Business Case

We realise that justifying investment in any kind of supporting infrastructure can be a difficult task.  We have therefore developed a number of example business cases so that you can:

  • Better understand the potential benefits that exist from adopting one of the Change Factory solutions;
  • Demonstrate to decision makers the expected costs and benefits, both tangible and intangible;
  • Show that an investment in a Change Factory solution can pay back within a few months

Examples

Each business case has been developed to reflect a typical business scenario and is based on a number of key assumptions.  Note that the financial calculations are based on the licensing costs that were in place at the time.  These may have been changed since the business cases were developed.

The examples we have created reflect the following scenarios (click to select):

Example 1: ‘Out-of-the-Box Solution’

A team of five people adopts the ‘Out-of-the-Box’ version of the ‘Step-by-Step Change’ methodology to get up and running in a couple of weeks…


Ref. Scenario Cost Benefit

 

“Out-of-the-Box”

  • Internal team of five are managing a change programme
  • They select ‘Step-by-Step Change’ methodology
  • The team needs to mobilise within a week or two
  • The team attends the Foundation training

Assumptions

  • Team mobilises ten days faster than they would otherwise
  • Team (of five) save 10 minutes each per day
  • Licence costs paid back within 3 months due to faster mobilisation and improved efficiency
  • View the graph to see how the payback time reduces with team size.

Note: This business case is illustrative only and we cannot guarantee that the savings quoted will be achieved in all cases. 

Example 2: Tailored Methodology

A company has a number of change projects underway and selects the ‘Step-by-Step Change’ methodology, but they want to tailor it first…


Ref. Scenario Cost Benefit

 

“Tailor a Method”

  • A company wants a common approach for running several change programmes
  • They select ‘Step-by-Step Change’ as being a good fit, but they want to incorporate some of their own changes before roll-out
  • The change team needs to mobilise within two months
  • 20% of methodology is tailored using the Tailoring Service

Assumptions

  • Team mobilises ten days faster than they would otherwise
  • Team (of ten) save 20 minutes each per day
  • Tailoring and licence costs paid back within 5 months due to faster mobilisation and improved efficiency
  • View the graph to see how the payback time reduces with team size.

Note: This business case is illustrative only and we cannot guarantee that the savings quoted will be achieved in all cases.

Example 3: Build a New Methodology

A small consultancy has a paper-based methodology they want to automate using theChange Factory to (a) use with their clients (b) improve their efficiency and (c) increase their sales…


Ref. Scenario Cost Benefit

 

“Build a Method”

  • A small consultancy has a paper-based methodology it wants to automate (similar in size to ‘Step-by-Step Change’)
  • It selects the Change Factory tool for creating the new methodology
  • It sets up a team to design and build the methodology using the Method Manager
  • The design and build process is facilitated by the Design and Build Service

Assumptions

  • Consultancy gains 2% additional sales at 30% margin (revenue £2m p.a.)
  • Team (of ten) save 20 minutes each per day
  • All design, build and licence costs paid back within 4 months due to additional revenue and improved efficiency
  • Estimated additional profit of £40k from years two onwards due to additional revenue generated
  • View the graph to see how the payback time reduces with team size.

Note: This business case is illustrative only and we cannot guarantee that the savings quoted will be achieved in all cases.

 

Download Business Case Examples

Download our detailed business case examples based on three potential uses of the Change Factory.


More Information

If you have any questions on how to develop your business case or any suggestions for improving the examples provided, please contact us.