BABOK v3 tutorial | What is Strategy Analysis? | Techcanvass

In this BABOK v3 Tutorial, we explore the importance of strategic analysis in the business analysis world. This is an important chapter in BABOK, which is a knowledge area and important for CBAP and CCBA Exam preparation. 00:00 Introduction to Strategy Analysis 03:20 Analyze Current State 11:46 Define Future State 20:22 Assess Risks 27:05: Define Change Strategy We will cover: 1. Elements of Strategic Analysis: Detailed breakdown of key elements including business needs, organizational structure, capabilities, and technology. Emphasis on the importance of understanding internal assets, policies, and the overarching business architecture. 2. Analyzing Current State: Insight into the sources of business needs, such as external factors, organizational structure, and current capabilities. Exploration of current assets, policies, and the overall business architecture. 3. Defining Future State: Importance of setting SMART goals for the future state. Identification of potential value, business objectives, and the scope of possible solutions. 4. Risk Analysis and Tolerance: Discussion on managing unknowns, constraints, assumptions, and dependencies. Highlighting the critical aspect of risk tolerance and its three levels. 5. Change Strategy and Business Case: Explanation of creating a business case based on the analysis. Overview of solution scope, gap analysis, enterprise readiness assessment, and the formulation of a change strategy. 🎓 Why CBAP Certification? Elevate your career with the Certified Business Analysis Professional (CBAP) certification from the International Institute of Business Analysis (IIBA). It's a globally recognized credential that validates your expertise in business analysis and strategy. Invest in your future success! 👉 Explore CBAP Certification: https://bit.ly/3GOMZEQ 🔥Techcanvass promise: In case, you are not able to clear the CBAP exam, Techcanvass promises to offer: *One special session with Trainer *Access to the next online batch of free *Extension to CBAP Prep Resources & Portal, free 🔥Related videos: 👉CBAP Certification https://youtu.be/GOYkQP1Y-Vo 👉CBAP Certification Preparation Strategy: https://www.youtube.com/watch?v=n79Flpi3LkM 👉Business Analysis Body of Knowledge (BABOK) https://youtu.be/hnyWCM_9AEE Check out these related articles 👍: ►Top 10 challenges faced by Business Analysts: https://techcanvass.com/blogs/challenges-faced-by-business-analysts.aspx ► How to Become Business Analyst https://techcanvass.com/blogs/how-to-become-a-business-analyst.aspx About Techcanvass ------------------------------------------- Techcanvass is an Information Technology certification training Organization for professionals. It offers internationally recognized certifications in the fields of Project Management, Business Analysis, and Data Analytics. Our expertise: Project Management, Business Analysis, Data Analytics, Domain Training 💠Get in touch today! Contact us now: Website: https://techcanvass.com LinkedIn: https://www.linkedin.com/company/5083303/admin/ Facebook: https://www.facebook.com/Techcanvass Twitter Handle: @techcanvass Whatsapp: https://api.whatsapp.com/send/?phone=917432010353&text&app_absent=0 Instagram Handle: https://www.instagram.com/thetechcanvass Email: [email protected] call:📞 +91 93255 66777 Thanks for Watching 💗 Subscribe @TechcanvassAcademy Our courses ---------------------------- 👉ECBA Question Bank: https://bit.ly/46E0Bx3 👉CBAP Question Bank: https://bit.ly/3RUiweJ 👉CCBA Question Bank https://bit.ly/3FkMaSP 👉CBDA Question Bank: https://bit.ly/3trRTnd 👉PMP Question Bank: https://bit.ly/3QbqVrI ✅Highly Recommended courses: 🔗IIBA CBAP Certification Course https://bit.ly/3GOMZEQ 🔗IIBA CCBA Certification course https://bit.ly/3L6d9FF 🔗ECBA Certification course https://bit.ly/3N8kFRy 🔗 AAC Certification Training course https://bit.ly/3LdPTpl 🔗 CBDA Certification Course https://bit.ly/42pM8mQ 🔗 Exploratory Data Analysis (EDA) Training:https://bit.ly/3tlqq6N 🔗 Data Analytics Fundamentals Course: https://bit.ly/3PW92wR #strategyanalysis #cbap #cbaptraining #cbapcertification #techcanvass #babok ✒️Feel free to share your comments below.