A small investment in business architecture provides a blueprint for change

A relatively small investment in business and technology architecture modelling is a wise investment and provides a blueprint from which to launch change!

The pace of change in the Asset Management industry has increased dramatically as the global competitive landscape toughens, product innovation increases, distribution and service models evolve, and the outsourcing spectrum expands.  Firms often turn to the development of operating models to provide a window through which they can view their people, process and technology in the context of the business strategy, although these frequently are siloed models, without the proper depth, and without an enterprise-wide view.   Increasingly, we see Asset Managers investing in Business Architecture roles and constructs to provide the proper blueprint for change.  Despite this trend, the need for a business architecture remains one of the more difficult initiatives for COOs and CIOs to articulate.  And yet it represents an objective foundation from which the senior leadership can evaluate its capabilities and establish priorities to meet the changing needs of the business. 
 
Olmstead defines a Business Architecture as an end-to-end view of the capabilities, processes, services, and technology of an organization, comprised of:
Effective business architectures help firm’s evaluate (current state) and design (future state) operating models by going deeper, creating a comprehensive roadmap, with broad internal consensus, to deliver on its strategic growth objectives. 
In short, an investment in business architecture finds its payback in better decision making and the creation of operating agility, efficiency, and scale.