Use the DICE formula to increase the effectiveness of change initiatives
Created by The Boston Consulting Group (BCG), the DICE simplified statistical formula predicts whether a change program will succeed or fail and how to adjust accordingly.
The following basic rules of thumb are good guiding principles.
- shorten the length of a project
- break it into regular, formalized milestones
- schedule standard "learning milestones"
- develop robust plans but allow for missteps
- select top-performing leaders
- pair initiatives with the corresponding strengths of team leaders
- ensure team objectives and roles are defined
- strike the right balance between the amount of time teams are able to devote to the project versus regular day-to-day operations
- ensure that both senior leaders and employees are committed
- communicate with staff early and often and be aligned
- communicate three times more than seems instinctively reasonable
- people usually need to hear a message nine times for them to understand what it really means for them
- assess talent pool based on both current and anticipated needs
- keep close track of who possesses which skill set
- check ongoing initiatives before committing to new ones
- fail fast to learn fast
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