Strategic Business Analysis Essentials
57mIntermediate2022-11-14
Authors
Christina Charenkova
Business Consultant, Online Instructor, Coach, and Educator
Course details
Mastering strategy analysis can help set you up for success in the world of business. It can also help you become a better communicator and a trusted change advisor on your team. In this course, business consultant and instructor Christina Charenkova unpacks the IIBA guidance and shows you how to effectively map out and implement strategic business analysis to meet the specific needs of your organization.
Learn how strategic business analysis identifies, defines, scopes, and prioritizes projects in line with your goals and objectives. Explore tried-and-tested business analysis tools and techniques for leading your next big project or change initiative, with tips on conducting PESTLE analysis, Porter’s Five Forces, MOST analysis, Boston Box, and more. You’ll also learn to make your strategy more sustainable and people centered. Christina gives you a better understanding of what strategic business analysis actually entails—that way, it adds lasting value to your organization.
Learn how strategic business analysis identifies, defines, scopes, and prioritizes projects in line with your goals and objectives. Explore tried-and-tested business analysis tools and techniques for leading your next big project or change initiative, with tips on conducting PESTLE analysis, Porter’s Five Forces, MOST analysis, Boston Box, and more. You’ll also learn to make your strategy more sustainable and people centered. Christina gives you a better understanding of what strategic business analysis actually entails—that way, it adds lasting value to your organization.
Skills covered
Business AnalysisProject ManagementBusiness Analysis and StrategyOne-Off
Concepts
Introduction
- Your role in shaping business strategy
Business Solutions Through Strategic Analysis
- Quick guide to strategic analysis
- Define the aim
- Partner for progress
Strategic Business Analysis Process and Outcomes
- Determine if there is a change needed
- Define the future solution and vision
- Review risks for impact and management
- Define the change strategy
- Plan for the transition state
Strategic BA Tools and Techniques
- Assess external environment - PESTLE
- Assess external environment - Porter's Five Forces
- Assess internal capability - MOST and resources audit
- Assess internal capability - BCG matrix
- Map out strategy options - Ansoff's matrix
- Map out strategy options - SWOT with Ansoff's matrix
Conclusion
- Sustainable business-led strategy