BSBMGT517 - Australian Government Changing Policy In Relation to Industry, Strategic Plan - Management Assignment Help

Assignment Task

Executive Summary

• Established in 2010, King Edward VII College is a Registered Training Organisation (RTO) that provides training to students in business and management.
• Our principal purpose is to provide high-quality training services to satisfy students’ needs.
• Our training is nationally recognized and accredited to meet vocational and educational standards. Courses are designed by highly qualified staff with extensive industry and training experience to achieve teaching and learning excellence, flexibility, and personal satisfaction.
• We draw on our established relationships with industry and other stakeholders to ensure that our courses are appropriate to the demands of our clients and consistently meet their expectations.
• Quality is maintained in compliance with the national VET Quality Framework and through our continuous improvement system.
• A key objective is to develop the required knowledge and skills for clients to be job-ready and competently undertake their chosen role in a wide range of business areas.

Mission

King Edward VII College provides high-quality industry training that engenders participation and achievement.

Strategic Objectives

1. To be a leader in vocational education and training
2. To establish and maintain high-quality infrastructure supporting clients and staff
3. To be well-led, high performing, profitable and accountable
4. To develop our people and resources

Values

The core values underpinning our activities are:

• Sustain excellence in training and assessment
• Promote innovation across all of our business operations
• Be a collaborative and caring community
• Embrace difference and diversity
• Demonstrate integrity and equality of opportunity in all activities
• Operate with openness and accountability

Target Market

King Edward VII College has two broad segments to its target market, consisting of people wishing to gain entry to the industry, as well as people already working in business and management who want to formalize or develop their skills. Building effective leadership and management skills of managers has been identified as particularly important. We also intend to capitalize on market needs for delivery of blended (classroom and online), as well as online courses. There are many training providers in our sector and King Edward VII seeks to offer a point of difference through our competitive pricing structure, innovative teaching methods, and state-of-the-art facilities.

Marketing Strategies

• Students make their RTO selection decisions based on the reputation of the organization, quality of courses, pricing, employment options, and personal recommendations, amongst other factors.
• Our strong vocational emphasis and continual industry consultation will ensure our courses are appropriate to develop the skills and knowledge currently demanded by employers and students.
• Our market decisions are based on extensive and continuous market research, targeting market segments and clients within the industry. We collect our data from a variety of sources, including current and potential clients, VET and business sectors, competitors, media, and government along with many others.

Market share development

We plan to increase our market share by:

• Establishing two new campuses
• Offering online blended learning
• Providing face to face information sessions
• Improving our web site
• Continually improving the quality of service given to clients’ pre-enrolment, during course delivery, and through the provision of support services while remaining price competitive
• Focusing on the provision of courses required by industry
• Maintaining effective communication channels with all stakeholders to ascertain industry requirements and then develop products and manage services accordingly
• Continually improving communication channels with all our stakeholders, ensuring a flow of timely and accurate information to facilitate effective planning and decision making
• Consistently satisfying individual client needs and demands at the same time as developing the knowledge and skills required by industry
• Targeting identified growth markets with planned, market appropriate campaigns, employing a variety of promotional strategies and advertising media
• Offering attractive fee structures
• Continually improving the skills, knowledge and effectiveness of King Edward VII College management and staff through our commitment to training and development
• Regularly reviewing the effectiveness of all our operations and making improvements when and where necessary.

Situation Analysis

Risk ManagementThe following section identifies the associated risks in pursuit of our strategic objectives and how we will deal with them.

Strategic Objectives

1. To be a leader in vocational education and training
2. To establish and maintain high-quality infrastructure supporting clients and staff
3. To be well-led, high performing, profitable and accountable
4. To develop our people and resources

This BSBMGT517- Management Assignment has been solved by our Management Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.