Business analysis is a Key Driver For Organization Success

Business

Analysis

The Key Driver

for

Organization

Success

Business Analysis The Key Driver For Organization Success Prepared by: Aliaa Mohamed

Contents:

Why do successful Organizations suddenly crash?

Organization Development

Business Analysis definition

Business Analysis is Key Enabler & Foundation for

Organization Success

Why Change is Vital for Organization Sustainability?

The cost of getting it wrong

The Benefits Gained From Business Analysis


Why do successful Organizations suddenly crash?

The reasons are numerous, but as today world and its problems are

clearly more complex than ever, and complexity creates the need

for deep analysis for better decision-making

Internal Crisis Factors

Business Areas Causing Corporate Crisis

External Crisis Factors


The Emerging Need for Analysis

With today’s uncertain recovery from the global recession, the

stakes have never been higher for managers to make better

decisions with analyzable information. Companies that successfully

use their information will out-think, outsmart and out-execute their

competitors.

High-performing enterprises are building their strategies around

information-driven insights that generate results from the power of

analysis of all flavors.


Organization Development

Organizational development is the use of organizational resources to

improve efficiency and expand productivity. It can be used to solve

problems within the organization or as a way to analyze a process

and find a more efficient way of doing it. Implementing

organizational development requires an investment of time and

money. But when you understand its importance, you can justify the

costs.

Organizational Change, Growth, Work Processes, Product / Service

Innovation


What is a Business Analysis?

The definition of business analysis is: “the set of tasks and

techniques used to work as a liaison among stakeholders to

understand the structure, policies, and operations of an

organization, and recommend solutions that enable the

organization to achieve its goals.”


Business analysis involves analyzing the business and understanding:

Why the organization exists ?

What are its goals and objectives ?

How an organization works ?

How it accomplishes those objectives ?

How it needs to change to better accomplish objectives or to meet

new challenges ?


The Business Analyst (BA) role is about linking and liaising. Broader

than IT, the BA focuses on solutions in the context of the

organization’s goals, regardless of whether they utilize technology.

The BA role is about meeting business needs and ensuring

investment in the right solutions.


Business Analysis Logic

A Business Analysis consists of six Knowledge Areas along with a

set of underlying competencies, and applies to both the business

enterprise and to public organization. The knowledge areas are:

There are a number of generic business techniques that a business

analyst will use when facilitating business change.

Techniques alter the way business analysis task is performed or

describe a specific form of output of a task may take

Some of these techniques include:




Why Business Analysis is Key Enabler & Foundation for Organization Success?

The Business Analysis is an element of change.

Business Analysis is a disciplined approach for introducing and

managing change to organizations, whether they are for-profit

businesses, governments, or non-profits.

Business analysis is used to identify and articulate the need for

change in how organizations work, and to facilitate that change.


We identify and define the solutions that will maximize the value

delivered by an organization to its stakeholders. Business Analysis

work across all levels of an organization and may be involved in

everything from defining strategy, to creating the enterprise

architecture, to taking a leadership role by defining the goals and

requirements for programs and projects or supporting continuous

improvement in its technology and processes.


We have the specialized knowledge to act as a guide and lead the

business through unknown or unmapped territory, to get it to its

desired destination.

The value of business analysis is in realization of benefits,

avoidance of cost, identification of new opportunities,

understanding of required capabilities and modeling the

organization.

Through the effective use of business analysis, we can ensure an

organization realizes these benefits, ultimately improving the way

they do business.


Why Change is Vital for Organization Sustainability?

One of the most important messages we want to share is that

performing effective business analysis is essential for organizations

to succeed in the new business challenges.

Doing business the way we used to simply doesn’t work anymore.


So how is Organization to survive and succeed? Here are three key

areas on which to focus:

Innovation – going beyond incremental improvement to invent and

develop breakthroughs (competitors, market, systems, technology,

…etc)

Continuous operational improvement – looking at operations

processing and implementing incremental improvements

Improving your ability to adapt – changing the way you change and

improving the way you adapt to change


Change is one of the biggest challenges facing organizations today,

and the key to address this change is business analysis.

The discipline and profession of business analysis will change the

way organizations change. But the fact remains: change is

overwhelming.

Business analysis helps Organization know how to change—it is a

structured way of recognizing, formalizing and implementing

change. How you and your organization take advantage of the

changes in the marketplace will position you to be more successful

and competitive.


The Cost Of Getting It Wrong

Organization, regardless of the economy condition, continues to

increase their investment for continuity. The cost of getting it wrong

can be astounding.

Due to absence of business analysis role or not applying it

properly the statistics shows :

71% of failed projects are traced to poor requirements

identification

$250 billion of annual waste is traced to poor requirements (global)


At a basic level, business analysis reduces the overall costs for the

project. This could be measured in the following ways:

Reduction in rework

Reduction in requirements churn

Discovering more cost-effective solutions


The Benefits Gained From Business Analysis Approach:

In line with the definition discussed above, the incredible value and

benefits of having proper business analysis in place are:

Business analysis helps stakeholders achieve a shared

understanding of the organization’s current situation (stating the

major problems hindering organization to meet it’s objectives &

reviles the sets of needs .


This shared understanding puts the team in a position to make

legitimate recommendations for those needs, and ultimately puts

the organization in a position to move forward with the set of

recommendations that best meets those needs.

Further, business analysis helps teams create the map for moving

from the current state (where needs are unmet) to the desired

state (where chosen recommendations are implemented and needs

are met

Having this map puts the team in a position to keep stakeholders

informed regarding progress, as teams navigate from the origin to

the destination.

Benefit for employees satisfied & loyal.


Using an ROI Calculation to Evaluate Business Analysis

The essence of value in a business context centers around Return

on Investment (ROI).
