About the Book
Value Planning (VP) means you will elicit and clarify critical stakeholder values quantitatively, and prioritize delivering those values, as soon as possible.
Key Planning Concepts
- STAKEHOLDERS: Identify your most critical stakeholders.
- OBJECTIVES: Identify the smart levels of their most critical value improvements.
- STRATEGIES: Identify potential strategies for delivering planned value levels to stakeholders, at lowest cost and risk.
- SMALL STEPS: Decompose strategies into suitably smaller deliverable increments.
- DELIVER VALUE: Attempt to deliver measurable value to some stakeholders.
- LEARN: Measure results and costs; then decide if you are on track, or need to change something. Continue the process until all goals reached.
- We will make use of our Planning Language, called ‘Planguage’ (‘PL’).
- The central capability of Planguage is that it can be used for any system of ‘product’ or ‘service’, at any level of abstraction or detail.
- Planguage is capable of expressing all results, improvements, values and qualities quantitatively.
- Planguage can help you plan, estimate and track delivery of all costs and resources.
- Planguage will help you keep numeric accounts of multiple critical values, and corresponding multiple critical resources, so you can manage value for money; i.e. the efficiency of planning, decision-making and contracted result deliveries.
- Planguage is extremely risk conscious at the level of every aspect of planning that might involve risk to your successful value delivery.
- Planguage not only helps with planning values and costs, but is consequently used to manage practical implementation, learning and feedback from plan application.
- Planguage will help you align and connect plans at many related levels of consideration, from top management to the most detailed level of planning you need.
- Planguage enables you to measure the quality of planning, and to set a release threshold for plans.
- Planguage has tools to automate plan specification, and to integrate your updated decisions and knowledge.
About the Author
Tom Gilb has been consulting on management problems, for top management since 1962. As a result he has developed and refined his own powerful methods for management planning. He has worked for many of these years with his son Kai Gilb.
These methods are jointly called ‘Planguage’ – a Planning Language. They are unique in helping managers to think quantitatively about the qualitative aspects of their decisions. For example how to quantify ‘engineering productivity’, or general product quality?
Most of the consultancy work is done at the CTO level. Most of it is for technical multinationals, and some financial groups. Most of the work is for planning organizational improvement in productivity and quality (for 10,000 engineers for example). The rest is about big projects (like 1,000 engineers, $100 million).
Tom does not profile himself as a management consultant. In fact he works at the grass roots of advanced engineering, systems, software, aircraft, IT, telecoms, electronics.
This often leads to meeting top managers who appreciate his methods, and become clients. There is a well-documented successful spread of his methods at HP, IBM (CMM 4) and Intel (20,000 engineers trained there in his methods). Other interesting famous method-user organizations are Boeing, Citigroup, JP Morgan, Credit Suisse, Philips, Ericsson, Nokia, Tata Consultancy, Microsoft, Statoil and many others, smaller and less famous.
Tom has been invited to lecture at dozens of universities worldwide (including Berkeley, Stanford, London School of Economics, Imperial College).
He has previously published nine books. The 2005 book is ‘Competitive Engineering’.
He has spent 2 years (2014-2015) working on his new book ‘Value Planning’, especially for top managers. Published initially on LeanPub 2016.
In 2012 he was made Honorary Fellow of the British Computer Society.
More information, and many publications, at gilb.com.
He lives in Norway and London, and is both Norwegian (as of December 2015) and US Citizen (1940).