Before investing in expensive technology initiatives, make sure you have a firm understanding of the business problems you are trying to solve. By documenting your business processes you get a holistic view of your operations, your bottlenecks and, most importantly, your opportunities for improvement.
Time Frame
3-6 weeks (estimate)
Typical Activities
Scoping session with project lead and sponsor
Facilitated sessions with Subject Matter Experts to document the current business process flow including known pain points and opportunity areas
Gathering of metrics on business processes
Analysis of the current processes, with support from the SMEs, to identify improvement opportunities
Session with stakeholders to identify top priority initiatives based on opportunities discovered
Presentation of improvement opportunities, including technology initiatives, to stakeholders
Documentation of high-level business goals and business requirements for identified opportunities
Work Products
Business Process Models of current processes annotated with pain points and opportunity areas
Repository contents of Business Process Models with detailed descriptions of roles, process steps, business rules, and business terms
Inventory of improvement opportunities and related solutions
Executive summary report for top initiatives
When does this service make sense?
There is no clear understanding of the current business process
There is an effort underway to determine the future view of the business
The strategic leadership board wants to invest in the most valuable project
Technology efforts are planned, but there is little knowledge of the impact on the process
The organization is retiring a “core” system that has become embedded in the processing
We are Ready to be Your Business Analysis Partner Whatever your company's line of business or the nature of your challenge, DEA has unparalleled Business Analysis expertise combined with in-depth knowledge of the insurance industry. We would be happy to discuss your specific needs without obligation