Business Analysis and Business Analytics are related but distinct disciplines within the field of business.
Here’s a comparison of the two:
Business Analysis
Focus:
– Identifying business needs and determining solutions to business problems.
– Solutions often include a systems … Read the rest
A Business Analysis Needs Assessment is a systematic approach to identify and understand the requirements and needs of a business to improve its performance, address problems, or seize new opportunities.
Here’s a step-by-step guide to conducting a needs assessment:
1. … Read the rest
A business analysis newsletter is a regular publication, often delivered via email, that provides updates, insights, and information relevant to the field of business analysis.
It typically includes:
1. Industry News: Updates on the latest trends, tools, and technologies in … Read the rest
Sage X3 is an enterprise resource planning (ERP) software designed for mid-sized to large businesses.
It integrates various business processes and functions into a single system, offering tools for managing finance, supply chain, manufacturing, sales, customer service, and human resources. … Read the rest
The Novus Programme, often found in the context of business transformation and innovation, typically involves the implementation of new technologies, processes, or strategies to drive growth, efficiency, and competitive advantage.
Here’s a structured approach to conducting a business analysis for … Read the rest
The National Qualifications Framework (NQF) Level 10 corresponds to a doctoral degree (PhD) in South Africa.
Pursuing a PhD in Business Analysis at this level would involve advanced research and contributions to the field.
Here are the key components and … Read the rest
The National Qualifications Framework (NQF) Level 9 typically corresponds to a Master’s degree or equivalent qualification in many educational systems, including South Africa.
A Business Analysis qualification at this level would likely focus on advanced and specialized knowledge and skills … Read the rest
Elicitation is the process of gathering information from stakeholders to understand their needs and requirements. Best practices for elicitation ensure that this process is effective and thorough.
Here are some key best practices:
1. Preparation:
– Understand Stakeholders: Identify all … Read the rest
The National Qualifications Framework (NQF) Level 8 for Business Analysis typically corresponds to postgraduate-level education, such as an honors degree or a postgraduate diploma.
This level is characterized by advanced, specialized, and strategic knowledge and skills in business analysis.
Here’s … Read the rest
The National Qualifications Framework (NQF) level 7 is often associated with advanced undergraduate or postgraduate qualifications, such as Bachelor’s degrees with honors or graduate diplomas, depending on the country.
Business Analysis at NQF Level 7 typically involves a thorough understanding … Read the rest
