Business Requirements are Critical
Transform Finance with Michael Ryan

Business Requirements are Critical

Effective Business Requirements drive Program Success. The new Service from Michael Ryan focusses on the Root Cause of failure in the majority of Transformation Programs. The inability to define Effective Business Requirements right from the start of your Program.

For those of you who read Edition 1 of my Interim Times Newsletter you know that I go to Market directly and to do this I have established as wide a presence as possible. From an Interim perspective I would encourage you all to have more than one string to your bow in the current Climate.

To this end today I want to show you what an Interim can achieve and use this Edition to launch my latest Service called 'BusReq'. If you have the time I would like to walk you through how I approached this in effort to show you how you can do something similar.

Check out the Website at Effective Business Requirements

As readers of my other Newsletters know I devour Books and this year I was participating in an online MBA program which is rather unique in its approach insofar as it focusses extensively on Books. One of the Books I read which was way outside my Finance discipline was about how to identify a need.

In a nutshell you identify the root cause of a major problem and you develop a Solution to meet the one with the widest impact. This is how BusReq was developed. I am an Interim Consultant in the Finance Transformation space and I could argue that this is a narrow field, so I set out to find a factor common to all Projects, regardless of discipline, which would be totally broad Church.

Last year I had Mark Vincent speak at my Event, Success Leaves Clues, at Old Trafford. On Sunday as I sat in the exact same space to watch Utd play Spurs I knew I had come full circle and his speech that day hit home. Mark pointed out that >95% of major Change programs are delivered either late or over budget. The full Speech is on my Website.

Remember, what I advised you if you are an Interim, establish a constant online presence via a Website(s), that works for you 24/7. All my material and Service Offerings can be found here at

Finance Transformation Consulting

Transform Finance with Michael Ryan

Training

If practically every Program is delivered late or over budget, one or the other, then what is the primary driver of this? In my opinion, based on my own experience, that root cause is defining ineffective Business Requirements.

This area is often skimmed over with too light a touch or in many cases performed with internal resources who may be experienced, by they are not 'experienced' in the art of defining Effective Business Requirements.

So I got together with Mark Saywell and we pooled our experience and knowledge to develop an Effective Business Requirements Solution to cover the critical juncture between the Business and its Business Systems.

Why is this so important? Because all major Change Programs have a People and Systems component and the two are not born of the same mentality. There is a need to cover all bases from an Organisation Design perspective in conjunction with your Business Systems impact. You must gather the facts and look at both together via one lens which is where our Question Accelerators and Incubators really come into their own.

Today BusReq is launched and the Website, Desktop and Mobile versions, are live. By the end of today 10K people will receive a direct communication that this Service is available. I am not going into more details here. If you are starting a Change Program reach out for our support and let BusReq do the heavy lifting.

Reach out if we can help you with your Business Requirements. Why choose BusReq? Well there are 6 main reasons:

Agnostic

Our 6 Step Process delivers Effective Business Requirements for any Back Office Function or ERP implementation

Unique

We recognise that you are unique and your Business Requirements must reflect this to be truly Effective

Due Diligence

We stress test your Business Requirements internally to ensure key Stakeholder buy in

Contracts

Business Requirements must Effectively reflect your Business operations as they underpin 3rd Party Contract Negotiations

Acceleration

Our experience is distilled in our Question Accelerators which focus on key Risks

Flat Fee

We combine Organisational and Business System expertise in tandem for a Flat Fee

Best Regards,

Michael Ryan

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