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Ma. Rica Lira A.

Leynes
John Ryan Geoffrey L. Sadia
BSAIS-2B

Strategic Analysis and Business analyst

Strategic analysis is a process that involves researching an organization's business


environment within which it operates. 
Strategic analysis is essential to formulate strategic planning for decision making and smooth
working of that organization.
Strategic Analysis Process

 1. Perform an environmental analysis of current strategies.


 2. Determine the effectiveness of existing strategies.
 3. Formulate plans.
 4. Recommend and implement the most viable strategy.

Strategic analysis process model

Level of strategy

1. Corporate-level (Portfolio)

At the highest level, corporate strategy involves high-level strategic decisions that will help a
company sustain a competitive advantage and remain profitable in the foreseeable future.
Corporate-level decisions are all-encompassing of a company.

 
2. Business-level

At the median level of strategy are business-level decisions. The business-level strategy
focuses on market positions to help the company gain a competitive advantage in its own
industry or other industries.

3. Functional-level

At the lowest level are functional-level decisions. They focus on activities within and between
different functions aimed at improving the efficiency of the overall business. The strategies are
focused on particular functions and groups.

What is the role of Business Analyst?

The business analyst’s primary objective is helping businesses implement technology


solutions in a cost-effective way by determining the requirements of a project or program, and
communicating them clearly to stakeholders, facilitators and partners.

Strategic analysis tools

 SWOT analysis gives you a better insight into your internal and external business
environment. However, it does not always prioritize the results, which can lead to an
improper strategic action.
 PEST analysis - (political, economic, social, technological,)- a technique for
understanding the various external influences on a business.

 Scenario planning - a technique that builds various plausible views of possible futures
for a business.
 Critical success factor analysis - a technique to identify the areas in which a business
must succeed in order to achieve its objectives.
 The Five Forces - a framework for looking at the strength of five important factors that
affect competition - potential entrants, existing competitors, buyers, suppliers and
alternative products/services. Using this model, you can build a strategy to keep
ahead of these influences.

BUSINESS ANALYST

 A business analyst is someone who analyzes an organization or business domain and


documents its business or processes or systems.
 Business Analyst helps in guiding businesses in improving processes, products, services
and software through data analysis

What is the role of Business Analyst?

The business analyst’s primary objective is helping businesses implement technology solutions
in a cost-effective way by determining the requirements of a project or program, and
communicating them clearly to stakeholders, facilitators and partner
Requirements as Business Analyst

 A condition or capability needed by a stakeholder to solve a problem or achieve an


objective.
 A condition or capability that must be met or possessed by a solution or solution
component to satisfy a contract, standard, specification, or other formally imposed
documents.
 A documented representation of a condition or capability as in (1) or (2).”

What it takes to be a Business Analyst?

 Written and verbal communication, including technical writing skills


 Understanding of systems engineering concepts
 The ability to conduct cost/benefit analysis
 Business case development
 Modeling techniques and methods
 Leadership

What if the Business needs did not meet?

When it comes to strategy, right or wrong is in the eye of the beholder. Full points out that a
“good enough strategy excellently implemented will trump a perfect strategy lukewarmly
implemented nine times out of ten.” Because no strategy is infallible, it’s likely that there are
things you feel should be different, but these things don’t necessarily require you to cause a
mutiny.

Conclusion
Therefore we conclude that Strategic analysis provides us a clear view of the company’s
business operations, their objectives goals and how they achieve their targets. Strategic
analysis of an organization is an essential factor when it comes to formulating a plan for the
smoother working of your company. With the help of strategic planning, you can achieve the
goals or objectives set by the company.

Improvement is the one constant in any company. You need to keep improving your
organization. So, to educate yourself, you must periodically conduct strategic analysis. This will
then help your organization to plan ahead and determine which areas need improvement.

Reference:
 https://www.google.com/search?
q=strategic+analysis+ang+planning&oq=strategic+analysis+ang+planning&aqs=chrome..69i57j
0l7.9247j1j4&sourceid=chrome&ie=UTF-8
 https://www.bridging-the-gap.com/business-analysis-process /
 https://www.google.com/search?
q=business+analysis&oq=business+analysis&aqs=chrome..69i57j0l4j69i60l3.13972j1j9&sourceid
=chrome&ie=UTF-8
 https://www.ranker.com/list/list-of-famous-analysts/reference
 https://businessanalystlearnings.com/
 https://valuer.ai/blog/50-examples-of-corporations-that-failed-to-innovate-and-missed-their-
chance/
 https://www.newyorker.com/business/currency/where-nokia-went-wrong

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