BA02 - Strategic Business Analysis

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.

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Learning 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.

     

    Course Details

    Course Outline

    1 - 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
  • 2 - 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
  • 3 - Analyze the Current State environment
  • The importance of analyzing Current State
  • Understanding Business Architecture
  • Techniques for analyzing Current State
  • 4 - 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
  • 5 - 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
  • 6 - Define the Change Strategy
  • Defining change strategy
  • Components of change strategy
  • Solution scope, enterprise readiness and change
  • Techniques for defining a change strategy
  • 7 - 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
  • 8 - Additional Resources
  • Helpful links for obtaining additional business analysis information
  • Actual course outline may vary depending on offering center. Contact your sales representative for more information.

    Who is it For?

    Target Audience

    Executives, Project Managers, Business Analysts, Business and IT stakeholders working with business analysts

    Prerequisites

    Other Prerequisites

    This course is aimed for experienced people who require a clear understanding and systematic approach to Strategic Enterprise Business Analysis. It is recommended that participants complete the BA01 – Business Analysis Essentials course prior to enrolling or have equivalent experience.

    BA02 - Strategic Business Analysis

    $1,395
    Course Length : 2 Days (16 Hours)
     

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