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BSBMGT617 Format of Assessment

The document outlines the tasks for developing and implementing a business plan. It includes 3 assessment tasks: 1) Compare and analyze 2 existing business plans; 2) Develop a new business plan with sections for executive summary, business overview, concept, environment scan, marketing, finance, and performance; 3) Implement the business plan with steps for setting goals and objectives, creating a work breakdown structure, assigning responsibilities, managing risk, communicating the plan, measuring performance, and obtaining feedback.

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63 views8 pages

BSBMGT617 Format of Assessment

The document outlines the tasks for developing and implementing a business plan. It includes 3 assessment tasks: 1) Compare and analyze 2 existing business plans; 2) Develop a new business plan with sections for executive summary, business overview, concept, environment scan, marketing, finance, and performance; 3) Implement the business plan with steps for setting goals and objectives, creating a work breakdown structure, assigning responsibilities, managing risk, communicating the plan, measuring performance, and obtaining feedback.

Uploaded by

neha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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BSBMGT617

BSB61015 Advanced Diploma of Leadership & Management

BSBMGT617
Develop and Implement a Business Plan

Trainer Name :

Student Name :

Student ID :

STUDENT NAME + ID 1
BSBMGT617

Assessment Task 1: Compare and Analyse Business Plans


In this task, you need to select and compare two business plans from two different
business/industry sectors. The comparison of business plan must address criteria under the
following headings.

1. Executive Summary:

2. Business goals and purpose of the organisations:

Company A Company B Analysis


Vision
Mission
Business
Objectives

3. Compare marketing strategies including pricing,


differentiation and sales strategy:

Company A Company B Analysis


Product
Price
Place
Promotion

4. Strategic programs – value positions of the products and/or


services:

5. Resource Analysis:

STUDENT NAME + ID 2
BSBMGT617

Resources Company A Company B Analysis


Available
Financial
Human
Physical
Resources
Required
Financial
Human
Physical

6. Internal and external environment – competitor and PEST


analysis

7. SWOT Analysis:

Strengths Weaknesses

Company A Company A

Company B Company B

Opportunities Threats

Company A Company A

STUDENT NAME + ID 3
BSBMGT617

Company B Company B

8. Performance Measure:

STUDENT NAME + ID 4
BSBMGT617

Assessment Task 2: Develop a Business Plan

1. Executive Summary:

2. Business Overview:

2.1. History:

2.2. Management structure:

2.3. Legal consideration:

2.4. SWOT analysis:

3. Business Concept:

3.1. Core idea:

3.2. Goals and Objectives (SMART):

3.3. Product/Service:

3.4. IP/License/Acquisition:

3.5. USP/UVP (Unique selling/value proposition):

STUDENT NAME + ID 5
BSBMGT617

4. Environment Scan

4.1. Industry environment and trends:

4.2. Competitor Analysis (At least two):

4.3. PEST/PSETLE Analysis:

5. Marketing strategies:

5.1. Product/Service:

5.2. Price:

5.3. Place:

5.4. Promotion:

6. Financial aspects:

6.1. Start-up cost:


It should include fixed and variable cost.

6.2. Break-even analysis:

6.3. Profit and loss forecast (First year):

6.4. Cash flow forecast on monthly basis:

6.5. Balance sheet forecast:

STUDENT NAME + ID 6
BSBMGT617

7. Performance and control

7.1. Performance measures based on KRA & KPI:

7.2. Quality objectives and measures:

7.3. Responsibilities:

7.4. Performance evaluation:

STUDENT NAME + ID 7
PSPGEN067

Assessment Task 3: Implement the Business Plan

1. Business goals and objectives:

2. Plan for Implementation:

2.1. WBS based on activities, tasks and sub-tasks:


- Aligning tasks with organizational objectives

2.2. Delegation and time allocation for responsibilities:


- Resource allocation for skills and capabilities enhancement

2.3. Strategic management of conflict, risk, contingencies


and operational performance

2.4. Communication plan:


- Internal stakeholders and consultation with external stakeholders regarding
planned implementation – piloting and action plan

2.5. Performance measurement based on KPIs:


- Analysing actual performance against planned objectives
- Metrics and measures for evaluating performance of the plan

3. Implementation:

3.1. Call stakeholder meeting:


- To ensure proper implementation of organizational procedures

3.2. Share KPI management and Implementation process


- Prioritization based on importance and complexity
- Simulating implementation outcome
- Implementation within organizational and industrial context

3.3. Obtain feedback for continuous improvement:

STUDENT NAME + ID 8

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