There are tons of studies about why technology projects fail. Are these findings helpful? Evidently not, since – as everyone likes to say these days – failure is a feature, not a bug. The massive ERP business – $75B by 2030 – routinely experiences failure, and sometimes famously. Others report that CRM projects fail at nearly the same rate. Big data analytics projects also fail at an alarming rate. Digital transformation fails 70% of the time. There’s failures data everywhere!
So why do so many technology projects fail? There are at six baskets of problems: (1) poor project definitions, (2) scope mismanagement, (3) management ineptitude, (4) poor talent, (5) inconsistent executive support and. (6) corporate cultures that talk better technology games than they play. The failures research suggests that definition, scope and management problems can be “solved” with some professional discipline. It also suggests that not only are talent, support and culture problems the most difficult to solve, they’re also the ones avoided the most, which explains why so many projects fail, and will likely continue to fail. All of the problem baskets are discussed in this Webinar.
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