Strategic Business Analysis

Price
$1,195.00 USD

Duration
2 Days

 

Delivery Methods
Virtual Instructor Led
Private Group

Course Overview

Strategy analysis provides the focus upon which all other business analyst efforts must align. Shortcutting strategy analysis often results in delivering solutions that are misaligned with the organization’s strategy and the expectations and needs of the business and stakeholders. This course will help you understand the criticality of defining the business need correctly and pursuing a thorough analysis of the internal and external environments of the enterprise before assisting the organization in selecting the best solution.

Note: This course has been approved by PMI for 14 PDUs and IIBA for 14 CDUs.

Course Objectives

  • Understand what comprises strategy analysis and when and how it is performed
  • Learn how to see the “big picture” and improve your strategic thinking skills
  • Increase project success by better defining the business need
  • Learn how to analyze the current state to provide an understanding of why a change is needed
  • Develop and assess alternative approaches to the change and propose the “best” recommended change strategy
  • Determine how to evaluate a solution once it is implemented to ensure it meets its expected value

Who Should Attend?

This course is intended for business analysts, systems analysts, project managers, Business and IT stakeholders working with business analysts or anyone who needs to define the business need and make solution recommendations or needs to understand the activities performed in strategy analysis.
  • Top-rated instructors: Our crew of subject matter experts have an average instructor rating of 4.8 out of 5 across thousands of reviews.
  • Authorized content: We maintain more than 35 Authorized Training Partnerships with the top players in tech, ensuring your course materials contain the most relevant and up-to date information.
  • Interactive classroom participation: Our virtual training includes live lectures, demonstrations and virtual labs that allow you to participate in discussions with your instructor and fellow classmates to get real-time feedback.
  • Post Class Resources: Review your class content, catch up on any material you may have missed or perfect your new skills with access to resources after your course is complete.
  • Private Group Training: Let our world-class instructors deliver exclusive training courses just for your employees. Our private group training is designed to promote your team’s shared growth and skill development.
  • Tailored Training Solutions: Our subject matter experts can customize the class to specifically address the unique goals of your team.

Learning Credits: Learning Credits can be purchased well in advance of your training date to avoid having to commit to specific courses or dates. Learning Credits allow you to secure your training budget for an entire year while eliminating the administrative headache of paying for individual classes. They can also be redeemed for a full year from the date of purchase. If you have previously purchased a Learning Credit agreement with New Horizons, you may use a portion of your agreement to pay for this class.

If you have questions about Learning Credits, please contact your Account Manager.

Course Prerequisites

It is recommended that participants complete the Business Analysis Foundation course prior to enrolling or have equivalent experience.

Agenda

Strategy Analysis Overview

  • Strategy analysis defined
  • Strategy analysis tasks
  • Strategy analysis and the project life cycle
  • Key competencies needed for strategy analysis

Strategic Thinking

  • Thinking – an introduction
  • Strategic thinking skills
  • How to become a strategic thinker
  • Strategic thinking tools and techniques

Analyze the Current State

  • Current state analysis overview
  • Determine the business need
  • Identify stakeholders
  • Conduct a current state analysis

Define the Future State

  • Future state overview
  • Define business goals and objectives
  • Determine solution scope
  • Identify constraints
  • Determine potential solution value
  • Define the future state

Assess Risks

  • Risk analysis and management process
  • Organizational risk tolerance levels
  • Risk response options
  • Identify risks and create a risk register

Define the Change Strategy

  • Components of a change strategy
  • Conduct a gap analysis
  • Assess enterprise readiness
  • Define a change strategy
  • Determine a transition approach

Develop a Business Case

  • Business case overview
  • Common mistakes in building a business case
  • Present the business case
  • Develop a mini business case

Evaluate Solution Performance

  • Solution performance evaluation process
  • Measure solution performance
  • Define & analyze solution performance measures
  • Assess solution and enterprise limitations
  • Recommend actions to increase solution value
 

Upcoming Class Dates and Times

Feb 3,4
8:30 AM - 4:30 PM
ENROLL $1,195.00 USD
May 12,13
8:30 AM - 4:30 PM
ENROLL $1,195.00 USD
Aug 25,26
8:30 AM - 4:30 PM
ENROLL $1,195.00 USD
 



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