Business Case Planning
Engaging Viprotel in your Business Case planning will bring an independent view to the table. Viprotel can supplement your resources and engage with your teams to produce a business case "today" for an opportunity you have been considering for sometime and have wanted to address for a while.
At the outset of any commitment to spend large sums of money is to have a clear view as to the returns that will be gained by making such investments.
Especially in today's resource optimised environments, many key individuals will already be driving existing committed projects. A new technology will be announced or market shift will appear and whilst an organisation believes that they should be looking at investing in this new area, time will simply pass until current projects are closed down. By this point a competitor may have launched a product or service that will negatively impact your market share.
It could be that you are yet to be convinced by the advantages and benefits to be gained by making such investments and would prefer an independent, 3rd party view to verify assumptions and forecasts.
A true business case considers the whole picture, as well as NPV and payback time. There are many factors to consider, such as:
- Financials
- Revenue, Costs, Forecasts
- Return on Investment and cashflow predictions
- Market Aspects
- Overall Market Size
- Existing customer base
- Price Points
- Volumetrics
- Demographics
- Positioning
- End Customer Needs
- Solution Benefits
- Technology Options
- Systems investments
- Component builds
- Go to Market approach
- Operational models
Viprotel has proven experience of working across various departments and functions to pull together several disparate elements that go to make the overall case. It has developed several financial and support models to address complex scenarios with multiple interacting parameters.
Ultimately, the business case will be prepared and presented to key stakeholders and other interested individuals as nominated by the project sponsor. A business case document in line with client guidelines will be produced as well as any supporting models. It is expected and encouraged that in the preparation of and certainly during the sign-off and handover stage, that an internal client resource is assigned for the ongoing ownership of the business case and associated models.
It is Viprotel's aim to supplement, not substitute, internal personnel and Viprotel believes it is imperative that the construct of the case is fully understood and agreed by internal employees, otherwise the risk of a "not invented here" syndrome can exist and that buy-in at differing levels of the organisation will be mixed.
If you wish to discuss how Viprotel's Business Case Planning service can bring returns to your business, click here