What Is Strategy?

Arras People

But what exactly is strategy? Wikipedia defines strategy as a “high level plan to achieve one or more goals under conditions of uncertainty” Yet strategy is different from vision, mission, goals, priorities, and plans. Project Management business strategy strategy

Balancing Agility and Strategy

The Clever PM

One of the common struggles that Product Managers are faced with is figuring out how to be “agile” while still managing to a vision or strategy that’s been established by the Executives or Board. The important thing to remember is that strategy and agility are not in conflict with one another — if a strategy is […]. Product Management Agile Culture Good PM Influence Leadership Organization Planning PM Strategy

Software Review: Roadmap Planner [2017]

Girl's Guide to PM

This is where you can add notes, projects or tasks to part of the roadmap so that you don’t forget what that element of your strategy was supposed to be about. General Information. Name: Roadmap Planner. Vendor: KeepSolid Inc.

2017 269

Software Review: Roadmap Planner [2017]

Girl's Guide to PM

This is where you can add notes, projects or tasks to part of the roadmap so that you don’t forget what that element of your strategy was supposed to be about. General Information. Name: Roadmap Planner. Vendor: KeepSolid Inc.

2017 257

Connecting Analytics to Strategy - Keeping Your Corporate Objective In Sight

Speaker: Tom Evans, Senior Principal Consultant and Trainer, 280 Group

But there is one essential element that is often left out of the conversation, and that is strategy. How does my product decisions support the overall strategy of the business, and am I tracking the right metrics based upon that strategy?

How to connect business strategy with project management

Moira Alexander

Think of the strategy and PM connection in construction terms, where the step of pouring footings and foundations needs to adequately support all other work that follows and ultimately the final structure -- in this analogy the final structure are the end goals. Suresh Srinivasan, CTO at NYU Langone Medical Center , tells CIO, within the NYU IT department there are two key components that link the business strategy and project management.

High Turnover? 8 Strategies for Employee Retention

Brad Egeland

Here are eight organic strategies that can improve your employee retention rate. ​ A high turnover rate is always an unwelcome sign, especially for project managers who rely on a committed team.

How Does Your Organisation Fare with Strategy Execution?

Arras People

There’s a webinar being held this Tuesday 5th December – 12noon UK time by Strategy Execution (a project management and strategy execution training specialist – they’re part of our training directory).

Strategy-Execution Gaps

Troubled and Failing Project

The statistics on strategy execution are dismal: 59% of middle managers fail at resolving conflicts in corporate strategy. Strategy45% of middle managers cannot name one of the top five corporate goals. 64% of cross department/functional issues are poorly resolved.

The Canvas Strategy

Zen Project Management

One piece of advice I appreciated is what he called the canvas strategy. This strategy will accomplish a number of things. I’m making my way through the Tim Ferris' book Tools of Titans. It’s well over 600 pages but it has a lot of useful, interesting advice, though I'll admit some of it is a bit out there. He breaks the book up into three areas; Healthy, Wealthy, and Wise. The book is really just a summary of podcasts done over the years with some other advice added in.

Risk Response Strategies: Full Roundup

Online PM Courses

Risk response strategies are the basic ways you can handle project risks. In this article we’ll examine the risk response strategies you have available to you, what they mean, and when you should use them. How many Risk Response Strategies are there?

Risk 90

Agile at Scale – Outcome Driven (or Broken)

Tyner Blain

It may be that your strategy is one which is beyond the skills of your teams, in which case you need to choose a different problem to solve. Opportunity – an initiative supporting the strategy, easily a year or longer, maybe divisional in scope.

Agile 459

How to Analyze Business Strategy to Improve Your Projects

Brad Egeland

Connecting projects to organizational strategy can improve projects in several areas including preparation of business cases, request management, planning and resource allocation, risk management, budget control, and collaboration. Delivering successful projects enables organizations to reach their strategic objectives quickly with enhanced long-term commercial results.

Product Management Synapses

Tyner Blain

If that makes the most sense, given the objectives of the investment, strategy of the firm, and architectural vision, great. There is nuance to understanding customer goals when developing requirements or formulating product strategy.

2017 269

Top 5 PMO Trends for 2017 You Can’t Afford to Ignore

Arras People

White Paper: 8 Reasons Your Business Strategy Might Just Fail. Heard the saying, “Change has never happened this fast before, and it will never be this slow again”?

2017 185

The 5 Reasons You Need Planning a Strategy

Project-Management.pm

Planning a strategy is time-consuming; apart from exerting so much time and effort in it, you need to gather experienced people for the job. And the people should be devoted and not chicken out once the strategy plan is implemented. Another factor to take note is when planning a strategy; you cannot go wrong with specific and clear details. But the burning question is: why do organizations feel the need to plan a strategy ? Planning a Strategy #4: Strategy Alignment.

3 reasons why having a knowledge management strategy is important

Hydra

Why do organisations need an effective knowledge management strategy? Knowledge Management

The Potential of Agile

Tyner Blain

The agile process gives you frequent opportunities to validate the hypotheses on which your product strategy is built. Trustworthy predictions about accelerated, effective value delivery enable are a competitive advantages – which you can leverage in distinct product strategies.

Agile 299

Project Management Career Q&A – Strategic and Business Management Development

Arras People

Strategy management, financial planning processes; portfolio management and strategy execution are all areas for consideration. This Q&A originally featured in PMI’s PM Network magazine – June 2017 edition. Q&A Project Management Careers Business Management business strategy PMI Strategu strategy Talent Triangle

2017 162

Cut, Cut, Cut: Elimination Strategies To Boost Productivity

Project Management Hacks

Elimination is an underrated productivity strategy we all need to practice. If elimination is such a great strategy, why isn’t it more popular? You may have multiple goals for the year (I have 10 for 2017).

Three Small Business Growth Strategies

Binfire

Follow these three steps to keep your independent business growing

Successfully Pivoting Your Sales Strategy

amium

In the article, Yuri shares some valuable lessons that we learned when we redefined our go-to-market sales strategy when we launched Amium. Through Yuri’s article, readers can get an inside view of how a company pivot affected our prospecting approach, changed our sales management strategy, and helped define the new skills that our sales team needed to succeed in the new model. The post Successfully Pivoting Your Sales Strategy appeared first on Amium.

Measure What Matters

The Clever PM

Product Management Definitions Do's Don't Good PM Leadership Metrics Planning StrategyMany people are aware of the famous quote from Peter Drucker, “What gets measured, gets managed.” ” But what people don’t often consider is that what’s being measured and managed might actually not matter at all at the end of the day. When we measure things that don’t actually drive us to improve, we’re just acting like a […].

2017 191

How to Get Fired at the C-Level

The Lazy Project Manager

But perhaps not getting fired is your preferred outcome and, if that is the case, then you might have a challenge or two in the arena of strategy execution since the number one reason CEOs get fired is mismanaging change! speaker PMI pmp project project manager project speaker strategy

2017 195

What to Look for in Project Management Software

Entry

Project Management Project Management Software Project Management Tools Strategy Entry Software project managementHaving systems in place to organize the resources, events, schedules and customer service will make the job of the project managers a whole lot easier. The post What to Look for in Project Management Software appeared first on Entry Software Corporation.

How to Analyze Business Strategy to Improve Your Projects

Brightwork

Connecting projects to organizational strategy can improve projects in several areas including preparation of business cases, request management, planning and resource allocation, risk management, budget control, and collaboration. What is a Business Strategy? Before starting the analysis, I want to define what exactly Strategy is. Johnson & Scholes (2005) define strategy as “the direction and scope of an organization over the long term”.

2005 48

Managing Your First Strategic Initiative

Arras People

It will be interesting to see how many strategic initiatives British Airways will instigate in light of the recent issue of global computer failure causing chaos at Heathrow and Gatwick in May 2017 to rebuild consumer confidence in their battered brand.

High Turnover? 8 Strategies for Employee Retention [Guest Post]

Brightwork

Here are eight organic strategies that can improve your employee retention rate. 8 Strategies for Employee Retention [Guest Post] appeared first on BrightWork. A high turnover rate is always an unwelcome sign, especially for project managers who rely on a committed team. The scouting and rehiring process costs precious money and time, resources that could be better used on completing company projects.

Add to the C-Level

The Lazy Project Manager

Well it starts with strategy formulation which is no longer the annual exercise it used to be – nowadays it is an ongoing iterative activity. And since each strategy gives birth to one or more projects this adds to the portfolio constantly.

2017 155

Playing Whack-A-Mole With Risk

Tyner Blain

When it comes to developing a product strategy – or even making decisions about how best to create a product, one of these assumptions is likely to be what causes us to fail. Essentially, product strategy and product ideation.

Risk 172

Lessons Learned - 8 Business EQ Strategies

Project Insight

The formal description of Emotional Intelligence (EI or EQ) is the capability of individuals to recognize their own, and other peopl. Connect, Collaborate, Perform - PM Best Practices

The 30 Most Popular Project Management Articles from 2017

MavenLink

So where did many of the business and technology executives and professionals frequent to find the top content of 2017? Top 11 project management certifications for 2017 (CIO). What people want from their project management apps in 2017 (Forbes).

2017 61

How To Start A Project As An Accidental Project Manager

Girl's Guide to PM

Simon recently spoke at 2017 PMO Conference about the evolution of the Project Management office leader to be Chief Change Officer. This article, How To Start A Project As An Accidental Project Manager , first appeared on Girl's Guide to PM. Help! I’m an accidental or new project manager.

2017 381

4 Strategies to Prepare for Industry 4.0

LiquidPlanner

here are four strategies to keep in mind. Download the guide here: The post 4 Strategies to Prepare for Industry 4.0 Robots operating autonomously on factory lines, drones delivering packages to doorsteps, 3D printed organs working alongside our own.

How These Five Competitive Forces Can Shape Your Strategy

Boost by Brightpod

Facing the threat and coping with competition is the basics of any long-term business strategy. But, how do you determ

The Monthly Digitalization Summary: Five Keywords to Articulate Digital Characteristics Aug. 2017

Hydra

Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The digital organization is a living thing, it cannot be taken apart. From one generation to the next, the substance of leadership does not change, it’s about future, change, and influence.

2017 52

10 Things New Project Managers Should Know

Girl's Guide to PM

Each project risk will need a management strategy and an action plan. Make sure you understand your project’s benefits and keep checking that they will be achieved and that the project does still align with current business strategy.

2017 377

How Strategy Games Can Improve Your Productivity

Boost by Brightpod

Think carefully and deeply. Your next move could be the last. The enemies are watching everything you’re doing and are ready to respond at any time. Emotio

The 7-S Framework: Project Management Remix

Girl's Guide to PM

The hard elements cover three factors, Strategy, Structure and Systems. Everything from formal processes, strategies, reporting, organisational charts and IT systems falls under this category. Strategy.

2017 253

Customer Churn and SaaS

Tyner Blain

Even if you aren’t currently worried about the economics of SaaS, if you’re a product manager or if you are a product owner, you should be thinking about the strategies that drive what your product becomes. Software as a Service is not a one and done transactional offering.

2016 159