Post by account_disabled on Dec 27, 2023 21:48:52 GMT -7
For each product individually. This turns payment processing into a reusable component within the people process technology bundle. Employees can continuously improve processes and technologies to meet the changing needs of customers and product owners who are component stakeholders. The component becomes a living asset of the company. Early research results suggest that componentization helps organizations use data more efficiently and respond faster to business opportunities. However, breaking down a business into its components is not easy. It's a very different way of thinking about how to get work done. Additionally, extracting reusable components from existing processes is a delicate operation. However, the long-term outlook should not be discouraging. Each new component adds value when implemented.
Companies can develop new components in stages when it is clear that they create value. Principle: enterprise architecture. Creating a people process technology bundle represents a dramatic shift from the traditional management approach, in which people design and Job Function Email List manage systems, functional leaders design and manage processes, and business unit managers design roles and manage people. For this new model to work, employees must be given responsibility for the processes and technologies within each component. The leadership task becomes one of building a team and then coaching team members to help articulate their mission, establish meaningful metrics, and design experiments to test the innovation.
Team members define their goals. Leaders hold teams accountable for achieving these goals and, just as importantly, grant them the autonomy to achieve them. In order to complete the task, forming a team often requires diverse talents. Enterprise architecture efforts therefore require not only componentizing the business but also assigning cross-functional teams of experts to each unit. Staff need to understand the process and technical requirements of the components, so most teams need product experts, software developers, and user design experts. They may also need data scientists.
Companies can develop new components in stages when it is clear that they create value. Principle: enterprise architecture. Creating a people process technology bundle represents a dramatic shift from the traditional management approach, in which people design and Job Function Email List manage systems, functional leaders design and manage processes, and business unit managers design roles and manage people. For this new model to work, employees must be given responsibility for the processes and technologies within each component. The leadership task becomes one of building a team and then coaching team members to help articulate their mission, establish meaningful metrics, and design experiments to test the innovation.
Team members define their goals. Leaders hold teams accountable for achieving these goals and, just as importantly, grant them the autonomy to achieve them. In order to complete the task, forming a team often requires diverse talents. Enterprise architecture efforts therefore require not only componentizing the business but also assigning cross-functional teams of experts to each unit. Staff need to understand the process and technical requirements of the components, so most teams need product experts, software developers, and user design experts. They may also need data scientists.