Business Motivation Model
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Business Motivation Model
The Business Motivation Model (BMM) in enterprise architecture provides a scheme and structure for developing, communicating, and managing business plans in an organized manner. Specifically, the Business Motivation Model does all of the following: * identifies factors that motivate the establishing of business plans; * identifies and defines the elements of business plans; and * indicates how all these factors and elements inter-relate. History Initially developed by the Business Rules Group (BRG), in September 2005, the Object Management Group (OMG) voted to accept the Business Motivation Model as the subject of a Request for Comment (RFC). This meant that the OMG was willing to consider the Business Motivation Model as a specification to be adopted by the OMG, subject to comment from any interested parties. Adoption as an OMG specification carries the intention that the Business Motivation Model would, in time, be submitted to the International Organization for Standardiza ...
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Business Plan
A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals. It also describes the nature of the business, background information on the organization, the organization's financial projections, and the strategies it intends to implement to achieve the stated targets. In its entirety, this document serves as a road-map (a plan) that provides direction to the business. Written business plans are often required to obtain a bank loan or other kind of financing. Templates and guides, such as the ones offered in the United States by the Small Business Administration can be used to facilitate producing a business plan. Audience Business plans may be internally or externally focused. Externally-focused plans draft goals that are important to outside stakeholders, particularly financial stakeholders. These plans typically have detailed information about the organization or the ...
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Object Management Group
The Object Management Group (OMG) is a computer industry standardization, standards consortium. OMG Task Forces develop enterprise integration standards for a range of technologies. Business activities The goal of the OMG was a common portable and interoperable object model with methods and data that work using all types of development environments on all types of platforms. The group provides only specifications, not implementations. But before a specification can be accepted as a standard by the group, the members of the submitter team must guarantee that they will bring a conforming product to market within a year. This is an attempt to prevent unimplemented (and unimplementable) standards. Other private companies or open source groups are encouraged to produce conforming products and OMG is attempting to develop mechanisms to enforce true interoperability. OMG hosts four technical meetings per year for its members and interested nonmembers. The Technical Meetings provide ...
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International Organization For Standardization
The International Organization for Standardization (ISO ) is an international standard development organization composed of representatives from the national standards organizations of member countries. Membership requirements are given in Article 3 of the ISO Statutes. ISO was founded on 23 February 1947, and (as of November 2022) it has published over 24,500 international standards covering almost all aspects of technology and manufacturing. It has 809 Technical committees and sub committees to take care of standards development. The organization develops and publishes standardization in all technical and nontechnical fields other than electrical and electronic engineering, which is handled by the IEC.Editors of Encyclopedia Britannica. 3 June 2021.International Organization for Standardization" ''Encyclopedia Britannica''. Retrieved 2022-04-26. It is headquartered in Geneva, Switzerland, and works in 167 countries . The three official languages of the ISO are English, Fren ...
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Semantics Of Business Vocabulary And Business Rules
The Semantics of Business Vocabulary and Business Rules (SBVR) is an adopted standard of the Object Management Group (OMG) intended to be the basis for formal and detailed natural language declarative description of a complex entity, such as a business. SBVR is intended to formalize complex compliance rules, such as operational rules for an enterprise, security policy, standard compliance, or regulatory compliance rules. Such formal vocabularies and rules can be interpreted and used by computer systems. SBVR is an integral part of the OMG's model-driven architecture (MDA). Overview The SBVR standard defines the vocabulary and rules for documenting the semantics of business vocabularies, business facts, and business rules; as well as an XMI schema for the interchange of business vocabularies and business rules among organizations and between software tools. SBVR allows the production of business vocabularies and rules; vocabulary plus rules constitute a shared domain model wit ...
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POLDAT
POLDAT is an acronym for Process, Organization and Location (Business Architecture) and Data, Applications and Technology (Systems Architecture). They are the Domains of Change in DXC Technology's Catalyst Methodology. POLDAT is not a framework, but it is the core of Catalyst, which is a detailed "Business Change through Information Technology" methodology. In more recent times, POLDAT has been complemented with the "CC" prefix making it CCPOLDAT. The "CC" prefix is an acronym for Customer and Channel. The complete version being CCPOLDAT an acronym for Customer, Channel, Process, Organisation, Location, Data, Application and Technology. Catalyst is an extensive program, project and operations management methodology with a range of development paths including an Agile like approach. Some organisations have further enhanced CCPOLDAT to also include :Corporation, Management, Integration, Suppliers, Competitors, Government and Other 3rd parties. Enhanced Domains of Change (CMPOLTA ...
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Zachman Framework
The Zachman Framework is an enterprise ontology and is a fundamental structure for enterprise architecture which provides a formal and structured way of viewing and defining an enterprise. The ontology is a two dimensional classification schema that reflects the intersection between two historical classifications. The first are primitive interrogatives: What, How, When, Who, Where, and Why. The second is derived from the philosophical concept of reification, the transformation of an abstract idea into an instantiation. The Zachman Framework reification transformations are: identification, definition, representation, specification, configuration and instantiation. The Zachman Framework is not a methodology in that it does not imply any specific method or process for collecting, managing, or using the information that it describes; rather, it is an ontology whereby a schema for organizing architectural artifacts (in other words, design documents, specifications, and models) is ...
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Business Model
A business model describes how an organization creates, delivers, and captures value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture. Context The literature has provided very diverse interpretations and definitions of a business model. A systematic review and analysis of manager responses to a survey defines business models ...
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Motivation
Motivation is the reason for which humans and other animals initiate, continue, or terminate a behavior at a given time. Motivational states are commonly understood as forces acting within the agent that create a disposition to engage in goal-directed behavior. It is often held that different mental states compete with each other and that only the strongest state determines behavior. This means that we can be motivated to do something without actually doing it. The paradigmatic mental state providing motivation is desire. But various other states, such as beliefs about what one ought to do or intentions, may also provide motivation. Motivation is derived from the word 'motive', which denotes a person's needs, desires, wants, or urges. It is the process of motivating individuals to take action in order to achieve a goal. The psychological elements fueling people's behavior in the context of job goals might include a desire for money. Various competing theories have been proposed co ...
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Strategy Markup Language
{{primary sources, date=April 2017 Strategy Markup Language (StratML) is an XML-based standard vocabulary and schema for the information commonly contained in strategic and performance plans and reports. StratML Part 1 specifies the elements of strategic plans, including: mission, vision, values, goals, objectives, and stakeholders. Part 2 extends Part 1 to include the additional elements required for performance plans and reports, including stakeholder roles and performance indicators. Originally adopted as an American national standard (ANSI/AIIM 21:2009) Part 1, Strategic Plans, was published as an international standard (ISO 17469–1) on February 11, 2015, with minor changes from the ANSI version. On November 13, 2015, the ANSI version of Part 1 was replaced with the ISO version (ANSI/AIIM/ISO 17469-1). On January 9, 2017, the ISO changes and several additional enhancements were approved for incorporation into Part 2, Performance Plans and Reports (ANSI/AIIM 22). Internat ...
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Business Process
A business process, business method or business function is a collection of related, structured activities or tasks by people or equipment in which a specific sequence produces a service or product (serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels and may or may not be visible to the customers. A business process may often be visualized (modeled) as a flowchart of a sequence of activities with interleaving decision points or as a process matrix of a sequence of activities with relevance rules based on data in the process. The benefits of using business processes include improved customer satisfaction and improved agility for reacting to rapid market change. Process-oriented organizations break down the barriers of structural departments and try to avoid functional silos. Overview A business process begins with a mission objective (an external event) and ends with achievement of the business object ...
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