Why BVMF®
BVMF® Spins the Paradigm
Bridging the Value Gap: Driving Technology from Desired Business Outcome
Most business or organisational IT projects/work/transformations set out to design and deploy software and/or at best conduct a project around this to achieve X, Y, Z.
Often X, Y, Z is not very clear from the start. However, if X, Y, Z are business value, success, ROI and beneficial outcome for the sponsoring business or organisation, this end result too often gets lost in the wind of the work, with the eventual benefit being tangential to the project/work process.
Research done before and after the Millennium struggled to show any clear link between IT spend and profitability/productivity… and what has been clear for several decades now is that nearly three-quarters of these pieces of work fail to meet expectations, let alone exceed them!
Driving Outcomes: Shifting the Focus from Process to Measurable Value
So, why wouldn’t you put together a way of working that spins the paradigm around?! So that value, success, ROI and measurable beneficial outcome become the lead factors as opposed to what is hoped for but too often disappears into the distance while earnest workers obsess over software, vast numbers of project related ins and outs, etc.
BVMF® reverses this whole approach. It sets out primarily, relentlessly and obsessively to produce hulking amounts of outcome value, success and ROI corralling the necessary (usually rather disparate) elements along the way, strengthening them, focusing them, and enhancing them.
The result of this is a way to DRIVE forwards, working from the desired outcome and value as opposed to ‘reversing the whole way to work’, trying not to hit a tree and burning way too much oil, petrol, control and goodwill.
From Macro to Micro: Unleashing End-to-End Business Value with BVMF®
Some established frameworks and approaches start out at macro level looking quite promising in respect of their focus on business value and ROI but peter out in detail and effectiveness as they progress towards the micro level work and outcome/results.
Conversely, this is one of the many ways in which BVMF® scores so highly as it connects macro to micro through a comprehensive set of layers (or chain links if you like), checking and boosting value as it goes.
Some of these layers or chain links are newly defined and add huge value to the quest for value! And BVMF® is all-encompassing, working for all project team members in the business, IT and everywhere else that is relevant showing how all can work together to get the kind of results rarely seen since the inception of IT halfway through the last century.
Professionals trained in BVMF®, known as Business Value Maximisation Specialists (BVMSs), are polyglot and polymathic in their understanding of IT value (speak all the relevant ‘languages’ and have professional knowledge and value maximising capability in most areas).
This is a new role that the business IT world has been talking about for years, even decades, but not properly devised and deployed. Well, here it is.
