The Future of Business Analysis

The price of doing the same old thing is far higher than the price of change. –Bill Clinton

Listen buddy, you have a choice: a choice to either move ahead or be left behind, to be a key and valuable player in your place of work or a Business Analyst ck bencher, a choice to either become a sought after BUSINESS ANALYST or a historical Business Analyst …..Yeah, do you recall the era of transitioning from typewriter into using computers? Okay, you recall some individuals felt so much overwhelmed by the mere sight of a computer keyboard (not even the software) that they couldn’t be part of today’s business. There were those who felt too comfortable in their world that they thought of themselves as indispensable to change while some felt that the change would take so many years to catch up and displace their present…all sort of reasons and permutations. The end to all this obviously was that these individuals became edged out of the art and science of the modern business. Honestly, this may become of a Business Analyst who’s not thinking about the following perspectives yet:

Your role as a Business Analyst is being combined with other roles

While my suggestion is not for you to usurp the role of, for example, a Project Manager or Quality Assurance resource on your project, Business Analyst s who have other types of skills and are able to complement other resources would be preferred. Business Analyst s are transitioning from the traditional document managers into becoming or functionally complementing interface analysts, programmers, quality assurance roles, helping in the analysis of business strategy and other components in enterprise architecture. Organizations are rolling up and merging roles, searching for hybrid kind of skills that can function in a multi-facet manner and make it possible for them to operate very lean but effectively. While there may be a price- may be initially- to pay by companies that adopt this strategy, it would certainly become better as they climb the curve. Therefore, Business Analyst s who can operate in such environment and in a hybrid, manner would be the future of this trade.

Data is becoming more than ever imagined lifeline of businesses

Whether discovered as important and used as such is another question, data is everywhere, generated by every interface a business has with either its internal or external business environments. More than ever before, companies are realizing and looking for ways to make sense of their data for business advantage. The yawning for the use of data to make business decisions is getting loud, the future will be louder buddy. You cannot ignore this noise and pretend the threat is not there. Organizations would need you to source data from data platforms, analyze data and understand data so you are able to provide meaningful requirement documents. You will need to collaborate with core data managers to assist in the smooth cross over of requirements into meaningful solutions. These days, Business Analyst s are becoming integral part of interpreting data, blending into business intelligence and data analytics space. You might need to upskill to learning data management and analytics tools that help with the representation and delivery of data in a way that help business owners make the right decisions.

Become more agile

In one of my articles, I mentioned the challenges Business Analyst s may have working in an agile environment. Yes, the challenges are real. You cannot but be agile in order to fit into the future. Let me make it clear here again, the role of a Business Analyst will not and cannot be completely eliminated, but you as a Business Analyst in an agile world can be if you don’t right fit into the framework. The era of heavy documentation is diminishing. User stories and epics are taking the frontline. You are gradually being asked to play the role of a product owner. Organizations are becoming eager to see quick value and more team collaboration. You’d better be ready for the dynamics of the environment!

Business domain knowledge

You are new to the project, to that organization…so don’t be pressured to want to know everything, it will take some time. Yes, it will but employers don’t usually have the patience to allow you crawl through the learning curve. You get paid without delay right; you should deliver value without delay as well. Business Analyst who understand the domain of their project are increasingly being sought after. Think about the insurance domain, capital market or pension, Business Analysts with knowledge in these areas can quickly and effectively deliver value than others. Don’t get me wrong, it is not saying that you cannot work in these specialized areas, just that you have to engage in a more rigorous enterprise analysis in order to catch up with the timelines, simply because you will need more time to understand business operations and languages, much more than one with domain knowledge.

Let me conclude by saying that the future will be tough for a traditional business analyst. The landscape is changing, the threat from organizations wanting to operate lean and hire multi- skilled business analysts is real, and you must be ready for it.
Talk to us to help you prepare for the future.