Business Architecture at T. Rowe Price was not a linear, well-thought-out business strategy to create a business architecture practice or team.
Business Architecture literally became an overnight strategic necessity as our Fortune 500 financial services firm had doubled in size and expanded to serve clients in over 50 countries in less than 4 years.
This is the story and lessons learned of how a swat team of four associates with no Business Architecture training or backgrounds came together to become a business architecture practice and in less than 2 years and enabled a global, organization-wide dialogue on accountability and capability ownership – a foundational journey that has yielded significant business value for T. Rowe Price – and is positioned to pay dividends for years to come.