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Level 5 Diploma in Accounting and Business

Strategy Development Approaches

AB501 · Principles and Concepts of Business Strategy — Week 3 of 16

CourseAB501
Week3 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Strategy Development Approaches

  1. Rational and deliberate planning models
  2. Emergent strategy formation
  3. Logical incrementalism
  4. Stakeholder influence in strategy development
  5. Leading Strategy Paper Series: Mintzberg and Waters 1985 Of strategies, deliberate and emergent
  6. CIMA E3 Strategic planning models
  7. CPA Rational Versus Processual

What you will be able to do

  • 1.4 Explain strategy development processes.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain strategy development processes.

Study materials

Videos

  • Leading Strategy Paper Series: Mintzberg and Waters 1985 Of strategies, deliberate and emergent · YouTube · Glenn Parry · 21 min · for registered students
  • CIMA E3 Strategic planning models · YouTube · OpenTuition · 32 min · for registered students
  • CPA Rational Versus Processual · YouTube · KnowledgEquity - Support for CPA · 4 min · for registered students

Further resources

  • Mastering Strategic Management, ch. 1: Mastering Strategy: Art and Science · PDF · Saylor Academy, textbook chapter; pp. 4–36 · for registered students
  • Principles of Management, ch. 9: The Strategic Management Process: Achieving and Sustaining Competitive Advantage · PDF · OpenStax, textbook chapter; pp. 261–284 · for registered students
  • Principles of Management, ch. 5: Strategizing · PDF · Saylor Academy, textbook chapter; pp. 173–232 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Foundations of Business Strategy
  • Week 2: Hierarchy of Business Strategy
  • Week 3: Strategy Development Approaches
  • Week 4: Organisational Theories in Strategic Management
  • Week 5: Typologies of Business Strategy
  • Week 6: The Strategic Management Process: Environmental Analysis
  • Week 7: The Strategic Management Process: Execution and Control
  • Midterm: Midterm evaluation
  • Week 9: Conceptualising Strategic Options
  • Week 10: Comparing Growth Vectors and Strategic Options
  • Week 11: Recommending Strategic Options
  • Week 12: Applying Principles and Concepts of Business Strategy in pr…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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