A business analyst plays an indispensable role in an organisation. In today’s highly ambitious environment, it is necessary for every company to adapt to market changes. This can be a difficult process at times as companies need to evaluate many factors before making changes to their processes. These changes could either be profitable or bring heavy losses to the company. Hence, it is necessary to predict the outcome by a thorough evaluation of all possibilities. This is where the business analyst is consulted. A business analyst guides the company through turbulent times and ensures that they are in a profitable situation. An analyst comes to this conclusion by effectively considering the various factors and market conditions that are at play. Needless to say, a business analyst works in a dynamic work environment which need to constantly adapt to change. If this wasn’t a good enough reason to pursue business analysis as a profession, here are five more compelling reasons to do so.
1) Communication with the client
A company’s relationship with the client is of utmost importance. When an order comes in from the client, it is the business analyst’s responsibility to ensure that he/she communicates well with the client in order to clearly understand the client’s requirements. The projects requested by the client could be technical or non-technical. The non-technical projects can be easily handled by business analysts who have good communication skills. When the client requests for a complex technical product, a technically qualified business analyst could be an asset to the team. He/she would be able to clearly understand the needs of the customer and explain it to the development team in order create the exact product the customer desires.
2) Research and documentation
As a business analyst, you will constantly get business ideas as to how the company could perform more efficiently. Most of these ideas might not work and you might have appropriate analysis as to why it wouldn’t work. It is necessary to down these ideas and the discussions carried out for proper documentation purposes. There are chances that the same idea might be suggested six months down the line and all you have to do is refer your notes to tell your team why this idea wouldn’t work. You need not carry out the analysis all over again.
3) Innovative approach
If you’re an individual who can think on his feet and provide quick suggestions to simple problems, this is the job for you. In the regular processes carried out by a company, there might be minute issues which need to be solved immediately to ensure the proper functioning of the process. Your idea need not be accurate or the best one but, you should be able to think of something immediately to help solve the problem. In long term procedures, you can also brainstorm and discuss innovative ideas to replace traditional ones.
4) Productive meetings
Are you bored of the long, unproductive meetings at your workplace? As a business analyst, you will not have to attend such meetings anymore. You can be in charge of the meetings and make it productive by keeping it concise and talking to the point. Discuss only the important aspects that needs to look at the earliest. These meetings will ensure that the team spends less time on meetings and more time on getting the actual work done. This will also help you maintain a regular workday wherein you will be able to enjoy your weekends and not attend work related matters.
This is the single most important advantage of being a business analyst. You will spend close to two-thirds of your day by yourself figuring out solutions to certain problems or coming up with innovative solutions to create new business opportunities. The decisions you take for the betterment of the company will not have a negative impact because you would have carried out thorough analysis before making decisions. The rest one-third of your day will be spent attending meetings with stakeholders and your team.
As explained, the role of a business analyst is an intriguing and productive one. Pursue it if you’re up for the hard challenge and the generous rewards. Obtain a PMI professional in business analysis certification for better job opportunities. A PMI professional in business analysis training will also help you understand the various concepts involved in the business analysis.