Business analyst works as a link between different departments in a company, to find ways to streamline processes throughout the organization. There are 4 main types of analysis that the business analysts would do:
1. Strategic planning—identifying changing needs of a company
2. Business model analysis—defining policies and market approaches
3. Process design—standardizing workflows
4. Systems analysis—interpretation of requirements for the IT department
Business analysts need to have a mix of hard and soft skills. These include:
1. Communication skills: Business analysts must work in groups, collect information from and present it to wide-ranging stakeholders in the company, translate and negotiate between parties, and communicate solutions in an accessible way. Business analysts must have strong written and spoken skills and feel confident in a leadership position to gain approval for plans from superiors in the company.
2. Business knowledge and critical thinking: Business analysts must understand many facets of the company for whom they are working. They must be able to understand the roles of different individuals and departments, and how these departments interact and depend on each other. They must also understand the single organization in the context of the entire industry. This business knowledge will then allow them to analyze data and build strategic plans for the future.
3. Is good to have strong Technical skills: Business analysts use a wide range of technical programs, including programs in diagramming, data crunching, wireframing, management of requirements, and for the presentation of results. More and more, business analysts are increasing their technical proficiency with knowledge of computer programming, big data mining techniques, database management, and systems engineering.
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A business analyst is the understanding of a business’s changing needs and provides technological solutions to improve its systems and processes.
It’s the link between the IT department and the business department.