Investment Logic Maps
HineSight can provide:
- Faciltiation of Investment Logic MappingĀ sessions
- Development of Investment Logic Maps
Investment Logic Maps are a key component of the Investment Management Standard as used by the Victorian State Government, and being increasingly adopted by other government jurisdictions and the private sector.
From the Victorian Department of Treasury and Finance:
"The Investment Management Standard is a collection of simple, common-sense practices that enable an organisation to direct resources to their best use.
The approach has evolved as a reaction to investment practices that demand compliance with complex processes but fail to articulate the need for the investment or the benefits that the investment will deliver. In the place of complex processes, at the core of the Investment Management Standard are two key components:
- two-hour informed discussion sessions that bring together the people with most knowledge of the subject to create and agree to the 'investment story'; and
- the depiction of the agreed investment story (Investment Logic Map) on a single page, using language and concepts that can be understood by the layperson.
The investment management practices are skewed towards the early shaping of investments and focus heavily on the evidence to support the need, the best strategic solution and the benefits that will be delivered. The practices also track the delivery of benefits and support evaluation of the effectiveness of the investment."
As an early adopter of the ILM process HineSight Development can provide one of the few ILM facilitators based in Canberra, with an emphasis on the application of the ILM process to the development of Federal Government initiatives and business cases.
