A Business Analyst is someone who analyzes an organization or business domain (real or hypothetical) and documents its business or processes or systems, assessing the business model or its integration with technology.
- Professional business analysts are responsible for improving a company’s competitiveness and performance across a broad spectrum of criteria.
- They often specialize in a particular area, such as inventory management, technology or corporate structure – or in an industry like healthcare or information technology, among others.
- Business analysts may oversee teams or work independently to solve problems and address challenges. In today’s complex, global business environment, firms continually require the skills of these experts to achieve and maintain a competitive advantage.
- Business Analysis is the process of understanding business change needs, assessing the impact of those changes, capturing, analysing and documenting requirements and then supporting the communication and delivery of those requirements with relevant parties.
- Business Analysts are responsible for identifying change needs, assessing the impact of the change, capturing and documenting requirements and then ensuring that those requirements are delivered by IT whilst supporting the business through the implementation process.
- In today’s complex business environment, an organization’s adaptability, agility, and ability to manage constant change through innovation can be keys to success.
- Traditional methods will no longer lead to reaching objectives under current economic conditions. That’s where business analysis comes in. Innovative corporations achieve goals through projects that translate customer needs into new products, services, and profits. And business analysts make it all happen more efficiently and effectively.
- The business analyst’s chief role is helping businesses implement technology solutions in a cost-effective way by determining the requirements of a project or program, and communicating them clearly to all stakeholders, facilitators and partners.