Business Change and Benefits Realisation
Why organisations need a Benefits Realisation Framework Every organisation engaged in business change projects/programmes should have a benefits realisation framework, to maximise the impact of change, and to avoid common pitfalls of change programmes (1). Benefits realisation includes the long-term process of embedding and maximising potential benefits following change projects. Benefits are rarely automatic. They…
Read More >>Writing problem statements for Business Cases In this post we discuss: how to develop a clear problem statement; why we need one; common mistakes to avoid; and provide tips on how they can be improved. Why do we need one? When developing a business case, it is often hugely useful to include a clear problem…
Read More >>Setting Smart Project Objectives – An Example All projects, especially ‘business projects’ benefit a great deal from having crystal clear objectives. However, no matter how obvious this statement may seem they are often far from clear or even plain wrong. ‘SMART objectives’ also helps with this question but in the world of projects, this discussion can…
Read More >>Why defining ‘benefits realisation’ through ‘investments’ does real damage: Benefits Realisation is a new concept, having only come about in the last decade or so. As such its application and definition are not yet mature. It is applicable to all aspects of public and private sector activity where any form of change is being sought that is…
Read More >>What we call things really matters and here is why: Over the past decade the topic of benefits realisation has emerged and is gaining much interest. In some circles it is being referred to as benefits management. We do not agree with this and here’s why. The goal of the concept is to provide real focus on, and…
Read More >>This is not semantics: it is critical to delivering benefits There are discussions on LinkedIn etc around the slow rate of take-up of benefits realisation and why this may be. Some argue the language does not help and may contribute towards the rate of take up. Within these discussions some are suggesting what it could be…
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