Course Description

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.


COURSE 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.

What you will learn

Foundational Concepts

  • 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

Introduction to Strategy Analysis

  • 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

Analyze the Current State environment

  • The importance of analyzing Current State
  • Understanding Business Architecture
  • Techniques for analyzing Current State

Define the Future 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

Assess Risks

  • Identifying risks
  • Risk Tolerance/Categories/risk responses
  • The concept of positive risk
  • Techniques for identifying risks
  • Discussions: Who is responsible for identifying risks? Who captures positive risks today?
  • Exercise: Identify Risks

Define the Change Strategy

  • Defining change strategy
  • Components of change strategy
  • Solution scope, enterprise readiness and change
  • Techniques for defining a change strategy

Developing a Business Case

  • 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

Additional Resources

  • Helpful links for obtaining additional business analysis information

Course: Strategic Business Analysis

$1,195.00
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Course Dates

Location Date & Time Duration Course Type
  • CL Classroom Live - Traditional live classroom with in-person instructor.
  • CV Classroom Virtual - Attend this live instructor-led event remotely from the indicated tech facility.
  • VL Virtual Live - Attend this live instructor-led event remotely from anywhere.
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Cancelation Policy

If you cannot attend an event, you may send someone else in your place. If that isn’t an option for you, cancellations received up to five working days before the event are refundable, minus a registration service charge ($10 for one-day events; $25 for multiple-day events). After that, cancellations are subject to the entire seminar fee, which you may apply toward a future seminar. Please note that if you don’t cancel and don’t attend, you are still responsible for payment.