{"id":1139,"date":"2020-11-02T11:55:13","date_gmt":"2020-11-02T01:55:13","guid":{"rendered":"https:\/\/www.assetperformancesolutions.com.au\/?p=1097"},"modified":"2022-03-07T23:47:17","modified_gmt":"2022-03-07T23:47:17","slug":"applying-business-architecture-to-your-iso55001-transformation","status":"publish","type":"post","link":"https:\/\/assetperformancesolutions.com.au\/tempstage\/applying-business-architecture-to-your-iso55001-transformation\/","title":{"rendered":"Applying Business Architecture to your ISO 55001 Transformation"},"content":{"rendered":"\n

Shortcuts to Glory<\/h2>\n\n\n\n
<\/div>\n\n\n\n

I realise that \u201cISO 55001\u201d and \u201cBusiness Architecture\u201d can be considered heavy concepts. But I\u2019m here to explain how it can make your life as an asset manager much easier.<\/p>\n\n\n\n

I’ll start with the basics, and hopefully inspire you to start looking at how Business Architecture will provide your ISO implementation some structure. You’ll successfully interconnect the processes with your organisational objectives and, as a result, you’ll achieve alignment – and your business goals – very quickly.<\/p>\n\n\n\n

<\/div>\n\n\n\n

What is Business Architecture?<\/h2>\n\n\n\n
<\/div>\n\n\n\n

Business architecture (BA) is a blueprint of the enterprise that \u201cprovides a common understanding of the organisation\u201d. It’s also used to “align strategic objectives and tactical demands\u201d. <\/p>Object Management Group \u201cWhat is Business Architecture<\/a><\/em>\u201d.<\/cite><\/blockquote>\n\n\n\n

To successfully build capacity and capability that is aligned with strategic objectives, a BA blueprint encompasses business processes, business information<\/em> and governance structure<\/em>.<\/p>\n\n\n\n

As such, a business architect focuses on critical motivational, operational and analysis frameworks that link<\/em> these components of the enterprise together. <\/p>\n\n\n\n

<\/div>\n\n\n\n
\"\"
Let’s get strategic as we build<\/figcaption><\/figure>\n\n\n\n
<\/div>\n\n\n\n

So, how does Business Architecture assist in an ISO 55001 Transformation?<\/strong><\/h2>\n\n\n\n
<\/div>\n\n\n\n

As described in a previous blog<\/a>, ISO 55001 is a global standard of asset management that will provide effective ways to identify and prioritise high-value activities. It does this (amongst other things) so that your operation is focused upon what is known to positively contribute to your business objective(s).<\/p>\n\n\n\n

In many ways, Business Architecture is where business strategy, business design and Information and Communication Technologies (ICT) meet. It will assist you in aligning all elements across multiple levels or business structures that are required to achieve your objective. <\/p><\/blockquote>\n\n\n\n

<\/p>\n\n\n\n

\"\"<\/figure>
\n

This diagram highlights the major components relevant to the application of BA to your ISO 55001 transformation:<\/p>\n<\/div><\/div>\n\n\n\n

<\/div>\n\n\n\n

Business Architecture optimises the likelihood of you achieving your objective by providing a business model proven to work. It’s a discipline for formalising processes, identifying competencies required and key performance indicators (KPI’s) that should be measured into governance, business processes and information.<\/p>\n\n\n\n

By adopting BA models that are known successfully align tactical conditions with strategic goals – ie. an ISO 55001 standard – you have effectively assured yourself that all your ducks aligned. That is, all your roles, competencies, processes, systems information are architected, and reliably embedded in the business via ICT to achieve your goal across relevant business structures.<\/p>\n\n\n\n

<\/div>\n\n\n\n
\"\"<\/figure>
\n

Asset Management, ISO 550001 & Business Architecture \u2013 An Example:<\/p>\n<\/div><\/div>\n\n\n\n

<\/div>\n\n\n\n

STEP1: <\/strong>You start with a Strategic or Business Objective. Here, we\u2019re seeking to manage High Risk Work within ISO 550001 Standards.<\/p>\n\n\n\n

<\/div>\n\n\n\n

STEP2<\/strong>: Next: you map a process that would enable that objective, across:<\/p>\n\n\n\n