The document discusses business analysis and its key aspects. It defines business analysis as the practice of enabling organizational change by defining needs and recommending solutions. Business analysts bridge the gap between business and information technology. The document outlines several tasks of business analysis including analyzing change requirements, providing best practices and additional references. It also discusses the importance of business impact analysis and identifying constraints in addition to business needs. The role of the business analyst is described as an agent of change who aims to realize benefits and opportunities for organizations through a disciplined approach.

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Business: <whatever>
Analysis:
“the process of breaking a concept down into more
simple parts, so that its logical structure is
displayed” (OED)
a : an examination of a complex, its elements, and
their relations
b : a statement of such an analysis (Merriam
Webster)

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ANALYSIS of change requirements
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Process
Organisation
Location
Data
Application
Technology
Non-functional

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Best practice techniques
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Pragmatic advice
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Additional references

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Introduction to the basics of Business Analysis
Who is a business analyst
Impact of Business analysis
What are our expectations

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Business Analysis is the practice of enabling change
in an organizational context, by defining needs and
recommending solutions that deliver value to
stakeholders. The set of tasks and techniques that
are used to perform business analysis are defined in
A Guide to the Business Analysis Body of Knowledge

7. Business Analysts have emerge to fill the
gap between Business and IT
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Information
Technology
GAP
Business

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Business impact analysis (BIA) is an essential component of an
organization's business continuance plan
It includes an exploratory component to reveal any
vulnerabilities, and a planning component to develop strategies for
minimizing risk. The result of analysis is a business impact analysis
report, which describes the potential risks specific to the
organization studied.
One of the basic assumptions behind BIA is that every component
of the organization is reliant upon the continued functioning of
every other component, but that some are more crucial than
others and require a greater allocation of funds in the wake of a
disaster. For example, a business may be able to continue more or
less normally if the cafeteria has to close, but would come to a
complete halt if the information system crashes.

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Identifies needs and wants of consumers
Determines demand for product
Aids in design of products that fulfill consumers needs
outlines measures for generating the cash for daily
operation, to repay debts and to turn a profit
Identifies competitors and analyzes your product's or firm's
competitive advantage
Identifies new product areas
Identifies new and/or potential customers
Allows for test to see if strategies are giving the desired
results

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Identifies weaknesses in your business skills
leads to faulty marketing decisions based on
improperly analyzed data
Creates unrealistic financial projections if
information is interpreted incorrectly
Identifies weaknesses in your overall business plan

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Understanding Business Needs alone will not be enough, it is essential to
spend time to gain knowledge about the constraints. Knowledge of
constraints will help a Business Analyst define how the solution can be
designed to fulfill the business needs.
As Business Analysts we spend a lot of efforts to better understand the
business needs and requirements. We use a lot of tools, techniques and
methodologies to better elicit the requirements but in the rush of all this
excitement we might forget to correctly capture the constraints. I have
seen the instances where the constraints were defined at the start of the
project but were never refined, confirmed and validated. As the project
progresses, the constraints may become redundant or change, just like
the requirements evolve with time.
Hence it is vital that we keep track of the constraints, just like we keep
track of the requirements.

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The Business Analyst is an agent of change. Business
Analysis is a disciplined approach for introducing and
managing change to organizations, whether they are forprofit businesses, governments, or non-profits
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The value of business analysis is in realization of
benefits, avoidance of cost, identification of new
opportunities, understanding of required capabilities and
modeling the organization. Through the effective use of
business analysis, we can ensure an organization realizes
these benefits, ultimately improving the way they do
business.