Assignment Question
BSBMGT616 Develop and implement strategic plans
Session 1
Assessment Resource – PPT – BSBMGT616 – Develop and implement strategic plans
Purpose of this presentation
At the end of this session, you should be able to:
- demonstrate an understanding of the strategic planning process
- refine the vision and mission
- review organisational values gain stakeholder support.
Understand the strategic planning process
Six aspects of
- There are many strategic strategy planning models.
- Aims to achieve strategic alignment across an organisation.
Refine the vision and mission
- Refine and make changes (where needed) to your current vision.
- Strategy should be consistent with the requirements of current and future environments.
Elements of organisational strategic framework
Review organisational values
- Identify your organisation’s values.
- Changing values means changing culture.
- Culture, or ‘how things are done around here’, must be aligned with the strategy.
- New values and culture must be implemented and reaffirmed to everyone.
Gain stakeholder support
- Identify who your stakeholders are.
- Analyse stakeholders’ involvement in the organisation and the effect any changes will have on their role.
- Involve key stakeholders in the planning process and keep them informed.
The next step
You should now be able to:
- demonstrate an understanding of the strategic planning process
- refine the vision and mission
- review organisational values gain stakeholder support.
BSBMGT616 Develop and implement strategic plans
Session 2
Purpose of this presentation
At the end of this session, you should be able to:
- conduct research
- analyse the external environment
- analyse the internal environment
- assess co-operative ventures draft priority issues.
Conduct research
- collect data
- essential qualities of information
- primary data collection techniques
- secondary data collection techniques
- trends analysis
Analyse external environment
- macro environment factors
- micro environment factors
- PEST
- Five Forces Analysis.
Analyse internal environment
- SWOT analysis
- value chain analysis.
Assess cooperative ventures
risk
cost-benefit
due diligence.
Draft priority issues
identify gaps
priority matrix.
The next step
You should now be able to:
- conduct research
- analyse the external environment
- analyse the internal environment
- assess co-operative ventures draft priority issues.
BSBMGT616 Develop and implement strategic plans
Session 3
Purpose of this presentation
At the end of this session, you should be able to:
- document research
- determine the format of the strategic plan
- outline strategic requirements
- gain support for the strategic plan.
Document the research
- format the research
- write the research report
- organisational requirements.
Determine the format
- Strategic plan template.
Outline strategic requirements
- components of strategic initiatives
- strategic improvements writing strategies.
Gain support for the plan
Two key elements:
- management support
- employee involvement.
The next step
You should now be able to:
- document research
- determine the format of the strategic plan
- outline strategic requirements gain support for the plan.
BSBMGT616 Develop and implement strategic plans
Session 4
Purpose of this presentation
At the end of this session, you should be able to:
- communicate the strategic plan
- monitor and evaluate progress of the plan review and revise the plan.
Communicate the strategic plan
- obstacles to effective communication
- briefing employees communication methods
- distribution of the plan.
Monitor and evaluate progress
- establish key performance indicators
- responsibility
- monitoring tools.
|
• make or break component |
• measurable and quantifiable |
• provides information usable for future performance |
Review and revise the plan
comparing performance benchmarking.
The next step
You should now be able to:
communicate the strategic plan monitor and evaluate progress of the plan review and revise the plan.
