Business Concept Infotrac Strategy Understanding
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Business Analysis - Business Analysis is a structured methodology that is focused on completely understanding the customer's needs, identifying how best to meet those needs, and then "reinventing" the stream of processes to meet those needs. Its purpose is to develop business process improvement (BPI) as a key strategy and a management tool, capable of supporting the organization's vision, mission, goals, and objectives, and to promote the use of technology throughout the organization.
Strategy map - In the realm of business, the concept of strategy maps was introduced by
Business transformation - Business transformation is a key executive management initiative that attempts to align the technology initiatives of a company more closely with its business strategy and vision. The degree to which a company can implement new initiatives to support changes in business strategy is known as business agility.
Technology strategy - A Technology strategy (as in Information technology) is a document that explains how information technology should be utilized as part of an organization's overall business strategy. The document is usually created by an orgaizations Chief Information Officer (CIO) or technology manager and should be designed to support the organizations overall business plan.
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