OGBA-101 VCE Exam Download

According to the TOGAF standard, business models are used to understand and describe the business itself, including its organization, its objectives, and how it operates. This understanding is crucial when defining an enterprise architecture as it provides a frame of reference. Business models help in identifying new capabilities that the business must develop to achieve its future state as outlined in the target business model. These capabilities may be processes, information, or technologies that the business must adopt or adapt to fulfill the strategic objectives and deliver value. TOGAF emphasizes the alignment of IT with business strategy, and the business model serves as a key link in ensuring that the capabilities delivered by the enterprise architecture will enable the desired business outcomes.

Value networks are an approach to model, measure, and analyze business value that is primarily concerned with identifying the participants involved in creating and delivering value3. Value networks focus on the relationships and interactions among the participants, such as customers, suppliers, partners, employees, and other stakeholders3. Value networks can help to understand how value flows through the network and how it can be improved or optimized.

According to the TOGAF Series Guide to Value Streams (Version 1), a value stream stage is defined as “a distinct part of a value stream that represents a group of activities contributing to an overall result” 5. A value stream stage can be expressed as a noun phrase that indicates what outcome or state is achieved by completing the stage5. For example, some possible value stream stages are “Product Ordered”, “Payment Processed”, or “Customer Satisfied”. The example value stream shows how an online retailer creates and delivers value for its customers by performing five value stream stages: “Acquire Retail Product”, “Advertise Channels”, “Display Products”, “Enable Selection”, “Process Payment”, and “Deliver Product(s)” 5. Therefore, the value stream is decomposed into five value stream stages.

A value stream is an approach to modeling business value that focuses on the end-to-end sequence of activities that an organization performs to deliver a product or service to the customer. This perspective is designed to help organizations understand the full lifecycle of value creation, from the initial customer demand to the final delivery of value. It provides a holistic view of the flow of value through the organization and is instrumental in identifying areas of waste and opportunities for improvement to enhance the overall customer experience. Value streams help in visualizing and optimizing the steps necessary to effect change in the business processes and systems that create value for the customers.