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business analysis Tagged Articles
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Dowsing for Requirements
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| Dowsing is a method for "devining" where water might be before you drill. Given the challenges of getting good business requirements from the business community, it might be time to try to apply this fringe technique to the process of business analysis. |
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Why We NEED A Business Analyst
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| Because the ability to think through the development of our business processes often comes spontaneously to us as entrepreneurs we are inclined to underestimate the skills, time and effort required to develop the systems we need to allow our business to grow to the next level. This is why we may benefit from the services of an experienced business analyst.
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FIVE STEPS TO GETTING THE FEES YOU KNOW YOU DESERVE
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| By John Doerr
One of the most common laments I hear from service business executives goes like this:
"Our services are becoming a commodity. Everyone is out there saying they can do the same thing we do, pushing fees further and further down. Prospects are just buying on price."
Unfortunately as service providers, there are aspects of what we provide that have become commodities. Price competition is rampant.
However, if you follow these five steps to provide value before, during, and after the sales process, you will get the fees you know you deserve.
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Business ratios
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| Business ratios are tools that help you in evaluating the current performance of your business. |
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Social Co-Creation and Product Development – A Systematic View
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| Social Co-creation can be seen at all the eight stages of what is popularly being referred to as the New Product Development by marketing gurus. Let us take all these stages under three broad points and see how co-creation is vital at each level. |
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Other business analysis Related Articles
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Certified Lender Programs
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| The Certified Lenders Program (CLP) is designed to provide expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders are expected to perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA reviews the lender's credit analysis rather than conducts a second analysis. SBA still makes the final credit and eligibility decision but, by completing a credit review instead of an independently conducting analysis, SBA strives for 3-day (working days) turn around in arriving at its decision. |
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UNDERSTANDING FINANCIAL AND OPERATING RATIOS
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| The analysis of ratios can and will prevent most business bankruptcies.
The analysis of ratios can and will maximize your company's profit, sales, productivity potential.
This article includes 31 of the most important ratios worth tracking.
Each ratio includes the formula (so you don't need to go to your accountant)plus what the ratio could mean to your business. |
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SWOT as a Public Relations Planning Tool
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| Used properly SWOT analysis is a remarkably simple and powerful PR planning tool. Here are a few thoughts on using the technique in the analysis of strengths, weaknesses, opportunities and threats when developing a PR campaign. Here are ten things you should do and ten things you should not do. |
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Market Analysis Template
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| When looking into a new business proposition or else brainstorming for your current market a market analysis template can be used rather effectively. What this does is break down your market segment into clearly defining traits that your market has to help you figure out how to better serve you customers.
There are more than a few market analysis templates floating around for free, a simple web search will net you more than you would ever use. However, an understanding of the components that make up a market analysis template and making sure you have everything you need in place can be very helpful. I just so happen to have a few ideas on that. |
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Just how does Analysis Paralysis or avoidance issues affect you in your business?
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| Just how does Analysis Paralysis or avoidance issues affect you in your business?
These two issues are something that occur in many businesses - you can get so involved with analyzing everything, that you forget you are in business to achieve something - like making money and helping your clients.
Of course, you could just be avoiding doing something - and that has the same impact as analysis paralysis. |
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The Critical Step of Current-state Analysis & Review in Strategic Planning
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| What is the definition of success and how can you get there if you don’t know where you are starting from? Obviously it makes sense that you need to know your point of origin to determine the optimal route to your desired destination. If that is the case in our day-to-day lives, then why do so many forget to apply that simple concept in business – and in this case – in our business planning? This article focuses on a major step of critical importance in your planning process – a review and analysis of your organization’s current-state. Learn how to do it and what information you will need in the analysis. |
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Use Creativity when Generating a SWOT
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| A part of the Strategic Process is a SWOT analysis ( It stands for Strengths, Weaknesses, Opportunities, and Threats). Many groups do a perfunctory job of this analysis, and this is a big mistake. This article shines a light on some best practices in doing a SWOT. |
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The Infinite Loop to Nowhere
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| We've all experienced it in business. The analysis of every detail, every potential outcome. We search and search for facts, figures, consenting opinions, a quorum vote - we want to be sure. We let analysis get in the way of success. Especially as our world accelerates around us. All that analysis puts us farther and farther behind. |
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Ilusions in Regression Analysis
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| Soyer and Hogarth’s article, “The Illusion of Predictability,” shows that diagnostic statistics that are commonly provided with regression analysis lead to confusion, reduced accuracy, and overconfidence. Even highly competent researchers are subject to these problems. This overview examines the Soyer-Hogarth findings in light of prior research on illusions associated with regression analysis. It also summarizes solutions that have been proposed over the past century. These solutions would enhance the value of regression analysis.
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Highest and Best Use Analysis
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| Highest and best use analysis can assist an owner in maximizing return. Highest and best use analysis can be performed for acreage, site development, and for improved properties. Research and planning can substantially increase investment returns. |
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