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Many students face many difficulties while writing their assignments due to many reasons. Some students don't have enough time to complete their assignments, some struggle with the complexity and structure of assignments and so on. This unit demands knowledge and skills required to create the organisation's sustainable competitive advantage, strategic direction and augment competitiveness. It includes analysis and capability assessment of the organisation, interpretation of significant markets, and analysis of its existing and potential competitors and partners.
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The unit covers implementing the strategic plan and developing detailed actions and initiatives commenced by the people working in various roles. After completing the unit, you are expected to:
Summarise the regulations, legislation, and codes of practice related to the organisation’s strategic plan
Understand risk management strategies pertinent to strategic planning, including customer base, vision, values, market, competitors, and capabilities
Identify external and internal resources of information significant to the organisation’s
Intellectual property rights and responsibilities
Highlight strategic planning methodologies including (PEST) and (SWOT)
Outline techniques for developing organisational values.
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