business analysis

Business Analysis – How To Identify Needs and Solutions

Business analysis is a research discipline to identify business needs and gaps for the realisation of benefits, avoidance of cost, identification of new opportunities, understanding of required capabilities and modelling the organisation.  Solutions are then considered in the context of systems development, process improvement, technology, organisational change, strategic planning and policy development. Initiatives are identified, prioritised and planned to allow an organisation to meet its strategic goals.

Logistix leverages its proven methodology to achieve results quickly.  Some components of the methodology are:

  • Review of the business needs as a whole, its strategic direction and the needs of the stakeholders
  • Develop As-Is, To-Be Models and define the gaps (processes, systems, technology and people)
  • Identify new opportunities that will allow strategic goals to be met
  • Requirements planning and management
  • Conduct feasibility studies
  • Define and Validate the Solution(s)
  • Develop Justifications cases with Cost-Benefit evaluation
  • Detailed planning of activities
  • Manage Stakeholders

The outputs from the initiative are detailed documents such as requirements specifications of project initiation documents.  These documents contain can then be used by other teams develop solutions to improve efficiency and reduce waste.

Logistix tools used during analysis are the following:

  • Process mapping
  • Brainstorming
  • Swimlane diagrams
  • Cost-Benefit
  • Impact Analysis
  • Business Case
  • Risk evaluation
  • Stakeholder Impact Report
  • Stakeholder Management Plans
  • Communications Plan
  • Requirements Specification
  • Brainstorming
  • Interface analysis
  • Interviews
  • Reverse engineering
  • Surveys
  • User task analysis
  • Observation/job shadowing
ABC Costing Analysis

ABC Costing Tacker

 Business analysis can cover some or all of the following areas:

  • Financial Performance
  • Customer Satisfaction
  • Supply Chain Performance
  • Sales
  • KPI’s
  • Competition
  • Key Strengths
  • IT Infrastructure
  • Operational Efficiency
  • Pricing and Margin
  • Marketing
  • Product Mix
  • Credit Control
  • Communications
  • Operations Strategy
  • Planning
  • Organisational Structure
  • Safety
  • Asset Utilisation
  • Management Information
  • Risks
  • Execution Capability
  • Application software
  • Training
  • Operating Procedures
  • Sales and Operational Planning
  • Funding
  • Compliance
  • Staff Morale