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Business term of the day - Term for August 19, 2013: "Business technology management (BTM)"

Business technology management (BTM) is a management science that seeks to unify business and technology decision-making at every level in an enterprise. BTM delivers a set of guiding principles, known as BTM capabilities. These capabilities are combined to form BTM solutions, around which a company's practices can be organized and improved. Business technology management also defines the expected characteristics of an organization according to five levels of a maturity model.
BTM builds bridges between previously isolated tools and standards for business technology management by strategically incorporating both operational and infrastructure levels of technology management to ensure that an enterprise’s business strategy can be realized by the technology it deploys. This structured approach is used by enterprises to align, synchronize and even converge technology and business management for the purpose of ensuring better execution, risk control and profitability.