Business analyst case studies are used to give a near world exposure of a business analyst. So, in this post, we will be discussing what is business analysis, what is the business analyst, what are the requirements and strategies of an analyst. Plus, a business case analysis example for better understanding. Let’s start with understanding what is business analysis before we go to analyst case studies.
What is business analysis?
Business Analysis Has Search for identifying the business needs, threats, problems and finding and implementing the solutions and changes which are required for the business.
Business analysis has three different roles which define the discipline
- Analysing the whole business, its elements to identify any process or elements and identifying the spots which require changes.
- To find every possible solution for any business problem and to implement the most suited solution.
- And, therefore, to evaluate the new process of working.
What is Business Analyst?
A business analyst is also known as BA who analysis the business process, systems, documentation, business model, technologies to identify the problems and to guide the business towards the better process, structure, product, technology.
In business analysis, there are many more roles than just business analyst like business systems, systems, process, product analyst, data scientists etc.
And to understand, what is business analyst, now understand the business analyst roles.
Business Analyst Role
Before we understand the business analyst case studies, let’s understand the business analyst role in an organization. To get a better understanding of the job and their roles and responsibilities.
Understand Business Requirements
The very first thing of an analyst is to understand the needs and requirements of the business and on what requirements business is lacking out.
The business analyst role is to find the solutions for problems which are gathered in the business process, requirements systems, technologies etc.
A business analyst not only have to create a solution plan plus they have to design and implement the solution in an organization.
Requirements For Function
It is important to analyze what is required to complete the project. As a result, to understand the business analyst case studies understand an analyst identify the requirements needed and to fulfil those requirements.
Another business analyst role is to test their processes, their solutions, techniques before implementing and making them perfect for the organization.
Decision Making & Problem Solving
It is one of the roles which is spread all of their jobs because making a decision and solving the problems. For every problem in business, a business analyst is to find and implement the solution.
Maintenance of System and Operations
A business analyst role also says that they have to provide the maintenance, system validation reports also deactivation plans. Plus, the analyst’s also involved in evaluating the replacement or deactivation is needed.
Moreover, for a better understanding of business analyst role and these business analyst case studies, here are the business analysis requirements and business analysis techniques. Therefore, it explains how a business analyst works.
Business analysis requirements
Business analysis requirements are divided into different categories. It is a piece of documentation which includes their needs, things which need updations changes etc.
So business analysis requirements are classified into:
Firstly, it’s important to understand who are the stakeholders, to understand business analyst case studies the related stakeholders play an important role in understanding their needs and requirements and to understand how business decisions will impact them.
Documenting and fulfilling the stakeholder’s requirements fulfil their requirements and later they fulfil the business requirements.
Secondly, to create a systematic business plan which includes all the requirements, working map of business, and a structure of responsibilities of each person.
Solution requirements are said to the process or quality improvement i.e changes that are made in the business process or in quality that will fulfil the stakeholder’s requirements. Such this problem will be discussed later in business analyst case studies. As a result, solution requirements in business analysis requirements are classified into:
- Functional Requirments
- Non Functional Requirments
These requirements are referred to the changes which business wanted in their process. Therefore, in simple terms, it is a process of a transaction from the current state to the target state.
A transition can be about any process or domain which might be misunderstood, so it’s important to document before start working on the project.
business analysis techniques
Business analysis techniques are some of the ways through which business analyst use to determine the environment of the business. These techniques are used later in the business analyst case studies.
Also, these techniques determine which business decisions can be most effective and from which decisions the firm has to face consequences
Here are the 4 most common business analysis techniques:
MOST refers to Mission, Objectives, Strategies. It helps in evaluating the internal analysis of the mission statement. Furthermore, it formulates strategies to tackle hurdles in achieving organization objectives
It helps in analysing the external environment of the organization. PESTLE stands for:
- Political: changes in political parties in their ideology, their policy can affect the business decisions.
- Economical: the economic conditions, economic growth and other economic factors.
- Social: environment of social society and analysing how the business will be impacted form society culture
- Technology: latest technology, upcoming changes to keep business decisions accurate.
- Legal: Law, rules, regulations which are related to the business environment.
- Environmental: analysing how the business decision will impact the environment.
In business analyst case studies a business divides into four parts. And an organization can take four different decisions for each segment. Also, SWOT analysis has four different segments are:
Organization analysis each aspect of business and each business aspect goes to one of these segments.
So, the organization knowns which segments need improvements and what are their USPs
MoSCoW stands for- Must or Should, Could or Would. This technique requires analyses of each and every requirement and mark its level of prioritization.
Afterwards, requirements with the highest prioritization get prioritize attention.
Business Analyst Case Studies
To tho under to understand an analyst job, a business analyst case studies will give a real example. So, here are is the problem and followed by the solution of how a business analysis example will solve the problem:
In the problem section of business analyst case studies, we discuss the actual problem of business case analysis example. Furthermore, it is a problem for the consumer goods company (food industry) who are targeting to expand its business. Therefore, here is the problem for business analysis example:
A large food organization who manufacturers products to make cooking easy and they think of improving their product offerings the quality of their products. Company is providing regular ketchup, regular mayonnaise, spreads, gravy mix etc. But, companies understand the Indian market which requires much more of better quality and to enhance the user experience. Therefore, to create business analyst case studies. The company wanted a market test to analyzes the market and find a suitable process for improving qualit
The target for a business analyst is to find the insights of quality measurement systems best practises which are required to create better products and the tools and the process which will be required to do so.
The solution for these business analyst case studies is divide into subparts. Moreover, the process for finding quality improvement is to find the benchmarking, creating tools, continuous feedback and finalization.
The very first step of any business problem to gather information as much as possible related to that business analysis example. However, gather all the background information related to background i:e information related to the department, history of the problem in the organization.
Afterwards, it’s important to understand the various elements which can affect the business analyses strategy. Two models for information gathering:
- PESTEL Analysis: This method analyzes the external environment of the business. The impacts of different environments on your business or your business decisions.
- Porter’s Five Force Model: In the analysis of the business environment or impact on business decisions by evaluating Industry competitors, new entrants, substitutes, buyers and suppliers.
Identify Related Stakeholders
As we are moving further in our business analyst case studies, an analyst needs to identify all the stakeholders who are associated with the decision. It’s important to understand how the different group can be affected by the decision.
So it’s, important to take a decision which suites each group of the business. Different groups in business are:
Discover Business Objectives
As the business case study examples say after the background information and understanding the stake behind the decision. Also, it’s important to understand that the decision will reflect the companies objective. Moreover, every business case analysis example shows that the decision of business reflects the business objectives, their vision and mission.
Analysis & Benchmarking
Moving further in business analyst case studies and according to our problem of improving product quality improvement.
Analysing the recent process of setting up benchmarks. To create high-quality food products, here is the process:
- Firstly measure the old process and benchmarks
- Compare the organization benchmark with competitors benchmarks and standards.
- Research for standards and benchmarks needed for improving the quality.
- In-depth interview, a survey frames the conduction by the production head, researchers, experts, to identify small sports to improve.
After all the findings and research work, the next step in business analysis example is to create tools and to fill the loopholes in the existing process to create a better and more suitable process.
Note: The process of tool creation and mapping is theoretical.
Afterwards, a final document which includes the findings, research. Plus, the most suitable process will get on documents.
Requirements for new process added to the document.
As the name suggests in this of business analyst case studies the designed plan gets trial runs. The goal is to achieve the perfect quality of food. Moreover, it creates more than one process in the theory with different variations.
After the continuous trials and feedbacks, it is essential to determine the best alternative in the next step of business analyst case studies. As a result, the organization select the best alternative which is most suited and effective. Calculation of process effectiveness:
- Quality of product
Evaluate Value Added By Project
In the final stage of our business analyst case studies, it is important to determine how effective and how the process of improving quality added to the profit levels in the business.
So, it was one of the business analyst case studies to explain the real-world working and their requirements, strategies.