In order to understand if a business analyst profession is right for you and to understand if you’re qualified for the position, it is first important to understand the role of a business analyst.
The business world of today is far more complex than that of yesteryear. It is important for a company to be able to adapt and manage changes via innovation. Traditional processes may not always get the results they used to- and this is where business analysis comes in. The goal of an organization is to translate customer needs into services and products for them and profits for the company. The goal of a business analyst is to achieve that quickly and cost-effectively.
Essentially, the objective of business analysis is to help organizations learn to use innovative solutions (such as modern technology) by the analysts themselves understanding a program and then detailing it to those involved with the company.
Business analysis training teaches requirements management- one of the core skills of business analysts. In order to find a technological solution to help businesses fix their problems, analysts must define, analyze and document requirements. This means that business analysts are often involved in: business cases, planning and monitoring, eliciting requirements, handling requirements organization, translating and simplifying requirements, executing requirements management and communication and overseeing requirements analysis.
Skilled business analysts also use requirements to drive the design or review of test cases, process change requests, and manage a project’s scope, acceptance, installation and deployment.
It’s also important to know what those recruiting modern business analysts are looking for. Becoming a successful business analyst takes core business skills and specialized knowledge that will advance a firm’s objectives, and contribute to its remaining competitiveness in a complex economy. The traits of a good business analyst include: leadership qualities, requirements writing skills, systems engineering concepts, an understanding of cost/benefit analysis, business case development skills, conducting effective meetings/workshops, modeling techniques and methods, acceptance testing and written and verbal communication.
One of the reasons business analyst jobs are so currently sought after is because they belong to a growth market. The role used to be less valued and understood but recently many companies are starting to realize the value of skilled business analysts. Good business analysts have the skills to ensure businesses invest their most precious resources of manpower and money wisely. Business analysis can help companies get ahead in a day and age where time, especially can give their competitors an edge.
Another nice thing about becoming a business analyst is the skills needed to be successful can be obtained by training programs. Since the IIBA (International Institute of Business Analysis) was founded some Business Analysts have obtained CBAP accreditation (Certified Business Analysis Professional) and, in the UK, the ISEB qualification and other national equivalents. Training companies are also required to become Endorsed Education Providers so industry standards and best practices are being utilized throughout the industry.
Being a business analyst will help you understand the corporate structure as a whole and a successful career in analysis can translate into careers in project management, program management, business architecture and strategy.
If any of these aforementioned factors sounds promising or desirable to you, consider a career in business analysis today and contact Pierson Requirements Group today.