While core competencies represent the skill sets that makes someone as a qualified business analyst, the peripheral competencies that represent the skill sets that enable a business analyst to perform the core competencies in an effective manner. In a way, a business analyst with good knowledge in core competencies, but without expertise in peripheral competencies or vice versa will make him or her less effective in performing business analysis.
A business analyst who has a good knowledge about the core competencies (business analysis activities and techniques), but is not skillful in verbal communication may not be able to interact with the stakeholders and convey his ideas. In other words, he will be handicapped by his lack of communication skills even though he possesses a great command over the core competencies.
On the other hand, a business analyst who is exceptional in the peripheral competencies, but not having the adequate knowledge in core competencies will suffer from not knowing what to do.
In a way, the three components of business analysis schema such as domain, core competencies and peripheral competencies can be compared to that of a three-legged seat. A weakness in any one of the leg will make the seat unstable.
FIBAAR recommends 75 peripheral competencies to be successful in business analysis. Do get overwhelmed by the long list, you will gain a mastery on these over years of experience. But at the same time, you need to recognize them and conscious about it to cultivate the competency in you.
1. Ability to comprehend2. Accountability
3. Appreciation of culture
4. Articulation skills
5. Attention to detail
6. Business analysis applications or software
7. Business analysis standards
8. Business strategy
9. Business trends
10. Business writing skills
11. Category formation
12. Communication tools
13. Conceptual thinking
14. Conflict management
15. Continuous learning
16. Creative thinking
17. Critical thinking
18. Data analysis
19. Decision making
20. Documentation & recording skills
21. Domain knowledge
22. Emotional intelligence
23. Empathy
24. Ethics
25. Financial acumen
26. Flexibility
27. General studies
28. Industry knowledge
29. Influencing skills
30. Interaction skills
31. Investigation skills
32. Managing complexity
33. Modelling acumen
34. Multitasking
35. Negotiation skills
36. Networking skills
37. Observation skills
38. Office productivity tools
39. Organization knowledge
40. Organizing skills
41. Pattern recognition
42. PDLC and PLC
43. Positive attitude
44. Presentation skills
45. Principles of design
46. Problem solving
47. Process centric approach
48. Process improvement methodologies
49. Process mapping skills
50. Project management skills
51. Prototyping
52. Public speaking
53. Quantitative skills
54. Questioning skills
55. Reasoning skills
56. Regulatory framework
57. Research methodology
58. Retention skills
59. Risk management
60. Solution knowledge
61. Stakeholder management
62. Storytelling
63. Systems thinking
64. Teaching skills
65. Team-working
66. Time management
67. Trustworthiness
68. Uncertainty tolerance
69. User experience design
70. Verbal communication
71. Visual thinking
72. Written communication
73. Humility
74. Language Skills
75. Design Thinking
Fhyzics Business Consultants, an Approved Training Provider of BCS, UK offering Business Analysis, Artificial Intelligence, Business Consulting and User Experience certifications of BCS, The Chartered Institute for IT, UK. All the certifications come with Training, Preparation Material and Examination. The trainings are available in both classroom and online formats. For more details, please visit our website at www.iiscm.org or email us at cs@fhyzics.net or speak to us at +91-900-304-9000.
