Course Title: Develop and implement strategic plans
Part B: Course Detail
Teaching Period: Term2 2020
Course Code: BUSM6356C
Course Title: Develop and implement strategic plans
School: 650T Vocational Business Education
Campus: City Campus
Program: C6144 - Advanced Diploma of International Business
Course Contact: Suzanne Maugeri
Course Contact Phone: +61 3 9925 1466
Course Contact Email: suzanne.maugeri@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Wayne Beasy
Teacher
Email: wayne.beasy@rmit.edu.au
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.
Pre-requisites and Co-requisites
None
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.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBMGT616A Develop and implement strategic plans |
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Element: |
1. Confirm organisational vision and mission |
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Performance Criteria: |
1.1. Check with stakeholders that organisational vision and mission are still held to be current and are supported 1.2. Make any changes or refinements to vision or mission statement as required 1.3. Review or develop organisational values to support the vision and mission statement 1.4. Gain support for strategic planning process from all relevant stakeholders |
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Element: |
2. Analyse the internal and external environment |
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Performance Criteria: |
2.1. Determine information requirements and undertake or commission research to deliver relevant information 2.2. Analyse political, economic, social, and technological developments in a global context 2.3. Seek advice from appropriate experts wherever necessary 2.4. Identify and consider strengths and weaknesses of existing and potential competitors and allies 2.5. Analyse organisation's strengths, weaknesses, opportunities and threats 2.6. Consider co-operative ventures that are supported by risk and cost-benefit analyses, are consistent with the organisational vision, mission and values, and provide for due diligence 2.7. Check that analysis of internal and external environment is consistent with the perspectives of other informed people |
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Element: |
3. Write strategic plan |
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Performance Criteria: |
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Element: |
4. Implement strategic plan |
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Performance Criteria: |
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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.
Details of Learning Activities
A range of learning activities are planned for this course including self-paced and collaborative online classes (during COVID19 restrictions) and class based activities.
The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment.
We expect you to participate and contribute in all scheduled learning activities and online classes.
Teaching Schedule
The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete the course. This may include not only scheduled classes bit also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
The Teaching Schedule for this course is as follows but please note that it is subject to change.
Week |
Week Beginning |
Weekly Task |
Assessment Details & Timings |
1 |
6th July 2020 |
Teacher, Student intro rules, Explain Schedule, Assessment and Feedback, Deadlines and submissions and Results: competency and resubmission process |
Task 1 - explanation of quiz to be completed by week 5 |
2 |
13th July 2020 |
Introduction to Transport and Logistics - importance to society and derived value of each |
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Undertaking Industry and related Market Research | |||
Qualitative vs Quantitative Data and Facts | |||
Vision / Mission statements to set out Logistics & Transport goals to stakeholders. | |||
3 |
20th July 2020 |
Strategic Planning Identify transport and logistics needs of all stakeholders and their needs. |
Interim target complete Q 1-8 in quiz by week 4
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Value Chain & SWOT analysis | |||
PESTLE analysis structure | |||
4 |
27th July 2020 |
Transport and Logistics Systems - variety and types - benefits and outcomes of each Public & Private & standard time frames |
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Transport and Logistics Regulation, import export rules, customs, AQIS etc. Incoterms | |||
Operational Strategies & Stakeholder needs identification and customer satisfaction | |||
5 |
3rd Aug 2020 |
Due Diligence - Cooperative Ventures - 4th Party Logistics, Logistics Broker Role |
Assessment Task 1 T & L Strategies & Systems - Quiz |
Trend Analysis, Financial Planning and Forecasting | |||
6 |
10th Aug 2020 |
Transport and Logistics Strategies to meet the needs of customers and sustainable business |
Creation of Groups for Assessment 2 & 3 - explanation of Assessment 2 |
Conveying capability to Client - Identification of Key Needs | |||
7 |
17th Aug 2020 |
Implementation Plan for System - project planning, resources, constraints, costs, deadlines and critical paths |
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8 |
24th Aug 2020 |
Resourcing requirements for implementation of system and ongoing operation of system Cost Benefit Analysis & Return on Investment |
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KPIs and working with Customer to fulfil contractual obligations | |||
Mid Semester Break 31st Aug – 4th Sept |
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9 |
7th Sept 2020 |
Presentations In Class |
Task 2 due - Individual submissions of presentation slides |
Inventory Management Principles JIT | |||
Sortation: Automation and Manual Handling Systems | |||
Mapping and Spatial Analysis for Planning and Control | |||
10 |
14th Sept 2020 |
Work Tasks, SOP's - WorkFlow Charts - Hazardous Freight and MSDS |
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Service Principles and Contractual Terms | |||
11 |
21st Sept 2020 |
Critical Success Factors - Performance Measurement - Using KPIs - Contingency Planning |
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12 |
28th Sept 2020 |
Customer Service, reporting to ensure accountability and use of shared / synchronised resources and systems |
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13 |
5th Oct 2020 |
Establish critical success factors Deliverables and Milestones (PDCA ) - performance indicators to monitor progress when implementing a plan |
Overview of written submission - Discuss final submission and hand in process |
14 |
12th Oct 2020 |
Creating and using Project Planning tools - Gantt charts etc |
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Defining protocols - who needs what information and when - integration to standard Management Information Systems | |||
15 |
19th Oct 2020 |
Use of Implementation Plan Completion Template - Reviewing and Appraising Implementation and Quality Cycle |
Task 3 -Individual Submission of final work |
16 |
26th Oct 2020 |
Review and Resubmissions if necessary |
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17 |
2nd Nov 2020 |
Final Re-submissions (No classes 2nd and 3rd Nov) |
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Learning Resources
Prescribed Texts
References
Other Resources
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.
Assessment Tasks
This course is co-assessed with OMGT5035 Plan & Implement a Transport & Logistics System for an International Trade Organisation
Students are required to complete 3 tasks for these conjoined subjects. You must successfully complete all tasks to be deemed competent in this unit.
Assessment Task 1 - Quiz - essay type questions - Company and Industry strategic Research Exercise
Date and time due: Week 5
Purpose:
Your task in weeks 1 - 5 is to thoroughly research this company and industry so you can complete the full detailed quiz questions on the internal and external environment that the company is operating in. You will be asked to outline their current strategy, their market status and their Mission Statement. You will broaden out your knowledge of the industry by discussing with your peers in class who have been allocated a company operating in the same industry segment.
The purpose of this assessment is to provide every student the opportunity to background research - ensuring that they prioritise the key factors about the company in terms of their strategic direction
Assessment Task 2 - Quiz - essay type questions – Crucial Information Outline – Transport/Logistics System
Date and time due: Week 10
Purpose:
Your current freight provider is closing down and you have to find a replacement to begin in 3 months. Your company has been using the same local carrier since you began in business they were offered very cheap rates and standard services but they were reliable and your Senior Managers were good friends with the Owner of the freight company so this was never called into question.
You have been set up as a project team to define what your new freight strategy will look like – you need to initially prepare a report for your Senior Managers outlining your future freight strategy.
You complete the task by filling in the answers to the questions in a Quiz which is linked to this assessment
Assessment Task 3 – Business Case Report –Recommendation for FTMS
Date and time due: Week 15
Purpose:
This assessment enables the students, working in their ‘industry and company’ groups, to utilise all of their knowledge gained in the course to formulate a coherent report which recommends the purchase and implementation of a Transport System – in this case it is a Freight Transport Management System (FTMS).
Assessment Matrix
The competency assessment map that maps all the assessment tasks is available on CANVAS mapping.
Submission Requirements
You should:
- Ensure that you submit assessments on or before the due date.
- Always retain a copy of your assessment tasks. (hard copy and soft copy)
- When you submit work for assessment at RMIT University you need to use the Assessment task document that includes a declaration and statement of authorship.
- Each page of your assessment should include a footer with your name, student number, the title of the assessment, unit code and title and page numbers.
Late Submission Procedures
You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates.
If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days.
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work
Where an extension of greater than seven days is needed, you must apply for Special Consideration. You must submit your application within five working days after your assessment date or due date.
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration
Resubmissions (VE Programs):
If you are found to be unsuccessful (Not satisfactory/Unsatisfactory) in a Course Assessment Task you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission.
If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible.
Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website:
Final Results
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.
You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
The following grades are available for this course:
CA |
Competency Achieved |
NYC |
Not Yet Competent |
DNS |
Did Not Submit for Assessment |
Course Overview: Access Course Overview