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The goal of many Lean Six Sigma projects revolves around making a successful change in how a business operates that will result in reduced costs or revenue growth. But many companies continue to fall short when it comes to making a successful transformation.
That persistent lack of success is part of the latest McKinsey Global Survey that focuses on core issues involved with a successful transformation. The report provides insight for those interested in learning how to make organizational change a success. That’s a front and center issue for practitioners of Lean and Six Sigma who seek to make changes that streamline operations.
It’s also needed, according to McKinsey. The survey found that the more “transformation actions” a company takes, the greater the chances for success. However, McKinsey also found that “the average success rate has remained persistently low.” They report that less than one-third of respondents who had participated in a transformation in the past five years saw it as a success in improving and sustaining those improvements.
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