THE PRINCIPLES FOR DEVELOPING STRATEGY
The ability to develop strategy requires an in-depth understanding of how to develop strategy and lead stakeholders throughout the entire process.
The aim of Task 1 is for the leader to evidence their knowledge and understanding of how strategy can be developed effectively.
TASK 1
There are TWO (2) options for completing Task 1. Please select one of these options.
Option 1
You are required to develop a guidance document OR presentation for new and aspiring leaders entitled:
‘How to develop strategy – A guide for new and aspiring leaders’
The guidance document OR presentation for new and aspiring leaders must be presented in THREE (3) sections:
The factors which drive the development of organisational strategy
You are required to critique the factors which drive the development of organisational strategy (AC1.1)
Approaches for the development of strategy
You are required to critically appraise approaches for the development of strategy (AC1.2)
The challenges of developing and leading organisational strategy
You are required to discuss the challenges of developing and leading organisational strategy (AC1.3)
OR
Option 2
You are required to write an account entitled:
‘The principles of developing organisational strategy’
The account must be presented in THREE (3) sections:
The factors which drive the development of organisational strategy
You are required to critique the factors which drive the development of organisational strategy (AC1.1)
Approaches for the development of strategy
You are required to critically appraise approaches for the development of strategy (AC1.2)
The challenges of developing and leading organisational strategy
You are required to discuss the challenges of developing and leading organisational strategy (AC1.3)
Guidance for completion of Task 1
You must select only ONE (1) option as the basis for completing this task.
If you opt to present the evidence for this task using a presentation, this must be accompanied by presentation notes.
Please ensure you use the sub-headings provided when you present your evidence in a format of your choice.
You are encouraged to contextualise your response to the task by referring to an organisation you know well or have researched.
Your evidence must be underpinned with relevant theoretical concepts and well-chosen examples.
Please refer to the indicative content for each of the assessment criteria (AC) outlined in the unit specification.
STRATEGY DEVELOPMENT
The ability to understand how strategy is developed, implemented and monitored is an essential leadership capability.
The aim of Task 2 is for leaders to evidence their ability to develop an organisational strategy to achieve a business goal and recommend approaches for its successful implementation.
EXAMPLES OF ORGANISATIONAL STRATEGY TO MEET A BUSINESS OBJECTIVE
Growth. Retrenchment. Consolidation. Partnerships. Collaborations. Delayering and restructuring. Diversification. Development of product/service/processes. Recruitment, retention, engagement of people. Competitor and competitive approaches. Divestment, mergers, acquisition. Business closure. Research and development. Offshoring, outsourcing/insourcing. Legal and regulatory requirements.
TASK 2
To complete Task 2 you are required to develop an organisational strategy to achieve a business objective accompanied by a series of recommendations for its implementation and monitoring.
Your evidence must be presented in TWO (2) sections:
2a. Develop an organisational strategy to achieve a business objective (AC2.1)
The organisational strategy may be based on an organisation you know well or have researched. The strategy may be real or hypothetical and may be based on one of the examples of ‘organisational strategy to achieve a business objective’ in the box provided above.
2b. Recommend an approach to implement and monitor the strategy to ensure its success (AC2.2)
With reference to the organisational strategy developed for Task 2a you are required to recommend an approach to implement and monitor the strategy to ensure its success. The approach should include reference to:
The type of approach selected
The key processes and activities required to implement the strategy
Monitoring activities selected to ensure the success of the strategy
Guidance for completion of Task 2
Consider how the strategy document will be presented. This might be in report or tabular format.
Carefully select the basis of the strategy being developed. Please ensure the strategy will enable you to meet the evidence requirements of section 2a and section 2b.
You must clearly state the context and purpose of the strategy being developed.
The strategy must be your own work.
The strategy may be presented as an attachment or embedded into the evidence booklet.
Refer to the indicative content for each of assessment criteria (AC) outlined in the unit specification.
You must include reference to well-chosen examples and application of relevant theoretical models.
ASSESSMENT GUIDANCE
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The submission is incomplete Tasks are incomplete Not all assessment criteria have been met No examples are used or the examples given do not match the requirements of the assessment criteria Evidence is Unclear Technically incorrect or inaccurate Biased Unprofessional language Poorly structured and presented Ideas are under-developed Lacks sufficient detail to show understanding of the topic The application of different perspectives, approaches or schools of thought is unclear or inappropriate Little or no evaluation of evidence has taken place The ability to make judgments and solve complex problems has not been evidenced Evidence is not directly attributable to the learner External sources of information are not acknowledged Work based evidence or artefacts (e.g. planning documents or presentation slides) do not meet the requirements of the assessment criteria and are not current (within 5 years) |
All tasks have been completed All assessment criteria have been met Examples given are well chosen and match the requirements of the assessment criteria Evidence is Well written and presented Contains a breadth of examples Accurate Current (e.g. use of up to date legislation) Authentic Inclusive Coherent Credible Technically correct Evidence shows understanding and application of different perspectives, approaches or schools of thought and the reasoning behind them. Evidence shows the learners ability to evaluate evidence and solve problems to achieve set outcomes. Evidence used from external sources has been correctly referenced Evidence is directly attributable to the learner Work based evidence or artefacts (e.g. planning documents or presentation slides) match the requirements of the assessment criteria and are current (within 5 years) |