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Taming The Chaos: Delivering Stronger Solutions with a Process-Based Framework

According to a Project Management Institute’s (PMI) report, 40% of project failures can primarily be attributed to poor requirements. The cost of addressing requirement defects in software rises exponentially as it progresses through the life cycle up to production deployment.

 Tackle the Root Causes of Requirement Deficiencies

This webinar will provide actionable insights into the critical role of a business-oriented approach in tackling the root causes of requirement deficiencies. By clearly identifying needed stakeholders with precision, arming business analysts with sufficient domain knowledge, minimizing ambiguous language in requirements, providing a complete understanding of business impacts, and offering stronger validation through testing, this approach ensures projects are set up for success from the outset.

The Process Inventory Framework facilitates a comprehensive understanding of the organizational landscape by meticulously inventorying every process performed within an organization and aligning this operational information with crucial elements such as systems, products, and risks. This holistic approach offers business analysts a robust solution to tackle various challenges in a unified manner. Our workshop will delve into both the theoretical foundations and practical steps required to effectively leverage this framework in crafting solution designs that meet your organization's needs.

What You Will Learn:

◦ The root cause of solution design failures

◦ Why alignment is crucial for success

◦ What models and data integration are required for achieving alignment

◦ How to strengthen business analyst capability to deliver the solutions that your organization needs

◦ How this framework is the sole holistic solution to addressing critical transformation needs such as strategy definition, change management, operational excellence, agile enterprise architecture, and risk management.

Get ready for a Paradigm Shift in Process Management

Current thinking in process management is way too limited! The sole focus is on optimizing processes through disciplines like Lean Six Sigma and process mining to gain operational efficiency. This misses the broader, 30,000-foot view needed to drive true enterprise value.

 

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Process...

◦ forms the foundation for resource allocation within an organization; for instance, systems aren't developed, and personnel aren't recruited unless there's a need for an action, i.e. process.

◦ is the key to unlocking organizational knowledge, it joins multiple taxonomy from different operational subjects to create a comprehensive understanding of how things work.

◦ provides a common language to facilitate alignment among diverse perspectives within the organization, ensuring everyone is working seamlessly towards shared strategic objectives.

◦ connects dots, enabling a clear understanding of impacts and root causes. This clarity saves time and money by defining precise accountability.

This requires organizations to create and maintain an inventory of all your processes.  This new and holistic method is the antidote to transformation failures and is the key to your organization succeeding into the digital age!

Presented By

M. Schank
Michael Schank
Michael is a distinguished thought leader and executive, specializing in addressing Digital Transformation and Operational Excellence challenges through his innovative, process-based framework. With over 25 years of experience in the Financial Services industry, he has primarily served as a management consultant, empowering clients with forward-thinking solutions in technology, process, and risk and spearheading large-scale business and digital transformations. Michael brings a powerful combination of superior sales and delivery skills, having personally sold and delivered over $100M in transformation services. He is the author of the book, ‘Digital Transformation Success,’ in which he introduces his groundbreaking Process Inventory framework. This promises to be a transformative approach to achieving success in the digital era, unlocking unprecedented levels of operational efficiency and strategic alignment. The book is available on Amazon.
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