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CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment :This section sets out the specific syllabus for each of the three papers at the management level of the qualification. However, it is implicit in each case, that material included in the syllabus for any of the papers at the operational level may also be relevant for the purposes of assessment.

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : Syllabus structure The syllabus comprises the following topics and study weightings

  • Strategic Management and Assessing the Competitive Environment – 30%
  • Project Management – 40%
  • Management of  – 30%

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : Lead

1. discuss different competitive environments and key external characteristics of these environments.

2. discuss developments in strategic management.

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : Component

discuss different competitive environments and key external characteristics of these environments. 

a) discuss the nature of competitive environments;

(b) distinguish between different types of competitive environments.

discuss developments in strategic management.

a) discuss concepts in established and emergent thinking in strategic management;

(b) compare and contrast approaches to strategy formulation;

(c) explain the relationships between different levels of strategy in organisations.

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : Indicative syllabus content

discuss different competitive environments and key external characteristics of these environments. 

• PEST analysis and its derivatives.

• The use of stakeholder mapping.

• Qualitative approaches to competitive analysis.

• Competitor analysis and competitive strategies (both qualitative and quantitative tools of competitor analysis will be used).

• Sources, availability and quality of data for environmental analysis.

• Porter’s Five Forces model and its use for assessing the external environment.

• Porter’s Diamond and its use for assessing the competitive advantage of nations.

discuss developments in strategic management.

Perspectives on the strategic management of the firm (including transaction cost, resource-based view and ecological perspective).

• Approaches to strategy (e.g. rational, adaptive, emergent, evolutionary or system based views.

• Levels of strategy (e.g. Corporate, business-level, functional) (Note: candidates are not expected to identify or evaluate options).

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : 

 The syllabus is also divided into three levels of achievement. Students progress from the operational level to the management level and finally to the strategic level. At each level students study subjects across the three pillars.

The operational level covers the implementation of strategy, as well as reporting on the implementation of strategy. Its focus is the short-term.

The management level translates the strategy decided at higher levels, and communicates it to lower levels for implementation. It monitors and reports on the implementation of strategy, and ensures corrective action is taken when required. It has a medium-term focus.

The strategic level concentrates on making strategic decisions and providing the context for which those decisions will be implemented. Its focus is the long-term.

CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : The Chartered Institute of Management Accountants (CIMA) qualification is one of the most globally-recognised and sought-after business accreditations. It combines accounting, finance and management with the leading-edge skills and techniques that drive successful modern businesses. Revision is more than memorising facts and going over notes. You can practice an exam by answering real questions from past papers. This will give you a better chance of passing.

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CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment : 

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CIMA Enterprise Pillar Strategic Management and Assessing the Competitive Environment

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