P5DMALC1-1
‘Strategy in different contexts’ by Kevan Scholes. The video covers key strategic management models, concepts and frameworks. It applies SWOT Analysis, PESTLE analysis and Porter’s five forces to the strategies of 3 different business entities.
Table of Contents
- Tutorial Video
- Reading Materials
- ‘What is PESTLE analysis? A tool for business analysis’ from the Pestle Analysis website
- ‘Porter’s Five Forces: Assessing the balance of power in a business situation’ from the Mind Tools website
- ‘Strategic Planning: A worthwhile process?’ written by Nancy E. Lins
- ‘Balanced scorecard’ from the Business Balls website
- ‘FT Essential Guide to Developming a Business Strategy: How to use strategic planning to start up or grow your business’ by Vaughn Evans, published by Financial Times Series 2013
- Presentation
- Good Practice Example
- Good Practice Example
- Interactive Quiz
- Evidence Opportunities
- Extended Learning
- ‘The macro, the meso and the micro’ is an article produced by the Sustainable Practices Research Group.
- ‘Exploring Strategy’ by G Johnson, K Scholes, R Whittington. D Angwin and P Regnér. Published by Pearson, 10th Edition 2013. This books offers information about ‘The strategic position’, ‘Strategic choices’ and ‘Strategy in action’. NB You should be able to borrow this from your library.
- Find and read ‘The strategy workout: The 10 tried and tested steps that will build your strategic thinking skills’ by B Ross and C Segal. Published by Pearson Business 2015. NB You should be able to borrow this from your library.
- Think And Challenge
- It is rare that there is just one way to respond to a scenario or situation, so do not consider that the response you have chosen to this scenario will be judged as right or wrong. Share your scenario with a work colleague and ask them to tell you if they think you have responded appropriately. Ask them to challenge your response if necessary. You do not need to submit this task for assessment unless asked to do so by your tutor.
Laser Learning Ltd.
Academy House, 3 Langley Quay,
Waterside Drive, Langley,
Berkshire, SL3 6EY