Now here’s the kicker, the icing on the cake. Once you have a clear notion of a business requirement, you can refine it, quantize it, and then optimize it to produce a better business model. When you do that, you are beginning to transform your business. That realization should lead you to the “why?” of Business Analysis: It is the discipline of defining business requirements for the purpose of transforming business processes in order to make the business more efficient, more competitive, or more profitable.
In my next blog I will show you that there are requirements for defining business requirements. What a drag, right? The devil’s in the details, though. If you get it right, Grasshopper, then many rewards await, though variously defined.