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What is Business Analysis

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A simple & straightforward definition of Business Analysis.

Published in: Business
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What is Business Analysis

  1. 1. What is Business Analysis? And What Do Business Analysts Do? Business Analyst Learnings 1
  2. 2. According to IIBA, Business Analysis is: “The set of  tasks and techniques  used to work as a liaison among stakeholders to understand the structure , policies, and operations of an organization, and to recommend solutions that enable the organization achieve its goals.” 2
  3. 3. I’ll define it using the form: X, Y & Z 3
  4. 4. Business Analysis involves doing X (What) by Y (How) to achieve Z (Why). 4
  5. 5. The X WHAT? 5
  6. 6. Organizations are often faced with COMPLEX Problems 6
  7. 7. These Problems can be... 7
  8. 8. Interwoven 8
  9. 9. Contentious 9
  10. 10. Multi-faceted 10
  11. 11. Ambiguous 11
  12. 12. Making it difficult to know EXACTLY what the business needs 12
  13. 13. The hardest single part of building a software system is deciding precisely what to build. No other part of the conceptual work is as difficult as establishing the detailed technical requirements, including all the interfaces to people, machines and to other software systems. No other part of the work so cripples the resulting system if done wrong. - Fred Brooks 13
  14. 14. Business Analysts SOLVE business problems By Proffering Answers to 4 Key Questions... 14
  15. 15. 1 Where are we? 15
  16. 16. 2 Where do we want to be? 16
  17. 17. 3 What do we do to get to where we want to be? 17
  18. 18. 4 Are we there yet? 18
  19. 19. The answers lead to the recommendation of a SOLUTION 19
  20. 20. Business Analysts SEEK Opportunities And unique ways to exploit them... 20
  21. 21. The Y HOW? 21
  22. 22. Learning How the Business Works In the key areas of... 22
  23. 23. • Stakeholders • Regulations • Competition • Industry Trends • Culture 23
  24. 24. Discussing with stakeholders to elicit their REAL needs. 24
  25. 25. Defining the Business Case to justify the investment. 25
  26. 26. Analyzing Stakeholder Requirements which involves prioritizing, specifying and modelling requirements. 26
  27. 27. Managing Scope & Requirements to prevent scope creep & ensure traceability. 27
  28. 28. Validating the Solution to ensure that it fulfills the business need. 28
  29. 29. The Z WHY? 29
  30. 30. Increased Customer Satisfaction 30
  31. 31. Improved Sales 31
  32. 32. Improved Staff Morale 32
  33. 33. Improved Safety 33
  34. 34. What does Business Analysis mean to you? 34
  35. 35. Visit Business Analyst Learnings for BA Tips & Resources 35

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