Developing a Strategy - A Reusable Pattern
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This week I presented to the Business Architecture in the London Market (BALM) in Partnership with LLoyds of London Community a session entitled "Developing a Strategy - A Simple Reusable Pattern". The presentation discussed a simple reusable approach to developing a Strategy.
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Developing a Strategy - A Reusable Pattern
- 1. Aviva: Public PART 1 A Re-Usable Architectural Pattern “Delivering an IT Strategy” Daljit R Banger MSc FBCS https://youtu.be/yPNbtQ6xGG8
- 2. Aviva: Public Agenda • Part 1 • Strategy in the real world - Complexities • A Simple Reusable Pattern - Strategy Development • Pattern Discussed • Example Impacting Forces ; • The Global Business Strategy • Example Keyword Extraction • Extrapolating Technology Themes • System Capability Matrix • Investment Analysis / Modelling • The “Control/ Execute / Monitor” Cycle • Example Domain (Financial Crime) • Assembling all the Elements • Part 2 – Scenario Collaborative Session
- 3. Aviva: Public Part 1 Strategy is the great work of the organisation. In Situations of Life and death, it is the Tao of Survival or Extinction. Its study cannot be neglected“ (Source: Sun Tzu the Art of War“)
- 4. Aviva: Public Strategic Thinking Theory Realisation Products of Enterprise Architecture Compliance (Regulatory/ Market) Strategy Development is both complex and time consuming
- 5. Aviva: Public Internal External Environmental Drivers for Change Innovation Value / Munda Analysis A Simple Reusable Pattern - Strategy Development
- 6. Aviva: Public Example Impacting Forces • Internal • Business Drivers • Structure • Organisation Conduct • Performance (Business/Financial/Operational) • External • Governments / Regulatory Authorities eg • PEST • Value Chains • Competitor Analysis • channels • General • Innovation • NFRs • Financial Obligations • Technology Debt
- 7. Aviva: Public The Global Business Strategy • Every Business has a Strategy • Formal • Document • Public Facing website • Chairman's Reports • Informal • Values • Behaviors • Performance KPIs
- 8. Aviva: Public Example Keyword Extraction
- 9. Aviva: Public Extrapolating Technology Themes Innovation Funnel Response Times (System/Process) New Ways of Working Big Data Reference Architecture
- 10. Aviva: Public Example Domain / Capabilities (Financial Crime) Detection Prevention Investigation Data Interchange Intelligence Stores Case Management Compliance Reporting
- 11. Aviva: Public Business Strategy Keyword Extraction Technology Themes System Capability Matrix Technology Investment Control/ Execute / Monitor From Business Strategy to Technology Realisation Assembling all the Elements Top Down Bottom UP Maintain Adapt Shape
- 12. Aviva: Public Website : www.s-ea-t.com (Tools, Papers Downloads) Blog : https://dalbanger.wordpress.com/ Email : dal@s-ea-t.com Thank You
- 13. Aviva: Public PART 2 Scenario Discussion
- 14. Aviva: Public Part 2 Everyone has a plan 'till they get punched in the mouth.“ Mike Tyson (Boxer)
- 15. Aviva: Public Thank You Video of Presentation available to view at ; https://youtu.be/yPNbtQ6xGG8
Notas del editor
- Today we will introduce you to a simplified pattern that will allow you to structure your thinking when asked to deliver a strategy. After presenting the pattern we will explore this in terms of a business domain found across the Insurance Industry across all markets i.e. Financial Crime - we will try and transpose this onto a organisation (using public domain documents) to
- The above is the strategy taken from the Lloyds Website (23/04/2019) the strategy as a whole does not provide a key extract for a strategy – However there are key themes / words we can extract that we can use for traceability.
- Using the key words we can move to define a reference architecture build on key Technology Capabilities – allowing us to map investments
- Detection Prevention Investigation Data Interchange Intelligence Stores Case Management Compliance Reporting