Framework Business Analyst

What is Framework Business Analyst? The below diagram explains Framework Business Analyst. This chart shows an important concept or a framework to help one run their business, improve company's strategy, internal processs, enhance project management, technology, and client experience.

Framework Business Analyst

A Business Analysis Framework is a conceptual and real blueprint that involves and describes all the vital requirements of running a business. The framework is built upon knowledge, various techniques and established concepts and critical analysis as well . It is a step-wise approach that is implemented to match the business practices with the organizational goals . The framework can be presented graphically as a sequence of steps required to create a framework . Some of the helpful and most common business analysis frameworks that are used in the present time business world are mentioned below :

1. Michael Porter’s Five Forces Model: This is especially used for analyzing industries.
2. SWOT Analysis: This is used to identify the strengths, weaknesses, opportunities, and threats of a business.
3. PESTLE Analysis: This is used to analyze the political, economic, social, technological, legal, and environmental factors that affect a business.
4. MOST Analysis: This is used to identify the mission, objectives, strategies, and tactics of a business.

To become a business analyst, one can pursue a certification in the business analysis (BA) certification framework from the International Institute of Business Analysis (IIBA) or earn a Business Analyst Certification to get skilled with the nuances of business analysis .