6 Strategy Analysis Flashcards
What is Strategy Analysis ?
Business analysis work that must be performed to collaborate with stakeholders in order to identify a need of strategic or tactical importance (the business need), enable the enterprise to address that need, and align the resulting strategy for the change with higher and lowe-level stategies.
A strategy may be captured in a strategic plan, product vision, business case, product roadmap, or other artifacts.
What are the TASKS of Strategy Analysis ?
- 6.1 Analyze Current State
- 6.2 Define Future State
- 6.3 Assess Risks
- 6.4 Define Change Strategy
- 0 Strategy Analysis
- 1 Analyze Current State
What is the “Analyze Current State” purpose ?
Understands the reasons why an enterprise needs to change some aspect of how it operates and what would be directly or indirectly affected by the change.
- 0 Strategy Analysis
- 2 Define Future State
What is the “Define Future State” purpose ?
To determine the set of necessary conditions to meet the business need.
- 0 Strategy Analysis
- 3 Assess Risks
What is the “Assess Risks” purpose ?
The purpose of Assess Risks is to understand the undesirable consequences of internal and external forces on the enterprise during a transition to, or once in, the future state.
- 0 Strategy Analysis
- 4 Define Change Strategy
What is the “Define Change Strategy” purpose ?
The purpose of Define Change Strategy is to develop and assess alternative
approaches to the change, and then select the recommended approach.
- 0 Strategy Analysis
- 1 Analyze Current State
What is the “Analyze Current Stat” Outputs ?
- 6.1 Current State Description
* 6.1 Business Requirements
- 0 Strategy Analysis
- 2 Define Future State
What is the “Define Future State” Outputs ?
- 6.2 Business Objectives
- 6.2 Future State Description
- 6.2 Potential Value
- 0 Strategy Analysis
- 3 Assess Risks
What is the “Assess Risks” Outputs ?
6.3 Risk Analysis Results
- 0 Strategy Analysis
- 4 Define Change Strategy
What is the “Define Change Strategy” Outputs ?
- 6.4 Change Strategy
* 6.4 Solution Scope
- 0 Strategy Analysis
- 1 Analyze Current State
What are the “Analyze Current State” Elements ?
1- Business Needs 2- Organizational Structure and Culture 3- Capabilities and Processes (capabylity-centrice view vs process-centric view) 4- Technology and Infrastructure 5- Policies 6- Business Architecture 7- Internal Assets 8- External Influencers (Industry structure, competitors, customers, suppliers, political and regulatory environment, technology, macroeconomic factors)
- 0 Strategy Analysis
- 2 Define Future State
What are the “Define Future State” Elements ?
1- Business Goals and Objectives 2- Scope of Sulution Space 3- Constraints 4- Organizational Structure and Culture 5- Capabilities and Processes 6- Technology and Infrastructure 7- Policies 8- Business Architecture 9- Internal Assets 10- Identify Assumptions 11-Potential Value
- 0 Strategy Analysis
- 3 Assess Risks
What are the “Assess Risks” Elements ?
1- Unknowns 2- Constraints, Assumptions, and Dependencies 3- Negative Impact to Value 4- Risk Tolerance 5- Recommendation
- 0 Strategy Analysis
- 4 Define Change Strategy
What are the “Define Change Strategy” Elements ?
1- Solution Scope
2- Gap Analysis (current state vs future state capabilities)
3- Enterprise Readiness Assessment
4- Change Strategy
5- Transition States and Release Planning
6.0 Strategy Analysis
This output is define as:
The context of the enterprise’s scope, capabilities, resources, performance, culture, dependencies, infrastructure, external influences, and significant relationships between these elements.
Current State Description
6.0 Strategy Analysis
This output is define as:
The problem, opportunity, or constraint which is defined based on an understanding of the current state.
Business Requirements
6.0 Strategy Analysis
This output is define as:
The desired direction that the business wishes to pursue in order to achieve the future state.
Business Objectives
6.0 Strategy Analysis
This output is define as:
Includes boundaries of the proposed new, removed, and modified components of the enterprise and the potential value expected from the future state. The description might include the desired future capabilities, policies, resources, dependencies, infrastructure, external influences, and relationships between each element.
Futur State Description
6.0 Strategy Analysis
This output is define as:
The value that may be realized by implementing the proposed future state.
Potential Value
6.0 Strategy Analysis
This output is define as:
An understanding of the risks associated with achieving the future state, and the mitigation strategies which will be used to prevent those risks, reduce the impact of the risk, or reduce the likelihood of the risk occurring.
Risk Analysis
6.0 Strategy Analysis
This output is define as:
The approach that the organization will follow to guide change.
Change Stategy
6.0 Strategy Analysis
This output is define as:
The solution scope that will be achieved through execution of the change strategy.
Solution Scope
