Article written by: Austin Watene
Business benefits refer to the positive outcomes that an organisation achieves through transformation programme. All change within an organisation is aligned to the organisational Strategy. The specific strategy which mandates the change is defined as the transformational strategy.
The business benefits refers to the main drivers of the overall transformation strategy. The business benefits are used throughout the subsequent change activities and reported on to the leadership team. These benefits are grouped at a high level into two main groups:
Benefits are achieved when change management is successful. A structured change management approach increases the probability of successful change management through the successful realisation of these benefits. Change management practices ensure employees are well-equipped to handle changes and adopt new systems, processes, and ways of working more efficiently. This results in increased benefits, efficiencies, streamlined workflows, and improved customer care.
Measuring success starts by defining success for the change project. We consider realising the change benefits through metrics both
Quantitative and
Qualitative. Quantitative benefits are usually based around numerical and easily measurable data. In contrast, qualitative benefits are dependent on personal accounts or surveys which capture how people think, feel or respond to their environment and each other.
Both measures require assessment before, during and after the transformation.
Measuring success in change management starts by defining key performance metrics, both quantitative and qualitative. The programme should consider:
The following measures can be considered to determine if the transformation obtained the defined organisational objectives and associated benefits.
Measuring individual progress can serve as a leading indicator of success since the individual is the unit of change. The following measures can be used to determine how far along the affected people are in their respective journeys:
Program benefits refer to the outcomes that can be achieved through the change initiative or program. These benefits include completing the program within the allotted time frame and budget, and realising the planned qualitive (e.g. financial, call time, order numbers) benefits. These metrics are the tasks the transformation team completes, they include the management and tracking of planned change management activities:
These measures need to viewed with an understanding of other external and market forces which can positively and negatively impact results. Some obvious measures include:
Change doesn't happen overnight, nor do the benefits associated with change. Depending on the scale of the organisation or the change team, it can take time to process and fully realise the benefits. Using the above measures will help measure the benefits to the businesses and the adoption of change. The benefits will ensure the organisation's long-term goals are achieved when measured and reported efficiently and correctly.
Free On-Line Change Management Methodology that enables individuals and organisations, especially those previously without access to effective change management programmes, to deliver more effective community and country programmes which improve prosperity and save lives.