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    The Trillion Dollar IT Revolution
    The Trillion Dollar IT Revolution
    The Trillion Dollar IT Revolution
    Ebook164 pages2 hours

    The Trillion Dollar IT Revolution

    By Urs Milz

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    About this ebook

    Through extensive analysis, I discovered a wide range of studies and statistics showing all that 30 - 70% of IT projects fail. Financially of great importance is the fact that the average company has listed "at risk – projects” for 74 million dollars every year. This important gap in IT project management calls for action.
    In my book I describe the important and neutral role of the IT Project Coach to ensure the success of an IT project. As a pilot who helps big ships to enter the harbor safely, an ITP Coach assists all project members to build a guaranteed success with the highest motivation. I show a process to improve the IT Project Management, saving a massive amount of revenue. I aspire to make working more enjoyable in IT, refocusing from Human Capital to Human Beings. A holistic vision of leadership, communication and success in today’s IT world.
    Top 3 transformational technologies trends of the 21 century:
    First trend - The ITP coach represents a process to drastically reduce project failure which conversely means significantly increasing the success rates!
    Second trend - Emotional intelligence should be significantly more important than one’s cognitive intelligence in achieving career success.
    Third trend - Educating the mind with educating the heart and go forward with a highly motivating collective learning approach. The ITP coach network will highly benefit from talent and passion.

    LanguageEnglish
    PublisherUrs Milz
    Release dateApr 9, 2014
    ISBN9783952425473
    The Trillion Dollar IT Revolution
    Author

    Urs Milz

    URS MILZ knows Multinational’s IT business from top to bottom. He sees the large picture in order to optimize processes, communication and strategies. Be it programming, testing, quality or project management, Urs possesses extraordinary knowledge. As an experienced Senior Consultant, business analyst, project leader and professional Coach, he consistently demonstrates his ability in knowing how to lead IT projects to success. Along his career, Urs gained extensive experience in cultivating opportunities and resolving disagreements. With insightful, emotional intelligence, he builds confidence and group synergies to produce optimized solutions. Urs dedicates his professional expertise in IT project management to Multinationals - improving processes and work quality. His new, unique ITP Coach Process defines best practices of leadership and communication to achieve success in today’s IT world.

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      Book preview

      The Trillion Dollar IT Revolution - Urs Milz

      1

      Introduction

      The Trillion Dollar IT Revolution presents a revolutionary idea with well-defined processes and procedures to significantly increase the success rate for IT projects.

      Studies indicate that 30–70% of all information technology (IT) projects fail. Curiously, projects do not fail because of the technology or the choice of a procedure.

      Projects fail due to:

      A lack of information given to the project team;

      Poor communication among the team members or between other groups and the team;

      Lack of confidence in the project among the team members assigned to the project;

      Lack of confidence by management in the team’s ability to solve problems.

      A study conducted by the University of Mannheim concerning successful IT projects discovered that IT teams whose projects were successful worked fewer hours than other IT projects that were not successful. In other words, long hours and overtime does not contribute to and certainly does not guarantee project success.

      From a financial perspective, the average company lists at risk—projects totaling $74 million every year.

      The huge gap between projects initiated and projects successfully completed in IT project management begs to be addressed.

      The primary purpose of this book is to convince IT managers that each IT project needs a coach. The dedicated role of an ITP coach dramatically increases the likelihood of success for IT projects.

      By following the advice of a notable, big thinker, I attempt to make the vision behind the ITP coach approach very easy to understand:

      The only rational way of educating is to be an example—if one can’t help it, a warning example.

      Albert Einstein (from a letter to Irene Freuder, 20.11.1932)

      To implement this revolution, this book presents a process to bring together ITP coaches in a collective learning group. In chapter 8, I discuss the core idea of creating an ITP coaches network comprised of a community of IT specialists and good coaching professionals. This community will grow together, building and certifying a new profession: the IT project coach.

      In chapter 2, I discuss the strong need to leverage leadership and communication which are the main project oriented and networking tasks of an ITP coach. This includes consideration of communication challenges in the globalized labor market. Other topics are the challenge of choosing the right tool from the wealth of project management tools and different studies and reports about the todays’ challenges.

      Chapter 3 addresses the specific tasks of an ITP coach which, when implemented in an IT project, generate success by effectively using collective learning.

      Chapter 4 describes how companies can increase success rates through motivated employees and by generating better understanding among members of the project team. Also found in this chapter are the ways in which business coaching and ITP coaching differ and the significance of those differences. Chapter 4 closes with a look at values, purpose and goal setting.

      Methods to multiply success rates of IT projects while helping people experience more satisfaction at work are at the core of chapter 5. We learn the importance of building trust within a project team. Chapter 5 also challenges managers to make effective use of the 80–20 rule and to recognize that ITP coaching improves project management.

      Chapter 6 leads the reader through issues relevant

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