According to Allen (2006), enterprise analysis is one of the benefits derived from using RAEW analysis. It ensures effective sharing of information across the organization that is achieved through appropriate distribution of management of responsibility. The RAEW analysis of a financial institution is shown below:
The division is responsible for performing business policy formulation function but it does not have authority to do so. The division has authority to perform call/sales program but is not responsible to do so. The division has the responsibility of perform exceptional monitoring but does not have the expertise to do so. The division does not perform the work for the market segment analysis function although it has authority and responsibility to do so.
The division will incorporate processes, such as ensuring definition and maintenance of timeliness, accuracy, retention period, security rules, and response time associated with the data and verifying that the rules imposed adhere to the attributes of the existing applications. The division should also ensure verification of crucial data, especially in cases of missing data and collection of data at the source. The marketing division needs to reengineer its business processes to ensure responsibility and authority that is necessary for creating control on applications portfolio that require optimal data sharing (Leondes, 2010).
References
Allen, P. (2006). Service orientation: winning strategies and best practices. London: Cambridge University Press.
Hutt, A. (1994). Object analysis and design: comparison of methods. New York, NY: Wiley.
Leondes, C. (2010). Intelligent knowledge-based systems: business and technology in the new millennium. Springer: Springer.
