Go-Live: A Milestone, Not the Destination 📍
Unraveling the Continuous Voyage Towards Business Value in CTRM Projects
Throughout my journey as an advisor in the sphere of Commodity Trading and Risk Management (CTRM), I have persistently observed a common misconception: the notion that reaching the ‘Go-Live’ phase signifies the culmination of a CTRM project. This belief, albeit widespread, couldn’t be farther from the truth. The ‘Go-Live’ moment is indeed a significant milestone, yet it’s merely a precursor to a continual endeavour towards achieving the envisioned business value. 🌅
The ‘Go-Live’ event is often enveloped with a flurry of celebrations, a sigh of relief among the project team, and a sense of accomplishment that resonates through the corridors of the organisation. However, as the dust settles, the real journey towards extracting the intended value from the CTRM system begins. Let’s delve deeper into the landscape that unfolds post ‘Go-Live’:
The ‘Go-Live’ is not an end, but rather a significant juncture that heralds the onset of a perpetual endeavour towards achieving and sustaining business value. The real litmus test of a CTRM project’s success is measured not at the ‘Go-Live’, but in the continual value it delivers to the business thereafter. 📈
The journey post ‘Go-Live’ is laden with its own set of challenges and opportunities. It’s a landscape that demands an unwavering commitment, a knack for problem-solving, and an ethos of continuous improvement. The ‘Go-Live’ is merely the door to this landscape. 🚪
In my extensive engagement with CXOs and Board members, the discourse around the ‘Go-Live’ has been enlightening. The savvy leaders comprehend that the ‘Go-Live’ is not a finale but a segue into a phase of continuous optimisation and value realisation.
The clarion call for the leadership is to foster a culture that doesn’t just celebrate the ‘Go-Live’ but remains ardently focused on the journey towards business value that lies ahead. It’s about nurturing a vision that transcends the ‘Go-Live’ and delves into the realm of continuous value extraction, optimisation, and evolution. 🌱
For the C-suite and the Board, the narrative around ‘Go-Live’ should pivot from a project completion mindset to a value realisation mindset. This shift is not merely semantic; it’s a profound change that propels organisations into a trajectory of sustained success and competitive advantage in the complex world of commodity trading.
The ‘Go-Live’ is not the terminus, but a significant waypoint in the relentless pursuit of business value. And as we navigate through the voyage post ‘Go-Live’, every challenge surmounted, and every value realised accentuates the essence of why the ‘Go-Live’ is a milestone, not the destination. 🎯