CMI Unit: 606 Developing and Leading Strategy
The CMI Unit 606: Developing and Leading Strategy focuses on equipping learners with the knowledge and skills required to create, implement, and lead effective organisational strategies. The unit explores how functional and operational strategies interconnect with broader organisational goals, enabling learners to make informed, strategic decisions.
This unit is particularly valuable for managers and leaders responsible for shaping business strategies. It provides a deep understanding of the external and internal factors that influence strategic development and how leaders can navigate these complexities for sustainable growth.
By mastering these concepts, learners will be able to contribute to business success through effective strategy formulation, stakeholder engagement, and performance-driven operational execution.
Unit Objectives
The primary objectives of CMI Unit 606: Developing and Leading Strategy are:
- To provide learners with a comprehensive understanding of organisational strategy and its interconnection with functional and operational strategies.
- To enable learners to critically assess factors influencing strategic development, such as market trends, competition, and internal capabilities.
- To explore best practices in developing and implementing organisational strategy, including frameworks like SWOT, PESTLE, and Balanced Scorecard.
- To equip learners with leadership techniques for gaining stakeholder buy-in and ensuring successful execution of operational strategies.
Learning Outcomes
LO1: Understand approaches to developing organisational strategy.
Learners will critically examine the relationship between different levels of strategy, from corporate to operational. They will assess how businesses align their strategic aims with their internal resources, external market conditions, and competitive landscape. This section also covers various strategic development models, including Mintzberg’s Strategies, Porter’s Generic Strategies, and Blue Ocean Strategy.
LO2: Know how to develop and lead operational strategy to achieve a strategic aim.
This section focuses on the process of creating and executing operational strategy. Learners will evaluate different methodologies for translating high-level strategic goals into actionable plans. They will also explore techniques for gaining stakeholder support, ensuring smooth implementation, and overcoming resistance to change. Key topics include change management, strategic leadership, and performance measurement.
Assessment Criteria
LO1: Understand approaches to developing organisational strategy.
- 1.1 Critically assess the inter-relationship between organisational strategy and functional and operational strategies.
- 1.2 Evaluate factors which influence the development of organisational strategy.
- 1.3 Critically appraise approaches to developing organisational strategy.
LO2: Know how to develop and lead operational strategy to achieve a strategic aim.
- 2.1 Critically discuss a process to develop an operational strategy to achieve a strategic aim.
- 2.2 Recommend approaches to leading operational strategy and achieving stakeholder buy-in.
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