Unit of competency Outline

Date retreived
22/07/2026 6:52 PM AWST

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Develop and review a strategic plan

Develop and review a strategic plan

Unit of competency
National Code
AHCBUS603A
State Code
D6749
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
10/06/2011
State Implementation and Classification
Approved Date
13/12/2011
Field of Education
080301 - Business Management
Original Release Date
13/12/2011
Nominal Hours
50
Description
This unit covers the process of developing and reviewing a strategic plan and defines the standard required to: determine the scope and desired business outcomes of the strategic plan; analyse the competitive environment; document performance measures to address all key aspects of enterprise performance; evaluate opportunities and the viability and feasibility of the production, business and marketing plans; document, monitor and review the strategic plan.
Notes
Elements and Performance Criteria
1. Clarify goals and direction
  • 1.1. Focus, direction and structure of the enterprise are considered and accounted for in the development and review of the strategic plan.
  • 1.2. Need for development and change is assessed and identified.
  • 1.3. Competitive and collaborative factors are identified.
  • 1.4. Legal obligations and estate considerations are identified and considered.
  • 1.5. Measurable goals and targets, which are enterprise consistent, are considered and developed.
2. Undertake strategic analysis
  • 2.1. Accurate data is accessed using reliable sources for use in review and development.
  • 2.2. Value chain analysis is completed for the enterprise and competitive implications are identified.
  • 2.3. Competitive and collaborative opportunities are analysed and assessed.
  • 2.4. Expansion opportunities are assessed for viability and feasibility.
  • 2.5. Comprehensive analysis of all relevant data and information is undertaken to formulate a viable and realistic strategic plan.
3. Develop and document strategic plan
  • 3.1. Performance measures are clear and address all key aspects of enterprise performance.
  • 3.2. The implications of the strategic plan for the enterprise are identified, documented and incorporated.
  • 3.3. Value adding activities and opportunities are systematically introduced.
  • 3.4. Strategic plan initiatives and desired outcomes are clearly communicated to all relevant parties.
  • 3.5. Strategic performance is evaluated for gaps and strengths, and appropriate remedial action implemented.
RANGE STATEMENT
The range statement relates to the unit of competency as a whole.
Relevant businesses may include:
small, medium and large enterprises.
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit
The evidence required to demonstrate competency in this unit must be relevant to workplace operations and satisfy holistically all of the requirements of the performance criteria and required skills and knowledge and include achievement of the following:
determine the scope and desired business outcomes of the strategic plan
analyse the competitive environment
document performance measures to address all key aspects of enterprise performance
evaluate opportunities and the viability and feasibility of the production, business and marketing plans
document, monitor and review the strategic plan.
Context of and specific resources for assessment
Competency requires the application of work practices under work conditions. Selection and use of resources for some worksites may differ due to the regional or enterprise circumstances.
Replaces
State Code National Code Title Type
S3480 RTE6903A Develop and review a strategic plan Unit of competency
Replaced By
State Code National Code Title Type
BAO23 AHCBUS603 Develop and review a strategic plan Unit of competency