BSB61015 Advanced Diploma of Leadership and Management Assessment

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BSB61015
Advanced Diploma of
Leadership and Management
Assessment Guide
BSBMGT616
Develop and implement strategic plans

Introduction
This Assessment Booklet provides you with information and your assessment tasks for this
unit. A requirement of your qualification, from which the unit of competence is taken, is the
application of the concepts you have been learning.
The assessment activities are an important part of your course as they provide an opportunity
to apply what you have been learning and they give both you and your trainer feedback on
your progress.
Please read this section carefully before commencing the assessment tasks.
RECOGNITION OF PRIOR LEARNING
If you can demonstrate that you have the skills and knowledge within this unit, you should
speak to a trainer/assessor about this and apply for recognition of prior learning.
COMPLETING YOUR ASSESSMENTS
Prior to Assessment
You must be advised of your rights before and after the assessments including the right to
appeal.
Assessors must provide you with all relevant information relating to the assessments prior to
commencement and of the appeals procedure that can be utilised if you wish to appeal against
the assessment outcome or make a complaint.
Submitting Assessments
Each part of this assessment booklet needs to be carefully completed and you are required to
attain a ‘satisfactory’ mark for each of the assessment activities. Full details of what is required
have been detailed in instructions before each assessment task.
You must submit assessment tasks with the cover sheet provided at the end of this Booklet.
You must attach one cover sheet per assessment upon submission, ticking the relevant
assessment box. Ensure you sign the form after completion.
Assessments should be submitted on or before their due date. Extensions for individual
assessment tasks may be negotiated in specific circumstances. Consultation on this must
occur prior to the due date and extensions due to illness will require a medical certificate.
Extensions will be confirmed to you in writing.
Plagiarism and Referencing
You are reminded that plagiarism will not be tolerated. Information, ideas etc. quoted or
paraphrased from another source, must be acknowledged with “quotation marks” around the
relevant words/sentences or ideas and cited at the end of the document. Sources of
information, ideas etc. must be provided in alphabetical order by author’s surname (including
author’s full name, name of document/ book/internet etc. and year and place of publishing) or
may be included in brackets in the text.
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ASSESSMENT OUTCOMES
The evidence you submit will be assessed and you will be given written feedback. Each
assessment task will be marked as either Satisfactory or Unsatisfactory and once all
assessments have been marked you will be given an outcome of Competent or Not Competent
for the unit of competence. Upon demonstrating competence, you will be awarded this unit. If
you are assessed as Not Competent, you will be given some suggestions for improvement and
asked to redo your assessment.
Re-assessment
In the event you are deemed Unsatisfactory, you will be allowed two (2) further attempts at an
assessment within the timeframe of this course.
As part of the assessment process, you must abide by any relevant assessment policies as
provided to you. If you feel you are not yet ready to be assessed or this assessment is unfair,
you should be offered the opportunity to discuss all options that are available to you to
complete the assessment.
Reasonable Adjustment
RTOs and Trainers/Assessors are obliged by law to make reasonable adjustment to ensure
maximum participation of students with disability in teaching, learning and assessment
activities. This includes:
• ensuring that course activities are sufficiently flexible;
• providing additional support where necessary; and
• offering a reasonable substitute within the context of the course where a student cannot
participate.
Reasonable adjustment is defined in section 4(1) of the Employment and the Disability
Discrimination Act as ‘an adjustment to be made by a person is a reasonable adjustment
unless making the adjustment would impose an unjustifiable hardship on the person’.
Reasonable adjustment as it applies to participation in learning and assessment activities may
include:
• customising resources or activities within a training package or accredited course;
• modifying a presentation medium;
• providing additional support;
• providing assistive or adaptive technologies;
• making additional information accessible both before enrolment and during the course;
and
• monitoring these adjustments to ensure that the student’s needs continue to be met.
An individual’s access to the assessment process should not be adversely affected by
restrictions placed on the location or context of assessment beyond the requirements specified
in the training package. Reasonable adjustments can be made to ensure equity in assessment
for people with disabilities. Adjustments include any changes to the assessment process or
context that meet the individual needs of the person with a disability, but do not change
competency outcomes.
The assessment process must:
 Provide for valid, reliable, flexible and fair assessment
 Provide for judgement to be made on the basis of sufficient evidence
 Offer valid, authentic and current evidence.
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COMPETENCY ASSESSMENT
Within this qualification are units of competency that form the basis of your assessments.
These can be located in your Unit Outline Booklet.
ASSESSMENTS FOR THIS UNIT
There are three (3) forms of assessment or evidence gathering methods for this unit of
competency. You are required to complete and submit all the assessments.
Assessment 1. Activities
This assessment consists of ten (10) activities to assess your knowledge of this unit. You must
answer all questions. Most questions require short answers although some questions require a
more detailed response. You should provide typed responses. You may use various sources of
information including: text books, learning workbooks, other documents and the internet and
must list your sources.
Assessment 2. Skills & Knowledge Activity
This assessment provides the student with an opportunity to demonstrate their knowledge of
the foundation skills, knowledge evidence and performance evidence of this unit. The student
will be required to respond to seven (7) questions/tasks relating to strategic planning.
Students must record their answers in a separate A4 document and submit by attaching to
their cover page.
Assessment 3. Major Activity
This assessment is a major activity which consists of eleven (11) short answer questions to
assess the student’s knowledge of this unit.
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Assessment 1: Activities
This assessment consists of ten (10) activities to assess the student’s knowledge of this unit.
Instructions for Students
Students must answer all questions. Most questions require short answers although some
questions require a more detailed response. Students may use various sources of information
including: text books, learning workbooks, other documents and the internet and they must list
their sources.
Activity
1A Ensure you have completed Table A.
Table A
What does your
organisation do?
It is a limited liability organization (Speed motors
corporation)
How do you achieve it? Corporations are highly regulated by state
statutes and are rather inflexible in the manner
they can be organized and managed. With
shareholders we can manage these types of
entities.
Who are your
customers/clients?
Local and international customers who are
interested in investment as well as buy and
selling automobile parts.
What is the measurement of
your organisations
success?
It can be measure through employee
satisfaction, brand image, recognition local and
international as well also number of investors in
the organization.
Then complete the following:
Workplace example What changes could be
made?
What process could be
adopted?
Mission statement Attain satisfying ownership Attain ownership in
leading automobile
countries.
Vision statement categorizing company’s
goals
Attract potential
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Core Values Focus company efforts and
facilitate the creation of core
competencies by directing the
company to only focus on
strategic opportunities that
advance the company's vision
2A Look at a selection of these examples from your own workplace, research or
commissioned functions, and provide examples of what was undertaken and
needed to identify sufficient information.
Demographics Income, age variables, geographic region they all lied in a
demographic region that can affect business or give success
as well
Economics Economic factor is non negligible at any extent. However, all
is not well in the automotive world. Worldwide, average
margins have fallen from 20% in the 1920s to 5% now, with
many companies losing money. This poor profitability
performance is reflected in the industry's market
capitalization: despite its huge revenues and employment,
the automotive industry accounts for only 1.6% of the stock
market in Europe, and 0.6% in the U.S.
Internal research Companies can foster this communication outside the
established hierarchies and across all divisions and
departments by setting up cross-functional teams, for
example. This means that employees from different
departments work together on certain projects. Regularly
rotating managers through various departments and
locations would also contribute to efficient networking in the
company. In this way, automotive companies can develop a
corporate culture shared by all employees
Market
segmentation
There are a variety of ways of segmenting the market for cars.
Remember that market segmentation should be focused on consumer
groups and their needs, not on the class of car. In this market
segmentation example, seven different market segments have been
identified, as follows:
• Just getting around
• Family needs
• I’ve made it
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• Environmentally aware
• Second family car
• Quality matters
• Off roaders
Political The government rules and regulations heavily affect the
revenues of the vehicle brands. Technology that is fuel
efficient and low on emission can easily pass government
rules.
Product The research investigates strategies that help automakers to
enhance their production performance and reduce their
productivity gap. HPV regression equations can be used
effectively to help car makers to set guidelines to improve
their productivity with respect to internal and external
constraints, strength, weakness, opportunities, and threats.
Social GHz emissions arise during material production, vehicle
manufacture, vehicle use and material processing at the end
of a vehicle's life. The amount of GHz emissions released at
each stage is dependent on the material type and whether it
is from primary or recycled sources. At present the ideal
material mix is unclear.
Technological These and other developments in travel tech will have far-
reaching implications for automotive businesses. But the
future of driving does not simply lie in customers buying
autonomous and electric vehicles rather than traditional
cars. Instead, the way we look at car ownership itself is
starting to undergo a fundamental shift.
2B What workplace examples can you provide to describe the importance of
exploring issues with a global context, rather than domestic?
Your workplace example
Technological innovations in particular are affecting the industry. More powerful
and enabling technologies in the value chain are enhancing the customer
experience, with capabilities far beyond the reach of science only a few years ago
are now realities in the marketplace
2C Using a workplace example, detail your comments on the following:
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What is your workplace experience in seeking information from an expert?
Advantages Disadvantages
• get special expertise
• use them as needed
• save on tax contributions
• save on benefits
• flexibility in the relationship
• You can terminate them easier
than terminating employees
• You may not have the same
continuity in the relationship as
you would have with an
employee
• You have to pay high fees to the
consultant
• You have limited control over the
consultant
• You run the risk of tax problems
if the consultant in fact operates
like an employee
2D At the discretion of the instructor, complete an example of a SWOT and/or PEST
analysis using the templates provided in the notes and examples from your
workplace, or others provided by the instructor.
SWOT PEST
- STRENGTHS: Evolving industry
- WEAKNESSES:Government regulations
- Opportunities: Fuel efficient vehicles,
Changing lifestyle & customer Groups
- THREATS: Rising competition.
In our case, such external analysis
reveals a variety of opportunities and
threats relevant in the automotive
industry environment. For example,
the company has opportunity to
expand its market presence and
operations in developing countries.
Speed Motors must remain keen in
exploiting opportunities for further
growth and expansion in the global
automobile market.
2E In groups, or as directed by the instructor, complete a checklist of the areas
suggested and, if relevant, make comments from a workplace experience on each.
Areas Your answers/comments
I understand what is a cooperative or
joint venture
Yes it is a commercial enterprise
undertaken jointly by two or more
parties which otherwise retain their
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distinct identities. Generally
characterized by Shared ownership.
I understand what is required with a
risk and cost-benefit analysis in the
context of a cooperative or joint
venture
Yes i know the requirements moreover, it can
help your business grow faster, increase
productivité and generate greater profits.
Benefits of joint ventures include: access to new
markets and distribution networks.
I understand the measurement of
consistencies with the organisational
vision, mission and values as they
would relate to considering a
cooperative or joint venture
I understand completely the vision and mission
statements of our industry.
I understand the details required for
due diligence and what that entails
Yes I understand specifically helpful to
evaluate Commercial potential
2F In groups, or as directed by the instructor, complete an exercise by checking the
results of an analysis and findings of both internal and external environments
 Use an example from your workplace
 If no example from your workplace is available, use an example provided
by the instructor
 Use the examples of what to address and the format in the templates
provided in the notes
Example used Financial Performance measured May be more
complex In a joint venture. In this scenario internal
and external environment must be a sphere of focus
in order to highlight all the issues.
Analysis process If you opt to assess a new potential partner, you
need to carry out some basic analytical checks:
• Are they financially secured?
• Do they have any credit problems?
• Do they already have joint venture
partnerships with other businesses?
• What kind of management team do they have
in place?
• How are they performing in terms of
production, marketing and personnel?
• What do their customers and suppliers say
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about their trustworthiness and reputation?
Before you consider signing up to a joint venture, it's
important to protect your own interests. This should
include drawing up legal documents to protect your
own trade secrets and finding out whether your
potential partner holds intellectual property rights
agreements. Also, it's worth checking to see whether
they have other agreements in place, either with
their employees or consultants.
3A In groups or as directed by the instructor, detail your experiences on developing a
strategic plan and list your comments, in respect to the notes and your personal
findings from a workplace example.
If you do not have a workplace example, detail your understandings of each of the
suggested processes, using an example provided by the instructor.
Areas you have
addressed
Your workplace
experience
Other examples
Documenting relevant
research and background
data
The owners of my
workplace wanted to
give international
recognition to their
company in order to
achieve this they need a
thorough strategic plan.
Formulating strategic
objectives and strategies
Typically, international
business strategy refers to the
plans and actions of private
companies rather than
governments; as such, the
goal is increased profit. Most
companies of any appreciable
size deal with at least one
international partner at some
point in their supply chain,
and in most well-established
fields competition is
international.
Detailing each strategy
with an assigned priority, a
timeframe and
responsibility
When the industry
engages in a strategic
planning process, there
are basically following
priorities they needs to
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ask itself:
1. Where are we
now?
2. Where do we want
to be?
3. How do we get
from where we are
to where we want
to be?
The timeframe can be
allocated once priority
has assigned and to
achieve the target in the
given timeframe
responsibilities has given
according to the
accountability of
employees.
Detailing measurable
performance indicators
Depending on your
industry and the specific
department you are
interested in tracking,
there are a number of
KPI types your business
will want to monitor.
Each department will
want to measure success
based on specific goals
and targets.
Once you’ve selected
your key business
metrics, you will want to
track them in a real-time
reporting tool. KPI
management can be
done using dashboard
reporting software,
giving your entire
organization insights into
your current
performance.
Circulating the strategic plan
for comment, support and
endorsement
It get endorsed by the
officials of industry and
supported by the
employees and board
members.
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4A  In groups, or as directed by the instructor, detail using a workplace
example the process used for implementing a strategic plan.
 In particular, the example used in the activity should show
communications, performance indicators and objectives at agreed
milestones.
Details of the example used
Assign accountability, breakdown the targets, Consider where your funds are
allocated, Get backing from the leadership team.
Details in particular detail implementing:
 Communications
 Performance indicators
 Objectives at agreed milestones
The workplace, Rip Curl situated in Australia which is an Australian designer
organization includes the consideration of the objective communications as it is
stated as the key to success in business context. Through effective communication
seeks the opportunity to influence the customers through seeking the customer
opinions and demand in fashion industry.
Implementing a strategic plan.
The needs of customers and organizations (large and small) are changing at the speed of
technology and increased diversity. More than ever, businesses need strategic thinkers. Strategic
planning is an important skill for a number of jobs. While some people hold the specific job title of
“strategic planner” (or “strategic planning associate” or “strategic planning manager”), there are
other jobs that require strategic planning skills even though “strategic” may not be in the
position’s title. Basically, management consultants, business developers, corporate developers,
strategic cost analysts, and operations analysts all need strong strategic planning skills. The
workplace, Rip Curl through the implication of communication in strategic plan would be able to
seek the information related to the continuous changing demand of the customers in the
competitive market. Rip Curl communicate through motivating the development of the strategic
planning skills among the employees which further contributes to effective communication of the
organization’s employees and their customers. Rip Curl includes the consideration of
communication in the strategic plan as this helps the workplace to improve its communication
with the customers and other employees. Moreover the Rip Curl through communication would
be able to sustain engagement, update the organization progress, generate board inputs and test
the assumption of the organization and their customer demands from the organization.
Strategic Planning Skills
Strategic planning is the process of setting a vision for a company and then
realizing that vision through small, achievable goals. The strategic planning helps
the workplace, Rip Curl to set goals, decide what actions need to be taken by
employees, and help employees to achieve those goals. Rip Curl considers the
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