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Leveraging Business Architecture to Improve Business Requirements Analysis
With all of the tracking and management abilities that have evolved over the past decades, the ability to effectively derive, trace, and reuse business requirements has remained in its infancy. As the complexity of launching new products and services and driving continuous improvement increases, organizations are turning to business architecture to help them reduce risk, costs, and cycle time. Implementation and use of a business architecture framework provides a major step forward in avoiding these issues and driving project and business success. Business architecture provides this framework by offering insightful, consistent perspectives of the business from a variety of perspectives that are essential to managing, understanding, deriving, and reusing business requirements. A Guide to the Business Architecture Body of Knowledge™ (BIZBOK™ Guide) has helped numerous organizations establish a business architecture framework that can be leveraged throughout the requirements management lifecycle. The next evolution for the requirements management lifecycle is to fully incorporate this framework to maintain a customer perspective, aligned to strategies, value streams, business capabilities, and planning roadmaps. The outcome of this alignment is an improvement in the success ratio of product-related investments.
Eric Spellman is a Senior Manager in the FSO Advisory Services practice of Ernst & Young LLP. He has over 25-years of experience working within the banking and insurance industries specializing in the design and definition of business architecture, business process, requirements definition, and customer experience. A majority of Eric’s work has revolved around the due diligence, and transformation efforts associated with mergers, acquisitions, and divestitures.
Location Details
Paragon Solutions
401 Plymouth Road, Suite 160
Plymouth Meeting, PA 19462
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