Now, no one really wants to blow their own trumpet, peacock feathers splayed, and go strutting up and down the workplace shouting about how great they are. However, sometimes this behaviour is necessary to measure your effectiveness and how well your function is performing—although you may want to keep the peacock feathers to a minimum!
The reasons for this can be easily categorised into the familiar Run, Grow, and Transform framework:
So now that you have a good understanding of why you want to measure your effectiveness, how do you start?
There are a number of quantitative and qualitative measures that could be focused upon, and this number will vary hugely between organisations. Quantitative measures could be high-level figures, such as the number of projects delivered in a particular strategic area or the value delivered to a particular business unit over a period of time. You could also focus on the value beyond the internal business, such as a measure on customer experience feedback into the organisation. The qualitative areas are harder to measure in an objective and unbiased way; often, multiple viewpoints need to be gathered to investigate low scores and any differences.
Lastly, take particular care when selecting the criteria for measuring the effectiveness of your BRM function, as it not only has to hold true and be relevant now, it also needs to maintain that level of relevance for years to come. Otherwise, when you analyse your year-on-year trends, you may find that you no longer have the data you need to help you Run, Grow, or Transform your BRM function into the direction you desire—and this data is the critical first step to being able to measure effectiveness. After all, before you make a change, you need to know exactly where you’re coming from.