THE SUCCESS FACTORS BEHIND VERTICAL LAUNCH PROJECTS
According to extensive studies carried out by IBM Systems, 54% of IT project failures were attributed to project management; however, only 3% of those failures were attributed to technical challenges. This indicates that the majority of project issues reside in the intangible ‘people’ aspects which are omitted from consideration by popular project management methods.
The IT implementation landscape
To bolster that realisation, Wrike, an online project collaboration and management service, have consolidated the studies and reports of IT project results over 5 years from 2010-2015, to offer the following statistics:
Furthermore, IBM cites the following determining factors in the success or failure of IT Implementation projects:
- Project planning and direction
- Stakeholder alignment and engagement
- Leadership involvement
- Adequate and suitable ‘soft skills’ and an ability to adapt
- Sound project management methodology and tools (including change management)
Based on their findings, IBM conclude that success lays less in the technical and project management side of a project, and more in effective general business and management practices.
Duxinaroe understand that successful management practices require a deeper knowledge of the intangible ‘human factors’ than modern project management methods deliver.
The Dux Method offers a level of alignment which combines project management with an advanced approach to change management. This leads to the accurate planning, defined goals, clear assignments and effective communication from proactive leaders and managers making it possible to address the core issues and master even the most challenging IT project.
Start by considering and appreciating the complexity imposed on any project by the involvement of people (stakeholders) and their varied needs / opinions. If people are to engage with the changes proposed by others, alignment to, and an appreciation of outcome benefit is paramount (to trigger the required neurological and psychological responses).
This is covered in detail in Phase 1 of the 3 Phase ‘Dux Method’ which ensures project risk is minimised from the outset and enables the client to avoid the issues widely attributed to projects that do not take this into consideration.
The Dux Method has been developed to provide clients with a level of understanding that relates change principles to specific tangible challenges. In addition, it also builds the maturity and capabilities of the client organisation to initiate and better handle change in respect to all change, not IT alone, offering a future-proof solution.