Many companies may be in business for many years but have not matured in their management disciplines.
The operating ratio (complexity, maintenance vs. new development, sustainability, etc.) There is never "enough" to optimize operations and fine-tuning differentiated business capabilities. Complexity has increased exponentially and has become part of the digital new normal. The complexity can be good or bad for businesses depending on your strategy and capability. There is needed complexity and unwanted complexity. Enterprise architecture is a practical tool to increase visibility and transparency of the legacy environment through understanding every island of operation and every workflow process, eliminating something which is not used and saving effort on maintaining it. It is through this comprehensive understanding and continuous optimization, business management is able to improve performance and productivity.
Enterprise architecture is also a good tool to management complexity, optimize varying business costs such as operational cost, financials, technical debt - a calculation of the cost to fix structural quality problems, vendor cost, information management cost, or people cost, etc, and improve the overall business sustainability -minimizing the usage of non-renewable resources, optimizing resource usage, cutting emission and recycling waste, reducing energy use & waste & emissions in operations. By applying EA as a useful tool, sustainability is embedded into key business processes, and the business makes decisions with an integrated view that blends financial, environmental, and social performance. The goal is to improve the financial health of the company.
Time to market (business partnership, requirements elicitation, testing and operating platform efficiencies, etc.) Running a real-time digital organization starts with providing real-time information expedite delivery quality solutions to conquer dynamic digital management challenges. In many global or multinational organizations, the challenges of stakeholder involvement are real for business initiatives. The manager should never lose sight of all requirements and relationships, and to make sure those requirements whose improvement has the most benefit to the business. It is up to leaders to interpret and leverage the stakeholders’ expectations and come up with an expectation that you believe is suitable for your role. By leveraging enterprise architecture as an effective tool to focus on communication, transparency, and acts of integrity on the part of management in creating organizational synergy, the management can make a formal business requirement initiatives checklist such as enterprise mission and stakeholder needs analysis, enterprise system requirement development and management.
Enterprise architecture is an effective communication tool and feedback mechanism for improving organizational responsiveness, business requirements are gathered and managed and discussed with executives and teams, focusing on those requirements whose improvement has the most benefit to the business. People across the organizational hierarchy can make invaluable contributions at whatever level in the formal hierarchy they happen to be placed, with greater abilities to create shareholders’ engagement for achieving desired business outcomes, such as customer satisfaction, employee engagement, business partnership, operating platform efficiencies, financial health, and shareholder delight, etc.
Raise visibility and awareness of organizational maturity: The purpose of running a transparent organization is to bridge the gap between different functions, link lower level metrics with strategic goals, harness cross-functional communication & collaboration, improve organizational performance and maturity. There is a consensus that governance must influence the level of performance of all the members of the company. It’s important to assess how effectively enterprise architecture can be used as a governance enabler to raise visibility and awareness for many things that are captured at the different levels of the organization.
The value of Enterprise Architecture is a combination of a long-term perspective with some quick wins. It’s an effective tool to evaluate how mature the governance should be handled and prioritized in such a manner that they're inherent in the way without negatively impacting the working flexibility. It helps the business management Look for the linkage between operation management and governance rather than compliance, corruption, and tough issues, as well as understand where their competitors are getting negative sentiment, to improve the quality of performance through governance improvement.
Many companies may be in business for many years but have not matured in their management disciplines. Surviving and thriving in today’s business dynamic requires business to apply effective enterprise architecture tools to enforce cross-functional communication and collaboration, reduce business friction and deal with conflicts or disruptions that arise, trace its performance on optimizing business performance and maturity to shape a people-centric organization from functioning to delight.
0 comments:
Post a Comment