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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

Team Upskilling: Train business analysts on planning, gap analysis, scoping & blueprinting, cost-benefit calculation of new initiatives, solution architecture, modelling, elicitation, requirement management, performance management, and other improvement initiatives. Tools Updating: A business analyst is as good as his/her tools.

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Phocas integrates AI into it's BI platform for it's 40,000 users

Phocas

Phocas Software rapidly rolled out AI-powered queries and visualizations making it even easier to use its Analytics product for manufacturing, distribution and retail businesses. So far, the new AI feature in Analytics is proving most valuable for newcomers to business intelligence.

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These Are the BA Techniques You Should Be Aware Of

Analysts Corner

Strategy  — actionable plan to work on the objectives. Tactics  — individual steps under a defined strategic plan. Flow Diagrams This is again an additional way to understand a process from start to end. Business Process Modelling It gives an overview of the business process lifecycle.

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Top 10 Business Analysis Techniques

The BAWorld

Process Modeling: Unveiling the Flow Imagine a roadmap outlining your business processes, visualizing workflows, decision points, and interactions. Process modeling , this visual representation, empowers stakeholders to identify inefficiencies, streamline workflows, and maximize resource utilization.

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10 Business Analyst Performance Goals

Bridging the Gap

Define an action plan to expand your business analyst skill set. >> Consider the following specific goals for your performance plan: Use a new elicitation technique to discover or validate the requirements. Experiment with a new visual model to clarify a complex concept. Earn a business analyst certification.

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Business analysis tips for effective Product ownership

Analysts Corner

The language used (formal, informal, technical, non-technical), the periodicity, and other aspects are part of a Business Analysis Plan that both IIBA’s BABoK and PMI’s Guide use to define how all business analysis work and deliverables will be done. Process modeling may be used to document the “as is” process.

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Chat GPT as a tool for business analysis

Analysts Corner

Process Model created by ChatGPT A process model presents the sequence of all activities required to generate valuable outcome to a stakeholder. What would the model for the provider notification process look like? IA : Here is a possible description of the provider notification process model: 1.