CFAP 3 - STRATEGY AND PERFORMANCE MEASUREMENT

ICAP defined Grid with Chapters from SPM Book by Sir Atif Abidi Topic-wise breakup of Important Areas by Dr. Attique ur Rehman
Weightage
A Formulation and Implementation of Strategy Sr. Chapter Frequently Tested Topics Important Areas
Chapter 1 - Foundations of Strategy 1 Foundations of Strategy Vision and Mission 1. Levels of strategies
Chapter 2 - Business Environment 2. Strategic Management Process
Chapter 3 - Competitive Environment 3. Hierarchy of Vision, Mission, Goals and Objectives
Chapter 4 - Capability Analysis of Business 4. Mendelow's power-interest matrix
25 - 30
Chapter 5 - Competitive Strategies 5. Future basing
Chapter 6 - Alternative Strategies 2 Business Environment Porter's Diamond Model 6. PESTEL
Chapter 7 - Management Change 7. Porter's Diamond
Chapter 8 - Categories and Measurement of Risk 3 Competitive Environment BCG Matrix 8. Porter's Five Forces Model
Chapter 9 - Mitigation and Controlling of Risk 9. BCG matrix
B Strategy and Management of Information Technology 10. Strategic space analysis
10 - 15
Chapter 10 - Effectiveness of ICTs 4 Capability Analysis of Business Value Chain Model 11. Resource audit
C Strategic Marketing, Supply Chain and Human Resource Management 12. Value chain analysis
Chapter 11 - Management Approaches and Employee Recruitment 13. SWOT analysis
Chapter 12 - Learning Organizations 5 Competitive Strategies Porter's Generic Strategies 14. Strategy clock
25 - 30
Chapter 13 - Management Challenges 15. Porter's generic strategies
Chapter 14 - Business Operations 16. Lock-in strategies
Chapter 15 - Marketing Essentials 6 Alternative Strategies Ansoff Matrix 17. Ansoff matrix
D Performance Measurement 18. Greiner's growth model
Chapter 16 - Financial and Non-Financial Performance Measurement 15 - 25 19. Forecasting models
Chapter 17 - Financial and Non-Financial Reporting 20. SFA analysis
E Ethics 7 Management Change 21. Models of change management (Lewin's and Gemini's)
Chapter 18 - Corporate Social Responsibility 22. Patterns of BPR
10 - 15
Chapter 19 - Corporate and Professional Ethics 23. CPA and GANTT charts
Chapter 20 - Ethical Resolution 8 Categories and Measurement of Risk Identification of Risk 24. Model of risk assessment
TOTAL 100 9 Mitigation and Controlling of Risk 25. Stages of risk audit
26. TARA framework of managing risk
27. Risk dashboard
Recommended Approach: 28. ALARP
1. Thorough reading of SPM Book twice 10 Effectiveness of ICTs e-Business, e-Store and CRM 29. E-procurement
2. Memorization/Writing of Important Areas only 30. COBIT
3. Reading ICAP Suggested Solutions of Past Papers of Summer 2016 to Winter 2019 including 11 Management Approaches and Employee Recruitment Recruitment portion of Chapter 31. Rodger's Seven Point scale
Examiner's Comments and Marking Plan 32. Munro Fraser's 5 point scale
4. Written practice of ICAP Past Papers of Winter 2020 to Winter 2022 along with Examiner's 12 Learning Organizations Topics related to Learning 33. Honey and Mumford's learning styles
Comments and Marking Plan 13 Management Challenges Performance related Issues 34. Process of performance appraisal
5. Selective Studying based on ICAP past paper trend is highly unrecommended 35. Disciplinary process
36. Bratton reward management model
14 Business Operations 37. JIT
38. MRP I
39. MRP II
40. Reck and Long strategic positioning tool
15 Marketing Essentials Marketing Mix and Branding 41. 7Ps of marketing
42. Collaboration frameworks
43. International perspective models
16 Financial and Non-Financial Performance Measurement 44. FPIs and NFPIs
45. Balanced scorecard
46. Pyramid model
47. Building block model
17 Financial and Non-Financial Reporting 48. IFAC 2.0 framework for sustainability reporting
49. Integrated reporting
18 Corporate Social Responsibility Strategies of being socially responsible 50. CSR policy and principles
51. Environmental and social footprints
19 Corporate and Professional Ethics Professional Codes of Ethics 52. Ethical stances
53. Whistleblowing
54. Principles of ethical code by ICAP
20 Ethical Resolution 55. Ethical threats and safeguards
56. Model of resolving ethical conflicts