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About Leo Lingham
Expertise
Questions could cover business analysis, business planning, business development, strategic planning, corporate planning, corporate development, manpower planning etc

Experience
18 years working managerial experience in business planning,
strategic planning, organization planning , human resource planning etc.

plus

24 years in management consulting covering business planning,strategic planning, marketing planning, product planning,
sales planning etc

Organizations
BESTBUSICON Pty Ltd--PRINCIPAL

Education/Credentials
MASTERS IN SCIENCE

MASTERS IN BUSINESS ADMINISTRATION

 
   

You are here:  Experts > Business > Small Business: UK > Writing Business Plans > follow up

Writing Business Plans - follow up


Expert: Leo Lingham - 1/6/2009

Question
QUESTION: Answer
1- I understood form you sound that you prefer MBA in project managing more than facility management studies from where salaries , career development , is that right ?
[MBA  project  management   has   a  wider  scope  as  it  covers  
wider  industries  and  job  possibilities  are  many.
In  facility  management, your  scope  is  narrowed  down
to  facility  projects  only.
----------------------------------------------------
2.The  course  content  listed  last  time  was for
project  management  [ facility ].

In  the  regular  project  management,  the  contents  could  be
-managerial  economics
-operation  management
-technology  management
-project  management
-project  communication  management
-ethics ,law, and corporate social  responsibility
-strategic  management
-leadership  in  organization
-decision  analysis
-finance

YOU   CHOOSE  ELECTIVES   FROM
-quality  in  project  management
-project  planning/ scheduling
-project  cost   and  value  management
-project  safety  and  health
-project  procurement  management
-project  risk  management
----------------------------------------------------------------------
A- I had searched for some MBA scholarships I found the following , need your opinion

12-18 MBA program duration with the following majors

- entrepreneurship
- franchising
-strategic management
- ... marketing
- .... legal & social issues
- .... human resource
- entrepreneurial management project
- new venture creation
- entrepreneurship & globalization
- leadership

whats your opinion about this majors ?

[THIS   MBA  [ entrepreneurship]   HAS  BECOME   A  POPULAR
PROGRAM  AND  IS  WELL  RECEIVED.
THE  PAY IS   GOOD  BUT  THE  JOB  OPPORTUNITIES   ARE
LIMITED.]
-----------------------------------------------------------------------------------------
B- HEC paris program according to grande ecole " master of science in mangement"

c- a scholarship for chambere of commerce in paris : master on managment"

whats your opinion ?

B/C   ARE  ACCEPTABLE  BUT  NOT  POPULAR  IN   THE  
COMMERCIAL  /   BUSINESS  WORLD.


''A''  MBA  [ entrepreneurship]   is  more   valuable   of   the
three  [ A,B,C ]
=====================================================
regards
LEO LINGHAM  

====================================================

ok nice , after revising your notes , I found that course work for MBA in project managing is better , so m beginning my research for finding a good program compatible with my circumstance , also I m collecting a materials about project management science (books) to let me take overview & backgrounds but I have some inquiries

==========================================

1- in job site I found "business analyst" positions , whats the qualification for this positions ?

2- I think to search for an internship in any local company working in consulting service to investigate the career until finding the suitable MBA program  but my problem which one , which service , I m asking myself , ohhh I m engineer so engineering consulting is best , then I told myself no I like business & management so management consulting is the best ..... so on , also I m afraid , what I ll tell them , I m an engineer also have  high knowledge in some business issues only, but I haven't experience , whats your opinion about that pace ? also if I take this pace how can I define myself , which position I ll seek ?

3- in few sentences whats the management consulting companies roles or task whats the basic positions exist in any consulting company ?

4- whats your opinion about project management software (premavera) , is it useful in my case also in recent time , can I teach it with myself from any e-learning source or it is better to take it in well-known center ? is it ll be useful when I apply for MBA project managing program , what position can I catch when skilled in that software ?

5- last thing I remembered that there is a coursework I had taken in my engineering studies called (OR operational research) I was satisfied with it , is revising that course may increase my knowledge in project management also is that science similar to project management ?

sorry for prolong , wish to hear from you soon
thanks

ANSWER: AJ,

1- in job site I found "business analyst" positions , whats the qualification for this positions ?
[BUSINESS  ANALYST   IS  A  DYNAMIC/ CHALLENGING  ROLE.
TO  BECOME  BUSINESS  ANALYST,  YOU  STILL  HAVE  TO  
START  FROM  THE  GROUND  FLOOR.

The Business Analyst should have a broad knowledge of the organization, and should understand how the company works from a variety of perspectives.
In recent years, there has been an up surge of using analysts of all sorts, business analysts, business process analysts, risk analysts, system analysts.

There is no defined way to become a business analyst. Often the BA has a technical background, whether having worked as a programmer or engineer, or completing a Computer Science degree. Others may move into a BA role from a business role - their status as a subject matter expert and their analytical skills make them suitable for the role. Business analysts may overlap into roles such as  PROJECT  MANAGER  or consultant. When focused on specific systems, the term Business Systems Analyst may be used.

"An internal consultancy role that has the responsibility for investigating  BUSINESS  SYSTEMS, identifying options for improving business systems and bridging the needs of the business with the use of IT."

Business Analysis is the set of tasks, knowledge, and techniques required to identify business needs and determine solutions to business problems. Solutions often include a systems development component, but may also consist of process improvement or organizational change.
Those BAs who work solely on developing software systems may be called IT Business Analysts or Technical Business Analysts.
Business analysis sub-disciplines
Enterprise analysis focuses on understanding the needs of the business as a whole, its strategic direction, and identifying initiatives that will allow a business to meet those strategic goals.
Requirements planning and management involves planning the requirements development process, determining which requirements are the highest priority for implementation, and managing change.
Requirements elicitation describes techniques for collecting requirements from stakeholders in a project.
Requirements analysis describes how to develop and specify requirements in enough detail to allow them to be successfully implemented by a project team.
Requirements communication describes techniques for ensuring that stakeholders have a shared understanding of the requirements and how they will be implemented.
Solution assessment and validation describes how the business analyst can verify the correctness of a proposed solution, how to support the implementation of a solution, and how to assess possible shortcomings in the implementation.

LEVEL 1
-gathering information, documenting  information, supporting
managers  with information  etc
-using  the  same  information  and
studying gaps
-reviewing  trends
-analysing  variance
making  meaning   out  of  the  data
making  analysis  independly  and  providing  the  decision support
to  the  management  support.

SPECIALIZING  IN  ANY   FIELDS, LIKE

-business analyst
-marketing  analyst
-industry analyst
-trade analyst
etc

where  2/3  years  experience, would  give  you  the  foundations
to   seek  the  next  level.


LEVEL  2  MIDDLE  MANAGEMENT

WITH  your  background, the  experience  of  level 2/3 plus,
you  should  seek  positions  like
-demand  planning  manager[ part  of  supply chain management]
-business planning  
-information  manager
-market  planning
etc




LEVEL  3  [SENIOR   MANAGER ]
You  become  the  manager  using  the  information and  making  
decision  to  run  the  operation  whether  it  is
-marketing  manager
-supply  chain manager
-distribution  manager.  
-strategic  planning
-corporate  planning
-management  information  manager
etc


AN   ''MBA'' IS  PREFERRED.


Career Profile: Business Analyst
Business Analysts are responsible for helping organizations maximize their resources in order to stay competitive within their industry. In order to achieve this, Business Analysts conduct studies and evaluations in order to analyze and assess ways in which organizations can improve their efficiency, profits and structure. Firms increasingly rely on Business Analysts to help them remain competitive amidst these changes. Some of the outcomes of this analysis may include the development of systems and procedures, and the preparation of operations and procedures manuals. The specific roles and responsibilities that a Business Analyst may have vary depending on the type and size of the organization. Analysts in smaller organization may take on more responsibilities while larger ones may work as part of a specialized team.
-----------------------------------------------------------------------
Specific Skills for this career
-accounting and finances  terminology
-business consulting
-business maths
-business process improvements
-contracts  management
-facilitation of  effective meeting
-financial  analysis
-financial  management
-financial reporting
-hr policies  and  procedures  database
-organizational design/ development
-program  evaluation
-project financial / procurement management
-report writing
-statistical  data/ analysis
-strategic  planning/ implementation
-survey design/  administration
=================================================
KEY WORKPLACE  SKILLS  FOR  THE  POSITION
-creative  thinking
-customer  service
-written communication
-oral  communication
-presentation
-problem  solving
-decision making
-interpesonal  communication
-leadership
-motivation
-organization
-planning
-critical  thinking
-time  management
-workplace  management
====================================
Roles of Business Analysts
As the scope of business analysis is very wide, there has been a tendency for business analysts to specialize in one of the three sets of activities which constitute the scope of business analysis.
1. Strategist
Organizations need to focus on strategic matters on a more or less continuous basis in the modern business world. Business analysts, serving this need, are well-versed in analyzing the strategic profile of the organization and its environment, advising senior management on suitable policies, and the effects of policy decisions.
2. Architect
Organizations may need to introduce change to solve business problems which may have been identified by the strategic analysis, referred to above. Business analysts contribute by analyzing objectives, processes and resources, and suggesting ways by which re-design (BPR), or improvements (BPI) could be made. Particular skills of this type of analyst are "soft skills", such as knowledge of the business, requirements engineering, stakeholder analysis, and some "hard skills", such as business process modeling. Although the role requires an awareness of technology and its uses, it is not an IT-focused role.
Three elements are essential to this aspect of the business analysis effort: the redesign of core business processes; the application of enabling technologies to support the new core processes; and the management of organizational change. This aspect of business analysis is also called "business process improvement" (BPI), or "reengineering".
3. Systems analyst
There is the need to align IT Development with the systems actually running in production for the Business. A long-standing problem in business is how to get the best return from IT investments, which are generally very expensive and of critical, often strategic, importance. IT departments, aware of the problem, often create a business analyst role to better understand, and define the requirements for their IT systems. Although there may be some overlap with the developer and testing roles, the focus is always on the IT part of the change process, and generally, this type of business analyst gets involved, only when a case for change has already been made and decided upon.]
#####################################################################
2- I think to search for an internship in any local company working in consulting service to investigate the career until finding the suitable MBA program but my problem which one , which service , I m asking myself , ohhh I m engineer so engineering consulting is best , then I told myself no I like business & management so management consulting is the best ..... so on , also I m afraid , what I ll tell them , I m an engineer also have high knowledge in some business issues only, but I haven't experience , whats your opinion about that pace ? also if I take this pace how can I define myself , which position I ll seek ?
[The  most   appropriate  place  is   the  professional  consulting  service  firms
like
*ACCENTURE
*PRICEWATERHOUSE
*KPMG
*DELOITTE
ETC.
SEEK   AN  ANALYST  POSITION,   WHICH  WOULD  GIVE  YOU
A  WIDE  RANGE/ SCOPE / OPPORTUNITIES  TO  LEARN.
IT WILL  EXPOSE  YOU  TO  A NUMBER  OF  AREAS   OF
BUSINESS.
##############################################################
3- in few sentences whats the management consulting companies roles or task whats the basic positions exist in any consulting company ?

The role of  business consulting  of any type  is
-to provide management support
-to provide advice
-to  help change management

to  corporations.

This  consuting  process   involves
-exploration
-diagnosis
-planning
-designing
-iniating
-implementing
-executing
-evaluating

of  projects.

There  are  various  opportunities  in  consulting , such   area as,

-marketing
-advertising
-product  marketing
-product  management
-merchandising
-production
-manufacturing
-supply  chain
-procurement
-finance
etc etc


The  consulting firms  like  ACCENTURE  handles various  BUSINESS
DYNAMICS   like

-customer relations  management systems
-product development / positioning
-demand planning systems
-inventory management  systems
-business process improvements
-business continuous improvements

-project planning  and  control
-strategic  capacity planning
-operational management  system

-TQM  [ quality  management system]
-MRP SYSTEM  [ material planning ]

-business  process re-engineering
-information  system
-supply chain management

-business integration
etc etc

THE   BASIC  POSITIONS   ARE
1.management   trainee.
2.an  analyst.
###############################################################

4- whats your opinion about project management software (premavera) , is it useful in my case also in recent time , can I teach it with myself from any e-learning source or it is better to take it in well-known center ? is it ll be useful when I apply for MBA project managing program , what position can I catch when skilled in that software ?
[PREMAVERA   IS  A   WELL  KNOWN   PROJECT MANAGEMENT
SOFTWARE.  THIS  SOFTWARE / COMPANY  IS  OWNED  BY
ORACLE SOFTWARE COMPANY [ USA].
IT WILL  BE  MORE  USEFUL / EFFECTIVE  TO  LEARN
FROM  A  WELL  KNOWN   CENTER.
IT  WOULD  BE  VERY HANDY    WHEN   DOING  THE  MBA  PROJECT
MANAGEMENT.
####################################################################
5- last thing I remembered that there is a coursework I had taken in my engineering studies called (OR operational research) I was satisfied with it , is revising that course may increase my knowledge in project management also is that science similar to project management ?
[OPERATION   RESEARCH   IS    A   BUSINESS  TOOL.
IT  IS  WIDELY  USED   IN    AREAS  LIKE   LOGISTICS  ETC.
IT  IS   USEFUL  IN   ''PROJECT  MANAGEMENT''.
###########################################################
REGARDS
LEO  LINGHAM


---------- FOLLOW-UP ----------

QUESTION: last thing

I had remembered that in a past time I was too interested in business planning , I got material some I had understood other not , is my project managing career let me interact with business plans ????????????????

thank you for all your consults & your wide chest for my long & detailed questions  

Answer
AJ,

More  often   the   projects  are  the  outcome  of
BUSINESS  PLANNING.

As  a  project  manager,  you  will  be  interacting  with
the  planning  management  in  a  limited  way.


The  results/ outcome  of   the  projects  is  expected
to  meet  the  objectives  of   the  BUSINESS  PLAN.


REGARDS
LEO LINGHAM

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