Thursday, September 8, 2005

Critical Challenges Facing Business and IT Today

I was looking through some presentations I gave five years ago and found a list of critical challenges facing Business and IT. These problems could be solved using a business rules approach and BR technology. I'm afraid many companies that haven't climbed aboard the business rules train still face many of these challenges today.

Now that I'm blogging, I thought it would be a good idea to "externalize" this list and make it available on the Web. I'd like to keep adding to this list over time. And of course I welcome your suggestions or additions.

Critical Challenges Facing Business Today

  • Compliance with external regulations/laws and with internal policies/rules
  • Ability to change business rules instantly
  • Managing knowledge
  • Managing business rules
  • Re-engineering and simplifying business rules and business processes
  • Product development time to market
  • Application development time to market

Critical Challenges Facing IT Today

  • Dealing with rapid business change and increasing complexity
  • Time to market
  • Increasingly complex business rules
  • Changing or adding business logic can break existing logic
  • Business rules aren't properly documented
  • Business logic duplicated across systems
  • Building flexible systems that can support unknown future requirements.
  • Many systems today limit what the business can do
  • We don’t know the rules in our systems, yet these systems run the business
  • Existing rules may actually be inherited system constraints
  • Different IT units document business rules differently, if at all
  • Business people speak business rules, yet IT speaks data and code
  • Managing knowledge, especially business rules

The business rules approach and business rules technology can help solve each of these problems.

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