
In this video will understand what it means to be a leader and to think strategically. We will also discuss the five professional skills you will need as a strategic business leader.
This lecture will teach you everything you need to know about strategic planning, the three stage planning model and process, the four phases of siege of drift and how to avoid strategic drift.
You will understand how to strategically analyse an organisation through the use of 6 fundamental models: PESTEL analysis, 5 Forces Analysis, Porter's Diamond, Strategic capabilities, Value chain analysis, SWOT analysis.
Quantitative analysis involves the use of numerical data and statistical techniques to understand and analyse business processes and outcomes.
Benchmarking involves comparing an organisation's performance to that of other organisations in order to identify areas for improvement.
Baldridge performance excellence is a framework used to evaluate and improve organisational performance in areas such as leadership, strategic planning, customer focus, and process management.
You'll have an understanding of making strategic business choice. I
This includes competitive strategies using models such as the 'strategy clock'.
We'll also discuss key elements of successful competitive strategies, from both a critical success factors and key threats perspective.
I'll explain business growth strategies including Ansoff matrix.
In addition we'll discuss strategic business evaluation using Johnson, Scholes & Whittington's framework.
1. Understand for the four main methods of strategic development
2. Be able to use the BCG matrix as part of portfolio analysis from a company perspective & public sector organisation
3. Understand the Ashdridge portfolio display model.
An overview & key concepts of corporate governance
Agency theory, stakeholder theory and stakeholder claim
Rules VS principles based approach to corporate governance
Family structure and dominated structures
social responsibility including corporate social responsibility,
social responsiveness including Carol's for suggested strategies,
stakeholder theory,
managing stakeholder relations including Mendelow's stakeholder mapping metrics, corporate citizenship
Why leadership is important
How to be a successful leader
The difference between leadership and management
The difference between intrapreneurship and entrepreneurship
The different types of leadership
the roles and responsibilities of the board of directors,
roles and responsibilities of non-executive directors,
advantages and disadvantages of non-executive directors on the board,
the differences between the responsibilities of a chairman and CEO,
reasons for splitting the role and reasons against splitting the roles,
the importance of board committees (include the main activities and responsibilities of the nominations committee, remuneration committee),
components of directors remuneration package,
components of a non-executive directors remuneration package
This ACCA SBL course is taught by a Fellow of the ACCA, an Amazon bestselling author, seasoned and experienced tutor who has helped many students pass their SBL exam!
Adam also has many years experience consulting for start-ups and investment banks.
Enrol onto this proven course that will help you learn all the key elements of the ACCA SBL syllabus.
Get taught in an informal but informative way! No ties, shirts or fancy typical lectures suits.
Adam has written an Amazon bestselling book based on the ACCA SBL module: 'Becoming A Strategic Business Leader: The Ultimate All-In-One Guide' - so you're in great hands!
Find out:
secret tips on how to pass SBL,
the expectations set by the examiner,
the best time management structures for answering examination questions,
recommended writing styles
Enrolling onto this course, will give you access to the 25 videos (with captions) & valuable resources!
Includes including an additional EXCLUSIVE section outlining:
common topics that are asking previous examination questions,
common questions that are asked and any new topics that have been added to the syllabus
exclusive access to a members-only group to continue your learning
All videos have English captions embedded.
CONTENT:
1. Exam technique & an overview of the strategic business leader exam:
An overview of the exam itself coupled with an explanation on what it means to be a Leader from a Strategic & Business element.
2. Strategic planning:
Why strategic planning is important, and the process strategic planning with an overview of the JSW (Johnson, Scholes and Whittington model) and an understanding of strategic drift.
3. Strategic analysis:
We'll cover 6 models including PESTEL analysis, Porters' 5 Forces, Porters diamond, strategic capabilities, value chain analysis and SWOT analysis.
4. Performance analysis:
An understanding of the difference between CSF's (critical success factors) and KPI's (key performance indicators). Financial ratios such as profitability ratios, efficiency ratios, liquidity ratios, gearing ratios, and investor ratios.
5. Strategic choice:
How to perform better than company rivals and competition, how to grow a company and choosing the best option for strategic growth.
6. Strategic development:
Exploring the main methods and options for strategic development, from organic growth, acquisition, JV's, Partnerships, Strategic Alliances & Franchises. Analysis on portfolios using the BCG matrix & Ashdridge portfolio model.
7. Governance:
Explaining what corporate governance means, the different varieties of company ownership and control including agency theory stakeholder theory and stakeholder claim. Principles of international corporate governance network (ICGN) codes. A comparison of the principal based approach to the rules based approach of governance.
8. Stakeholder responsibility and corporate social responsibility (CSR):
Learn how to apply the Mendelow model analysis to strategy & governance. Critically analyse stakeholder power and interest alongside the roles claims and interest stakeholders may have. Exploring social responsibility within governance.
9. Successful leadership:
Understand what's makes an effective leader and what leadership styles are required for a strategic change. The differences between what a leader and culture is. Discussing the concept of entrepreneurship and 'intrapreneurship'.
10. The board of directors:
Explaining what's the roles of the board of directors, non-executive directors, chairman, CEO, both committees, remuneration committees and the most efficient way to remunerate the roles for maximum performance.
11. Reporting:
Will be touching on integrated reporting, social and environmental reporting, sustainability, general principles on disclosure and the role of institutional investors.
12. Internal controls & internal audit:
You will be able to understand everything about internal controls to minimise risks such as fraud. The role of auditors - both internal and external.
13: Risk:
Identifying, assessing, measuring risk in the workplace. The importance of the COSO ERM (enterprise risk management) framework matrix. Everything about managing, monitoring and mitigating risk.
14. Professional ethics:
You will gain an understanding of what professionalism means in practice whilst considering the public interest whilst considering the corporate codes of ethics.
15. Organisation structure:
Organising a companies structure to generate the best success for strategy. Will also be looking at main types of structures, Harmon's processs strategy matrix & Mintzberg's building blocks.
16. Information technology
Analysis of e-businesses, cyber security, system security controls and safeguarding of information. You will have a general understanding, the implications of use and how to use them successfully: big data, Fintech, cryptocurrencies, the cloud, smart technology, artificial intelligence, robotics, machine learning.
17. Online marketing:
You will have an understanding of market segmentation the seven peas the six eyes and the importance of branding and online marketing.
18. Project management:
Explanation of the project life-cycle, and everything project management from; risk analysis, planning, documentation, control, review.
19. Financial decision making:
The various options on raising finance, breakeven analysis, investment appraisal, budgeting and other quantitive analysis including variance analysis.
20. Managing change:
Understanding the types of change, being able to influence a culture of change, the various types and styles of change management, the change kaleidoscope and POPIT model.
Includes other employability and digital skills.