Chapter Name: Facilitate the development of relevant business strategies
Description:Teaches learners how to create strategic plans aligned with business goals, using analysis of market and organizational factors.
Purpuse:Develop effective, forward-thinking strategies that support competitive positioning and goal alignment.
Rational:Ensures that retail leaders can craft and direct strategies that respond to evolving market and organizational needs.
Chapter Assessment
Scope of Practical Skill
Key Requirement 1: Analyse the specific situation
Assess the current strategic position of the business.
Key Requirement 2: Identify the appropriate processes that must be used
Select processes for strategy development.
Key Requirement 3: Apply the processes and package the findings and
Develop and document strategic plans.
Key Requirement 4: Follow implementation steps and review for improvement
Implement strategies and evaluate outcomes.
Assessment Questions
Assessment 1 : Observe and evaluate the extent to which the candidate follows the procedural steps and applies the behavioural processes
The learner is expected to analyse the specific situation when facilitating the development of relevant business strategies.
Assessment 2 : Evaluate the level of demonstrated understanding of the theories and concepts that underpin the applied techniques
The learner is expected to identify the appropriate processes to use for business strategy development.