‘ Enterprise Architecture ‘ is used by IT leaders to link IT to Strategy. LinkedIn Pulse article at http://sdl.re/LIPEA follows discussions with Open Group about the real possibility that living business models we could help with EA projects.Continue Reading → Share
Building on earlier posts about Business Models, this LinkedIn Pulse article clarifies how living, dynamic, quantified models can take us much further than is possible with qualitative frameworks. Better still – this is now easier, faster and more reliable than creating spreadsheet models that are way less useful.Continue Reading → Share
You offer no definition, so when you tell us to “innovate”, what exactly is the thing we are to change? To be fair, no-one else provides a useful definition either – not even the most popular Business Model Canvas. All use abstract, inconsistent terminology, provide no causal explanation as to how a business model actually works and delivers performance, and with no quantification we have not the vaguest idea of the scale or growth of the enterprise the “business model” describes, or even if the model is viable ...Continue Reading → Share
BS says complex data, mental biases and emotions make good strategy choices hard to achieve, but these are not ‘givens’ or independent. An interesting debate at EURAM among academics who have studied these issues for decades rather implied
- … that our ability to make sense of complex information is fundamentally limited (especially in Strategy with its multiplicity of elements and interconnectedness) … but it can be radically improved by better representation – even simplistic Balanced Scorecards help a lot.
- … that biases are simply ...
Recently talked with 3 sector-leading firms obsessed with their NP score – the % of customers who are Promoters minus the % who are Detractors. Having more people like you than not is for sure “a good thing”, and NPS advocates like to point out that firms with a high score out-perform others (never mind how the causality actually works, or what to do with it!).
But others already saw that it’s badly flawed, with illogical reasoning and a disconnect from what really matters. First, ...Continue Reading → Share