Balanced Scorecard & The Business Analyst

Balanced Scorecard & The Business Analyst

The Balanced Scorecard is a strategic planning technique that can be applied in business analysis to ensure that an organization can transform its mission and vision into specific and actionable goals. It also allows monitoring how the business is dong in terms of achieving these goals.

This kind of analysis typically involves:

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Four Corner's Analysis

When defining business strategy, it’s not enough to only understand your own competencies as a business. It’s also important to look into the competencies of your competitors to predict what their next moves might be and position yourself appropriately. Porter’s Four-corner analysis provides a framework for achieving this.

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Types of Questions To Use In Questionnaires/Surveys

 Types of Questions To Use In Questionnaires/Surveys

This article discusses popular question formats that can be applied to surveys. It is recommended to use a minimum of two different formats and a maximum of four different types. It is also advisable to use at least one question type, which allows respondents to provide comments (e.g. the open-ended format).

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Tips For Developing Questionnaires & Surveys

Surveys are the preferred elicitation technique when faced with a large number of stakeholders or when stakeholders are geographically dispersed and you need to gather the same information from them. Surveys can also be used to gather requirements anonymously. A practical application is as follows: using it to gather information on stakeholders’ reactions to existing systems or proposed requirements.

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The Six Thinking Hats Technique

The Six Thinking Hats Technique was introduced by Edward de Bono as a lateral thinking approach. It is particularly useful in assessing the ideas gleaned from brainstorming activities. It facilitates critical thinking and creativity by ensuring that participants are better able to see the different perspectives to an issue before arriving at a conclusion.

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An Overview of SWOT Analysis Technique

Businesses in today’s world are often faced with complex situations that require an assessment of their position and identification of innovative ways to stay ahead. With the correct strategy in place, the potential of a business can be improved. SWOT Analysis is one technique that can be used to identify that strategy. It can be applied to solving both personal and business problems.

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Joint Requirements Planning Technique: Use Case Workshops

Conventional techniques like observation and interviews typically take significant time to organize. Joint Requirements Planning techniques on the other hand, have the added advantage of saving time because they involve bringing system owners, analysts, users, designers and builders together to identify problems, define requirements and analyse within a Joint Application Development framework. These workshops can run for 3-5 days with the analyst playing the role of a facilitator.

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