Understanding Strategic Business Planning for Business Analysts.
Matthew Coppola- Talk at the BA World Conference.
Would you all agree that it’s important for a BA to understand and clearly explain to stakeholders why their project is significant? Well it is very important, An understanding of the reason why a project is being undertaken boils down to the organisations strategic plan.
So it’s a good for a BA to understand how their project aligns with the organisations strategic plans.
Not only that, but executives look for individuals who have the ability to look at an organisation holistically and can articulate how day to day tasks support the big picture.
Now BA’s may not be involved directly in creating strategic plans, but it is good to be aware of them and make sure that all of their work aligns with the plan.
Part of the role of the Business Analyst is to interpret business strategies into proposed new business solutions and continual business operations by way of Enterprise Analysis.
The strategic planning process provides the framework in which Enterprise Analysis is conducted.
So today we will be looking at what strategic planning is and why organisations implement projects based on their strategic plan.
We will also be drawing upon examples of strategy from golf, war, chess, Monopoly, a financial planning practice and many more then tying these to business strategy.
