Title: Strategy to Reality – Making the impossible possible for…
Last week, The Open Group Open Digital Standards October 2021 brought together organizations and speakers from across the world to discuss how the cross-industry development of open standards is helping businesses become digital-first. The global event was hosted in Brazil, China, India, Japan, South Africa, United Kingdom, and the United States. The event commemorated The Open Group 25th anniversary – acknowledging and reminiscing the remarkable achievements in the technology standards arena. Over 2,600 attendees from more than 100 countries gathered virtually to to share in the celebration and learn more about open technology standards.
As enterprise architecture has developed as a discipline over the last 25 years, it has borrowed significantly from business strategy. Given this, it is important to recognize and understand the business strategy underpinnings of enterprise architecture. A great example is the “Creating the Corporate Future” written by strategic, systems thinker Russell Ackoff. This article will share some of the key insights from the book that were building blocks of enterprise architecture, so you be an even better enterprise architect and strategic thinker.
This week marked a first for The Open Group. While our physical conferences and Member Meetings have become the world-class events for which we are known, the health and safety of our staff, Members, and event attendees take priority during these unprecedented times.
As an organization that prides itself on bringing people together globally, this week we hosted our first ever virtual event, #ogVIRTUAL. In the face of adversity, it was fantastic to see over 2,000 attendees from 85 countries across the world come together virtually to explore the topic of ‘Digital First’.
In this time of the Covid-19 pandemic and the associated extreme economic disruption we’re all experiencing, the imperative to move rapidly toward digital products and business models is becoming both clear and increasingly urgent.
Recently, the Banking Industry Architecture Network (BIAN) published version 8.0 of its financial industry reference architecture. This provides a comprehensive model of the business capabilities, business scenarios, service domains and business objects used in banking and other financial services.
Before describing the future Enterprise Architect, we will reflect on the current Enterprise Architect, one of their customers – a current line of business leader – and the strained relationship between them. For the sake of personalization, we will call the current Enterprise Architect ‘Archie’, and current line of business leader ‘Loretta’.
In the future state of Enterprise Architecture, the relationship between the two evolves towards one that is more productive and trusted. We describe what a future Enterprise Architect might look like and summarize the salient differences.
The Open Group hosted its latest event at the Marriott Riverwalk in the lively city of San Antonio, Texas. On January 27 – 30, we welcomed attendees from across the globe – including decision-makers, Enterprise Architects, Data Scientists, engineers, technologists, and end-users representing many businesses and governments – to explore how organizations can utilize their growing volume of data effectively and securely as part of a digital transformation program.
At The Open Group Amsterdam 2019, participants were offered the chance to participate in an exciting new gamification of IT4IT™, a standard of The Open Group. Jan Schilt, co-owner of GamingWorks BV acted as the CEO role of a Banking concern named UBanQ. In that game role, Jan challenged several teams to prove that they could become the bank of choice for customers in a highly competitive, rapidly changing digital world.
As someone who cares about how business strategy and digital intersect, it is great to see complementary validations of business thinking. This is what I found after reading “Competing in The Age of AI”, released on January 6, 2020. The book’s authors extend and compliment “Designed for Digital” which was reviewed in September. Maybe the authors should take a walk across the Charles River.
In Competing in the Age of AI, authors Marco Iansiti and Karim Lakhani dig into the role of data and AI in driving the digital future. Their perspectives provide additional and supportive thinking from Designed for Digital.
The Open Group released two new bodies of work during The Open Group Denver event in July 2019. The first was a snapshot of what is intended to become The Open Agile Architecture Framework™ (O-AAF). The objective of this document is to cover both Digital Transformation and Agile Transformation of the enterprise, and is valid until January 15, 2020. The second new document was The Digital Practitioner Body of Knowledge™ Standard (DPBoK), Version 1.0, which assists individuals and organizations who wish to create and manage product offerings with an increasing digital component, or lead their organization through Digital Transformation.