By Cadle, James; Paul, Debra; Turner, Paul
The improvement of commercial research as a certified self-discipline has prolonged the position of the enterprise analyst who now wishes the widest attainable array of instruments and the talents and information with the intention to use each one while and the place it truly is required. This new version offers ninety nine attainable ideas and sensible suggestions on how and while to use them.
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Additional info for Business Analysis Techniques : 99 essential tools for success
Once the SWOT has been produced it is important to distinguish the key issues, since there may be a large set of entries, some of which are unlikely to 15 BUSINESS ANALYSIS TECHNIQUES yield more than minor changes. It is the key SWOT issues that should be examined in detail. These should form the basis for the strategy definition. Technique 7: Ansoff’s matrix Variants/Aliases This is also known as Ansoff’s Box. Description of the technique Ansoff’s matrix provides a set of strategic alternatives that may be considered by organisations when defining their business strategy.
Task The tasks set out how the work is done and the goals to be achieved; task changes are often at the heart of business improvement as organisations strive to deliver value to customers. The tasks may be affected by changes to the other elements. For example: yy If it is decided to change the management style whereby decision-making is devolved to front line staff, this will change the way in which tasks are conducted. 21 BUSINESS ANALYSIS TECHNIQUES yy If it is decided to change the people doing the work, this will impact upon the tasks.
Know-how: The information held within the organisation, and the way it is used to support the organisation’s work. 2 Resource Audit Physical Financial Human The Organisation Reputation Know-how Using the Resource Audit The Resource Audit is used to identify areas of strength and of weakness within an organisation. For each area listed, we need to determine whether the organisation has access to resources that will enable it to develop and grow, asking, for example: yy Does the organisation have access to financial resources that will enable the development of new products or services or is it in financial difficulty, lacking the ability to invest in new products or services?