Bsbmgt616 assessment 2

Crown Institute of Business and Technology Pty Ltd ABN 86 116 018 412 National Provider No: 91371 CRICOS Provider Code: 02870D North Sydney Campus: 116 Pacific Highway North Sydney NSW 2060 P 02 9955 0488 F 02 9955 3888

Sydney CBD Campus: Level 5, 303 Pitt St Sydney NSW 2000 P 02 8959 6340 F 02 9955 3888 Sydney CBD Campus: Level 11, 307 Pitt St Sydney NSW 2000 P 02 8034 6431

Canberra Campus: Suite 1, Level 4, 40 Cameron Avenue, Belconnen, ACT 2617 P 02 6253 5184

BSBMGT616 Assessment Task 02 V2.0 Page 1 of 7

BSBMGT616 Develop and Implement Strategic Plans

Assessment Task 2- Project

Part A

Task summary

For this assessment task the student is required, in the role of Operations Manager of Native

Bush Spices Australia, to meet the management team to confirm the organisation’s vision and

mission and values and to seek approval for the development of the organisation’s new Strategic

Plan. They will also be required to discuss strategic directions and operational priorities.

Required

 Access to textbooks and other learning materials

 Computer with Microsoft Office and internet access

 Strategic Plan Template

Submit

 Risk assessment and cost benefit analysis for the potential cooperative venture

 SWOT and PESTLE analysis

 PowerPoint presentation

 Updated Strategic Plan

Assessment criteria

For your performance to be deemed satisfactory in this assessment task, you must satisfactorily address all of the assessment criteria.

Complete the following activities:

1. Research Native Bush Spice Australia’s customers and competitors.

Identify sources of information to use to research Native Bush Spice Australia’s market,

competitors and target customers.

Note down at least 3 sources of information. You will need to record these information

sources in your SWOT and PESTLE analysis.

Using the information that you have developed, research trends and development in the

industry and competitors, potential new and emerging markets, competitors and any other

relevant factors.

2. Complete a risk assessment and cost benefit analysis for the potential cooperative venture.

Crown Institute of Business and Technology Pty Ltd ABN 86 116 018 412 National Provider No: 91371 CRICOS Provider Code: 02870D North Sydney Campus: 116 Pacific Highway North Sydney NSW 2060 P 02 9955 0488 F 02 9955 3888

Sydney CBD Campus: Level 5, 303 Pitt St Sydney NSW 2000 P 02 8959 6340 F 02 9955 3888 Sydney CBD Campus: Level 11, 307 Pitt St Sydney NSW 2000 P 02 8034 6431

Canberra Campus: Suite 1, Level 4, 40 Cameron Avenue, Belconnen, ACT 2617 P 02 6253 5184

BSBMGT616 Assessment Task 02 V2.0 Page 2 of 7

3. Develop a SWOT and a PESTLE analysis.

These should outline all of the internal and external factors that will impact on the Strategic

Plan based on your research.

Begin a new Word document for the analyses. Save it as SWOT and PESTLE Analysis.

4. Meet with your assessor.

Your assessor will review your SWOT and PESTLE Analysis and provide feedback as required.

5. Develop the Strategic Plan.

Once you have received feedback from your assessor, proceed with developing the Strategic

Plan. Using the template provided by your assessor.

You will need to make sure you complete all sections of the Plan and use clear and concise

English.

Your strategic plan will need to include specific actions to include each of the strategic

objectives.

You must include responsibilities and timelines for each action, as well as key performance

indicators.

Each of the actions should be ordered commencing with the most urgent action first.

6. Prepare and deliver your presentation to the management team at a meeting.

Prepare and deliver your presentation to the management team and seek input from staff on

the new Strategic Plan. You will need to be ready to answer questions and discuss ideas.

During the presentation, provide a brief overview of the actions that need to be taken over

the next 12 months to achieve objectives, as well as the staff that will be involved and seek

their feedback (your assessor).

Please note: Your assessor will advise in class of the date and time of the meeting.

7. Update your Strategic Plan.

Revise your strategic plan, incorporating any feedback that you received from your assessor.

Save this document as Updated Strategic Plan.