As business analysts, both the input and output from us are information. We don’t create any physical thing such as machinery or gadget or software, but rather we provide the roadmap for the creation in the form of recommended solution. Business analysis techniques are methods or approaches to identify, sort, analyse and present information, which is consumed both by the business analysts and stakeholders. So the first thing what we need to understand here is techniques enable us to think in a particular direction and gives us orientation to process the given information. For example, take SWOT analysis, it helps us to think about the strengths, weaknesses, threats and opportunities of the organisation and present this information in a two-by-two matrix for a quick glance and decision-making. Hence techniques are not the automated tools that will constantly churn out information in your business analysis projects, rather it will enable you to think in a particular way. The saying garbage-in and garbage-out fits very well here. If the business analyst is not skilful in collecting the right information and analyse it in the right way these techniques doesn’t serve any great purpose.

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I would like to present an analogy here. Think you are a skilled archer walking into a forest with a bow and bunch of arrows on your backpack. You are coming across small and big problems in the form of a large snake and a wild animal. I hope you will not use the same arrow to address these problems. Here the archer is the business analyst, snake and wild animal are business problems and the arrows are techniques. As a business analyst, it is you who will decide what techniques to use, when to use and how to use. Through experience, you will learn to select the most appropriate technique for the given situation. The purpose of this article is to introduce you to various business analysis techniques at a very high level. Mastering these 210 business analysis techniques will help you to achieve better results in business analysis projects. Please follow this blog to learn practical insights about these business analysis techniques. And wherever you want to explore more, further reading is recommended.

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5 Why's 5s A3 problem solving Abstraction Acceptance and Evaluation Criteria Activity Sampling Adizes Corporate Life cycle ADL Matrix Analogy Andon ANOVA Ansoff's matrix ARCI matrix Axiomatic design Background research Backlog Management Baker's 4 Strategies of Influence Balanced Scorecard BCG Matrix Benchmarking and Market Analysis Benefit-cost-analysis (BCA) Benefits Management Blue Ocean Strategy Bottleneck Analysis Bowman's Strategy Clock Brainstorming Build-Measure-Learn Feedback Loop Business Activity Model (BAM) Business Capability Analysis Business Case Business Model Canvas Business process mapping Business Rules Analysis CAGE distance framework CATWOE Cause and effect diagram Class modelling Collaborative Games Concept Modelling Conscious competence model Context Diagram Continuous flow Control Chart Core competencies analysis Critical success factors Crosby's 14 steps for Improvement CRUD matrix CTQ Tree Cultural Analysis Customer Experience Mapping Data Dictionary Data Flow Diagrams Data Mining Data Modelling Decision Analysis Decision Modelling Deming's Five diseases of Management Design of Experiments Disruptive technologies Divide and Conquer DMADV DMAIC Document Analysis Entity relationship diagram EPRG model Estimation Feasibility analysis Financial Analysis Focus Groups Force-field analysis Four-view model Functional Decomposition Gap analysis Garvin's 8 dimensions of Quality Gemba (The Real Place) GE-Mckinsey Matrix Glossary Greiner Curve GROW Model Hedgehog concept Heijunka (Level Scheduling) Heptalysis Histogram Hive Mind Hoshin Kanri (Policy Deployment) Hoshin Planning system Hothousing House of Quality Hypothesis testing Impact analysis Innovation Circle Interface Analysis Interviews Intuition Item Tracking Jidoka (Autonomation) Joint Application Development Workshops (IBM) Just-In-Time (JIT) Kaizen (Continuous Improvement) Kanban (Pull System)

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101. Kapferer's brand identity Prism102. Kay's Distinctive Capabilities framework103. Keller's brand equity model104. Kolb cycle105. Kotler and Keller's Five product Levels106. KPIs (Key Performance Indicators)107. Kraljic portfolio Purchasing Model108. Kurt Lewin's model of organisational change109. Lateral thinking110. Lessons Learned111. Mckinsey's 3 Horizons of Growth112. McKinsey's 7-S113. McKinseys Seven degrees of Freedom for Growth114. Means-ends Analysis115. Method of focal objects116. Metrics and Key Performance Indicators (KPIs)117. Miles and Snow's Organisational Strategies118. Mind mapping119. Mind Maps120. Mintzberg 5Ps of Strategy121. Morphological Analysis122. MoSCoW prioritisation123. Muda (Waste)124. Mullins Seven Domains Model125. Net promoter Score126. Non-Functional Requirements Analysis127. Observation128. OGSM Frameworks129. Ohmae's 3C model130. OODA131. Organizational Modelling132. Overall Equipment Effectiveness (OEE)133. P/I grid134. Pareto chart135. PDCA (Plan, Do, Check, Act)136. PESTLE analysis137. Poka-Yoke (Error Proofing)138. POOGI-Process of On-Going Improvement139. Porter's Five Forces framework140. Principled negotiation141. Prioritization142. Process Analysis143. Process Modelling144. Product diffusion curve145. Product-Process Matrix146. Prototyping147. Pyramid of Purpose148. Quality function Deployment149. RATER Model150. Reduction151. Regression analysis152. Requirements traceability matrix153. Requirements validation154. Research155. Resource audit156. Reviews157. RFM segmentation158. Rich Picture159. Risk Analysis and Management160. Roles and Permissions Matrix161. Rolled throughput yield162. Root Cause Analysis163. Root Cause Analysis164. RPR problem diagnosis165. SARAH model166. Scatter diagram167. Scenario Analysis168. Scenarios169. Scope Modelling170. Sequence Diagrams171. Simonson and Rosen's Influence Mix172. Single-Minute Exchange of Dies (SMED)173. SIPOC Analysis174. Six Big Losses175. Six thinking hats176. SMART Goals177. SOAR analysis178. Stakeholder List, Map, or Personas179. Stakeholder wheel180. Standardized Work181. State Machine Diagram182. State Modelling183. Storyboarding184. Stratification185. Survey or Questionnaire186. Swimlane diagrams187. SWOT Analysis188. System Dynamics189. System event analysis190. Taguchi Loss function191. Takt Time192. Teece's Win-Lose Innovation Model193. Thomas-Kilmann conflict mode instrument194. Timeboxing195. Total Productive Maintenance (TPM)196. Triple Bottom Line197. TRIZ198. Use Cases diagrams199. User Stories200. Value chain analysis201. Value disciplines model202. Value Net model203. Value proposition analysis204. Value Stream Mapping205. Vendor Assessment206. VMOST analysis207. VPEC-T208. VRIO analysis209. Weisboard's Six-Box Model210. Workshops

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Fhyzics Business Consultants, an Approved Training Provider of BCS, UK offering Business Analysis, Artificial Intelligence, Business Consulting and User Experience certifications of BCS, The Chartered Institute for IT, UK. All the certifications come with Training, Preparation Material and Examination. The trainings are available in both classroom and online formats. For more details, please visit our website at www.iiscm.org or email us at cs@fhyzics.net or speak to us at +91-900-304-9000.