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.

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

Failing to Deliver Strategy… Slowly

Planview

Then, you pass the list of projects to those who “align” those projects to strategy? Who is responsible for delivering strategy? You must start with strategy. You must connect strategy to what the organization is doing, while providing a plan to deliver faster.

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.

Connecting Analytics to Strategy - Keeping Your Corporate Objective In Sight

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

Data analytics has transformed the way many product managers approach product enhancements, creating strong demand for product managers with skills and expertise in defining and analyzing product metrics to make more valuable product decisions.

Elements Of A Successful Data-Driven Marketing Strategy

Brad Egeland

Optimizing Your Digital Presence For The Web When you’re considering any data-driven marketing strategy, you can’t exclude SEO , or Search Engine Optimization. Considering Possible Numbers There are many different things which define successful marketing campaigns today.

5 Strategies for an Effective Teamwork

Binfire

To make your team work more effective follow the tips and strategies which are going to be discussed here. Strategies for an effective Teamwork . A team has to work to achieve goals which you will define.

Connecting Project Benefits to Business Strategy for Success

Herding Cats

The answer is they come from the Strategy of the IT function. Where is the strategy defined? What are the measures of the outcomes connected to each other and connected to the top level strategy to the strategic needs of the firm. NoEstimates Balanced Scorecard Strategy

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.

From Strategy To Execution and Delivery

Herding Cats

These answers start with defining the strategy. For these strategies to work, we need to define the Measures of Effective, Measures of Performance, Technical Performance Measures, and Key Performance Parameters for each of the outcomes that produce Value in exchange for the Cost and Time to produce that Outcome. There always talk about Focus on Value. But that does that mean? What are the units of measure of Value ? What does it Cost to deliver that Value ?

The product launch playbook: 25 tips and strategies for a flawless launch

Planio

Research the market and turn your ideas into strategy. Define your ideal customer (just one per product!). Put everything together in a launch day strategy (and use your project management tool to track it all). Debrief your go-to-market strategy.

Agile at Scale – Outcome Driven (or Broken)

Tyner Blain

At the end of the day, it depends on how you define agility, or more precisely how you define “self-directed.” 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.

Agile 459

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

Risk, Their Sources, and Handling Strategies

Herding Cats

Epistemic uncertainty, and the risk it creates, is modeled by defining the probability that the risk will occur, the time frame in which that probability is active, and the probability of an impact or consequence from the risk when it does occur, and finally, the probability of the residual risk when the handing of that risk has been applied. Epistemic uncertainty statements define and model these event?based Define Reducible Uncertainties ?

Top Time Management Strategies to Keep Employees Stay on Track

Proofhub

What are the must-to-know time management strategies? Set a SMART (specific, measurable, action-oriented, reasonable, timely) goal that defines what needs to be done to ultimately create success and improvement.

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? It’s one of the best ways to eliminate that “crazy busy” feeling that make the week feel like a long slog.

You Won’t Believe What These Five Lenses Can Show You About Your Product

Tyner Blain

The Product Strategy Grid. Steven Haines wrote The Product Manager’s Desk Reference , and from ( the first edition of ) his book I learned about the product strategy grid. I believe the product strategy grid is a fantastic tool for.

2015 185

6 strategies for choosing the right project management tool

Hive

Define your needs The first step to finding a project management tool is identifying the current problems in the way your team works. You can also use this list as a starting point to define what features you do want in a project management tool.

The Potential of Agile

Tyner Blain

The agile process gives you frequent opportunities to validate the hypotheses on which your product strategy is built. Quality should be defined from the outside in, just like your product. When you define quality as “how many bugs there are” you are thinking too small.

Agile 299

Good Enough

Tyner Blain

Many people mis-define product in MVP to mean experiment. There are three perspectives on how we approach defining good enough when making decisions about investment in our products. But no one provides us with any tools for articulating how to define “good enough.”

2014 225

How To Improve Your Project Management: Success Strategies from Workzone

Workzone

Go through the same exercise with your key team members from various departments, e.g. strategy, UX, design, marketing, development, and QA, to understand what tools and features can help them do their job more efficiently. Want to implement one of these strategies in your project management?

Product Owner Manager – Alone Together

Tyner Blain

Together, the product people need to take an organization’s strategy, figure out the appropriate product strategy, and convert that into actionable work for the delivery teams to create the right product. How will we manifest our organization’s strategy through product?

2016 203

Classifying Market Problems

Tyner Blain

As a quick review, Mr. Levitt defined the following model: Which works in that the center of the bullseye is the heart of the product, and as it grows, it reaches the potential of an imagined marvelous product. Think “ blue ocean strategy ” here.

2014 185

Managing Your First Strategic Initiative

Arras People

More than ever the need to have a defined and clear communication plan is paramount with a strategic initiative. Project Management barvas strategic strategy

Features do not a Product Roadmap Make

Tyner Blain

Other themes could be “improve our positioning relative to competitor X” or “fill in a missing component in our portfolio strategy.” Agile Prioritization Product Management Product Strategy Requirements Software development

2015 235

Agile Through a Matrix Lens

Tyner Blain

Our first step is to define our two axes. Requirements and expectations are immutable – this is the typical expectation within a large bureaucracy; someone built a business case, got funding, and allocated a team to deliver the product as-defined.

2014 191

Cargo Cult Requirements

Tyner Blain

Building solutions for users in markets that aren’t aligned with their company’s strategy. Specifically, is there a user persona defined? The features may be explicitly defined (e.g.

2013 239

Whole Product Game

Tyner Blain

How can Theodore Levitt’s classic Whole Product approach help with defining a product roadmap? Theodore Levitt’s model is one for developing marketing strategies around a product, but we were using it to develop a roadmap.

2013 165

INVEST, Scrum and Enterprise IT

Herding Cats

The interdependencies e well defined, so making a User Story Independent can take place only to the minimal level that a User Story is dependent of other User Stories for collected data, processing that data, and producing data to be collected and processed by other User Stories.

SCRUM 43

A Comprehensive Guide to Agile Project Management

Redbooth

Most PM strategies rely on waterfall, aka a hierarchy of sequential tasks that ends with a big product launch. If you work in tech or any industry where things change fast, you probably are familiar with agile project management.

Agile 137

Process Groups and the 5 Steps of Traditional Project Management

Redbooth

Process groups help you bring together and clearly define all of the individual tasks, steps, and processes you need to accomplish along the way. We’ll talk about these five steps and how process groups fit into your overall project management strategy.

INVEST, Scrum and Enterprise IT

Herding Cats

The interdependencies e well defined, so making a User Story Independent can take place only to the minimal level that a User Story is dependent of other User Stories for collected data, processing that data, and producing data to be collected and processed by other User Stories.

SCRUM 36

Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

It can mean different things within various organizations or circumstances, but there is a way to broadly outline this business process improvement methodology and define its beginnings, its, rise, its use and its implementation. To start, let’s define the term Six Sigma.

2018 325

Definition of Done

Herding Cats

The Technical Performance Measures assess design progress, define compliance to performance requirements, identify risk, are limited to the critical thresholds, and include projects performance.

SCRUM 51

Managing a Strategic Project Portfolio

Planview

Then, you pass the list of projects to those who “align” those projects to strategy? Who is responsible for delivering strategy? You must start with strategy. You must connect strategy to what the organization is doing, while providing a plan to deliver faster.

2018 87

7 Signs Your Project is Bound to Fail

Redbooth

Our advice: Trim your task list to only the essential parts needed to meet your goal as defined in the project plan. If the same questions appear again and again, you haven’t come up with a solid strategy for solving common issues and equipping people to tackle more complex problems.

2018 111

Fallacy of the Day

Herding Cats

1] This is the foundation of Capabilities Based Planning, The Capabilities must be defines before the Requirements are elicited. 2] " Aligning IT to Organizational Strategy ," . [3] NoEstimates Agile Architecture Business Capabilities Debunking Decision Making Fallacy of the Day Logical Fallacy Root Cause Analysis Strategy Systems TheoryRequirements, as traditionally used, are a separation tool. To separate the "thinkers" from the "doers". In software this is a HUGE mistake!

2007 30

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

Maintaining a healthy portfolio requires organizations to align the portfolio with strategy and to select suitable metrics to track progress. Project Portfolio Management and Business Strategy. There is a circular link between strategy and project portfolios.

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

Maintaining a healthy portfolio requires organizations to align the portfolio with strategy and to select suitable metrics to track progress. Project Portfolio Management and Business Strategy. There is a circular link between strategy and project portfolios.

The risky side of project management

Moira Alexander

There will be times where this simply can't be done and other strategies should be considered. Getting to the point of knowing the best strategy can be dependant on many things such as priority, company policies, management outlook, external factors, stakeholder preference etc.

2016 254