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Blog posts tagged in Strategy
It's interesting to see that "Business Architecture" is getting recognized as a critical element for enterprise survival, as well as growth. Unfortunately, hardly 10% of the Business Strategies are getting translated into operation (of that, what percentage is efficient...is anyone's guess?). Before we discuss in detail, let me share a short definition of Business Architecture. The Business Architecture is the basis of defining and managing a business entity. It helps in defining the functional structure of an enterprise in terms of its business services, business information, business timing cycles, business locations and business stakeholders for achieving business goals. Business Architecture models...
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In my earlier days, I was amazed to see the number of management and strategy frameworks. Even today, it's surprising to find that strategy models continue to be one of the least formal.  Very often available in installments of excel and PPT files, to be used at your own risk. In fact, there is NO version control or baseline for the strategy models. Try asking a Sales  Director to share sales strategies deployed by company 2 years prior to his joining when the revenue was at peak? If you are lucky, you might get a one page note in some magazine...
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One of the popular myth that is doing the round i.e. “Enterprise Architecture is a discipline aimed at creating models.” Unfortunately, most of the Enterprise Architecture practitioners and several branded consulting organizations are caught in this trap. The situation has worsened as several architects & business process experts are building “composite models” and calling it “architecture” model. This ignorance has serious ramification, as several Enterprises are making considerable investments in this area without significant gain.The situation has worsened as several professionals who are claiming to be Enterprise Architects have come from the IT background and their core skill continue to be...
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Business Process Management (BPM) is about managing everything that is done in an organisation to provide successful customer outcomes (hence it is a customer-centric effort). You need a plan, which includes a description from the organisation regarding how it will roll out and upkeep the Business Process Management (BPM) initiative, select processes for development and train people to lead the actual implementation. All this requires professional, leadership and communication skills. Janne Ohtonen has published a new book called “You Think You Are Doing Well? Become a Winner With Customer-Centric Process Leadership!” which is aimed to help you to grow those skills...
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Some business process leaders are doing much better in changing their work practices compared to others. What do well-performing leaders know about adapting their organisation’s processes swiftly and adequately, that others don’t? And how well you are doing well as a process leader? New book from Janne Ohtonen, takes inspiration from the Greek phrase “panta rhei” (or “everything flows”) once spoken by philosopher Heraclitus, indicating that everything is susceptible to change. This still holds true, 2500 years after these words were first spoken. Organizations are changing constantly, under pressure of market demand, competitive forces, technological inventions and new legislation. This demands...
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Ever wondered why CEOs and Business Heads often struggle to articulate a clear strategy and future plans for their business that they purportedly know so well? Why are their forecasts and predictions so conditional that many of them set themselves up for failure? As IT Specialists and Architects, how much do we understand our clients (CXOs) and their uncertain landscapes? Have we ever crossed this ‘chasm’ so we know our own ‘Enterprise’, before we ‘Architect’ them? Business strategies are, by their very nature, future based, thus business plans are built on some future assumptions on markets, customers, people, capabilities etc. A...
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For creating and sustaining a successful growth, companies often need to transform themselves using a disruptive innovation that challenges their status quo. In his international bestseller The Innovator's Dilemma, Clayton M. Christensen exposed this crushing paradox behind the failure of many industry leaders, who by placing too much focus on pleasing their most profitable customers, actually paved the way for their own demise by ignoring the disruptive technologies that aggressively evolved to displace them. Innovation and Change are major issues for any CEO, especially those that manage large corporations, who need to fight the status quo (their own success), given the...
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 A well-executed – business-driven – information analysis ensures that many potential decision problems are already on the ‘agenda’ and that information and goals demonstrate coherence. The indicators that are crucial for the realisation of our strategy, for accomplishing our goals and for achieving our mission, are placed on the dashboard or in the reports. Interactive analysis powered by OLAP – playfully analysing enterprise data – allows us to identify additional indicators and key success factors. However, if the information needs are not sufficiently mapped, we can ‘play’ and analyse until we drop and not come across a key success factor or...
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Change strategies are not a new discussion topic, but still they keep people talking about what are the most effective change strategies available and how are they best deployed.  Thurley and Wirdenius identified some key advantages and disadvantages of change management already in 1973, which was summarized by Lockitt and 3T Productions Ltd. (2004) as follows: Directive change strategy. This strategy highlights the manager’s right to manage change and the use of authority to impose change with little or no involvement of other people. This approach may lead to valuable information and ideas being missed and there is usually strong resentment...
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iCMG Award 24 Winners for Global Excellence in Enterprise & IT Architecture. 22 companies around the world walked home with Global Awards for Architecture Excellence amidst enough fanfare at the Architecture Excellence Awards 2011 organized by iCMG.
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