ISCO Occupation Group 2421.1 Business Analyst

From Open Risk Manual

Definition

Business Analyst:

Business analysts research and understand the strategic position of businesses and companies in relation to their markets and their stakeholders. They analyse and present their views on how the company, from many perspectives, can improve its strategic position and internal corporate structure. They assess needs for change, communication methods, technology, IT tools, new standards and certifications.

Essential Skills

  • Analyse Business Plans
  • Advise On Efficiency Improvements
  • Scientific Research Methodology
  • Identify Undetected Organisational Needs
  • Interpret Financial Statements
  • Conduct Qualitative Research
  • Build Business Relationships
  • Align Efforts Towards Business Development
  • Conduct Quantitative Research
  • Perform Business Analysis
  • Make Strategic Business Decisions
  • Analyse External Factors Of Companies
  • Analyse Financial Performance Of A Company
  • Market Research
  • Liaise With Managers
  • Analyse Internal Factors Of Companies
  • Risk Management
  • Business Analysis


Optional Skills

  • Interview People
  • Corporate Law
  • Advise On Personnel Management
  • Organisational Policies
  • Financial Statements
  • Quality Standards
  • Shape Organisational Teams Based On Competencies
  • Business Law
  • Report Analysis Results
  • Market Entry Strategies
  • Advise On Risk Management
  • Advise On Financial Matters
  • Business Strategy Concepts
  • Seek Innovation In Current Practices
  • Keep Updated On The Political Landscape
  • Business Process Modelling
  • Define Organisational Standards
  • Advise On Organisation Climate
  • Advise Client On Technical Possibilities
  • Advise On Communication Strategies
  • Business Intelligence
  • Support Implementation Of Quality Management Systems
  • Propose Ict Solutions To Business Problems


Alternative Names

  • Standardisation Expert
  • Business Strategy Analyst
  • Standardization Expert
  • Business Development Analyst
  • Business Strategy Consultant
  • Management Consultant
  • Standardisation Manager
  • Organisational Developer


Specializations

Specialization Title
C2421.1.1 ISCO Specialization 2421.1.1 Manufacturing Cost Estimator

Higher Level