Can a transformational project be delivered without stalling? That is the question many businesses face when embarking on a project to implement a new system or process. In this blog, we will discuss the importance of having the right people involved in transformational projects and how maintaining continuity can help avoid revisiting decisions, as well as ensure design/development aligns with the transformational strategy.
When implementing a transformational project, it is crucial to have the right decision-makers and advisors involved from the start. This ensures continuity and alignment with the Transformational Strategy and will help in facilitating effective design and development. Defining project goals upfront, measuring success with KPIs, taking a data-centric approach to decision-making, and not forgetting change management are also essential to avoid budget overruns, delays, and poor user adoption.
Adopting certain strategies can greatly benefit businesses in ensuring a successful transformational project. First, having a strong project team with an Executive Sponsor and key resources can help adjust business priorities and overcome challenges specific to the project. Outsourcing or hiring key roles like a Program Manager, Business Analyst, and Enterprise/Solution Architect can also help ensure the project moves forward efficiently. Defining clear goals upfront and taking a data-centric approach to decision-making can help businesses measure success and identify patterns for effective decision-making. Effective change management is also crucial in mitigating the risk of poor user adoption and ensuring a smoother transition to new systems and processes through training and support to employees.
The consequences of not adopting these strategies can lead to over-budget and delayed projects, ineffective goal-setting, poorly managed change, resulting in poor user adoption and a negative end result. To summarize, here are some key takeaways that business must adopt in order to deliver successful transformational projects:
- Establish a strong project team: Having an Executive Sponsor who can adjust business priorities and pull in key resources when needed is crucial to success.
- Outsource or hire key roles: For example, a Program Manager, Business Analyst, and Enterprise/Solution Architect can help overcome challenges specific to the Transformational Project.
- Define the project’s goals upfront: By having clear goals defined upfront, businesses can measure them before and after the project. This will help to determine what KPIs will be used to determine success.
- Take a data-centric approach to decision-making: If an exception happens only 0.05 percent of the time, then it can be handled via a manual workaround. Data analysis can help identify patterns and provide insights to inform effective decision-making.
- Don’t forget about change management: Ensuring effective change management can help to mitigate the risk of poor user adoption and a lack of adherence to new policies and procedures. By providing training and support to employees, businesses can ensure a smoother transition to new systems and processes.
Delivering a successful transformational project requires not only expertise but also the ability to effectively navigate through potential roadblocks and make quick decisions. The Summit Advisory Team has a proven track record of helping businesses achieve their transformational goals by providing the necessary expertise, experience, and support. By partnering with us, you can be confident that your transformational project will be delivered on time and on budget, with minimal disruptions to your daily operations. Don’t wait any longer, reach out to us today to learn more about how we can help you transform your business for success.