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Level 5 Diploma in Accounting and Business

The Strategic Management Process: Execution and Control

AB501 · Principles and Concepts of Business Strategy — Week 7 of 16

CourseAB501
Week7 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

The Strategic Management Process: Execution and Control

  1. Strategic implementation architecture
  2. Balanced scorecard design
  3. Strategic control systems
  4. Change management in strategy execution
  5. Strategy Implementation and Control
  6. Leading Strategy Paper Series: Kaplan and Norton 1992 "The Balanced Scorecard"
  7. Business Strategy 12 - Strategy Implementation: Strategic Projects & Initiatives

What you will be able to do

  • 2.2 Compare the elements of a strategic management process.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: compare the elements of a strategic management process.

Study materials

Videos

  • Strategy Implementation and Control · YouTube · Galton College · 12 min · for registered students
  • Leading Strategy Paper Series: Kaplan and Norton 1992 "The Balanced Scorecard" · YouTube · Glenn Parry · 13 min · for registered students
  • Business Strategy 12 - Strategy Implementation: Strategic Projects & Initiatives · YouTube · Ajarn Olli · 23 min · for registered students

Further resources

  • Principles of Management, ch. 15: The Essentials of Control · PDF · Saylor Academy, textbook chapter; pp. 566–607 · for registered students
  • Principles of Management, ch. 10: Organizational Structure and Change · PDF · OpenStax, textbook chapter; pp. 285–312 · for registered students
  • Principles of Accounting, Volume 2: Managerial Accounting, ch. 12: Balanced Scorecard and Other Performance Measures · PDF · OpenStax, textbook chapter; pp. 565–604 · 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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