Before you rush off to write your own business case, get your organization's standard template. Ask colleagues for examples of good and bad business cases they've seen. Get information about the business case approval and prioritization process. Once you know what the right forms and processes are, you'll be ready to submit your own business case for approval.
- Before you rush off to write your own business case…let me offer a few final tips.…Get your organization's standard template.…Ask finance and other groups if there are…standard assumptions and timelines…that every business case uses.…Ask colleagues for examples of good and bad business cases.…Learn from their experience.…Get information about the business case approval…and prioritization process.…Once you know what the right forms and processes are…you'll be ready to submit your own business case…for approval.…
Draft a business case and get feedback…from colleagues, including from functional areas…that might be impacted by your initiative.…Refine a case based on their feedback.…Identify someone in finance who can help you…with your financials…if you're not sure how to prepare them.…Even if you are comfortable running the numbers…find someone in finance who can review your model…before you take it forward for approval.…It goes a long way to walk in the room and say,…finance has already seen the numbers…and signed off on them.…
- Define the structure and uses of a business case.
- Write effective executive summaries.
- Explain the components of a problem definition.
- Describe how to articulate the benefits of an idea.
- Estimate financial results and identify measurements of success.
- Describe how to outline risks and opportunities.
- Create milestones.