Everybody is familiar with the SMART abbreviation. It stand for Specific, Measurable, Acceptable, Realistic and Time bounded. But this blog is not about that kind of SMART. In this blog I will discuss how to apply another type of SMART within the context of Enterprise portfolio management.
One of our core values at BiZZdesign is sharing knowledge and best practices. We regularly organize and contribute to online and offline seminars, conferences, and round tables. After a recent presentation entitled “Security is not an IT problem”, which illustrated the often lacking connection between policies and measures within organizations, we decided to have a World Cafe. In this blog post, I will present the findings of one of the debates we had, based around the importance of Information Security. Feel free to check out my last post in this series: From Security Architecture to a Secure Architecture.
Sharing knowledge and good practices is one of our core values at BiZZdesign. We regularly organize and contribute to online and offline seminars, conferences and round table sessions. After one such presentation entitled “Security is not an IT problem”, we organized a World Café to discuss the related topics like security architecture, security controls, and security systems. Please share your good and worst practices by reacting to this blog.
Process models are a powerful means to describe, analyze and communicate processes. However, process models are often outdated and underused. The reasons for this differ. Sometimes it seems that people are unable to read and understand models; people do not know the models are available; or content is unrecognized or outdated. Putting effort into the design and the way you publish your models is key to success in handling these issues. This way, the effect of process models can be optimized! So how can you optimally use your process models? In this blog I present five simple steps that help BPM practitioners to realize this.
Do you recognize the continuous balancing of urgent vs. important matters? I am often confronted with urgent matters that need to be resolved quickly such as an escalation within a project, deadlines and engaging in interactions through meetings, e-mails, phone calls and a dozen other channels. On the other hand, I am also often confronted with important matters that are not urgent such as developing my professional skills and working on relationships. Sound familiar? I bet it does. It is perfectly normal to prioritize between urgent and important matters and everybody does it. Organizations face many similar challenges of which one is ambidexterity.
If we look at current IT-trends it is clear that everybody has heard of Big Data. Although there are some known successes (for example US retailer Target which through its extensive data could predict pregnancy faster than the person involved) many companies spend millions (or even billions) of dollars hoarding big data, without using it properly. Read more
Our ongoing series of blogs about Agile methods offers an in-depth discussion of the method and its impact on an organization. In this blog, we focus on collaboration in agile teams.
Most people think of Scrum when they talk about collaboration within Agile. Scrum has definitely been a major contributing factor that has led to more effective collaboration. Note that we refer to it as just a contributing factor; Scrum has a strong emphasis on the pragmatic aspects, and less on human factors. In this blog, we aim to highlight the connection between both factors within Agile. Read more
Enterprise Portfolio Management (EPM) is the discipline that supports this allocation of investments to various asset categories of the organization, such as capabilities, applications, or infrastructure. EPM helps to create a healthy set of projects and programs that realize strategic goals.
Changing regulations, business strategies and compliancy standards require new business policies to be developed constantly. Consequently, new decisions will be made which need to be managed properly. However managing these new decisions is (of course) not without challenge. The field of decision management has steadily become more popular – first focusing on it being a better way to manage business rules, but lately shifting its focus to predictive analytics.
Enterprise Portfolio Management (EPM) is the discipline that supports the allocation of investments to various asset categories of the organization, such as capabilities, applications, or infrastructure, EPM helps to create a healthy set projects and programs that realizes strategic goals. Read more
Capital allocation, i.e., deciding on investments, is probably the most important responsibility of the top management of any organization. This is no easy matter. Warren Buffett, chairman and CEO of Berkshire Hathaway and probably the most successful investor of the 20th century, described this in his 1987 letter to shareholders: Read more
“Business Process Management is old school; Business Analysis is the new hype”. Huh…? With all terminology and current trends, it is easy to get confused. If you ask five different people to clear things up, you will probably get five different explanations. It is all about definitions. In this blog I will distinguish Business Analysis from Business Process Management. Read more
Imagine you are asked to define business requirements and constraints for a set of business rules as part of the design of a solution. What approach would you use?
Strategy execution remains a challenging task for many organizations. The ‘Digital Enterprise’ requires major business transformations, delivered at speed. Most organizations are in a constant state of change. The ‘unfreeze-change-freeze’ model, reasoning from the current to a desired future state, no longer applies; the current state is always in flux and the future state is a moving target. Read more
As outlined in another blog, architecture-based enterprise portfolio management plays a crucial role in an integrated business transformation approach. Portfolio management is responsible for allocating investments to various asset categories and for creating a healthy project and program portfolio mix that realizes the organizational goals. There should be a balance in, for example, the types of projects (development, research, etc.) and long-term and short-term projects.
Be honest, do you consider yourself a great decision maker? I believe, with a few exceptions, that many people are not able to make optimal decisions. Why you might ask? Well, the answer is quite simple: people don’t have the time to collect and analyze all the available data and information from information systems in your organization, suppliers, customers and other external sources.
Most enterprise architects believe that Enterprise Architecture is a relevant discipline for members of the board. However, CxO’s often aren’t really of the same opinion. We believe that is because they do not usually experience the true value of architecture. What can an architect do to improve this? Below we present seven useful tips.
The other day, while I was musing about the reasons why many large organizations see many of their IT initiatives fail or underachieve, I came up with a rather simple conclusion: ‘project thinking’ is the root cause of these disappointments. Let me explain. Read more
“Many stakeholders consider their organization as unique.” Depending on the level of abstraction you take as viewpoint, you can argue this statement is either right or wrong. It is interesting from an enterprise architecture perspective to understand why stakeholders stress this uniqueness and what are the benefits of understanding where the organization really is different from others. Read more