Unit of competency Outline
Date retreived
22/07/2026 3:22 PM AWST
22/07/2026 3:22 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Develop business plans in an organisation implementing competitive systems and practices
Develop business plans in an organisation implementing competitive systems and practices
Unit of competency
National Code
MSS405004
MSS405004
State Code
BAK03
BAK03
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
08/08/2016
Field of Education
080301 - Business Management
Original Release Date
08/08/2016
Nominal Hours
60
Description
This unit of competency covers the skills and knowledge required to develop business plans in an organisation implementing competitive systems and practices. This unit applies to an individual in an organisation implementing competitive systems and practices (e.g. a production/plant manager, purchasing/technical officer or similar) who is required to develop a section business plan to meet the requirements of the overall strategic plan of the organisation. The plan includes the impact on the value stream and other critical competitive systems and practices factors. Due to competitive pressures this may be a reasonably frequent activity and can occur at any time over the business cycle. The plan may be in response to a specific change, or it may be a plan for the next period.This unit assumes that up-to-date information about the organisation’s role in the value stream is available. This unit primarily requires the application of skills associated with gathering, analysing and applying information and consulting with stakeholders. Problem solving, initiative and enterprise, and planning and organising are required to develop an effective and measurable business plan. This unit also requires aspects of self-management and learning to ensure feedback and new learning is integrated into competitive systems and practices strategies.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Determine purpose of plan
- 1.1 Confirm reason for developing plan and expected outcomes from plan.
- 1.2 Confirm purpose of plan with all relevant stakeholders.
- 1.3 Check expected outcomes from plan with overall strategic plan for organisation.
- 1.4 Identify any potential areas for conflict between proposed plan and strategic directions.
- 1.5 Negotiate with relevant stakeholders to resolve issues.
2 Develop objectives and strategies
- 2.1 Draft objectives for business plan.
- 2.2 Draft strategies to achieve these objectives.
- 2.3 Determine implications for value stream.
- 2.4 Determine capital or workplace layout/organisation implications for objectives and strategies.
3 Develop plans to meet objectives and strategies
- 3.1 Negotiate with relevant stakeholders over implications for objectives and strategies.
- 3.2 Liaise with relevant stakeholders to develop plans to meet objectives.
- 3.3 Determine relevant key performance indicators (KPIs) for plan.
- 3.4 Check KPIs are appropriate for purpose of plan.
- 3.5 Check plan will deliver planned purpose.
- 3.6 Map plan to changed value stream.
- 3.7 Adjust plan to optimise value stream.
- 3.8 Validate plan with relevant stakeholders.
4 Monitor the implementation of the plan
- 4.1 Release plan for implementation.
- 4.2 Check the key progress points against the key stages of the plan.
- 4.3 Note any discrepancies.
- 4.4 Take action to ensure correct implementation of plan.
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| WD548 | MSS405004A | Develop business plans in an organisation implementing competitive systems and practices | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| OER61 | MSS405017 | Develop business plans in an organisation implementing competitive systems and practices | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BCV3 | MSS40316 | Certificate IV in Competitive Systems and Practices | Qualification |
| BCU2 | MSS60316 | Advanced Diploma of Competitive Systems and Practices | Qualification |
| BCT9 | MSS50316 | Diploma of Competitive Systems and Practices | Qualification |
| BFU9 | DEF50120 | Diploma of Explosive Ordnance Manufacture | Qualification |
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| BCV6 | MSS50116 | Diploma of Sustainable Operations | Qualification |
| BEA3 | MSS50118 | Diploma of Sustainable Operations | Qualification |
| BAL6 | FWP50316 | Diploma of Timber Truss and Frame Design | Qualification |
| BAM6 | FWP50216 | Diploma of Timber Truss and Frame Manufacture | Qualification |