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Dear tutor,
I have few questions:
1) Why is it so that in the model anwsers, the model or matrix is never shown as a chart (two axes) or a table like it is in the text book.
For example: Harmon’s process strategy matrix.
I always draw it for myself and then write a few comments on each quadrant.
But when I check the answer it is pure text that explains how it would be drawn, what are the axes, what are the quadrants.Should I also do it the same way? Am I loosing any marks by making the model visual (like value chain, BCG, 5 forces, etc).
2) If I forget the surname of the model creator (like Porter or JSW) does the marker peanalizes me for confusing the name of the model?
Is it better to skip the name/surname at all?Thanks for opinion 🙂
Julian from LT
I think drawing a simple 4-quadrant diagram is helpful when answering the question, if only to focus your thoughts on the model. Don’t explain the model, but you could assign items from the question onto it eg what might be usefully outsourced in Harmon. I don’t know what you mean when you say you ‘write a few comments on each quadrant’. As I said above, don’t explain it: use it. A BCG diagram is also useful because the axes mean something.
However, I don’t think a 5 forces diagram is at all useful: 5 forces is simply a list and can be in any order. The conventional depiction like a 5 on a dice doesn’t help understanding.
Value chain is also really two lists (primary and support) and can take a while to draw neatly.
If you can’t remember the name of a model just use it eg calling it the process strategy matrix rather than Harmon’s process strategy matrix. If you can’t remember anything about the name, use it anyhow.
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