Most programmes measure activity delivered. We measure benefits realized. Here's why it matters and how to do it.
Most transformation programmes measure the wrong thing.
They track:
They don't track:
Result: Programmes that deliver activity but not value.
Example programme:
Benefits realisation: 0%
Question: Did it succeed?
Traditional view: Yes (delivered what we planned). Our view: No (achieved nothing that matters).
Our approach: If benefits aren't achievable, stop spending money.
Sounds obvious. Rarely happens.
Why? Because stopping a programme is politically difficult. Admitting a business case was optimistic is career-limiting. Continuing feels safer than stopping.
Reality: Spending £2M to achieve £0 benefit is worse than stopping after £500K.
1. Benefits First
Start with the outcome, work backwards:
2. Measurable & Specific
3. Accountable
4. Tracked Throughout
Month 6 finding: Benefits aren't achievable as originally scoped.
Options:
Most consultancies: Keep quiet, keep billing.
Us: Have the hard conversation, recommend stopping if benefits aren't achievable.
We bake benefits discipline into every service:
If at any point benefits look unachievable, we say so.
Many programmes shouldn't start. The benefits case doesn't stack up. But political pressure, sunk costs, and optimism bias keep them going.
We'd rather: Tell you not to hire us than take your money for a programme that won't deliver benefits.
Example: Gibraltar health check case study - we recommended stopping 3 workstreams, saving £4M. Those workstreams would never have delivered their benefits. Most consultancies would have kept billing.
Traditional metrics:
Our metrics:
Activity matters. Benefits matter more.
Related:
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