Lord
Corporation is a high end automotive and aerospace OEM. The
Information Systems Department was struggling to meet the
ever increasing demands of their clients. They were caught
in the dilemma of maintaining existing applications, providing
short term IS support while developing and implementing new
information systems.
Client support was good and customers were very satisfied.
But, poor performance on meeting project completion dates
was making senior managers unhappy - almost all of the projects
over the last five years finished late; many of them very
late.
In fact, on average they took 60% longer than estimated and
giving specific completion dates to clients was avoided.
Clearly the IS department had to change how they managed
projects.
In collaboration with Vector Strategies, Lord Corporation
soon realized dramatic improvements in delivering new applications
- on time, at or below budget. The key was knowing when to
start new projects and not exceeding available capacity.
Eliminating
multi-tasking by not over scheduling their people was crucial.
According to Bob Morrison, IS Manager for Lord Corporation, "Job
satisfaction is up and stress levels are down."
The improvements were truly impressive and achieved very
quickly. Of the first 9 projects, 6 finished on time
and 3 were early. Bob Morrison also stated, "We found an additional 60%
capacity without hiring any additional people, we are doing
twice as many projects and finishing them on time." The
high level of responsiveness maintaining existent applications
and providing short term IS customer support continues to be
excellent.
Now, three years later, the TOC multi-project solution
is still producing remarkable results and has become an integral
part
of Lord Corporation's culture.
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