The impact of change on the financial ratios.
For a transformation to be considered well-conceived, the executive and transformation leadership should be able to describe how the introduced changes will impact the financial ratios. How will the ratios move as result of the transformation? Without this understanding benefits realisation becomes more of an art than a science. As always, please let me have your questions or comments.
Business outcome management
Execution is hard. Its even harder when there is not a common understanding of how the endgame will be achieved. Business outcome management is structured methodology that helps ensure the transformation team and stakeholders are focusing on what they are achieving, rather than what they are doing.
Measuring stakeholder engagement
In any business transformation program, there are three primary stakeholder groups: the change team, the […]