Course Title: Develop and implement strategic plans

Part A: Course Overview

Program: C6144 Advanced Diploma of International Business

Course Title: Develop and implement strategic plans

Portfolio: BUS Portfolio Office

Nominal Hours: 80

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM6356C

City Campus

TAFE

650T Vocational Business Education

Distance / Correspondence or Face-to-Face or Workplace

Term1 2016,
Term1 2017,
Term2 2017

Course Contact: Tim Wallis

Course Contact Phone: +61 3 9925 5423

Course Contact Email: timothy.wallis@rmit.edu.au



Course Description

This unit describes the performance outcomes, skills and knowledge required to establish the strategic direction of the organisation, and to sustain competitive advantage and enhance competitiveness. It requires analysis and interpretation of relevant markets, capability assessment of the organisation, and its existing and potential competitors and allies. It also covers implementation of the strategic plan.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBMGT616A Develop and implement strategic plans

Elements:

1. Confirm organisational vision and mission

2. Analyse the internal and external environment

3. Write strategic plan

4. Implement strategic plan


Learning Outcomes

This course is structured to provide students with the optimum learning experience in order to demonstrate the skills and knowledge required to establish the strategic direction of the organisation, and to sustain competitive advantage and enhance competitiveness. It requires analysis and interpretation of relevant markets, capability assessment of the organisation, and its existing and potential competitors and allies. It also covers implementation of the strategic plan.


Overview of Assessment

Assessment Methods

Assessment methods have been designed to measure achievement of the requirements in a flexible manner over a range of assessment tasks, for example:

  • direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate
  • review of final printed documents
  • demonstration of techniques
  • observation of presentations
  • oral or written questioning to assess knowledge of software applications

You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.

Performance Evidence

Evidence of the following is essential:

  • thorough analysis of the organisation’s own capabilities, those of their existing potential competitors and allies, and the external environment
  • strategic plan which includes objectives, strategies, timeframes, performance indicators and methods for monitoring the implementation of the plan
  • knowledge of relevant legislation.
  • analytical skills to undertake value chain analysis, to review strengths and weaknesses, and to
  • collate and interpret statistical data including trend analysis
  • financial skills to consider resource implications of proposed strategies
  • research skills to ensure accurate, up-to-date information is available for the environmental analysis
  • risk management skills to plan and undertake appropriate due diligence.

Knowledge Evidence

You are required to also provide the following evidence of knowledge:

  • relevant legislation from all levels of government that affects business operation, especially in regard to occupational health and safety and environmental issues, equal opportunity, industrial relations and anti-discrimination
  • strategic planning methodologies including political, economic, social and technological (PEST) analysis and strengths, weaknesses, opportunities and threats analysis (SWOT)
  • competitor knowledge
  • codes and by-laws relevant to the organisation’s operations.

Feedback

Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.

You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.