Are You Competent Enough To Survive In Your Job?

As per the study result by McKinsey & Company, Indian IT will face major turbulence. 

The article in Business Standards mentions the quote from Head Hunters India Founder-Chairman and MD K Lakshmikanth told PTI, analysing a report submitted by McKinsey & Company at the Nasscom India Leadership Forum on February 17.  "Contrary to media reports of 56,000 IT professionals to lose jobs this year, the actual job cuts will be between 1.75 lakh and 2 lakh per year in next three years, due to under- preparedness in adapting to newer technologies," 

McKinsey & Company report had said nearly half of the workforce in the IT services firms will be "irrelevant" over the next 3-4 years.


McKinsey India Managing Director Noshir Kaka had also said the bigger challenge ahead for the industry will be to retrain 50-60 per cent of the workforce as there will be a significant shift in technologies. The industry employs 3.9 million people and the majority of them have to be retrained. 

The article mentions that IT job cuts are estimated up to 600,000 engineers likely to be laid off in next 3 years.

(http://www.business-standard.com/article/companies/it-sector-to-layoff-up-to-2-lakh-engineers-annually-for-next-3-years-117051400487_1.html )


In addition, The Economic Times quotes India-born former McKinsey head Rajat Gupta, "The Indian IT industry "rightly" should be in "panic" mode as it has not kept pace with the fast-changing innovation"


He said industries today "have to constantly move with innovation" as basic IT work gets automated and advanced innovations such as artificial intelligence, virtual reality and cloud computing overtake the technological world.  


"Code writing and testing is the most inefficient industry that existed," he said at a panel discussion here yesterday organised by the New York Tri-State chapter of Pratham USA, one of the largest non-governmental organisations.  
(http://economictimes.indiatimes.com/articleshow/58729949.cms?)

If you are not trained or skilled or certified for future role, you will be the first one to face the axe. You must do more than it is required in the current job. 
Get trained!
Get skilled! 
Get Certified, 
Today!!!

Considering these news and projected change...it is obvious that having job or getting new job is not enough in such turbulence as you need additional resources, additional preparations (knowledge and skill) and backup measures to sail through this…This can happen to anyone in any country as job market, industry or company policies changes and we will not know when our role becomes redundant.

What is the difference between Business Requirement and Functional Requirement?

BR (Business Requirement) or BRD (Business Requirement Document):
These are high level business requirements and high level use cases. They are directly associated with business goal. The document consist of business and stakeholder requirement / needs.
After the elicitation session, confirmation and agreement, this BR are approved.

Prepared by Business side Business Analyst.
Ex:

• Business goal: To provide online fund transfer facility to the exiting customer.
• Stakeholder Goal: How it should be done?
• Customer will specify their needs/preference +
• Operations - will specify the process
• Auditor - will verify if it is in-line with internal quality standards
• Compliance - will validate if it fulfills regulatory needs
• Design: Proces diagram + high level use cases

FR (Functional Requirement) or FRD (Functional Requirement Document) or SRS (System Requirement Specifications):
These are detailed system (or solution) requirement. These are also mentioned as capacity and condition or functional and non-functional requirements. In addition, it will have technical constraints, and data requirements in the form of input and output.

This is typically prepared by IT-side BA

Example: Consider above example, the Functional requirements will further specified in terms of
what system will do to fulfill this business requirement.

• To provide drop down menu to select beneficiary
• To provide Input box to provide for the customer to enter the transfer amount..
• Data: input and output data
• Use Cases: Detailed level

In addtion, it will have background color, size of the input box, capacity of system to handle number concurrent transfers or customers. and security feature.

How to fill out CCBA/CBAP application form?

Here is a detailed guideline to help you when filling out the Certificate of Competency in Business Analysis™ (CCBA®) or the Certified Business Analysis Professional™(CBAP®) application forms.

The application process through the International Institute of Business Analysis® (IIBA) is detailed and may be cumbersome for new entrants. This detailed guideline will give you some tips and advice on how to prepare and complete the application form.

First, you must read through all of the information and directions before starting to fill out the form. Knowing what is needed from you and is required to answer the questions will save you time and frustration later. The IIBA provides a handbook for your review so you will be aware of what’s expected of you during the application process.

Begin your online application and please note:

1. Fully complete all of your personal and professional information. List all of your projects (start date, end date, your role, etc...) in great detail. You can do this first in a Microsoft Excel worksheet so it is all easily at hand for you while you’re filling out your application.

2. Have solid, reliable, and positive references for yourself. Get their permission prior to filling out the application and advise them of your IIBA ® paperwork.

3. Be familiar with your knowledge areas and work experience by reviewing the Business Analysis Body of Knowledge (BABOK®) on the IIBA website. (http://www.iiba.org/BABOK-Guide.aspx). In the event that you are short some hours or particular experience, you can wait until another time when you are eligible as the application fee ($125 USD) is quite high and you want to make the process count.

4. You must ensure that you provide correct information and be careful in calculating the hours for your work experience. Important points are:

a. You may not always be doing Business Analysis (BA) work or the 6 knowledge areas, so verify the actual number of hours you spend on BA-related work.

b. Do not count administrative work or any work you have done that is not part of the 6 knowledge areas.

c. It doesn’t matter how many projects you add as long as they are correct and provide experience from your professional life and not just the projects that last several years. It is fine to list relatively smaller projects lasting 1-3 months in your project experience.

d. If you are working on multiple projects, do not hesitate to list all of them if you are doing BA-related work

e. Most important, as a BA, your role may be restricted to one or more phases of the project life cycle. For example, you have been part of requirement gathering process, requirement analysis, modeling, or UAT. You can select that specific experience only and leave other parts blank for that project.

If your trainer/institute has provided you with Professional Development Unit (PDU) hours (which are ways of measuring professional training), you can use their reference for validating institutional or certificate-related information. It is better for you to use another professional person to confirm your professional details, preferably your manager/senior who worked closely with you and is aware of your strength and weakness. They must be willing to provide and validate the info now or in future.

5 Now, in Excel, make your worksheets:


a. Worksheet #1 - Organization Details: This sheet details the companies where you have worked.



b. Worksheet #2 – Completed Project Details: This sheet details the specific projects you’ve been involved in, the manager, your responsibilities, and number of hours put in.



c. Worksheet #3 – Personal Details: This sheet details your personal resume and experience (in accordance with the BABOK® information), including your education and other certifications.

Education Details:



d. Certificate (PDU) Details



Finally, you must keep a copy of this information for your future reference for future exams (for example, if you are upgrading from CCBA® to CBAP®) or applications (if you failed in the first attempt.) Please note that some institutes do NOT provide Certificate codes and this information is not required to be provided.

I also encourage everyone to visit following the link to learn more about the exams and understand how the application looks:

For CCBA: http://www.iiba.org/Certification-Recognition/CCBA-Certification.aspx

For CBAP: http://www.iiba.org/Certification-Recognition/CBAP-Designation.aspx

Disclaimer: Please note that I am providing this information as an Individual Professional. I am not an official representative of IIBA. If you have any queries, you may communicate with them directly at certificate@iiba.org.

(IIBA®, CCBA®, CBAP®, EEP® are all registered trademark of the International Institute of Business Analysis, Canada)

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