Tasks and Duties
This task focuses on an integral part of a Senior Business Analyst's role: Market Research and Analysis. Your task is to select a specific industry of your choice, and conduct a thorough market research. This research should include an overview of the industry, major players, current trends, challenges and opportunities. Your deliverable will be a comprehensive DOC report detailing your findings. The report should include an executive summary, a detailed analysis of the industry, and your conclusions. Each section should be well-researched and include references to publicly available resources. The evaluation will be based on the accuracy and depth of your research, the clarity and organization of your report, and the relevance and feasibility of your conclusions.
For the second week, the task requires you to undertake Business Process Modeling (BPM) for a hypothetical company. Assume a mid-sized company that operates in the industry you analyzed in Week 1. Your task is to map out the key business processes involved in their operation. Use any BPM notation you are comfortable with. The deliverable will be a DOC file containing the process diagrams and a detailed explanation of each process. The evaluation will be based on the completeness of the business process coverage, the appropriateness of the BPM notation used, and the clarity of the explanations provided.
This week, your task is to develop a strategic business plan for the hypothetical company from Week 2. This plan should address the challenges identified in your Week 1 analysis, and leverage the business processes you outlined in Week 2. The deliverable will be a DOC file containing your strategic plan, including mission and vision statements, strategic objectives, key performance indicators, and an action plan. The evaluation will focus on the coherence and feasibility of your plan, as well as its alignment to the company’s needs and market trends.
For the final week, your task is to create a business case for a new initiative you propose for the hypothetical company. The initiative should be based on the strategic plan you developed in Week 3. Your business case should include an overview of the initiative, expected benefits, cost estimation, risk assessment, and a proposed timeline. Your deliverable will be a DOC file containing your business case. The evaluation will be based on the clarity and thoroughness of your business case, the feasibility and relevance of your initiative, and the alignment of the initiative with the strategic plan.