Hello!
I'm struggling hardcore when it comes to drafting a situation statement for an opportunity such as creating a new product to address a customer need. Since situation statement are supposed to be written from the perspective of the business, I'm not sure what the financial impact for the business would be.
There are tons of examples for business problems but I haven't found one yet for opportunities, so I'd love to hear some examples, if possible.
Hello,
An opportunity would stem from a problem or a situation. Hence, to present an opportunity, I would break it into 3 parts – state the prevalent problem or situation; list the consequences or impact the situation has on the current state of affairs and finally present your opportunity i.e., future / desired state that you would like to propose. If you can, try to quantify the impact and the benefit in the respective parts which would influence your stakeholders to make an informed decision. In case if you are unable to quantify the benefits, list down the value that your customers and stakeholders would get and how that would eventually help the organization.
Hope this helps.
Kind Regards,
Hims
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