Wednesday 18 July 2012

Benefits Realization - part of the solution?

Why do people and organizations invest in change when they are often not clear of:

  1. What benefits they really want in return for their blood, sweat and tears?
  2. What really needs to be done to get them?
  3. If they are on track to get them along the way?

Without being clear on these surely they are likely to be disappointed. Most don't seem to learn. 
This is a good place to start the 5% campaign - realizing benefits from change is part of the future.  


Known by many names, benefits realization (project benefits management) is surely one of the areas we need. At over 15 years old the area has been bubbling under the radar of most businesses and programs. 


If you are involved in, responsible for or a victim of change then it's worth paying attention to the area. It could help you achieve more not just in your work life but also in your personal life too.


I'll be dipping into the area more and there is a growing amount of materials on the Internet. It's an area I'm passionate about.


Good books include:
  • John Thorp - The Information Paradox
  • Ward, J. and Murray, P. (1997), Benefits Management: Best Practice Guidelines.
  • Bradley, G. (2006), Benefit Realisation Management – A practical guide to achieving benefits through change
There is also software to help: 

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