IT Project Pain Points

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Copyright 2013 – Bob Kantor

Transcript of IT Project Pain Points

Page 1: IT Project Pain Points

Copyright 2013 – Bob Kantor

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Copyright 2013 – Bob Kantor

Are Your Enterprise IT Projects Failing to Meet Expectations?

Bob Kantor

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Copyright 2013 – Bob Kantor

Pain Point

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Copyright 2013 – Bob Kantor

It's a sobering statistic: nearly 70 percent of IT projects fail in some important way, putting the economic impact worldwide at three billion dollars, which corresponds to 4.7 percent of global GDP.

And it's a universal problem: setbacks span the public and private sectors, occur in all industries, and often result in substantial economic and productivity losses.

Pain Point

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Copyright 2013 – Bob Kantor

Pain Point

Are we are looking in the wrong place for our project management fixes?

Recent study on ERP project outcomes reports:• 53% had cost overruns• 61% had duration overruns• 60% delivered less than half the expected

benefits

Are we Managing Work - or Leading People?

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Copyright 2013 – Bob Kantor

“You were hired to be strategic, but spend most of your time on operational issues.” Top 3 with 500 CIOs

Martha Heller, President, Heller Search AssociatesAuthor, The CIO Paradox

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Copyright 2013 – Bob Kantor

“The #1 challenge our CIOs have is the lack of strength in their bench.”

Pamela J. StensonSenior Vice President & General ManagerCIO Executive Council

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Copyright 2013 – Bob Kantor

This is in spite of spending an average of $31,596 per year for training the top tier of the IT leadership team

From 198 CIO Respondents to a CIO Executive Council Survey in early 2013

Talent Management Proficiencies for your Senior TeamVery

ImportantHighly

ProficientTeam Building and Team Leadership 73% 23%Ability to Lead/Drive Change 71% 17%Communicate well with and influence business stakeholders 69% 18%Developing People 67% 14%Collaborating across organizational boundaries 65% 19%

Pain Point

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Your current solutions aren’t working

TypicalTrainingEvent

Copyright 2001 Huthwaite, Inc. Neil Rackham

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What else can you do?

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Copyright 2013 – Bob Kantor

Are Your Enterprise IT Projects Failing to Meet Expectations?

[email protected]

845-418-2839