Develop and implement strategic plans Based on your experience and learning within this unit, answer the following questions In your strategic plan, list relevant legislations from all levels of...

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Develop and implement strategic plans

Based on your experience and learning within this unit, answer the following questions

  1. In your strategic plan, list relevant legislations from all levels of government that affect your business operation, especially in regard to occupational health and safety, and environmental issues, equal opportunity, industrial relations and anti-discrimination


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  1. Using the strategic planning methodologies such as the PEST (political, economic, social and technological) analysis and SWOT (strengths, weaknesses, opportunities and threats) analysis, describe how you identify and incorporate these areas in your strategic plan.


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  1. How do you identify and keep informed of your competitors, existing and potential, their strengths and weaknesses?


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  1. What codes and by-laws relevant to the organisation's operations affect your strategic plan?


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  1. What processes do you use for risk management?


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  1. What are your organisation’s policy and procedures on sustainability practices?


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Answered Same DayDec 23, 2021

Answer To: Develop and implement strategic plans Based on your experience and learning within this unit, answer...

David answered on Dec 23 2021
119 Votes
Part B: Underpinning Knowledge Questions
Unit: BSBMGT616A Develop and implement strategic plans
Q: In your strategic plan, list relevant legislations from all levels of government that affect your business operation, especially in regard to occupational health and safety, and environmental
issues, equal opportunity, industrial relations and anti-discrimination.
A: Designing a strategic plan needs all sorts of information and most importantly the information about the law and orders. The workplace is governed by compliance codes, system of laws and regulations which set the responsibilities for the workers and employees in order to make sure the safety at workplace. Some of the relevant legislation is covered below:-
Modification in the licensing under the environmental protection regulation
The State Government declared that certain categories of small business will no longer need to be registered with the Department of Environment and also need not to pay the charges under Environmental Protection Regulations. That small business will be generally impacted by this change whose operations do not harm significantly to the environment.
The Health and Safety with local authorities is responsible for enforcing the Act and few more Acts which are relevant to the workplace. The regulations under the section 276 and schedule 3 of the Work Health and Safety Act 2010 covers a wide range of matters related to the work health and safety including general risk at workplace, plant and its structures, representation and participation of employees, construction work, asbestos, hazardous chemicals, major hazard facilities, hazardous work including noise, confined space, falls, job requiring a high risk work licence, manual tasks, demolition work, driving work an electrical work.
Q: Using the strategic planning methodologies such as the PEST (political, economic, social and technological) analysis and SWOT (strengths, weaknesses, opportunities and threats) analysis, describe how you identify and incorporate these areas in your strategic plan.
A: PEST Analysis: This analysis is quite simple and very widely used tool and it helps to understand the big picture of Political, Economic, Socio Cultural and Technological environment the strategic plan is operating in. PEST is basically used by the leaders in order to build the vision for the future. It helps to align the changes in positive manner. It also helps to avoid the actions that are destined to collapse for reasons beyond control. Under PEST Analysis, P stands for Political which incorporates the government type and stability, environmental and consumer protection legislation, social and employment legislation, likely changes in political environment, tax policies, tariff control, and regulation & De regulation trends. The letter E in PEST stands for Economic which includes impact of globalization, labour costs, labour supply,...
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