CIMAPRO19-CS3-1 Exam Topics
CIMAPRO19-CS3-1 Exam Overview :
| Exam Name: | Strategic Case Study Exam |
| Exam Code: | CIMAPRO19-CS3-1 |
| Certifications: | CIMA CGMA Professional Qualification Certification |
| See Expected Questions: | CIMA CIMAPRO19-CS3-1 Expected Questions in Actual Exam |
CIMAPRO19-CS3-1 Exam Objectives :
| Section | Objectives |
|---|---|
| Strategic Analysis | The Strategic Analysis section provides a foundational understanding of how to analyze both the internal and external environments of an organization. You will begin by exploring strategic position analysis, employing tools and frameworks such as PESTEL, SWOT, and Porter’s Five Forces to evaluate the business environment and the organization’s positioning within it. This involves analyzing industry and market dynamics to understand competitive pressures and market trends. Additionally, you will assess organizational resources, capabilities, and core competencies to identify strengths and weaknesses. Benchmarking against industry standards and competitors is also crucial for understanding performance and competitive standing. |
| Strategic Choices | The Strategic Choices section delves into the process of making informed strategic decisions based on comprehensive analysis. It includes identifying and evaluating various strategic options using techniques like cost-benefit analysis and risk assessment to determine the most viable alternatives. You will study strategic planning models, such as Ansoff’s Matrix and the BCG Matrix, to develop and select strategies that align with organizational goals. This section also covers various growth strategies, including market penetration, product development, market development, and diversification, as well as the development and assessment of business models to support strategic objectives. |
| Strategic Implementation | In the Strategic Implementation section, the focus shifts to translating strategic plans into actionable initiatives and ensuring their effective execution. You will learn how to formulate strategic objectives and create detailed plans to achieve them. The section addresses change management techniques to handle organizational change and overcome resistance, ensuring that strategic initiatives are implemented successfully. Resource allocation is another critical area, involving the effective distribution of resources to support strategic goals and align with organizational priorities. Additionally, you will explore performance management strategies to monitor progress and assess the success of implemented strategies. |
| Strategic Control and Evaluation | The Strategic Control and Evaluation section emphasizes the importance of monitoring and assessing the effectiveness of strategic plans. It covers performance monitoring techniques, including the use of performance indicators and metrics to track the progress of strategic initiatives. You will conduct regular strategic reviews to evaluate the effectiveness of strategies and make necessary adjustments. Risk management is also a key focus, involving the identification and management of risks associated with strategic plans and the implementation of appropriate controls. Continuous improvement techniques will be applied to enhance strategic performance and adapt to changing conditions. |
| Governance and Ethics | The Governance and Ethics section addresses the role of governance and ethical considerations in strategic management. It covers the principles of corporate governance and their application to strategic decision-making processes. You will also explore ethical issues and dilemmas that may arise in strategic management, ensuring that ethical considerations are integrated into strategic planning and execution. Regulatory compliance is emphasized, requiring adherence to relevant laws, regulations, and industry standards. Additionally, the section includes sustainability considerations, highlighting the importance of incorporating social responsibility and sustainability into strategic decisions. |
| Official Information | https://hub.cimaglobal.com/proqual/2019/strategic/case-study |
Updates in the CIMAPRO19-CS3-1 Exam Topics:
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