What is one core competency a business analyst should possess according to BABOK?

A core competency that a business analyst should possess, according to the BABOK, is analytical thinking and problem solving. This competency is vital for a business analyst as it allows them to identify and analyze complex business problems, assess potential solutions, and make informed recommendations based on data and evidence. Analytical thinking involves breaking down information into smaller parts, evaluating relationships and patterns, and synthesizing findings to draw logical conclusions.

This competency enables business analysts to approach problems methodically, ensuring that they understand the underlying causes rather than just addressing symptoms. By leveraging analytical thinking, a business analyst can facilitate stakeholder discussions, prioritize requirements, and contribute to more effective decision-making processes. In this way, the role of the business analyst becomes instrumental in bridging the gap between business needs and technical solutions, ultimately driving organizational success.