Category: Services

Most organisations operate an annual budget and planning cycle where the need for new investment or changed investment priorities is considered, potential investments proposals are identified, and decisions are made as to how the budget will be spent. These decisions are often within the context of a portfolio or program of work. The people charged with making these decisions require a clear understanding of the challenges to the organisation (now and into the future), the benefits that need to be delivered and agreed criteria to evaluate competing bids. Without this shared understanding and common assessment criteria, investment decisions are more difficult and often less certain.

Innox Solutions can establish a new or refining the existing investment prioritisation framework that responds to the needs and challenges facing the organisation over the next period (e.g. 5–10 years) that will require consideration of new investments or change of current investment priorities.  The anticipated benefits of the approach are:

• better engagement of senior executives and key stakeholders;
• improved articulation of the need for new investment or a change to current
• investment priorities and the establishment of strong prioritisation criteria;
• substantial reduction in the number of ‘irrelevant’ investment ideas;
• better investment solutions; and
• time and cost efficiencies