Managing Benefits For Executives
Workshop Overview
(2 days executive workshop) - Benefits do not occur by chance, and value has to be defined and owned by the BOD of the organization. Learning how to effectively realize Benefits is core to strategy, portfolio and operations (Business-AS-Usual), it underpins the reason for change and why the investment is identified in the first place.Bottom line is that if investments and initiatives do not realize the planned benefits, they are considered as failure, even if their subordinate projects finished on time and on budget!This the most overlooked dimension of initiative success, especially in the post-pandemic era,whereby accountability is more vital than ever, whiledelivery and realization of Benefits are at the top of mostsenior executive list of priorities.
Learning Objectives
- Review definitions, scope and objectives of benefits management, barriers to its effective practice, and the key success characteristics.
- Apply principles and practices contained within the Benefits Management Cycle.
- Analyze the scope of key roles and responsibilities for benefits management and documentation.
- Examine approaches to implementation and the factors to consider in sustaining progress.
Competencies Covered
- Realise benefits to improve prospects in terms of investors, clients, revenue and efficiency levels regardless of professional discipline and type of organisation
- Ability to demonstrate more efficient and effective practices through better use of available resources. This enhances an organisation's ability to retain motivated and skilled change management staff and to attract investors
- Improve ROI from change initiatives as more benefits are realised and sustained for longer
- Enhanced confidence on the part of regulators and funding agencies - so helping ensure continued funding for change
- Have an organisation-wide understanding of the benefits a project or programme will produce and be able to measure when they are realised.
Who Should Attend
- Change and Transformation Directors, Senior Executives
- EPMO, Portfolio Managers and Portfolio Office staff
- Business Case writers
- Finance Professionals and economists
- Senior Responsible Owners (SRO's)/Sponsors
- Benefit Managers, Change Managers, Business Managers
Get the chance of engaging with Steven Jenner, the author of Managing Benefits Standard.
