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SWWE branch Benefits management seminar presentation


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Presentation given to the SWWE branch on 12 March 2019 in Bristol

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SWWE branch Benefits management seminar presentation

  1. 1. SWWE Branch Benefits Management Seminar BAWA Health and Leisure Club, Bristol 12 March 2019
  2. 2. 2 For information  Fire alarms  Toilets  Mobiles  Feedback  CPD
  3. 3. 3 It’s also about collaboration and and Value
  4. 4. Our Magnificent Seven! Kenn Dolan Martin Paver Claire Dellar Neil White Merv Wyeth Esther Gordon-Smith Ben Ganney
  5. 5. 5 What’s in store?
  6. 6. 6 Strategy + Implementation = Success! Strategy Integrated approach, high-level plan of action, shaping a better future Implementation Changing the organisation’s assets, attitudes and behaviours Proactive management of change that maximises benefits realisation
  7. 7. Why Benefits Management? • The rationale for investment in change initiatives Advantage • Successful delivery of benefits directly contributes towards the achievement of organisational objectives Business Goals • To realise benefits asap and sustain them for as long as possible Value • To capture and leverage emergent or unplanned benefits in order to optimise change ROI Opportunity • The basis for continuous improvement in change across the enterprise Maturity • Recognition that there is a poor track record of success in transformational change initiatives LfE • Can only be established if intended change benefits can be demonstrated! Success
  8. 8. 8 What is benefits management? ‘The measurable improvements resulting from an outcome perceived as an advantage by one or more stakeholders, which contributes towards one or more organisational objectives’ * * Cabinet Office, assurance of benefits realisation in major projects Has my investment been worthwhile?
  9. 9. Benefits Management Lifecycle* 1. Identify and Quantify 2. Value and Appraise 3. Plan 4. Realise 5. Review What benefits do we want to realise? What are the benefits worth? How do we realise the benefits? How are we performing? What can we do better? * Cabinet Office: assurance of benefits realisation in major projects Benefits Driven Change
  10. 10. Integrating Benefits and Change Management Products Vision Business Goals Context Governance Framework Controls Assurance Measurement approach Roles and responsibilities Benefits Dis-benefits Outputs Capabilities Outcomes Changes Strategic Objectives Benefit descriptions Categories Ownership Baseline performance Changes required for realisation success Benefits schedule Reviews Effort and costs Reporting Change activities Sustainability
  11. 11. Basic Benefits Theory* Output(s) Change(s) Outcome(s) Benefit(s) Objectives Implementation Planning Install Digital Smart Meters Real-time Consumer Information Two-Way Power and Information Flows Between Supplier and Customer Reduced Energy Losses Reduction in Cost of Peak Demand Embrace Smart Technologies and Innovation * Managing Successful Programmes (MSP) 2011 Edition What you produce What you do with the output What you create Measurable improvements The end goal
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  13. 13. Not fun anymore  New player(s) Defending/ attacking as a team Very difficult to beat Increased victories Win the league!  Losing most games  Not improving individually or as team  New training methods Class Room Analyses ‘Total football’ ‘Pass and move’ Better On Field Comms Game plan for every match Increased confidence Increased competence Drivers Outputs Changes Outcomes Benefits Goal(s) Implementation Planning Affecting behaviours  Benefits; they’re not just for work!
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