While many companies recognize the need for IT / Digital transformation to keep pace with technological innovation, they all too often fail to see the need to prepare for the journey of transformational change (aka pre-mortem) by first understanding the hidden anti-patterns of change and their respective anti-dotes in the domains of Culture, Approach, & People (CAP). As a result, most IT transformation strategy projects fail even before they start because they begin with technology transformation rather than with business transformation (CAP) that grease the skids of change.
The Solution? Companies initiating IT transformation projects must first become aware of the 24+ hidden anti-patterns in three categories; i.e., the hidden habits of culture (C), the hidden process constraints of approach/methods (A), and the hidden influencers or people (P) within an organization that affect the organization's perception of change. Second, they need to become students of 24+ anti-dotes before initiating IT transformation. Third, they need to practice implementing these anti-dotes with an experienced coach until proficiency is reached. As the management consultant Peter Drucker once said: "Culture Eats Strategy Over Breakfast" whereas CAPstone Strategy™ Unleashes Results Over Lunch!
CREATIVE DESTRUCTION FROM COMPETITORS
Did you know that 88% of the Fortune 500 companies from 1955 are no longer on the 2016 Fortune 500 list? That's right, only 12% of these Fortune 500 companies survived the forces of creative destruction from marketplace competitors. The 12% that survived mastered the art & science of business transformation via CAP-based practices that enable simultaneous execution in tandem with disruptive innovation. How likely then is it for your organization to survive without a strong ability to innovate while simultaneously sustaining current operations?
70% FAILURE RATE FOR BUSINESS TRANSFORMATION PROJECTS
Unfortunately, the problem gets even worse. To survive the competition, companies often have to constantly transform themselves through disruptive innovation in order to pivot in response to marketplace changes. However, due to the complexity of orchestrating large projects, the failure rate of transformation projects has been nearly 70% for more than 2-decades!
71% FAILURE RATE FOR TECHNOLOGY PROJECTS
Just when you thought it couldn't get any worse, it does. Given that most business transformation projects have significant dependencies on technology transformation such as digital transformation (Social, Mobile, Analytics, Cloud, Customer Experience), it turns out that the failure rate of technology projects has also been 71% for more than 2-decades.
More than 25-years of research has revealed that the root causes of all this failure can be linked to 24+ anti-patterns.
CAPSTONE STRATEGY™ Fortunately, over 25-years of research & practice demonstrates that the 70% failure rate for both business transformation and technology transformation projects can be elevated to over 90% success with practice-based anti-dotes that mitigate these 24+ anti-patterns. There are two primary macro-level anti-patterns: 1) the first is called the Modal Singularity Anti-pattern (MSA) and its anti-dote is called Poly-Modal Antidote™ (PMA) whereas the second is called the Internal-Architecture Anti-pattern (IAA) and its anti-dote is called External Architecture Antidote™ (EAA). The CAPstone Strategy™ focuses first on remediation of these two foundational root-cause macro anti-patterns (one business and one technical) and then the other 24+ anti-patterns in a way that unleashes digital transformation success, competitive advantage, and disruptive innovation with unprecedented results.
By mitigating the 24+ anti-patterns described above with practice-based anti-dotes, an organization can elevate its average success rate of IT 2.0 transformation project delivery from the dismal 29% worldwide average to over 90% success in order to achieve 2x Innovation, 4x Velocity, 10x ROI.
Our highly experienced team of expert consultants have more than 100 years of combined experience in helping business leaders transform and deliver strategic mission-critical initiatives successfully the first-time via our proprietary CAPstone Strategy™ that overcomes 24+ blockers. Contact us today to learn how to mitigate the blockers (aka anti-patterns) with our proprietary antidotes that are capable of unleashing 2x Innovation, 4x Velocity, 10x ROI.