| University | Institute of Leadership & Management (ILM) |
|---|---|
| Subject | Unit 701 Developing a High-Level Business Case |
Unit 8617-701 Assignment Brief
| Qualification | Level 7 Leadership and Management |
|---|---|
| Unit Number | 8617-701 |
| Unit Title | Developing a High-Level Business Case |
| Aim | To develop a high-level business case for improvement that demonstrates the impact of a located enquiry that is aligned with the organisation’s strategic objectives and other planned improvements. |
Learning Outcomes and Assignment Criteria
LO1 – Understand the strategic context for change to identify the requirement for a high-level business case
AC 1.1 Establish a business need that takes full account of the drivers for change and the strategic fit to organisational goals and priorities
- Undertake an analysis of your own organisational strategic context and drivers for change internally and externally, using at least two theoretical approaches.
AC 1.2 Propose, and obtain agreement for, the development of a high-level business case that draws on existing knowledge and current practice, uses a robust methodological approach, and takes account of the needs of stakeholders
- Present the proposal for the development of a business case to meet an organisational need, which has been identified in the analysis at 1.1.
- You should suggest several options (e.g. do nothing and two others).
- Your proposal should show the methods you will use to evaluate the options you generate.
- Present this to stakeholders and gain their agreement on how to proceed.
LO2 – Be able to generate and evaluate viable options and apply decision-making techniques
AC 2.1 Evaluate viable high-level business case options and associated costs and benefits
- Develop the business case for each of your options.
At level 7 this will involve using robust data and developing a detailed CBA: covering financial costs, financial benefits, benefit to cost ratio, the perceived benefits should be quantifiable, credible and achievable. The non-financial impact will also need to be considered, using approaches based on sound theory or practice.
AC 2.2 Justify the selection of a best business case option
- Based on the information presented above, explain in detail which option you recommend and why.
LO3 – Understand how to select and justify the strategies required to manage the high-level business case through to the desired business outcomes
AC 3.1 Design an appropriate change management strategy for implementing the high-level business case that takes full account of diversity, risk and performance measurement and has been informed through active participation in a learning community
- You will need to present a change management strategy for implementation of your chosen option. You may already have started this plan at the outset and can now develop it further to reflect your chosen option and take account of diversity, risk and performance measurement.
AC 3.2 Justify choice of media to evidence the impact of the enquiry to satisfy and influence stakeholders and to enhance own personal brand
- How will you present the business case and implementation strategy to your stakeholders?
- Consider the options and decide on the one best suited – what will influence their thinking and satisfy their requirements?
- How will this enhance your personal brand or standing with them?
AC 3.3 Evaluate the impact of the enactment of a significant part of the change management strategy
- Take a significant part of the change management strategy and examine how well each element of it is working so far – what is the impact and what needs to done to improve how it is working?
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