Understand the
process of
strategic
planning
1.1 assess how business missions, visions,
objectives, goals and core competencies inform
strategic planning

1.2 analyse the factors that have to be
considered when formulating strategic plans 1
1.3 evaluate the effectiveness of techniques
used when developing strategic business plans 1
LO2
Be able to
formulate a new
strategy
2.1 analyse the strategic positioning of a given
organisation by carrying out an organizational
audit

2.2 carry out an environmental audit for a given
organization 1
2.3 assess the significance of stakeholder
analysis when formulating new strategy 1
2.4 present a new strategy for a given
organisation 1
LO3
Understand
approaches to
strategy
evaluation
3.1 analyse the appropriateness of alternative
strategies relating to market entry, substantive
growth, limited growth or retrenchment for a
given organisation

3.2 justify the selection of a strategy 1
LO4
Understand how
to implement a
chosen strategy
4.1 assess the roles and responsibilities of
personnel who are charged with strategy
implementation

4.2 analyse the estimated resource
requirements for implementing a new strategy
for a given organisation

4.3 evaluate the contribution of SMART targets
to the achievement of strategy implementation
in a given organisation.