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Blog posts tagged in Funding
A hidden source of expensive waste in most organizations can be found in the process for seeking funding for projects. I’ll bet you are thinking, “Seriously?” to yourself right now. That’s the problem. No one really thinks about this process as a costly waste of scarce resources in an organization. And worse yet, very few organizations see the link between good business architecture and eliminating this wasteful loss. In the next several blog posts we’ll bring to light the cost of poorly constructed funding request processes that start well before the presentations are ever given before the approving body. More importantly...
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Getting funding for that project that is near and dear to your heart is generally the least favorite activity of almost all of my clients. You’ve done your research and know in your heart it is the right thing to do and will bring the needed results to your company. But what I hear from my clients is that convincing others, especially those that may not have the passion for technology that you do, can be something like making a trip to the dentist: necessary, but painful. But it doesn’t have to be that way. The truth is that while each...
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Concerned about getting the funding you need to move an important project ahead? Not sure if you’ll succeed? Read on and discover how the Zachman Framework can help you in ways you may not have considered before. I consider the Zachman Framework an essential tool for building a wining business case and getting the funding you need. It offers at least three ways to build a better business case and increase the probability you’ll get the nod to proceed: It helps you “connect the dots” It clearly identifies the impacts of implementation It helps reduce risk of failure The rest of...
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One of the most common complaints I hear from my clients is the frustration they feel after putting so much time and effort into creating a wonderful solution for the business only to have their request for funding turned down. Not only is this disheartening to them but it puts a damper on their EA team as well. The question they ask is, "What can't I seem to get good projects funded?" While my clients vary widely in size, geography, and temperment, the answer is surprisingly the same: They have failed to build a compelling business case. And in most cases...
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