Strategic Planning for Your Small Business

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9 Strategies for Exerting Your Expertise

Expertise means knowing and understanding everything possible about a particular subject area. Expertise is also a source of power and influence, and in order to ‘get on’ you need to exert yours. Here [more…]

8 Secrets of Providing Exceptional Service

The quality and value of the services that you provide are important considerations. To acquire – and retain – customers and clients, you need to provide exceptional service to them. Here is a selection [more…]

9 Considerations for Going Global with Your Business

For many business leaders, going global is both a driving ambition and a recognition of their excellence at what they do – and the rewards of successfully doing so can be enormous. However, you must be [more…]

Competitive Strategy For Dummies Cheat Sheet (UK Edition)

Assessing the competitive environment, establishing a competitive position and developing a strategy are key to being able to identify and take advantage of business opportunities that arise. Having a [more…]

7 Steps to Selling a Micro-Entrepreneurial Business

Your micro-entrepreneurial business is a product, and it can be sold like anything else. If you’ve developed a large customer base for your micro-entrepreneurial business, you can get a lot of money for [more…]

Grow a Micro-Entrepreneurial Business through Franchising and Dealerships

If your micro-entrepreneurial business is a business model that can be copied and sold, consider franchising or creating dealerships. You can grow your micro-entrepreneurial business and make more money [more…]

The 5 Whys: A Root Cause Analysis Technique

“Why” is such a powerful question that it’s the basis for a root cause analysis technique called the5 whys. The thought is that by the time you ask a stakeholder “Why?” 5 times, you generally have arrived [more…]

Use Metrics to Measure Progress of Process-Improvement Projects

When you’re involved in process improvement projects as a business analyst, a key task is to take time to define the metrics you’ll use to measure success. The measures differ, depending on the industry [more…]

Division of Labor in Large Business Analysis Projects

On new development or mission-critical projects, several people may perform business analysis work. If so, business analysis planning may be divided among different business analysts. In these cases, the [more…]

Plan for Contingencies in a Business Analysis Project

In business analysis projects, plans become outdated as soon as you start executing. As you discover new information about the people, project characteristics, and process, those changes impact your plan [more…]

Maximize the Business Analyst–Project Manager Relationship

Although many teams nowadays have one person function as both the project manager (PM) and business analyst (BA), a lot of teams still have different people performing those roles. One of the challenges [more…]

5 Tips for Conducting a Requirements Review Session

When verifying and validating solutions, you perform a requirements review, a structured audit in which you give participants the opportunity to ask questions and make suggestions in order to improve the [more…]

10 Roles for Business Analysis Professionals

Aside from fulfilling a business analyst (BA) role at a company, you may have the opportunity apply your various business analysis skills to other roles. You can parse out individual business analysis [more…]

Identify Competitors to Your Micro-Entrepreneurial Business

Potential customers will either buy from your micro-entrepreneurial business or someone else. Identifying your business competitors helps you focus your marketing efforts and protect your existing client [more…]

Competitive Intelligence: Use Expert Panels to Predict the Future

Although predicting the future seems nearly impossible, competitive intelligence can tackle the challenge with a host of tools, including an expert panel [more…]

How to Analyze Competitive Intelligence Information

In the world of competitive intelligence, analysis transforms raw information into knowledge and insight, shedding light on future action your organization must take in order to capitalize on opportunities [more…]

How to Convince Executives to Act on Competitive Intelligence

Even when an organization’s leadership has all the information and research it needs to execute a positive change, it may fail to take action. In fact, about 80 percent of all change initiatives fail, [more…]

10 Forces that Impact Businesses

Competitive intelligence (CI) enables an organization to continually evolve in response to ever-changing conditions. These conditions, or forces, can be classified into ten distinct categories. The first [more…]

Performing a Business Impact Analysis for a Project

A business impact analysis (BIA) is a business analysis tool that helps you predict how significantly your project will impact the business. You use it to gather information about the project's various [more…]

Business Analysis: A Basic Project Life Cycle

Business analysis projects all follow the same basic life cycle. A project is a set of steps that accomplish something, so describing business analysis activities as part of a project life cycle makes [more…]

Business Analysis: 15 Areas for Process Improvement

A major business analysis task is overseeing process improvement — identifying, analyzing, and improving an existing business process so the company can integrate processes from mergers and acquisitions [more…]

Business Analysis For Dummies Cheat Sheet

Becoming a master in business analysis is a goal many business analysts (BAs) have, but it can be a difficult one to achieve because this field is constantly changing and evolving. The business analysis [more…]

6 Steps to Finding Future-Focused Competitive Intelligence

When gathering competitive information, you may begin with some general data-mining on a topic and discover that what you're researching is far from a new idea. The information isn't especially helpful [more…]

5 Key Concepts of Competitive Intelligence

To perform competitive intelligence (CI) effectively, you need to have a solid understanding of what CI is and what it's not. By spending a few moments reviewing the following list of key concepts and [more…]

9 Ways that Competitive Intelligence Can Help Your Organization

Decision makers in your organization may need to be convinced that CI is indeed valuable. You can't simply stick a dollar figure on CI, but a list of benefits that highlight exactly how CI functions as [more…]

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