Episode 7: Why should Business Analysts Understand the Business Goals and Objectives

Show Notes:

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Welcome to the B.A. Knowledge Share. If you like these videos, please subscribe and like the videos. As a business analyst, your job is to understand what are business goals and objectives. This video explains what is a business goal and objective and why is it important for you to understand what they are? Business goals and objectives are essential for the success of any organization. They provide a clear roadmap for what the business hopes to achieve and help to ensure that all employees are working towards common goals. As a business analyst, you want to tie any requirements back to business goals and objectives. It also ensures that there isn't any scope creep. Here are some more reasons why you need to be familiar with business goals and objectives. Goals and objectives provide direction without clear goals and objectives. It can be difficult for a business to know where it is going. By setting clear goals, a business can ensure that all employees are working towards a common vision and that their efforts are aligned with the overall direction of the organization. They help to prioritize tasks. Setting goals and objectives allows a business to prioritize tasks and allocate resources appropriately. This ensures that the most important tasks are completed first and that resources are used efficiently. They measure progress. Goals and objectives provide a way for a business to measure its progress and determine whether it is on track to achieve its desired outcomes. This allows the business to make adjustments as needed to stay on course. They motivate employees. Goals and objectives can be a powerful motivator for employees as they provide a clear sense of purpose and a target to work towards. By setting challenging, yet achievable goals, a business can motivate employees to give their best effort. They provide a sense of accomplishment. Achieving business goals and objectives can provide a sense of accomplishment and pride for both the business and its employees. This can help to build morale and foster a culture of success within the organization. In conclusion, business goals and objectives are essential for the success of any organization. They provide direction, help to prioritize tasks, measure progress, motivate employees and provide a sense of accomplishment by setting clear goals and objectives. A business can ensure that all employees are working towards common goals, and you, as a business analyst, can ensure that the requirements are on track. If you like what you see, consider subscribing to the be analyst chair and visit our website at B.A Knowledge Care.com.