Business analysis is a research discipline that helps you find the business needs and define solutions to business problems. It should be noted here that by creating a business analysis for your company, you are helping its overall growth. Several solutions are currently made available by the experts in this field, but most companies generally use SWOT analysis, PESTLE Analysis, Process Flow Diagram, Portfolio Analysis, or something on the same grounds to identify and resolve the problems.
In this article, we will walk you through how a business portfolio analysis is important for a company's products and services. You will also learn how you can create a business portfolio analysis in EdrawMax Online.
A Business Portfolio Analysis diagram is essentially a process of observing and analyzing a company's products and services. By working on a detailed description, you can categorize them based on how they perform in the market. This way you will understand more about the company's products and which areas need more work from your operation's team.
The aim for any Business Portfolio Analysis is to:
Analyze a company's portfolio and decide which strategic business unit should receive more investment from the stakeholders.
Develop growth strategies for adding new product lines and subsequently adding more into the company's portfolio.
Creating a business portfolio analysis in EdrawMax Online is pretty simple. The free Business Analysis diagram maker comes with several features, like directly importing the data from the .csv file or creating one from scratch using free templates.
Login EdrawMax Online Log in EdrawMax Online using your registered email address. If this is your first time accessing the tool, you can create your personalized account from your personal or professional email address.
Choose a template EdrawMax Online comes with hundreds of free business analysis templates. Select a pre-designed template from EdrawMax Online by selecting the "Business" on the left navigation pane. Upon clicking, you will see several business-related diagrams, like Business Management, Project Management, Marketing, and more. Click on "Strategic and Planning," and it will open several different diagram types like Affinity Diagram, Competitive Analysis, and more. Click on the desired template or click on "+" in EdrawMax Online to create a Business Portfolio Analysis from scratch.
Customize the Diagram Customize your business portfolio analysis by changing the symbols and shapes as required. With the easy drag-and-drop feature of EdrawMax Online, you can use all the relative elements from libraries.
Work on your research
In a business portfolio analysis, you should always conduct proper research for investments, holdings, products, businesses, and brands. Try to incorporate them into your BPA diagram.
Export & Share Once your business portfolio analysis design is completed, you can share it amongst your colleagues or clients using the easy export and share option. You can export the business portfolio analysis diagram in multiple formats, like Graphics, JPEG, PDF, or HTML. Also, you can share the designs on different social media platforms, like Facebook, Twitter, LinkedIn, or Line.