Do you wish to stay ahead in competing business organizations? Rest assured that business organizations have become relatively important for any business entity to implement new strategies for pushing up the overall productivity status.
It would not be wrong to suggest that improving business productivity should not be deemed easy. It would be a complete process inclusive of a series of various activities inclusive of exploring new markets, business unit consolidation, requisite service deployment, launching various new products, and several kinds of actions suitable to meet the company needs. However, if done in the right way, such services could assist in better infrastructure management and re-establishing technology deployment in the best possible way.
What do most Companies Lack?
A majority of companies would lack the ability to fill the gap between planning a strategy and providing actionable results. It would pose various types of issues in future concerning the productivity. Rest assured that business architecture solutions would pave a new way for various companies to fill in the gap along with facilitating a few suitable ways to use cross-functionality, introducing, and embedding the latest strategies suitable to meet the specific business needs.
Importance of Business Architecture to an Enterprise
Presently, several companies would consider should they undertake a suitable business architecture initiative or not. Most strategies would revolve around research and service firms paying heed to the importance of linking the business architecture to the best strategy. They would also integrate the business architecture with the supportive IT architectures in the framework.
These kinds of firms would frequently report on the increasing value of the business architecture to various successful companies along with providing sound reasons to undertake the initiative. However, it might not be beneficial to the company. As a result, business architecture has been of immense importance to the company.
Reasons to Build Business Architecture for an Enterprise
When it comes to determining various reasons for building business architecture for an enterprise, consider the following aspects.
• To Bring in an Extended Enterprise Environment
It would not be wrong to suggest that the extended enterprise environment would entail partners, suppliers, vendors, customers, and more. Most would consider characterizing the atmosphere as a business web, which is the latest form of business brought forth by the information age.
• The Business Architecture used for Improving Performance
It would be worth mentioning here that the business architecture has been the blueprint of the company specifically built for architectural disciplines. It would help improve the performance of the company. It could be defined in four dimensions –
– A vertical functional organization
– A cross-functional organization
– A business web
– The time to market
These aspects would help beat the competition with the latest products and services. It would be pertinent to mention here that the synergy of the aforementioned four dimensions of the business architecture would help bring the extended enterprise environment in the leadership sphere of the company.
• Provides a Customer-Centric View of the Company
The business architecture would focus on various aspects vital to the overall success of the company and the customers. It would also help with generating revenue from the source. It would be worth mentioning here that business architecture considers the enterprise as an integrated entity for systems thinking. It would enable in aligning the vital initiatives to the strategy of the corporate along with the suitable metrics and expectations for succeeding in the competition. A suitable strategy would provide the capability of achieving desired results.
How to get Business Architecture Approved
When it comes to building and implementing business architecture, rest assured it would be a demanding task. It requires the best corporate leadership, various companies collaborating, and designers with unique visions. Valueblue does not consider business architecture as a project-type initiative with a predicted date for starting or stopping the project and having a fixed budget. They consider it as a way of life and the new corporate behavior.
How is the Business Architecture Cost-effective for Your Enterprise?
You may not be able to put such benefits in numbers. However, most executives would dismiss several reasons for their inability to capture them in a spreadsheet. They might also ignore the reasons that they feel nearly right for the enterprise.
Despite several enterprises undertaking various initiatives, as they find them compelling, they might not support the initiatives. The reason for doing it is their feeling of believing it to be the right thing to do. It is not due to the other competing organizations undertaking it and gaining success. The greatest initiative in the history of any company has been based on intuition rather than on numbers found in the analysis of cost benefits.
To Sum It Up
The business architecture would enable the startup companies to make the most of their foothold in the market, which the established companies may not realize. Consequently, these startups have become the big enterprises of the present times. They are successful and influence the market with their economy.
