Conduct a Strategy Analysis using Business Analysis
4.6 (1,074 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
8,212 students enrolled

Conduct a Strategy Analysis using Business Analysis

Learn business analysis tools and techniques to recommend solutions and strategies that produce business value
4.6 (1,074 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
8,212 students enrolled
Last updated 7/2020
English
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Current price: $114.99 Original price: $164.99 Discount: 30% off
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This course includes
  • 8 hours on-demand video
  • 11 articles
  • 44 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • 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
  • Learn how to utilize the brainstorming and workshop techniques to identify, assess, and mitigate risks to the project and the organization
  • Learn how to determine viable solutions and recommend the best solution to meet the business needs and fill the identified gap
  • Gain the ability to conduct a cost-benefit analysis to validate when the recommended solution will give a return on investment
  • Learn to create a Business Case that gets approved by tying all of the learned details together into on succinct document that provides reasoning and financial justification to move forward
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 A GRAND 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

  1. Analyze the Current State – Learn how to determine where the organization is today so you’re able to move forward fully prepared.

  2. 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.

  3. Assess the Risks – Minimize possible pitfalls and stumbling blocks by identifying them early and taking them into consideration in your planning.

  4. 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.

  5. 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:

  1. Identify and Define the Problem

  2. => Conduct a Strategy Analysis <=

  3. Plan the Project

  4. Elicit Business Analysis Information

  5. Organize, Prioritize, and Manage Requirements

  6. Analyze, Design, and Model Requirements

  7. Transition to the Solution

  8. 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
Expand all 124 lectures 07:52:43
+ Before We Get Started
4 lectures 02:10

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.

Preview 01:03

Don't forget to download the included student workbook for this course!

Preview 00:39

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 Resources - for your convenience
00:19
+ Welcome to the Course!
3 lectures 15:21

Welcome to our official kickoff of the course! Here we will begin to explain the full process of conducting a strategy analysis.

Preview 03:50

When should you leave a review?

Preview 00:52

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.

Preview 10:39
+ Project Basics
5 lectures 11:03

What are some of the key terms that you will be hearing throughout this course? Watch this lecture to find out!

Preview 01:58

Here are some additional terms related to projects.

Preview 04:23

What is a project team? Come and find out!

Preview 02:10

At this point there are 3 Key roles in a project team, The Project Sponsor, The Project Manger and The Business Analyst.

Preview 02:24
IMPORTANT LINKS - Please review and bookmark
00:08
+ Analyze the Current State
19 lectures 01:12:42

The Strategy Analysis Process is the most important part of this course, in this lecture we cover the first step.

Preview 05:54

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 - Review Business Needs
01:34

The third part to Analyzing the Current State. In this part we cover performing an Organizational Assessment.

Current - Perform Organizational Assessment
04:46

The fourth part to Analyzing the Current State. In this part we cover understanding capabilities.

Current - Understand Capabilities
11:25

The fifth part to Analyzing the Current State. This lecture covers Assessing Policies.

Current - Assess Policies and Processes: Policies
03:18

This lecture provides an overview of the technique, Document Analysis.

Document Analysis Technique: Overview and Steps
07:40

Here are some benefits and cautions of the technique, Document Analysis.

Document Analysis Technique: Benefits and Cautions
02:48

Here is a helpful template to assist you whenever you do a Document Analysis!

Document Analysis Technique: Notes Template
03:39

This lecture is the sixth part of Analyzing the Current State, where we cover Assessing Processes.

Current - Assess Policies and Processes: Processes
02:34

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: Basics
03:48

A tool used in Process Flow Charts commonly is Swimlanes. Come and learn all about them!

Process Flowchart Tool: Swimlanes
02:33

The ninth part to Analyzing the Current State, where we cover Analyzing Technology and Infrastructure.

Current - Analyze Technology and Infrastructure
01:51

This lecture is the tenth part to Analyzing the Current State, it covers Understanding Business Architecture.

Current - Understand Business Architecture
01:05

The eleventh part to Analyzing the Current State. In this lecture we cover Identifying External Influencers.

Current - Identify External Influencers
04:27

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 1)
00:47

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 2)
05:48

The fourteenth part to Analyzing the Current State. This lecture continues the Bob's Towing Example.

Current - Bob's Towing Example (Part 3)
06:04

The fifteenth part to Analyzing the Current State. In this lecture, we continue to talk about Bob's Towing.

Current - Bob's Towing Example (Part 4)
01:30

The sixteenth and final part to Analyzing the Current State.

Analyze the Current State Conclusion
01:11
Analyze the Current State: Validate Your Understanding
7 questions
+ Define the Future State
18 lectures 01:06:33

An overview of the second step to the Strategy Analysis Process, Defining the Future State.

Define the Future State Overview
05:19

The second part to Defining the Future State. In this lecture we cover what we are looking to achieve with this step.

Define the Future State Regardless of Project Size
02:32

The third part to Defining the Future State. Here we cover the elements.

Elements of Defining the Future State
01:40

The fourth part to Defining the Future State. Come and learn about setting business goals and objectives!

Future - Set Business Goals and Objectives
04:05

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 - Set Business Goals and Objectives: Examples
04:16

Defining the solution scope helps to define new capabilities that the project will deliver!

Future - Define Solution Scope
02:51

There is sometimes confusion between the Solution Scope and the Project Scope, come and learn the difference!

Future - Solution Scope vs Project Scope
01:02

How do you Define the Future Scope? This lecture talks about writing Solution Scope Statements to Define the Future Scope.

Future - Writing Solution Scope Statements
08:41

Ever wonder how to know when to move on from the solution scope? This lecture is for you!

Future - Verifying Solution Scope
01:44

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.

Solution Scope: Notes Template
02:14

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 - Identify Constraints
02:38

In this lecture we provide the answer to the question "What changes need to take place for you to achieve your outcome?"

Future - Define Changes to the Organizations
10:57

The thirteenth part to Defining the Future State. In this lecture we talk about identifying assumptions.

Future - Identify Assumptions
04:50

The fourteenth part to Defining the Future State. This lecture provide insight into Validating Potential Value.

Future - Validate Potential Value
02:24

This lecture provides an introduction to our real world example, Bob's Towing.

Real World Application of Current and Future States
03:56

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 1)
03:12
Future - Bob's Towing Example (Part 2)
02:22

The conclusion to Defining the Current State!

Define the Future State Conclusion
01:50
Define the Future State: Validate Your Understanding
7 questions
+ Assess Risks
20 lectures 01:33:17

This section starts the third step to Conducting a Strategy Analysis, Assessing the Risks.

Assess Risks Overview
04:24

There are many different steps to Assessing Risks, in this lecture we introduce you to them

Steps to Assess Risks
01:31

In order to Assess the risks, we first need to know what those risks are.

Assess Risks - Identify Risks
08:17

In the next few lectures, we are going to be talking about the technique of brainstorming. In this lecture, the basics!

Brainstorming Technique: Basics
02:06

In this video we talk about the steps to performing a brainstorming session.

Brainstorming Technique: Steps to Conduct
09:14

What are some of the benefits and cations to brainstorming? Here are some things to consider before using this technique!

Brainstorming Technique: Benefits & Cautions
03:26

This lecture provides a template to help you with your brainstorming!

Brainstorming Technique: Template
03:22

Now that the risks are identified, we now need to determine probability and impact.

Assess Risks - Determine Probability and Impact
05:05

In the next few lectures, we are going to be talking about the elicitation technique, workshops!

Workshop Technique: Basics
02:00

This lecture walks you through the steps to conducting a workshop.

Workshop Technique: Steps to Conduct
09:27

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: Benefits & Cautions
03:36

We have created a template to help you with conducting your workshop!

Workshop Technique: Template
03:41

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 - Workshop Technique: Tying it in
03:06

Now that we have rated the risk based of of probability and impact, we need to prioritize certain risks.

Assess Risks - Prioritize Risks
01:50

Here we explain the Risk List and Assessment template, a template we have created to make thing a little more easier for you!

Risk List & Assessment Template
06:44

Before we determine our next action, we first need to look at the risk tolerance of the company or business.

Assess Risks - Determine Risk Tolerance
06:53

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 - Identify Actions
04:54

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 1)
03:06

Part two of assessing risks foe Bob's Towing.

Assess Risks - Bob's Towing Example (Part 2)
08:26

This lecture wraps up what we learned about assessing risks, and concludes the section.

Assess Risks - Conclusion
02:09
Assess Risks: Validate Your Understanding
6 questions
+ Determine a Strategy
23 lectures 01:58:28

This lecture provides and overview of the fourth step in Conducting a strategy Analysis, Determining a Strategy.

Determine a Strategy Overview
04:11

We introduce you to the elements of the Change Strategy that we will be covering in this section.

Strategy - Review Solution Scope
01:44

In this lecture we talk about Gap Analysis, and how to use it in this step.

Strategy - Conduct a Gap Analysis
04:33

Here we love to make things easier for you, so we have created a very handy template to help you with your Gap Analysis.

Gap Analysis Template
03:38

We can now move on from doing our rework, to actually Defining the Change Strategy.

Strategy - Identify Options
04:48

In the previous lecture, we came up with a list of potential options, now we can analyze all of those options.

Strategy - Analyze Options: Feasibility
05:34

After analyzing your options, you want to look at the option within the solution scope. Come and learn how!

Strategy - Analyze Options: Solution Scope & Goals
01:13

When Analyzing options, an important thing to do is a Cost Benefit Analysis.

Strategy - Analyze Options: Cost-Benefit Analysis
06:15

The previous lecture talked about a Cost Benefit Analysis,. We have provided you with a template to help that process go a bit smoother!

Cost-Benefit Analysis Template
10:24

This is a short lecture with some helpful tips on analyzing!

Strategy - Analyze Options: Techniques & Tools
02:25

After define your options, you need to make recommendations. Come and learn about them!

Strategy - Make Recommendations
04:47

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!

Scoring Matrix Template
03:23

Now it's time to define Transition states and releases by using three steps!

Strategy - Choose a Methodology
08:21

This lecture will help you visualize better how the three different methodologies flow together.

Strategy - Methodology Schedule Comparison
05:29

Continuing the previous lecture, we talk about the key differences between the terms Adaptive and Predictive.

Strategy - Adaptive vs Predictive
01:46

This lecture helps break down the 3 methodologies Waterfall, Iterative and Agile.

Strategy - Breaking the Methodologies Down
15:29

The next aspect of Determining the Change Strategy is determining a project schedule.

Strategy - Determine Project Schedule
05:20

Now we need to figure out our Transition and Release plan, the next key part of Determining the Change Strategy.

Strategy - Transitions and Releases
03:43

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 1)
04:02

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 2)
07:18

Part three of the Bob's Towing example.

Strategy - Bob's Towing Example (Part 3)
04:53

The fourth and final part to our Bob's Towing example.

Strategy - Bob's Towing Example (Part 4)
07:26

This short lecture concludes the Determine the Change Strategy section.

Determine a Strategy Conclusion
01:46
Determine a Strategy: Validate Your Understanding
8 questions
+ Create a Business Case
10 lectures 39:59

In this lecture we introduce the final step to Conducting a Strategy Analysis, Create a Business Case.

Create a Business Case Overview
02:13

Now, what even is a business case? This lecture answers that question for you!

What is a Business Case and how it is used?
07:02

We are starting off with the Adaptive business case, the business case were being flexible is key.

Business Case - Adaptive
02:33

This lecture offers and example of the Adaptive Business Case we talked about in the previous lecture.

Business Case - Adaptive Example
04:20

Now that we have gone through the Adaptive Business case, we can start with the Predictive Business Case.

Business Case - Predictive
02:53

We can finally conduct the last step in Conducting a Strategy Analysis on our real world example, Bob's Towing.

Business Case - Bob's Towing Example (Part 1)
10:42

Now that you have successfully created your predictive business case, we can now move on the verifying it!

Business Case - Verifying Predictive Business Case
02:59

This lecture tells you all about how to present your Predictive Business Case.

Business Case - Presenting Predictive Business Case
05:36

This lecture provides you with how to present your Adaptive Business Case.

Business Case - Presenting Adaptive Business Case
01:12

This is a continuation of lecture 98, applying Creating a Business Case to Bob's Towing.

Business Case - Bob's Towing Example (Part 2)
00:29
Business Case: Validate Your Understanding
3 questions
+ Centron Example and Scenario
20 lectures 49:28

This lecture introduces you to the Centron Example and Scenario.

Introduction to the Centron example
01:11

This lecture tells you all about the company Centron that hired you to help with a project for UW Madison.

Introducing Centron and the University of Wisconsin
05:16

To help Centron with their project, we first need to understand their culture.

Centron's Culture
02:14
Activity: Document Analysis on Centron's Organizational Chart
00:15

Here we break down the Centron Organizational Chart.

Centron Organizational Assessment
06:19

This lecture talks about the tree big capabilities of Centron.

Centron's Capabilities
01:21
Activity: Document Analysis on Centron's Project Proposal
00:14

In this lecture, we take a deeper look into the project proposal, put together for the UW Madison project.

Centron's Project Proposal
01:57
Activity: Document Analysis on Centron's Process Flowcharts
00:19

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 Processes
06:19

This lecture talks about the technology of Centron.

Centron's Technology
01:00
Activity: Document Analysis on Centron's Solution Scope
00:13

Now that the current state is identified, we need to understand what the future state of Centron is.

Centron's Solution Scope
04:54
Activity: Document Analysis on Centron's Business Case
00:10

In this lecture, we talk about Centron's Business Case Document.

Centron's UW Project Business Case
03:53
Activity: Document Analysis on Centron's Risk List
00:10

In this lecture we look at the risk list and assess each risk.

Centron's Risk List and Assessment
09:14
Activity: Document Analysis on Centron's Gap Analysis
00:13

The last document for Defining the Future State is the Gap Analysis.

Centron's Gap Analysis
01:03

This Lecture concludes the Centron Example and Scenario.

Wrapping Up the Centron Example
03:11
+ Wrapping Things Up
2 lectures 03:41

This short lecture is the final lecture for Conducting a Strategy Analysis using Business Analysis, and concludes what we have learned.

Conduct a Strategy Analysis - Conclusion
01:26
Bonus Lecture: Defining your next steps
02:15