Strategy Analysis Flashcards by Leila Nassar

SA Tasks

Analyze Current State
Define Future State
Assess Risks
Define Change Strategy

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Difference between “predictable range of outcomes” and non-predictable outcomes”

Predictable: future states can be distinctly mapped with clear strategies for achieving outcome

Non-predictable: efforts are often “mitigating risk, testing assumptions, and changing course” as different strategies are tried until one is identified that will succeed in meeting business goals.

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Inputs to Analyze Current State task

Elicitation Results

Needs

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Outputs from Analyze Current State task

Current State Description

Business Requirements

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Guidelines and Tools for Analyze Current State task

Organizational Strategy
Solution Performance Goals
Stakeholder Analysis Results
Business Analysis Approach
Solution Performance Measures
Solution Limitation
Enterprise Limitation

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Stakeholders for Analyze Current State task

Customer 
Domain SME
End User
Implementation SME
Operational Support
Project Manager
Regulator
Sponsor
Supplier
Tester

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Tasks using output Current State Description (EGF RiD PAR)

Plan Stakeholder Engagement
Plan BA Governance
Define Future State
Assess Risks
Define Change Strategy
Analyze Potential Value and Recommend Solution
Assess Enterprise Limitations
Recommend Actions to Increase Solution Value

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Components of the output Current State Description

Scope
Capabilities
Resources
Performance
Dependencies
Infrastructure
External Influences
Culture

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Define the output Business Requirements

Description of the business need in terms of the problem(s), (opportunity(ies), or constraint(s) that are established after analyzing the current state.

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Business Needs: internal and external sources

Top-Down
Bottom-Up
Middle-Out
External Drivers

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Two ways to analyze current state in terms of org processes and capabilities

Process-centric view (performance improvement)

Capability-centric view (innovative solutions)

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External Influencers to current state

Industry Structure
Competitors
Customers
Suppliers
Political and Regulatory Environment
Technology
Macroeconomic Factors

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Tasks using Business Requirement output

Define Future State

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Inputs to Define Future State

Business Requirements

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Outputs for Define Future State

Business Objectives
Future State Description
Potential Value

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Goals and objectives construction when defining future state (SMART)

Specific
Measurable
Achievable
Relevant
Time bounded

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Typical project constraints

time, cost, resources

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Typical technical constraints

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technology, software, infrastructure, hardware

Typical business constraints

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org policies
laws and regulations
staff and skill availability
protecting stakeholders from disruption during change (e.g., doctors in ER)

6 techniques used in ALL SA tasks

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Business Cases
Financial Analysis
Interviews 
Lessons Learned
Mind Mapping
Workshops

9 techniques used in ALL BUT Assess Risk

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Benchmarking and Market Analysis
Business Capability Analysis
Business Model Canvas
Functional Decomposition
Organizational Modeling
Process Modeling
Scope Modeling
SWOT Analysis
Vendor Assessment

Techniques used by ALL BUT Analyze Current State and why

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Brainstorming
Decision Analysis
These techniques explore ‘to be’ not ‘as is’ state

Techniques used by ALL BUT Define Change Strategy and why

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Survey and Questionnaire

This would not be used to facilitate gathering info to develop and assess alternative approaches

5 techniques used ONLY in Analyze Current State

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Concept Modeling
Data Mining
Item Tracking
Observation
Process Analysis

3 techniques used ONLY in Define Future State

Acceptance and Evaluation Criteria Decision Modeling Prototyping

1 technique used ONLY in Define Change Strategy

Estimation | Estimation is used to determine timelines for activities in the change strategy

3 techniques used in COMBO with Analyze Current State & Define Change Strategy

Document Analysis Risk Analysis and Management Root Cause Analysis All document info on ‘as is’ and then use in assessing risk Example: root cause analysis provides an understanding of cause in the ‘as is’ state and then used to address risk of the underlying cause

Technique used with BOTH Define Future State and Define Change Strategy

Balanced Scorecard – set targets for measuring ‘to be’ & change strategy

Technique used with BOTH Analyze Current State and Define Change Strategy

Focus Groups – solicits ‘as is’ feedback from customers and solution/change strategy

Technique used with BOTH Analyze Current State and Define Future State

Metrics and KPIs – assess performance for ‘as is’ & determine when solution meets objectives

Inputs to Assess Risks task

``` Influences Elicitation Results (confirmed) Requirements and Designs (prioritized) Business Objectives Potential Value ```

Outputs from Assess Risks task

Risk Analysis Results

Elements of Assess Risks task

``` Unknowns Constraints, Assumptions, and Dependencies Negative Impact to Value Risk Tolerance Recommendation ```

Guidelines and Tools for Assess Risks task

``` Business Analysis Approach Business Policies Change Strategy Current State Description Future State Description Identified Risks Stakeholder Engagement Approach ```

Inputs to Define Change Strategy task

Stakeholder Engagement Approach Current State Description Future State Description Risk Analysis Results

Outputs from Define Change Strategy task

Change Strategy | Solution Scope

Elements of Define Change Strategy task

``` Solution Scope Gap Analysis Enterprise Readiness Assessment Change Strategy Transition States and Release Planning ```

Guidelines and Tools for Define Change Strategy task

Business Analysis Approach Design Options Solution Recommendations

Guidelines and Tolls for Define Future State task

Current State Description Metrics and KPIs Organizational Strategy

Components of solution scope (Can Data Prevent Runaway Rules Or Technology?)

``` Capabilities Data Process Resources Business Rules Organization Structures Technology ```

Capabilities that could be considered with a gap analysis (POLDAT)

``` Processes Organizational structures Locations Data and information Application systems Technology infrastructure ```

Enterprise readiness assessment - can contain enterprise's capacity to...?

absorb a change sustain a change realize value from a solution

Two other factors for enterprise readiness assessment

timeline for value to be realized | resources available to support change effort

Options to include in a change strategy

``` organizational readiness for change costs needed to make change timelines (to make change and realize value) alignment to business objectives opportunity costs ```

Strategy Analysis Flashcards

(44 cards)