Explore Michael Schank’s insights on transforming organizational processes with his innovative Process Inventory framework, addressing the high failure rates of digital transformations and outlining key success factors.
A new podcast episode of What’s Your Baseline was published on Dec 04, 2023:
Overview:
In the latest episode, Michael Schank, a leader in digital transformation, discusses his Process Inventory framework, aimed at improving organizational efficiency. He highlights the reasons behind the high failure rates of transformations and shares insights into creating and maintaining process inventories for better operational success.
Core content:
- Michael Schank shares insights on why 70% of organizational transformations fail and discusses the importance of comprehensive process inventories.
- He introduces his Process Inventory framework, designed to enhance digital transformation and operational excellence within organizations.
- The episode outlines potential use cases for the framework and what roles Centers of Excellence (CoEs) and Process Owners play.
Learnings:
- Listeners will learn about the key success factors for implementing a Process Inventory and maintaining its related models.
- The episode provides actionable steps for creating and managing a Process Inventory, contributing to improved efficiency and strategic alignment.
- Insights from Michael’s 25 years of experience in financial services offer practical advice for navigating digital transformations successfully.
The original content was published in English.
