Tips from Kaplan, BPP and LSBF for June 2010

Hi folks, here are some tips from BPP and Kaplan. Best wishes in your preparations
P3 Business Analysis

BPP says:

Internal/External analysis
• A core area of the syllabus and could be based around a number of key models all of which may be used to analyse the current position of the organisation. This could be the main part of your section A. The value chain and BCG matrix are included so make sure you are able to work with these models. Ensure that you can undertake analysis of a business’ current position and performance using ratios as this is increasingly an element of P3

Generation and evaluation of strategic options
• Leading on from an initial analysis of a business you may be asked to offer advice on the best options in light of the current position or having been informed of an issue an organisation is facing.

Project management
• Most business decisions result in projects being initiated. This is an important area of P3 and although we have seen this before there are a number of ways this area could be examined.

Business processes and Change management
• Although seen in previous sittings this could be part of a requirement. This could incorporate changes to both upstream and downstream supply chains.

Quality
• A popular area of the syllabus that has featured in a number of sittings. We have seen the key models examined in recent sittings. The importance of quality may see it included as a part requirement or underpinning a business decision.

Marketing
• Techniques and customer relationship could feature in section B. Competitive behaviour through lifecycle modelling could be an underpinning issue in either section A or B.

Stakeholders
• Identification of stakeholders has been examined previously although you may still see this as a part requirement.

Kaplan says:

• Strategy evaluation
• Environmental or internal analysis
• Business process change
• Marketing
• Organisation structure

LSBF says:

• Strategic analysis
• Strategic choice
• Marketing mix
• Reward management
• Change management