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Strategic change

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Strategic change

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by Muslim Farooque.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • September 2, 2016 at 10:36 am #337025
    Muslim Farooque
    Member
    • Topics: 190
    • Replies: 134
    • ☆☆☆

    are strategic change and process change one in the same? and hence harmons process startegy mix and incremental,big bang model for one in the same thing?

    thanks

    September 2, 2016 at 10:40 pm #337171
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    Process change is usually detailed, such as how can we improve how orders are processed. Strategic change is more fundamental such as changing form a cost leader to a differentiator or deciding to start selling to foreign markets.

    The models answer different questions. Harmon’s suggests how processes should be carried out; incremental etc looks at the scope and nature of the change and really zeroes in on risk (big bang being the riskiest).

    September 3, 2016 at 8:48 am #337234
    Muslim Farooque
    Member
    • Topics: 190
    • Replies: 134
    • ☆☆☆

    thanks alot sir u cleared up a major confusion!

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