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BABOK Guide
BABOK Guide
10. Techniques
Introduction 10.1 Acceptance and Evaluation Criteria 10.2 Backlog Management 10.3 Balanced Scorecard 10.4 Benchmarking and Market Analysis 10.5 Brainstorming 10.6 Business Capability Analysis 10.7 Business Cases 10.8 Business Model Canvas 10.9 Business Rules Analysis 10.10 Collaborative Games 10.11 Concept Modelling 10.12 Data Dictionary 10.13 Data Flow Diagrams 10.14 Data Mining 10.15 Data Modelling 10.16 Decision Analysis 10.17 Decision Modelling 10.18 Document Analysis 10.19 Estimation 10.20 Financial Analysis 10.21 Focus Groups 10.22 Functional Decomposition 10.23 Glossary 10.24 Interface Analysis 10.25 Interviews 10.26 Item Tracking 10.27 Lessons Learned 10.28 Metrics and Key Performance Indicators (KPIs) 10.29 Mind Mapping 10.30 Non-Functional Requirements Analysis 10.31 Observation 10.32 Organizational Modelling 10.33 Prioritization 10.34 Process Analysis 10.35 Process Modelling 10.36 Prototyping 10.37 Reviews 10.38 Risk Analysis and Management 10.39 Roles and Permissions Matrix 10.40 Root Cause Analysis 10.41 Scope Modelling 10.42 Sequence Diagrams 10.43 Stakeholder List, Map, or Personas 10.44 State Modelling 10.45 Survey or Questionnaire 10.46 SWOT Analysis 10.47 Use Cases and Scenarios 10.48 User Stories 10.49 Vendor Assessment 10.50 Workshops

2.6 Tasks

2.6.4 Select Techniques for Guide Organizational-Level Strategy for Business Data Analytics

Guide to Business Data Analytics

The following is a selection of some commonly used analysis and analytics techniques applicable to the Organizational-Level Strategy for Business Data Analytics domain. The following list of techniques does not represent a comprehensive set of techniques used by an analyst in the Organizational-Level Strategy for Business Data Analytics domain but presents a small, but useful, set of techniques that can be used.

 
Techniques Usage Context for Business Data Analytics BABOK® Guide v3.0 Reference
Balanced Scorecard Used to describe a balanced view of the organization from different perspectives. It is useful for aligning the data strategy to business objectives and outcomes. Chapter 10.3
Benchmarking and Market Analysis Used to identify problems and opportunities in the current state and plan for the future state to align the organizational- level strategy. Often used with with different frameworks such as Five Forces, STEEP, and CATWOE. Chapter 10.4
Five Forces Used to analyze the market forces that determine the effectiveness of analytics strategies. For example, it can be useful to evaluate new entrants that are heavily utilizing analytics in a particular industry. Chapter 10.4 (Benchmarking and Market Analysis)
Business Capability Analysis Used to create a hierarchical catalogue of capabilities the organizaion possesses and determine the role of analytics where it can enhance or restrict any business capabilities. For example, adding analytics for sales and marketing can enhance the ability of the teams to effectively target and communicate enterprise value propositions to the customers. Chapter 10.6
Business Model Canvas Used to understand how the organization creates value propositions and how analytics is currently leveraged. It is useful in identifying areas where analytics can be a competitive advantage in delivering business outcomes. Chapter 10.8
Collaborative Games Use to encourage stakeholders in an analytics strategy formulation activity to collaborate in building a joint understanding of the strategy. Chapter 10.10
Metrics and Key Performance Indicators (KPIs) Used to understand how analytics can influence the metrics and KPIs of an enterprise as well as the KPIs for analytics strategy once implemented. Chapter 10.28
Organizational Modeling Used to understand and identify gaps in the current organizational models to design the organization strategy for analytics. Chapter 10.32
Risk Analysis and Management Used to identify and mitigate uncertainties in the analytics startegy for the enterprise. For example, it can be used to determine an alternate course of action when analytics engagements fail.  Chapter 10.38
SWOT Analysis Used to understand the enterprise's strengths, weaknesses, opportunities, and threats. It is useful for explaining the internal and external context of an organization. For example, it can be used to assess how analytics can be used to mitigate the challenges or generate opportunities for the organization. Chapter 10.46
Value Chain Analysis  Used to discover how value is added through key activities within the organization to deliver products and services to the customers. It is useful to outline the key business units where analytics can enhance the value of the offerings.  Chapter 10.6