Overview
More and more companies are looking to their Business Analysts to analyze and define solutions that will meet the needs of the business and the overall strategic direction of management. In order to achieve this, Business Analysts need the ability to understand the organization’s architecture, how to model current and future states, drive process improvement opportunities, perform customer driven analysis, perform stakeholder analysis, determine the return on the investment, define and perform risk analysis, impact analysis, internal vs. external environments/factors, feasibility studies, and create business cases.
The Business Analyst needs to understand how all of these things relate to the project portfolio and overall programs that are in place to ensure maximum value to the business, determine how investments made tie to strategy, and how teams are resourced and can be utilized. The Business Analyst is also being called on to lead large-scale efforts where they must manage and analyze the work of many business analysts for a given initiative or program. The strategic enterprise analysis performed by the business analyst will allow them to understand the inter-dependencies, capabilities and overall strategic direction of a program that are vital to ensuring a reduction in rework, improvement of processes and creation, selection and management of solutions that exceed expectations.
Approach
Our goal at Bob the BA is to help you think, learn and work differently so you can make an impact back on the job. If you always do what you have always done, you will end up right where you were before you were trained right? So at Bob the BA we take a different approach because we know we learn best by doing and not through lecture. Our courses are always hands-on, practicing through exercises, activities, facilitated discussions, case studies, role play, workshops, printed materials and presentations.
Who Should Take This Course?
Business analysts and organizational leaders that need to create organizational goals and align them with specific projects more globally by creating project proposals and business cases. Business Analysts who manage programs of work that need to be analyzed across the enterprise.
Objectives
- Understanding how to build enterprise goals and objectives that are measureable and meaningful
- Creating a common vision and understanding of corporate goals and objectives
- Prioritize and diagnose business problems and process improvement opportunities
- Improve the alignment of goals and objectives to projects
- Learn solution and vendor selection criteria and selection techniques
- Understand how to analyze the enterprise
- Understand different roles that can exist and use strategic enterprise analysis
- Understand how strategic enterprise analysis is more than just developing a business case
Course Topics
- Understanding business drivers
- Definition of business drivers
- Assess and improve alignment of activities to organizational goals and objectives
- Understanding techniques to evaluate the current state
- Identify trends and shifts in the organization, and at program and project levels
- Identify and diagnose business problems
- Isolate problems from the solution
- Evaluate structure, approach and accuracy of root cause analysis
- Prioritize to prevent recurring problems
- Building a common vision for the desired state
- Reconcile the common state with the desired state into a common understanding of the future state
- Understanding the elements needed for the current, desired and future states
- Establish criteria that ensures solutions meet business needs
- Vendors or Commercial Off the Shelf solution fit gap analysis, selection criteria, prioritization and final selection rationale
- Creating potential solution models for choosing a solution
- Creating cost benefit models for solutions
- Understanding the implementation of the solution on the overall scope and cost
- Evaluate solution/decision options to make the best decision possible
- Development of meaningful metrics for measuring the value of the of the proposed future state
- How to model business analysis to show how organizations create value for customers
- Alignment between IT and business units – creating a common vision of understanding for the organization
- Understanding organizational change techniques
- Organizational change and communication planning to build common understanding and support for organizational changes
- Understanding the industry standard measurements of Payback period, ROI, Internal Rate of Return, and Net Present Value
- Building a better business case utilizing current, desired and future state analysis cost models – understanding the NPV, ROI and other cost measurements
- Understanding the business case purpose and contents
- Review the overall framework for creating a business case
- Understand how the business case fits into enterprise analysis
- Packaging and presentation of the business case for review and approvals
- Removing barriers to effective decision making
- Making the effective decision
- Using decision making tools
Webinar Information
A link to the webinar will be forwarded to you 2-3 days prior to the event.
Customize This Workshop for Your Organization
Contact us today to learn how you can bring this incredible workshop into your organization. At Bob the BA we fully customize our training solutions to meet your organizational training objectives. We can even combine this course with other courses to create a fully customized experience for your organization! Contact us today!
