The Benefits Management SIG held a webinar on Tuesday 10th May which explored the development of Benefits Management over the 25 years and debated the barriers to its adoption and embedding in organisational practices, with three audience participant polls.
The webinar was relevant for anyone who is an enthusiast for Benefits Management and wishes to promote its uptake, as it provided vital intelligence on others’ experiences, and hence suggested some of the pitfalls to avoid and the avenues to pursue. This often means striking a balance between, on the one hand, being willing to adapt benefits management so it fits into existing organisational practices and ways of thinking while, on the other hand, not compromising on the key principles.
While Benefits Management has spread globally, the available evidence suggests that relatively few organisations embrace it wholeheartedly. There are many reasons why this might be the case, ranging from the connotations of the term ‘benefits’ to discomfort amongst senior decision-makers at the increased accountability, transparency and formality which Benefits Management brings to the evaluation of investment decisions.
The speakers, Richard Breese and John Thorp, shared their insights, thoughts and experiences of companies adopting benefits management. After the webinar the speakers have compiled answers to the questions posed to them during the recording and these can be found attached below.
Richard and John have very kindly allowed their material to be made available for viewing.
The slides and webinar recording are available in our APM resources area and also below for reference.