Some strategies to prevent project regression in process improvement include:
1. Regular monitoring and evaluation of the project's progress. This helps to identify any issues early and take corrective action.
2. Training and development of employees involved in the project. This ensures that they have the necessary skills and knowledge to carry out their tasks effectively.
3. Clear communication of project goals and expectations. This ensures that everyone involved in the project is on the same page and working towards the same objectives.
4. Involvement of all stakeholders in the project. This ensures that everyone's interests are taken into account and that there is buy-in from all parties.
5. Use of project management tools and techniques. These can help to plan, organize, and manage resources effectively.
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Over the first four years, the bank launched 33 to 51 projects every six months, each involving 1,600 employees. Initial improvements in efficiency averaged 10%; the gains rose to 20% after a year and 31% after two years. However, despite the impressive gains, 21% of projects failed to yield any improvements. Among the 79% that showed initial improvements, many regressed: only 73% were still producing results above baseline after a year and after two years the number fell to 44%. The researchers examined whether projects that were initially successful could preserve the gains and show continuous improvement, but only 51% of them were continuing to improve a year after launch and after two years the figure dropped to 36%.