Course Objectives
IIBA Endorsed Certified Business Analyst - Virtual Learning
Course Objectives
By the end of the course, participants will be able to:
Defend the value of research and analytics in a business environment
Apply strategic thinking to analyze their current business environment
Structure a problem and break it down into smaller independent issues
Create a work plan that prioritizes resources and focuses team efforts
Identify the right sources for data through research and expert interviews
Analyze and interpret complex data
Create and customize pivot tables to analyze data efficiently
Build structured arguments to communicate findings
Develop a structured story to present to leadership
Present findings to team members and senior leadership
Target Audience
New and advanced analysts and project managers who are involved in researching, analyzing and investigating business problems and issues related to their organization.
Target Competencies
Problem management
Problem solving ability
Analytical thinking
Conceptual thinking
Analysis of data
Using Pivot tables
Balanced decision making
Results orientation
Course Outline
- Overview of the role of the business analyst
- The business analyst’s scope of work
- Business analysts as internal consultants
- Active data gathering
- Overview of problem solving approaches
- Generating creative solutions
- Intelligence versus creativity
- Effective decision making
- Choosing between alternatives
- Thinking strategically
- An overview of strategic thinking
- The three big strategic questions
- Key elements of a successful strategy
- Strategy and the quest for competitive advantage
- The importance of strategy
- The 5 Cs of strategic analysis
- Porter's 5 forces impact Potential Industry Earnings (PIE)
- Creating and capturing value
- Conducting SWOT analysis
- Fundamentals of PEDESTL framework
- Structuring problems
- The importance of structuring problems
- Defining the right issue
- Using the issue statement
- Dividing issues into manageable parts
- The use of logic trees in problem solving
- Prioritizing and planning
- The importance of prioritizing work
- Eliminating non-essential issues
- Using the 80:20 rule
- Prioritization methodologies
- Using the prioritization matrix
- Developing practical project plans
- Building an effective work plan
- Conducting analyses
- Getting the right data
- Types of research
- Primary research development
- Secondary research development
- Using pivot tables for analysis
- Introduction to pivot tables
- Creating pivot tables
- Customizing pivot tables
- Performing calculations within pivot tables
- Creating calculated fields
- Creating calculated items
- Using cell references and name ranges
- Managing pivot table calculations
- Communicating and presenting
- Turning data into findings
- Building effective arguments
- Communicating findings by telling a 'story'
- Story telling elements
- Designing powerful presentations
- Presenting to senior management