Business Analysis is a specialized field focused on understanding organizational needs and addressing business challenges. It is crucial across various industries for collaborating with stakeholders to resolve business issues, particularly as organizations worldwide increasingly embrace Digitization. Business Analysis entails a thorough examination of business environments, system enhancement options, defining requirements, and alignment of systems with […]
Tag Archives | SWOT
The Strategic Goals Grid, an Alternative Framework to SWOT Analysis
One of the most popular Strategic Planning tool among executives is the SWOT analysis (or SWOT matrix). However, sometimes assessing the organization’s Strengths, Weaknesses, Opportunities, and Threats is not enough to set the direction for the planning process or to implement Business Transformation. An alternative framework to SWOT analysis is the Strategic Goals Grid (SGG). […]
7 Steps to Produce a Strategy-on-a-Page (SoaP)
Every year you are asked to assess the previous year’s business performance and update your strategies to meet the needs of a changing environment, including new opportunities and emerging opposition to your business’ efforts. You have to schedule a brainstorming session with your business leaders, review your company’s vision and mission statements, measure current state […]
Everyone Knows Their Weaknesses, Now It’s Time to Exploit Your Strengths
Note from the Editor: This article was originally published in the Reading Eagle’s Business Weekly and is re-posted with their permission. It was contributed by Dr. Santo D. Marabella, The Practical Prof(R). * * * * When companies talk about setting up “shop” overseas or outsourcing certain operational functions (i.e. accounting), they are typically trying to cut costs. […]
Download Our Free Primer on Strategy Development and Strategy Execution
What is strategy without execution? Merely theory. A successful business requires both a well developed strategy and the ability to execute on that strategy. Many companies develop robust strategies, but fail at operationalizing their strategies into implementable steps. We have just released a free primer on Strategy Development and Strategy Execution. It is a 54-slide deck that […]
