The role of change is evolving
No longer just a peer to project management, change is now more about enabling and facilitating sustained business outcomes, reducing business and project risk, and realising business benefits, both within and beyond a project lifecycle.
Organisations now map and aggregate benefits more closely to their strategy, and leaders are on the hook for delivering business outcomes, not just status reports and deliverables.
Enabling, stabilising, and sustaining people change is core to business benefit realisation. Change’s role is crucial for benefit realisation within projects, as it helps bridge the gap between delivering project outputs and achieving the intended business outcomes.
Seven key reasons change is essential to fully realise business benefits
In our experience, there are seven key reasons why effective change, when it’s deployed from the inception of a project through to the completion of support periods, is essential for realising business benefits:
To maximise business benefits don’t short-change the ‘people and process’ elements of your project
Change is critical for translating project outputs into tangible benefits. By focusing on the people and processes as much as the systems you will support the conditions needed for successful adoption, sustainability, and the overall realisation of business benefits that help organisations consistently achieve their strategic objectives and deliver on their commitments.
How we can help
Benefits Management and Realisation
Our benefits management service helps organisations realise, track, and maximise the benefits of their projects, programs and initiatives.
Our approach
To achieve a complete benefits management process within our client assignments, here are some core principles that we use:
- Project and change leaders are peers and the technical and business focus of a project or change initiative is equal
- Benefits are always mapped and aligned to business strategic objectives
- Benefits are tracked and measured in coordination with business owners and business performance metrics, regardless of whether the benefit is financial or non-financial
- Benefits are by the business and for the business; they are not the construct of the project bubble!
- Culture and behaviour are crucial considerations in realising benefits; they cannot be done to people!
- Change plays a pivotal role in driving benefits management and realisation. Sponsors should ensure that their change partner has the necessary aptitude and attitude to take this on with them.
About Blue Seed
Engaging in effective change management isn’t just about immediate gains; it’s about building a resilient, adaptable organisation that consistently achieves its strategic objectives and has the ability to change woven into its DNA.
Our specialist expertise is focused on how change can be approached to deliver the most positive outcomes, unlock opportunities to do better and be better and develop organisational and individual change capabilities to ensure change is embedded and sustainable within your organisation.