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How do your values guide your analysis?

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As a business analyst, you are constantly making decisions and recommendations that affect the stakeholders, the project, and the organization. How do you ensure that your analysis is fair, objective, and ethical? How do you align your personal and professional values with the values of your clients and employers? In this article, we will explore how your values guide your analysis and how you can apply some principles and practices to enhance your ethical awareness and judgment.

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1 What are values?

Values are the beliefs, standards, and principles that guide your actions and choices. They reflect what is important to you, what motivates you, and what you stand for. Values can be personal, such as honesty, integrity, or compassion, or professional, such as quality, innovation, or customer satisfaction. Values can also be shared by a group, a culture, or an organization, such as respect, diversity, or social responsibility.

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Chander Duggal

TPM, PSM, Orchestrating successful delivery of complex programs at Tiket.com |Talks About #TechnicalProgramManager #TechProjectManagement #ProgramManagement #TechLeaders #AgileProgramManagementhip
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Shared value goes a long way, and its interesting to see people coming together to achieve common goals across diversity; Team culture can build or destroy overall all moral of team.

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2 Why are values important for analysis?

Values are important for analysis because they influence how you define the problem, gather and interpret data, evaluate alternatives, and communicate results. They also affect how you relate to your stakeholders, manage conflicts, and handle ethical dilemmas. By being aware of your values and how they align or conflict with others, you can improve your credibility, trust, and rapport. You can also avoid or resolve ethical issues that may arise during your analysis.

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3 How to identify your values?

Identifying your values can be done by using a values assessment tool, such as the Personal Values Assessment (PVA) or the Business Analysis Core Concept Model (BACCM). These tools can help you recognize and rank your top values and comprehend how they influence your actions and inclinations. You can also identify your values by thinking about past experiences, feedback, and goals. Consider queries like: what makes you proud or happy as a business analyst? What challenges or annoys you as a business analyst? What qualities or skills do you respect or look for in a business analyst? What outcomes or impacts do you aspire to or contribute to as a business analyst?

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4 How to align your values with others?

Once you have identified your values, it is important to align them with the values of your stakeholders, project, and organization. Doing so can help create a shared vision, foster collaboration, and achieve mutual benefits. To ensure alignment, you should research and understand the values, culture, and mission of your clients and employers. Additionally, engaging and consulting with stakeholders to identify their needs, expectations, and values is essential. Furthermore, communicating and demonstrating how your values support the project and organizational goals is also important. Finally, negotiating and compromising when there are conflicting or competing values among different parties is key.

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5 How to apply ethical principles and practices?

Sometimes, you may encounter situations where your values are challenged or violated by external or internal factors. These situations may pose ethical dilemmas that require you to make difficult decisions or take actions with moral implications. To apply ethical principles and practices, you can follow the code of ethics and professional conduct of your profession, such as the IIBA Code of Ethical Conduct and Professional Standards. Additionally, ethical frameworks and models, such as the IIBA Ethical Decision-Making Model or the PLUS Ethical Decision-Making Model, can help you analyze and resolve ethical issues. If you are unsure or conflicted about an ethical issue, seeking guidance from mentors, peers, or experts is recommended. Lastly, it is important to report and escalate any unethical behavior or practice that you witness or experience to the appropriate authority.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How do your values guide your analysis?

1

2

3

4

5

6

1 What are values?

2 Why are values important for analysis?

3 How to identify your values?

4 How to align your values with others?

5 How to apply ethical principles and practices?

6 Here’s what else to consider

Business Analysis

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How do your values guide your analysis?

1

2

3

4

5

6

1 What are values?

2 Why are values important for analysis?

3 How to identify your values?

4 How to align your values with others?

5 How to apply ethical principles and practices?

6 Here’s what else to consider

Business Analysis

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