Our colleague Neal Taylor, co-creator and co-facilitator of the Team Liftoffs workshop, recently wrote an article about the importance of starting a project off right. His article research uncovered some rather compelling statistics, including metrics and the measurable impacts a bad project start can have on ROI.
As Neal reports, "70% of strategic initiatives fail! That’s a stark reality we often hear reported by McKinsey & Company. Meanwhile, the Standish Group’s CHAOS Report often notes that only around 31% of technology projects succeed outright. Scrum team efficiency is still only around 5-10% on average. So a huge amount of a team’s time is spent trying to figure out what they need to do. And even when they are working a solution, there’s still a high chance they’re still working on the wrong solution."
To read more about the problem (and the solution!), check out the full article here.
To join our next virtual Team Liftoffs workshop on May 7-8, learn more and register here.