ACCA P3 MODELS TO MASTER

P3 REVISION PLAN 19TH MAY TO 21ST MAY 2015

Mendelow's matrix-used for stakeholder analysis and management based on Power and Interest ( Strategic Analysis)
Key players, Keep satisfied, Keep informed, Ignore or minimum attention
Porter's Five Forces- used for analysis of immediate environment of firm in competitive markets. Threats of New Entrants, Threat of Substitute goods, Existing rivalry, Bargaining power of customers, Bargaining power of suppliers (Strategic Analysis)
Porter's Generic model can be used to analyse any scenario involving firms which are struggling - Cost Leadership, Differentiation, Focusing( apply one at a time sos as not be stuck in the middle) ( Strategic Analysis)
Porter's Diamond model- Factor conditions, Demand conditions, Supporting industries, Firm infrastructure (used to analyse competitive advantage of MNCs)
SWOT( model of JSW) used for internal appraisal of firm of its strengths and weaknesses( inside out approach)
TOWS model of Weirich (used as external appraisal of firm( outside in approach)
PESTEL/SLEPT/STEEPLE Analysis( used for external appraisal of macro-environment of firm)
Porter's Value Chain model ( used to assess internal performance of firm to know wastage areas and areas to improve). May be linked with supply chain to see level of integration upstream, mid- stream, and downstream
Balanced Scorecard of Kaplan & Norton- used for internal performance appraisal. It has financial and non-financial indicators. May point out Critical Success Factors, Key Financial Indicators. 4 Elements are Customer's Perspective, Internal Processes Perspective, Learning and Innovation Perspective, and Financial Perspective( Strategic Implementation)
Ansoff's Matrix- Market Penetration, Product Development, Market Development, Diversification (related and unrelated). Options for a firm planning change and expansion for survival in a competitive market ( Strategic Options)
BCG Matrix- Cash Cow, Star, Problem Child, Dog (on the bases of growth potential and market share). Strategies are Build or invest in, Harvest, Withdraw or Divest, Hold/ Maintain
Product Life Cycle- Introduction, Launch, Growth, Shakeout, Maturity, Saturation, Decline/ Extension strategies
Bowman's Strategic Clock- No frills, Low Cost, Hybrid Differentiation, Differentiation, Focused Differentiation/ Premium product, Failed strategies of cowboy goods( Options)
Market Gap Analysis ( Strategic Options)- gap beteen actual performance and potential performance. Gap filled by elements of Ansoff model- Market Penetration, Product Development, Diversification, Market Development, Innovation, Strategic Alliances
pProduct Positioning Mapping- Strategic Positioning relative to competitors' products on the market, using axes of price and quality



Cultural web for change management- rituals, routines, power, artefacts, symbols, controls, stories and legends, structure,
McKinsey's 7S- for change management. Structure, Systems, Strategy, Staff, Skills, Styles, Shared Meanings or paradigm
Strategic Lenses ( JSW)- Strategy as Ideas( Mintzberg's Emergent Approach), Strategy as Experience( Simon's Bounded Rationality or James Quinn's Logical Incrementalism)/ Lindlom's Incrementalism, Strategy as Design( Rational model)
5Ps of strategy- Plan, Ploy, Patterns, Perspectives, Position ( Mintzberg)
Harmon's Processes Model- Make or buy decisions, outsourcing, offshoring, internal competences and capabilities (VRIN/VRIO models). Unique resources, threshold resources, core resources, Strategic Importance versus Strategic Complexity
Methods of Growth and expansion- Internal/Organic, External- Acquisitions, Takeovers, Joint ventures, Mergers, Licensing, Franchise, Strategic Alliances, Corparate Parenting, Holding Company structure with subsidiaries
4Ps, 7Ps, Disintermediation, B2B, B2C, G2G, G2C, C2G, C2B, We 2.0, Data warehousing, Data Mining, CRM, Telecommuting, e-commerce, e-tailing, viral marketing, social media ( Facebook, Twitter, Whatsapp, Instagram, below-the –line adverts, word of mouth, word of mouse, personal selling, pull through or customer-centred marketing, push or product/production-centred marketing, marketing mix( 4Ps), segmentation, targeting, niche and mass marketing, AIDA model of attract, interest, desire, action
Human resource, motivation, leadership styles, knowledge workers, team working, conflicts at work, supportive roles, team integration, flexible working methods- teleworking/telecommuting, flexible organisation structures, shamrock organisation, types of leadership styles- autocratic, democratic, laissez faire, action-centred leadership
Accounting ratios, decision trees, regression analysis
9 Ms – Materials, Machinery, Methods/procedures, Marketing, Management, Money, Men and women, Measurement (Performance Management), Minutes/Time Management, Motivation/Morale
SFA Criteria- Suitability, Feasibility/ Sustainability, Acceptability
Failure of softwares, ERP
Organisational structures- functional, matrix, bureaucratic, geographical, product, hybrid, shamrock, etc