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[Narrator] Traditionally, 50 to 70% of change efforts

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fall short of their intended targets.

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Common reasons for unsuccessful efforts include

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not the right focus,

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no predictability, siloed efforts,

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no impact on the bottom line.

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To help senior leadership focus their attention

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on what matters the most,

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and create an outcome-driven organization,

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BCG developed a framework designed to structure

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and confidently deliver executional certainty

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within a transformational effort.

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It includes establishing the correct governance,

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aligning leadership,

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communicating the upcoming effort broadly,

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and successfully executing forward-looking

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and cause-correcting initiatives.

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To compliment and reinforce these principles,

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BCG created Key by BCG,

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a cloud-based program management

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and performance improvement solution.

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Key is designed to bring full transparency

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across regions, roles, and program scope.

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It is a platform that instills accountability,

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identifies risks, and sparks action.

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Key by BCG enables all stakeholders to monitor and report

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on initiative and program progress in real time,

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empowering those involved to take swift

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cause-corrective action, ensuring results.

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Because what gets measured is what gets done.

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Here's how the organization and in particular,

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the transformation management office, benefits

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from Key's ability to track and predict performance,

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elevate risks, and manage programs efficiently.

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By hosting the solution on a cloud-based platform,

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organizations avoid the time consuming and complex task

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of consolidating multiple files,

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a challenge commonly faced

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by geographically dispersed teams.

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At its core, the solution has user- and role-specific rights

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so that each user only sees relevant information,

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ensuring confidentiality at different levels.

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Initiative owners drive day-to-day execution

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of the individual roadmaps.

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They agree on a set of critical deliverables and milestones

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with the transformation leaders,

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and lock that plan into place,

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including any financial and operational impacts.

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As the initiative moves from planning to execution,

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the initiative owner provides immediate updates

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on progress and identifies any anticipated risks

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against the original plan.

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Senior leadership can take necessary actions

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based on the configurable objective status indicators,

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that trigger yellow and red flags

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before deadlines or impacts are affected.

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The initiatives are stored within the program structure.

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Various folders and levels

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within the program structure are configurable,

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to match the reporting lines and layout of the organization.

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The program structure can also be reordered

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by leveraging the matrix view,

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allowing senior leadership to focus their attention

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on the most relevant initiatives.

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This helps to break down silos and increase visibility.

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The reports and dashboards show real time updates

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from individual initiatives

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consolidated at the program level.

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Key by BCG's dashboards and out-of-the-box reports

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can be configured unfiltered to target specific audiences

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or specific sets of information.

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This gives leadership the visibility and insight they need

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to drive cause-corrective action;

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identify risks or upcoming deliverables;

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understand how the overall portfolio

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is projected to perform;

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track and monitor financial impacts, operational KPIs,

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and other leading indicators for successful execution

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throughout the portfolio.

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Create full transparency

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and an outcome-driven organization to achieve

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or surpass your planned outcomes.

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Ensure value delivery with Key by BCG.