So now let me talk from the perspective of business analysis because I believe most of the folks are here from the business analysis background because that’s the reason you are following TechAn’s LinkedIn page. With that context, I will start with how business analysts can effectively use ChatGPT. You cannot simply play with ChatGPT by asking generic questions. The way you write those prompts has to be very effective, detailed, concise, and clear.
When you work as a business analyst, you will be inclined to a domain. For instance, if you’re working in the banking sector, you will be an expert in one particular product but may have zero knowledge about other products. In that case, you can consider ChatGPT as your peer, as a senior BA, and try to extract information from it.
To effectively use ChatGPT, you need to focus on how to write a clear prompt. I have made that easier for you by creating some prompts. When you work as a business analyst, you will be inclined to a domain. Let’s say you’re working in the banking domain. You can act as a senior business analyst expert in the banking domain and retrieve specific information using ChatGPT.
Now, let’s talk about creating a mobile app for credit card application. As a senior business analyst, you need to retrieve relevant information about the competitors in this space, their value proposition, and their weaknesses. Please put the data in a table format.
Next, I want to know the total addressable market for this app idea. How many people in India have credit cards? What is the market segment? Please provide the data in a table format.
By following these steps, you can effectively gather information and insights for your business analysis and product management tasks.