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Business Architect Creating a Winning Organization and Business Model |
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By Vadim Kotelnikov, Inventor & Founder, Ten3 BUSINESS e-COACH – Innovation Unlimited!, 1000ventures.com
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"It takes a business architect to take an innovative business idea into a successful venture and achieve lasting business success." |
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Why Business Architect?
In today's knowledge- and innovation-driven
complex economy,
business architects are in growing demand.
To build a
winning synergistically integrated organization, companies need
cross-functionally
excellent people who can tie several silos of business development
expertise together, create
synergies, design a winning
business model and a
balanced business system and
then lead people who will
put their plans into action. Business Architect Defined Business architect is a person that initiates new business ventures or leads business innovation, designs a winning business model, and builds a sustainable balanced business system for a lasting success. Business architects can be found in a multitude of business settings: corporate change leaders, initiators of joint ventures, managers of radical innovation projects, in-company ventures, spin-outs, or new start-up ventures. Although the settings in which business architects act are different, they all design and run a new venture to achieve its sustainable growth. The Power of Your Cross-Functional Excellence If you build broad cross-functional expertise, no idea will be wasted! Your mind can accept only those ideas that have a frame of reference with your existing knowledge. It rejects everything else. If your knowledge is functionally focused, you'll be open to new ideas related to your functional expertise only and will miss all other learning and innovation opportunities. If you develop a broad cross-functional expertise, no new idea will be wasted. It will immediately connect with the existing knowledge and will inspire you, energize you, and encourage your entrepreneurial creativity. The broader your net, the more fish you catch. Balanced Organization: 5 Basic Elements Leadership (Fire):
Balance Your Business System
The primary goal of any business is to increase
stakeholder value. It is achieved through a dynamic balancing of competing
values. In order for a business to maximize economic value, it must balance
customer satisfaction and competitive market forces with internal cost
and
growth consideration...
More The Tao of Business Success The Tao helps you achieve much more with much less effort. This effortless skill comes from being in accord with reality. You can't tell the singer from the song. You can't tell the dancer from the dance. When you are in harmony with the Tao, when you go with its current of energy, your innate intelligence takes over, and the right action happens by itself. The Tao teaches you the art of living and doing business. It gives you advice that imparts perspective and balance. It applies equally well to the managing of a large corporation or the running of a small business, to the governing of a nation or the leading a small team, to your personal development or to the coaching of others... More Sustainable Business Models
9 Signs of a Losing Organization
Building an Innovation-friendly Organization Leaders of successful, high-growth companies understand that innovation is what drives growth, and innovation is achieved by awesome people with a shared relentless growth attitude and shared passion for creative problem solving and for turning ideas into realities. Companies that continuously innovate will create and re-invent new markets, products, services, and business models – which leads to more growth. Innovation is founded on your enterprise's ability to recognize market opportunities, your internal capabilities to respond innovatively, and your knowledge base... More SWOT Analysis: Questions To Answer
Build Your Sustainable Competitive Advantage Sustainable competitive advantage is the prolonged benefit of implementing some unique value-creating strategy based on unique combination of internal organizational resources and capabilities that cannot be replicated by competitors... More 3 Strategies of Market Leaders The market leader is dominant in its industry and has substantial market share. If you want to lead the market, you must be the industry leader in developing new business models and new products or services. You must be on the cutting edge of new technologies and innovative business processes. Your customer value proposition must offer a superior solution to a customers' problem, and your product must be well differentiated... More Case in Point Silicon Valley Companies: Deciding If Your Innovation Portfolio Has Enough Stretch Adapted from “Relentless Growth,” Christopher Meyer
Integrated Approach To the Management Process The integrated business systems approach to business development and the management process is what distinguishes modern cross-functionally excellent business architects from functional managers. As a business architect and an extremely effective leader, you must have a broad view to be able to link together – synergistically! – the key components of corporate success – from functional planning to cross-functional cooperation, from supply chain management to customer value creation, from the art of continuous learning to the practice of effective communication and influencing people – and bundle them in an intellectual, innovative and pragmatic package that can be used to achieve sustainable competitive advantage and business growth, both top-line and bottom-line. To fulfil these responsibilities, a Business Architect typically should have broad cross-functional expertise. Systems Thinking and Modern Management The goal of systems thinking is to manage the rapidly growing complexity of the worlds of business and technology. The task of a business architect and a process manager is to create systems, within a sensibly structured business, that empowers employees and enables people to achieve higher productivity and greater competitive advantage. Systems thinking characterizes many of the world's leading executives. It is a formal discipline of management science that deals with the whole business system and in terms of the interconnections and interactions of its parts. "Many managers fail to see the forest for the trees. This is not an either/or problem. The trick is to see both the forest and the trees. Systems thinking is a methodology for doing both simultaneously. It's more than a methodology, it's like learning a new language and takes nearly as long as learning a foreign language to achieve maturity."1 The Rise of the IT Architect IT architects are in growing demand. They are cross-functionally excellent people who can "tie several silos of expertise together," relate to business problems as well as technology, and then sell their ideas upward and downward in the corporate hierarchy. "Enterprise architects aren't just technology experts; they are leaders with broad IT knowledge, the savvy to apply it to business problems and the communication skills necessary to coordinate the people who will put their plans into action," says Bill Liguori, senior vice president and co-founder of the placement firm Leadership Capital Group. 2 Enterprise-wide Business Process Management (EBPM)
EBPM addresses the pressing need of the new knowledge-driven economy to integrate business process thinking with strategy, organizational structure and people issues. It requires that your executive team lead and manage differently and think more systemically about your business... More Corporate Culture
Corporate culture is the collective behavior of people using common corporate vision, goals, shared values, beliefs, habits, working language, systems, and symbols. It is interwoven with processes, technologies, learning and significant events. In addition, different individuals bring to the workplace their own uniqueness, knowledge, and ethnic culture. So corporate culture encompasses moral, social, and behavioral norms of your organization based on the values, beliefs, attitudes, and priorities of its members... More Building a Team Culture: 10 Action Areas It is becoming increasingly important that teams function productively with a minimum of supervision. Team culture ensures that individual members both demonstrate their best talents and function synergistically as a unit to achieve common goals. When team culture reigns, teams are dependable and consistent. People voice their opinions openly. They demonstrate creativity, innovate and see a job through to conclusion. To build a team culture:
Creating a Culture for Innovation By: Soren Kaplan Shaping culture, especially when it comes to creating a culture of innovation, is a daily task that involves elevating the mundane to the strategic. By managing the strategic levers of culture, and by practicing the strategies of envisioning, communicating and sponsoring, it becomes possible to create a culture of innovation and drive long-term strategic advantage... More
Kaizen,
or continuous improvement, is an integral part of corporate culture. It
requires continuous both conscious and sub-conscious thinking about
improvements from everyone. Nurturing and effectively integrating Kaizen
into corporate culture is not easy. It requires a sustained effort. But, as
Toyota
has demonstrated, it offers a more
sustained competitive advantage...
More
29 Obstacles To Innovation
Innovation not articulated as a company-wide commitment...
More Leading Systemic Innovation
Strategies for Leading Breakthroughs So what separates extraordinary leaders from proponents of the status quo? They break the rules. Except, not in an arbitrary or capricious way. When you look at examples of extraordinary leadership, like the Founding Fathers of the United States or Jack Welch of GE, certain practices or principles become apparent. To start, there is a declaration of what the future will be. There is also a purpose, something to stand for. And finally, there is a clearly articulated commitment... More
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