704 Developing Organisational Strategy

Unit Overview

704 Developing Organisational Strategy is a unit within the CMI Level 7 module that focuses on ensuring the organisational activities are adequately aligned with the future needs of the company. Leaders must be able to ensure that they develop effective strategic models that ensure their organisations are relevant not only in the current era but also in future practices. This involves being able to effectively address the future needs of the organisation. It helps them to improve their ability to generate effective action plans based on the organisational context and the overall industry level that align the organisation to the current and future needs in terms of practice.

The strategic practices help to ensure that the leaders are able to effectively meet their contributions and responsibilities within the workplace. Leaders must be guided to develop the capabilities and principles that they should use to ensure that they are able to complete their strategic roles within the workplace. They must have the capabilities to forecast the future and ensure that they contribute towards the goals and objectives of the organisation.

704 Developing Organizational Strategy is designed to provide leaders with relevant training and information that they can use to implement strategic decisions. The unit helps the learners to understand the principles of strategic models as well as ensure that they are able to achieve the desired goals in terms of being able to influence others to pursue the vision and mission of the organisation. The unit further helps to understand the context and environment of the business to ensure it contributes to the needs of the organisation currently and in the future. The unit is taught in 30 units of guided learning and contributes 9 credit values toward the module.

Suitability of the Unit

704 Developing Organizational Strategy is a unit that is suited to the leaders within the workplace. The unit is designed to help the leaders to develop desirable standards and approaches that contribute towards achieving the leadership capabilities and principles. It helps the leaders to understand the various principles that align their organisational practices to future needs and principles within the workplace. Additionally, this topic contributes towards shaping the leadership competencies of leaders in being able to equip the organisation with the right personnel who provide relevant skills for the future of the organisation. It is, therefore, suited to being able to achieve the desired goals and objectives for strategic approaches within the organisation.

This unit is made to suit the learning needs of the senior managers within the workplace. The unit is designed to help CEOs, directors, and other strategic leaders to ensure that they are contrite towards meeting the goals of the organisations that are related to being able to achieve the expected standards in the future. The unit is also designed to effectively contribute towards influencing the performance of middle managers and other employees interested in leadership within the workplace. The unit helps these leaders to get ready for future leadership engagements within their workplace.

Learning Outcomes

Upon completion of the unit, the learners should be able to:

• Appraise the factors within the workplace that drive the development of organisational strategy

• Understand the approaches for the development of strategy within the organisation that they lead

• Explain the challenges that could be experienced in the process of developing and leading organisational strategy

• Develop an organisational strategy that is aligned with the business objectives and responsibilities

• Recommend approaches that can be implemented within the workplace to monitor and improve the strategy to ensure that it meets its expected standards and principles

Key Learning Areas

704 Developing Organizational Strategy is a unit that focuses on achieving organisational goals and objectives. It helps them to understand the principles that are associated with being able to achieve the goals and objectives of the organisation. Some of the main areas that this unit covers to achieve these goals include:

Concept of Organisational Strategy

This area of learning focuses on understanding the actual concept of organisational strategy and contributing towards accomplishing the set long-term and strategic objectives. The area of learning helps the learners to understand the approaches that they can use in identifying the factors that influence the development of strategies, including organisational, legal, and cultural factors.

They are also guided to develop an insight on the future, including being able to forecast the activities within the organisation hence ensuring that it contributes towards meeting the expected levels of performance. The learners are also made to understand challenges that are associated with the organisational strategy and practices aligned with being able to overcome these challenges within the workplace.

Developing Strategy

This area of learning helps the learners to be able to effectively put up approaches that contribute towards creating organisational strategies that are aligned with organisational needs. The approaches also contribute towards improving the ability to monitor these strategies that have been implemented within the workplace. The learners are guided to understand the essential approaches to achieving the organisational and business goals in general.

It also helps to understand the approaches of prioritising tasks and establishing effective timelines to complete the expectations within the workplace. The unit also equips the learners with strategies to monitor and implement strategy successfully. It involves being able to understand milestones and deliverables that help to progress towards achieving the goals of the strategy and measuring its effectiveness in the organisation.

Evaluation

Learners are required to show accomplishment of the learning goals and objectives during and after completing the unit. These accomplishments are measured using evaluation that uses different forms of assessment. Supervised practice and simulated exercises can be used in the formative phase of learning, while a written assessment is used as the main formative approach of evaluating the performance of the learners. It covers both the theoretical and practical elements that have been learned within the unit.