The lead business analyst uses analytic techniques to develop solutions for organizational issues. These analysts identifies metrics that can be used to measure departments' or projects' status and performance. There are a wide range of business issues that the lead business analyst may track. For example, they may ensure an office is within its budget. They may also take expense reports and perform variance analyses to determine if spending is within allowable variations of the budget; if the office is not on track to stay within budget, then the lead analyst will make recommendations on course correction.
These professionals lead a team of analysts in gathering relevant data and performing in-depth statistical analyses for a variety of areas in their company. If these analyses demonstrate an area in question is performing at an acceptable level, satisfactory performance is noted in a report by the lead business analyst. However, if a problem is found, the lead business analyst initiates a troubleshooting process. The lead business analyst prepares a report detailing the problem with supporting evidence for managers and other relevant staff. They use data and their team's experience to recommend a solution or solutions to address the problem. If leaders accept the recommendation(s), the lead business analyst may oversee the implementation of the solution. Additionally, they may identify metrics to measure the solution's effectiveness and track progress over time.
Educational requirements for this position typically include at least a bachelor's degree in a relevant field. Previous experience as a business analyst may be required, as well as previous experience in a managerial role.
Lead Business Analyst Tasks
- Interview clients, present designs and manage communication and expectations.
- Write recommendations and reports to inform decision making and data collection.
- Document user needs, design decisions and specifications for new and ongoing projects.
- Coordinate user groups and business experts to collect and communicate relevant data.