Lists of topics/models for P3 exam

Hi Guys,

I passed P3 with 69 marks and here are the complete lists of topics/model I studied for this exam. So I just wanted to share with you guys before deleting from my PC. Hope this will help you guys and good luck for your upcoming exams.

*****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

*****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)

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

*****Competition and markets****
Industry life cycle
Porter’s 5 forces

***** 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

*****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

*****Strategic choice****
Johnson & Scholes- strategic rationale – ways head office can create value in each business they own —> portfolio 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

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

***** Marketing******
Marketing mix (7 Ps)
CSF and KPIs

*****Business process****
Rummler and Brache- Gaps and disconnecting
Harmon’s process- strategy mix

– *****E business*****
6 stages of using IT (initiation, contagion, control, integration, data administration, maturity).
Supply chain: upstream, downstream
6Is for e-marketing
customer life cycle

*****People in organization*****
Organizational structure (functional, divisional, matrix)
Mintzberg structural configuration (ideology, strategic apex, middle line etc)

*****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

******Change and development*****
Balogun & Hope Hailey – contextual features for stakeholders to consider 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)