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December 21, 2006

Business Trilogy

Have you ever sat down and thought about the different frameworks for metadata delivery? The first and most common method is that metadata fulfills a Business Need. Now, this may very well be a technology need associated with a data warehouse. In fact, I would actually refer to this a secondary or related business need but I do not want to split hairs. Fulfilling a business need is not the same thing as metadata delivering Business Value. Business value has a price tag, a cost structure, and a calculated Return on Investment. Having a Business Value is far better position than just fulfilling a Business Need. That being said, what would be the next step? What would be better than having delivered business value? The answer is turning metadata into a Business Model. A business model does not just deliver value once, but as an ongoing effort. A business model is like running a small business including profit and loss. A Business Model delivers work worth paying for, work that the business is willing to fund over an extended period of time.

Posted by Todd at December 21, 2006 8:35 PM