Business analysis is an essential part of any business
because change is constantly a factor that needs to be dealt with. Changes
happen not just with the market you have but also in the industry you belong
to. In order to succeed despite the changes, proper business analysis must be
done at the right time. Business analysis (BA) can come in various forms but it
is important if you want your business to stay not just ahead of the game, but
also to survive the many changes that affect your performance.
According to Nancy Nee, vice president of Global Product
Strategy, ESI International, there are specific BA
trends that will be prominent in 2013. We have gone over six of them
in our previous posts. The seventh key BA trend this year is about how the
government will slowly, but surely, recognize the value of BA as it moves
towards a more agile environment.
These days, with budgets so tight, there is a focus on
strategic enterprise analysis – the foundation to organizations that are
embracing business architecture.
“It’s all about: How do we grow our business? Make our
business more money? How do we keep our business stable? All of these things
are about the BA and the ability to do strategic enterprise analysis,” Nee
explained.
We will begin to see that as organizations are able to work
in the space they are trying to deliver their products with greater uptake to
be the next Apple or Microsoft, for example. They will be looking at strategic
enterprise analysis and business architecture together for its all about defining
the “what” of business and how we can deliver customer value.
Check out the full video below:
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