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BA02 - Strategic Business Analysis

BA02 - Strategic Business Analysis

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered Online

  • Two days

  • All levels

Description

Duration

2 Days

12 CPD hours

This course is intended for

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

Overview

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.

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.

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

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

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

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

Additional Resources

  • Helpful links for obtaining additional business analysis information

Additional course details:

Nexus Humans BA02 - Strategic Business Analysis training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward.

This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts.

Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success.

While we feel this is the best course for the BA02 - Strategic Business Analysis course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you.

Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.

About The Provider

Nexus Human, established over 20 years ago, stands as a pillar of excellence in the realm of IT and Business Skills Training and education in Ireland and the UK....

Read more about Nexus Human

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