Success is achievable through the accountant

The consensus thought is if the strategic plan is constructed properly, the strategic plan will be implemented successfully, similar to the quote by Chevy Chase in the movie Fletch (1985):  “It’s all ball bearings nowadays”.  The evidence points to the contrary.  In a recent study by the Project Management Institute (PMI), only 56% of strategic initiatives meet original goals and business intent resulting in a 10.9% loss of investment[1].  The high variance of success rate range from 89% to 36% suggests a 12 fold savings for high performers to low performers[2].  Other contributing factors for implementation success include strategic alignment (71% to 48%) and agile organizations (69% to 45%) suggest the case for lean strategy[3].

Lean strategy changes this outcome due to its foundation to focus on the customer in every process and task performed by the individual and organization as a whole.  The accountant is uniquely positioned within the organization to impact the success for strategic implementation along with the support and development of the lean organization.  This article explains why the accountant is suited to start the lean strategy, how to start a lean strategy, continue with lean organizational development, and finish with lean operations and control.  With this direction, the accountant can become a driving force for successful strategic implementation and positive performance within the organization.

[1] Pulse of the Profession – The High Cost of Low Performance 2014, Project Management Institute (February 2014)

[2] Pulse of the Profession – The High Cost of Low Performance 2014, Project Management Institute (February 2014)

[3] Pulse of the Profession – The High Cost of Low Performance 2014, Project Management Institute (February 2014)

Published:  Journal of Cost Management.  Jan / Feb 2017 Issue.

Gary Kapanowski – Lean Six Sigma Master Black Belt – Excelsior

 

Download article from the Journal of Cost Management here:

Kapanowski final LEAN IMPLEMENTATION