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Business Cases That Get Results

Business Cases That Get Results

Carrie Marshall

(2019)

Additional Information

Abstract

A persuasive, well-written business case can win over the decision makers in your organisation and get you the all important approval you need for your business idea. In this book you’ll discover the do’s and don’ts of pitching your ideas through a business case. You'll learn what the essential components of a business case are, including what key questions you should be answering, how to structure your business case, factors to consider when thinking about benefits and risks, and how best to tackle ROI.
Carrie Marshall is an author and freelance journalist, columnist, copywriter and scriptwriter. She writes features, news and tutorials about technology and has been published in many industry magazines including 'PC Plus', 'Digital Home' and 'What Laptop'. Since 2003, Carrie has also regularly spoken on technology and social media on BBC radio.
A business case is a logical, structured argument to bring about business change, aimed at the decision makers in an organisation. A persuasive, well-written business case can win over your readers and get you the all important approval you need. In this book you’ll discover the do’s and don’ts of pitching your ideas through a business case. You'll learn what the essential components of a business case are, including what key questions you should be answering, how to structure your business case, factors to consider when thinking about benefits and risks, and how best to tackle ROI.
'A highly valuable resource, and one that would be well worth keeping to hand.'
A P Sutcliffe, MSc, MBCS
'Presents a practical and down to earth approach to business case development.'
Peter Wheatcroft

Table of Contents

Section Title Page Action Price
Cover Cover
Copyright Page iv
CONTENTS v
AUTHOR viii
PREFACE ix
1 INTRODUCTION: WHAT IS A BUSINESS CASE? 1
KEY TAKEAWAYS 3
2 THE KEY QUESTIONS YOUR CASE NEEDS TO ANSWER 4
WHAT IS THE NEED THAT YOUR BUSINESS CASE ADDRESSES? 4
WHAT EVIDENCE DO YOU HAVE TO DEMONSTRATE THE NEED? 5
WHAT ARE YOU PROPOSING TO DO TO MEET THE NEED? 6
WHAT ARE THE OTHER OPTIONS? 7
HOW DOES YOUR BUSINESS CASE FIT WITH THE APPROPRIATE MISSION, STRATEGY AND VALUES? 8
WHAT DISBENEFITS ARE THERE? 9
HOW WILL YOU KNOW YOU’VE ACHIEVED WHAT YOU SET OUT TO DO? 10
HOW LONG WILL IT TAKE TO IMPLEMENT? 11
WHAT ARE THE KNOWN UNKNOWNS? 11
WHAT DO YOU NEED? 13
WHAT WILL THE IMPACT ON THE BUSINESS BE? 13
KEY TAKEAWAYS 14
3 THE IMPORTANCE OF IDENTIFYING EVERY STAKEHOLDER 15
STAKEHOLDER IDENTIFICATION 15
WINNING OVER STAKEHOLDERS 18
KEY TAKEAWAYS 20
4 HOW TO STRUCTURE YOUR BUSINESS CASE 21
HOW TO PRESENT YOUR BUSINESS CASE FOR A LARGE PROJECT 21
THINGS TO CONSIDER WHEN YOU WRITE YOUR BUSINESS CASE 25
KEY TAKEAWAYS 26
5 BENEFITS AND OUTCOME ANALYSIS 27
WHAT BENEFITS MEAN IN A BUSINESS CASE 28
MAKING SOFT BENEFITS HARDER 28
MONEY, MONEY, MONEY 29
ANALYSING OUTCOMES 29
KEY TAKEAWAYS 30
6 THINKING ABOUT RISKS 31
POLITICAL RISKS 32
ECONOMIC RISKS 32
SOCIAL RISKS 32
TECHNOLOGICAL RISKS 32
LEGAL RISKS 33
ENVIRONMENTAL RISKS 33
HOW TO PRESENT RISKS IN A BUSINESS CASE 33
KEY TAKEAWAYS 35
7 ROI: WHAT IT IS AND WHY YOU NEED TO SHOW IT 36
ROI BASICS 36
EXPECT THE UNEXPECTED 37
OTHER FINANCIAL MEASURES 40
KEY TAKEAWAYS 42
8 INTERNAL OPPOSITION: THE ENEMY IN THE RANKS 43
FEAR OF CHANGE 43
FORCE OF HABIT 44
LACK OF KNOWLEDGE 44
KEY TAKEAWAYS 45
9 MAKING YOUR CASE WITH A PRESENTATION 46
THE RULE OF THREE 46
THREE IS THE MAGIC NUMBER 47
EXPECT THE UNEXPECTED 48
KEY TAKEAWAYS 49
10 THE IMPORTANCE OF EDITING 50
KEY QUESTIONS TO ASK AS YOU EDIT 50
HOW TO MAKE YOUR BUSINESS CASE BETTER DURING THE EDITING PROCESS 51
PEER REVIEW 55
KEY TAKEAWAYS 55
11 SUBMITTING YOUR BUSINESS CASE 56
WHO SHOULD YOU SUBMIT YOUR CASE TO? 56
WHAT SHOULD YOUR BUSINESS CASE INCLUDE? 57
HOW SHOULD YOU FORMAT YOUR BUSINESS CASE? 57
WHEN SHOULD YOU SUBMIT YOUR BUSINESS CASE? 58
KEY TAKEAWAYS 59
12 AFTERWORD 60
REFERENCES 62
INDEX 63
Back Cover 66