Let’s look at two very simple metrics the Oil & Gas team used to measure their progress. What percentage of projects are canceled, and how long does it take to stop them? Before growth boards: Only 10 percent of the division’s projects were being killed. That meant 90 percent of the projects delivered something, regardless of whether or not someone wanted it. First round of growth boards: 20 percent of the projects were eliminated after a ninety-day cycle and for a lot less money. Second round of growth boards: 50 percent of the projects were stopped, many of them after only a sixty-day cycle.
