5 Challenges of a Business Intelligence Analyst
As a Business Intelligence Analyst, your role is to transform data into meaningful insights that drive business decisions – easy enough, right? While it may seem like an exciting and rewarding career, I've encountered a few challenges with the job. Let's explore some of the difficulties that Business Intelligence Analysts face.
1. Dealing with large amounts of data
One of the biggest challenges of a Business Intelligence Analyst is dealing with large amounts of data. The sheer volume of data can be overwhelming and make it challenging to identify the most relevant information. Analysts need the skills and tools to extract, transform, and load data from various sources and the ability to clean and process it for analysis.
2. Ensuring data accuracy and quality
Another challenge is ensuring the accuracy and quality of the data. Analysts must be vigilant and check for errors, inconsistencies, and outliers that could affect the analysis. They also need to have a deep understanding of the data sources and systems they're working with and the data governance policies and procedures in place. If you only have poor or outdated data, you can only produce bad results – the quality of the source is everything.
3. Communicating complex data insights to non-technical stakeholders
A Business Intelligence Analyst needs to be able to communicate complex data insights to non-technical stakeholders effectively. This can be challenging because technical jargon and complex analysis confuse those without a background in data analysis. Analysts must be able to translate their findings into language that is easy to understand and relevant to the business.
This soft skill takes practice, time, and constant evaluation. While effective communication might seem to come naturally to some, it is most often those who put in the work that speaks the clearest in the group. I recommend adding Mastering Communication at Work: How to Lead, Manage, and Influence by Becker & Wortmann to your bookshelf – this book gave me the skills to take my career to the next level in both describing complex information and being a leader.
4. Staying up-to-date with new technologies and trends
The field of Business Intelligence is constantly evolving, with new technologies and trends emerging all the time. Analysts must stay up-to-date with these developments to remain competitive and provide the best possible insights to their organizations. This requires a commitment to continuous learning and professional development. Build a network of professionals in your field or common business interest; leverage your connections by sharing new trends to get ahead of the game.
5. Balancing competing priorities and deadlines
Finally, Business Intelligence analysts often have to balance competing priorities and deadlines. They need to be able to prioritize tasks and manage their time effectively to meet the needs of the business. This can be challenging when working with multiple stakeholders who may have different needs and expectations. It's crucial to consistently communicate with your production team and know how much work they can complete in a sprint. It may take a few sprints to see the team's velocity, but once this is understood, you'll never miss a deadline again.
While a career in Business Intelligence can be rewarding, several challenges come with the job. Dealing with large amounts of data, ensuring data accuracy and quality, communicating insights effectively, staying up-to-date with new technologies, and managing competing priorities are some of the difficulties faced by business intelligence analysts. However, with the right skills, tools, and mindset, these challenges can be overcome, and analysts can help drive their organizations' success.