Summary
A business strategy identifies target markets and the value proposition that will win in those markets. To implement the business strategy, the enterprise requires particular operational capabilities; for example, a high tech company pursuing a low-cost strategy may need the ability to build entirely to order and limit inventory risk. The most successful companies will craft their business strategies with full regard for any gaps or misalignments between current and required enterprise capabilities—including, of course, its technology capabilities.
The building blocks of the BTM Standard work together as a management system to clarify required enterprise business needs. BTM fulfills these needs through the application of 17 BTM capabilities that are grouped into the functional areas of governance and organization, managing technology investments, strategy and planning, and strategic enterprise architecture.
These capabilities are defined and created by four critical dimensions—processes, organization, information and technology. The BTM Maturity Model is used to identify areas most in need of improvement, to fix the starting point for the enterprise, to specify the path for change, and to measure progress. As a result, technology is governed in consonance with business requirements, with very measurable benefits.
Smart enterprises today are rightfully pursuing alignment of technology with the business, and that in itself is no small achievement. But for some, the right level is really synchronization, where technology shapes (not just enables) strategic choices. And at the highest level of achievement, business and technology leadership actually converges, reflecting an executive and management team that has achieved an extraordinary level of cross-understanding and vision for the future.
The BTM standard supports enterprises at all three levels. Assembling the components of business technology management yields unprecedented capacity and opportunity for success in a marketplace where competitive advantage is increasingly defined through technology.
BTM is a major part of a business-agile enterprise and forms the core of the business-agile enterprise framework.
Ms. H's class gives this source a 3 out of 10 on the Credibility Scale. It needs some work.
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