Businesses define success as achieving profitability via strategic initiatives that maximize their return-on-investment, where people, processes, and tools/technology are strategic weapon in enabling organizations to have a competitive advantage in achieving their business goals. In today's a highly volatile environment involving a global, vigorously competitive, and unpredictable market filled with opportunities and risks resulting from constant change and ever-increasing complexity, businesses can only succeed by addressing market challenges and competitively achieving business goals. Competitiveness (or having a competitive advantage) involves the ability of an organization to pro-actively minimize risks and capitalize on opportunities while, not simply sustaining, but thriving in a highly volatile environment and adding value by increasing quality, reducing costs, and reducing time-to-market. Fundamentally, productively delivering quality in a timely and cost-effective manner. This paper elaborates on reuse and the application of the UML.
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