Business

A business analyst is someone who studies an organization

Business Analyst Resume

A business analyst is someone who studies an organization or industry domain and documents its business processes, models, or systems, evaluating the organization’s integration with technologies or analyzing the business process. Analysts may work for self-imposed roles such as consultants, managers, or product developers. Business analysts are often called upon to evaluate the performance of a small-to-medium sized organization in its chosen field or industry. These analysts use technical tools to examine the business processes of the organization, such as studying the systems for customer service, product quality, organizational leadership, financial aspects, and marketing programs. These processes will be analyzed along with the methods used to achieve these goals. A business analyst may also be called upon to evaluate the cost efficiency of organizations.

As data-driven organizations grow, business analysis becomes increasingly important to achieve organizational objectives. Data-driven functions require researchers to look at multiple viewpoints to obtain and compare results across all the disciplines of research. For example, a financial analyst would not only analyze sales, accounting, and marketing data but also would look at supply chain and inventory data, manufacturing and labor data, environmental data, and political and social impact data. The same data-driven function can be performed by a business analyst.
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The primary goal of a business analyst in a large organization is to support the senior management team with an analysis of business processes and strategies based on the needs of the stakeholders. Since the product owner is the principal stakeholder, business analysts should keep the stakeholders informed about their status in the process. The product owner can also be the ultimate stakeholder, since he controls the budget and has the final decisions on critical processes. When consulting with a company stakeholder, it is important to keep all the stakeholders informed so that they can make informed decisions about the product they are working on and what impact the product will have on their business. Stakeholders can also help business analysts identify opportunities for improvement and problems that can be solved.