LINQ for slideshare
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The document discusses the high failure rates of projects and reasons for "process crimes" or project failures. It notes that 70% of people are involved in projects they know will fail, only 30% of projects succeed, and the UK government wastes £4 billion annually on failed projects. Common reasons for failures include lack of governance, lack of digital skills, and unrealistic expectations. The document promotes a new approach called LINQ that it claims could improve success rates just as Toyota's production system transformed car manufacturing.
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LINQ for slideshare
- 2. The 4 Causes of ‘Process Crime’
- 3. *http://www.mckinsey.com/insights/strategy/raising_your_digital_quotient **http://calleam.com/WTPF/?page_id=1445 *** https://hbr.org/2012/06/these-days-you-cant-have If You Accept Being ‘Normal’ 70%People involved in projects that they knew would fail right from the start $4Bn Only 30% of projects are successful UK Government Project Wastage37% 35%Abandoned in the last 3 years Failed to delivery any business benefits Success Rates for Business Change projects 13% Governance IT Savvy 16% Vast Unrealised Potential US DigitisationPotential = $2.2Tn per year! 33% IT Project Disaster Organistaion Existence Threatened ** 45% over budget 7% over time 56% less value than promised
- 4. LINQ will do for business transformation what Toyota Production System did for car manufacturing
Editor's Notes
- #4: IT isn’t working! The gap between