How does lack of prioritization impact a transformation initiative’s success?

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Senior Executive Advisor in Software2 years ago
Business transformations are driven by several strategic initiatives tied to business outcomes, which in turn break down into numerous tasks that require complex sequencing and orchestration in order to be successful. Many of these tasks are added to the organization’s backlog and assigned to the team that is also focused on revenue-generating features and existing applications. They are both equally urgent to the organization and in several cases, tasks from both these value streams contend for priority. The result is that teams are expected to multitask or do task switching to achieve progress; however, this results in a drop in productivity. The additional overhead of task management and context switching turns this into a sub-optimal approach. 

The approaches I’d recommend instead are:

1. Acknowledge transformational tasks as legitimate and value-generative backlog items. 

2. Weight transformational tasks based on the sense of urgency, the strategic impact of the business outcome that the task is driving, and the complexity of the task.

3. Prioritize the backlog. 

4. Reduce the velocity of development by a fixed amount through negotiation with business owners.

5. Reduce waste of task switching where possible.
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VP of IT in Finance (non-banking)2 years ago
Lack of prioritization in any project can and will hinder success.  The lack of buy-in from the executive staff, as well as the business, is a sign that prioritization is an issue.  Without prioritization, you will not receive the support or resources need to ensure a successful transformation.  An established project team, leader, and sponsor will help ensure that priorities are well defined and kept.  We are all busy and stressed when it comes to juggling multiple projects and responsibilities at work which causes us to narrow our focus to tasks for the moment.  Without the checks and balances and a leader that is “all in” more times than not you will receive less than stellar outcomes in any project whether it be a small one or a full transformative initiative.  
2
CTO in Software2 years ago
Lack of prioritization fuels confusion which in turn fuels progress paralysis
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Chief Information Technology Officer in IT Services2 years ago
In transformation, the absence of prioritization does not allow you to focus on the right things. human talent material financial resources are divided and it is difficult to visualize their success and therefore important to prioritize things to know your abilities well in order to succeed in transformations and to be able to measure them.
Chief Technology Officer in Finance (non-banking)2 years ago
When everything becomes a priority, we all know the outcome of those transformation initiatives.  Though a Steering committee sounds a bit bureaucratic in a transformation initiative, it is a necessary evil.  Without such discipline, initiatives get into a chaotic state where sub-teams within a larger team may drive in different directions. Well-understood and agreed-upon guiding principles are important to establish in the early stage of the transformation program. More importantly, the execution must adhere to the guiding principles. 

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Hello,
the topic is so broad, what are you focused on?
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