Establishing the baseline or "as is" state is a critical first step in options analysis. It involves gathering data on current operations, identifying existing challenges, and setting clear objectives for improvement. This baseline provides a reference point to measure the potential benefits of different options.
Evaluating potential solutions requires analysing their feasibility, costs, and expected outcomes. This step includes conducting SWOT (Strengths, Weaknesses, Opportunities, Threats) analyses, risk assessments, and stakeholder consultations to identify the most viable paths forward.
Quadrant analysis helps visually categorise and evaluate options based on their impact and feasibility. By plotting solutions within quadrants, organisations can better prioritise strategies and allocate resources effectively.
After evaluating options, the decision-making process prioritises solutions that offer the greatest benefits relative to their costs and risks. This involves selecting options aligned with organisational goals and stakeholder expectations while ensuring a realistic implementation timeline.