The more business rules a company has, the more structure and consistency the company has. Yet too many rules can bog down a company. So how many business rules does a company really need?
There are many things that can stall a business but the real question is how can a company successfully anticipate and recover from a business disaster?
When Google’s $6 billion purchase offer was rejected by the online coupon leader, Groupon, last year, Google decided it will try to beat them at their own game. Groupon was a small start-up with limited resources so how hard can it be for the online technology and search engine giant to overtake them?
In the 1980’s, Japan created policies (aka business rules) and procedures for high-rise building construction. Then tragedy struck. These buildings’ flexible framework swayed but remained standing during one of the largest earthquake in over a century. The business decisions that drove the engineering design saved many lives. Investing in business architecture and infrastructure should not be a lesson learned the hard way.
Many companies decide to change its company name, products, logo or other branding items for a variety of strategic reasons. Often times, the new name could reflect the company’s updated mission or vision of the future. In the end, a brand name change provides a company with a business opportunity for a new marketing campaign.
All too often a company thinks it can change its public image with a company or product brand name change. Will changing its name actually change its public perception?
Many business owners attempt to architect their company based on current knowledge and expectations. While this approach may address some of the business needs today, but what about the needs of tomorrow? Few businesses plan to close its doors after a short term run. Most companies want to grow by leaps and bounds but very few companies have architected their business framework to be in a position for growth or to withstand challenges.
Some business leaders may come up with some brilliant ideas but often times, they lack the ability to successfully implement those ideas. Business Architects see the whole picture from the mile-high view down to the minute details. They know how all the pieces of the company fit together. They understand the relationships and expectations across the organization.