Course Title: Contribute to strategic direction
Part B: Course Detail
Teaching Period: Term1 2010
Course Code: BUSM5504C
Course Title: Contribute to strategic direction
School: 650T TAFE Business
Campus: City Campus
Program: C5130 - Diploma of Business
Course Contact : Dr John Gionea
Course Contact Phone: 613-9925 5490 mobile 0405 187
Course Contact Email:john.gionea@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Arie Herrnstadt, Course Coordinator
+61 3 9925 5897
arie.herrnstadt@rmit.edu.au
David de Garis
+61 3 9925 5464
david.degaris@rmit.edu.au
Nominal Hours: 70
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.
Pre-requisites and Co-requisites
NONE
Course Description
This course covers the establishment of the strategic direction of the organization to both sustain competitive advantage and enhance global competitiveness. It aims to provide students with an understanding of the macroeconomic environment and enable them to identify and explain movements in aggregate economic variables and their effects upon economic activity and business planning. This includes an examination of government monetary, fiscal and external policy.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBMGT601A Contribute to strategic direction |
Element: |
BSBMGT601A/01 Contribute to the creation and/or review of the organisational mission statement |
Performance Criteria: |
• Effective relationships are developed with stakeholders through consultation |
Element: |
BSBMGT601A/02 Analyse the external environment |
Performance Criteria: |
• Information requirements are determined and research undertaken or commissioned to deliver relevant information |
Element: |
BSBMGT601A/03 Undertake competitive analysis |
Performance Criteria: |
• Existing and potential competitors and allies are identified |
Element: |
BSBMGT601A/04 Analyse and review organisation's capabilities |
Performance Criteria: |
• Opportunities are provided for input to the analysis from people throughout the organisation |
Learning Outcomes
As per the performance elements above.
Details of Learning Activities
Week 8 Progress assessment on major assignment; key environmental factors and competitive analysis CA 20%
Week 15 Research project undertaken in groups that will require students to undertake strategic analysis that contributes to the direction of an organisation. Groups will be required to analyse economic and non-economic factors, undertake competitive analysis on behalf of the organisation and to make recommendations. CA 30%
Week 17 Questions and/or case study-based test on all course elements. 50%
Teaching Schedule
Week No. | Topics / Learning Activities | Assessment Tasks / Elements |
1 – 8th Feb | Basic concepts and introduction | Element 2 |
2 – 15th Feb | Basic concepts and introduction | Element 2 |
3 – 22nd Feb | Analyse external environment; economic factors | Element 2 |
4 – 1st March | Analyse external environment; economic factors, non-economic factors | Element 2, 3 |
5 – 8th March | Assignment (30 %) given to students. Assignment submission due Week 14. | Element 1-4 |
15th March | Analyse external environment; economic factors | Element 2, 3 |
7 – 22nd March | Revision | |
8 – 29th March | Assessment 1 | Elements 2, 3 |
9 – 12th April | Undertake competitive analysis, macroeconomic management | Elements 2, 3 |
10 – 19th April | Undertake competitive analysis, macroeconomic management | Elements 2, 3 |
11 – 26th April | Undertake competitive analysis, government economic policy | Elements 2, 3 |
12 – 3rd May | Undertake competitive analysis, government economic policy | Elements 2, 3 |
13 – 10th May | Undertake competitive analysis, government policy that impact on strategic direction of an organisation | Elements 2, 3 |
14 – 17th May | Undertake competitive analysis, government policy that impact on strategic direction of an organisation Assignment (30%) due |
Element 1, 2, 3 and 4 |
15 – 24th May | Assessment 2 | Assessment 2 Elements 1,2,3 and 4 |
16 – 31st May | Revision | |
17 – 7th June | Final Class Test | Assessment 3 – 50% |
Learning Resources
Prescribed Texts
Nil |
References
Other Resources
Nil
Overview of Assessment
Assessment will incorporate a variety of methods including class tests and a group assignment.
Class tests will be closed book consisting of multiple-choice questions, short answer questions and case studies. The assignment will include a combination of basic research questions and questions that analyse, evaluate and reinforce and assess the performance criteria of the course.
You will receive ongoing feedback on your progress in the course. Feedback on assessment will be given in a timely manner. You will be informed about how to improve your performance in the competency/course and what you need to do to be deemed competent or to gain a pass in the assessment.
Assessment Tasks
Assessment 1: Progress report on major assignment; key environmental factors and competitive analysis
Group assignment – Week 15 Research project undertaken in groups that will require students to undertake strategic analysis that contributes to the direction of an organisation. Groups will be required to analyse economic and non-economic factors, undertake competitive analysis on behalf of the organisation and to make recommendations.
Final Test – Week 17 Questions and/or case study-based test on all course elements
Assessment Matrix
BSBMGT601A – Contribute to strategic direction | Assessment 1 - Week 8 CA 20% |
Group assignment – Week 15 CA 30% |
Final test – Week 17 50% |
Element 1: Contribute to the creation and/or review of the organisational mission statement | Yes | ||
Element 2: Analyse the external environment |
Yes | Yes | |
Element 3: Undertake competitive analysis | Yes | Yes | |
Element 4: Analyse and review organisation’s capabilities | Yes |
Other Information
Nil
Course Overview: Access Course Overview