CA Intermediate – New Syllabus

Strategic Management

SM Memory Tricks
Summary
By CA Mohnish Vora (MVSIR)

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SM Summary CA Intermediate New Syllabus

SM Chapter 1 - Introduction to Strategic Management

S. No. Topic Memory Trick (MT)

Management is a set of inter-
1. Control MAD Goals
related functions & processes-
Strategy is the game plan that the
2. C2OMA
management of a business uses to-
Strategy is also a long-range
3. 3D
blueprint of an organization’s
Strategy is consciously considered
4. & flexibly designed scheme of Utilise M2DH
corporate intent & action-
Strategy provides an integrated
5. SWOT
framework for the top management-
Strategic management is made up Analysis from
6.
of several distinct activities Strategy POV
Strategic management process
7. VOICES
refers to the managerial process of
Facebook pe Frame
Importance/Benefits of Strategic
8. wali DP C2yu Lagate
Management
hai ?
Limitations of Strategic
9. Costly ETC
Management
10. Vision points out- DIP
11. Essentials of a strategic vision CEED
Mission describe an organisations
12. ABC
present -
Why should an organisation have a
13. PUT BMW in Focus
mission?
As per Peter Drucker & Theodore
Levitt an org should raise & answer
14. PUB4G MSN2
certain basic questions before
starting its business, such as:
S2MART & Challenging
15. Characteristics of Objectives
Performance
Formulating &
Corporate Level Managers (CLM) role
16. Implementing MBA
includes-
Leadership

CA Mohnish Vora [MVSIR] 1

SM Summary CA Intermediate New Syllabus

SM Chapter 2 - Strategic Analysis: External Environment

S. No. Topic Memory Trick (MT)

1. Importance of Business Environment COLD Image
Issues within micro or immediate or Competitors supply
2.
task environment LEEF
3. Characteristics of a global business ORS
The steps in international strategic
4. Reverse DOSE
planning are as follows-
DR ne CA SE GST ka
5. Why do businesses go global?
Cost pucha
6. Understanding Product & Industry P2UT Features
To discourage new entrants,
7. BAD SPEC
Common barriers to entry include-
Rivalry among competitors tends to
be cut-throat and industry
8. FINE PG
profitability low under various
conditions:

SM Chapter 3 - Strategic Analysis: Internal Environment

S. No. Topic Memory Trick (MT)

1. Key strategic drivers of an org. include IPCC

Procedure for constructing a strategic

2. IPAD
group map

As per Prahalad & Hamel, major core

3. CAC
competencies are in 3 areas-

4. Criteria for building core competencies VRCN

5. Sustainability of Competitive Advantage DATI

Striving to be a low-cost producer in an

6. Large PDF
industry can especially be effective, when

7. Some risks of pursuing cost leadership are BIT

8. Disadvantages of Cost Leadership LEST

9. Achieving Cost Leadership Strategy ROSE FC

10. Achieving Differentiation Strategy EQUIP2

11. Basis of Differentiation POP

CA Mohnish Vora [MVSIR] 2

SM Summary CA Intermediate New Syllabus

SM Chapter 4 - Strategic Choices

S. No. Topic Memory Trick (MT)

1. Stabilization may be opted to- Consolidate ROPES
Whether stability strategy is a ‘do nothing’
2. SUM
strategy ?
3. Major Reasons for Stability Strategy Rapid MSN
4. Characteristics of Stability Strategy R2EC. SMS
5. Characteristics of Growth/Expansion Strategy VIGOuR2

6. Major Reasons for Growth/Expansion Strategy CAPS

Is it worth to diversify into unrelated products? Easy FAN

7. How innovation helps an organisation CPC
8. Advantages of Strategic Alliance POSE
Danger signals which point turnaround is
9. MUD2 TOP
required
10. Important elements of turnaround strategy Neutralising C4RAQ
Persian CAT is NOt
11. Reasons for Retrenchment/Turnaround
Most Viable
12. Reasons to adopt Divestment Strategy My Persian CAT

SM Chapter 5 - Strategic Implementation And Evolution

S. No. Topic Memory Trick (MT)

To convert strategic plans into actions
1. DM BMC
and results, a manager must be able to
strategy-execution process includes the
2. BP2CL SIM
following principal aspects:
3. Characteristics of Strategic planning HOLIS2tic
4. Characteristics of Operational planning FM CTC
5. Strategic planning is the process of GO2D Resources
MD Builds Flexible
6. How to deal with strategic uncertainty?
Partnership
Change management in the digital
7. transition consists of four essential GCRC
elements:
Change management models and
8. VIP Results
methods have key things in common-

CA Mohnish Vora [MVSIR] 3

SM Summary CA Intermediate New Syllabus

S. No. Topic Memory Trick (MT)

Change Management Strategies for
9. Recognize BCDE
Digital Transformation
Is it possible to reduce workplace
GGEEII
disruption?
How to manage change during digital
10. Gradual SCAR
transformation?
11. Advantages of divisional structure C2ALM & Easy
3 most important characteristics of a
12. SCM
SBU are:
MMS
A strategic leader has several
13. (Making, Managing
responsibilites-
& Sustaining)
Managers have five leadership roles to
TERE Corrective
14. play in pushing for good strategy
Actions
execution:
There are various types of strategic
15. E2MI CF
performance measures-
Strategic performance measures are
16. essential for organizations for several RAGI
reasons:

CA Mohnish Vora [MVSIR] 4

 Connect with MVSIR

Telegram
@camvsir
(Click here)

Instagram
@ca_mohnishvora
(Click here)

YouTube
@ca_mohnishvora
(Click here)

Website
mvsir.in
(Click here)

Scan the above QR codes