Strategic Management

STRATEGIC PLANNING

Unit Standard

Credits

Unit Standard ID no.

Plan strategically to improve business performance
4
114585
Create opportunities for innovation and lead projects to meet innovative ideas
4
15216
Apply accounting principles and procedures in the preparation of reports and decision making

15

119350

Each Learning Unit can be presented as a separate short course if required

Total Credits: 32

Course Duration: 12 days

Course Outline:

LEARNING UNIT 1: PLAN STRATEGICALLY TO IMPROVE BUSINESS PERFORMANCE

  • Define strategic
  • Benefits of strategic planning for performance
  • Aspects of a good strategic plan
  • The relationship between the timing of a strategic plan and performance of a venture is determined and evaluated.
  • Articulating your vision, mission, purpose, goals and objectives
  • Alternative organisational structures.
  • Advantages and disadvantages of all organisational structures
  • Monitor, measure and report on business performance
  • Qualitative and quantitative performance indicators

LEARNING UNIT 2: APPLY ACCOUNTING PRINCIPLES AND PROCEDURES IN THE PREPARATION OF REPORTS AND DECISION MAKING

LEARNING UNIT 3: ANALYSE, INTERPRET AND COMMUNICATE INFORMATION 

  • Data capture methods
  • Data Storage
  • Recording of variations and anomalies
  • Develop conclusions and recommendations.
  • Interpretation methods of information. 
  • Legislative requirements of communication of information.
  • Characteristics of a Good  Requirements Document
  • Data Documentation
  • Confidentiality
  • Reporting requirements

LEARNING UNIT 4: CREATE OPPORTUNITIES FOR INNOVATION AND LEAD PROJECTS TO MEET INNOVATIVE IDEAS 

INNOVATIVE OPPRTUNITIES

  • Keep abreast of and analyse innovations or new developments.
  • Investigating latest innovations
  • Impact of new technology or innovation on the organisation
  • Knowledge of innovations
  • Trends are identified and used to identify further opportunities
  • Create opportunities for innovation
  • The problem solving process to innovate

LEAD PROJECTS TO MEET INNOVATIVE IDEA

  • Project framework to lead innovative projects
  • Managing innovative projects according to the Project life cycle
  • Project planning
  • Project Monitoring and Control
  • Project Handover
 
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