Benefits SIG AGM and Chairman's report

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Posted by APM on 12th Jul 2014

The Benefits SIG AGM took place on the 18th of June. The AGM was conducted prior to PROGMs fantastic presentation by Richard Bacon who talked about why programmes fail.

Nick Wensley, the SIG Chairman, took those present though the following:

Chairmans report key facts
 We are over 5 years old!
 Membership of over 1,400
 Benefits Management becoming established
 Contributions by individuals to BM Publications
 We live in challenging times
 Ran a very successful joint event earlier this year with Portfolio SIG!

Financial  and Progress Report key facts
 Significant under spend
 Plan a series of events over the next 12 months (2014/15) building on the work to date!
 Hugo has coordinated our events over the last 12 months although each event had an owner and sponsor
 Planning events with Value Management and People SIGs over the next few months
 Planning a joint event with Thames Valley Chapter

Strategy for 2014
 Align with APM Strategic Objectives
 2020 Strategy every project succeeds
 Continue and expand events inc types
 Continue Thought leadership plus Practitioner Guidance
 Increase working with other SIGs as well as Branches
 Research and Study Tour Proposals Ideas Please (three proposals awarded funding in April this year (2014)
 Work with other professional bodies e.g. CMI
 Local businesses and professional networking groups

Election of Committee Nominations
The following nominations were received and were duly voted on to the committee
Richard Breese
Maria Kliniotou
Steve Parker
Nick Wensley
Neil White
Merv Wyeth
Hugo Minney
Bruce Phillips
Peter Glynne
John Thorpe (co-opted)
Nick closed the APM by wishing the SIG and its members another successful 5years.

Benefits Realisation Management in 2014

Following on from the Benefits Management SIGs successes in establishing the need and promoting the benefits of Benefits Management we are turning our attention to two key aspects of implementation.

The first aspect focuses on the industry sector experience of those organisations that have implemented Benefits Management. We want to encourage organisation to come forward and talk about the good and the bad experiences associated with their endeavours. It is expected that this will take the form of webinars, evening events and case study papers. 

The second aspect is concerned with developing the understanding of the organisational dependencies associated with the implementation of Benefits Management capability. The mainstream literature implies a reliance on several management disciplines and this area of study aims to identify and characterise those areas that present the greatest potential to either support or compromise organisational Benefits Management initiatives.

It is due, at least in part, to the work that the APM has done in the area of Benefits Management that the world has recognised its potential in supporting the effective delivery of change and ensuring an organisations investment in change is wholly beneficial.

It is our committees sincere desire to continue the good work that has been done to date and increase the effectiveness and efficiency of Benefits Management in the future. Please visit the Benefits Management micro-website and feel free to let us have your queries and ideas.

The Benefits Management SIG

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