Acca P3 Business Analysis

Below are list of models and important key areas in the syllabus.

Ch 1: Strategy Different models for strategic planning process:

1. Rational Planning model - strategic choice, strategic option, strategy in action 2. johnson & Scholes- 3 levels of strategy -> corporate strategy, business strategy, operational strategy 3. Johnson & Scholes- 3 lenses -> experience, ideas, design. 4. Mintzberg's emergent strategies

Ch 2: Stakeholders, ethics and culture

Mendelow matrix mapping (to identify stakeholders) Johnson & Scholes- ethical position of company Charles Handy - types of culture (power, role, task, people). Miles & Snow- strategic cultures (defenders, prospectors, analysers, reactors). Cultural web - whether a particular strategy is acceptable to employees. (CORPPS)

Ch 3: Environment

Johnson & Scholes- key drivers of change (why do things change?) -> (market globalisation, cost globalisation, global competition, economic, environmental, legal). Pestel- analysis of external environment Porter's national diamond- reasons why some companies in a particular countries have competitive advantage than companies from other countries.

Ch 4: Competition and markets

Industry life cycle Porter's 5 forces

Ch 5: Strategic capability

Mckinsey's 7S Porter's value chain -appraise internal aspects of org. porter's value network - extends the idea of value chain to include customers and suppliers Product life cycle TARA framework - dealing with risks

Ch 6: strategic options

Ansoff matrix - used to generate strategic options BCG matrix (under product development). Porter's generic strategy (under market penetration). -> cost leadership, product differentiation, focus group. Strategic clock - look at price and added value

Ch 7: Strategic choice

Johnson & Scholes- strategic rationale - ways head office can create value in each business they own -> portofolio managers, synergy, parental developers. Ahsdrige portfolio model -> use BCG matrix instead. (which divisions to keep or get rid of) Tows analysis Johnson & Scholes- SFA test

Ch 8: Finance

Limiting factors Make or buy Closure or continuing decisions Special contracts ratio analysis Regression, time series analysis

Ch 9: Marketing

Marketing mix (7 Ps) CSF and KPIs

Ch 10: Business process

Rummler and Brache- Gaps and disconnecting Harmon's process- strategy mix

Ch 11- Ebusiness

6 stages of using IT (initiation, contagion, control, intergration, data adminstration, maturity). Suppy chain: upstream, downstream 6Is for e-marketing customer life cycle

Ch 12: People in organisation

Organisational structure (fuctional, divisional, matrix) Mintzberg structural configuration (ideology, strategic apex, middle line etc)

Ch 13: Project management

Project gateways- method to run a project Wards & Daniels - types of benefits (how benefits can be measured) tuckman's stages of formation - stages before starting the project Belbin's personality mix- personalities in the group

Ch 14: Change and development Balogun & Hope Hailey - contextual features for stakeholders to consder before accepting change Lewin's force field analysis - forces at work whenever a change is considered Lewin's 3 step process- stages necessary for something to change (unfreeze, freeze, refreeze)