Business management is the way of conducting and controlling the business capability, resources and activities.
Business Management Capability
The business management capability is the business capability system which functions to realize the management of mission, markets, capabilities, talent, and operations.
The purpose of the business management capability is to enable and assure the abilities of governance, organization, integration, assurance, compliance and management of the mission, markets, capabilities, talent, and operations of the enterprise.
Business Management
Business management is the business capability management of the business management capability.
The purpose of business management is to enable and assure the management and abilities of the business management capabilities of the enterprise are controlled, balanced and aligned to the mission and needs of the enterprise as a whole.
Business Management Responsibilities
The business manager role is responsible for business management of the business management capability.
Business management work products include business management ideas, requirements, plans, risks, opportunities, reviews, decisions and action items. Specific examples include, business management requirements, business management plan and quality management plan.
Business Management Architecture
The business management architecture is the business architecture of business management of the business management capability.
The business manager role uses the business management architecture to support business management responsibilities and activities.
The purpose of the business management architecture is to provide a management structure to enable and assure the business management capability of the strategy, markets, capabilities, talent, and operations of the enterprise are controlled, balanced and aligned to the mission and needs of the enterprise as a whole.
The structure includes program/project management, contract management, financial management, subcontract management, procurement management, configuration management, data management, records management, property management, workforce management and quality inspection.
Business Management Architecture Responsibilities
The business architect role is responsible for architecting the business management architecture in support of the business management responsibilities of the business manager role.
Business management architecture work products include business management architecture concepts, descriptions, models, views, viewpoints, specifications and analyses. Specific examples are organizational models, tactical actions, information mappings, business mappings, dashboards and value stream analysis.
Business Management Team
As shown in Figure 52 – Business Management Team Concept, business management is interconnected with and interdependent on enterprise management and integration, process management, information management, IT management, system management and service management.
Figure 52 – Business Management Team Concept
Within the business capability business management is interconnected with and interdependent on mission, markets, portfolio, talent and operations.