Transformation & Value glossary

53 terms on transformation, change, value realization and operational excellence.

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Frequently asked questions

What is the Transformation & Value glossary?

It is a reference of 53 terms used to run transformation programs and prove the value they deliver, from business transformation, transformation offices and change management to business cases, value capture, run-rate savings, operational excellence and post-merger integration. Each entry gives a short definition first, then explains what the term means in practice.

Who is the Transformation & Value glossary for?

Executives and transformation leaders, transformation and integration office teams, change managers, finance partners who track savings and benefits, operational excellence and continuous improvement teams, and program leaders responsible for delivering results.

How are the terms organized?

Terms are listed A to Z and tagged by category: transformation strategy and governance; change management; value and benefits realization; operational excellence; and M&A and portfolio moves. Use the search box or the category filters to narrow the list, or jump straight to a letter.

What is the difference between value capture and value realization?

Value realization is the broad discipline of making sure an investment or program delivers its expected value and can show it in measurable results. Value capture is the narrower step of turning identified savings or synergies into financial results that appear in budgets and financial statements, rather than staying on paper. See value realization.

How do transformation and value fit into the Enterprise Operating Model?

Transformation and value sit in Steer, alongside strategy and portfolio decisions. They connect the changes an organization chooses to make with the value those changes are expected to deliver, and track that value from planned to proven to banked. Explore transformation.