that of “someone who analyzes an organization or business domain (real or hypothetical) and
documents its business or processes or systems, assessing the business model or its
integration with technology”, one can infer that the role of a BA is, at the lowest level,
problem assessment and analysis as well as solution initiator. The BA’s role currently
transcends beyond accessing and identifying problem areas to proffering both short term and
long term solutions to complex business problems in line with organizational goals and
objectives. The BA takes the lead in planning and monitoring, aiding in business case, as well as
organizing, …show more content…
It is essential for a Business Analysis to have good verbal communication and technical
writing skills. The BA should also have problem solving, analytical thinking, documentation and
specification and analysis skills. Also the BA should be able to facilitate workshops while
eliciting requirements. Some other technical skill sets a BA should have is the ability to create
visual modelling such as wireframe prototypes and work-flow diagrams. Adequate knowledge
of business analysis tools such as Microsoft excel, word power point and visio and Enterprise
Architecture is also required. Regardless of all these technical skills there are a number of soft
skills that are also required for anyone to be successful with Business Analysis Career. Some of
these skills include the relationship-building, self-managing, crisis management and time
management. It is the responsibility of the BA to build good and strong relationship that
involves trust with the stakeholders and team mates. A very important soft skill a BA possess
as well is the ability be proactive and effectively manage commitment to deadlines. A BA in …show more content…
It believed that the market would be able to correct any interruptions, as intervention would
do more harm than good. This ideology brought about the problem of asymmetric information
that led to moral hazard and adverse selection. These practices led to the artificial booms in
the market that snowballed into the great depression which swept across America and
Europe. There are two ways the Business Analyst would have had a positive impact on the
economy to avoid the great depression. The first is that before the adoption of the laissez faire
principle, the BA would have analyzed the impact of the lack of government intervention in
the economy and come up with models to represent and predict the occurrence of the great
depression. A proper analysis of this principle would expose the fact that business would take
advantage of the situation and get involved in practices that are unethical such as artificial
hiking of real estate and stock prices for self-gain. This would trigger a warning sign that the
boom would not last very long and dissemination of information would lead to lack