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Assessment Task 3BSBMGT616 Develop and implement strategic plansStrategic planningSubmission detailsCandidate’s namePhone no.Assessor’s namePhone no.Assessment siteAssessment date/sTime/sThe 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 objectiveIn 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 theorganisation.Assessment descriptionWrite a strategic plan, including consideration of resource implications, andthen circulate to stakeholders. After endorsement from the Board, communicate the plan to employees and describe any implications for their role in the organisation.ProcedureFor the provided case study information, following on from your analysis ofthe organisation, and competitors and allies in Assessment Task 2, you need to:JHITPage 1 of 7
Assessment Task 3BSBMGT616 Develop and implement strategic plans1.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 strategiesb.describe a timeframe for each to be completed c.assign responsible parties to each strategyd.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.