Our Framework
What Business Value Maximisation Framework (BVMF®) Does
BVMF® significantly, even dramatically, helps raise the success rate of projects that provide IT assistance ("digitalisation"/computerisation) to business processes, success levels of such projects (the incremental value and ROI) and the level of ongoing value (productivity) arising from such business processes. BVMF® is the only known framework to focus exclusively and specifically on the maximisation of value from business related IT.
The Birth of Business Value Maximisation Framework (BVMF®)
This unique framework was developed by director David Jacobs, originally in the 1980s and '90s, because industry on a global basis was having trouble being confident that business computerisation was delivering any net benefit at all! It therefore concentrates on practical ways to generate maximum value from IT in a business or organisational context in a way that is powerfully effective. BVMF® provides easy to understand visual models and a set of associated techniques. There are many Unique Selling Points (USPs) to BVMF® - it works with any other method, approach or practice so you lose nothing, and crucially defines the essential ingredients of IT business value in a way that other methods do not. Arising in the first place from the first, second and third hand experience of one individual in its conception rather than being produced by a committee, BVMF® is highly focused, concentrated and consistent.
Structure
BVMF® centres around 75+ integrated models that describe and define the main challenges to overcome at a macro level. The models also provide a solution and way forward starting to move from macro to micro solution mode. These models, ever increasing in number, are arranged into a logical sequence and outer wrapper of modules. Supporting the models there are more than 450 techniques (things to think about and do) called Concepts, Principles, Guidelines and Techniques (CPGTs).
Physicality
The BVMF® models are defined and made available to those trained and certified in BVMF® in PowerPoint. The Concepts, Principles, Guidelines and Techniques are documented in PowerPoint and Word and are also available to BVMSs (those trained and certified in BVMF®, known as Business Value Maximisation Specialists). BVMF® is ever expanding and improving. We train business analysts, project managers, product owners/managers, etc to become Business Value Maximisation Specialists (BVMSs) - a role industry has long found difficult to enact and a role that gives a whole different meaning to computer assisted business in respect of the net benefit (value) achievable.
BVMF® Component Listing
Here below is a list of components of BVMF® that we are currently compiling. In due course this will detail all extant BVMF® models, modules, meta-models (M/M/M-Ms) and techniques. There are approximately 100 models (M/M/M-Ms) and 500 Concepts, Principles, Guidelines and Techniques (CPGTs) - all due to be listed here by the end of autumn 2024.
The models present the problem or challenge at macro level which points the way to a macro level address/solution as well presaging a number of CPGTs that can be added into the mix to support the enactment of a micro level address/solution.
Each model, module and meta-model has a number of CPGTs associated with it. Each relationship however is not exclusive; so these associations are often many to many.
While this table is being populated we recommend using the VALUE FAQS page and the Home page's Latest News feed's webinar recordings and slide packs to see many of BVMF®'s models, modules and techniques (CPGTs) listed with a brief overview of the challenges and/or problems they each address.
|
Title |
Type |
Use |
|
Value Definition Model (VDefnM) |
Model (textual) |
Provides a definition of value |
|
Value Delivery Model (VDM) |
Model (pictorial/diagrammatic) |
Shows how value arises at run-time |
|
Value Conception and Design Model (VC&DM) |
Model (pictorial/diagrammatic) |
Shows how value is conceived at design time |
