Ethics And Business Analysis

1252 words - 5 pages

Young, driven employees at large businesses always risk getting caught up in the “rat race.” Too often, this causes promising men and women to lose sight of their goals and replace them with hopes of raises, bonuses, and promotions. Money or power can easily become the ultimate symbol of success. Unfortunately, money and power do not care about morality, principles, or ethical codes. In fact, some may argue that those with the most questionable moral codes are also some of the most successful members of the business community. Whether or not this is accurate, it is a dangerous perception that can cloud the judgement of ambitious young professionals looking to quickly move up the ranks of a business hierarchy.
The business analyst must be immune to these factors that can influence the average businessman. It is essential that he or she stands by a moral code in the face of temptation. As someone who is looked upon as a communicator, mediator, and problem solver, a successful business analyst must work for the greater good of the company. This is the essence of a good business analyst’s moral code—always thinking what will be in the best interest of my client? How can I best meet their request in the short and the long run? The market should be able to select for analysts who adhere to this code. Businesses will recommend their services to others in need.
The business analyst’s role requires a consistent ethical standard of conduct in a way that other positions do not. Individuals and companies come to a business analyst for guidance and for advice. This puts the business analyst in a unique position of power. It is their responsibility to present the best work possible for the good of the company. A mediocre report could have huge implications. For example, recommending a software overhaul that will not make a huge difference could be a major waste of money for a company. They may have to fire employees, lose some power in the marketplace, or find another way to cut costs as a result of this wasted money. The business analyst must therefore always present honest, thorough work to a company. The implications of an unimpressive report could be massive.
Additionally, the business analyst’s role as a communicator requires a trustworthy, responsible individual. Nobody will want to work with an analyst who is not honest with his or her clients. This will lead to a sub-par product, a damaged relationship, and a bad reputation in the industry. A high level of communication requires the analyst to set their own personal opinion aside in favor of the organization’s goals. There is no room for trivial disagreements or petty politics in the business analyst’s world. Instead, he or she must always be responsible to the greater goals of a business. Furthermore, the business analyst should be able to be trusted to follow through on their promises.
It is in the business analyst’s own best interest to adhere to a set of moral guidelines. This will help create a...

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