The event was broken down into three main parts:
The Building Blocks: Understanding the fundamental elements of a business, such as products/services, customers, markets, competitors, and more. The presenters guided the audience through the process of planning and analyzing these components systematically.
Applying the Framework: Participants were introduced to practical techniques for implementing structured business analysis in their workplace. This included preparing a business analysis plan that could be consistently applied across different projects.
Measuring and Refining: The final part focused on how to measure the effectiveness and efficacy of the analysis conducted. Participants were encouraged to interpret results critically and refine their strategies to ensure continuous improvement.
Engaging the Audience
To make the session interactive and relatable, the presenters incorporated a group exercise where participants were divided into different organizational roles—such as executives, function managers, and operations teams. This exercise aimed to help attendees step into the shoes of these key roles, considering their focus and priorities within the business context.
One particularly engaging example was the “Buying a Car” scenario, used to illustrate the analysis framework. This example helped attendees understand how to apply structured analysis in a practical, everyday situation, highlighting the importance of outcome-driven decision-making.
A Path Forward
The session concluded with an invitation to delve deeper into the world of business analysis. Attendees were encouraged to continue exploring various industry-standard models and frameworks, with the presenters offering guidance on how to apply these tools effectively.
Overall, the event was a resounding success, providing valuable insights and practical tools that attendees could immediately implement in their work. Frazer Tremble’s commitment to fostering a culture of continuous learning and professional development was evident throughout the session, making it an essential experience for anyone involved in business analysis.
Stay tuned for more events like this as Frazer Tremble continues to lead the way in business transformation and analysis!
