate
this
Communication:
Are you able to:
Communicate clearly with others
Ask for help when needed
Follow instructions
Give and receive feedback as appropriate
Answer questions and clarify concerns that arise
Explain rational on decisions effectively
rYes rNo
Safety:
Are you able to:
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Assessment Task 1 BSBMGT616 Develop and implement strategic
plans
Student Assessment Criteria
I feel I can
demonstrate
this
Work safely at all times rYes rNo
Ensure your actions do not put the safety of yourself
or others at risk rYes rNo
Task requirements:
Are you able to:
Identify the elements to be contained within the
plan, ensuring you consider the following questions:
What is our vision?
What do we do best?
What is our business?
What needs can we satisfy for customers that
competitors cannot provide?
What kind of image do we want?
What do we want to be known for?
What kinds of customers do we want to have?
How big do we want to be?
How many products do we want to have?
What personal needs do we want to satisfy?
What is our philosophy, ethical and social
responsibilities, and values?
What value do we want to have to our customers,
suppliers and distributors?
Where do we want to be in five years?
rYes rNo
Include a vision that describes direction and growth
plans rYes rNo
Identify and consider strengths and weaknesses of
existing and potential competitors rYes rNo
Thoroughly analyse organisation's strengths,
weaknesses, opportunities and threats through a
detailed SWOT analysis
rYes rNo
Analyse both the internal and external environment
including political, economic, social and
technological developments globally
rYes rNo
Document relevant research and background for
inclusion in the strategic plan rYes rNo
Include a mission statement that describes the
important business capabilities (based on customer
needs / identified in market research
rYes rNo
Include Critical Success Factors (key factors to
address if a business is to achieve the vision and
mission statement)
rYes rNo
Review the Critical Success Factors for practicality
and achievability rYes rNo
Include strategies and actions required (how the
work will be done, and by whom) including:
Assigned priority
Time-frame
Responsible parties
rYes rNo
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