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2014 Adv Dip IPFM BS Syllabus
2014 Adv Dip IPFM BS Syllabus
MANAGEMENT
SYLLABUS
BUSINESS STRATEGY
MODULE PROFILE
For examinations in 2014, the Business Strategy (BS) module applies to both the
CIPFA Professional Qualification (PQ) and the CIPFA Advanced Diploma in
International Public Financial Management (Adv Dip IPM). The module is designed to
provide the candidate with the necessary knowledge and skills to develop service
provision strategies for organisations, with particular emphasis on strategies for
organisations in the public services. The module also focuses on the implementation
of strategy in delivering planned levels of public, community and social value. The
module reviews and evaluates modern methods of management and organisational
vehicles used to deliver services to the public.
LINKAGES
This module is linked to the Business Management and Financial Management
modules1, which provide candidates with the knowledge and skills to develop an
organisations strategy. The module is also linked to the Strategic Leadership
module, which develops candidates practical skills in executing an organisations
strategy, and to Strategic Financial Management.
The equivalent modules in the IPFM programme are Managing Organisations and Managing
Finance.
Overall aim
(%)
20
15
25
25
15
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Applicable to examinations June and December 2014
Syllabus
Overall aim
Learning outcome
Prepare and
evaluate external
and internal
environmental
analyses to support
strategy
development
Environmentally-driven strategy
Systems-based approach
Resource-based approach
Core competences-based approach
Rational strategy
Adaptive, emergent strategy
Incremental strategy
Freewheeling opportunism
Creative strategy (innovation)
Learning organisations.
PESTLE analysis
Scenario plans
Porters diamond
Stakeholder mapping
Porters five forces.
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Applicable to examinations June and December 2014
Strategic capability
Resource audit financial, physical, human and intangible
Core competences.
Suitability
Acceptability
Feasibility
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Applicable to examinations June and December 2014
Simple structures
Functional structures
Divisional structures
Matrix structures
Corporate group structures
Hybrid/intermediate structures.
Strategic alliances
Shared services
Shared management teams
Pooled budgets
Outsourcing
Joint ventures
Franchising
Licensing
Arms length bodies
Mergers & acquisitions
Consortia
Networks.
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Applicable to examinations June and December 2014
Explain the
arrangements
required for an
efficient and
effective
implementation of
an organisational
strategy to deliver
planned levels of
community and
public value
[END OF SYLLABUS]
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Applicable to examinations June and December 2014