In business as in war, understanding your enemy is critically important. When looking to launch into a new industry, you’ll want to understand your competitors capabilities, weaknesses, goals, economic strategy…
Category: Business Analysis
Adopting game theory to understand the incumbent in an industry
Assessing the attractiveness of an industry using the 5 forces
In this blog post, I aim to discuss how we, as economists understand the relative performance of companies that operate within different industries. This is a hugely important skill as looking at the…
Effective Steps To Monetising Your Website
Although we love blogging here at Netshock, we need to generate enough revenue to at least keep the servers online. As such, we’ve tried and tested a number of ways…
*Updated* Stakeholder Analysis & Management
Stakeholder analysis and management is a critical part of any project. Why? Well, you need as many people championing your project and as few causing obstructions and difficulties as possible….
Documenting and managing requirements as a business analyst
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] Solid documentation is an absolute necessity. It’s used throughout the lifecycle of the project. It’s what stakeholders sign-off on; it’s what the developers…
The Netshock Business Analyst Model
There are so many pieces of the business analyst role & they’re often documented in several different places & it’s hard to see where they fit in the overall structure…
Establishing requirements: elicitation, analysis & validation
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] OSCAR stands for objectives (business & project), scope (deliverables of the project), constraints (budget, timescales & standards), authority (business owner of project) and…
Writing a business case that sells
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] Business cases are key to projects in most organizations. A well written business case provides senior management with the information they need to…
Business Analysis: Defining The Solution
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] Defining a solution as a business analyst is all about understanding what the problem is, as we discussed here and what the stakeholder needs are, as…
The Business Analysis Methodology Model
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] We have two business analysis frameworks at our disposal to enable us to place all the various techniques that we use in context…