Unit 2: Strategic Business Management and Planning K/506/3659

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  1 Understand the role of strategic planning in organisations

1.1 Evaluate processes by which organisations identify their goals and values
1.2 Discuss the purpose and role of strategic business management and planning in an organisation
1.3 Evaluate the classic and contemporary models used in developing business strategies and plans
2 Understand the impact of internal and external factors on organisations
2.1 Analyse ways in which the internal and external environment can influence organisational management and planning strategies
2.2 Discuss the influence of organisational governance requirements on management and planning strategies
2.3 Explore the impact of internal and external risk factors on strategic business management activities
3 Understand the strategies that organisations use to achieve competitive advantage
3.1 Analyse ways in which an organisation positions itself to outperform its competitors
3.2 Evaluate appropriate competitor advantage strategies for emerging, maturing and declining positions
4 Understand the environmental factors that affect strategic business management and planning
4.1 Discuss how emerging global issues can impact upon on the strategic management and planning activities in an organisation
4.2 Evaluate the impact of stakeholder interests in shaping strategic management and planning activities in an organisation
4.3 Analyse ways in which organisations respond to environmental factors, when making strategic plans

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