Unit of competency Outline

Date retreived
23/07/2026 2:32 AM AWST

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Set strategic plans

Set strategic plans

Unit of competency
National Code
SIRXMGT005A
State Code
S6158
TGA Status
Deleted
DTWD Status
Deleted
Current Release Number
2.00
Current Release Date
13/06/2012
View on TGA
State Implementation and Classification
Approved Date
30/06/2014
Field of Education
080301 - Business Management
Original Release Date
30/06/2014
Nominal Hours
80
Description
This unit describes the performance outcomes, skills and knowledge required to develop strategic plans.
Notes
Elements and Performance Criteria
1. Communicate and implement mission statement.
  • 1.1.Communicate mission statement, according to store’s stated purpose and values.
  • 1.2.Interpret mission statement in active consultation with team members and management.
2. Set objectives and targets.
  • 2.1.Develop objectives and targets after active consultation with team members and management according to store policy and procedures.
  • 2.2.Ensure strategies and objectives accurately reflect the overall store mission and values.
  • 2.3.Ensure strategies and objectives are attainable, cost-efficient and realistic within a designated timeframe and allow for continuous improvement planning.
  • 2.4.Ensure strategies and objectives contain sufficient detail to allow development of specific projects.
  • 2.5.Clearly acknowledge constraints upon objectives.
3. Develop action plans
  • 3.1.Develop, evaluate and implement action plans according to store policy and procedures.
  • 3.2.Ensure action plans contain, clear, comprehensive and concise details.
  • 3.3.Ensure action plans take account of appropriate operational and other relevant considerations.
  • 3.4.Ensure proposals identify targets, standards and implementation methods.
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below.
Mission statements may be:
formal
informal
communicated verbally
communicated in writing.
Team members and management may include:
people with varying degrees of language and literacy
people from a range of cultural, social and ethnic backgrounds
people with a range of responsibilities and job descriptions.
Store policy and procedures in regard to:
strategic planning
Strategies and objectives may relate to:
technology
time management
standards of work
quality
quantity
human relations, personal development
legal issues
internal and external operating environments
implementation of policy and procedures
development and communication of ideas
development of product and service provision
problem solving
financial control and accounting
profits
management systems
inventory control
loss prevention.
Store mission and values may include:
customer relationships
supplier relationships
legal requirements
WHS
equal opportunity
ethics
employment
human relations
training
environment.
Constraints upon objectives may include:
internal considerations
external considerations.
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
Evidence of the following is essential:
interprets, communicates and implements store's mission statement
collaboratively develops team objectives reflecting the store's mission statement
collaboratively develops strategies for achieving team objectives
collaboratively develops effective action plans to implement strategies, including targets, standards and implementation methods.
Context of and specific resources for assessment
Assessment must ensure access to:
a retail work environment
relevant documentation, such as:
strategic plans
store mission statement
store value statement
information on the internal and external operating environment
a team.
Methods of assessment
A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:
observation of performance in the workplace
third-party reports from a supervisor
research reports
written or verbal questioning to assess knowledge and understanding
review of portfolios of evidence and third-party workplace reports of on-the-job performance.
Guidance information for assessment
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended.
Replaces
State Code National Code Title Type
N0716 WRRPL2B Set strategic plans Unit of competency