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SBL - Get Ready - Session 1 Flipbook PDF
Session 1
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Strategic Business Leader Basma Noor
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Day Plan About the SBL Exam Syllabus Contents SBL Case Study Professional Skills Syllabus Overview-The SBL Story What You Have-Resource Walkthrough What You Need-Approved Content © ACCA
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About the SBL Exam
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About the SBL Exam
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Syllabus Contents
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Syllabus Contents
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Syllabus Contents Ethics and Professional Skills Module ▪ Comprising six interactive units, the module covers: ✓ Ethics and professionalism ✓ Personal effectiveness ✓ Innovation and scepticism ✓ Commercial awareness, analysis, evaluation and problem solving ✓ Leadership and team work ✓ Communication and interpersonal skills
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SBL Case Study
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SBL Case Study ▪ Marks: 100 ▪ Mark Division: 80 Technical Marks and 20 Professional Marks ▪ Time Allowed: 4 hours ▪ Tasks: All tasks will be compulsory, number of tasks differ in every exam ▪ Length of the Information: 12-18 pages
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SBL Case Study ▪ 12-18 pages of information in the case study-based on ONE company ▪ 1 page at least of background information ▪ List of Appendices (minutes, interview scripts, newspaper articles, extracts from the annual report, CVs) ▪ Tasks/Requirements ▪ Appendices to the Case
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Case Study-Tasks/Requirements ▪ No set number of tasks ▪ Every task has the following components ▪
Role
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Audience
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Format
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Requirement Verb
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Professional Mark allocation
▪ No specific reference to a model that may be applicable to the task
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Case Study-Tasks/Requirements An example You are Alex Larsen, the senior non-executive director of CC. CC has been invited to tender for the contract for the construction of the new road in Betal, as the preferred partner of Betal’s government. CC’s finance team has drawn up financial forecasts for the project. However, you have doubts about the contract and you want it to be discussed thoroughly at CC’s next board meeting. Required: Prepare a briefing paper for the board meeting, which: (a)
Analyses the financial and non-financial issues which will affect the final decision of whether to accept the contract to build the road in Betal. (18 marks)
Professional skills marks are available for demonstrating analysis skills in identifying information which is relevant to the decision. (4 marks)
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Requirement Verbs Analyse Actual meaning: Break into separate parts and discuss, examine, or interpret each part Key tips: Give reasons for the current situation or what has happened.. Assess Actual meaning: To judge the worth, importance, evaluate or estimate the nature, quality, ability, extent, or significance Key tips: Determine the strengths/weaknesses/importance/ significance/ability to contribute. Compare Actual meaning: Examine two or more things to identify similarities and differences Key tips: Clearly explain the resemblances or differences. Conclusion Actual meaning: The result or outcome of an act or process or event, final arrangement or settlement Key tips: End your answer well, with a clear decision. Criticise Actual meaning: Present the weaknesses/problems; evaluate comparative worth. Don’t explain the situation. Instead, analyse it Key tips: Criticism often involves analysis. © ACCA
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Requirement Verbs Evaluate Actual meaning: Determine the scenario in the light of the arguments for and against Key tips: Mention evidence/case/point/issue to support evaluation. Interpret Actual meaning: Comment on, give examples, describe relationships Key tips: Include explanation and evaluation. Outline Actual meaning: Describe main ideas, characteristics, or events Key tips: Briefly explain the highlighted points. Recommend Actual meaning: Advise the appropriate actions to pursue in terms the recipient will understand Key tips: Give advice or counsel Summarise Actual meaning: Give a brief, condensed account. Include conclusions. Avoid unnecessary details Key tips: Remember to conclude your explanation
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Professional Skills
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General Principles of Professionalism ▪ Make the most crucial/important points first ▪ Do not repeat points already made/explained ▪ Stay relevant-make points FROM the case, do not make assumptions or explain points that are not related to the task or the case. ▪ Use the format mentioned ▪ Answer should be clear and understandable (use paragraphs and headings)
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Professional skills
Scepticism
Commercial Acumen
Analysis
Professional skills Communication
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Evaluation
Communication Sub Skills: Inform, Persuade, Justify ▪ Required format ▪ With a professional tone and use of language ▪ Avoiding ambiguity, unnecessary explanations and repetition ▪ Language concise, clear and factual ▪ Use 'justifying' words, such as 'because': for example, 'I recommend you do this because…
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Commercial Acumen Sub Skills: Demonstrate awareness, use judgment, show insight ▪ Judgment exercised/ variety of aspects considered ▪ Demonstrate awareness of underpinning knowledge from previous exams BUT in the context of the case ▪ Do NOT dump technical knowledge without referencing to the scenario.
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Evaluation Sub Skills: Assess, estimate, appraise ▪ Possible courses of action are examined from different perspectives including points both for and against (impact on key stakeholders, organization’s performance etc.) ▪ Balanced point of view-present positive and negative aspects of issues, performance etc. ▪ Impact on different aspects explained in the context of the question ( key stakeholders, performance of the organization, costs, risks, benefits and opportunities considered before making or recommending solutions or decisions.)
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Scepticism Sub Skills: probe, question, challenge ▪ compare with other info given in the question: Who has prepared it; do they have a reason to manipulate the information, is the source reliable? ▪ What’s missing? Have all impacts been considered? Recognise other impacts of decisions too (rather than simply what’s given in the question) For example, if a management accountant is offering an explanation of a variance between actual figures and budget, are you satisfied their explanation properly explains the variance? © ACCA
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Analysis Sub Skills: investigate, scrutinize, reflect ▪ Review and investigate all information thoroughly; Identify relevant data from different places within a scenario ▪ Give reasons for ▪ Cause—effect/implication ▪ Don't simply repeat points from the scenario; explain why they are significant and/or what their implications are
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Syllabus Overview
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Syllabus Story
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What you have-Resource Walkthrough
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Resource Walkthrough ▪ Webinar Series ▪ Study Support Guide ▪ Examining Team Guidance ▪ 3 Specimen Exams (examiner report) ▪ Technical Articles ▪ Exam Technique Resources ▪ BPP English Language Course
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What you need-Approved Content
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Approved Content BPP Textbook
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BPP Revision Kit
Questions?
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For more information visit accaglobal.com
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