Iterative Approach: Agile methodologies promote an iterative approach to business analysis, allowing for incremental development and continuous improvement. Business analysts break down complex projects into smaller, manageable increments, enabling faster feedback and adaptation to changing requirements. 

Stakeholder Identification: Actors play a vital role in business analysis as they are the individuals, groups, or entities directly involved or affected by a business process or system. Business analysts identify and analyze actors to understand their roles, responsibilities, and influence within the organization. 

Vision and Goals: Business analysts play a crucial role in envisioning the future state of an organization. They work with stakeholders to define a clear vision and set strategic goals for the organization, aligning them with market trends and customer expectations. 

Assessment of Existing Processes: Business analysts analyze and evaluate the current state of an organization's processes, workflows, and operations. This assessment helps identify inefficiencies, bottlenecks, and areas for improvement. 

Change Management: Change is a fundamental aspect of business analysis. Business analysts are responsible for managing and facilitating change within an organization. They assess the impact of proposed changes, analyze stakeholders' readiness, and develop strategies to ensure a smooth transition. 

Requirement Identification: Needs form the foundation of business analysis. Business analysts work closely with stakeholders to identify and understand their needs, which serve as the basis for developing effective solutions. By recognizing the underlying needs, analysts can align their efforts with the desired outcomes. 

Requirement Elicitation: Customers are key stakeholders in the business analysis process as they provide valuable insights into their needs, preferences, and expectations. Business analysts engage with customers to elicit requirements, understand their pain points, and capture their vision for the product or service.