Vision for an organization is, “what the person, team or organization wants to create in its best possible future. It is an evocative description of what is possible. A vision is not “something out there” that is impractical, but a way of setting a compelling scenario. Creating this image of the future requires the ability to expand one’s sense of possibilities and then focus on what new initiatives can lead to success”[1].

Well, I just had to write about this since people in general and some, in particular, like to regurgitate the same things again and again. Regurgitating[1], of course, adds value for yourself if you are going to learn and practice but it adds little value to the already existing knowledgebase. Internet especially because of its open nature is a place where regurgitating ideas and information happens on a much larger scale. Sometimes they are just clickbait[2] and sometimes they are outright wrong in the information that is being presented.

Vision and mission statements are very important in setting the organizational culture and leadership values in any organization. The organizational aspirations are valued by the vision statements whereas the mission statements put the vision in the context of the business environment and push the organization to execute for the achievement of that vision. In simple words, “a vision is what the company aspires to BE, and mission is what the company is in the business to DO”[1].

About a couple of months ago, I went from OpenWRT to Gargoyle on my Netgear R6220 router. You can read more about it here. I had setup a couple of networks with one hidden and not isolating clients whereas the other one doing the reverse. Now everything was OK but the Gargoyle used to crash my kernel whenever a new device tried to join the unadvertised network. The different interfaces were also brought down. Again, there are certain features of OpenWRT that I really missed with one being the ability to create multiple virtual radio interfaces and the other being the flexibility with adblock host lists.

According to the University of Manchester, " Academics generally work within a university, combining research, teaching and administrative duties. Academics are the life-blood of a university, without whom the institution would not exist"[1]. Academics have a very systematic approach to research which provides lots of benefits when it comes to the introduction or evolution of new/existing concepts and/or processes. The way academics detail out each and every aspect of a subject under consideration is amazing. Exceptions are taken care of from an academic perspective and most of the corner cases are covered in the research subject.

Leadership has to be one of the key critical factors for the successful implementation of the Benefits Realization Plan (BRM) in any organization. Delegation of responsibilities as well as delegating the needed rights to carry on the successful implementation of the BRM needs flexibility; trust & faith as well as blessings of leadership on all levels. A benefits champion ideally should be a group of individuals from various departments who are more involved with the strategy and business side of the organization. A benefits steering group can be formed which should be directly responsible for not only the BRM but also effective execution of the same with the project management office (PMO) and/or portfolio management teams.

According to the standards of portfolio management by PMI, “A portfolio is a collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives”[1]. Any organization has very well defined business goals and strategic objectives. The organizations devise strategies and create a vision for the members of the organization as a guideline to follow in order to fulfill the business goals and strategic objectives defined by the organization. The strategies and vision lay the foundation for quantifying a portfolio and the entities within a portfolio.

I have been asking a lot of technocrats around in various verticals on whether they have been successfully tracking benefits realization in one or other format and making sure that they are constantly aligned and in sync with the organizational objectives, the most I get is glares and a few cheeky answers as to how they don’t get any “added/extra” benefit! Benefits realization management, defined in Benefits Realization Management: A practice guide, “BRM encompasses the standard methods and processes that an organization uses for identifying benefits, executing its benefits realization plans, and sustaining the realized benefits facilitated by portfolio, program, and project initiatives. BRM requires alignment with an organization’s strategy, a solid understanding of key principles, and techniques”[1].