What Is an Analysis? [ Importance, Tips ]

Writing reports, memos, and research all require an analysis. As long as there are data involved, especially when a strategy is needed, analyzing is one of the many steps to take to come up of a solution. Just like in critical analysis examples, it would present you an evaluative and an in-depth critique.

Business analysis is not uncommon. There is an assurance that whatever your position in the organization is, you are most likely to create a report that would surely include an analysis. While most report sections are suggested to be written in a brief and concise manner, analysis, on the other hand, should contain an elaborate explanation.

What Is the Importance of Analysis?

Analysis is a process you make wherein you break down a general idea into a more specific and conduct an in-depth study of each to gain a better understanding. To do this, analysis templates offer guide questions that you should be able to find answers to in order to be knowledgeable on the subject matter. Analysis is important in making strategic decisions, breaking down macro data into micro information, in constructing a comprehensive and unbiased conclusion, and it helps to avoid missing problems or issues that are not noticeable if you only base on the general idea or problem.

How to Create an Analysis Report

• Introduction. This should contain an introduction of the program or organization, an evaluative question and purpose of evaluation.
• Methods or Data Collection. Describe the selected methods including a detailed description on how the data were collected, who are the people involved, and what are the approaches used. Write here the relationship between the questions and the data collected. In addition to this, the analysis examples include an explanation why such methods were chosen, and the challenges encountered in gathering these data.
• Evaluation Findings. Write the summaries of the result, of the collected and analyzed data.
• Conclusion. Write final analysis of the overall data.

Tips for Writing an Analysis

These helpful tips are important in writing an analysis whether you are writing a vendor analysis, sales analysis, or other sorts of analysis:

• Develop an analysis plan before you analyze data.
• Follow a the report writing outline provided by the organization, if applicable.
• Avoid using to much jargon.
• Define some key terms.
• Draft your analysis report.
• Determine the most important findings or information from your data.
• When presenting an analysis, do it in an organized and simple way to allow easy understanding.
• Use headers and subsections to help distribute your contents and to allow easier navigation on your data.
• Have consistency with the language and terminologies you are using.
• Do not include response rates when writing your methodology.
• Include labels and titles for the tables and graphs.
• Avoid reporting both the numbers and percentages of the data, unless the other is needed for clarification.
• Avoid introducing new topics. Focus on your objectives and subject matter.
• Do not include not clearly defined steps from your findings.
• Evaluation should be written in past tense.
• Revise your analysis if necessary.