Unit of competency Outline
Date retreived
22/07/2026 5:54 AM AWST
22/07/2026 5:54 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Formulate business strategies
Formulate business strategies
Unit of competency
National Code
PSPMNGT609B
PSPMNGT609B
State Code
C8212
C8212
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
08/07/2014
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
08/07/2014
Nominal Hours
40
Description
This unit covers the requirement to develop, implement and review business strategies to attain the business unit's strategic objectives. It includes defining and implementing business strategies, reviewing the effectiveness of strategies and managing risk associated with the strategies.In practice, formulating business strategies may overlap with other generalist or specialist public sector workplace activities such as complying with legislation, acting ethically, managing risk, networking, developing business cases etc.This unit replaces and is equivalent to PSPMNGT609A Formulate business strategies.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication
Notes
Elements and Performance Criteria
1. Define and implement business strategies
- 1.1 Business unit objectives are formulated in accordance with the unit's strategic priorities.
- 1.2 Strategies are developed that relate to the business unit's strategic objectives.
- 1.3 Strategies are developed in consultation with key stakeholders including other business units and organisations, using a range of communication strategies.
- 1.4 Strategies and associated objectives are delegated to operational levels within the business unit.
- 1.5 Strategies are delegated to individuals, teams and groups in a manner which ensures understanding, and commitment.
- 1.6 Information on business strategies that specifies output targets and performance standards is given to individuals, teams and groups.
- 1.7 A system which includes key performance indicators is developed to monitor the implementation and effectiveness of strategies.
2. Review the effectiveness of business strategies
- 2.1 Strategies developed to attain the business unit's strategic objectives are reviewed in a timely fashion.
- 2.2 Strategies are reviewed in relation to attainment of key objectives, budgets, resources and timelines.
- 2.3 Multiple perspectives and sources of information are considered in determining the effectiveness of strategies.
- 2.4 The effectiveness of the strategy is reviewed against key performance indicators.
- 2.5 Recommendations on appropriate enhancements to the strategies and plans are formulated and acted upon in accordance with organisational policy and procedures.
3. Manage risk associated with business strategies
- 3.1 Risks associated with the implementation of the business unit's strategies are identified and evaluated.
- 3.2 Risk levels are assessed as acceptable or unacceptable and balanced against opportunities afforded by taking risks.
- 3.3 Information sources are utilised to assess levels of identified risks.
- 3.4 Risk treatments are selected and implemented.
- 3.5 Risk treatments are monitored and reviewed.
The Range Statement provides information about the context in which the unit of competency is carried out. The variables cater for differences between States and Territories and the Commonwealth, and between organisations and workplaces. They allow for different work requirements, work practices and knowledge. The Range Statement also provides a focus for assessment. It relates to the unit as a whole. Text in bold italics in the Performance Criteria is explained here.
Business unit may refer to:
a program
sub-program
cost centre
area
division
branch
production unit or section located within the organisation
Communication strategies may include:
small group information sessions
computerised communications
in-house publications
oral presentations
Business strategies may include:
programs, projects and plans used to attain the business unit's strategic objectives
Information sources for strategy review may include:
statistical analyses
interviews with stakeholders
surveys
focus groups interviews
research on existing programs
solicited and unsolicited feedback
organisational reviews
workforce management data
Policy and procedure may include:
Commonwealth and State/Territory legislation including equal employment opportunity and anti-discrimination law
national and international codes of practice and standards
the organisation's policies and practices
environmental/sustainability policies
government policy
codes of conduct
Risk management:
is a logical and systematic process of identifying, analysing, assessing, treating, and monitoring risks related with any strategy, plan, process, program or procedure, that will enable the organisation to minimise losses and maximise opportunities
may be considered in relation to an organisation's:
people
assets
physical environment
reputation and image
legal issues
business continuity
finances
Risk information sources may include:
computer modelling
sensitivity analysis
structured interviews
statistical data
questionnaires
fault trees
analysis of consequences - loss of money, time, labour, intangibles
Business unit may refer to:
a program
sub-program
cost centre
area
division
branch
production unit or section located within the organisation
Communication strategies may include:
small group information sessions
computerised communications
in-house publications
oral presentations
Business strategies may include:
programs, projects and plans used to attain the business unit's strategic objectives
Information sources for strategy review may include:
statistical analyses
interviews with stakeholders
surveys
focus groups interviews
research on existing programs
solicited and unsolicited feedback
organisational reviews
workforce management data
Policy and procedure may include:
Commonwealth and State/Territory legislation including equal employment opportunity and anti-discrimination law
national and international codes of practice and standards
the organisation's policies and practices
environmental/sustainability policies
government policy
codes of conduct
Risk management:
is a logical and systematic process of identifying, analysing, assessing, treating, and monitoring risks related with any strategy, plan, process, program or procedure, that will enable the organisation to minimise losses and maximise opportunities
may be considered in relation to an organisation's:
people
assets
physical environment
reputation and image
legal issues
business continuity
finances
Risk information sources may include:
computer modelling
sensitivity analysis
structured interviews
statistical data
questionnaires
fault trees
analysis of consequences - loss of money, time, labour, intangibles
The Evidence Guide specifies the evidence required to demonstrate achievement in the unit of competency as a whole. It must be read in conjunction with the Unit descriptor, Performance Criteria, the Range Statement and the Assessment Guidelines for the Public Sector Training Package.
Units to be assessed together
Pre-requisite units that must be achieved prior to this unit:Nil
Co-requisite units that must be assessed with this unit:Nil
Co-assessed units that may be assessed with this unit to increase the efficiency and realism of the assessment process include, but are not limited:
PSPETHC601B Maintain and enhance confidence in public service
PSPGOV601B Apply government systems
PSPGOV602B Establish and maintain strategic networks
PSPLEGN601B Manage compliance with legislation in the public sector
PSPMNGT608B Manage risk
PSPMNGT610A Manage public sector financial resources
PSPPOL603B Manage policy implementation
Overview of evidence requirements
In addition to integrated demonstration of the elements and their related performance criteria, look for evidence that confirms:
the knowledge requirements of this unit
the skill requirements of this unit
application of the Employability Skills as they relate to this unit (see Employability Summaries in Qualifications Framework)
business strategies reflective of the unit's strategic priorities developed and implemented in a range of (2 or more) contexts (or occasions over time)
Resources required to carry out assessment
These resources include:
legislation, procedures and protocols related to formulation of business strategies
workplace scenarios and case studies to capture the range of situations likely to be encountered when formulating business strategies
guidelines for formulating business strategies for the public sector
Where and how to assess evidence
Valid assessment of this unit requires:
a workplace environment or one that closely resembles normal work practice and replicates the range of conditions likely to be encountered when formulating business strategies, including coping with difficulties, irregularities and breakdowns in routine
business strategies reflective of the unit's strategic priorities to be developed and implemented in a range of (2 or more) contexts (or occasions, over time)
Assessment methods should reflect workplace demands, such as literacy, and the needs of particular groups, such as:
people with disabilities
people from culturally and linguistically diverse backgrounds
Aboriginal and Torres Strait Islander people
women
young people
older people
people in rural and remote locations
Assessment methods suitable for valid and reliable assessment of this competency may include, but are not limited to, a combination of 2 or more of:
case studies
portfolios
projects
questioning
scenarios
authenticated evidence from the workplace and/or training courses
For consistency of assessment
Evidence must be gathered over time in a range of contexts to ensure the person can achieve the unit outcome and apply the competency in different situations or environments
Units to be assessed together
Pre-requisite units that must be achieved prior to this unit:Nil
Co-requisite units that must be assessed with this unit:Nil
Co-assessed units that may be assessed with this unit to increase the efficiency and realism of the assessment process include, but are not limited:
PSPETHC601B Maintain and enhance confidence in public service
PSPGOV601B Apply government systems
PSPGOV602B Establish and maintain strategic networks
PSPLEGN601B Manage compliance with legislation in the public sector
PSPMNGT608B Manage risk
PSPMNGT610A Manage public sector financial resources
PSPPOL603B Manage policy implementation
Overview of evidence requirements
In addition to integrated demonstration of the elements and their related performance criteria, look for evidence that confirms:
the knowledge requirements of this unit
the skill requirements of this unit
application of the Employability Skills as they relate to this unit (see Employability Summaries in Qualifications Framework)
business strategies reflective of the unit's strategic priorities developed and implemented in a range of (2 or more) contexts (or occasions over time)
Resources required to carry out assessment
These resources include:
legislation, procedures and protocols related to formulation of business strategies
workplace scenarios and case studies to capture the range of situations likely to be encountered when formulating business strategies
guidelines for formulating business strategies for the public sector
Where and how to assess evidence
Valid assessment of this unit requires:
a workplace environment or one that closely resembles normal work practice and replicates the range of conditions likely to be encountered when formulating business strategies, including coping with difficulties, irregularities and breakdowns in routine
business strategies reflective of the unit's strategic priorities to be developed and implemented in a range of (2 or more) contexts (or occasions, over time)
Assessment methods should reflect workplace demands, such as literacy, and the needs of particular groups, such as:
people with disabilities
people from culturally and linguistically diverse backgrounds
Aboriginal and Torres Strait Islander people
women
young people
older people
people in rural and remote locations
Assessment methods suitable for valid and reliable assessment of this competency may include, but are not limited to, a combination of 2 or more of:
case studies
portfolios
projects
questioning
scenarios
authenticated evidence from the workplace and/or training courses
For consistency of assessment
Evidence must be gathered over time in a range of contexts to ensure the person can achieve the unit outcome and apply the competency in different situations or environments
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C3448 | PSPMNGT609A | Formulate business strategies | Unit of competency |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWU53 | PSPMGT008 | Formulate business strategies | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| C805 | PSP60504 | Advanced Diploma of Government (Management) | Qualification |
| J327 | PSP60512 | Advanced Diploma of Government (Management) | Qualification |
| J326 | PSP60612 | Advanced Diploma of Government (Occupational Health & Safety) | Qualification |
| J331 | PSP61212 | Advanced Diploma of Government (Procurement and Contracting) | Qualification |
| J328 | PSP60912 | Advanced Diploma of Government (Workplace Inspection) | Qualification |