The Scheme of Things

This is the fifth article in a series on best practices for managing change initiatives. However, instead of focusing on common, if still misunderstood, techniques such as business cases, risk management and change control, this series explores some lesser known and underused practices that can make a fundamental difference to the success of a project.

Changes are conceived and initiated for a multitude of compelling reasons. However, most are launched in response to four key factors: economic impact, competitive advantage, competitive risk or strategic fit. Investment evaluation assesses the rationale for change, the level of risk and a project's priority relative to other possible undertakings.

The source for the material presented here was forgotten long ago but our indebtedness to the author or authors remains.

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The Scheme of Things

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