Occasionally, it is possible to interchange the usage of Business Analysis and Change Management in our conversations. However, there are notable differences in both these positions, each of the positions has its own goals and definitions.
It is not necessarily immediately obvious the differences between the two roles, but both Business Analysts and Change Managers are essential for a successful organization.
Will we attempt to show in this article the notable differences between the two roles.
A Business Analyst is an employee who analyzes the business processes in an organization and proposes solutions to any issues or problems for the betterment of the organization.
On the other hand, when it comes to Change Management, the major goal of the management team is to propose changes that would affect the whole organization according to the business environment and practices.
Change Management makes sure that the business does not become complacent and is always updated with the innovations in the market. Management is expected to think long term and to suggest and perform changes to the organization.
A Business Analyst’s goals are much broader and involves the day-to-day work of the business. Here the analyst would collate the day-to-day activities of the organization and implement solutions according to the need.
An organization could depend on a Business Analyst for its day-to-day operations and it can take the advice of Change Management for future course of action for the business.
Way of working:
There is also a great deal of difference in the way both the Business Analysts and Change Management operate.
A Business Analyst looks through the inefficiencies within the business operations and would be expected to provide solutions to solve the identified vulnerabilities within the operation.
On the other hand, a Change Management team would look at the operations of the business and compare it with the prevailing market conditions. If the Change Management team discovers if there is any change required for the organization, then the team would propose it to the organization.
Skills required also differ in both these job positions, within business analysis, the analyst needs to have an eye for detail and should have good investigation skills to determine problem areas or issues within the business.
Whereas, in a Change Management, the team member should have extensive knowledge of the market conditions. The team member should have the skills to think for the long term and should be able to assess and forecast the impact of the proposed changes to the organization.
Scope of the Job:
Both of these roles offer good scope for growth within an organization, but there are still some minor differences in terms of salary and growth market.
The average pay for an entry level Business Analyst in a reputed organization is $70,000 per year and the year-on-year growth percentage for the job stands at close to 10%.
Whereas, the average pay for an entry level Change Management team member is around $90,000 and the growth rate in this industry is around 5%.
We can see that the Change Management has an upper-hand in salary, but still there is a lot of room for growth within the Business Analyst position.
If you are interested in the Business Analyst role you should prepare for interview questions. Check out this bank of questions and see how you get on