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.
- 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
- 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
- Helpful links for obtaining additional business analysis information
Executives, Project Managers, Business Analysts, Business and IT stakeholders working with business analysts
Virtual BA02 - Strategic Enterprise Analysis Online Live training option
Imagine an industry-leading classroom training experience from wherever you have access to the Internet.
The Virtual Online Live events listed here gives you an effective and proven online virtual learning experience with the freedom to attend virtually from anywhere.
There is also an option of experiencing Online Live from one of the many national partner centers where a computer and headset will be provided for you.
This rich and engaging virtual classroom environment lets you conveniently interact with instructors and other students.
You will hear and see your instructor as they teach the course and answer your questions via voice or text.
Choose the online live virtual training option and you can access the recorded version even after the class has finished.
The onDemand labs give you access to the same client and server technologies covered in class so you can test, apply and hone your skills by accessing the labs before and even after the class.
Technical Requirements: a computer or laptop with a modern browser and high speed internet access along with one or two monitors.