Assessment Task 3 - Assessment Task 3 BSBMGT616 Develop and implement strategic plans Strategic planning Submission details Candidate\u2019s name

Assessment Task 3 - Assessment Task 3 BSBMGT616...

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Assessment Task 3 BSBMGT616 Develop and implement strategic plans Strategic planning Submission details Candidate’s name Phone no. Assessor’s name Phone no. Assessment site Assessment date/s Time/s The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective In this assessment, you are required to develop and document a strategic plan for the organisation based on the research you have conducted. You will also need to communicate the strategic plan to key stakeholders in the organisation. Assessment description Write a strategic plan, including consideration of resource implications, and then circulate to stakeholders. After endorsement from the Board, communicate the plan to employees and describe any implications for their role in the organisation. Procedure For the provided case study information, following on from your analysis of the organisation, and competitors and allies in Assessment Task 2, you need to: JHIT Page 1 of 7
Assessment Task 3 BSBMGT616 Develop and implement strategic plans 1. Formulate strategic objectives for the organisation (based on the Board minutes). 2. For each objective, develop and describe strategies that you think could be used to meet the objective in the future. 3. For the strategies described, you need to: a. develop a prioritised list of strategies b. describe a timeframe for each to be completed c. assign responsible parties to each strategy d. assign measurable performance indicators to individual strategies. When you have completed your draft strategic plan, you need to make an appointment to meet with the CEO of your organisation (your assessor) to discuss your plan. They will gain endorsement from the Board for the plan, and return it to you with any required amendments. After you have received the endorsed plan from the Board, you need to: 1. Develop briefing materials (dot-point descriptors) for the identified responsible parties, outlining the requirements of their role in achieving the relevant strategy.

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