item2
item4
item4

FREE REPORT: 3 Actions to Double Your Efficiency at Work

item4

To get your FREE REPORT, click here

item4
item4

UNIQUE CHANGE MANAGEMENT WORKSHOP
in-company and truly tailor-made. Info here

item14

RSS feed of Nick's updates

LAST PUBLISHED ARTICLE:

From Action-ready tools / Strategies
 

Business cases: "What for" and "How to"?

Business cases are mostly used in companies to prepare a major change, introduce a new project, or propose a new investment. Their impact is crucial as implementation will affect the whole organization significantly. A business case can also be the rationale for substantial reorganization or re-engineering.

A few examples: Align key services with a re-defined strategy, like a new IT project funding; rejuvenate a mature activity, like a customer service; launch a new venture, like a call center; look for improvements for ailing areas that need a full redeployment, like service delivery, product reliability or product information systems.

Basically, to put it simply, a business case should ideally demonstrate that its application will bring more benefits, with less costs, less risks and in less time:

→ 12 prerequisites before you to get started

Before you fire off with the first lines of your business case, you obviously are aware that this is not a simple fill-in-the-blanks exercise. Just to give you a few ideas on how to set up your structure and start an acute analysis, here are 12 prerequisites that I consider vital to maximize your chances of "selling" your business case internally and succeed in its implementation:

Hope this short description helps!

If you need a hand, drop me a line here.

___________________________________

Next article coming soon
 


All texts and pictures COPYRIGHT © 2005-2010, I&C LLC. All rights reserved.
SmilingResults is offered by I&C LLC. We are based in Ottawa, Ontario, Canada

item14b

Stay updated with RSS

Share/Save/Bookmark
twitterfollowme2
item9

Tip of the Week #11: While preparing your strategic action plan, go through a thorough screening process of all options with your team and think out of the box.

item3

How to boost your efficiency at work and enjoy Monday mornings

Build up a stressless mindset and go for results only

nickpicgold2
homei10

Nick Paulus

logoIC
item8b
item9a
item12b

We have more than 500 proprietary pictures to be used royalty-free in your business.

Want a FREE sample of 25 for your next presentation?

Simply click here for immediate download.

Download your PowerPoint guide

item6

This 2-page guide is the essence of PowerPoint best practices for business presentations.

Mastering these contents enables you to set up great presentations to convince your audience.

Download it here

Your free Confucius e-Lessons + booklet
by email
here

item12a1

We have more than 500 proprietary pictures to be used royalty-free in your business.

Want a FREE sample of 20 for your next presentation?

Simply click here for immediate download.

Toolbox to correct things gone wrong

Need pictures for your next presentation?

Improve your bottom-line starting today!

Free download here

item9a1
TPG30cover090517

The first 32 pages of this 167-page eBook at your fingertips for free here!

Already in its 3d edition, this eBook is your Pocket Bible to address all major issues in your business.

It's full with practical tools and strategies for you to use immediately. Try it at no risk! A true giveaway here for your free download.

item5a1
greybackground

Check your PowerPoint now

Winning
action plans

Let's check your plan together. Free structure overview TODAY.

Get feedback here

Succeed with your next presentation.
Free check by a pro.

Review of your slides here

Share/Save/Bookmark
bizcaserules001

1.

Business case team must incorporate all required competencies.

2.

Scope of the business case must be crystal-clear and cover all critical items.

3.

Key success factors have to remain down-to-earth and rather conservative.

4.

Key issues demand careful impact measurement.

5.

Cost/Benefit analysis should be proven and extremely factual.

6.

Benefits should be tangible, well-identified, consistent and financially valued.

7.

Data must be correct, recent, covering all aspects: double-checking is essential.

8.

Payback / DCF / IRR models as used in your company are musts and complement financial tables.

9.

Investment life time must be precisely explained.

10.

Executive summary must contain all key items for decision making.

11.

Business case model agreed on must be strictly applied and not escaped or —worse— manipulated.

12.

Follow-up must happen on a regular basis.

lessonscoverb presentation_checklist.fin2 stepsb Toolbox to correct things gone wrong