McKinsey & Company logo

Keeping transformations on target

McKinsey & Company reports on an analysis of high-stakes transformations which reveals a few pragmatic lessons that increase the odds of meeting the organization’s objectives. As a fact, keeping hundreds or thousands of initiatives on track is a monumental task, one that too few organizations around the world do well. And given the statistics that prove only 30 percent of transformations deliver their intended benefits and meet the initial targets, this article deems it important to focus on the practical lessons that organizations must implement in making their ambitions real – and keeping their transformations on target.

Read more

Image (source)

Similar Posts

  • Sustainable Operations Excellence

    With global competition at such a dynamic level that any day lost without operations improvement imperils the company’s economic position; the status quo simply leads to failure.  In order to out pace this competitive environment, companies are implementing strategies to establish competitive advantage as a low cost producer or as a stand out through product differentiation.  The…

  • Fed Seeks to Calm Congress Demand for More Oversight

    Bloomberg reports that the Federal Reserve Chair Janet Yellen has tried to repair damaged relations with Congress during her first seven months in office. But the fix-up isn’t going very well. And with the efforts from the House Financial Services Committee signalling growing discomfort with policy makers’ unusual reach in financial markets and their expanding regulatory…

  • Is the Lack of Lean Six Sigma Accreditation a Vacuum Worth Filling?

    Awhile back in a meeting with several colleagues – Master Black Belts, Black Belts and Green Belts – someone asked the question: “How credible are our accreditations of Lean Six Sigma?”This is a very good question. I ran my own business for 13 years and remember the struggle of traditional project Management several years ago….

  • Is it worth the click?

    From the publicly-traded, multi-national conglomerates, to Girl Scouts selling their cookies (Thin-Mints rule), to the budding entrepreneur who opens a lemonade stand – and everything in between – there are all manner of companies and individuals offering a near infinite variety of products and services.  And about as diverse as the companies and their offerings…