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It is no secret that the economy is evolving at an immensely rapid pace, and businesses need to do everything in their power to keep up. There are current trends, the cost of living crisis, higher interest rates – and that’s just the external environment. So, imagine if an employee could swoop in and sprinkle success across your entire business? Or imagine being that employee that is the hypothetical ‘knight in shining armour?’ That analogy may be a little OTT, however, that is essentially what a business analyst does. Here are just a few reasons why you should upskill your workforce with our business analyst apprenticeship, and why if you are offered it as an employee, you should grab it with both hands.
Gain a Competitive Edge
Improving business processes by identifying, creating, and scoping key changes can give you a competitive edge as you stay ahead of the game. A business analyst can do all of these things, as they act as a bridge between ideas and the team's capabilities. From an employer’s perspective, having a competitive edge is obviously a great advantage. Better processes promote better growth, which will only end up benefiting the consumer. From an employee's perspective, it is a great feeling to act as a facilitator in speeding up tasks and assisting the whole team to gain a successful outcome.
Mitigate Risk
Nobody likes risk. Well, kind of. Risk ultimately turns into reward if it works, so there are a lot of positives to be said about it. However, if you can prepare for risks, you can avoid or minimise losses that may occur if something does go wrong. A business analyst can act as that safety net that understands how to manage risk and turn it into a huge success. They can also reduce uncertainty amongst the rest of the team, which can prove highly rewarding.
Drive Change Management
A business analyst can help ensure staff members adapt well to change and reinforce those changes once they’ve taken place. It requires a strong character, a true leader, and means you can truly take control of your role and make it your own. For businesses, implementing new processes can sometimes be tricky as change is often met with resistance. A business analyst can make adopting change easy-peasy, making it a no-brainer to have one on your team.
Growing Demand
Companies from across the world are in constant demand for business analysts, as they understand how to help a business adapt to economic change in a fast-paced, evolving environment. Hence why it is crucial for every business to have an analyst to stay ahead of the competition. For an employee, becoming a business analyst can provide financial stability, as the need for the role is only continuing to grow. Did we also mention that business analyst roles have salaries as high as £77,500? As we said before, literal no-brainer.
Exciting Prospects
Business processes must adapt at a rapid pace to keep up with current trends and maintain a competitive edge. Every day is a new and exciting challenge for a business analyst, making it a highly attractive role. Not only does this benefit the apprentice, but the business. Having team members motivated and passionate reflects on the wider team, and having a positive working culture can attract even more talented employees.
Sounds good? Thought so!
If you’d like to find out more about our business analyst apprenticeship for either yourself or your business, please don’t hesitate to contact us using the form on our website.
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