What is It?
Business alignment refers to the process of ensuring that an organization's operations, technology, and resources are in sync with its strategic objectives. This initiative ensures that all departments work toward common goals, improving efficiency and effectiveness across the organization.
Why Do it:
Business alignment is crucial for :
- Ensuring that an organization operates cohesively towards a common vision
- Avoid working in silos, leading to:
- Inefficiencies,
- Duplicated efforts, and
- Misallocation of resources.
Aligning business functions ensures that technology, human capital, and strategic initiatives drive toward shared corporate goals
Business Alignment Benefits
- Identifies internal and external factors affecting the business.
- Helps in aligning business operations with strategic goals.
- Enhances risk management by recognizing potential threats.
- Serves as a foundation for data-driven decision-making.
What is Different in This Approach?
Management needs insight to assess where to apply corrective action. The issues may be between one or more of the following:
- Landscape and Strategy
- Strategy and Tactics
- Tactics and Operations
- Incompatibilities between Strategy and Business or Enterprise Architecture