Foster growth, business flexibility, and innovation within your company with these guiding principles

Overview:

In some ways, today's business environment parallels that of the Internet era, where in the rush to embrace the Internet and to get a competitive edge, companies have became preoccupied with e-commerce, sometimes to the detriment of larger concerns. Similarly, many businesses today are rushing to adopt emerging technology and embracing the misconception that business changes suddenly instead of gradually. In reality, successful companies keep the longer term in mind and pursue profitable growth rather than growth for its own sake. They are "flex-pon-sive" in a global world, and they leverage the best practices and learning of other companies. The journey of becoming a "flex-pon-sive" company takes both business and IT acumen, with a special focus on your business models and processes. In this sample chapter from The New Language of Business: SOA & Web 2.0, learn how to maximize your company's journey with a shorter time to value by using this set of guiding principles and goals:

• Focus on the area that will change the game in your industry.
• Address the area of focus with flexible IT and SOA to begin growing your revenue and ensuring flexibility.
• Leverage the best practices of others in your industry and those outsides.
• Implement governance, which is critical for cross-business cultural change and a secure, robust infrastructure that is needed to scale and support your SOA projects and undertakings.
• Include trusted partners in your strategy as needed to provide both the business acumen and advanced technologies to build your journey.

Title: The New Language of Business: SOA & Web 2.0
ISBN: 013195654X
Published: February 2007
Author: Sandy Carter
Chapter: Chapter 11: Putting It All Together
Published by IBM Press

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