April Fools Special: The Worst Business Ever Built – F.O.O.L Ltd

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 behaviour👀 Through a “fly-on-the-wall” view of management meetings, this episode shows how key ACCA PM topics play out in practice:Variance analysis (and interrelationships)Sales price vs sales volumeTransfer pricing & goal congruenceZero-based budgeting vs incremental budgetingBehavioural aspects of performance managementKey takeaway:Performance Management is not about isolated calculations it’s about understanding how decisions impact the wider organisation.If you're preparing for ACCA PM, this episode will help you:✔ Improve your Section C answers✔ Add depth to your explanations✔ Spot hidden marks in exam questionsLike, subscribe, and share with other PM studentsFollow for more exam-focused content