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Business Models

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Role of the Business Model is depends upon Technical inputs and Economic outputs. The business models itself an important determination of the profitability to be gain from the innovation. Today, the business models might be depends on how technology is used.

Business Models
Business Models

Business Models

The Business Importance of Methodology

The Business Role of the IT Organization

  • Provide Technical, Automation, and Information Support for Business Processes
  • Enhance Co-ordination and Integration of Business Functions
  • Increase Business Effectiveness and Efficiency through IT
  • Business Process and Automation Change with Organization and Cultural Harmony for Business Success
  • Educate, Position, and Exploit the Strategic Value of IT

Business IT Framework

The Role of a Methodology in Performing this Role

  • The Methodology (Remember, You always have one!) is the IT Organization/Staff vehicle for the Design, Manufacture or Acquisition, and Implementation of the Desired Software Product
  • The Methodology Used Determines How Well the Following is Performed
    • Provide Technical, Automation, and Information Support for Business Processes
    • Enhance Co-ordination and Integration of Business Functions
    • Increase Business Effectiveness and Efficiency through IT
    • Business Process and Automation Change with Organization and Cultural Harmony for Business Success
  • The Methodology Used Determines How Well the Following is Performed

Business Benefits of a Successful Methodology Use

  • Users Happy with the Product
    • Provides the Right Functionality
    • Users Like to Use it Fits well with the Business Process
  • Business Leverage and Problem Prevention
    • Business Process Re-Engineering
    • Positive Secondary Effects
  • Efficient Use of Resources
    • Right Skills at the Right Time Business, Technical, Managerial

Technology Benefits of a Methodology

  • Effective and Efficient Use of Resources
  • Software Products that work and create value for the Business
  • Software Products that are Maintainable
  • Software Products that are Documented
  • Architecture Evolution No Islands of Technology

Symptoms of Methodology Let-Down

  • Users not Happy: Product Functionality does not meet Business Needs
  • Users Do Not Like Using the Product
  • Negative Secondary Effects
  • Lots of Re-Work and Enhancements
  • Resource Inefficiencies Feeling of We could have done this Better