In a Web 2.0 world, IT is dramatically redefining business models. Whether providing new ways to reach customers, establishing radically new business-to-business relationships, cutting new-product time to market in half, or enhancing worker productivity and global collaboration, IT is the core enabler.
These days, however, less than 30% of corporate initiatives come in on time, on budget and on spec. The rest either fail outright or are significantly disappointing. So while much has been done to improve new processes, tools, techniques and governance concepts in the past 20 years, there is surprisingly little progress to show for it.
This point was dramatically emphasized recently by a major study called ‘Silence Fails: The Five Crucial Conversations for Flawless Execution.’
‘Silence Fails’ was conducted by The Concours Group and VitalSmarts LC to identify the causes of IT project failure. This worldwide study involved more than 1,000 executives and project management professionals representing a cross-section of major corporations. It included analysis of more than 2,200 projects. The Procter & Gamble Co. was one of 40 companies participating. Our goal was to determine how we could take our project management competency to the next level…
Make some noise at: http://journyx.com/rss/redir/cworld-itsilence.html