Top Five Business Analysis Trends That Matter For 2018

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The recent trends have included several changes in business analysis, as organizations have recognized the importance of several important roles and their overall value. The agility of organizations as well as a changing workforce has necessitated the present trends too.

Here are the five business analysis trends that would matter in 2018:

#1. Focus on Organizational Agility

In order to keep up with the volatile external environment, organizations have felt the need to harness their underlying organizational agility. Business analysis is key to enable organizations to respond proactively and adapt especially any opportunity or threat affecting the status quo. Organizations also should have the ability to experiment, test and learn through different scenarios.

#2. Adequate recognition of roles

It is evident that some organizations and teams have recognized the breadth of roles while some other teams have lower expectations related to business analysis. One can expect business analyst training to include much more than the typical process, incorporating problem analysis, strategy analysis, requirements allocation, evaluation of solutions etc. Many presume business analysts just jot down the minutes of every project, but with more awareness, stakeholders realize that business analysts read the context and environment before tool deployment. Also not all business analysis is conducted by business analysts, per se; the role matters, irrespective of the job title.

#3. Early engagement and relevant outcome matters

BAs are engaged at the ‘messy front end’ of every change lifecycle in recent times. The problem is mostly ill-defined at this stage and before any solution requirements are put on the table, the focus remains on making sense of the situation, analyzing business perspectives and define the intended outcomes.

Business analysis now involves ‘doing the right things’ and facilitates the agreement of outcomes that should be achieved aligned with solution requirements and proper prioritization. This is one trend that will surely extend beyond 2018. 

#4. Learning at the Fringe

Practitioners of business analysis are expected to have deep analytical capabilities and overall organizational understanding with basic know how of different disciplines.

In order for organizations to thrive and execute their strategy, they need the support of diverse disciplines. Interactions of BAs with these professionals often create a ‘shared space’ between disciplines.

The existing trend encourages experienced business analysts to learn from different disciplines and opportunities at the core as well as fringes of their role. Applying techniques from one discipline to another helps BAs grow as professionals with enough knowledge that lets them have meaningful conversations with diverse practitioners spanning varied disciplines.

#5. Lean and Scalable Business Cases for the Digital BA

One does witness increased interest in leaner business cases. With an Agile approach, organizations do feel the need to justify projects. BAs have to opt for detailed proposals, including cost-benefit analysis, although not for every proposal. Companies are getting enough funds to develop prototypes of the intended new app, with a lean business case in place, aligned with the product roadmap. Many organizations want to mine data, leverage predictive analytics, AI and machine learning. Business analysts are going digital too to help them succeed on this front, recommending the best software solutions to meet business needs.

Conclusion

The role of business analysts and the process of business analysis are both going through a whirlwind change. One can expect the business analysis trends to mirror the changing technological approach as well as business needs in the near future.

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Friday, 16 November 2018
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