About this class
Learn about the components of strategic business analysis. Understand the criticality 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.
Intended Audience: Executives, Project Managers, Business Analysts, Business and IT stakeholders working with business analysts.
What you'll be able to do
- Foundational Concepts
- Introduction to Strategy Analysis
- Analyze the Current State environment
- Define the Future State
- Assess Risks
- Define the Change Strategy
- Section 7: Developing a Business Case
- Additional resources
Course outline
Learn how to see the “big picture” and understand the internal/external Understand what comprises strategy analysis and when and how it is performed Recognize how risks influence the viability of solution options Identify the benefits for developing a thorough change strategy
Module 1Foundational Concepts
- Components of business analysis
- leverage a business case to communicate the viability for pursuing a change to
- your decision makers
- Prepare a business case employing qualitative and quantitative analysis methods
- IIBA/PMI and the goals of a professional association
- Purpose for having a BA standard
- Exercise: Review the case study
Module 2Introduction to Strategy Analysis
- Definition and purpose of Strategy Analysis
- The timing of Strategy Analysis Strategy Analysis
- Identifying stakeholders and the business need
- Exercises: Describe Strategy Analysis, Identify Roles/Responsibilities , Identify
- the business need.
Module 3Analyze the Current State environment
- The importance of analyzing Current
- Understanding Business Architecture
- Techniques for analyzing Current State
Module 4Define the Future State
- Future State description
- Assessing impacts to business architecture
- Determining Solution Scope Perspectives
- Discussions: Managing expectations with stakeholders , Capturing current
- capabilities , How to approach acquiring capabilities
Module 5Assess Risks
- Strategy Analysis Identifying risks
- Strategy Analysis Risk Tolerance/Categories/risk responses
- Strategy Analysis The concept of positive risk
- Techniques for identifying risks Perspectives
- Discussions: Who is responsible for identifying risks? Who captures positive risks
- today? Techniques
- Exercise: Identify Risks
Module 6Define the Change Strategy
- Defining change strategy
- Components of change strategy
- Solution scope, enterprise readiness and change
- Techniques for defining a change strategy
Module 7Section 7: Developing a Business Case
- The purpose of a business case Techniques
- Business case components Techniques
- Building a convincing business case Strategy Analysis
- Determining the Recommended Solution Techniques Packaging the business
- case
- Reviewing the business case with stakeholders
- Discussions: Evaluating project proposals , Anticipating questions for the
- business case review Techniques
- Exercise: Create a business case
Module 8Additional resources
- Helpful links for obtaining additional business analysis information.
Download the full outline (PDF)
Before you attend
This course is aimed at 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. It is recommended that participants complete the BA01 – Student Materials Full Student Guide Templates for common Strategy Analysis techniques .
Run this for a team
Private cohorts run on your dates, at your site or online, with the labs pointed at your environment. Above about four people it usually costs less than buying seats.
More business analysis classes
Agile Fundamentals
- $795 per seat
Agile Fundamentals
- $795 per seat
3 dates on the calendar
Building Better Business Cases
- $795 per seat
2 dates on the calendar
