Six benefits of Quick Start projects
1. Make changes quickly
Changes in legislation often require immediate action to ensure compliance. Suddenly, an organisation finds that their software or system doesn’t meet the required regulation anymore and they have three months to make sure it does. Finding a company that can make the change immediately can be difficult. A software company that offers Quick Start can ensure that a regulatory body (or similar) working to a hard deadline doesn’t have to pause operations while they wait for their software or systems to be updated.
2. Make things happen
It’s much easier to get £20,000 signed off for a small-scale project, than £700,000 for an extensive digital transformation. Quick Start projects are usually focused on small changes with immediate results; they can be a great way to take small steps towards a larger transformation and make progress, rather than putting everything on hold until one huge project is signed off.
3. Test the water
Quick Start can be a useful way to establish whether two organisations can work together. Without prior experience of working with a specific software company, signing on the dotted line for a five-year digital transformation project is likely to feel like a risk to the business. By starting small with a two-week, or month-long fixed cost project, both parties can establish a relationship and decide whether a long-term project is likely to work. The Quick Start project might not result in a completed piece of work, but it’s usually something the organisation wants that will add value to it. By completing the work – perhaps a proof of concept or small interation, the software company can demonstrate that it has the skills to take on a larger project.
4. Get value, quicker
The sooner you start, the sooner you get value from your investment. If you approach a software company in January with a proposal for a six-month project, and it can’t start for six months, you won’t see any results until the following year. If it can start straight away, you get six months of benefit. Put in monetary terms, if the tech build will save you £1m per year, you’ll be up £500k if things can get going straight away. If delayed, you won’t see the value in the same financial year.
5. Remove barriers to innovation
In many cases, the longer the length of the project, the bigger the risk; typically, the more risk there is, the more innovation is suppressed. Fear of the unknown can mean research processes are rushed and projects are under-resourced. Quick Start/short term tests remove some of the barriers to innovation and deliver results quickly.
6. Fail fast
In today’s complex business environment, where things are changing constantly, speed of execution is a lot more important than perfect execution. Forbes
Projects stretching over many months often have to change direction because the external situation has changed, watering down the relevance of the solution or product. Quick Start projects ensure a timely response to the current situation, and deliver results – positive or negative, in a short space of time. If something doesn’t work as you thought it should over the course of a two-week project, it’s a lot less damaging to your organisation than if you were finding out after two years.