Cover 50% Strategic Business Leader Syllabus within one hour.
0:11 - How to pass SBL in simple steps
Analysis Phase:
0:41 - Focus on position audit (SWOT analysis)
0:47 - Corporate strategy – group-level decisions
Strategic Choices:
1:01 - Determining business direction (Ansoff Matrix)
1:18 - Methods for growth
1:29 - International expansion considerations
Implementation Phase:
1:47 - Implementing strategy (two key areas)
1:53 - Project management as part of implementation
2:00 - Managing change and leadership culture
2:07 - Project management as starting point
2:12 - Change management – appropriate culture and leadership
2:20 - Culture and leadership importance
2:25 - Corporate governance focus
2:30 - Board of directors' role and stakeholder relationships
Risk Management:
2:44 - Risk management linked to internal controls
2:49 - Importance of internal control systems
2:56 - Corporate reporting issues (Integrated and sustainability reports)
3:02 - Examples – audit schemes, integrated reports
Key Business Functions in Implementation:
3:21 - IT department’s role in strategy
3:27 - Marketing department considerations
3:33 - E-procurement and supply chain management
3:45 - Supplier relationship focus
3:51 - Talent management and HR focus
3:56 - Information technology’s impact
Syllabus Overview:
4:07 - General syllabus understanding
4:27 - Importance of strategic analysis
Strategic Analysis Breakdown:
4:35 - Analyze business position before making choices
4:43 - Stage 1 – Strategic analysis phase
4:48 - Two areas in strategy setup
4:53 - Audit current position (SWOT)
4:59 - SWOT
5:11 - Internal business audit focus
Internal Analysis:
5:16 – Focus on internal resources and competencies
5:21 – Evaluate available resources (staff, materials)
5:32 – Competency as a strategic asset
5:39 – Combining resources and competencies = Strategic capability
5:53 – Beating competitors = Competitive advantage
5:59 – Analyzing business competitive advantage
6:14 – Find resources and competencies to sustain advantage
6:22 – ACCA RIN model for competitive advantage
6:46 – RIN = Value, Rarity, Imitability, and Non-substitutability
7:01 – Achieve competitive advantage through cost leadership
7:09 – Product differentiation and unique offerings
7:15 – Lock-in strategy – Becoming industry standard (Microsoft example)
Value Chain Analysis:
7:53 – Porter's Value Chain – Primary vs. Secondary activities
8:07 – Primary activities: Marketing, sales, and after-sales services
8:32 – Secondary activities: HR, technology, infrastructure
8:40 – Staff and operational efficiency assessment
Pricing and Value Relationship:
8:58 – Strategic clock – Linking product value to pricing
External Analysis (Opportunities & Threats):
9:43 – Analyze external environment (macro and micro)
9:50 – Micro environment – Industry profitability focus
10:03 – Use Porter's Five Forces for profitability assessment
10:16 – Porter’s Five Forces (CCCSS: Competitors, Customers, Suppliers, Substitutes)
Macro Environment Analysis:
10:48 – Use PESTEL model (Political, Economic, Social, Tech, Environmental, Legal)
International Expansion:
11:30 – Porter’s Diamond Model
12:52 – Drift stages (Little market change → Misaligned response → Revenue decline)
Avoiding Strategic Drift:
14:13 – Build a learning organization
15:02 – Scenario Planning:
Corporate Strategy:
15:48 – Corporate strategy at group level
BCG Matrix:
18:11 – Boston Consulting Group (BCG) Matrix for subsidiaries
Strategic Choices:
20:06 – Turn business into a cash cow (growth strategies)
20:12 – Increase marketing for Question Mark products
20:26 – Divest failing products
Growth Directions (Ansoff Matrix):
21:03 – Growth directions: Market penetration, development, and diversification
Growth Methods:
23:33 – Organic growth, M&A, strategic alliances
24:07 – M&A to bypass entry barriers
24:18 – Alliances and licensing for shared growth
International Expansion Methods:
25:32 – Exporting, overseas production, joint ventures
26:27 – International business models (Global, Transnational, Multinational)
Strategic Evaluation (SFA Test):
29:52 – Suitability, Feasibility, Acceptability (SFA) Test
30:13 – Strengths, Weaknesses, Opportunities, Threats (SWOT)
30:49 – Assess risk from stakeholders (Mendelow’s Matrix)
Implementation (Project Management):
32:35 – Implementation through project management
33:16 – Project cycle – Initiation, planning, execution, closure
34:09 – Project initiation – Business case and risks
35:22 – Closure – Post-project review
Stakeholder Management:
38:00 – Key stakeholders – Project sponsor and manager
39:26 – Sponsor’s strategic role vs. Project manager’s operational role
Change Management:
41:06 – Types of change: Incremental, Evolutionary, Reconstruction, Revolutionary
Change Success Factors:
44:23 – PRIDE ACC model (Pressure, Resources, Innovation, Decision, Execution)
Process Management:
46:37 – Harmon’s Process Matrix
48:25 – Redesign options