The Three Most Simple (and Effective) Tools for Business Analysis | Two Minute Tuesdays

The Three Most Simple (and Effective) Tools for Business Analysis | Two Minute Tuesdays

Ready for a dose of Business 101? Check out these truly effective business analysis tools, including: SWOT Analysis, Porter’s 5 Forces and The 5 Cs of Marketing. Using these models to analyze your business will help you craft a sound strategy to help grow your overall presence and competitiveness. Visit for more business tips and tricks from our ecommerce experts.

What Techniques Do Business Analysts Use?

This KnowledgeKnugget™ (KK) is part of an eCourse “Business Analysis Defined”.
Also available as Paperback or Kindle eBook at

Although the field of IT Business Analysis offers great career opportunities for those seeking employment, some business analysis skills are essential for any adult in the business world today. For example, the task of defining the requirements for an IT solution is handed to Business Analysts as well as Subject Matter Experts, Developers, System Analysts, Product Owners, Project Managers, Line Managers, or any other business expert. Applying business analysis techniques to define their business needs results in much higher chances for a successful IT project.

In this KnowledgeKnugget™ you will learn what business analysis techniques and tools are most commonly used around the world based on surveys of actual business analysts.

This KnowledgeKnugget™ answers questions like:
1. What are the primary activities in business analysis?
2. What tools or techniques do they use?

To view more IT requirements training, visit the Business Analysis Learning Store at

Business analysis is the process of studying a business or any other organization to identify business opportunities / problem areas and suggest potential solutions. A wide range of people with various titles, roles and responsibilities actually apply business analysis techniques within an organization.

There are three fundamentally different flavors or levels of business analysis:

1. Strategic Business Analysis (aka Enterprise Analysis) ( )
2. Tactical Business Analysis (
3. Operational Business Analysis ( Business Analysis)

Strategic Business Analysis is the study of business visions, goals, objectives, and strategies of an organization or an organizational unit to identify the desired future. It encompasses the analysis of existing organizational structure, policies, politics, problems, opportunities, and application architecture to build a business case for change. This analysis employs business analysis techniques such as Variance Analysis, Feasibility Analysis, Force Field Analysis, Decision Analysis, and Key Performance Indicators to support senior management in the decision-making process.

The primary outcome of this work is a set of defined, prioritized projects and initiatives that the organization will undertake to create the desired future. If the initiative includes the development of software using an Agile Software Development Methodology (SDM) (, strategic business analysis techniques identify themes and/or epics, and initiate a product backlog.

Tactical Business Analysis is at the project or initiative level to flush out the details of the proposed solution and to ensure that it meets the needs of the business community. Commonly used business analysis techniques at this level include Stakeholder Identification (, Interviewing (, Facilitation (, Baselining, Coverage Matrices, MoSCoW Analysis (, Benchmarking, Business Rules Analysis, Change Management, Process and Data Modeling (, and Functional Decomposition (

In an Agile environment, Tactical Business Analysis adds to the Product Backlog and/or Release Plans expressed in Themes, Business Epics, Architecture Epics, User Stories (, and User Story Epics. In a traditional setting, the primary outcome of Tactical Business Analysis is a set of textual and/or modeled Business and Stakeholder Requirements (


36 Comments on "The Three Most Simple (and Effective) Tools for Business Analysis | Two Minute Tuesdays"

  1. thank yoooooooooooooooooooooooooooooooooooooooooooooooooooou

  2. Hi Could able to help me, I am an owner of Plant and tool hiring company , I am looking for a business Analyst. But how can I make a job description about that role?

  3. It is too siimplified

  4. Fridah Kinya | January 8, 2018 at 8:06 pm |

    This help me alot. Thank you Matt.

  5. Jezza Clarkson | January 8, 2018 at 9:00 pm |

    Thank you kindly -this helped with my assignment

  6. Thank you! I learned two new techniques!

  7. Manav Sukhija | January 8, 2018 at 9:47 pm |

    Great summary …. this covers almost everything about business… 🙂

  8. Gokul Mahadevan | January 8, 2018 at 10:08 pm |

    Thanks Matt,got them to be a holistic approach for improving business and have more of a productive outcome

  9. Chandima Bandara | January 8, 2018 at 10:34 pm |

    Thanks for this! I have a question. What's your recommendation for a market analytics software ? 

  10. Damian Leonarrddo | January 8, 2018 at 11:00 pm |

    very cute

  11. The 18 Dollar Miracle | January 8, 2018 at 11:10 pm |

    good info, nicely presented, thanks will use some in future trainings.

  12. jeffryn mami | January 8, 2018 at 11:22 pm |

    hi matt, I d like to thank u for the video and ask u a question. How can we apply these theories on Wikipedia. thanks

  13. Pardeep Parmar | January 8, 2018 at 11:37 pm |


  14. Baskar Ganesan | January 9, 2018 at 12:35 am |

    Simple and yet effective video. A great time saver too! Kepp it up..


  15. Triveni satyanarayana | January 9, 2018 at 1:00 am |

    Superior and Great Video!
    I use an iPhone app called "mySWOT" which helps me to utilize my strengths, overcome my weakness, seize the opportunities and avoid threats! with this simple change I have done some good advance in life!

  16. Thanks! Never fear, we have no plans to stop making our videos… Tuesdays just wouldn't be the same without them! – Matt W.

  17. Just want to let you know I really appreciate these videos so don't stop making them!!!

  18. Abhishek Singh | January 9, 2018 at 3:17 am |

    Succint and to the point video, thanks a lot

  19. Jayesh Suthar | January 9, 2018 at 4:02 am |

    Excellent video

  20. Very helpful, well animated and paced – thank you!

  21. E. Michael Rosales | January 9, 2018 at 5:14 am |

    Great and informative with concise consumable content! Thank you.

  22. sabari juttu | January 9, 2018 at 5:45 am |

    hello sir,im doing mba in ba…is there is scope on this field now?

  23. Gaurav Sharma | January 9, 2018 at 6:14 am |

    Hello, the video is very concise and helpful. Is there a way for an engineer having core mechanical/civil skills to become a Business analyst as there are very limited scopes.. Thanks, Gaurav.

  24. Hello, Thanks you for your videos! Your accent is very nice! (I'm French). Nice description, definition. it'll help me to be better during an interview! I subscribe!

  25. Donn Niffenegger | January 9, 2018 at 7:20 am |

    I feel completely ignorant and hopeless.

  26. Daniel Stojanovic | January 9, 2018 at 8:10 am |

    Please throw away that hat

  27. It was a great video to understand insight of BA techniques. Can you please elaborate more on each technique to understand in detailed process of each technique. Please share the video if available.

  28. do BA in IT field use programming/ math skills? thanks. Because I find some jobs preferring computer science bachelor's.

  29. Leo St. Mark | January 9, 2018 at 10:04 am |

    Good video.  Thank you.

  30. Good overview.

  31. That was an excellent video, very clear and concise. Thank you.

  32. snowballs442 | January 9, 2018 at 11:44 am |

    That hat has to go…

  33. The Jackson | January 9, 2018 at 12:34 pm |

    do they use alot of math?

  34. Video gives a perfect insight of what BA is and could become in future

  35. HuffyTheMan09 | January 9, 2018 at 1:46 pm |

    Couldn't take this guy seriously with that hat..

  36. This is really a good video with great presentation. Please upload BA training videos if possible! Thank you!

Comments are closed.