Strategic architecture is the way that a business comes together from the ground up. This includes such pieces of information as the stakeholders, the mission and the vision of the company. Other important aspects include the plans for operation, the core strategies and the actions needed to accomplish them. Without a strategic architecture, a business is likely to falter because there are only so many resources available to meet goals at any given time. The strategic architecture, created by business experts, provides a long-term view of how the organization will grow, develop and succeed, and it often includes the technology that will support the company throughout the process.
A strategic architecture provides a living reference for a firm’s structure and behavior. A critical part of top management’s job is to understand that structure, ensure that it is well designed, and steer its performance (Keough & Doman, 1992). A well-developed strategic architecture is a powerful tool, both to resolve specific issues and to guide the performance of the entire enterprise strategy.
- Definition: What is Strategic Architecture? Wisegeek