Master Strategy Techniques to be the Analyst Rock Star
- 2.5 hours on-demand video
- 6 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
Get your team access to 4,000+ top Udemy courses anytime, anywhere.Try Udemy for Business
- All things tied to feasibility of the proposed future state
- Competition, strategy and approach
- Various organizational tools and techniques
- Needs as the basis of both requirements and solutions
- How many solutions, and which one is the best?
- Some business experience would be advisable, but not necessary
Last Update: 24th May, 2020
Within this course, we look at all the strategic Business Analysis tools that are imperative for a BA. What is a feasibility study and what tools can you use to complete it properly? Do you know what a latent requirement is and what Porter’s 5 Forces are? Not only are these subjects covered, we describe what they mean to you as a Business Analyst. Are all these techniques used on their own? We give you real-life examples how we have used then throughout our careers.
Each course in Udemy offers the learner a 30-day money-back guarantee. No questions asked. You have nothing to lose. Sign up now!
- Those who are interested in Business Analysis with an emphasis on strategy
How do you win support among stakeholders for the project proposal? One relevant concept here is that of the threshold model for collective behavior, formulated by the American sociologist Mark Granovetter in the late 1970s. According to Granovetter, each person has a certain threshold on which their decision to join in other people’s behavior depends. This threshold is defined as the number of people the person has to see join in the collective behavior before this person does as well. The lower the threshold, the sooner this person will join in.
The model stipulates that this threshold depends on a wide range of factors such as age, gender, personality traits, and the actual situation in which the collective behavior is displayed. To illustrate, imagine a beach full of people, some lying under the sun, others playing in the water. Suddenly, one person starts dancing. This is the leader, the one who starts the behavior. Then, a second person joins in. This is the person with the second lowest threshold, the leader being the one with the lowest. Then, more people may start joining in the dance. These are people with even higher thresholds for collective behavior since they will need to see more dancers before deciding to start dancing themselves. If the behavior continues long enough, everyone would decide to join in, to be part of the in-crowd, otherwise they would feel left out.
Here’s an interesting example put together by Derek Sivers in a talk he performed at the TED2010 event held in Palm, Springs, California in February, 2010.