Many companies find it challenging to bridge the gap between the Business Case and the Realization of Benefits. A recent survey indicates that over 70% of organizations worldwide have suffered at least one project failure in the past 12 months. While companies that made decisions after adopting the business case as a transparent and evidence-based mechanism managed to reduce the number of unsuccessful strategic initiatives and projects by 30%, resulting in a remarkable improvement in productivity, attracting and retaining talented employees, and improving customer satisfaction.
In this episode of “IN Practice Podcast”, we will understand how to bridge the gap between the business case and the realization of benefits, how business cases are developed, and why benefits realization is an important mechanism to help organizations get the expected return on investment.
ABOUT IN PRACTICE
“IN Practice” is a podcast that combines practical management concepts, best practices, and advice from the business world to help you become better at analyzing issues, seizing opportunities, mastering decision-making and delivering change. Every episode is filled with advice you can practice in your workplace.
The host, Loay Dirar is a seasoned corporate strategy and transformation advisor with over 22+ years of experience in management consulting and strategy. He specialises in enabling organisations to achieve sustainable growth, operational excellence, and strategic resilience. His expertise spans strategy formulation, mergers and acquisitions, change management, and strategic risk management. Loay has advised more than 40 organisations across the MENA region and globally, and holds a Master’s degree in Strategic Planning from Edinburgh Business School, as well as multiple professional certifications.
