Enterprise Transformation Governance: A Pragmatic Approach Using Transformation Debt(TM)

Enterprises (Public Companies Private Companies Government Agencies) spend Billions of Dollars year on year Transforming and changing themselves. With widely accepted figures of 70% of all projects fail (McKinsey September 2013) the amount of money (and more importantly time) that is lost cannot continue especially in a world that is changing faster and faster while demanding that all this Transformation must be done with less resource.Identifying and managing Enterprise Debt(TM) (that is created when Transformation work deviates from accepted Roadmaps and Principles) is the key to keeping your Transformation projects aligned with your Strategy and identifying when any deviations occur at the point when that deviation occurs so that sound business decisions can be made to either accept the deviation with a plan of how to deal with the resulting issues and risks or to act to stop the deviation.Enterprise Debt(TM) is a fact.Your Transformation efforts are creating it every day.Either you will control it.Or it will control you.