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Hi analysts!⭐️
What do you think about learning programming for a business analyst?
You can find an opinion on this here.
Feel free to share yours in the comments👇
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Hi analysts!⭐️
I was wondering which topics is the most interesting for you to discuss?
Please, share in the comments below!
Hi analysts!⭐️
How do you deal with benchmarking?
Most marketing articles on the websites of software development companies assume that the potential Customer knows exactly how his product will look like, what functions it will perform, and what differs his/her solution from the competitors on the market. This completely ignores the situation when the Customer is not so familiar with the competitors’ products, has no strategy of further evolving his own product by delivering additional functions, or is not aware of the ways to resolve the emerging problems undertaken by market leaders. In this case, benchmarking can help the client with making right decisions.
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Hi analysts! ⭐️
Some posts ago we have started discussion about Benchmarking.
Let's see what types of benchmarking do you know.
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Hello, friends!👋
Andersen announces recruitment for the Business Analysis Trainee.

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*Including relocatees.

📌English/German/French level Upper-Intermediate or higher (verbal communication);
📌a strong theoretical base in BA, successfully completed Business Analyst in IT courses;
📌previous healthcare, consulting, international law, finance (banking, insurance, accounting, audit) experience will be a plus.

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If you are interested in an internship at the international company Andersen, we kindly ask you to fill in the FORM
and follow the directions that will be sent to your email specified in the form.

Andersen is a great opportunity for your start and growth in IT🕊
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Hi analysts! ⭐️
Let's continue topic Benchmarking (Part 1, Part 2) and discuss pros and cons of benchmarking.

✔️If a company has managed to collect qualitative data for comparison, then benchmarking will bring a number of advantages:
Rapidity ​​- benchmarking allows you to quickly improve the quality of products by analyzing the advantages of competitors.
Prevention - analysis helps to prevent the occurrence of difficulties and loss of profit by studying someone else's bad experience.
Application of best practices - the method gives the company the opportunity to optimize its business by applying the best solutions of competitors.
Availability - benchmarking does not require significant financial and time costs.

At the same time, the use of benchmarking has some disadvantages, including:
Not answering the question “how” - we only find out “what needs to be done”, and then there is a creative process of developing new non-standard solutions to achieve success.
Not working with innovative products - benchmarking works only when we have something to compare with, but is poorly applicable when you want to release a brand new product that has no analogues.
Using open source information - only the information that competitors revealed will be used for analysis. This may limit information about internal processes or practical solutions that represent certain trade secrets.

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