Here's how you can assess success in Business Analysis using key performance indicators.
Understanding the role of business analysis is crucial for organizations looking to improve processes, products, services, and software through data-driven insights. Business analysts bridge the gap between IT and the business, using analytics to assess processes, determine requirements and deliver data-driven recommendations and reports to executives and stakeholders. Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on the overall performance of the business, while low-level KPIs may focus on processes in departments such as sales, marketing, HR, support, and others.