Dear Sir
I am writing P3 in March or whenever the next exam is.
I have been listening to your lectures and just need confirmation from you of the following:
Pretty much the whole of strategic planning revolves around the rationale model and all the other models are really supporting models to parts of the rationale model.
The bits of performance management in the last few chapters are the choices and options
Am i correct or there abouts??
Regards
Richard
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In a nutshell
8y ago#1Broadly, yes.
The rational model is the most important one (though some dissenters say it is overblown and they prefer incrementalism). Models like PESTEL, 5 Forces, BCG, financial appraisal etc feed information into the rational model. Then generic and detailed strategies are chosen and implemented.
Project management, POPIT, change management, IT etc are more to do with implementation.
Thank you
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