What is Enterprise analysis ?
Enterprise analysis is to intercept problems affecting organization/business,define requirement which will improve productivity of business by providing solution scope with amount of risk involved and providing business case
Enterprise evaluation allows the Business Analyst to pick out the enterprise need and define the solution scope that can be carried out by the enterprise. Two tactics are used to make clear the enterprise need. First is a road map that indicates the logical steps to arrive at answers efficaciously. Second is the assignment justification, that is a part of the enterprise analysis document in the summary section.
Business analyst discover a enterprise requirement, refine and clarify the definition of that requirement, and outline an answer scope that can be implemented by commercial enterprise .
How Enterprise analysis is implemented ?
Following methods are used by Business analyst to do enterprise analysis
- Swot analysis
- Gap analysis
- Strategy analysis
- Define scope
- Define business case
- Feasibility study
- Root cause analysis
SWOT is an acronym for strengths, weekness, oppertunities and threats
Strength- Anything that the assessed organization does well , internaly.
Weakness –Those things that the assessed organization does poorly . i.e internaly
Opportunities – External factors that the assessed organization may be able to take advantages of
Threats – External factors that can negatively affect the organization group.
Gap analysis provide a foundation for measuring time , money and human resources required achieve results,Where positives and negatives of an organization are measured with respect to reference .
Conduct a brainstorming session to compete each section in the grid .Strength and weaknesses are factors internal to the organization , organization unit or solution while opportunities and threats are external factors .
A evaluation of the contemporary state and preferred future of an company on the way to identify variations the want to be addressed.
All the enterprise affecting factors need to be well defined organisation or a line of commercial enterprise within a larger organisation.
Gap analysis is an assessment device used to locate the deviation or gap between what exists versus what is favored , Adorn the gaps the use of graphs, charts and photos consist of the remarks from the stakeholders inform the involved stakeholders about the recognized gaps.
Different stages in gap analysis
- Review system
- Develop requirements
Business analyst find gap in present business process and organization goals , Hence provide solution with information technology to close the gaps
STRATAGY ANALYSIS :
Strategy analysis involves external strategy analysis and internal strategy analysis
External strategy analysis
It includes pestle technique , porter’s five force model
P-Political, E-economical, S-sociological , T- Technological, L-legal, E-environmental
Porter’s five force model
- Bargaining power of potential customers
- Barging power of suppliers
- Availability and value of alternative services or products
- Threats of new entrants
- Rivalry of competition among existing organization
Internal strategy analysis:
M-Mission ,O-objectives, S- strategy, T- tactics
Project scope – what client requirements to be fulfilled ,Solution scope – Solution is defined in terms of the foremost features and capabilities which are to be covered, and the interactions that the solution with human resources and systems out of its scope. State in scope and out of scope components of the solution .Describe the enterprise process so one can be concerned or redesigned process owners and IT structures and other technology with that will be affected.
The business case provides the justification for the project. The business case needs to cover the following points: Identify assumptions: Are the assumptions credible, and developed through consensus? Usually, the business case will begin by identifying the assumptions. Some assumptions can be verified, while others may only be estimated. However, there must be a clear correlation between assumptions, problems, solutions, and deliverables. Define measurable evaluation criteria: What are the benchmarks for success?
The business case should define the value of the solution deliverable, as it is depicted in the solution scope. Business value can be more than financial. It can be a part of the overall brand building and building customer equity. Normally, a business value supports the company goals and mission. Benefit dependencies: What are the risks and other variables that can affect the desired outcome? The benefits of the deliverables should be compared to the opportunity costs of investing in other projects, or not investing at all.
A feasibility study at is a initial evaluation if solution alternatives or options to decide whether and how each choice can provide an expected commercial enterprise gain to satisfy the business need, Possibility of doing a project within some constraints like Technology, budget, and Time
Root cause analysis
- 5 why techniques
The five why is a question asking technique used to explore the effects underlying a particular problem .
- Tabular Method
- Fishbone Diagram( Cause and effect ) –Ishikawa diagram