ABSTRACT

This chapter considers the financial benefits of the techniques and it ensures that one's investment in projects will make the biggest difference. The chapter is about making sure this does not happen, so one can concentrate resources on delivering the right benefits, with confidence, for their strategy. Projects and programmes are drivers of change, which can be aligned against the objectives on a strategy map and one's scorecard. Some local projects might simply be incremental operational improvements at a local level: cost-effective, short-term and sensible investments to improve operational efficiency, rather than intended to bring about substantial change. They may have a sensible business case based upon their financial return. Investment alignment may involve the design and creation of a new set of programmes of change with completely new projects. It may cause existing projects to be realigned, incorporated or even culled. This can save you a considerable amount of money, time and energy.