Last week at the Strategy Lab we did a quick video on the definition of an IT Project failure - a simplistic yet critical post in establishing the foundation for our upcoming discussions on the 9 critical steps of implementing enterprise software that will optimize your business.
In today's talk we decided to review three examples of IT project implementations that went horribly wrong. The boondoggles we reviewed fit into one or more of the following IT Project failure categories including: 1. Cost Overruns 2. Missed Deadlines and 3. Failure to meet business expectations.
Sadly these failure examples are just the tip of the iceberg when it comes to IT Project Failures (see here for other famous examples).
A special thank you goes out to Thomas Wailgum down at CIO magazine for contributing two really good examples of IT Project failure (Hershey & Nike) and the Canadian Broadcasting Corporation for reminding us of the billion dollar database failure that tax paying Canadians purchased at the beginning of this decade. You can read further into these cases by following the links below:
IT/Software Boondoggles - 3 Examples of IT Project Failures from Waggware on Vimeo.