Turnaround Experiences: How to Rescue Struggling Projects
Jagdish Belwal
FlocknGo Co-founder | Startup Mentor | CEOs' Digital Coach | Transformation & Growth | Criticaleye Board Mentor | ClarITea Chat - Linkedin Live Host | Former CIO at GE & Tata Motors | Avid Golfer
Are you scared of the f-word??Don't be scared, I am discussing the 'f' for ‘Failure.’?
Is it just me, or?you also think of success or failure concerning all your work or initiatives??
Today, let's discuss my experiences with Rescuing Failing Programmes. But let's first understand what we call ‘Success’ or ‘Failure.’ My definition of success is when a program delivers tangible business benefits, or ROI or KPI impact. Therefore, failure can happen at different stages, even after going live.
Today, I pick 3 case studies of different stages and share some simple principles applied to rescue the programs. Some of my past colleagues agreed to join me in sharing their experiences about failing and then bouncing back. Not that I did everything – the case studies here are about doing the basics right as a team and organization. The role of the leader is to keep the teams focused on these basics.??
Here are the 3 ideas worth sharing from the conversation:???
I invited some of my past colleagues to join me in sharing their experiences about failing and then bouncing back while Rescuing Failed Programmes (RFPs).?????
?Solutions lie in getting the basics right. Taking responsibility, managing risk, and rigorous governance from the ground level to the top level.??
Case study - 1??
The First Case study Guest is Seshu Mangalapalli (OTC Lead, Solenis).??
We worked on Warranty programs in an automobile company - Seshu recalls the leadership expectations, rollout challenges, and rescue measures.??
The old warranty program was neither scalable nor sustainable. There was a plan to migrate the traditional homegrown Warranty functionality to the company’s ERP.???
4 Major Challenges in the migration program?
3 Action Plans:??
Seshu then reminisced about the war room process that was set up to manage the cutover and transition. It was required due to major changes between the existing and new applications.
Listen to the War-room strategy - All teams (Service team, business team, IT team, etc.) work as One team-one purpose to carry out Dry runs, go live, or cut over from this control room.??
The discussion then moved on to reflections on a program gone live successfully but did not deliver benefits.
Case study - 2??
The second case study Guest is Gururaj Bagali (Automotive Supply Chain Consultant), with 30 yrs. of multifunction experience in Tata Motors.?
He recaps the expectations, challenges, actions taken, and outcomes during the rollout journey of the Service Parts Planning system.???
Leadership expectations: - To ensure availability, high fill rates, and low inventory of service parts - generating increased revenue and profits- achieve ROI target. ??
2 Major Challenges to Realizing ROI
3 Action Plan:??
We are not able to derive benefits from technology because the right roles are not in place to utilize that technology.??Bureaucracy hit us.
Winning outcome:??
Once the corrective measures, especially planners, were done, ROI target was achieved in 1 year and three months, two years earlier than the written commitment to the CFO.??
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Case study - 3??
The third case study Guest is Sachin Kotasthane (Senior Solution Director, HCL Technologies), then IT in charge of the Plant team. He explains rescuing a high-profile Manufacturing Execution System (MES) program with multiple complexities and missing timelines by nine months.?????
4 Major challenges:??
?
5 Action plan??
But we arrived at a decision fork. Listen to it Managing risk- Meet leadership- advance timelines- give assurance- pull together.??
These were the 3 tier outcomes:??
Overall impact - Go-Live was advanced by 2 months, well in time to meet the peak festive load on production.??
Conclusion:?
There is one leadership lesson in today’s ClariTea Chat Newsletter. It’s that ‘the solutions lie in getting the basics right.’??
Building trust amongst multiple teams & creating a growth mindset goes a long way in ensuring success. Rigor in execution & documentation is an absolute necessity.??
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FlocknGo Co-founder | Startup Mentor | CEOs' Digital Coach | Transformation & Growth | Criticaleye Board Mentor | ClarITea Chat - Linkedin Live Host | Former CIO at GE & Tata Motors | Avid Golfer
2 年Please share your feedback on our newsletters. https://forms.office.com/Pages/DesignPageV2.aspx?subpage=design&token=51628a952b7d44fd9ef3ac073c748faa&id=C9MLqn1u0EWnhkTSu0J7KhsKf7MgFdNPialjbYb66PFUMjA4NVhPOVlWOTVMNkM0RE5HR0VFS1YwVSQlQCN0PWcu&analysis=false
Project Manager - EPC at Reliance Industries Limited
2 年Excellent insights. Very helpful. The majority of projects fail. Thank you.
Global Practice lead - Cloud, Infrastructure & Security (**Opinion and views are strictly personal)
2 年As they say the navy seals !
Global IT Executive ? CIO & Director ? Digital Strategist & Transformation ? Board Member ? Leadership Coach / Mentor ?Global Leadership Insights - IT & Digital for academics ? CIO 100 Hall of Fame & Super League.
2 年Superb. Jagadish for sharing. Insightful.
Vice President - Recruitment Product, Enrichment and Growth @ Taggd | Advanced Product Management
2 年Super!