from business strategies to it execution using business architecture in financial institutions

From Business Strategies

Email: [email protected] number:

(855) 798-2042 (USA & Canada)+1-514-798-2042 (elsewhere)

to IT Execution

Using Business Architecture

in Financial Institutions

Download

banking model

example here:

https://biz-

architect.com/request-

free-trial/

mailto:[email protected]

Benefits of a Business Architecture Practice Based on Expecting Savings

Benchmark Consulting Canada Copyright 2016 – All Rights Reserved

• ROI in Q4 after initiating Business Architecture• IRR: 200-350% per year

• 66% of HR and IT departments develop strategic plans that are not linked to the enterprise strategy.

Sources: the first 2 bullets are derived from The Strategy-to-Execution Process: A Critical Component of Transient Competitive Advantage in the European Business Review on November 7, 2013 and the last bullet is derived from various additional studies made by Towers Watson, Harvard Business Review, and McKinsey & Co.

Today’s Financial Institutions Disconnects

IRIS Business Architect Copyright 2016 – All Rights Reserved

• 95% of employees in most organizations do not understand their organisation’s strategy

• Only 25% to 30% of business transformation initiatives are successful over the long term

http://www.europeanbusinessreview.com/?p=701

http://www.europeanbusinessreview.com/?p=701

http://www.forbes.com/sites/victorlipman/2013/09/04/new-study-explores-why-change-management-fails-and-how-to-perhaps-succeed/

http://hbswk.hbs.edu/item/5170.html

http://www.mckinsey.com/insights/organization/How_to_beat_the_transformation_odds

Value Map

Capability Map

Stakeholders Map

Organization Map

Information Map

ProductMap

Asset Map

Initiative Map

Strategy Map

BusinessArchitecture

11 Maps Related to Business Architecture


Requirement Map

Process Map (BPMN)

Value Map

Capability Map

Stakeholders Map

Organization Map

Information Map

ProductMap

Asset Map

Initiative Map

Strategy Map



Requirement Map

Process Map (BPMN)

Mission + Vision + Goals


Banking Business Model Canvas


Customer Value Map


Customer Journey Map


Vision + Goals


Strategies & Tactics


Bank CD and/or Bank AB Opportunities


Bank AB Opportunity SWOT Assessment


Bank AB – Initiatives to Fix Weaknesses


Bank CD – Initiatives to Fix Weaknesses


Value Map

Capability Map

Stakeholders Map

Organization Map

Information Map

ProductMap

Asset Map

Initiative Map

Strategy Map



Requirement Map

Process Map (BPMN)

Initiatives to Purchase Bank AB


Bank AB Purchase Road Map


Bank AB Purchase Costs of Integration


Bank AB’s Human Resources Sub-Initiative Diagram

Value Map

Capability Map

Stakeholders Map

Organization Map

Information Map

ProductMap

Asset Map

Initiative Map

Strategy Map



Requirement Map

Process Map (BPMN)

Organization Chart


Capabilities Relevant to the HR Department


Initiatives Relevant to the HR Department


Processes Relevant to the HR Department


Requirements Relevant to the HR Department


Value Map

Capability Map

Stakeholders Map

Organization Map

Information Map

ProductMap

Asset Map

Initiative Map

Strategy Map



Requirement Map

Process Map (BPMN)

Acquire New Account Value Stream Diagram


Acquire New Account Detailed Value Stream Diagram


Acquire New Account Value Stream/Capabilities


Functionality Levels on Acquire New Account Value Stream/Capabilities


2nd Value Stream/Capabilities: Launch New Product


3rd Value Stream/Capabilities: Maintain Customer Information


Customer Product Matching Measurements


Processes Mapped to Value Stages


Value Map

Capability Map

Stakeholders Map

Organization Map

Information Map

ProductMap

Asset Map

Initiative Map

Strategy Map



Requirement Map

Process Map (BPMN)

Capability Map (Level 1)


Tier-2 Customer Facing Capabilities (level 1 & 2)


Performance Heat Map on Tier-2 Customer Facing Capabilities


Functionality Levels on Tier-2 Customer Facing Capabilities


Capability/Org Chart Cross Mapping


Assets Mapped to Capabilities


Requirements Mapped to Capabilities


Thanks!

IRIS Business ArchitectEmail: [email protected]

Phone numbers: (855) 798-2042 x2010 (USA & Canada)

+1-514-798-2042 x2010 (elsewhere)

mailto:[email protected]

from business strategies to it execution using business architecture in financial institutions

Economy & Finance