As architects, we’re in a unique position to leverage an enterprise view to ensure that boardroom-level executives have the data they need to drive business outcomes. This is especially important in the digital age, where executives look at us for data to support strategic transformation data-driven decisions.
Although your organization may have valuable data that could be useful for this, the chances are that it’s not being leveraged (or not leveraged enough). Instead, this data may be residing in silos, unused.
You can support this informed decision-making by using BiZZdesign Horizzon as a central data store that aggregates data from numerous sources and locations. Connecting your organization’s data sources to the interconnected enterprise model will give you a rich, multi-dimensional perspective of your organization from where you can run complex analyses.
I’m providing you with the most critical steps on how to leverage data for data-driven decision-making below. However, if you want to learn more, read our Guide: Use Enterprise Architecture to support boardroom decisions on transformation
The key here is to identify operational spending waste so you can re-allocate budget to your transformation initiatives. Identifying redundancies in the application portfolio is one possible way to do this. You need to know what exactly you’re running, what you are paying for it, and what purpose each asset serves. Do you really need all these content-management systems?
Ask yourself what initiatives you’re currently undertaking, what the expenses are, and what capabilities they’re improving. Align this with the strategic value and differentiating potential of your capabilities. You may be dumping budget in some commodity capability and underfunding what differentiates you from the competition.
If you would like more information on how to use BiZZdesign Horizzon to help you with boardroom decision-making, please watch our webinar or book a demo.
Evaluate what technologies you have and their support status, and track what you’re using them for. Maybe you’re running your most critical business processes on some tech that went out of support two years ago? Yikes!