In this Business Analysis Training, you will learn Enterprise Analysis. Topics covered in this session are:
• Enterprise Analysis
• Steps involved in Enterprise Analysis
• SWOT
• GAP Analysis
• Using GAP Analysis
• Feasibility Analysis
• Feasibility Analysis Matrix
• Root Cause analysis
• Fishbone Diagram
• External Environment Analysis
• PESTLE
• Portar’s Five Force Model
• Internal Environmental Analysis
• Enterprise Architecture Frameworks
• Zanchman Framework
• POLDAT Framework
• TOGAF
For more information, click on this link:
https://www.mindsmapped.com/courses/business-analysis/fundamentals-of-business-analysis/
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Agenda
• Enterprise Analysis
• SWOT
• GAP Analysis
• Using GAP Analysis
• Feasibility Analysis
• Root Cause analysis
• Fishbone Diagram
• External Environment Analysis
• PESTLE
• Portar’s Five Force Model
• Internal Environmental Analysis
• Enterprise Architecture Frameworks
• Zanchman Framework
• POLDAT Framework
• TOGAF
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Enterprise Analysis is a knowledge area which describes the
Business analysis activities that take place for an enterprise
• To identify business opportunities
• Build a Business Architecture
• Determine the optimum project investment path for that enterprise
• Implement new business and technical solutions.
Enterprise Analysis
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A thorough enterprise analysis endeavour will include:
• An examination of currently proposed business initiatives for both viability
and effectiveness
• An identification of the true, core business need(s) at hand, regardless of
what has been proposed thus far
• A description of the ideal solution to the need
• An evaluation of strategic risks and returns associated with any proposed
business solution
• The scope of the business analyst’s proposed solution(s) to the business
need, meaning what tools and processes are involved in getting to the
solution
• The creation of business requirements defining the business need and
proposed solution, complete with visuals and a sound business case
Enterprise Analysis
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• Define the business need
• Assess the capability gaps
• Determine the solution approach
• Define the solution scope
• Define the business case
Steps involved in Enterprise Analysis
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A study undertaken by an organization to identify its internal strengths
and weaknesses, as well as its external opportunities and threats.
Strengths
Weakness
Opportunities
Threats
SWOT
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Gap Analysis compares your current situation with the future state
that you want to achieve once your project is complete.
GAP Analysis
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To Conduct Gap analysis , follow these steps:
1. Identify your future (target) state : Identify the objective that needs to
be achieved
2. Analyse your current situation : Who, What and How ?
3. Identify how to bridge the gap : The process OR the Roadmap .
Using GAP Analysis
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A feasibility study is an analysis of how successfully a project can be completed,
accounting for factors that affect it such as economic, technological, legal and
scheduling factors.
The acronym TELOS refers to the five areas of feasibility - Technical, Economic,
Legal, Operational and Scheduling.
• Technical Feasibility – Can this be built?
• Economic Feasibility - Will that generate profits ? (Cost and Time based
study)
• Legal Feasibility – In legal limits and not violating the laws?
• Operational Feasibility – Will it work ?
• Scheduling – Will it be completed in the desired timeframe?
Feasibility Analysis
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Ishikawa Diagram OR Cause and Effect Diagram
The fishbone diagram identifies many possible causes for an effect or problem. It can be
used to structure a brainstorming session. It immediately sorts ideas into useful categories.
Causes are usually grouped into major categories to identify these sources of variation.
The categories typically include
• People: Anyone involved with the process
• Methods: How the process is performed and the specific requirements for doing it, such
as policies, procedures, rules, regulations and laws
• Machines: Any equipment, computers, tools, etc. required to accomplish the job
• Materials: Raw materials, parts, pens, paper, etc. used to produce the final product
• Measurements: Data generated from the process that are used to evaluate its quality
• Environment: The conditions, such as location, time, temperature, and culture in which
the process operates
Fishbone Diagram
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• A PESTEL analysis is a framework or tool used by marketers to analyse and
monitor the macro-environmental (external marketing environment) factors
that have an impact on an organisation.
• The result of which is used to identify threats and weaknesses which is used
in a SWOT analysis.
PESTLE
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Political: Control over internal politics and having good
knowledge of all the external politics factors which may affect
the working.
Economic : Financial model and accounting techniques needs
to be revisited time and again. Modify as per the inflation,
recession , minimum wages law etc.
Sociological : Unique characteristics of the people in the
environment your company operates in.
Technological : This factor takes into consideration all events
that affect technology. Since technology often becomes
outdated within a few months after it is launched
Legal: This factor takes into consideration all legal aspects like
employment, quotas, taxation, resources, imports and
exports, etc.
PESTLE
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Porter's five forces analysis is a framework for analyzing the level of competition within
an industry and business strategy development.
With a clear understanding of where power lies, you can take fair advantage of a
situation of strength, improve a situation of weakness, and avoid taking wrong steps.
Five Forces Analysis assumes that there are five important forces that determine
competitive power in a business situation. These are:
1. Supplier Power
2. Buyer Power
3. Competitive Rivalry
4. Threat of substitution
5. Threat of new entry
Portar’s Five Force Model
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Internal Environmental Analysis
• MOST Analysis
M.O.S.T. analysis is a highly-structured
method for providing targets to team
members at every level of an organisation.
Working from the top down, it ensures that
you retain focus on the goals which
matter most to your organisation.
• Mission : Being specific in what needs to be
accomplished
• Objective : collection of individual goals
that will add up to reaching your overall
mission.
• Strategy : What actions should be taken in
order to accomplish your objectives, and in
turn, your mission
• Tactics : Your tactics should be the specific
details that will guide your daily activities
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Zanchman Framework
• The Zachman Framework is an enterprise ontology and is a fundamental
structure for Enterprise Architecture which provides a formal and
structured way of viewing and defining an enterprise.
• The ontology is a two dimensional classification schema that reflects the
intersection between two historical classifications.
• A schema for organizing architectural artifacts (in other words, design
documents, specifications, and models) is used to take into account both
who the artifact targets (for example, business owner and builder) and
what particular issue (for example, data and functionality) is being
addressed.
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POLDAT Framework
POLDAT is an acronym for Process, Organization and Location (Business
Architecture) and Data, Applications and Technology (Systems Architecture).
• Process – the business processes that flow value from the organization to
the customer.
• Organization – the organizational entities that operate the business
processes, including the management teams, staff positions, roles,
competencies, knowledge and skills.
• Location – the location of the business units and other organizational
entities, e.g., call centers, distribution centers, etc.
• Data – the data and information that is the “currency” of the organization,
flowing through the processes to accomplish the business functions.
• Applications – the information technology (IT) applications that enable the
business processes to operate efficiently and provide decision-support
information to the management team.
• Technology – the enabling technology that supports the operation of the
processes and applications.
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TOGAF
The Open group architecture framework
As shown in the figure, TOGAF divides an enterprise architecture into four
categories, as follows:
• Business architecture—Describes the processes the business uses to
meet its goals
• Application architecture—Describes how specific applications are
designed and how they interact with each other
• Data architecture—Describes how the enterprise datastores are
organized and accessed
• Technical architecture—Describes the hardware and software
infrastructure that supports applications and their interactions