SPEAKERS & SESSIONS

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SPEAKER

Scott Shemwell, Rapid Response Institute, Managing Director

Dr. Shemwell is an authority and thought-leader in field operations and risk management with over 30 years in the energy sector, leading turnaround and transformation processes for global S&P 500 organizations as well as start-up and professional service firms. He had been directly involved in $5 billion+ acquisition and divestitures, as well as the management of significant projects and business units.

Scott has authored over 300 articles and presentations including six books, including Essays on Business and Information, volumes I & II; Implementing a Culture of Safety: A Roadmap for Performance Based Compliance; Governing Energy: Organizational Governance—Issues of the 21st Century series (2012-2013 & 2014-2015 Editions), and Structural Dynamics: Foundation of Next Generation Management Science.

Scott holds a Bachelor of Science in physics, a Master of Business Administration and a Doctor of Business Administration.

VIDEO

SESSION

Business Case Development at the Executive Level
Track: Digital Transformation
Scott Shemwell, Rapid Response Institute, Managing Director

Technologists tend to justify a proposal for capital investment in terms of the technology itself and perceived benefits that the organization may receive. Statements such as, “it will save 25%” are often not heard by management making the final decisions. There is a proven method for “Translating the Technology to the Language of Business.”

The Economic Value Proposition Matrix® (EVPM) model has been developed and extensively used on a variety of IT projects ranging from Digital Oilfield investments to the Use of Social Media for Security. In all cases both hard and soft data were assessed. Hard data such as cost takeout typically can be measured, while soft data, such as efficiency gains and other intangibles including opportunity costs cannot be directly measured.

This presentation will cover the EVPM methodology as well as two case studies. The audience will be provided with access to the free version of the model for use with their projects. This will assure that they can demonstrate to management the economic value of their projects, assuring their successful implementation.