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Effectively managing an enterprise requires a high degree of business coordination and alignment across diverse departments, or “Business Communities”, within the organization. Examples of Business Communities are Sales, Manufacturing, Marketing, Planning, Finance, Distribution, and Procurement. Cross-departmental, or "Virtual" Business Communities may also be formed, sometimes temporarily, and typically to drive a particular project or initiative. Business Communities may measure performance in different ways, use different sources of information, and take actions without consideration of how other parts of the business may be affected. Results of these inefficiencies can include lost business value as a result of data-to-action time latencies and/or a course of action that does not maximize profit for the company as a whole. |