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Flashcards in Business Architecture Discipline Alignment Deck (460)
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1

Describes the rationale of how an organisation creates, delivers, and captures value.

A business model

2

Describes the rationale of how an organization creates, delivers, and captures value.

A business model

3

This concept has grown to include non-monetary measures of value such as the exchange of services with business partners, delivery of customer value, and making contributions back to the community in which the business resides.

Value

4

A conceptual structure for organizing the elements, relationships, representations, and classifications of one or more business models.

A business model framework

5

Provides organizations with a way to organize business models they develop and deploy into a formal, cohesive structure.

A business model framework

6

Enablse strategic planning and the ability to assess a business from a variety of internal and external perspectives.

A business model

7

Gaining significant traction with executives who use them for capturing and communicating business concepts, and also for developing and validating strategies and goals.

Business models

8

Larger organizations find business models particularly useful in

Integrating their strategies and goals across multiple lines of business.

9

When business concepts are populated into the Osterwalder canvas, management has

A common set of perspectives for what they want to achieve .

10

When business concepts are populated into the Osterwalder canvas, management can

Establish clear goals to ensure that the business model is deployed effectively.

11

Business architecture, on the other hand, represents formal views of a business that can be

Targeted for improvement, rearranged, redeployed, or refined in a variety of ways to enable the vision and goals set forth for the business model.

12

The business model framework allows a business to clearly state

What it wants to accomplish

13

Business architecture tells us how the business can align to that business model using

Concise, widely agreed upon views of the business.

14

Business architecture and business modeling do not just coexist, but deliver ___ when leveraged together.

Significant and exponential levels of value

15

The goal of aligning business architecture with business models frameworks is to ___ using business architecture and derive ___.

Articulate the impact of a given business model on the business, actionable plans and solutions based on those articulated views.

16

In the context of the business model, business architecture enables an organization to

Realize its vision.

17

Business architecture can be used to interpret the business model in ways essential to __, __, and __to deliver results ranging from tactical deployments to long-term business transformation.

Establishing actionable roadmaps, funding, and priorities needed

18

The business model functions in the realm of business visioning and strategy creation and is used to ___ and ___.

Establish and evolve a vision, establish benchmarks against which to evaluate progress towards that vision.

19

Business architecture occupies the middle ground between

Vision and actionable results.

20

Business architecture provides the bridge between

Vision and strategy on the one side and actionable, deployable results on the other side.

21

Business architecture serves as a means of taking various goals resulting from business model deployment and

Structures them in a way that can be driven into business solutions.

22

This is the singular most important benefit of business architecture / business model framework alignment.

Taking goals from business model deployment and structuring them in ways that can be driven into business solutions.

23

Determining the cross-functional impacts of various strategies on the business

Benefit of business architecture / business model framework alignment.

24

Delivering rapid solution analysis that can be turned into initiatives

Benefit of business architecture / business model framework alignment.

25

Aligning funding to business goals

Benefit of business architecture / business model framework alignment.

26

Shaping one or more business goals into deployable projects

Benefit of business architecture / business model framework alignment.

27

Ensuring that projects are tied directly to business goals

Benefit of business architecture / business model framework alignment.

28

The Business Model Canvas building blocks are __, __, and therefore serve as a useful way to organize and concur on certain business goals.

Commonly found in many business models, easy for executives to understand

29

Formal decomposition of the individuals or organizations interested in a business's product or service

Business Model Canvas Building Block - Customer Segments

30

Ways in which a business seeks to satisfy a customer

Business Model Canvas Building Block - Value Propositions