70% of Major Programs Fail
Research by McKinsey and Company suggests that 70% of complex, large-scale change programs fail. The highest risk identified is lack of Stakeholder Engagement. I believe this is a mere symptom but certainly not a root cause. The root cause is that organizations do not do the first step of the DMAIC process taught as part of the Lean Six Sigma course. The first tool necessary for process improvement is a well-articulated, fully developed Project Charter. In the D or define phase, projects teams and leadership must agree upon the basic elements of what the mission and objectives are for a project. How will success be measured? Who is the sponsor for the project? (Having a sponsor enhances the opportunity for success by 62%). Gaining stakeholder engagement should happen at the Define stage. The Stakeholders need to be sold on the merits of a project before expending resources not after time, money and talent have already been wasted. Learn more about how Lean Six Sigma Training can benefit your organization at: https://solomon-eos.com/ To learn more about Lean Six Sigmal for Higher Education and Workforce Development Managers please go to: https://solomon-eos.com/educators/ To learn more about CEO’s and Executives can Develop an energized, Proactive WorkForce by Implementing Lean Six Sigma Training, please go to: https://solomon-eos.com/corporations/ To learn more about How Professionals and Managers can acquire the skills and credential to enhance their earning power while moving up the corporate ladder with Lean Six Sigma training and certification, please go to: https://solomon-eos.com/professionals/ |