FREE Agile Business Analysis Strategy Horizon Analysis Questions and Answers

Question 1

An Agile Business Analyst is working with senior leadership to allocate resources for the upcoming year.
The leadership team wants to balance maintaining current revenue streams with investing in future growth.
Which concept should the analyst primarily use to frame this strategic conversation?

Accepted Answer

The Three Horizons framework to categorize initiatives by time-to-impact and uncertainty.

Answer

The 70/20/10 Rule for resource allocation across different types of initiatives.

Answer

User Story Mapping to visualize the entire customer journey and identify new opportunities.

Answer

SWOT Analysis to identify internal strengths and weaknesses against external opportunities and threats.

Question 2

A financial services company is planning an initiative to explore using blockchain for a completely new, decentralized financial product. This initiative is characterized by high uncertainty and the potential for market disruption, though any significant revenue is likely several years away. Within the Three Horizons model, where would this initiative be classified?

Accepted Answer

Horizon 3, as it represents a highly uncertain, potentially transformative new venture.

Answer

Horizon 1, as it involves improving core financial services.

Answer

Horizon 2, as it is an extension of their existing product lines into a new market.

Answer

This would fall outside the Three Horizons model as it is purely experimental.

Question 3

What is the primary focus of an Agile Business Analyst's work at the Strategy Horizon?

Accepted Answer

Providing decision-makers with information to align initiatives with organizational goals.

Answer

Breaking down features into user stories for the development team.

Answer

Defining the scope and requirements for a specific, approved project.

Answer

Ensuring the delivery team has a refined backlog for the current iteration.

Question 4

Which of the following activities is MOST characteristic of work done within Horizon 1 of the Strategy Horizons model?

Accepted Answer

Optimizing the checkout process of an existing e-commerce platform to increase conversion rates.

Answer

Launching a pilot program for a new service in an adjacent market.

Answer

Conducting research and development for a groundbreaking technology that could redefine the industry.

Answer

Forming a strategic partnership to co-develop an entirely new business model.

Question 5

A product team is assessing a list of potential initiatives. One initiative involves expanding their successful software product into the Latin American market, which would require significant localization and some new features. How would an Agile BA categorize this using the Three Horizons model?

Accepted Answer

Horizon 2, because it involves extending an existing business into an emerging or adjacent market.

Answer

Horizon 1, because it is based on an existing, successful product.

Answer

Horizon 3, because entering a new geographical market is a form of disruptive innovation.

Answer

A blend of Horizon 1 and 2, as it leverages a core product for new growth.

Question 6

When applying Agile Business Analysis principles at the Strategy Horizon, which principle is demonstrated by helping decision-makers understand the organization's current capabilities and the external market context before committing to new initiatives?

Accepted Answer

See the Whole

Answer

Get Real Using Examples

Answer

Think as a Customer

Answer

Avoid Waste

An Agile Business Analyst is working with senior leadership to allocate resources for the upcoming year.The leadership team wants to balance maintaining current revenue streams with investing in future growth.Which concept should the analyst primarily use to frame this strategic conversation?

An Agile Business Analyst is working with senior leadership to allocate resources for the upcoming year.
The leadership team wants to balance maintaining current revenue streams with investing in future growth.
Which concept should the analyst primarily use to frame this strategic conversation?