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Business Analysis Foundations: Strategy Analysis

Business Analysis Foundations: Strategy Analysis

1h 19mBeginner2022-03-28

Authors

Laura Paton

Laura Paton

Business analysis thought leader, trainer, coach, mentor, practitioner

Course details

Strategy analysis is one of the six major knowledge areas of business analysis, and practitioners must be able to incorporate strategy analysis practices into their work activities. In this course, instructor Laura Paton begins with the basics of strategy analysis, including the value and concepts. Next, Laura shows you how to start performing Strategy Analysis with four key tasks, starting with analyzing the current state environment. She covers strategies to elicit information from stakeholders, conduct a gap analysis, and identify risk. Laura also explains the solution options and financial measures that you can use to assess the viability of a proposed solution. Plus, she discusses techniques such as creating a business case to present your analysis to decision makers.

Skills covered

Business AnalysisProject ManagementBusiness Analysis and StrategyOne-Off

Concepts

Introduction

  • Increase success with strategy analysis
  • Who is this course for

Understanding Strategy Analysis Basics

  • What is strategy analysis
  • Getting started when your company doesn't perform strategy analysis
  • Strategy analysis key concepts

Analyzing the Current State

  • Analyze current state
  • Technique - Determining root cause
  • Technique - Business model canvas
  • Technique - SWOT analysis
  • Technique - Process modeling

Defining the Future State

  • Define future state
  • Identifying solution options to analyze
  • Technique - Elicitation
  • Technique - Constraints, assumptions, risks, and dependencies
  • Technique - Gap analysis
  • Technique - Financial analysis of solution options

Assessing Risks of Solutions

  • Assess risks
  • Technique - Risk analysis and management

Defining the Change Strategy

  • Define change strategy
  • Technique - Business cases

Conclusion

  • Supporting project initiation
  • Revisiting strategy analysis when changes arise

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