IntroductionBusiness analysis is the practice of empowering change in a hierarchical setting, by characterizing needs and prescribing arrangements that convey an incentive to partners. Arrangements frequently incorporate a product frameworks advancement segment, yet may likewise comprise of cycle improvement, hierarchical change or vital arranging and strategy improvement (Jurevicius, 2013). Business analysis is itself a very broad term and encompasses a lot discipline. Enterprise analysis, requirements planning, requirement elicitation, communication and solution assessment, all of which are sub-domains of business analysis. These activities are carried out by an individual which is the business analyst. Business analyst try not to work exclusively on creating programming frameworks. However, work over the association, taking care of business issues in conference with business partners. While a large portion of the work that business investigators do today identify with programming improvement/arrangements, this gets from the continuous monstrous change’s organizations everywhere on over the world are encountering in their endeavors to digitize. They work over all degrees of an association and might be engaged with everything from characterizing methodology, to making the endeavor design, to playing a position of authority by characterizing the objectives and necessities for projects and activities or supporting consistent improvement in its innovation and cycles (International Institute of Business Analysis, n.d).
Business Analyst and Strategy Analysis
Competencies of a business analyst
When it comes to defining the competencies for a business analyst, there are a myriad of them. Not all are possessed by an individual but most of them are commonly found in a competent business analyst. IIBA gives an aggregate of 53 execution capabilities and 20 hidden abilities through the Business Analysis Competency Model adaptation 3.0 (Joon & Seung Ryul, 2016, p. 1).
Business analysts should have positive attitude. This means that they should have accountability with the capacity to finish errands as intended to accomplish target and objectives. Adaptability is another factor which means ability to adjust in change to procedures, style, strategies and approach. Attitude is also directly influenced by strong ethics and test the analyst ability to take ethical decisions in emergencies. This directly shows that the individual has a strong character and is proved to be trust worthy and is organized which means follow time management. Moving on, he she be having business acumen and is able to understand business principles and practices. He should have domain, methodology, technical and organizational knowledge to understand the working and how solutions should be applied to an organization.
He should be able to do different kinds of analysis which include root cause, structured and statistical. Plus, he should be able to understand decision-making criteria and so use his expertise to help others in the decision-making process. Thinking is a crucial aspect which is also a competency needed. Client experience, conceptual and creative thinking are some of the sub-levels. Lastly, interaction covers more key attributes. A business analyst should have the quality of conflict resolution among team members and stakeholders. The ability to facilitate team meetings and workshops and possess highest quality of leadership when assigned task to be performed in groups (Reddy, 2019).