Business Analysis – An Overview
Business analysis by an enterprise analyst is a method used to identify and define why organizational change is needed.
As a company or company develops, it evolves to meet the needs and objectives of its “founders”. Over time, it can grow so big that it becomes overloaded too many products, or too many divisions, or too many levels of management or a multitude of other problems. This may lose sight of its initial objectives and not recognize new business opportunities.
Business analysis by an enterprise analyst is a method used to identify and define why organizational change is needed. In order to learn what is happening, the BA can not do better than keep in mind the rules of Descartes: the “real method of arrival to an acquaintance of all that my mind was capable” (speech, p.16):
Rule 1 Systematic doubt method: does not accept anything true only if clearly recognized as such;
Analysis of Rule 2: Systematically solve the problems by analyzing them a portion by part;
Rule 3 Synthesis: move from simple (seed) to the complex; and
Rule 4: Avoiding the deductive error: All to meet again so that nothing is omitted.
Although enterprise analysis is generally considered the responsibility of higher-level management, these managers have no specific time and skills to correctly address these problems or opportunities. The BA can therefore play an important role in providing the required analysis skills needed to obtain an optimal solution.
To fulfill these difficult goals, the BA will:
– Identify business architecture
– Conduct feasibility studies
– Establish the scope of the project
– Perform the initial risk assessment
– prepare the proposal for a decision, and after the approval,
– Implement and execute the project.