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Level 7 Diploma in Accounting and Finance

Organisational Culture in Strategic Formulation

AF704 · Strategic Financial Management — Week 9 of 16

CourseAF704
Week9 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Organisational Culture in Strategic Formulation

  1. Johnson and Scholes' Cultural Web
  2. Handy's cultural typologies
  3. Alignment of corporate culture with strategic goals
  4. Cultural barriers to financial strategy execution
  5. SBL Topic Explainer: Cultural Web
  6. Lecture 08: Corporate Culture
  7. Organisational Culture

What you will be able to do

  • 4.1 Explain the role of culture in creating a strategy.
  • 4.3 Analyse the role and effect of culture on change management.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the role of culture in creating a strategy.

Study materials

Videos

  • SBL Topic Explainer: Cultural Web · YouTube · ACCA Student Study Resources · 12 min · for registered students
  • Organisational Culture · YouTube · Galton College · 24 min · for registered students
  • Corporate culture - ACCA Strategic Business Leader (SBL) · YouTube · OpenTuition · 18 min · for registered students
  • CIMA E3 Change management and culture · YouTube · OpenTuition · 34 min · for registered students
  • SBL Topic Explainer: Change Management · YouTube · ACCA Student Study Resources · 28 min · for registered students
  • Introduction to Organisational Culture · YouTube · Galton College · 44 min · for registered students

Further resources

  • Organizational Behavior, ch. 15: Organizational Culture · PDF · Saylor Academy, textbook chapter; pp. 640–697 · for registered students
  • Organizational Behavior, ch. 15: External and Internal Organizational Environments and Corporate Culture · PDF · OpenStax, textbook chapter; pp. 437–468 · for registered students
  • MIT OpenCourseWare 15.320 Strategic Organizational Design (Spring 2011) · Reading · MIT OpenCourseWare, course · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
MidtermWeek 10
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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.

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Course plan
  • Week 1: Strategic Financial Environment and Resource Allocation
  • Week 2: Key Financial and Capital Structure Theories
  • Week 3: Strategic Implementation and Portfolio Management
  • Week 4: Stakeholder Analysis and Corporate Governance
  • Week 5: Business Expansion and Stakeholder Impact
  • Week 6: Risk, Return, and Capital Investment Appraisal
  • Week 7: Corporate and Business Valuation Techniques
  • Midterm: Midterm evaluation
  • Week 9: Organisational Culture in Strategic Formulation
  • Week 10: Change Management and Cultural Dynamics
  • Week 11: Financial Analysis and Performance Measurement Systems
  • Week 12: Applying Strategic Financial Management in practice: case s…
  • 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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