The old saying; “You get what you measure” is tried and true. If an organization truly wants to ensure the expected return on their investment is obtained, it makes sense to monitor and measure the most critical driver of value realization. AdopTrack® is a system to measure adoption and quantify the value adoption contributes to the success of business projects. Boxley Group has successfully developed a simple, yet powerful, system called AdopTrack®, which measures adoption, ties adoption back to benefit realization, and provides adoption acceleration support.
In today’s business, the value a project delivers, rarely equals exactly what was originally estimated. One of the greatest causes of this variation is the “people” not adequately adopting the needed change brought on by the project. The greater the project results or outcomes depend on people adopting the solution, the greater the variation can be expected in the value obtained.
The AdopTrack® system can also lead to increasing the speed of adoption. Speed of adoption is a measure of how quickly employees adopt a change to how they do their work when it is introduced by a project. The speed of adoption for a group of employees impacted by a change, or how quickly they adopt the change, has a direct and measurable impact on the return a project delivers.
The measurable impact is based on the concept that money/benefit received earlier is worth more than the same amount of money/benefit received later, because it can be ‘employed‘ or reinvested over time. The idea that money available at the present time is worth more than the same amount in the future is due to its potential earning capacity. This core principle of finance holds that, provided money can earn benefit or value, any amount of money is worth more the sooner it is received
The most important and strategic changes within organizations tend to have a greater dependency on people adopting new ways of working. Comprehensive and accelerated adoption directly contributes to the organization’s ability to drive new business value, reduce costs, and deliver sustainable growth into the future for the enterprise
The ability to adapt to change is a key component for organizations to stay competitive in an ever-changing and more complex business environment. Companies habitually invest millions of dollars in projects which never meet their ROI targets because the change is not adequately adopted. Adoption is often seen as intangible and hard to quantify in order to measure the value delivered. Boxley Group’s simple yet powerful AdopTrack® system is focused on creating value for their clients at levels beyond expectation. The AdopTrack® system ensures adoption level transparency, leading to accelerated adoption, and improved value realization.
AdopTrack® presents a convincing case for the importance and potential value measuring adoption can bring to a project by directly connecting adoption to project and organizational value and goals. It illustrates, effective adoption has significant impact to project financial performance and delivery, organizational goals, and strategic objectives. When you begin to look at adoption as a means to create value, it is not difficult to make a convincing case for using AdopTrack® to measure and monitor the adoption levels of each and every project a business undertakes.