This article is Part 2 of a series on Non-Traditional career opportunities in the IT Industry..
Now is a good time for business analysts to “consider or understand all the different career paths available for earning a living” because all the changes that are taking place in our marketplace, technology and culture have fundamentally transformed the way we work or the opportunities available to us.
with this in mind, I will address a question submitted by a reader (Kintu Vicent) about “how to earn an income as a business analyst without regular, traditional employment!“.
Transformational Changes and Paradigm Shits Affecting Business Analysts
Technological changes: Video Conferencing, Internet and mobile technologies make it feasible / possible for a business analyst living in Saint Louis, Missouri (for example) to communicate clearly with or work for an organization based in Palm Springs, Florida.
Social / Cultural changes: Social Media (Twitter, LinkedIn, Facebook, Google+ MySpace, etc.) and blogging has changed the way we communicate and work.
In this social media age, business analysts may be discovered and hired because of their social media profile. So, the importance to a business analyst’s career of social media sites like Twitter, Facebook, LinkedIn cannot be over-emphasized.
In addition, it is feasible for business analysts to communicate or build relationships with stakeholders and consumers who may be in remote locations using social media tools alone.
Marketplace changes: Information Technology (Internet, Web, Mobile, Software) now plays a predominant role in how organizations spread ideas or market their products and services.
Now, most business units including marketing, communications and advertising have embraced or adopted web / mobile / internet technologies as part of their business processes.
That means that business analysts with technology skills, background and/or experience have skills that are portable and highly relevant to many an organization’s objectives, goals, strategies or tactics.
With all these in mind, let’s review how business analysts may find or engage in opportunities created by these transformational changes.
First, Build A Strategic Plan Using SWOT Analysis
The fundamentals of earning an income is rooted in the exchange of goods, services or skills and having an 8 to 5 job is just one way of doing that!
So, begin with SWOT Analysis as a first step to understanding and / or evaluating the opportunities available to you, keeping in mind that there may be alternatives to the regular 8 to 5 employment available to you at this moment!
Using SWOT Analysis, review your industry, evaluate the opportunities available to you and threats coming against you, review competitive forces and / or disruptive changes and finally, evaluate your strengths and weaknesses.
You have to consider your strengths relative to the business analyst market place because you only get paid for what you can do well compared to others and you have to evaluate opportunities and threats because your best opportunities may only be truly apparent after you consider all the factors that can affect your career!
Assuming that you have prepared your own SWOT Analysis, let me introduce you to three career paths for business analysts who are interested in understanding and / or evaluating all the opportunities available to them in this Social Media / Internet age.
Become A Business Analyst Blogger
You may become a blogger for the business analyst industry! If you are interested in learning “how blogging can help your career, please read this recommended article“ …
To become a business analyst blogger, you need a computer, a word processor and an internet connection and time to spare.
You can live anywhere in the world as a business analyst blogger because your audience is is easily found on the internet.
There are several ways of monetizing your blogging income streams and you need to choose a business model that best suits your blogging goals.
Become A Business Analyst Consultant
Consider becoming a freelance business analyst consultant! As a freelance business analyst consultant, you may specialize in requirements analysis, requirements modeling and documentation, Use Cases, UML or Data Modeling for any time of industry (Utilities, IT, Education, Health, etc.).
As a freelance business analyst consultant you may also setup shop virtually and work remotely for clients that need your services because working remotely or telecommuting is feasible because of the tools for communicating or interacting with a geographically dispersed team are available and affordable!
However, you will need a more sophisticated marketing plan so you can discover or engage the types of clients that will be needing your out-sourced business analysis services.
Become A Freelance Web Business Analyst
You may capitalize on the opportunities created by the strong demand for web skills by becoming a freelance web business analyst!
As a freelance web business analyst, your services may include helping companies align their web investments with their business goals using your superior business analysis skills.
As a freelance web business analyst, you may decide to help companies analyze how customers use or interact with their websites or help elicit business requirements for their web projects.
If you have developed strong quantitative or analytical skills, you may also help business leaders take advantage of hidden opportunities in their clickstream, search, survey or web usability data.
The alternative career paths listed above are just a tip of the iceberg … there are more!
If you need help with eliciting alternative career paths or preparing a competitive service for the market place, feel fee to contact us.
Alternate Career Paths for Business Analysts
Yes, it is possible to create your own employment as a business analyst and now is a good time to consider how all the changes taking place in the marketplace will affect you positively / negatively.
Begin by using SWOT Analysis to discover what you are good at and then create a competitive offering for your business analyst marketplace!
This post answers a question posted by a reader on “how to become a freelance business analyst and is also “Part 2 of a series on Non-Traditional Careers / Employment for IT Professionals“!
If you have any Question about your career, Submit IT as a comment on this page and I will be sure to answer it for you!