What is business analytics and what does a business analyst do?
Business analytics is the process of analyzing information to help a company make informed decisions. A business analyst collects, processes, and analyzes information to help solve various business problems.
They work with data to track key metrics, such as revenue, and structure them to make strategic decisions. It is important to be able to present the results of analysis in the form of understandable reports and charts. The role of these specialists depends on the company’s area of activity, but in general they help improve business processes and increase efficiency.
What tools are needed in business analytics?
Business analytics uses a wide range of tools. Basic mexico whatsapp number ones include Excel and Google Sheets for working with information. Tableau or Power BI are often used for visualization. In the IT field, it is important for business analysts to be able to work with project management systems such as Jira. The choice of tools depends on the field of activity and specific tasks of each company. Tools for creating diagrams and business process schemes are also important, for example, Visio or draw.io.
How to become a business analyst and where to look for vacancies?
To become a business analyst, it is important to develop analytical skills, study methodologies for analyzing information and business processes. Many start with a specialized education in economics, management or IT. Then you can take specialized courses in business analysis.
You can gain practical experience by starting as a junior analyst or intern. Business analyst vacancies can be found on specialized job sites, as well as on the websites of large companies in the "Career" section.
What to do if the customer does not understand the business analyst's recommendations?
If the client does not understand the recommendations, it is important to be able to communicate effectively. Try to explain your findings using simpler language and visual examples. Prepare a presentation with clear charts and graphs. It is important to be able to link your recommendations to the specific business goals of the client.
If the problem persists, arrange an additional meeting to discuss and clarify the details. Remember that the ability to convey complex information in simple language is a key skill for business analysts.
How is business analytics related to project management?
Business analytics is closely related to project management. Business analysts often work on project teams, helping to define project goals, analyze customer requirements, and assess risks. They provide information needed to make decisions during the project.
In some cases, a business analyst may act as a project manager or work closely with one. Knowing the basics of project management helps business analysts interact more effectively with the team and the customer, as well as better understand the business context of projects.