5. Recommend Action To Increase Solution Value

Question 1

Purpose

Answer 1

To understand the factors that create differences between potential value and actual value and to recommend a course of action to align them

Question 2

Description

Answer 2

Recommendations generally identify how a solution should be replaced, retired or enhanced.
They may include recommendation to adjust the org to allow for max solution performance and value realization

Question 3

Inputs

Answer 3

Enterprise limitation

Solution limitation

Question 4

Elements 1

Answer 4

1. Adjust solution performance measures
   Some cases performance may not support the fulfillment biz goals and objectives
   An analysis effort to identify and define more appropriate measures may be required

Question 5

Elements 2

Answer 5

2. Recommendations
   - Do nothing
   - Organizational change
   - Reduce complexity of interfaces
   - Eliminate redundancy
   - Avoid waste
   - Identify additional capabilities
   - Retire the solution

Factor impact replacement or retirement solution:
Ongoing cost vs initial investment
Opportunities cost
Necessity: solution limited lifespan->impossible maintain the existing component
Sunk cost: the money and effort already committed to an initiative

Question 6

Guidelines and tools

Answer 6

Biz objectives

Current state description

Solution scope

Question 7

Techniques

Answer 7

Data mining
Decision analysis
Financial analysis
Focus analysis
Org modeling
Prioritization
Process analysis
Risk analysis and mng
Survey

Question 8

Stakeholders

Answer 8

Customer
End user
Domain sme
Regulator
Sponsor: authorizes and ensures funding for implementation of any recommended actions

Question 9

Outputs

Answer 9

Recommended actions: recommendation of what should be done to improve the value of the solution within the enterprise