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.

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

Trending Sources

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.

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.

What is Strategy?

Herding Cats

Strategy is a much overused, misused, and abused word. It's tossed around by those who are unfamiliar with Strategy Making roles in businesses. . Strategy is creating fit among a company's activities. The success of a strategy depends on doing many things well - not just a few. If there is no fit among the activities, there is no distinctive strategy and little to sustain the strategic deployment process. The Framework for IT Strategy . Strategy

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 97

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 130

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.

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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 73

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 62

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 54

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 26

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

Do Start-Ups Need Project Management?

Arras People

Because start-ups need strategy and clear plans to establish sound business practices, as well as trying to obtain and retain customers. I have always firmly believed in the benefit of mapping a strategy and then developing an operational plan to deliver.

Increasing the Probability of Project Success

Herding Cats

Hope is not a Strategy. Domain is King, No Domain Defined, No Way To Test Your Idea. Increasing the Probability of Project Success Simple in Theory, Complex in Practice.

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!

4 Tips for Avoiding Bad Project Management Habits

Backlog

Without a detailed plan, it is impossible to reliably predict delivery dates, foresee upcoming issues, or adjust strategy quickly when necessary. Define what your deliverables will be and what the finished project should look like by the end.

2016 106

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.

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 14

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.

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.

How to Connect Emerging Risks, Strategies, and Project Management [Snippet]

Project Risk Coach

How to Connect Emerging Risks, Strategies, and Project Management. Once senior management has clearly defined their long-term and short-term goals, projects may be initiated to support the operational strategies. Is your organization identifying and managing emerging risks?

The Best Free Project Management Resources

Azendoo

How to define effective project management. Since the process of setting specific tasks and initiating the appropriate call to action involves a sequence of events, your strategy to arrive at the end objective should also include a sequence of events.

2016 72

Agile Project Management Methodology Explained

Azendoo

In this article, we will explain what agile project management is, define its process, tell you why agile might be right for your next project, and finally a few downfalls of this methodology.

Agile 54

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”.

Project Management Basics: 6 Steps to a Foolproof Project Plan

Wrike

Step 3: Define Deliverables. You can actually finalize dates when you sit down to define your project schedule in the next step.). Look at each deliverable and define the series of tasks that need to be completed in order to accomplish each one.

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

Defining the project scope. Clearly defining the scope will help your team focus and ensure that you and the customer have the same understanding of what will be included in the solution. If you want to know what success looks like for your project, you need to define what that means.

Crowdfunding Projects

Arras People

Having a clear, long-term strategy for business has always been part of my professional DNA. As a team, we ensured that we defined what the requirements were from the beginning, which is critical step for any successful project.

2016 75

The 7-S Framework: Project Management Remix

Girl's Guide to PM

The hard elements cover three factors, Strategy, Structure and Systems. Hard elements are easier to identify, define and understand for project managers because these factors hugely influence your projects. Strategy.

What is a Program Manager vs. a Project Manager?

Wrike

Their role is to map out and define the list of dependent projects that need to be completed to reach the overall goal. When it comes to the program, they focus on strategy and implementation, and how to delegate the projects appropriately.

Next Generation Project Management Software

Girl's Guide to PM

In this article we look at emerging software in the PPM space and discuss how its selection and implementation needs to be done in line with an overarching digital strategy. The implementation strategy requires having a plan with the final objectives defined.

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.

Risk 21

How to use data analytics to improve project outcomes

Moira Alexander

Executives will use data and analytics for business strategy and growth, creating new additional roles for professionals. Companies of all sizes have been using data analytics to seek out opportunities, reduce costs, create efficiencies, make better and faster decisions, and ultimately increase customer satisfaction; this also translates at the project, program and portfolio levels since these greatly enable company-wide strategy.

How I Do It: Communication Tools & Tips

Girl's Guide to PM

Not because I have amazing results from the strategies I use or anything, but because it’s always interesting to find out how other people do it. Communication Strategy #1: Meetings. Communication Strategy #2: Phone. Communication Strategy #3: Email.

2016 111

Rethinking Resource Management

Arras People

Our hope is that by embracing Work and Resource Management, we can help you define and deliver on those big ideas that drive your business. Whitepaper: 8 Reasons Your Business Strategy Might Just Fail. >

Lean 56

7 Factors for running an effective Kanban Replenishment Meeting

Digite

As an example, for a regular Help Desk or IT Ops team, I would imagine it would be a fairly simple task since their overall deliverable is pretty well defined and the prioritization of their work would be based on a combination of the urgent and the important.

The Essential Project Management Competencies: A 2017 Perspective

Girl's Guide to PM

I mention all of this just to set the scene that it’s hard to define what a project manager’s performance should be when it comes to project results, and that’s often why competency gaps go unnoticed.

2017 105

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

ability to define situations, document data, and draw conclusions. define the overall scope of the project. The chosen strategy was successful and the time and budget of the project were met.” Are you preparing to become a project manager but you don’t know where to start?

2018 29

What Should a New Project Manager Focus On?

Girl's Guide to PM

Strategy. And, of course, your relationship with your client is key to starting the process of defining your project’s goals. And if you treat strategy, planning, and delivery as academic, theoretical, or abstract activities, you are lost.

2016 107