BSQA631 – Strategic Planning for Small Business
Module code
BSQA631
Module title
Strategic Planning for Small Business
Prescription
Students will develop a strategic plan for a small business in New Zealand.
NZQA Level
Level 6
NZQA Credits
20
Delivery method
- Web-Supported
Learning hours
- Directed hours
- 64
- Self directed hours
- 136
- Total learning hours
- 200
Resources required
- Learning Outcomes
- 1) Students will determine the values, beliefs and vision for a small business to inform the
strategic plan.
Key elements
a) Values and beliefs:
- ethics
- social responsibility
- life style preference
b) Vision statement
2) Students will conduct analyses to inform the strategic plan.
Key elements
a) External:
- environmental scan
- opportunities and threats
- trends
b) Internal:
- strengths and weaknesses
- organisational culture
c) Business life-cycle:
- phase/stage identification.
d) Critical success factors
3) Students will determine the direction, goals, tactics and key performance indicators for a
small business to inform the strategic plan.
Key elements
a) Direction
b) Goals
c) Tactics
d) Key performance indicators
4) Students will develop and present a strategic plan and associated implementation plan for a small business.
Key elements
a) Strategic plan:
- values
- vision
- direction
- goals
- tactics
- performance indicators
b) Implementation plan:
- timing
- milestones
- dependencies
- resources
- provision for contingencies
