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As the Managing Benefits guidance points out “BENEFITS are not simply just one aspect of project and programme management, they are the rationale for the investment of tax payer’s and shareholder’s funds in change initiatives”.
Understanding the contribution of change initiatives to organisational objectives is at the heart of effective benefits management. There needs to be a clear line of sight from strategic intent through to the benefits of change initiatives and vice versa. Where this is in place we have a basis for meaningful assessments of strategic contribution.
In this webinar, Barry Anderson, Tanner James CEO, shared his insights into the strategic impact of benefits management in the public service.
Barry looked at the drivers behind benefits management including that driver-based analysis and benefits management is two-way since benefits management should provide the data to validate and refine as necessary the business model and the assumptions upon which it is based.