realising benefits through collaboration
TRANSCRIPT
©ChangeDirector UK Ltd 2002-2016
REALISING BENEFITS THROUGH COLLABORATIONAndrew Hudson16th March 2016
©ChangeDirector UK Ltd 2002-2016Page 2
HOW ORGANISATIONS WORK- One way of looking at it….
Investors
Partners
Run
Stakeholders
Customers
Govern Change
Marketing & Sales Operations
Finance TechnologyProcess People HR Legal & Risk
Projects & Programmes
Products & Capabilities
Strategy Leadership
Objectives KPIs Targets
Suppliers
Organisation ABC
©ChangeDirector UK Ltd 2002-2016Page 3
WHAT ARE SOME OF THE CAUSES OF BENEFITS REALISATION FAILURE?
Investors
PartnersStakeholders
Customers
Govern ChangeProjects & Programmes
Products & Capabilities
Strategy Leadership
Objectives KPIs Targets
Suppliers
Organisation ABC
SO HOW DOES BETTER COLLABORATION HELP?
RunMarketing
& Sales Operations
Finance TechnologyProcess People HR Legal & Risk
©ChangeDirector UK Ltd 2002-2016Page 4
BEING CLEAR ON OUR STRATEGY
©ChangeDirector UK Ltd 2002-2016Page 5
BEING MORE OBJECTIVE AT PROJECT DECISIONS
THE RISK BENEFIT ANALYSIS SAYS NO, THE COST-BENEFITS ANALYSIS SAYS MAYBE, AND MY GUT
FEELING SAYS “GO FOR IT”!
©ChangeDirector UK Ltd 2002-2016Page 6
BEING MORE OBJECTIVE AT PROJECT DECISIONS
©ChangeDirector UK Ltd 2002-2016Page 7
VALUE IS THE OVERRIDING PURPOSE OF A PROJECT…not Deadlines and Budgets
©ChangeDirector UK Ltd 2002-2016Page 8
ESTABLISH BENEFITS MEASUREMENT AS A CLOSED LOOP
OldSpend
Project Saving 5
Project Saving 4
Project Saving 3
Project Saving 2
Project Saving 1
Saving Target
£650m£45m
£5m
£12m
£3m
£7m
£8m
BAU Spend Target
Spend
£680m
£635m
©ChangeDirector UK Ltd 2002-2016Page 9
ESTABLISH PROCESS MANAGEMENT PRACTICES…To manage change and benefits realisation
A collaborative process tool – ‘core’ is freeAdvanced Beta Version Availablehttps://app.q9elements.com
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DISCOVER & SHARE THE MEASURES THAT MATTER…To inspire performance and better teamwork
+ Lead times; Costs; Quality; Satisfaction
©ChangeDirector UK Ltd 2002-2016Page 11
CONCLUDING THOUGHTS
Major opportunity to improve benefits realisation through collaborative and more integrated practicesExpect new leaders to emerge who will drive these practices into organisationsMore people need to drive benefits from the organisational areas not the projects
Please contact: Andrew [email protected]: +44 145009
THANK YOU