Saturday, 5 July 2014

P3 and P5 wider reading: strategy, innovation, and the business cycle

Candidates preparing for either P3 Business Analysis or P5 Advanced Performance Management need to know a thing or two about strategy and innovation to be well prepared and perform well on the exams. I've come across a good article by Jill Lepore that heavily references both the work of Michael Porter and Clayton Christensen (if you are studying for these exams and don't know these names yet, it is time to start studying more). Find the article here: The disruption machine: what the gospel of innovation gets wrong.

A useful exercise that you can do is to print out the article, and as you are reading through it, annotate it with concepts you've picked up during your P3 and P5 studies. Treat it like an ACCA script. That will give you good preparation for the scenario questions in the exams. 

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