Business Analysis Conduct A Strategy Analysis
Learn business analysis tools and techniques to recommend solutions and strategies that produce business value
Last updated 2022-01-10 | 4.5
- Learn how to assess and analyze the current state (as-is) of an organization to get a good feel for their structure- culture
- and capabilities
- Understand how to properly define project success by identifying the conditions that need to be met within the future state (to-be)
- Understand how to use gap analysis to uncover the necessary changes to get the organization from the current as-is state to the future to-be state
What you'll learn
* Requirements
* No Business Analysis experience necessary* but it is recommended (not required) that you have taken the first course in the Business Analysis Process Series
* "Identify and Define the Problem"
Description
BECOME A BUSINESS ANALYST WHO CAN TAKE AN AMAZING IDEA FROM VISION TO REALITY BY UNDERSTANDING THE CURRENT STATE OF AN ORGANIZATION, WHAT THEIR FUTURE STATE COULD LOOK LIKE, AND HOW TO HELP THEM BRIDGE THAT GAP.
Use business analysis techniques to create and recommend the best strategies and solutions to help your organization meet its goals.
When an organization has a big idea but doesn’t have a clue how to bring it to life, it is your responsibility as a Business Analyst to help them bridge that gap…
And it’s my responsibility as The BA Guide to teach you how!
This course will take you through my 5-Step Strategy Analysis process
Analyze the Current State – Learn how to determine where the organization is today so you’re able to move forward fully prepared.
Define the Future State – Understand exactly how to define what a “successful result” is – in order to achieve success, you first need to understand what success looks like.
Assess the Risks – Minimize possible pitfalls and stumbling blocks by identifying them early and taking them into consideration in your planning.
Determine a Change Strategy – Learn how to consider all possible options and determine which to put forward as your recommendation - then, define a strategy for how you intend to make the change.
Create a Business Case – Document all of the previous elements together in a persuasive and cohesive way that gets you approval to move forward with the project.
Within each step, you’ll learn the techniques, tools, and skills through the use of practical, real-world examples – meaning you won’t just understand the 5 steps, you’ll also know how to apply them.
Course enrollment grants you lifetime access, with no expiration, to all the course lectures, activities, handouts, and quizzes. In addition, you’ll also receive 1-on-1 support for any questions or uncertainties that come up. And this all comes with a money-back guarantee. You have nothing to lose and so much to gain.
Looking to get ECBA certified? - This course qualifies for 7 hours of Professional Development
Let’s hear what our current students have to say:
“This is a great course! The real life examples are great for new or inexperienced BAs to connect to the theories taught to real world. A very comprehensive course and excited for the next courses in this series.” – Amy
“I am a college student that is studying science. Not once did I ever consider business as a career option for me. That goes to say I do not have a business background. However, Jeremy explains fully and in detail of each lecture perfectly to where I can understand. This is awesome.” – Sandhya
“The courses provided by Jeremy and The BA Guide are fantastic! I'm currently working through my 5th Business Analysis course and I continue to be amazed at the quality of the courses. I have learned an incredible amount and would recommend the course to anyone looking to increase their business skills.” - Camden
What is included in the course?
Over 8 hours of high-quality video lectures that break down all the concepts covered into an easy to understand, step-by-step format.
A 40-page Student Workbook that will enhance your learning and your information retention from the course, as well as giving you reference material after you’ve completed the course.
10 Business Analysis Templates so you have all the tools you need to immediately conduct a strategy analysis while on the job.
7 Practice Activities to help you cement what you’ve learned and give you an opportunity to put your newly acquired skills to the test.
In addition to all the tools you’ll need to start conducting strategy analysis, you’ll also get a foot into the industry by way of an industry expert…
I’m not just the instructor who wrote this course, I will also act as both a resource and a mentor to guide you to a long and rewarding career in Business Analysis!
Still not convinced?
“Another great course in The BA Guide / Jeremy Aschenbrenner series. Although you can take this course individually, I highly recommend that anyone considering this course get the entire series and work through them sequentially. Well worth it.” – Liz
“Great quality work. I like how Jeremy brakes everything down, so it's understandable even if you don't have any background in the business analysis. Awesome courses!!!” - Oleg
“I'm in consulting and I have been able to compare what I've learned so far with the materials taught in the course and it's great because I can pick up the concepts and look at my next projects with this approach. I recommend it for anyone that wants to get into consulting.” - Carlos
And if you’re still not sure – here’s my promise to you:
This course comes with a 30-day money-back guarantee! That means, if you aren’t completely satisfied with your purchase, I’ll give you a refund – no questions asked!
Whether you are an aspiring or a seasoned Business Analyst, this course is a must.
This course is the second course of the Business Analysis Process Series:
Identify and Define the Problem
=> Conduct a Strategy Analysis <=
Plan the Project
Understand and Elicit Requirements
Analyze, Model, and Organize Requirements
Manage, Prioritize, and Validate Requirements
Transition to the Solution
Complete a Solution Evaluation
Whilst taking the previous course isn’t a requirement, I do recommend it as it will help your understanding of the material covered as we will be building on skills and techniques taught in the previous course lectures.
By the end of this course, you’ll have learned how to analyze an organization’s situation and subsequently recommend the best strategies to help them take their “big idea” from vision to fruition.
So, if you want to earn the prestige of being able to say you’re a Business Analyst who can help organizations make their goals a reality, enroll today.
Who this course is for:
- Aspiring or current Business Analysts
- Aspiring or current Project Managers
- Business professionals who are tasked with determining the best way to affect change within their organization
- Business professionals who are tasked with assessing and mitigating risks of changes within their organization
Course content
10 sections • 129 lectures
Business Analysis Process Series - Where this course fits Preview 01:03
This course is part of a series of courses called the Business Analysis Process Series. In this lecture we tell you where this course fits within that series.
Student Workbook Reminder Preview 00:39
Don't forget to download the included student workbook for this course!
Additional Notes for the Student Workbook Preview 00:09
Course Resources - for your convenience Preview 00:19
In this lecture, we provide you a ZIP file that contains all of the downloadable resources for the course. While those downloads are still available on appropriate lectures throughout the course, we're providing this ZIP file for convenience and to avoid some of the nuances and issues with downloading the files individually. It is our recommendation that you download this file now and then pull up the files as they are referenced within the course. Happy learning!
Course Kickoff and Overview Preview 03:50
Welcome to our official kickoff of the course! Here we will begin to explain the full process of conducting a strategy analysis.
Udemy Review Prompt Preview 00:28
Explaining Strategy Analysis with an Example Preview 10:39
You have tickets for a local sporting event. The problem is, you are at home and the sporting event is at a stadium across town. Let's use our Strategy Analysis Process to solve this problem.
What is a Project? Preview 01:58
What are some of the key terms that you will be hearing throughout this course? Watch this lecture to find out!
Project Terms Defined - Scope, Risk, Constraint, Stakeholder Preview 04:23
Here are some additional terms related to projects.
What is a Project Team? Preview 02:10
What is a project team? Come and find out!
Understanding Project Roles - Project Sponsor, Project Manager, Business Analyst Preview 02:24
At this point there are 3 Key roles in a project team, The Project Sponsor, The Project Manger and The Business Analyst.
IMPORTANT LINKS - Please review and bookmark Preview 00:08
Analyze the Current State Overview Preview 05:54
The Strategy Analysis Process is the most important part of this course, in this lecture we cover the first step.
Current - Review Business Needs Preview 01:34
A continuation of the previous lecture about the first step of the Strategy Analysis Process. In this part we review the needs of the business.
Current - Perform Organizational Assessment Preview 04:46
The third part to Analyzing the Current State. In this part we cover performing an Organizational Assessment.
Current - Understand Capabilities Preview 11:25
The fourth part to Analyzing the Current State. In this part we cover understanding capabilities.
Current - Assess Policies and Processes: Policies Preview 03:18
The fifth part to Analyzing the Current State. This lecture covers Assessing Policies.
Document Analysis Technique: Overview and Steps Preview 07:40
This lecture provides an overview of the technique, Document Analysis.
Document Analysis Technique: Benefits and Cautions Preview 02:48
Here are some benefits and cautions of the technique, Document Analysis.
Document Analysis Technique: Notes Template Preview 03:39
Here is a helpful template to assist you whenever you do a Document Analysis!
Current - Assess Policies and Processes: Processes Preview 02:34
This lecture is the sixth part of Analyzing the Current State, where we cover Assessing Processes.
Process Flowchart Tool: Basics Preview 03:48
This lecture is here to teach you about the basics of Process Flow Charts. It is also the seventh part to Analyzing the Current State.
Process Flowchart Tool: Swimlanes Preview 02:33
A tool used in Process Flow Charts commonly is Swimlanes. Come and learn all about them!
Current - Analyze Technology and Infrastructure Preview 01:51
The ninth part to Analyzing the Current State, where we cover Analyzing Technology and Infrastructure.
Current - Understand Business Architecture Preview 01:05
This lecture is the tenth part to Analyzing the Current State, it covers Understanding Business Architecture.
Current - Identify External Influencers Preview 04:27
The eleventh part to Analyzing the Current State. In this lecture we cover Identifying External Influencers.
Current - Bob's Towing Example (Part 1) Preview 00:47
The twelfth part to Analyzing the Current State. In this lecture we introduce our real world example, Bob's Towing.
Current - Bob's Towing Example (Part 2) Preview 05:48
The thirteenth part to Analyzing the Current State. We continue with our real world example Bob's Towing, and provide you with a project!
Current - Bob's Towing Example (Part 3) Preview 06:04
The fourteenth part to Analyzing the Current State. This lecture continues the Bob's Towing Example.
Current - Bob's Towing Example (Part 4) Preview 01:30
The fifteenth part to Analyzing the Current State. In this lecture, we continue to talk about Bob's Towing.
Analyze the Current State Conclusion Preview 01:11
The sixteenth and final part to Analyzing the Current State.
Analyze the Current State: Validate Your Understanding
Define the Future State Overview Preview 05:19
An overview of the second step to the Strategy Analysis Process, Defining the Future State.
Define the Future State Regardless of Project Size Preview 02:32
The second part to Defining the Future State. In this lecture we cover what we are looking to achieve with this step.
Elements of Defining the Future State Preview 01:40
The third part to Defining the Future State. Here we cover the elements.
Future - Set Business Goals and Objectives Preview 04:05
The fourth part to Defining the Future State. Come and learn about setting business goals and objectives!
Future - Set Business Goals and Objectives: Examples Preview 04:16
The fifth part to Defining the Future State. This lecture shows you some examples of setting business goals and objectives using the SMART goal technique.
Future - Define Solution Scope Preview 02:51
Defining the solution scope helps to define new capabilities that the project will deliver!
Future - Solution Scope vs Project Scope Preview 01:02
There is sometimes confusion between the Solution Scope and the Project Scope, come and learn the difference!
Future - Writing Solution Scope Statements Preview 08:41
How do you Define the Future Scope? This lecture talks about writing Solution Scope Statements to Define the Future Scope.
Future - Verifying Solution Scope Preview 01:44
Ever wonder how to know when to move on from the solution scope? This lecture is for you!
Solution Scope: Notes Template Preview 02:14
We try to make things as easy as possible for you, so we created a handy dandy notes sheet and explain how to use it in this short video.
Future - Identify Constraints Preview 02:38
Identifying constraints can really help you in the long run. This lecture provides you with how to not only find the constraints, but also what the most common ones are!
Future - Define Changes to the Organizations Preview 10:57
In this lecture we provide the answer to the question "What changes need to take place for you to achieve your outcome?"
Future - Identify Assumptions Preview 04:50
The thirteenth part to Defining the Future State. In this lecture we talk about identifying assumptions.
Future - Validate Potential Value Preview 02:24
The fourteenth part to Defining the Future State. This lecture provide insight into Validating Potential Value.
Real World Application of Current and Future States Preview 03:56
This lecture provides an introduction to our real world example, Bob's Towing.
Future - Bob's Towing Example (Part 1) Preview 03:12
In this lecture, we continued to help Bob's Towing with the next step in Conducting a Strategy Analysis.
Future - Bob's Towing Example (Part 2) Preview 02:22
Define the Future State Conclusion Preview 01:50
The conclusion to Defining the Current State!
Define the Future State: Validate Your Understanding
Assess Risks Overview Preview 04:24
This section starts the third step to Conducting a Strategy Analysis, Assessing the Risks.
Steps to Assess Risks Preview 01:31
There are many different steps to Assessing Risks, in this lecture we introduce you to them
Assess Risks - Identify Risks Preview 08:17
In order to Assess the risks, we first need to know what those risks are.
Brainstorming Technique: Basics Preview 02:06
In the next few lectures, we are going to be talking about the technique of brainstorming. In this lecture, the basics!
Brainstorming Technique: Steps to Conduct Preview 09:14
In this video we talk about the steps to performing a brainstorming session.
Brainstorming Technique: Benefits & Cautions Preview 03:26
What are some of the benefits and cations to brainstorming? Here are some things to consider before using this technique!
Brainstorming Technique: Template Preview 03:22
This lecture provides a template to help you with your brainstorming!
Assess Risks - Determine Probability and Impact Preview 05:05
Now that the risks are identified, we now need to determine probability and impact.
Workshop Technique: Basics Preview 02:00
In the next few lectures, we are going to be talking about the elicitation technique, workshops!
Workshop Technique: Steps to Conduct Preview 09:27
This lecture walks you through the steps to conducting a workshop.
Workshop Technique: Benefits & Cautions Preview 03:36
You may be thinking, what are some of the benefits and cautions to performing a workshop? We provide the answer to that question in this lecture!
Workshop Technique: Template Preview 03:41
We have created a template to help you with conducting your workshop!
Assess Risks - Workshop Technique: Tying it in Preview 03:06
Now that we have gone through workshops, you might be wondering "Why?". In this lecture we help tie on workshops to Assessing Risks.
Assess Risks - Prioritize Risks Preview 01:50
Now that we have rated the risk based of of probability and impact, we need to prioritize certain risks.
Risk List & Assessment Template Preview 06:44
Here we explain the Risk List and Assessment template, a template we have created to make thing a little more easier for you!
Assess Risks - Determine Risk Tolerance Preview 06:53
Before we determine our next action, we first need to look at the risk tolerance of the company or business.
Assess Risks - Identify Actions Preview 04:54
Now that we know the risk tolerance of the company or business, we can identify the actions that we need to take in order to move forward.
Assess Risks - Bob's Towing Example (Part 1) Preview 03:06
We are again continuing our Bob's towing example, except this time we are using what we learned in this section to assess the risks for Bob's towing.
Assess Risks - Bob's Towing Example (Part 2) Preview 08:26
Part two of assessing risks foe Bob's Towing.
Assess Risks - Conclusion Preview 02:09
This lecture wraps up what we learned about assessing risks, and concludes the section.
Assess Risks: Validate Your Understanding
Determine a Strategy Overview Preview 04:11
This lecture provides and overview of the fourth step in Conducting a strategy Analysis, Determining a Strategy.
Strategy - Review Solution Scope Preview 01:44
We introduce you to the elements of the Change Strategy that we will be covering in this section.
Strategy - Conduct a Gap Analysis Preview 04:33
In this lecture we talk about Gap Analysis, and how to use it in this step.
Gap Analysis Template Preview 03:38
Here we love to make things easier for you, so we have created a very handy template to help you with your Gap Analysis.
Strategy - Identify Options Preview 04:48
We can now move on from doing our rework, to actually Defining the Change Strategy.
Strategy - Analyze Options: Feasibility Preview 05:34
In the previous lecture, we came up with a list of potential options, now we can analyze all of those options.
Strategy - Analyze Options: Solution Scope & Goals Preview 01:13
After analyzing your options, you want to look at the option within the solution scope. Come and learn how!
Strategy - Analyze Options: Cost-Benefit Analysis Preview 06:15
When Analyzing options, an important thing to do is a Cost Benefit Analysis.
Cost-Benefit Analysis Template Preview 10:24
The previous lecture talked about a Cost Benefit Analysis,. We have provided you with a template to help that process go a bit smoother!
Strategy - Analyze Options: Techniques & Tools Preview 02:25
This is a short lecture with some helpful tips on analyzing!
Strategy - Make Recommendations Preview 04:47
After define your options, you need to make recommendations. Come and learn about them!
Scoring Matrix Template Preview 03:23
Want something to make Scoring Matrices easier? Well we have your back! We have created a helpful template for all of your Scoring Matrix needs!
Strategy - Choose a Methodology Preview 08:21
Now it's time to define Transition states and releases by using three steps!
Strategy - Methodology Schedule Comparison Preview 05:29
This lecture will help you visualize better how the three different methodologies flow together.
Strategy - Adaptive vs Predictive Preview 01:46
Continuing the previous lecture, we talk about the key differences between the terms Adaptive and Predictive.
Strategy - Breaking the Methodologies Down Preview 15:29
This lecture helps break down the 3 methodologies Waterfall, Iterative and Agile.
Strategy - Determine Project Schedule Preview 05:20
The next aspect of Determining the Change Strategy is determining a project schedule.
Strategy - Transitions and Releases Preview 03:43
Now we need to figure out our Transition and Release plan, the next key part of Determining the Change Strategy.
Strategy - Bob's Towing Example (Part 1) Preview 04:02
Now that you have learned the steps to Determining the Change Strategy, we will apply it to our real world example Bob's Towing.
Strategy - Bob's Towing Example (Part 2) Preview 07:18
A continuation of the last lecture, about applying the steps to Determining the Change Strategy to Bob's Towing.
Strategy - Bob's Towing Example (Part 3) Preview 04:53
Part three of the Bob's Towing example.
Strategy - Bob's Towing Example (Part 4) Preview 07:26
The fourth and final part to our Bob's Towing example.
Determine a Strategy Conclusion Preview 01:46
This short lecture concludes the Determine the Change Strategy section.
Determine a Strategy: Validate Your Understanding
Create a Business Case Overview Preview 02:13
In this lecture we introduce the final step to Conducting a Strategy Analysis, Create a Business Case.
What is a Business Case and how it is used? Preview 07:02
Now, what even is a business case? This lecture answers that question for you!
Business Case - Adaptive Preview 02:33
We are starting off with the Adaptive business case, the business case were being flexible is key.
Business Case - Adaptive Example Preview 04:20
This lecture offers and example of the Adaptive Business Case we talked about in the previous lecture.
Business Case - Predictive Preview 02:53
Now that we have gone through the Adaptive Business case, we can start with the Predictive Business Case.
Business Case - Bob's Towing Example (Part 1) Preview 10:42
We can finally conduct the last step in Conducting a Strategy Analysis on our real world example, Bob's Towing.
Business Case - Verifying Predictive Business Case Preview 02:59
Now that you have successfully created your predictive business case, we can now move on the verifying it!
Business Case - Presenting Predictive Business Case Preview 05:36
This lecture tells you all about how to present your Predictive Business Case.
Business Case - Presenting Adaptive Business Case Preview 01:12
This lecture provides you with how to present your Adaptive Business Case.
Business Case - Bob's Towing Example (Part 2) Preview 00:29
This is a continuation of lecture 98, applying Creating a Business Case to Bob's Towing.
Business Case: Validate Your Understanding
Introduction to the Centron example Preview 01:11
This lecture introduces you to the Centron Example and Scenario.
Introducing Centron and the University of Wisconsin Preview 05:16
This lecture tells you all about the company Centron that hired you to help with a project for UW Madison.
Centron's Culture Preview 02:14
To help Centron with their project, we first need to understand their culture.
Activity: Document Analysis on Centron's Organizational Chart Preview 00:15
Centron Organizational Assessment Preview 06:19
Here we break down the Centron Organizational Chart.
Centron's Capabilities Preview 01:21
This lecture talks about the tree big capabilities of Centron.
Activity: Document Analysis on Centron's Project Proposal Preview 00:14
Centron's Project Proposal Preview 01:57
In this lecture, we take a deeper look into the project proposal, put together for the UW Madison project.
Activity: Document Analysis on Centron's Process Flowcharts Preview 00:19
Centron's Processes Preview 06:19
Now that we understand the project proposal better, we need to look a Centron's processes and how they are performing business with UW Madison.
Centron's Technology Preview 01:00
This lecture talks about the technology of Centron.
Activity: Document Analysis on Centron's Solution Scope Preview 00:13
Centron's Solution Scope Preview 04:54
Now that the current state is identified, we need to understand what the future state of Centron is.
Activity: Document Analysis on Centron's Business Case Preview 00:10
Centron's UW Project Business Case Preview 03:53
In this lecture, we talk about Centron's Business Case Document.
Activity: Document Analysis on Centron's Risk List Preview 00:10
Centron's Risk List and Assessment Preview 09:14
In this lecture we look at the risk list and assess each risk.
Activity: Document Analysis on Centron's Gap Analysis Preview 00:13
Centron's Gap Analysis Preview 01:03
The last document for Defining the Future State is the Gap Analysis.
Wrapping Up the Centron Example Preview 03:11
This Lecture concludes the Centron Example and Scenario.
Conduct a Strategy Analysis - Conclusion Preview 01:26
This short lecture is the final lecture for Conducting a Strategy Analysis using Business Analysis, and concludes what we have learned.
Bonus Lecture: Defining your next steps Preview 02:15
This course includes:
- 8 hours on-demand video
- Access on mobile and TV
- Certificate of completion
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