Transform tomorrow: Master benefits analysis with Gen AI today webinar, 30 April 2025
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Transform tomorrow: Master benefits analysis with Gen AI today webinar Wednesday 30 April 2025 Joint webinar from APM AI and Data Analytics Interest Network and APM Benefits and Value Interest Network Presenter: Rami Deen Content description: We stepped into the future of benefits modelling and benefits analysis with this webinar on Generative AI (Gen AI), presented on Wednesday 30 April. Designed for all roles responsible in value creation be they benefits managers, business analysts and transformation consultants. This session revealed how Gen AI can revolutionise the way you identify, quantify, model, and realised benefits from investments. We started by discussing the key challenges in benefits analysis, such as inaccurate identification, ineffective quantification, poor modelling, and difficulties in realisation. Learnt how Gen AI can help mitigate these challenges, ensuring more robust and effective benefits analysis. We explored current applications and future possibilities, providing attendees with practical insights and actionable recommendations from industry experts. This webinar provided valuable insights and practical knowledge on leveraging Gen AI to enhance benefits analysis and modelling, staying ahead in the rapidly evolving field of business transformation.
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Transform tomorrow: Master benefits analysis with Gen AI today webinar, 30 April 2025
- 1. Transform tomorrow: Master benefits analysis with Gen AI today Step into the future of benefits modelling and benefits analysis with our exciting webinar on Generative AI Rami Deen Value Practitioner www.linkedin.com/in/rami-deen-digital-agent-of-value
- 2. Walkthrough challenges we face in driving value from investments and benefits realisation Key Challenges 01 Share key Gen AI capabilities, constraints and considerations Introduction to Gen AI 02 Bring to life how Gen AI helps us deliver value and tackle those challenges through a case study How Gen AI Helps Practitioners drive Value 03 Explore exciting possibilities of how this capability will revolutionise Value Realisation Look to the future 04 Todays Agenda
- 4. Text Images Video Music and Sound Designs Data Analysis Computer code Synthetic Data Research Video Games and Virtual Worlds Hundreds of options with claimed IQs of 120+ ..……but…….. Gen AI has many modalities ……
- 5. There are constraints Whether using Enterprise or publicly available Gen AIs you must consider 02 Effective prompts Designing effective prompts, context and the right balance between creativity and accuracy is crucial’ 03 Hallucinations Hallucinations are false AI outputs; prevent them by using reliable data and monitoring AI responses 01 Data Sensitivity Any information provided to a publicly available Gen AI will be used by the AI, so it is crucial never to share sensitive data 04 Bias in Models Your outputs will reflect inherit biases in the datasets used; must test and validate outputs
- 6. Prompts Good Practice ▪ Objective ▪ Context ▪ Role ▪ Constraint ▪ Clarity ▪ Incentivise… Triangulate, probe and converse You get what you ask for
- 7. CREATE and ENHANCE your VALUE deliverables Gen AI augments you in your role Richer Lessons Learnt Insights Ideas to tackle value deviations Research and Reference analysis Enhanced value insights and trends Engaging Stakeholder Comms Benefit Models Blueprints, Business Cases and Plans *Prof Flyvbjerg How Big Things get Done, APM and PMI Size of the prize, risks and scenario planning Storyboarding Early and Lag outcome indicators
- 8. Replace Inventory Management system for RetailCo Increase Sales by improving product availability Identify Value, align stakeholders, secure leadership support to ensure commitment Quantify Value, refine iteratively, secure business case and plan to realise Test Value hypothesis, adapt value and plan to realise Track deviations, implement improvements and optimise portfolio . 03 01 02 04 Case Study
- 9. Gain Leadership Commitment Results Prompt Example (Research) My Gen AI Research Assistant Objective: RESEARCH the key CAPABILITIES, BENEFITS, DISBENEFITS, BUSINESS areas IMPACTED and relevant LESSONS LEARNT implementing an automated inventory management solution with AI. Include EVIDENCE Context: The research is to understand the IMPLICATIONS OF ADOPTING AI-DRIVEN inventory management solution in a mid-sized clothing retail business in the UK, which manages its OWN SUPPLY CHAIN and is TARGETING 5 % INCREASE IN SALES REVENUE AND 5 % REDUCTION IN OPEX Constraints and role: Provide the insights in a DIGESTIBLE REPORT FORMAT for a TRANSFORMATION CONSULTANT. THANK YOU! Problems Tackled ✓ Misalignment to Strategy ✓ Human Biases ✓ Impact of Change ✓ Learning Fast
- 10. Solution Sponsored Prompt Example (Build Compelling Business Case) My Gen AI Value Analysis Assistant Objective: Create me the RESULTS CHAIN benefits models for the Warehouse Team, Marketing Team and Stores Team including the KEY CAPABILITIES, INTERIM and END OUTCOMES OF SALES, EFFICIENCY, EFFECTIVENESS, and EXPERIENCE BENEFITS for a best practice Inventory system Context: This analysis will form the FOUNDATION OF A STRATEGIC BUSINESS CASE Clarity: Consider REAL-TIME INVENTORY TRACKING, DEMAND FORECASTING, AUTOMATED REORDERING, STOCK LEVEL OPTIMISATION, AND INTEGRATION with existing POS and e-commerce platforms, and for each benefit identified, identify EARLY AND LAG INDICATORS, TARGET VALUES WITH EVIDENCE, key RISKS and DEPENDENCIES across teams Constraints and role: Present the analysis USING BULLET POINTS AND QUANTIFIABLE OUTCOME METRICS FOR EACH TEAM, in the role of a TRANSFORMATION CONSULTANT THANK YOU! Problems Tackled ✓ Misalignment to Strategy ✓ Human Biases ✓ Impact of Change ✓ Learning Fast
- 11. Solution Sponsored Build Models Faster Iterate Development Robust Analysis • Cause and Effect • Holistic view • More compelling case
- 12. Test Hypothesis Problems Tackled ✓ Misalignment to Strategy ✓ Human Biases ✓ Impact of Change ✓ Learning Fast Prompt Example (Test) My Gen AI Test Value Assistant Objective: ANALYSE THE RESULTS of the testing for the new inventory system, summarise the impact of these results on the business case benefits, and IDENTIFY RECOMMENDATIONS to improve outcomes Context: This analysis will inform whether TARGETED BUSINESS CASE BENEFITS are achievable and identify improvements to the IT system, training, ways of working needed to deliver better outcomes Constraints and role : Present the analysis in a CLEAR AND VISUAL WAY FORMAT for a BENEFITS MANAGER THANK YOU! Results
- 13. Value Realised Prompt Example (Optimise Value) My Gen AI Realise Value Assistant Objective: ANALYSE the weekly sales data for dresses and perform A MULTIPLE LINEAR REGRESSION to determine the impact of the INVENTORY SYSTEM, MARKETING SPEND, AVERAGE TEMPERATURE, HOLIDAYS on sales. Context:. This analysis supports THE BENEFITS REALISATION ACTIVITIES Constraints and role: Explain the STATISTICAL SIGNIFICANCE OF EACH VARIABLE, identify IMPROVEMENT THEMES to explore and provide a summary of the key findings in a REPORT FORMAT for a transformation consultant. THANK YOU! Problems Tackled ✓ Misalignment to Strategy ✓ Human Biases ✓ Impact of Change ✓ Learning Fast
- 14. Value Realised Strong Positive impact of Inventory system stock out fixes and Marketing on sales Optimisation Insights • Interpretation of results • Scenario Modelling • Improvement interventions
- 15. The Good, the Bad and the Very Ugly… Benefits Register Benefit ID Benefit Description Category Owner Baseline Target Measurement Method Realization Date B001 Improved financial reporting accuracy Financial CFO 85% accuracy 98% accuracy Monthly financial audits Q4 2025 B002 Reduced procurement cycle time Operational Procurement Director 30 days 15 days Procurement cycle time reports Q3 2025 B003 Enhanced compliance with global regulations Compliance Compliance Officer 70% compliance 100% compliance Compliance audits Q2 2025 B004 Increased cost savings through better supplier management Financial Procurement Director $1M annually $3M annually Cost savings reports Q4 2025 B005 Improved data visibility and decision-making Strategic CIO Limited visibility Full visibility Data analytics reports Q1 2026 B006 Streamlined financial processes Operational Finance Director 60% efficiency 90% efficiency Process efficiency metrics Q3 2025 B007 Enhanced user satisfaction with financial and procurement systems Customer Satisfaction HR Director 60% satisfaction 90% satisfaction User satisfaction surveys Q2 2026 First draft Benefits Register Made up Insights A new form of benefit models
- 16. DIS-BENEFITS EFFICENCY AND EFFECTVEINESS B1 INCREASED PRODUCTIVITY B7 INCREASED STAKEHOLDER SATISFACTION B8 INCREASED PERSONAL SATISFACTION B3 INCREASED SPEED AND QUALITY OF VALUE DELIVERABLES DB1 DECREASED PRODUCTIVITY DB2 DECREASED QUALITY OF INSIGHTS B2 INCREASED CAPACITY TO UNDERTAKE STRATEGIC WORK Experienced Benefits and Disbenefits using Gen AI DB3 INCREASED RISK OF PRIVACY INCIDENT DB4 INCREASED RISK OF IPR INCIDENT EXPERIENCE B4 INCREASED ABILITY TO MANAGE STAKEHOLDERS BENEFITS EFFICENCY AND EFFECTVEINESS DB5 INCREASED RISK OF REPUTATIONAL DAMAGE DB6 INCREASED FRUSTRATION WITH INSIGHTS EXPERIENCE B5 INCREASED ABILITY TO DETERMINE BENEFIT TARGETS INCREASED ABILITY TO MAKE INFORMED DECISIONS B6
- 17. A Look to the Future Technology Role and Skills
- 18. Call to Action Iterate, test, and use Gen AI to enhance your capabilities Iterate and Test Triangulate and probe Run your Innovation Factory 18 Proactively manage Prompt Library, skills and risks