The Business Analyst Competency List
Business Analyst Learnings
by Stephanie Famuyide
3M ago
Being a business analyst is a journey filled with challenges and triumphs, where the treasure is not just data but insights that transform businesses. Fundamentally, we do our best not only to understand information but also to think of how we can use that information to lead transformation, efficiency, and improvement. In this article, we’re looking at some of the most sought-after competencies vital in navigating the intricate world of business analysis. The Art Of Communication: More Than Just Reports First and foremost, the ability to communicate effectively is your Excalibur in the world ..read more
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3 Safety Nets Freelancers Need To Have
Business Analyst Learnings
by Stephanie Famuyide
11M ago
Going freelance is exciting. You don’t have the restrictions of a regular 9 to 5 office job. You can choose your own hours. You can choose your own clients, and you can choose your own office space. There is a lot more freedom that comes with this type of work, but that freedom comes at a price. You won’t have the same safety nets as someone working at a regular office job. You won’t have an IT department to fix your computer equipment if it breaks down. You won’t have an employer-sponsored health plan and PTO days for when you get sick. You’ll have to handle these problems all on your own. Ma ..read more
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Canada: The Beating Heart Of Business And Entrepreneurial Opportunities
Business Analyst Learnings
by Stephanie Famuyide
11M ago
Canada, renowned for its friendly people, high quality of life, and diverse landscape, is a haven for entrepreneurs seeking to establish successful businesses. The country offers a plethora of opportunities across various industries, such as technology, eco-friendly solutions, healthcare, and wellness. In this article, we explore the thriving business landscape in Canada and discuss critical factors to consider when launching a venture in this dynamic environment. Understanding the Canadian Business Landscape A strong entrepreneurial culture, an educated workforce, and a supportive regulatory ..read more
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Magnetic Locators In Construction & Infrastructure
Business Analyst Learnings
by Stephanie Famuyide
11M ago
Accurate underground utility detection in construction and infrastructure projects is paramount to ensure efficient operations and mitigate potential risks. Magnetic locators have emerged as indispensable tools in these industries, offering a reliable and efficient solution for locating buried utilities and structures. Now, we will explore the importance of magnetic locators and their applications, highlighting the benefits they bring to construction and infrastructure projects. Understanding Magnetic Locator A magnetic locator utilizes magnetic field detection to identify underground utilitie ..read more
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Optymyze CEO Discusses How To Use Data Analytics To Improve Your Business Processes
Business Analyst Learnings
by Stephanie Famuyide
1y ago
Data and analytics can provide invaluable insights into how your business is performing. Experts like Mark Stiffler say that leveraging data and analytics can uncover new growth opportunities, strengthen existing processes, and increase your overall efficiency. In this blog post, we'll discuss eleven tips that you can use to leverage data and analytics to improve your business processes. 1. Set Goals With Your Data Before you use data to make decisions, it's essential to clearly define what you're trying to achieve from an analytical standpoint. Setting clear goals will help ensure you stay on ..read more
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6 Tips For Software Vendor Selection
Business Analyst Learnings
by Stephanie Famuyide
2y ago
Selecting vendors for software implementation projects can seem like a complicated process but it doesn’t have to be with the right tips in mind. This article discusses tips for vendor selection you should know about: Ensure your requirements are cleared ad devoid of ambiguities: Documented requirements will guide the vendors in determining their suitability to respond and should as much as possible, reflect what is to be achieved during the implementation. A well-defined set of requirements can act as the rudder needed to guide the responses that flow through in the right direction. Use a ..read more
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BPMN Diagrams For Dummies
Business Analyst Learnings
by Stephanie Famuyide
2y ago
What Is BPMN? Business process modeling notation, or BPMN, is the way BPM professionals communicate the design of a specific process, be it simple or exceedingly complex. There are various steps in any process that may come up, and notation helps a business process management (BPM) professional identify these at a glance, and to describe what needs to be done at any given point during the process based on element types. Why Is It Important? BPMN is a standardized language and diagramming notation, supported by a vast majority of software used for process planning and execution. More than that ..read more
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3 Reasons Why Most Digital Transformation Initiatives Continue To Fail
Business Analyst Learnings
by Stephanie Famuyide
2y ago
Are you thinking about initiating a digital transformation campaign in your company? If so, you may be worried about what could go wrong, and the challenges that possibly lie ahead. You’ve probably heard about the many unsuccessful stories, and you’re right to be concerned. Boston Consulting Group conducted a digital transformation study in 2020 to find out why such projects are missing the mark. It came to light that 7 in every 10 digital transformation projects do not live up to expectations, for a variety of reasons.  These could include: unclear goals,  doing too much too fas ..read more
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Establishing Rapport With Critical Stakeholders
Business Analyst Learnings
by Dan Matthews
3y ago
We’ve all encountered problems in our attempts to communicate business insights. Managing denial and setting expectations requires a positive rapport with critical stakeholders if we are to overcome these issues.  To bridge communication gaps, understand why establishing a good rapport is vital. Then, apply these methods to building relationships with your most important stakeholders. Why establishing a good rapport is essential  In the course of business analysis work, stakeholders of all kinds get caught in the fray. They have to balance their duties with contributing val ..read more
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Removing “Analysis Paralysis” From Team Sessions
Business Analyst Learnings
by Stephanie Famuyide
3y ago
For many teams, careful planning and data-driven examination of the challenges they face are paramount to success. There is power in information and analytics, but its potency can be a double-edged sword, especially if you’re prone to analysis paralysis. This phenomenon is a form of information overload — when the group starts to overanalyze data and overthink solutions to their problem. In the uncertainty, you end up not deciding at all, and that inaction can lead to unintended negative consequences.  Your team will need to stay wary of this potential hindrance and develop counterme ..read more
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