Strategic business analysis involves taking an outcome-focused, holistic view of an organization to understand its business context, challenges, and environment. It frames the scope of needed transformations by articulating business needs and shaping the agenda. Strategic business analysts identify critical business solutions and needs within the context of a company's overall direction. Strategic business analysis encompasses pre-project work to identify opportunities, develop business cases, and recommend projects that support organizational goals.
Strategic business analysis involves taking an outcome-focused, holistic view of an organization to understand its business context, challenges, and environment. It frames the scope of needed transformations by articulating business needs and shaping the agenda. Strategic business analysts identify critical business solutions and needs within the context of a company's overall direction. Strategic business analysis encompasses pre-project work to identify opportunities, develop business cases, and recommend projects that support organizational goals.
Strategic business analysis involves taking an outcome-focused, holistic view of an organization to understand its business context, challenges, and environment. It frames the scope of needed transformations by articulating business needs and shaping the agenda. Strategic business analysts identify critical business solutions and needs within the context of a company's overall direction. Strategic business analysis encompasses pre-project work to identify opportunities, develop business cases, and recommend projects that support organizational goals.
Realized by a Business Analysis Centre of Excellence Strategic business analysis involves outcome focused thinking, simultaneously understanding business context, business challenges, and the complexities of the internal and external environment to frame the scope of the transformation, articulate the business need/outcome, and shape the agenda for transformation. Strategic business analysis requires a focus on all aspects of the organization. It leverages business analysis, change leadership, and program and project management. Strategic business analysis focuses on ‘what and why’, not the ‘how’ of solution implementation.
Strategic business analysts identify business needs and
solutions within the context of the overall direction of a company. They develop and implement critical business solutions through information gathering, synthesis, review, and testing
Strategic Business Analysis (aka Enterprise Analysis)
encompasses all of the pre-project work to identify business problems, define business opportunities, develop a business case, and recommend whether to initiate a project. This level of business analysis is relatively methodology independent because it has nothing to do with software development per se. The only impact is the form in which the outcome is expressed. If a traditional methodology is in place, Strategic Business Analysis delivers business strategies, goals, and objectives and develops Project Scope and Business Requirements. For an Agile SDM, Strategic Business Analysis defines the high- level of the project in terms of Themes and Business Epics, which are less formal and postpone details until the developers need them. In either case, those performing this level of business analysis need a broad set of tools and techniques to ensure that the resulting projects support the organization’s business goals and objectives.
What is strategic business analysis?
An approach to business analysis with the following characteristics:
Focused on value, business vision and strategic objectives. Interventions prioritized according to risk: Strategically critical areas come first Encourages a balanced portfolio: Capability expansion + Capability perfection