Overview
This course is aimed for experienced practitioners who desire a clear understanding of Strategic Business Analysis, who would like to understand what comprises this work, and the objectives for performing it.
Strategic Business Analysis
Schedule
Jan | Feb | Mar 2022
Duration
2 Days
Difficulty
Intermediate
Methodology
Online Live | Onsite
OBJECTIVES
-Learn about the components of Strategic Business Analysis.
-Understand the importance of defining the business need correctly and pursuing a thorough analysis of the internal and external environments of the enterprise before choosing the solution. Shortcutting the pre-analysis work discussed in this course often results in delivering solutions that are misaligned to the enterprise strategy and to the expectations and needs of the business. Learn how to avoid the pitfall of jumping to a solution prior to a solid understanding of the opportunity or problem needing to be addressed.
TARGET AUDIENCE
Executives, Project Managers, Business Analysts, Business and IT stakeholders working with business analysts
PREREQUISITES
This course is aimed for experienced people who require a clear understanding and systematic approach to Strategic Enterprise Business Analysis. It is recommended that participants complete the Business Analysis Essentials course prior to enrolling or have equivalent experience.
COURSE OUTLINE
- Components of business analysis
- Business analysis competencies
- IIBA/PMI and the goals of a professional association
- Purpose for having a BA standard
- Exercise: Review the case study
- Definition and purpose of Strategy Analysis
- The timing of Strategy Analysis
- Identifying stakeholders and the business need
- Discussions: Strategy analysis in your organization, when business needs are not clearly defined, and Strategy Analysis and the business analyst
- Exercises: Describe Strategy Analysis, Identify Roles/Responsibilities, and identify the business need
- The importance of analyzing Current State
- Understanding Business Architecture
- Techniques for analyzing Current State
- Future State description
- Assessing impacts to business architecture
- Determining Solution Scope
- Discussions: Managing expectations with stakeholders, Capturing current capabilities, and How to approach acquiring capabilities
- Identifying risks
- Risk Tolerance/Categories/risk responses
- The concept of positive risk
- Techniques for identifying risks
- Discussions: Who is responsible for identifying risks?
- Exercise: Identify Risks
- Defining change strategy
- Components of change strategy
- Solution scope, enterprise readiness and change
- Techniques for defining a change strategy
- The purpose of a business case
- Business case components
- Building a convincing business case
- Determining the Recommended Solution
- Packaging the business case
- Reviewing the business case with stakeholders
- Discussions: Evaluating project proposals and anticipating questions for the business case review
- Exercise: Create a business case
- Helpful links for obtaining additional business analysis information
Actual course outline may vary depending on offering center. Contact your sales representative for more information.
Instructor
Mark Steele
Mark is certified trainer with 20+ years of experience in gulf and London. He has trained batches, corporates, individuals and companies from all over the world.
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