Unit of competency Outline
Date retreived
22/07/2026 5:19 AM AWST
22/07/2026 5:19 AM 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 and implement strategic plans
Develop and implement strategic plans
Unit of competency
National Code
BSBMGT616
BSBMGT616
State Code
AUL97
AUL97
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
080301 - Business Management
Original Release Date
15/09/2015
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 implementation of the strategic plan and developing specific actions and initiatives that will be undertaken by people working in various roles.It 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 organisational vision and mission
- 1.1 Check with stakeholders that organisational vision and mission are still held to be current and are supported
- 1.2 Make any changes or refinements to vision or mission statement as required
- 1.3 Review or develop organisational values to support the vision and mission statement
- 1.4 Gain support for strategic planning process from all relevant stakeholders
2. Analyse the internal and external environment
- 2.1 Determine information requirements and undertake or commission research to deliver relevant information
- 2.2 Analyse political, economic, social, and technological developments in a global context
- 2.3 Seek advice from appropriate experts wherever necessary
- 2.4 Identify and consider strengths and weaknesses of existing and potential competitors and allies
- 2.5 Analyse organisation’s strengths, weaknesses, opportunities and threats
- 2.6 Consider cooperative ventures that are supported by risk and cost benefit analyses, are consistent with the organisational vision, mission and values and provide for due diligence
- 2.7 Check that analysis of internal and external environment is consistent with the perspectives of other informed people
3. Write strategic plan
- 3.1 Document relevant research and background for inclusion in the strategic plan
- 3.2 Formulate strategic objectives and strategies needed for the future
- 3.3 Detail each strategy with an assigned priority, a timeframe, responsible parties and measurable performance indicators
- 3.4 Circulate strategic plan for comment, support and endorsement
4. Implement strategic plan
- 4.1 Communicate strategic plan to all relevant parties
- 4.2 Brief people with a specific role in relation to strategies
- 4.3 Use performance indicators to monitor progress in implementing plan
- 4.4 Make necessary refinements to plan
- 4.5 Evaluate achievement of objectives at agreed milestones
- 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 |
|---|---|---|---|
| D0852 | BSBMGT616A | Develop and implement strategic plans | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| OCE20 | BSBSTR602 | Develop organisational strategies | Unit of competency |