Value Lifecycle Management - White Paper
Most organisations invest in the 'idea' of 'value' but
not the practical means to assure its delivery.
As you look across your organisation, do you recognise any of these symptoms?
- A failure to deliver 'Value' in previous projects
- The absence of a high quality decision-making process for assessing investment potential
- The absence of high quality processes for managing Change
- Running multiple major initiatives with the risk of initiative overload
- Improper sequencing of initiatives
- No proper integration
- Initiatives frequently running over time and cost
- The absence of promised 'Value'
- Very low levels of investment in Programme and 'Value' management
If you recognise just one of these symptoms, you are at risk of
losing 'Value'. If you recognise three or more you
are already losing something like 25% of your 'Change' investments.
These symptoms are fuelling the frustrations and tensions that
stifle both business-to-business relationships and the relationships
between senior executives and their middle managers.
In the case of business-to-business relationships, Sellers
are frustrated because they can't translate their value-based solutions into
bottom-line profit. Buyers are frustrated because they frequently don't
achieve the value they expect from those solutions.
In many large organisations the same dynamic plays - Senior
executives broadly know what needs to be achieved by way of improved value
generation but are frequently frustrated by a lack of delivery from
their middle managers.
Both parties stand on opposite sides of the value-gap and blame each other.
The value gap - the high cost disconnect between value promised and value achieved.
The trouble with 'Value' is that it's invisible. And it remains
invisible right up to the point where you have to account for it. Only
then will you know whether it has, or has not, been delivered.
This is what drives senior executives crazy.
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