This chapter contains a general review of the different levels at which planning, decision making and control take place within an organization so as to manage both its long-term and short term performance.
Additionally, more detailed consideration is given to the nature and purpose of strategic planning.
Strategic Management Accounting – ACCA Advanced Performance Management (APM)
Thanks Ken. I really appreciate this lecture more so with the explanation of the models and matrices (BCG, Ansoff, PESTEL, Porter, SWOT etc.) compared to the details of study text.
You’re welcome.
Can these lectures be down loaded ? what app do i need to download
Excellent ! I wanna pass
Hello. In the last but two slide of advantages for strategic planning the following is listed “it can take time to implement new plans and it can also take time before changes have a noticeable effect”. Why is this considered an advantage? Thank you!
A plan (eg for 5 years) can encourage patience. Many projects show losses for a few years before breaking into profit and managers can become discouraged unless there is a plan holding out the hope of a golden future.
Hi
Could I get a link for the older acca past exams papers that are mentioned at the end of the lectures so I can do some practice e.g 2007 2010 please
There is no single link. You have to Google. Eg
ACCA P5 December 2009 question name.
thanks so very much Garrett
Wonderfully explained. Thank you, Gromit! 🙂
Really excellent lecture. Thank you so much Gromit!
The use of real-life examples to explain the theory and models is exactly what is needed to get a deeper understanding of how to apply the models, rather than just aimless jargon and theory.
Thanks again.
Hello Gromit,
I can only hear but can’t see the note board. Before today, I successfully listen to lectures until now . It shows only a blank green page please what do I do? I tried explorer already but lecture clip is blocked.
Thank you
Try google chrome (and turn off any ad blocking software)
Can you not use a different format of file, as youtube is blocked on my pc?
Do you have past exam papers mentioned in notes as ACCA’s website only has them up from June’11.
Try this link
https://accastage-2104180949.eu-west-1.elb.amazonaws.com/hk/en/studentMoveTest/study-support-resources/professional-exams-study-resources/p5/past-exam-papers.html
Link needs Password
Very good
Very good lecture, very well explained, I must say, and the emphasis on how to approach the model was excellent. Thank you..
new topics are not briefed as required .. also there should be bullet points explanation for topics like ( Burns and Scapens theory .. technology, Mgt structure, competition)
The lectures and material are pitched at a level we think appropriate for the topic (and other comments on this page are positive). If you feel you need more you can buy a BPP text here:
https://www.bpp.com/lm-product-details/lmproddetails/3708
Your answers sometimes are very cross Gromit.
thank u ,u have opened my eyes I didn’t u stand how to analyse models
Very helpful. Thank you.
Pls how can I download this so I can listen to them offline
very helpful
Video is straight to the point. Saves me the trouble of dozing off on lengthy text book explanations. Awesome stuff!
very helpful. indeed. thanks
Great lectures but I suggest that respected teacher should look larger on screen, its difficult to focus in small corner.
make a video full screen 🙂
I know I’m handsome, but it more important to concentrate on the rest of the screen than on me 😉
Such modesty! Exceeded only by your good looks 😉
Sir! Can I marry you?
I think you are better off with just a small version somehow 🙂
Well expressed lecture. Than you
good explaination , thank u.
Have you any helpful material/notes of SBM advanced stage. The books are so lengthy.