Recovery Time Objectives

Resilience

Investment Priority

The primary value in the enterprise business data series will be the ability to distinguish and determine your own budget allowance based on the real world versus one that your functional organizations sponsor in having less than ideal proportions of legacy to current investment scenarios.

Enterprise Business Data

Data in your master records; used to segment your performance in the following;

  1. Customers
  2. Suppliers
  3. Employees
  4. Contacts from either suppliers or customers
  5. Your offers in any combination are detailed and both cost and sell price to your customers are recorded in records as part of the booking report.
  6. Expense transactions including the information in a record from any activities listed and recorded as the outcomes of interactions with these stakeholders.
  7. Revenue transactions including the information in a record from any activities listed and recorded as the outcomes of interactions with these stakeholders.

Zero Data Loss-prioritized by the fact that EBD has a purpose in every transaction and referenced from your master records which must be protected based on your legal agreements with stakeholders.

Assume this reference architecture drills into Level 2-3 in the business process hierarchy for daily event processing as children activities of either the expense or revenue records.

 

Header details for Re-Use

Date of the transaction

Date planned to complete with transfer to customer

Offer business group

Semantic Relationships with the offer

Rather than BIG Data; understand the fit for purpose concept in the original definition.  Semantic relationships do not expand data into unique silo’s you are understanding they way each function at Level 2 in the process hierarchy are referring to the offer.
There will be some difference; those are in fit for purpose and we must acquire the Real World which is just the likeness with the offer. We don’t need the make and model just need to have a place for the input and output to be enriched with the source of the offer.  In a logical or physical container.

 

Systems Thinking

Threading the business process dependencies across two primary operational requirements your asking for capabilities that allow your functional groups to perform activities for any transaction types as follows;

  1. Expense Transaction Capabilities
  2. Revenue Transaction Capabilities

Each of these two transaction types are considered the Level 2 capability in a (5) capability modeled for the real world.  The Real World will summarize these event transactions that have changed between a document to a record in electronic form at the completion of each transaction.

Graphical Perspective of the Enterprise Business Data in the Real World Model

The above graphic supplies the Enterprise Architecture components for your primary Priority with zero data loss.  When you understand the way the functional support model is designed in a Real World scenario; you find predictive ways to execute for re-use and systemic impact and dependency governance by design of an event driven architecture.

An event driven architecture predicts the flow of information and records enriched by the first entries to build a system model versus quantified maturity systems.

Assume the graphical presentation above begins at the top of the photo; as you move down the page; you begin a vertical flow of your records that publish or can be acquired by your Data Warehouse.  The only condition; the record must remain without any backend modification to the transaction record.  Electronic records seem to have been misunderstood from an audit worthy record retention perspective.  The real world will restore this vital record retention requirement by promoting the use of canned reports in your applications for operational recovery time objectives and assurance of no data loss.

  • New Risk Management Standard -ISO 30300 and 30301 November 12, 2011.
  • Zero data loss – original records capturing the FACT‘s around any expense or revenue transaction inclusive of the related children to the two types of financial statement components.
  • Sarbanes Oxley further details the granular dimensions in GAAP, to re-confirm the translation between accepted practices with real audit tracking of the dimensions that prove or disprove audit worthiness against the two financial requirements.

In lay men terms any responsible employee at any company in any industry should aspire to have confidence in their performance contributing to the companies bottom line and whenever possible to contribute to top line revenue growth.

If you do not classify the operational architecture as your critical to recover and maintain zero downtime for these activities you will be at risk for losing your accuracy and therefore become questionable for your validity in reporting to your external regulatory and watch dog oversight stakeholders.

  • What good would your resources be if they were unable to perform their duties?
    • You are losing money for every minute they are unable to perform their general responsibilities.
  • What resources have the most to lose?
    • Those who interface with your customers
    • The same customers who will want to be assured and ready to test your ability to recover based on their activities with your company.
    • The resources who interface with your suppliers;
    • The supplier needs your payments for goods or services delivered and they will need assurance that you have the same amount on the books as they expect.
  • The two stakeholders represented above are going to be the same audience for your expense and revenue transaction workflows.
    • Therefore this reference architecture focuses on the life cycle of both expense and revenue transactions in capabilities that are basic in the real world and become more functional in the Fit for Purpose layers below.
    • The real world must map the primary values that pertain to the published and validated audit reports going into ERP; based on the life cycle flow and header published to enable choices and limited responses from any business service that leads us into the way IT will supply capabilities in bundled solutions.

Generic Business Services

The following represents the IT functional dependencies for any generic business service; using an event driven architecture from left to right in order to ensure the validation using Enterprise Architecture prioritized services for the Real World delivery model.

    • A service delivery model for any IT solution; in this scenario we are aggregating the players in a business service

  • Application layer

    • Applications will need to be logically grouped by functional stakeholder which this design strategy promotes as Level 2 Process 1-5 at the top of the series you have pages to refer to in the order of the life cycle.
    • Integration across stakeholder audiences has been factored based on known design patterns and factoring the lesson’s learned in many business process and implementation scenarios;
  • Process

      • Modeling procurement as the process component to any change or the delivery of any service must factor the process whenever you are acquiring Enterprise Business Data.
        • In a real world scenario the point is true
          • Without the real world you are at risk in every case where the sponsor and technical resources are unable to clearly articulate the policies and procedures for all associated external stakeholders.
          • Key control processes must be enforced and audited with reporting of your financials including 404 assurances from your executives.
        • In a Fit for Purpose scenario this is not true
          • You can rely on your Real World scenario for the risk management and carry on in the open culture your employees are accustomed to.
  • People

    • Only the resources who are responsible for the Management capabilities are expected to understand your policies and procedures for the purpose of audit engagements.
      • Governance by design extracts the components from your Fit for Purpose model into the minimum data points used to confirm your records reported in your financial statements.
        • You need to understand the design relies on Level 2 for your executive and board of directors in summary;
          • The option to drill down on Level 3-4 will be factored in generic business services as your dashboard views which may or may not map to the Fit for Purpose layers
          • My recommendation would be to keep the two perspectives unique and contained as two purposes to ensure no threats and higher controls with due diligence performed on the real world every time
          • The benefits are far greater in scaling your governance around the vital requirements
            • People have not been truly aware of others actions outside what they know
            • People in process owner roles have responded in violent disagreement in most cases when confronted with the known scenarios
  • Technology

    • Integration between functional applications can be measured consistently in scenarios where the real world converges or takes the higher effort path of simply integrating the functional applications to retain in the maturity models proposed by many “leaders” who are operating in the fit for purpose model.
    • Those who elect to adopt the least effort path; will simply acquire published request from the functional applications that must be validated and posted to ERP.
    • Cloud enabled with security
      • By design the concept of publishing content to any source based on predefined process outputs
      • see the expense example
    • The bold lines are multi-purpose in this case we are using these transitions to measure corporate performance and the acquisition into a cloud to ensure validity of the cloud providers service.
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