Contractual Requirements And Implications Of Business - SWOT Risk - Management Assignment Help

Assignment Task

WRITTEN ACTIVITY

Your task is to research the following topics then outline your findings in a report. You will need to use your workplace as a basis for answering the following questions, you may use a suitable workplace you are familiar with if you are not currently working. Use the questions below as a guide to your research:
1. How would you outline the contractual requirements and implications for businesses?
2. Explain the financial management requirements and processes of the business
3. How would you go about researching industry trends and practices that are relevant to the organisations strategic directions?
4. Identify and explain the different types of resources required to undertake projects
5. Describe one of the processes involved in identifying strategic goal setting and activities
6. Explain the SWOT risk management process
7. Identify at least three of the processes involved in developing a strategic and operational plan

QUESTIONING

The following questions may be answered verbally with your assessor or you may write down your answers. Please discuss this with your assessor before you commence. Short Answers are required or 5 lines of handwritten text. Your assessor will take down dot points as a minimum if you choose to answer them verbally. Answer the following questions either verbally with your assessor or in writing.
1. List four items that could be determined, via consultation with decision makers, to be included in the parameters of a strategic plan.
2. What are four different strategic planning documents you could analyse to determine a methodology for devising a strategic plan, in keeping with the organisation’s needs and past practice?
3. What are the characteristics of stakeholders you need to consider when identifying the stakeholders who will contribute to the plan’s development? List at least four
4. Identify the basic steps in the planning process when developing and documenting the planning methodology within a project plan.
5. List three sources of information that could be accessed to when conducting research of local and international best practice and the trends in the organisation’s field of operation
6. What profiling information, about the organisation’s market, can be determined by analysing the demographic and trend data identified and collected?
7. List three sources that competitor intelligence can be gathered from
8. Identify six of the major risk elements which could potentially constrain the achievement of organisational goals in the short, medium and long term
9. What information will you need to consult with stakeholders about when conducting the environmental and organisational scan?
10. List three of the methods which could be used to engage the staff and relevant stakeholders in the establishing of the major organisation goals
11. Explain the importance of establishing leadership to articulate the vision, mission and key goals of the organisation
12. What are organisational key result areas you will need to provide leadership to establish?
13. Explain a process that could be followed to develop the detailed activities required to achieve the organisation’s goals
14. What areas might you develop performance indicators to measure the success of? List at least four
15. What does it mean to budget and cost the resource levels for the enactment of the plan?
16. How can you gain the commitment of staff to the strategic planning process?

17. Who must be engaged in the plan sign off and committed to the finalised strategic plan?
18. Identify and discuss the types of annual plans that can be used to facilitate the implementation of longer-term strategic plans
19. Explain the types of resources that will need to be considered when prioritising and resourcing the programs and operational tactics
20. What should you do to plan for changes to the processes of practices?
21. Discuss how to plan for the following to ensure the long-term business viability:
a. Human resource development
b. Succession strategies
22. What methods could be used to skill the workforce so they are able to implement the plan?
23. Outline the various communication processes that could be established and used to inform and support the staff and stakeholders throughout the implementation of the plan
24. What are the steps you will need to complete when establishing the processes to be implemented to monitor performance against agreed benchmarks and performance?
25. List three of the tools you can apply to monitor the outcomes of strategic and operational plans
26. What are four examples of changing conductions that may require you to undertake a review or refinement of the activities, to ensure the attainment of strategic plan goals?

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