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- To raise the profile of London Business School amongst the broader technology community, both in the United Kingdom and internationally. - To support the ...
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Retail Business Technology Expo 2012 London - Retail Business Technology Expo & Trade Fair London United Kingdom 2012
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In the past, managing a business can be an incredibly tiresome job. But with today’s technology, business management has become easier. Business technology management (BTM) is a science which seeks to integrate technology and business.
Business technology management has a set of guiding principles referred to as BTM Capabilities. These capabilities are put together to form BTM solutions. BTM solutions are the foundations in which organization and improvement of a company’s practices are based upon.
BTM addresses four dimensions which serve as building blocks that support enhancement of the enterprise. The four dimensions are process, organization, information and technology. The first dimension for the BTM principles is a set of robust yet flexible and repeatable processes. These processes are supported by appropriate organizational
structures founded on comprehensible understanding of roles, responsibilities and decision privileges. The next dimension involves valid, correct and timely information which is needed to make effective and right decisions. The information must be simple enough to be understood by anyone yet actionable in terms of informing choices which matters. All other dimensions are then interconnected by the appropriate technology. The right technology is needed to make processes easier to carry out, for timely and fast sharing of information and for consistent
coordination and communication between the levels of organization.
BTM Capabilities are competencies achieved by putting together the dimensions previously mentioned and making well-defined, repeatable management processes that are performed through the right organizational structures, using effective and efficient information architectures which are sustained by the correct level of automation and technology. There are 17 BTM capabilities and each capability is grouped into one of the four functional areas.
The first functional area is Governance and Organization. The second area focuses on the Enterprise Program Management Office. The third area involves Strategy and Planning. Lastly, the fourth area centers on Strategic Enterprise Architecture.
There are BTM companies which offer services to help businesses create their own information technology department. These Business Technology Management companies may offer services which involve technology planning, project management, support, database service, disaster recovery, network management, security, and document services. Document services could include e-billing, document formatting, mass printing and mass mailing.
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