Business Ecology Initiative Releases New Podcast Featuring Faisal Hoque, BTM Corporation, on The Power of Convergence: Why Bringing Business and Technology Together Matters
NEEDHAM, Mass., May 20 /PRNewswire/ -- OMG™ today announced that a podcast and slide deck of the presentation by Faisal Hoque, Founder and CEO of BTM Corporation, on "The Power of Convergence: Why Bringing Business and Technology Together Matters" recorded at the Business Ecology® Initiative (BEI) Symposium in Jacksonville, FL in March are now available. To access the podcast, visit http://www.business-ecology.org/jv-fh-pr.
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Faisal Hoque set the stage for his presentation on The Power of Convergence with the startling fact that only 74 of the original 500 firms remain in the S&P index just 40 years later. The frenetic pace of business has reduced enterprise life expectancy. The response has been a call for agility. Referencing research of the BTM Institute, Hoque stated that agility is achieved through repeatable management processes.
The components of agility are flexible organizational constructs and behaviors, standards for enterprise architecture, including business architecture, a portfolio investment approach that is structured to balance between stability and agility, and a governance model that facilitates horizontal and collaborative decision making processes.
Of the flexible organizational constructs and behaviors, Hoque focused on business-technology convergence. Unlike business-IT alignment, which is essentially communicating silos, business-technology convergence features intertwined business and technology activities, dedicated to driving superior financial performance.
With the agility and business-technology convergence context set, Hoque walked through the BTM management practice framework, including the 17 capabilities required to achieve convergence. In addition to discussing the practices, Hoque shared metrics and trends from the hundreds of organizations who have utilized the BTM measurement tools over the past 7 years. A critical finding is a correlation of management practice maturity and corporate growth and financial returns – stock price, earnings and margins.
To hear Mr. Hoque's the entire presentation, download the 43-minute podcast and accompanying slide presentation at http://www.business-ecology.org/jv-fh-pr. To read more about this podcast or to share your views, visit the BEI Blog http://blog.business-ecology.org/.
About the Business Ecology Initiative
The Business Ecology® Initiative provides education, advocacy and member programs to enable organizations to achieve Business Ecology success, employ Actionable Architecture™, and carve a path to business-IT integration. Associated with BEI are Communities of Practice (CoP) for several Business Ecology enablers, including BPM/SOA, CyberSecurity, Event Processing and Green CIO. The CoPs are advocacy groups comprised of practitioners, service providers and technology vendors, dedicated to promoting the business value, and enabling the successful adoption, of specific, key business-technology strategies, by the Global 1000, major government agencies and mid-market businesses.
Organizations interested in the BEI or in joining a Community of Practice should visit the website, http://www.business-ecology.org or email [email protected] for more information.
About OMG
OMG™ is an international, open membership, not-for-profit computer industry standards consortium. OMG Task Forces develop enterprise integration standards for a wide range of technologies and an even wider range of industries. OMG's modeling standards enable powerful visual design, execution and maintenance of software and other processes. For more information, visit www.omg.org.
Note to editors: For a listing of all OMG trademarks, visit http://www.omg.org/legal/tm_list.htm.
SOURCE OMG (Object Management Group)
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