If you just did one thing to increase your project’s value this would be it. To work with the business and project team to define your project’s true ‘desired business outcomes’.
Desired business outcomes are different to objectives, outputs, deliverables and alike in that they
Desired business outcomes describe what the business really wants, where it wants to be at the end of the project. This is often quite different to where it initially says it wants to be.
It uses neuroscience techniques to get behind the conscious aspirations and expectations of the business, to reveal the non-conscious requirements resident in the business’ ‘deep smarts’.
So many of the problems on projects with “unrealistic expectations”, changing requirements, dissatisfaction with project outcomes and alike stem from the lack of clarity about what the business’s desired outcomes really are.
Once the outcomes are known and agreed all aspects of the project can be focused on their delivery. This is the VDM difference. And, as the realization of the business benefits are based on the delivery of the outcomes, this increased focus on the outcomes automatically increases the value realized.
The “How to define your ‘desired business outcomes“ Guide takes you through two alternative approaches to defining these outcomes.
One approach allows just two people to generate a list of desired business outcomes, whereas the second approach is workshop based. Both approaches produce the desired results.
Definition of your ‘desired business outcomes’ changes the language, understanding and focus of your project. (This process can be applied at any time before project implementation to identify the real intended and (sub-consciously) expected outcomes.)
It moves the goal of the project to business success measures rather than project or financial measures. Most projects have between 8 and 15 outcomes.
For example, the project objective of
“Provide online access to view the imaged signatures and account authorities to approved users across the Group”
Becomes a defined desired business outcome of
“We have one complete accurate timely central electronic
“source of truth” for signature and authority data, accessible
Australia wide, for all customers and accounts regardless of which
system they are held on allowing the branches to undertake signature
and authority checks at the front desk, and which eliminates duplicated
or inconsistent authority data and removes signature and authority
cards from the branches.” Measure: Do we or don’t we?
This latter ‘desired business outcome’ describes a state that all
parties in and around the process can relate to, understand and work to
make happen. The former statement says little and certainly does not
convey the richness of the true goals — single source of truth, removal
of cards, front desk usage, etc. Under the former description of the
project’s objective a solution could be delivered that did not achieve
any of these single source of truth, etc outcomes (with the resultant
business angst).
This is why it is so important to take the time to define your ‘desired business outcomes’ in full.
It is a very iterative process — as our case study workings document illustrates. Each word on the outcome statement is important. For example, do you want the system to ‘enable’, ‘encourage’ or ‘enforce’ checking? The answer is important for the solution’s design. Unless this desired outcome is clarified the business may want to ‘enable’ but the system is designed to ‘enforce’. This type of mismatch between expectations and solution are a constant source of business frustration and dissatisfaction.
Our “How to define your ‘desired business outcomes’“ Guide takes you through the process for defining and refining your outcomes to ensure they meet all of the definition rules so as to have maximum effect.
Your ‘desired business outcomes’ are a key component in The Value
Equation™ as outcomes are the vital, but usually missing, component in
the end-to-end value generation and delivery process.
This Guide gives you the most powerful tool available to
This is truly the ‘holy grail’ for projects.
The definition of ‘desired business outcomes’ in conjunction with benefits identification often generates a dramatic increase in a project’s value, thereby making much easier the project’s justification. (See How to identify your project benefits guide)
This Guide should be read and used by
This Guide is supported by a comprehensive Case Study that spells out and illustrates the very iterative nature of this process.