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Business executives and architects usually discuss the relative importance of different business capabilities from the strategic perspective, identify the capabilities requiring the most significant enhancements in the long run and then employ the so-called technique of heatmapping, i.e. explicitly highlighting or color-coding the business ...
Capability management is the approach to the management of an organization, typically a business organization or firm, based on the "theory of the firm" as a collection of capabilities that may be exercised to earn revenues in the marketplace and compete with other firms in the industry.
VRIO (value, rarity, imitability, and organization) is a business analysis framework for strategic management.As a form of internal analysis, VRIO evaluates all the resources and capabilities of a firm.
Today, business functions are often called business capabilities. And many enterprise architects regard their business function/capability hierarchy/map as the fundamental Enterprise Architecture artifact. They relate data entities, use cases, applications and technologies to the functions/capabilities.
Business process mapping, also known as process charting, has become much more prevalent and understood in the business world in recent years. Process maps can be used in every section of life or business. The Major Steps of Process Improvement using Process Mapping Process identification - identify objectives, scope, players and work areas.
A simpler framework is used in the literature on Enterprise Architecture. Strategy is converted into capabilities, using a capability map, and each capability is described in terms of "people", process and technology. A target operating model can be a one-page document – the operating model Canvas is an example. [3]
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