Strategic Business Analysis
- 2 Days Course
- Language: English
Introduction:
Strategy analysis provides the focus upon which all other business analyst efforts must align. Shortcutting strategy analysis often results in delivering solutions that are misaligned with the organization’s strategy and the expectations and needs of the business and stakeholders. This course will help you understand the criticality of defining the business need correctly and pursuing a thorough analysis of the internal and external environments of the enterprise before assisting the organization in selecting the best solution.
Note: This course has been approved by PMI for 14 PDUs and IIBA for 14 CDUs.
Objectives:
Understand what comprises strategy analysis and when and how it is performed
Learn how to see the “big picture” and improve your strategic thinking skills
Increase project success by better defining the business need
Learn how to analyze the current state to provide an understanding of why a change is needed
Develop and assess alternative approaches to the change and propose the “best” recommended change strategy
Determine how to evaluate a solution once it is implemented to ensure it meets its expected value
Course Outline:
Strategy Analysis Overview
- Strategy analysis defined
- Strategy analysis tasks
- Strategy analysis and the project life cycle
- Key competencies needed for strategy analysis
Strategic Thinking
- Thinking – an introduction
- Strategic thinking skills
- How to become a strategic thinker
- Strategic thinking tools and techniques
Analyze the Current State
- Current state analysis overview
- Determine the business need
- Identify stakeholders
- Conduct a current state analysis
Define the Future State
- Future state overview
- Define business goals and objectives
- Determine solution scope
- Identify constraints
- Determine potential solution value
- Define the future state
Assess Risks
- Risk analysis and management process
- Organizational risk tolerance levels
- Risk response options
- Identify risks and create a risk register
Define the Change Strategy
- Components of a change strategy
- Conduct a gap analysis
- Assess enterprise readiness
- Define a change strategy
- Determine a transition approach
Develop a Business Case
- Business case overview
- Common mistakes in building a business case
- Present the business case
- Develop a mini business case
Evaluate Solution Performance
- Solution performance evaluation process
- Measure solution performance
- Define & analyze solution performance measures
- Assess solution and enterprise limitations
- Recommend actions to increase solution value
Enroll in this course
$1,447.03 – $1,689.21