Using the Business Ontology to Develop Enterprise Standards

The Business Ontology presented in this publication has taken the Global University Alliance's members over a decade to research and develop, spending hundreds of 'man years' to create. One of the major challenges facing practitioners and their interactions with academia is overcoming a presently fragmented way of thinking, working and modelling around enterprise concepts. Business frameworks, methods, approaches and concepts currently have their own vocabulary. Each of these vocabularies has its own definition of terms, including conflicting visual representations. Moody, 2009 This paper therefore elaborates on how the academics have created a rich business taxonomy, defined enterprise meta objects, semantics, enterprise layers as well as the related artefacts. These artefacts have been constructed rigorously to meet up to academic standards and need to be relevant for practitioners as well. Sein, Henfridsson, Purao, Rossi, & Lindgren, 2011 The objectives are therefore to share the business ontology and elaborate on its research and development journey, and how the business ontology helps to remedy the inconsistent use of business relevant terms and the semantic relations between them to create the basis for enterprise relevant models and meta-models. In addition to that, it provides practitioners with the ability to map them to their various ways of thinking, working and modelling. The business ontology will be introduced as a domain ontology and the paper shows how it can be used to develop enterprise standards and industry standards.