Building value measures into your stakeholder map
As you work to build out your company’s value measurement methodology (like we did previously), for each project, you can start to build out what this value measurement and value map look like for all of your stakeholders. This process is time-consuming but critical to demonstrate the value of your team’s impact enterprise-wide.
Thinking back to Chapter 2, where we built out the stakeholder map, you can add in the value measurement methodology against each stakeholder group. A best practice is to sit with each stakeholder on a regular basis (I like to do this quarterly) to go through a Quarterly Business Review for the value your team has brought to bear for them. This idea of a Quarterly Business Review would walk them through the following:
- The scope of your engagement with the stakeholder
- A list of discrete projects you have completed for them in the quarter (or year)
- A list of enterprise services...