Hi,
I produced a word file a while ago, which I've pasted below, which contains summaries of various models and other details relevant to P3. I printed them off, cut them into individual notes, then wrote on the back of each one what it relates to, so I can test myself. I just thought I'd offer them here in case these are useful for anyone else. If anyone has any other ideas of stuff I can test myself on I'd be very grateful!
Johnson, Scholes and Whittington (JS&W) – defining elements of strategic management
• Strategic position
• Strategic choices
• Strategy into action (implementation)
JS&W three strategy lenses
• Strategy as design
• Strategy as experience
• Strategy as ideas
Pestel
• Political
• Economic
• Socio-cultural
• Technological
• Environmental
• Legal
Porter’s Diamond
• Firm strategy, structure, rivalry
• Demand conditions
• Related and supporting industries
• Factor conditions
Porter’s five forces framework
• Barriers to entry
• Substitute products
• The bargaining power of customers
• The bargaining power of suppliers
• Competitive rivalry
Lifecycle model
• Inception
• Growth
• Shakeout
• Maturity
• Decline
Marketing Mix
• Product
• Price
• Place
• Promotion
• People
• Processes
• Physical evidence
Porter’s Value chain
Primary Activities
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
Support Activities
• Firm infrastructure
• Human resource management
• Technology development
• Procurement
SWOT analysis
• Strengths
• Weaknesses
• Opportunities
• Threats
TOWS Matrix
• SO strategies employ strengths to seize opportunities
• ST strategies employ strengths to counter or avoid threats
• WO strategies address weaknesses so as to be able to exploit opportunities
• WT strategies are defensive, aiming to avoid threats and the impact of weaknesses
Cultural Web (paradigm)
• Stories
• Symbols
• Power structures
• Organisation structures
• Control systems
• Rituals and routines
Integrated Reporting
• Financial capital
• Manufactured capital
• Intellectual capital
• Human capital
• Social and relationship capital
• Natural capital
JS&W’s three strategic rationales for corporate parents
• Envisioning corporate intent
• Intervention to improve performance
• Provision of services, resources and expertise
Boston Consulting Grout Matrix
• Stars
• Question marks
• Cash cows
• Dogs
Public sector portfolio matrix
• Public sector star
• Political hot box
• Golden fleece
• Back drawer issue
Ashridge portfolio matrix
• Heartland businesses
• Ballast businesses
• Value trap businesses
• Alien businesses
The strategy clock
• Price-based strategies (no frills / low price)
• Differentiation strategies (hybrid / focused differentiation)
• Failure strategies
Ansoff’s Matrix (product market mix)
• Market penetration
• Product development
• Market development
• Diversification
Balogun and Hope Hailey’s matrix
• Incremental/Realignment - Adaptation
• Incremental/Transformation - Evolution
• Big bang/Realignment - Reconstruction
• Big bang/Transformation - Revolution
Contextual Features Model
• Time available
• Preservation
• Diversity
• Capability
• Capacity
• Readiness
• Power
• Scope
6 I’s of marketing
• Independence of location
• Industry structure
• Interactivity
• Individualisation
• Integration
• Intelligence
7 p’s of E-marketing
• Product – or customer value
• Price – or customer cost
• Promotion – or customer communication
• Processes
• Physical evidence
• People
• Place – or customer convenience
Job Design
• Scientific management
• Human relations / job enrichment
• Japanese model
• Re-design
Objectives (SMART)
• Specific
• Measurable
• Achievable
• Relevant
• Time-limited
Balanced Scorecard
• Financial perspective
• Customer perspective
• Internal business perspective
• Innovation and learning perspective
Types of diversification
• Backward vertical integration
• Conglomerates
• Horizontal
• Forward vertical integration
Four Views Model (POPIT)
• People
• Organisation
• Processes
• Information Technology
Harmon’s Grid
• Low complexity/low strategic importance – automate/outsource
• High complexity/low strategic importance – outsource
• Low complexity/high strategic importance – automate
• High complexity/high strategic importance – BPR and improvement
Projects and Strategic Plans
• Start date
• Duration
• Finish date
• A relationship to other projects: after some, before others etc
• A cost
• A person responsible
• A closely defined set of outcomes
Stages of a Project
• Initiation/initial screening
• Risk assessment
• Business case
• Project plan
• Executing
• Monitoring and controlling/project milestones
• Closing: delivery/review
Project Initiation Document
• Defines the project, its scope and its deliverables
• Justifies the project: cost/benefit analysis; risk analysis
• Secures funding for the project, if necessary
• Defines the roles and responsibilities of project participants: sponsor, manager team
• Gives people the information they need to be productive and effective right from the start: assignments, schedule, human resources, project control, quality control
The Project Manager
• Leadership abilities, including the ability to motivate
• Technical ability in running projects and in the subject matter
• Negotiation ability to negotiate with project sponsors (those who are paying), project team members and suppliers
• Reporting on progress and difficulties
• The ability to stay calm in a crisis
• Excellent communication
• Ability to delegate to team members
The Project Team
• Are fairly small
• Are united in what they want out of the project
• Have the right mix of complementary skills
• Have the right mix of personalities
Scenarios
1 Decide on the drivers for change
2 Bring drivers together into a viable framework
3 Produce seven to nice mini-scenarios
4 Group mini-scenarios into two or three larger scenarios
5 Write the scenarios
6 Identify issues arising
Mintzberg’s Steriotypical Configurations
1 Simple (entrepreneurial) structure
2 Machine bureaucracy
3 Professional bureaucracy
4 Divisional form
5 Adhocracy
6 Missionary organisation
Project Benefits
• Observable
• Measurable
• Quantifiable
• Financial
Methods of Growth
• Organic growth
• Acquisitions and mergers
• Joint ventures
• Franchising
• Alliances
Procurement
Involves locating items of the right
• Price
• Time
• Quality
• Quantity
• Source
Tannenbaum and Schmidt Managerial Style
Authoritarian/task orientation ---------------------------------Democratic/relationship orientation
Blake and Mouton’s Managerial Grid (concern for people/concern for production)
1.1 impoverished
1.9 country club
9.1 task orientated
9.9 team
5.5 middle of the road
Theory X and Theory Y
X Dislike work, need to be coerced, controlled, directed and/or threatened. Close supervision, carrot and stick
Y Physical and mental effort is as natural as play or rest. Motivated to seek challenge and responsibility. Manager consultative, facilitating, positive feedback, challenge and responsibility as motivators.
ACCA Forums
SBLsummary of models and other stuff
Very helpful thank you!
Fab thanks
Very good. Thanks
My pleaure!
Thanks!
Now I passed P3, if anyone (preferably in the UK) would like my printout of the above I'd be happy to post it to you.
I also have a printout of the P3 Open Tuition notes I can send.
Hi Neilsolaris could you please send me the print out...thanks in advance
Hi onejaq. Sure, I can send it to you (providing you're in the UK or somewhere where it won't cost much!). Is it just the above you'd like? Maybe you could send your address to me in a private message.
hi neilsolaris
can you advise me what study text should i use for p3 kaplan or bpp kit?
how did you study for p3?
Too good.Thanks neilsolaris.
Thanks. Is helpful.
Sorry for the delay in replying, I only just read this thread again now.
Gungah, I can't really advise which study book is better, because I only used BPP, not Kaplan. For P3 I read the BPP study text, watched the lectures here, and practised or read the questions in the BPP revision kit. I didn't get a particularly high pass mark, so others may be better to advise you.
Regarding the printout of the models and notes, it was a hard copy, which I have already posted to onejaq. If you need a print out of the P3 Opentuition notes, you simply download it from this site! If you need to print off the above, you can highlight and copy it, then print "selection", or paste it onto a word file and print it off. I can email it to you if you want me to, but I don't think it's necessary!
Sorry Liew, I already posted it to onejaq.
this is awesome <3
thank u bro !!!
My pleasure Bill!
Thanks alot!
This is amazing! Last minute cram time.
Thank you Neil SO much for this summary.
It helped a tremendous amount. Sat the exam in December and passed!
Thank you very much for the summary
Thanks. What a guy you are!
This is helpful. Bringing this up in case anyone is interested.
Thanks, palmy I was indeed looking for this, as I printed it last sitting, unfortunately got 46, so need to retake, but a great summary tool to have on the go, and keep memorizing it. Thanks Neil!
Egzaminas, have also a look at the List of P3 Models posted by Sephora1. Hth.
neilsolaris, thank you! Very helpful!
Neilsolaris, you are a star!!! Thank you so much!!!
This is truly awesome both Neil and Palmy!
You're very welcome, and I'm glad that it's still coming in useful!
Hi,
Thanks for the summary of the models! As the summary was posted back in 2015, can anyone tell me if there are any more models to add?
Kind regards!
Thanks neilsolaris! This is actually what I intend to do but you help me save more time. Amazing <3
Neilsolaris,
Just want to say thanks a lot for this . It was very kind of you to post and I hope the gesture brought you luck !
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