Business case

 

A well documented management system adds value to an organization.

Protect your intellectual property

Your organization is at risk if its intellectual capital exists only in the heads of key personnel. Documenting your systems protects against personnel retiring or moving on; and it may also strengthen your position if key personnel are recruited by a competitor.

Prepare for sale and attract investors

The value of your organization lies partly in the extent to which you can prove that it is well managed. A well developed, well presented management system makes a strong case.

  • A potential buyer can be confident that they will be able to run the organization.
  • A potential investor can be confident that the organization’s managers know what they are doing and that there is a reasonable expectation that the organization will achieve its objectives.

Improve performance

Preparing good documentation is always an exercise in performance improvement. Well-constructed documentation —

  • Identifies overlaps, gaps, and duplications of effort in the organization’s processes.
  • Highlights conflicts of ownership and responsibility.
  • Cuts across turf wars and operational silos.

Reduce compliance costs

A governance and compliance system, designed and documented as an integral component of your management system, enables you to achieve and demonstrate management system compliance in the normal course of operations, rather than as a separate, audit-driven activity.

Keep the directors and managers out of jail

Directors and senior managers have legal responsibility for the behaviour of their organizations. A well-documented management system substantiates the measures taken to ensure that the activities of the organization and its personnel are consistent with the organization’s statutory obligations.