Business analyst

[6] Business analysis has been defined as "a disciplined approach for introducing change to organization"[1] through management, processing, and interpretation of data in order to "identify and define the solution that will maximize the value delivered by an organization to its stakeholders".

[7] This can then be used to improve business performance through identifying areas for potential growth, cost reduction, understanding customer behavior, and observing economic trends and forecasts, and then reacting appropriately.

[10] Due to the range of applications a business analyst can have, there are specific areas in which they can function.

[3] There are broader categorized skill sets which business analysts require in the work place.

[20] Considering all these factors into their tasks reduces the risk of inaccurate conclusions being drawn.

Business analysts work best in environments where group dynamics are balanced and teamwork is maximised to ensure the best conclusions are drawn from the data.

[20] Effectively communicating to external parties is an important challenge for business analysts.