'PERFPOD' and 'PM in the PM'

Sun’s out… ice cream vans are back… but how does an ice cream seller decide how much to make? In this episode of PM in the PM, we break down a classic ACCA Performance Management scenario using a simple, real-world example: Maximax Maximin Minimax regret Expected value With the added twist of perishable stock (must sell or throw away) and imperfect information (weather forecasts), this becomes a p...

Before astronauts ever leave Earth, they spend thousands of hours practising. In simulations, under pressure, and focusing especially on the things that could go wrong. Passing# ACCA Performance Management #PM is no different. In this episode of PM in the PM , I break down what the Artemis II can teach you about: Practising in the right environment Tackling the topics you avoid — not the ones you...

In this episode of PM in the PM , Richard takes a different approach… Instead of showing how to run a good business, we analyse a terrible one. Welcome to F.O.O.L Ltd — where: ❌ Costs are reduced at the expense of quality ❌ Sales increase but profit falls ❌ Transfer pricing decisions destroy group value ❌ Zero-based budgeting is used the wrong way ❌ Targets are unrealistic and drive poor beha...

In this episode of  PM in the PM , I'm marking World Water Day by looking at the hidden costs behind every drop. Is water scarcity just a ‘planet’ problem, or is it a Performance Management one? We dive into the  Three Ps (Profit, People, and Planet)  and explore how  Environmental Management Accounting (EMA)  techniques like  Flow Cost Accounting  and  Input-Output Analysis  help businesses a...

Performance measures are meant to improve performance — but what happens when they do the opposite? In this episode, we explore a real-world style scenario involving Ken and Barbie, two employees in the same organisation, and a well-intentioned performance target that ends up driving dysfunctional behaviour. Using this story, we break down: How employees “game” poorly designed targets What ACCA PM...

Here's my latest PM in the PM podcast, where I explore why ACCA students should study 16 hours a day. 

Here's my latest PM in the PM podcast, where I take some recent events and explore how it links back to the PM syllabus. This week we are looking at Sports and the Illusion of Competence. And how we can become better at learning. #acca #FME #accaglobal #accastudents #accaexams #pm #performancemanagement #PMinthePM #PERFPOD #learning #neuroplasticity #CollectorsTrap #IllusionOfCompetence

Here's my latest PM in the PM podcast, where I take a recent event and explore how it links back to the PM syllabus. This week we are looking at how Easter Eggs can help us understand variances .

Here's my latest PM in the PM podcast, where I take a recent event and explore how it links back to the PM syllabus. This week we are looking at how recent issues at the car manufacturer Vauxhall (Opel) can help us understand the Balanced Scorecard performance measurement tool

Here's my latest PM in the PM podcast (link in comments), where I take a recent event and explore how it links back to the PM syllabus. This week we are looking at how one organisation's attempt at performance measurement made me a victim of crime.

Here's my latest PM in the PM podcast , where I take a recent event and explore how it links back to the PM syllabus. This week we are looking at bridge design and life cycle costing

Here's my latest PM in the PM podcast (link in comments), where I take a recent event and explore how it links back to the PM syllabus. This week is December results week. If you are sitting exam in March, what can you do this week?

Here's my latest PM in the PM podcast (link in comments), where I take a recent event or news story and explore how it links back to the PM syllabus. Recently in the news there was a report related to a Deep Fake Cyber Attack. What can this teach us about parts of Syllabus area A, managing information and controls. Enjoy

Here's my PM in the PM podcast , where I take a recent event or news story and explore how it links back to the PM syllabus. Recently in the news there have been reports of a Guinness Stout shortage. What can this teach us about the Theory of Constraints and Throughput Accounting. Enjoy

Here's my latest PM in the PM podcast (link in comments), where I take a recent event or news story and explore how it links back to the PM syllabus. I am in Cornwall at present on holiday, and on eating a Cornish Pasty I was inspired to talk about Mix & Yield Variances .Enjoy

Here's my latest PM in the PM podcast, where I take a recent event or news story and explore how it links back to the PM syllabus. I recently heard a conversation about Wilco and B&M discount retailers. Listen to find out how this relates to Syllabus area D on Budgeting and Control. Enjoy

Here's my latest PM in the PM podcast (link in comments), where I take a recent event or news story and explore how it links back to the PM syllabus. Given that its 1st Dec, I've started a New Years Resolution. No I haven't lost my mind. Listen to find out how this relates to Syllabus area D on Behavioural Aspects. Enjoy

Here's my latest PM in the PM podcast, where I take a recent news story and explore how it links back to the PM syllabus. Given that COP 29 ended last week, this podcast talks about Environmental Management Accounting. Enjoy

This is in Syllabus area E: * Measuring performance in NFPs and public sector * Explaining VFM and how 3Es can be used to achieve VFM

Syllabus Area B: traditional pricing, throughput accounting Syllabus Area C: relevant costing Syllabus Area D: budgeting

Why do some students fail the exam, even though they know the topic area? In this PERFPOD we look at the phenomenon I call Drifting, and try to understand what is going on and what you can do to prevent it. We use an APM question Luvij to look at how a step into psychology and NLP can help you overcome this issue. It will help for both PM and APM, but is essential for APM.

Value of Perfect Information And how are the Glastonbury organisers benefitting from it

We look at these two decision rules, who would use them based on their attitude to risk and an exam tip for both ACCA PM and APM.