I know, I know, we’ve heard countless percentages given regards project overrun and bulging budget, but just for good measure, I got another one. Quite recently in PWC’s Strategy + Business publication, it was stated 91.5% of projects go over budget, over schedule, or both.
If you’re like me, when you first hear these kind of stats you’ll be shocked, but now, after hearing these numbers over and over again with no major change it’s quite tiresome.
Without stories we are nothing
stories = (better chance of) success
There aren’t many construction projects that deliver the benefits they were commissioned to provide. How can we keep getting it so wrong? There isn’t just one reason as to why we end up with more actual outcomes (change not fully embedded and benefits not realised/sustained) than desired outcomes (change embedded and sustainable benefits realised) [1]. I, however think there is one area that often gets marginalised or more to the point, diluted down, until it’s forgotten about.
Why are we so quick to forget the starting point, the reason, or the story behind undertaking the project in the first place?
the headache
Projects are delivered by people, and technology yes, but it’s human intervention in the main, in this decade at least, that ensures that a project materialises. It’s those collaborative teams and their extraordinary ability to efficiently galvanise to contribute toward something bigger than themselves.
Since the individuals that make up project teams are so cardinal to a project’s ability to materialise, would it be reasonable to say, absent of the nurture that a team requires, it is these people and teams that may also be the downfall of a project?
Dysfunctional teams and toxic cultures can cause highly infectious rot from within, covert but pernicious, nonetheless. There are other contributing factors, but this rot can see major infrastructure projects overspend and overrun. These symptoms (overspend and delays) can result in the increase of actual outcomes while the desired benefits decrease or even dissipate altogether.
the source
How can we ensure the highest possibility of increasing the chances of project success?
If only I had the secret recipe that guaranteed project success. Instead, I know that a central factor that contributes to project accomplishment, however you decide to measure success, is people, and the requirement for leaders to enable them. As part of this enabling function, teams need leaders to cultivate a culture that nurtures their individual idiosyncrasies. All the while providing an authentic purpose that is aligned to the strategic narrative of the organisation and contributes to the desired benefits. All of this is an extremely complex terrain to navigate that requires gargantuan strength, I’m sure you’ll agree.
Leaders, who are anyone and anywhere, must understand the benefit(s). Each project has one or many benefits and these are supported by stories. Leaders have an imperative role in translating this benefit into a purpose through a story that the masses can relate to. This translation must be compelling, one that taps into the person’s world view; that resonates on a level that implores someone to see work as more than a simple pay cheque or turning up to numbingly clock watch. Therefore, our ability to articulate and crucially, turn the projects benefit(s) into plausible, authentic and captivating stories is an art that is necessary to increase the potential chance of project success.
We see the world through stories, it is how our brains are wired, so much so that our rational part of the brain capitulates when emotion is evoked through story. When we converse and communicate with one another, each exchange is a form of story.
The act and art of storytelling has been passed down over generations, it’s a skill that each of us possess, because consciously or not, we all do it.
However, as any other skill, we need to practice it in order for it to be effective. To alleviate ourselves from this ever prevalent and seemingly never-ending headache, there are eight little aspirins that we can take to help:
This is an essential ability that leaders must acknowledge and refine. This enables us to translate the benefits of a project into the individual’s and team’s purpose. This unwavering purpose will act as a North Star; a reference point that allows the team to focus on what’s important when things get tough. This purpose is a reminder as to why the team has been formed and negate wasted energy on arbitrary squabbles. It will galvanise, it will connect, and it will empower.
your turn
As leaders of projects, if we fail to address this, and if a project is absent of its purpose, we increase the chances of contributing to yet another failed project or programme.
However, if we can compassionately and authentically translate the projects’ purpose to resonate with stakeholders and members of the team, then we have hope. It is when we have connected through story, tapped into someone’s world view and enabled them to pursue a bigger purpose, that we have enabled the best chance of increasing the desired benefits and project success.
I wonder, just how strong the correlation between a good story and project success is.
Without stories, good, compelling stories we are nothing - you know what to do!
We need your consent to load the translations
We use a third-party service to translate the website content that may collect data about your activity. Please review the details in the privacy policy and accept the service to view the translations.