Reference no: EM133964318

Develop organisational strategies

Knowledge Test

Question 1: Why should you confirm with stakeholders that the organisational vision and mission are up-to-date and are helpful to the strategic plan? Answer in 150-200 words.

Question 2: Why does an organisation need to make changes or refinements to their mission statement? Answer in 150-200 words.

Question 3: Identify and explain the six (6) steps in developing organisational values, which would support the vision and mission statement of an organisation. Answer in 450-500 words.

Question 4: How can a stakeholder play a significant role in providing support for the strategic planning process? Explain in 150-200 words.

Question 5: Answer the following questions:
a. What is a PEST Analysis? Write your answer in 50-100 words
b. How can a PEST analysis assist businesses to monitor their internal and external environment to determine impacts on organisational objectives? Write your answer in 150-200 words.
c. What are the benefits of an organisation analysing PEST in a global context? Write your answer in 50-100 words

Question 6: Answer the following questions:
a. What is a SWOT analysis? Write your answer in 200-250 words.
b. What are steps to conduct SWOT analysis for an organisation? Explain all the steps in 250-300 words.

Question 7: How can you determine information requirements and undertake research to be able to deliver the relevant information? Write your answer in 250-300 words.

Question 8: Identify five (5) appropriate experts from whom you may seek advice regarding your strategic plan and explain their role. Write your answer in 250-300 words.

Question 9: How can you identify and evaluate the strengths and weaknesses of present and potential competitors? Answer in 150-200 words.

Question 10: Why should you ensure that your analysis of the internal and external environments is consistent with the perspectives of other informed people? Write your answer in 150-200 words.

Question 11: What are the major components of a strategic plan, in which you will need to
include documented and relevant research? Write your answer in 300-350 words.
Question 12: Describe any six (6) steps to formulate strategic objectives and strategies needed which are beneficial for the future of an organisation. Answer in 400-450 words.

Question 13: What is the importance of circulating the strategic plan for comment, support and endorsement to all relevant stakeholders? Answer in 150-200 words.

Question 14: Discuss options and considerations for communication and how you can communicate a strategic plan. Write your answer in 150-200 words.

Question 15: Answer the following questions:
a. Why is it necessary to consult with and brief people in a range of roles in relation to strategies? Write your answer in 150-200 words
b. How can you structure this process to ensure the briefing process works? Write your answer in 150-200 words

Question 16: What is the importance of having performance indicators to monitor progress in implementing a plan? Answer in 150-200 words.

Question 17: Identify and describe any ten (10) methods used to make necessary refinements to a strategic plan. Answer in 300-350 words.

Question 18: Identify and describe a way you can evaluate achievement of objectives at
agreed milestones. Answer in 200-250 words.

Question 19: Strategic planning is a dynamic process of continuously looking at your current situation and plotting your next move. This requires a solid understanding of the organisation as well as an understanding about the environment that the organisation operates in.

Supporting this statement answer why we should review the effectiveness of a plan and consider methods for improving strategic planning processes. Write your answer in 200-250 words.

Question 20: Mention any five (5) legislations, regulations or codes of practice applicable to strategic planning and explain how you apply them? Write your answer in 150-200 words.

Question 21: Identify and explain five (5) tools and approaches you may find useful for strategic planning and developing and/or implementing the strategic plan. Answer in 50-100 words for each.

Question 22: Answer the following questions:
a. Define organisational values. Write your answer in 100-150 words
b. List the techniques used to develop organisational values. Write in 100 to 150 words.

Question 23: Answer the following questions:
a. Identify and explain four (4) types of risk that an organisation can encounter. Write your answer in 150-200 words
b. Explain what intellectual property rights and responsibilities are and the risks associated with them. Write your answer in 200-250 words.
c. How can you integrate risk management into strategic planning? Write your answer in 300-350 words

Question 24: Answer the following questions:
a. Define and identify four (4) internal sources of information. Write your answer in 50-100 words
b. Define and identify four (4) external sources of information. Write your answer in 50-100 words
c. How are they relevant to an organisations market, competitors, customer base, vision, values and capabilities? Write your answer in 50-100 words

Question 25: Answer the following questions:
a. What is a cooperative venture? Write your answer in 30-50 words
b. What are the advantages of a cooperative venture? Write your answer in 150-200 words
c. What are the risks associated with a cooperative venture? Write your answer in 150-200 words
d. How can a cost benefit analysis and due diligence ensure consistency with an organisations vision, mission and values? Write your answer in 150-200 words

Question 26: Answer the following questions:
a. Why should each strategy be assigned with a priority, a timeframe, responsible parties and measurable performance indicators? Write your answer in 200-250 words
b. Why is it important to develop action plans for strategies and how do you develop one? Write your answer in 200-250 words

Question 27: Answer the following:
a. What is meant by capability assessment? Write your answer in 40 - 80 words.
b. Briefly explain the steps involved in conducting capability assessment of the organsiation. Write your answer in 150-200 words.

Question 28: Briefly explain the steps for conducting the cost-benefit analysis. Write your answer in 300 - 350 words.

Assessment task

Activity 1: Complete a report - Research the planning requirements and report them to the management
You have been asked to research the following:
• Australian Government Fair Work Ombudsman - best practice guide to consultation and cooperation in the workplace
• HR Strategies and Planning by Australian HR Institute
• HR strategy examples - What makes a successful HR strategy?
• How to do human resource strategic planning
• Strategic human resource planning

Task 2:

This assessment activity requires to systematically investigate into and study all the materials and information provided to establish facts and reach to conclusions and share your observations with the management of the organisation in a report format.

In this activity, you are required to read the provided scenario and other relevant information and complete a report to evaluate the currency of the organisational vision and mission, make any necessary changes, and communicate the review processes to all stakeholders in order to gain their support.

You must review the organisation's vision and values by studying all the materials and information provided, as well as meeting with a key stakeholder (role-played by your trainer). After reviewing all materials and information, revise the vision and mission statements to reflect the current status and direction of the organisation, then communicate established facts to the relevant stakeholders to outline the suggested changes to vision and organisational values and describing the strategic planning processes and identifying where input can be provided.

The role of your trainer:
• Your trainer/assessor is the final signing authority representing the organisation.
• Your trainer/assessor has been included in the development of all workplace documentation.
• Your trainer/assessor is aware of all the business activities and objectives and seek changes to meet the current and future needs and direction of the business.
• Your trainer/assessor will provide you information about the current practices of the organisation and, in particular, whether they support the mission objectives of the organisation, or point to potentially new objectives for the organisation.

Your report must be based upon the following factors:
• Analysing the information available to establish and evaluate the currency of the organisational vision and mission.
• Current practices of the organisation and, in particular, whether they support the mission objectives of the organisation, or point to potentially new objectives for the organisation.
• Describe the current organisational understanding and enactment of the mission and vision statements.
• Making the necessary changes in the organisation's mission and vision statements that reflect the current organisational requirements.
• Describe the organisational values required to support the revised mission and vision statements.
• Undertake environmental analysis to identify all external and internal elements that can affect the organisation's performance.
o Determining the information requirements to complete the strategic plan
o Undertaking or commissioning research to deliver relevant information

Activity 2: Role play - Consultation with relevant managers, team leaders and employees.

In this assessment task, you are required to work with the relevant managers, team leaders and employees to discuss the report and your findings and complete analysis of the organisational environment to develop an understanding of potential competitors and allies, and the associated risks and benefits associated with the organisation. The purpose of the assessment activity is to ensure you participate in effective stakeholder engagement.

Applicable conditions on the assessment activity:
• The consultation must be based on the provided guidelines.
• Your trainer needs to ensure there are six people available and suitable to play the following roles:
o Two managers (one from Sydney and one from Melbourne)
o Two Team leaders (one from Sydney and one from Melbourne)
o Two employees (one from Sydney and one from Melbourne)
• Students or other staff members can play the above roles.
• Each student must play the role of the HR manager to consult with the relevant
managers, team leaders and employees.
o You must discuss:
• The report you prepared and submitted as part of the assessment activity 1.
• Identify and describe existing and potential competitors/allies, then summarise the strengths and weaknesses of each
• develop a separate summary statement for each potential ally for a cooperative venture that describes their alignment with organisation's vision, mission, values and attributes.
• Conducting PEST analysis (including a review of legislation impacting on the organisation)
• SWOT analysis
• A review of potential allies and a statement of their alignment with organisational values (as described in the previous assessment activity).
• Discuss and review the capability assessment of competitor organisations
• Discussion with team leaders should be based upon:
- A completed set of analyses (PEST and SWOT)
- A review of existing and potential competitors and allies
- A review of potential allies and a statement of their alignment with organisational values
• Discussion with employees should be based upon:
- To participate in the discussion about PEST and SWOT analysis
- Provide and maintain workplaces, programs and systems
- Provide information about the hazards and risks to the business and staff

• Obtain feedback from the stakeholders on analysing internal and external environments.

• Each and every role must follow the mentioned below guidelines:
o Managers
• PEST and SWOT analysis
• Review of potential allies and how they align with
organisational values
• Review of potential competitors
o Team leaders
• To discuss:
- how organisation can achieve mission and vision
- what changes are required in the mission and vision and why
- how organisation values fits into the current business circumstances

o Employees
• To participate in the discussion about how the organisation can meet its mission and vision
• Provide and maintain workplaces, programs and systems
• Provide information about the hazards and risks to the business and staff
• Provide information about how amended mission and vision will affect the business.

• All team members must agree on the mission, vision, and values before you start working on the development of the strategic plan.

You are required to work with the relevant managers, team leaders and employees to discuss the report and your findings and complete analysis of the organisational environment to develop an understanding of potential competitors and allies, and the associated risks and benefits associated with the organisation

Activity 3: Develop the strategic plan and risk management plan

In this assessment activity, you are required to develop and document the strategic plan for the organisation based on the research you have conducted throughout activity 1 and activity 2. You will also need to communicate the strategic plan to key stakeholders in the organisation. Your reliable and affordable assignment help starts today!

You must develop a strategic plan, including consideration of resource implications, and then circulate to stakeholders. After endorsement from the final signing authority and team leaders, communicate the plan to employees and describe any implications for their role in the organisation.

You also need to identify the risk associated with the project and develop the risk management plan so that strategies can be developed to deal with the risk.

The simulated workplace environment consists of:
• Your RTO as an educational institute
• The standard operating/workplace procedures at your RTO
• Your trainer/assessor to provide you assistance throughout the assessment activity.
• Six people available and suitable to provide consultation on the following roles:
o Two managers (one from Sydney and one from Melbourne)
o Two Team leaders (one from Sydney and one from Melbourne)
o Two employees (one from Sydney and one from Melbourne)
• Students or other staff members can play the above roles.
• Australian Government Fair Work Ombudsman - best practice guide to consultation and cooperation in the workplace
• HR Strategies and Planning by Australian HR Institute
• Fair Work Act
• Fair Pay commission guidelines
• Computers and internet for all participants and students.
• Up-to-date software and equipment such as MS Office, browser applications,

Activity 4 - Implement the strategic plan, monitor progress and develop a report evaluating the implementation

In this assessment activity, you are required to Implement the strategic plan, monitor progress and develop a report evaluating the implementation using a strategic plan implementation document.

As part of your review, you need to develop a report describing the implementation as measured by the achievement of KPIs, milestones and overall effectiveness. You also need to identify and describe any refinements or improvements that can be made to the implementation process. Once your report is completed, you are to present the report to relevant stakeholders, seeking feedback and input.