8431-703 Organisational Values & the Strategic Context
- January 26, 2024
- Posted by: admin
- Category: ILM Level 7
8431-703 Organisational Values & the Strategic Context is a comprehensive course designed to explore the critical relationship between organisational values and strategic considerations. With a focus on leadership and management development, this course delves into the significance of aligning organisational values with strategic objectives to foster a cohesive and effective working environment.
Throughout the 95 guided learning hours, participants will gain insights into how organisational values serve as the foundation for decision-making, culture development, and overall business success. The course emphasises the role of leadership in shaping and communicating values, and how these values can be integrated into the broader strategic framework of an organisation.
Key topics covered in ILM 8431-703 include the identification and articulation of organisational values, understanding how values influence decision-making at all levels, and exploring strategies to embed values within the organisational culture. Participants will also examine case studies and real-world examples to enhance their understanding of how organisations effectively leverage values to achieve strategic objectives.
Ultimately, this course is designed to empower leaders and managers with the knowledge and skills needed to align organisational values with strategic goals, creating a resilient and purpose-driven workplace.
In this course, you’ll learn how to boost performance, create effective communication plans, question assumptions, take charge of financial strategies, and set up a Corporate Social Responsibility program in your area of work.
- The learner will gain the capability to question assumptions and articulate their role in financial strategies.
- AC1.1 Analyse ethics and value-based leadership to effectively question assumptions.
- AC1.2 Explain how, and in what context, the learner has supervised the development and monitoring of financial strategies, encompassing resource management.
- The learner will acquire the skills to formulate and oversee the communication strategy within their area of responsibility.
- AC2.1 Thoroughly analyse the external social and political landscape to guide the development of a communication strategy.
- AC2.2 Provide a rationale for how the learner has formulated and overseen the communication strategy within their area of responsibility.
- AC2.3 Justify the application of diplomacy when engaging with diverse internal and external stakeholder groups.
- The learner will gain the ability to execute a high-performance strategy effectively.
- AC3.1 Conduct a critical analysis of the implementation of a high-performance strategy and integrate the synthesised outcomes.
- The learner will acquire the capability to create a Corporate Social Responsibility program that aligns with governance and regulatory standards.
- AC4.1 Clearly explain the process through which the learner developed a Corporate Social Responsibility program.
- AC4.2 Justify how the learner ensured compliance with governance and regulations during the development of the CSR program.
The assessment requirements for the learner encompass a multifaceted examination of their understanding and application of key principles and strategies.
Firstly, the learner is tasked with interpreting theories and principles of ethics and value-based leadership. This interpretation is crucial for challenging strategies, operations, and financial assumptions, specifically addressing aspects such as ethics, responsibility (both individual and organisational), sustainability, resource allocation, and business continuity or risk management.
Additionally, the learner is expected to provide a detailed explanation of how they have overseen the development and monitoring of financial strategies. This involves setting organisational budgets based on Key Performance Indicators (KPIs) with a focus on maintaining sustainability and business continuity. A thorough discussion is required, referencing at least two factors that have influenced this financial oversight.
Furthermore, the learner is required to define their responsibility for resource allocation within the organisation. This includes a clear delineation of their role in distributing resources effectively to meet organisational objectives.
Another crucial aspect is the utilisation of at least one recognized model to critically review the organisation’s external social and political environment. The learner must justify how this review could inform the communication strategy.
Moreover, the learner needs to provide a comprehensive summary that links the organisation’s communication strategy to their specific area of responsibility. This should include reference to three key strands within that strategy, demonstrating how they shaped and managed the communication strategy and justifying their approach.
Furthermore, the learner must justify their use of diplomacy when managing the communication strategy with at least two groups of stakeholders, covering both internal and external stakeholders.
The assessment also involves a critical analysis of the learner’s implementation of a high-performance strategy, focusing on growth and sustainable outcomes. This analysis should encompass at least three synthesised outcomes from modelling and horizon scanning, considering factors such as organisational structures, business modelling, diversity, global and horizon scanning perspectives, governance and accountability, as well as technological and policy implications.
Lastly, the learner must articulate how they have applied the principles of Corporate Social Responsibility (CSR) to a CSR program, including reference to regulatory compliance. They are also required to justify how they ensured the organisation’s compliance with both governance and regulations throughout the development of the CSR program.
What is the main focus of the course “Organisational Values & the Strategic Context”?
This course primarily focuses on exploring the relationship between organizational values and strategic considerations. It delves into how aligning values with strategic objectives contributes to effective leadership and management.
How long is the course, and what is the expected time commitment?
The course has a duration of 95 guided learning hours. Learners are expected to dedicate sufficient time to engage with the content and complete assessments.
What will I learn about organizational values in this course?
The course covers the identification, articulation, and significance of organizational values. Participants will understand how values influence decision-making, culture development, and overall business success.
How does the course address leadership and management development?
The course emphasizes the role of leadership in shaping and communicating values. Participants will learn strategies to align organizational values with broader strategic frameworks for effective leadership and management.
What are the key topics covered in the course?
Key topics include challenging assumptions, defining responsibility for financial strategies, shaping communication strategies, implementing high-performance strategies, and developing Corporate Social Responsibility (CSR) programs.
- ILM qualifications: https://www.i-l-m.com/learning-and-development/leadership-and-management-qualifications
- Organisational values and strategy: https://hbr.org/2022/03/its-time-to-take-a-fresh-look-at-your-companys-values