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BSBMGT616 Develop and implement strategic Plans

Develop and implement a strategic plan for a start-up cabinet making business.

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Develop and Implement Strategic Plans (BSBMGT616)

   

Added on  2021-11-18

BSBMGT616 Develop and implement strategic Plans

Develop and implement a strategic plan for a start-up cabinet making business.

   

Develop and Implement Strategic Plans (BSBMGT616)

   Added on 2021-11-18

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Assessment Task 2 BSBMGT616 Develop and implement strategic
plans
Report: Implement 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 task is continuation of task 1. In this task you are to
prepare for and implement your strategic plan in part.
Choice Business College
RTO 41297 | CRICOS 03444C Page 1 of 8
Jan 2017 version: 2.0
BSBMGT616 Develop and   implement strategic Plans_1
Assessment Task 2 BSBMGT616 Develop and implement strategic
plans
Procedure
Your implementation will encompass running a meeting for your team in
which you:
Explain and discuss the strategic plan in detail
Provide overview strategies for least 2 different goal, objectives and
strategies outlined within the plan
Instruct / mentor each person to whom you have allocated a
responsibility to, to ensure they understand and are empowered to
perform their allocated task
Outline the performance indicators that are incorporated within your
strategic plan, including how they will be implemented and monitored
Specifications
It is important that you are prepared for this session, ensuring you:
prepare for the session to ensure everything is covered
develop and provide relevant documentation / supporting materials
to your team
Your assessor will observe you running the meeting.
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
timeframes
consideration of co-operative ventures
Choice Business College
RTO 41297 | CRICOS 03444C Page 2 of 8
Jan 2017 version: 2.0
BSBMGT616 Develop and   implement strategic Plans_2
Assessment Task 2 BSBMGT616 Develop and implement strategic
plans
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.
Meeting context
Each meeting will consist of yourself (running the meeting), and at least 2
other people, who will role-play the employees. Other people may include
trainers or students from your course
Things to consider whilst performing this task:
Be organised - prepare and plan for the session thoroughly.
Know your position
Know your company
Arrange access to all required documentation for this process
Be prepared to ask questions
Be prepared to be asked questions
Things to consider whilst role-playing an employee:
Be prepared
Act professionally throughout the process
Be prepared to ask questions when you require more information
Answer all questions to the best of your ability
Make sure that by the end of the session, you are fully aware of the
strategy you have been allocated, along with the actions you would
need to perform to achieve this.
Remember, you will be required to both run the meeting, and role-play an
employee (during another students’ assessment), so be sure to perform at
your best at all times.
You are to submit the following
Your meeting plan
Copies of documentation provided to employees
Choice Business College
RTO 41297 | CRICOS 03444C Page 3 of 8
Jan 2017 version: 2.0
BSBMGT616 Develop and   implement strategic Plans_3

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