Business Case Center Stage
At business meetings everywhere, it seems like business case analysis is center stage. Everyone is talking about the business case for good reasons:
Even though everyone talks about the business case, surprisingly few know what that means.
- First, the business climate today has a low tolerance for management error.
- Second, the need for rock-solid accountability is increasing.
- Third, the competition for scarce funds is intense.
- Finally, managers must now show why the course they choose is the best course. And, they must show this in business terms.
As a result, most important business decisions today require a business case.
Business Case Analysis: Who Needs It?
Nevertheless, while everyone talks about the business case these days, surprisingly few know what this really means. Consequently, those who master case-building skills have a real advantage over their professional colleagues. As a result, they have the advantage in business areas such as the following.
- Project management and product management.
- Asset purchase and asset management.
- Finance and financial control.
- Strategic decision and strategic planning.
- Budget planning.
- Corporate governance and accountability.
- And, they have an special advantage in the job search.
Because our site visitors ask for it, we present online the popular article Business Case Analysis. Find here a complete guide to business case analysis. And, find here answers to questions like these:
- Firstly, how do I show that my proposal is a good business decision? And, can I prove this in compelling terms?
- Secondly, can I convince the skeptics we will really see the results I project?
- Thirdly, how do I value important non-financial business benefits? And, how do I show that the case includes all relevant costs?
- Fourthly, how do I measure risk for proposal outcomes? And, how can we reduce risk? Also, which risks must we be especially alert for.
- Fifthly, how do I show which critical success factors we must manage to target levels?
- Sixthly, how do I show what happens if we do not take action? And, how do I show what happens if we choose other proposals instead? Also, which alternatives should my case compare?
- Finally, what is the best practical advice I can furnish with case results?
Where to Go From Here: Take Action!
For new and veteran case builders alike, see the popular article Business Case Analysis.
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