Unit of competency Outline

Date retreived
23/07/2026 4:58 AM AWST

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Develop organisational strategies

Develop organisational strategies

Unit of competency
National Code
BSBSTR602
State Code
OCE20
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
19/10/2020
View on TGA
State Implementation and Classification
Approved Date
16/03/2021
Field of Education
080301 - Business Management
Original Release Date
16/03/2021
Nominal Hours
60
Description
This unit describes the skills and knowledge required to establish the strategic direction of the organisation, sustain competitive advantage and enhance competitiveness. It covers analysis and interpretation of relevant markets, capability assessment of the organisation and analysis of the organisation’s existing and potential competitors and allies. It also covers implementing the strategic plan and developing specific actions and initiatives that will be undertaken by people working in various roles.The unit applies to individuals working in senior roles in the organisation who have responsibility for ensuring that the organisation is positioned to ensure its long-term viability and success.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Confirm vision and mission of the organisation
  • 1.1 Identify organisation’s strategic direction, vision and mission
  • 1.2 Consult with relevant stakeholders on required changes to vision and mission
  • 1.3 Review and develop or revise organisational values to support the vision and mission statement
  • 1.4 Seek support for strategic planning process from all relevant stakeholders
2. Analyse internal and external environment
  • 2.1 Analyse and undertake research to understand external environment
  • 2.2 Undertake political, economic, social, and technological (PEST) analysis
  • 2.3 Undertake capability assessment of competitor organisations
  • 2.4 Analyse organisation’s strengths, weaknesses, opportunities and threats (SWOT)
  • 2.5 Establish cooperative ventures, that are supported by risk and cost benefit analyses, according to organisational vision, mission and values and provide for due diligence, where required
  • 2.6 Seek and respond to feedback from relevant stakeholders on analysis internal and external environments
3. Develop strategic organisational plan
  • 3.1 Document relevant research and background for inclusion in the strategic plan
  • 3.2 Develop objectives and strategies relevant for the future
  • 3.3 Detail each strategy with a priority, a timeframe, responsible stakeholders and measurable performance indicators
  • 3.4 Identify risks and develop a risk management plan
  • 3.5 Circulate strategic plan and risk management plan for feedback and endorsement
4. Implement strategic organisational plan
  • 4.1 Communicate strategic plan to all relevant stakeholders
  • 4.2 Develop actions and initiatives for team members to undertake
  • 4.3 Assign team members’ roles in relation to strategic objectives
  • 4.4 Use performance indicators to monitor progress in implementing plan and make refinements to plan
  • 4.5 Evaluate achievement of objectives at agreed milestones with relevant stakeholders
  • 4.6 Review effectiveness of plan and consider methods for improving strategic planning processes
No information
No information
Replaces
State Code National Code Title Type
AUL97 BSBMGT616 Develop and implement strategic plans Unit of competency