Business analysis can make or break an organisation, so managers have to ensure that their business analysis models point them in the right direction.
Managers have to know how to do business analysis effectively and know what they are looking for, and also draw the right the conclusions from what they find. Not only that, but they must take the correct action based on that business analysis and structure accordingly.
Everyone learns from their mistakes and the ability to use business analysis to spot errors and correct them is invaluable. This means making the best of what seems to be a bad job.
For example, there was one company that had invested in a new product that ended up making heavy losses because a typical business analysis error had been made: historical data had been extrapolated into the future. They had misread their sales and demand.
The company then embarked on some new business analysis, scaled down production and attacked the market from a different segment. The product then went on to dominate its market sector and became a highly profitable market leader.
You can find out more in the business analysis articles below.
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Submitted by Robert Heller on Tue, 2009-03-31 14:02
Submitted by Edward de Bono on Fri, 2008-12-19 00:04
Submitted by Robert Heller on Tue, 2008-09-23 11:10
Submitted by Edward de Bono on Tue, 2008-09-23 00:21
Submitted by Robert Heller on Fri, 2008-07-18 00:37
Submitted by Edward de Bono on Tue, 2008-05-27 18:42
Submitted by Edward de Bono on Thu, 2008-05-01 22:42
Submitted by Edward de Bono on Tue, 2008-03-04 12:01
Submitted by Edward de Bono on Sun, 2008-02-10 23:59
Submitted by Edward de Bono on Thu, 2008-01-17 00:57
Submitted by Robert Heller on Sun, 2006-07-09 13:11
Agile management and the agile organisation by Robert Heller at Thinking Managers
Submitted by Robert Heller on Sat, 2006-07-08 21:19
International Trade: Translating business success across the Atlantic - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business Information: Managing business intelligence - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Stocktaking: Improvement through quality - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business Assessment: Learning from your mistakes - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Troubleshooting: Expert advice for small business - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Integrity: Gary Lineker and the quest for personal improvement - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Intellectual Capital: Management now has to take care of not one but three varieties of intellectual capital - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business Systems: Why speed is of the essence - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Future Business: The importance of being a visionary for future success - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Information Management: Make sure you manage information and data rather than let it manage you - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business Structure: Management frameworks and business models in the modern corporate world - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Strategic Planning: Setting the right goals and formulating a sound business strategy - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Strengths and Weaknesses - SWOT analysis - business insight from Thinking Managers by Edward de Bono and Robert Heller
Submitted by Edward de Bono on Sat, 2006-07-08 21:18
Thinking Skills: Provocation, juxtaposition, conversion and other creative thinking skills - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Management Ethos: Develop your own management philosophy by taking tips from the masters - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Pareto's Law - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business Strategy: Management by judo, an old/new approach to strategy in business - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Radical Management and Results: You can be radical in your management thinking but don't put the means above the end - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
The Future of Business: Look to the future for business success - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Management and Organisation: Don't underestimate the importance of a clear management hierachy and organisation - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
False accounting: The way forward after 2002, the worst year for management in post-war history - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Edward de Bono on Sat, 2006-07-08 21:18
Change in Management Thinking: How to change the way people are thinking in management - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Total Productive Management: How manufacturers are accomplishing miracles by managing productively - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Management Styles - The Buffett Way: Learn from the maestro himself - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Management and Statistics: Never ignore the power of statistics in business management - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business Strategy - The Convention Unwisdom: Why doing what you are told is an overrated virtue - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Edward de Bono on Sat, 2006-07-08 21:18
Improvement and Equilibrium: Perceived equilibrium should not rule out improvement - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Threat and opportunity: How to turn a threat to your business into an opportunity - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Changing the scenario: Businesses should plan for multiple scenarios - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Business theory & imitation: Imitation is no substitute for imagination in business - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
Entrepreneurial Management: What's the difference between management and entrepreneurship? - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Edward de Bono on Sat, 2006-07-08 21:18
Design and judgment: Why we need to change our emphasis from judgment to design - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Edward de Bono on Sat, 2006-07-08 21:18
Value and creativity: Without value, creativity is useless - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Edward de Bono on Sat, 2006-07-08 21:18
Aspects of innovation: Anyone can learn formal tools to create and innovate - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
The Disruption Problem: In fast-moving times, managers must learn to overcome disruption - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2006-07-08 21:18
The Competence Trap: Making competent decisions takes more than a belief that you're right - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2005-11-08 18:07
Business Mergers: Do shareholders benefit? - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2005-11-08 18:07
Shareholder Value: Why the chase for shareholder value ends up putting the owners' interests last - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2005-11-08 18:07
Telecoms: The fall from grace of the 'telcos' - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2005-11-08 17:46
Executive Pay: Managers' pay does not always reflect performance - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2005-11-08 16:48
Internet Based Business: The reality is that the world wide web is still growing - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2005-10-08 13:46
Capital Management: Banks and financial crisis - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2005-10-08 13:42
Auto Industry: A history of management mishaps - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sat, 2005-10-08 09:18
Business Changes: Management must constantly meet new challenges - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2005-08-08 18:00
New Business Developments: The old giants face increased competition - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2005-08-08 17:59
Business Problems: False figures do not bode well - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2005-08-08 15:28
Share Price: Management and the stock market - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2005-08-08 14:49
Manufacturing: Management malaise and the decline of British industry - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2005-08-08 13:42
Marketing Strategy: Big brands need to make up lost ground - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 17:57
Brand Names: Standing out from the crowd - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 17:55
Financial Services: The dangers of diversion from the core business - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 17:55
Business Marketing: Looking beyond the received wisdom - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 17:55
customer service - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 14:43
Retail Management: The battle of the supermarket giants - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 14:43
Branding: The battle of the brands gets more complicated - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 14:02
Business Planning: Preparing for an uncertain future - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2005-05-08 11:34
Web Business: Embracing the digital economy through e-commerce and internet strategy - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2005-03-08 12:39
Business Diversity: The pitfalls of diversification - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2003-11-10 20:01
Future planning: Thinking the Future - business management articles from Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Mon, 2003-11-10 14:01
Managing other people effectively depends on managing yourself - Robert Heller at Thinking Managers
Submitted by Robert Heller on Mon, 2003-11-10 13:35
Business managers: Recognise your own wisdom at Thinking Managers from Robert Heller and Edward de Bono
Submitted by Robert Heller on Mon, 2003-11-10 13:29
Gemba - Five Golden Rules of Gemba by Robert Heller at Thinking Managers
Submitted by Robert Heller on Mon, 2003-11-10 11:53
Charismatic leaders - The Charisma Trap, by Robert Heller at Thinking Managers
Submitted by Robert Heller on Fri, 2003-04-11 19:17
Streamlining: 'there's no limit to what can be streamlined, e-enabled and automated' - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Tue, 2003-03-11 07:31
Total Quality Management: How Total Quality Management can improve your company's decision making processes - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2003-01-12 21:41
First rule of successful business strategy: Get a business strategy - Thinking Managers by Edward de Bono and Robert Heller
Submitted by Robert Heller on Sun, 2003-01-12 20:51
Management philosophy: Don't be stupid, keep your management philosophy simple - Thinking Managers by Edward de Bono and Robert Heller
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