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    1. Ekonomi och Ledarskap
    2. Nationalekonomi
    3. Mikroekonomi

    Value for Money

    How to Show the Value for Money for All Types of Projects and Programs in Governments, Non-Governmental Organizations, Nonprofits, and Businesses

    AvPatricia Pulliam Phillips,Jack J. Phillips

    Inbunden, Engelska, 2019

    1 449 kr

    Beställningsvara. Skickas inom 5-8 vardagar. Fri frakt över 249 kr.

    Beskrivning

    Written by two of the world's most well-known ROI (Return on Investment) gurus, this guide is indispensable for anyone involved in showing the value of money for projects and programs in governments, non-governmental organizations, nonprofits, and businesses. These range from human capital programs to marketing initiatives, technology implementations, systems integrations, quality and lean processes, public health initiatives, procurement procedures, public relations events, risk management policies, economic development programs, corporate social responsibility projects, public policy programs, branding activities, innovation programs, customer satisfaction projects, and everything in between.In a step-by-step process, the book shows how to measure the success of projects and programs, including measuring impact and ROI (Return on Investment). This book also shows how to forecast the value of the project in advance and how to collect data during and after project implementation. It addresses improvements throughout the process so that the project delivers optimum value. In addition to businesses, this book is appropriate for governments, NGOs, nonprofits, universities and healthcare organizations.As a reference for those who are seeking ways to assign value to what they have measured, the book will clarify and resolve much of the mystery surrounding the conversion of data to monetary values. Building on a tremendous amount of experience, application, practice, and research, the book will be based on the work of many individuals and organizations, particularly those who have been reaching the ultimate levels of accountability using the ROI Methodology. Developed in an easy-to-read format and fortified with examples, tips, and checklists, this will be an indispensable guide for those who seek to understand accountability issues.

    Produktinformation

    • Utgivningsdatum:2019-07-09
    • Mått:10 x 10 x 10 mm
    • Vikt:454 g
    • Format:Inbunden
    • Språk:Engelska
    • Antal sidor:528
    • Upplaga:1
    • Förlag:John Wiley & Sons Inc
    • ISBN:9781119322658

    Utforska kategorier

    • Mikroekonomi inom Ekonomi och Ledarskap
    • Organisation och ägarskap inom Ekonomi och Ledarskap

    Mer om författaren

    Patricia Pulliam Phillips, PhD is an internationally recognized author, consultant, and president and CEO of ROI Institute, Inc. Phillips provides consulting services to organizations worldwide. She has been an author or editor of more than a hundred books and numerous journal articles, and her work has been featured on MSNBC and EuroNews. Jack J. Phillips, PhD is chairman of ROI Institute and a world-renowned expert on measurement and evaluation. Phillips, a former bank president, is also the author or editor of more than a hundred books and has provided consulting services in 70 countries. His work has been featured in the Wall Street Journal, Bloomberg Businessweek, Fortune, and on CNN. Gina Paone joined the International Monetary Fund in February 2011 after nearly eleven years with the United Nations World Food Programme based in Rome, Italy and 10 years in the private sector in a marketing capacity based in Toronto, Canada. She is currently the Division Chief, Talent Acquisition and Operations. Cyndi Huff Gaudet, PhD, is director of the School of Interdisciplinary Studies and Professional Development at The University of Southern Mississippi's Gulf Park campus, a scholar-practitioner managing projects integrating the ROI Methodology, and a recognized national expert helping organizations implement a systematic approach for developing human capital

    Innehållsförteckning

    • Praise for Value for Money vForeword xxvPreface xxviiValue is Changing… xxviiNeed for a New Approach xxviiiThe ROI Methodology: The Enhanced Logic Model xxixWe Can’t Measure Our Way to Success xxxFlow of the Book xxxiAcknowledgements xxxvAuthors xxxviii1 The Value Evolution 1The Value Shift 4Why Now? 8Challenges Along the Way 16Final Thoughts 192 Six Ways to Show Value for Money 21 Six Ways to Show Value for Money 25Barriers to Showing Value for Money 32Final Thoughts 383 Needed: An Enhanced Logic Model 39 A Review of Models 42Concerns about Current Models 47How Does Your Current Model Stack Up? 60Requirements for the Value for Money: A Measurement Process 64ROI Methodology 65Terminology: Projects, Solutions, Participants 66Final Thoughts 674 Introducing the ROI Methodology 69 Types of Data 70The Initial Analysis 75Using Design Thinking to Deliver and Measure Results 77The ROI Process Model 78Operating Standards and Philosophy 87Implementing and Sustaining the Process 87Benefits of this Approach 88Final Thoughts 915 Start with Why: Align Programs with the Business 93 Impact Measures are Critical 96The Challenge 97The Alignment Model 98Payoff Needs 99Business Needs 109Final Thoughts 1186 Make it Feasible: Select the Right Solution 119 Performance Needs 122The Performance Dialogue 122Use Analysis Techniques 125Learning Needs 131Preference Needs 134Matching Solutions to Needs 135The Matrix Diagram 136Selecting Solutions for Maximum Payoff 138Final Thoughts 1407 Expect Success: Design for Results 141 The Power of Expectations 144Defining the Success of Programs 147Designing for Results at Each Level 149Developing Objectives at Multiple Levels 152The Power of Objectives 160Defining Roles and Responsibilities 162Planning the Evaluation 166Final Thoughts 1728 Make it Matter: Design for Input, Reaction, and Learning 173 Communicating with Results in Mind 174Changing the Role of Participants 177Creating Expectations 178Think ROI 181Design Input for Results 183Design Reaction for Results 187Design Learning for Results 193Data Collection for Input, Reaction, and Learning 194Timing of Data Collection 197Final Thoughts 1999 Make it Stick: Design for Application and Impact 201 Data Collection for Application and Impact 204Monitoring Business Performance Data 219Selecting the Appropriate Method for Each Level 222Timing of Data Collection 224Built-In Application Tools 226Involving the Participants’ Manager or Significant Other 230Final Thoughts 23510 Make it Credible: Isolate the Effects of the Program 237 The Importance of Pinpointing the Contribution 240Preliminary Issues 242Quantitative and Research Isolation Methods 244Qualitative Isolation Methods 254Select the Method 263Final Thoughts 26411 Make it Credible: Convert Data to Monetary Value 265 The Importance of Monetary Value 267Key Steps in Converting Data to Money 270Standard Monetary Values 272When Standard Values are Not Available 281Selecting the Technique 290Final Thoughts 29512 Make it Credible: Identify the Intangibles 297 Why Intangibles are Important 299Measuring and Analyzing Intangibles 304Final Thoughts 31313 Make it Credible: Capture Costs of the Program and Calculate ROI 315 The Importance of Costs and ROI 319Fundamental Cost Issues 320Specific Costs to Include 325Cost Tabulation in Action 328The ROI Calculation 333Other ROI Measures 342Final Thoughts 34314 Tell the Story: Communicate Results to Key Stakeholders 345The Importance of Communicating Results 352Principles of Communicating Results 355The Process for Communicating Results 357Step 1: Analyze Reason for Communication 359Step 2: Plan for Communication 359Step 3: Select Audience 360Step 4: Develop Reports 363Step 5: Select Media 363Step 6: Present Information 370Step 7: Analyze Reaction 378Final Thoughts 37915 Optimize Results: Use Black Box Thinking to Increase Funding 381 Process Improvement is the Key: Black Box Thinking 383Making Adjustments in Programs 387The Timing of Changes 390Increasing ROI 393Influencing Allocation 396Final Thoughts 40016 Forecast the ROI 401 The Importance of Forecasting ROI 407The Trade-Offs of Forecasting 411Pre-Program ROI Forecasting 413Forecasting with a Pilot Program 422ROI Forecasting with Reaction Data 423Forecasting Guidelines 427Final Thoughts 42917 Make it Work: Sustaining the Change to a Results-Based Process 431 Overcoming Resistance 433Assess the Climate 434Develop Roles and Responsibilities 434Establish Goals and Plans 436Revise Guidelines and Procedures 438Prepare the Team 440Initiate ROI Studies 441Prepare the Management Team 442Remove Obstacles 443Monitor Progress 445Final Thoughts 446References 447Appendix A 459Appendix B 467Appendix C 471Index 473