- In order to truly be viewed as a strategic leader in the eyes of the business units, the CIO must be prepared to spot opportunities for organizational growth and build the case to actually make it happen.
- The business case is still the primary vehicle to gain the necessary support and resources from the business to execute on IT projects.
Our Advice
Critical Insight
- Even if you think you are certain of a project’s benefits, or the desired/necessary functionality, you are probably wrong (in fact, there’s a 70% chance that you are wrong).
- Take the minimum viable approach to start ALL projects to improve your speed to market, speed to scale, and speed to benefit.
Impact and Result
- The CIO needs a structured approach to build the case for projects that not only helps the project get funding, but realize benefits as well.
- Our approach guides you through effectively designing a solution, de-risking a project through impact reduction techniques, building and pitching the case for your project, and applying the business case as a mechanism to ensure that benefits are realized.
Workshop: Fund Innovation with a Minimum Viable Business Case
Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.
Module 1: Solve Someone’s Problem
The Purpose
- Introduce the methodology.
- Design a solution to a problem.
Key Benefits Achieved
- Value proposition design techniques learned.
Activities
Outputs
Introduce MVBC methodology.
Discuss business problems.
Canvass for a problem.
Design a solution.
- Value Proposition Canvas
Module 2: Determine Benefits and Impact
The Purpose
- Define the benefits of the solution.
- Generate a paper prototype of the solution.
Key Benefits Achieved
- Understand what value your solution will bring.
- Understand the user experience that someone using your solution will have.
Activities
Outputs
Define the benefits.
Craft a value proposition.
- MVBC Document
Discuss impact reduction techniques.
Introduce prototyping.
- Prototyping Workbook
Map the user journey.
Module 3: Plan the Project
The Purpose
- Develop a roadmap for the project.
- Analyze the stakeholder environment and engage with them.
Key Benefits Achieved
- Project roadmap defined.
- Stakeholders engaged.
Activities
Outputs
Establish project stage gates.
Discuss risks and mitigation.
- MVBC Document
Perform stakeholder power mapping.
- Stakeholder Power Map
Co-create the vision.
Module 4: Prepare the Pitch
The Purpose
- Finish the MVBC document.
- Practice the presentation.
Key Benefits Achieved
- Project approval.
Activities
Outputs
Finish the MVBC Document.
- MVBC Document
Practice the pitch.
Discuss next steps and scale the approach.