BA:Innovate, Ideate & Create

Process Oriented Problem Solving This Completely refers to solving the problem before it gets too large or identify the future problems predict the solution and being ready to tackle it. how it starts? it starts with the existing process first of they understand the parts of each and every step of the process they identify the number of defects prioritize it, measure the total cost and many more. For Example: When it comes to RBC's business analysts they follow this whole process think of the results and the impact it can create before starting and working on the project and defects various types of metrics: 1. number of defects 2. cycle time 3. number of touches 4. total cost once the changes are made and impact and results are obtained this process continously goes on keeps on repeating forever in order to find the defects and improve it.

What is Quality Change? Quality change means to completely modify a product or to enhance the current product. Quality change is also applicable to the business who offer just the services. What is quality change model? It is a model that is used by organization to achieve the highest level of customer satisfaction by enhancing their product or maybe by implementing changes to their product or service. Examples of quality change model are: 1. Six Sigma 2. Total Quality Change 3. Lean manufacturing system. Benefits of Quality Change models Organization uses such models to achieve customer satisfaction. If a business is about product then they can eliminate waste. Businesses can improve their service and products. Overall cost can be reduced by managing recourses. Identify and solve the problem

Business Analysis Planning and Monitoring It's main task is to organize and coordinate the efforts of business analysts and stakeholders. It helps references and guidelines for future decisions or planning of other tasks. Plan Business Analysis Approach Main purpose to define an appropriate method to conduct business analysis activities Align goals: Decide and achieve the goals on the basis of long term  thinking and its effect or the                       impact on the company. Example:  RBC mainly follows a process of identifying the activities and complete each activities                       according to order and priorities. `Manage risk: Managing risk is one the most important things to do in this competitive world as of                              serving ...

Underlying competencies The skills, knowledge and characteristics that possesses the activities and performance of an Business Analysis. Analytical thinking and problem solving This process includes analyzing the situation, assessing its consequences, understanding the problem, thinking for various solutions to the problem, and using the best solution to eliminate the problem. Problem solving The BA faces many problems during their projects. The role of BA is to understand and analyze the customer’s problems and be able to recommend suitable solutions to them. Example: The BA at RBC interacts with the employees to understand and address the problems faced by the customers and the employees. He makes sure that every problem is solved. Behavioural Characteristics Behavioural Characteristics are very important for because these are the skills which affect the efforts of an BA. It helps him to build trust and respect of stakeholders. Ethics In an organization or project, BA is...

The Business Analysis Core Concept Model It includes what business analysis is and what it tends to those who perform business analysis tasks regardless of their association level, their views, industry, and methodology. The six core concept of this model is: Change, Need, Solution, Stakeholder, Value, and Context. RBC is experiencing a problem related to getting back the mortgage money so they are tightening the rules for mortgage. Key terms Enterprise: Basically when one or more organization get together for achieving the same goals and it can include any type of organization. A organization named Student life Network (SLN) is working for providing scholarships to student and the goal of this organization is to make student life easy by providing money which they can earn by participating in different competition. RBC have the same goal so SLN gives money to the winner in their RBC account however, if student does not have RBC account then he/she has to open an rbc account ...

A joyful "Hi" from us, creative students pursuing their dreams to analyze problems. This blog is all about Business Analyst a.k.a The algorithm for success. What is Business Analysis? Business Analysis is a process where you find out your business's strong point and weak point. This further leads to eliminating weakness by gathering the requirements and needs of a business and bringing the relative change to the company or to the project. RBC is the largest bank and as a result of this, it earns more revenue. On the contrary, banks balance sheet is still empty due to the home mortgage and other loans. So this is the business analysis of RBC, where getting mortgage money back as soon as possible is a problem and increasing revenue could be an opportunity or a goal for RBC. Who is a Business Analyst? Any person who is innovative, collaborative, self-driven and can think out of the box to find the solution to the business problem. The main duties of a BA are to g...