Value
Ghost benefits and real project benefits
Ghost benefits are scary. They threaten to use up your money, time and reputation with nothing to show for it. Ghost benefits are the imaginary gains from projects that haunt business cases, PowerPoint presentations and project meetings. Most people know they aren’t real but they won’t say anything in case little Jimmy still believes in…
Read MoreProject rescue – a simple guide
A project rescue is a structured approach to save a failing project. Your project fails when quality, scope, budget, or schedule does not meet expectations. It can also fail because the business case no longer stacks up. Projects exist to implement strategy so a project rescue saves your strategy and maybe your business or your…
Read MoreProject success vs organisational success
Projects implement strategic change. If a project meets its goals (succeeds) then the organisation meets its goals (succeeds). Right? Well maybe. Let’s take a closer look at success, value, strategic goals and what they mean for projects and organisations. What does success look like? Are project managers responsible for project delivery or for strategic goals…
Read MoreBack office projects can deliver clear payback
Payback on back office productivity projects Back office productivity projects should deliver clear payback. That may be reduced process time, less rework, fewer errors, faster throughput, less waste, fewer handoffs, fewer complaints, higher staff satisfaction, better profitability, more timely data, higher customer satisfaction, etc. These benefits can and should be defined and measured. They can…
Read MoreUnleashing the improvement mindset
Unleashing the right mindset for improvement is key to success. This week’s blog is different. It is not about our firm, our work or our people. It is about a book from one of the most positive people I know – Darcy Mellsop of CILab. Productivity and continuous improvement New Zealand needs to improve its…
Read MoreThe Value for Money (VfM) gap
What is the Value for Money gap? The value for money gap is a lack of confidence that money is being spent on the right things and in the best way to get desired outcomes. It arises when spending choices do not reflect perceived priorities and when spending is seen as wasteful. It is subjective…
Read MoreBack office key to delivering strategy
The back office is key to delivering strategy. Operational excellence is a deliberate state created by people, processes and systems aligned to create value. It doesn’t happen by accident. We know that making back office functions work better is more effective than wholesale cuts. Optimising back office operations is strategically important. In fact, a well-designed…
Read MoreERP return on investment (ROI)
Enterprise Resource Planning (ERP) systems promise benefits but it takes time and effort to achieve the promised results. You need a recipe for success. An ERP system return on investment (ROI) is not guaranteed. In 2012, Auckland city forecast a NZ$10 million per year return on its SAP ERP system investment of NZ$71million. By 2014…
Read MoreBenefits are at the centre of change
Benefits are at the centre of change. Organisations change because of the promise of benefits, or beneficial outcomes. Benefits matter. Disruption is worthwhile to gain efficiency, increase revenue, reduce cost, increase security, achieve growth, solve a big problem or create new products and services. We all like benefits which is why business cases are full…
Read MoreCreating value is what really matters
The purpose of organisations is to create value. That seems obvious but if you take a close look at most workplaces you will see lots of time and money spent on things that don’t add value. Remote decision-making holds up work. Inventory ties up cash. Property is underutilised. Smart people can’t contribute fully. Processes aren’t…
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