Discover effective strategies for creating a robust business case in organizational change, featuring insights from J-M Erlendson and Roland Woldt on collaboration, stakeholder engagement, and quantifying benefits.
A new podcast episode of What’s Your Baseline was published on May 30, 2022:
Overview:
In this episode, the hosts discuss the importance of creating a formal business case during the change process. They cover the collaborative nature of this task, highlight the necessary components, and provide actionable tips for effective business case development.
Core content:
- The creation of a business case involves collaboration across various stakeholders, rather than being a solo endeavor.
- Understanding the need for a business case is critical for securing stakeholder buy-in and executive approval.
- High-level steps and information required for developing a business case are outlined to guide readers through the process.
- Unquantifiable benefits, risks, and costs associated with a project are just as important as quantifiable measures in a business case.
- The role of continuous feedback and iteration plays a significant part in refining and finalizing a business case.
Learnings:
- Listeners will learn about the collaborative process of building a business case and identify key stakeholders.
- Effective methods to quantify and qualify benefits, as well as addressing costs, will be explored.
- The significance of aligning changes with organizational goals and strategies will be emphasized.
- Strategies for managing stakeholder expectations and addressing potential conflicts will be discussed.
- Understanding how to present a compelling business case to management can increase the likelihood of project approval.
The original content was published in English.
