1. ACCA P3 QBD
September 2016 exam

2. The QBD exam Question 1 Analyse competitive environment – 5 forces
Contribution analysis calculations
Strategy evaluation
What needs to change – POPIT / 4 view 15 4 15 12
Question 2
PV calculations and comments
Project drivers / investment objectives
Benefits management process 8 6 11

3. The QBD exam Question 3 Value chain 13 Supply chain management 12
Business change lifecycles
4P’s 13 12
Question 5
Problems facing business
Disposal of a subsid 13 12

4. Best scripts Overall really good
Structure – headings – driven by question
Answering all parts of the question
Using numbers / other information in the question
Doing some analysis
Developing points - why? – So what?
Linking relevant points together
Legible

5. Where does strategy come from?
Choice of model
Rational / Traditional
Top down
Planning process
Emergent
Use core competences
Incremental
Small change to past
JSW
Strategy lenses
Design
Experience
Ideas
Where does strategy come from?

6. SWOT Choice of model External PESTEL Analyse position Internal
Resource audit
Market attractiveness
Porter’s 5 forces
International competition
Porter’s Diamond
Factor condition, demand conditions, supporting industry, structure + rivalry

7. CSF Choice of model Threshold resources, competences
Competitive advantage
Unique resources, core competences
CSF
Cost lead v Differentiate v Niche
Porter’s Value Chain

8. TOWS Ansoff Choice of model Devising strategies Market penetration
Existing product
New product
Market penetration
Product development
Existing market
New market
Market development
Diversification

9. JSW Choice of model Evaluating strategies Suitable Feasible Acceptable
Fits the environment
Plays to strengths
Synergies?
Consistent?
Acceptable
To stakeholders
Level of risk
Return
Ethical issues?
Feasible
Can we do it?
Resources
Capabilities
Timescale
Funding

10. Value adding opportunity
Choice of model
Portfolio analysis
High
Heartland
Ballast
Ability to add value
Alien territory
Value trap
Low
Low
High
Value adding opportunity

11. Choice of model Portfolio analysis BCG Market growth Low High High
Cash cow
Star
Market share
Dog
Problem child
Low

12. or Choice of model 4 P Product, Price Promotion, Place
Traditional marketing mix
Traditional 4P +
3 more Ps
People, process, physical evidence
E marketing or 6I
Interactivity, integration, intelligence
Individualised, independence of location, industry structure

13. Choice of model
Building and sustaining long term business with customers
Customer lifecycle
Selection
Acquisition
Retention
Extension

14. Choice of model Outsourcing BPR Strategic importance Low High High
Outsource
BPR
Complexity
Cheapest
In-house Automate
Low

15. Choice of model Cost Project constraints Time Scope
Likelihood
Low
High
Project risk management
Low
Accept
Reduce
Impact
Transfer
Avoid
High

16. Choice of model Observable Measurable Project benefit types
Quantifiable
Financial
Project benefit types
Business objectives
Scope – deliverables
Constraints / targets
Roles / responsibilities
Resources
Risks / assumptions
Project initiation document

17. Choice of model Business change lifecycle
Realising benefits from a project
Align – determine type of change needed
Define – create a project
Design – go into detail on changes
Implement – design into action
Realise – assess if alignment was achieved

18. Choice of model Cost Factors to consider when raising finance Gearing
Control
Security
Cash flow
Availability
Exit route
Factors to consider when raising finance

19. Choice of model 4Cs HR management Commitment Competence Congruence
Cost effectiveness
HR management

20. Choice of model Change POPIT / 4 view Kaleidoscope People Time
Organisation
Process IT
Kaleidoscope
Time
Scope
Preservation
Diversity
Capability
Capacity
Readiness
Power

21. Choice of model Type of change Extent Transformation Realignment
Incremental
Evolution
Adaptation
Speed
Revolution
Reconstruction
Big bang

22. Organisation structure
Reasons
Job factors
Personal factors
Social factors
Choice of model
Resistance to change
Organisation structure
Power structure
Control systems
Routines and rituals
Symbols
Stories and myths
Cultural paradigm
Cultural web

23. Choice of model But often the best model of all …………..
Do what the question says…..