The Department of Treasury & Finance undertook an assessment of 170 Investment Logic Maps (ILM) submitted as part of the 2012 Victoria State Government budget process. Of those 170, 99 were completed by Accredited Facilitators and 71 by Non-Accredited Facilitators. Only 1% of the maps produced by Non-Accredited Facilitators were rated as high quality compared to 31% rated as High quality by Accredited Facilitators.
The message is clear, beware of trained facilitators purporting to be accredited facilitators – there is a difference. Use an Accredited Facilitator if you need a High Quality ILM to accompany a Business Case.
Why are accredited facilitators achieving better ILM results? Well the capability required of facilitators has been increasing since the inception of the Investment Management Standard (IMS). Facilitators need to be more strategic in their thinking; the nature of investments using the IMS has moved to the highest level; and the audiences involved can be more complex & sophisticated. The accreditation process prepares & challenges a facilitator to meet these demands & to uphold the IMS.
As an Accredited Facilitator I’d be pleased to help.