Benefits Management
Strategy Execution by Design Series
Lever 3: Execution Management System
Element 2: Benefits Mangement
You can have the clearest goals in the world, but if the work doesn’t create real value, you don’t have execution. You have activity.
Last week we talked about Goal Management Systems and how they keep people focused on the outcomes that matter.
This week is different.
The next lever which acts as the backbone of the Execution Management System is Benefits Management - the system that proves whether the work you deliver actually creates the value your goals promised.
Both are essential.
Both do different jobs.
And both are often treated in isolation.
What I see time and time again is organisations leaning heavily on one system while neglecting the other.
When they focus only on the goal system:
They define the strategic outcomes, cascade the goals, and set up a strong alignment structure. But they don’t fully test whether the work they’re investing in will actually realise those outcomes. Leaders end up signing off projects that teams believe will create value; but at the executive level, the connection isn’t clear, and alignment quietly slips.
When they focus only on benefits management:
They move straight from strategy into projects. Benefits get defined at the program level, not the strategic level. And because the goals aren’t explicit, there’s no reliable way to know whether the benefits being claimed will unlock the value the organisation really needs.
Both patterns lead to the same issue. While everyone is "busy", the tension between these means no one can agree on what success truly looks like.
My belief after working with a range of organisations in this space is.....
Clear strategic goals + Cascaded and understood by your people + Measurable benefits connected to the work = an execution system backbone, setting you up to deliver the results you intent.
Take away any part of that equation and execution becomes unclear.
Benefits management isn’t a reporting exercise. It’s how you keep the strategy real during delivery.
And it’s how you make sure the work you fund actually creates the value your goals promised.
So, here’s the question I'll leave you with:
Do your projects clearly state the value they’re designed to create, and is that value tied directly to your strategic goals?
If the answer isn’t a confident yes, that’s usually where execution begins to slip.
For further ideas on how to improve your benefits management system, please refer to:
https://www.linkedin.com/posts/rebecca-reti-4582433b_benefits-management-activity-7396343893254074368-9pAH?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAhmYsQBKppHDyfPTxqHXXgP5MmXRjB7WJs