10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Fortunately, there are strategies ( and tools! ) Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution.

What Makes Organisations Fail to Execute Their Strategy?

Strategy Execution | PMO Perspectives

I recently asked an executive where their organisation would be in 2 years’ time. After some tapping on their laptop, they proudly showed me their new corporate webpages, proclaiming their ‘strategy’, ‘vision’ and ‘mission’ statements. [1] All we need to do now is execute that strategy!

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Blue Ocean Leadership: The Secret to Blue Ocean Strategy Execution

The Strategic Project Manager

The Blue Ocean Strategy framework is unique in that it incorporates execution into the strategy. By contrast, most strategy frameworks are just that – strategy, and strategy alone. Uncertainty or lack of clarity in the overall organizational strategy.

5 Strategies for Digital Transformation Projects

Rebel’s Guide to PM

You also need to understand strategies that work before you begin so you can hit the ground running and avoid unnecessary delays or setbacks. In this blog post, we will discuss five key strategies for digital transformation projects. What is a digital transformation strategy?

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Moving From Strategy to Execution

Speaker: Barb Barker and Shannon Riley, Wrike Team

In its simplest state, an organization's Strategic Performance Management context begins with corporate strategies (including objectives) which cascade to business units or equivalent organizational entities (IT), which, in turn, develop aligned strategies. Projects are the temporary initiatives that companies put into place alongside their ongoing operations to achieve specific goals. As a project manager, it is our job to take these initiatives, and execute them effectively within our teams.

Operational Strategy: A Quick Guide

ProjectManager.com

Having an operational strategy helps companies meet those larger goals when planning their projects. But what is an operational strategy? Companies always need to review and revise their operational strategy to stay competitive and on track to meet their company-wide goals.

How to Get Projects From Strategy

Rebel’s Guide to PM

This is a question I’m hearing quite a lot at the moment: How do I turn my company’s strategy into actual projects? It’s good to have a strategy, of course. But a strategy that stays in a fancy PowerPoint presentation isn’t helpful to anyone.

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Six Reasons Why Strategy Execution Goes Wrong And How To Recover

Strategy Execution | PMO Perspectives

You’ve created a robust corporate strategy and aligned all your projects. Now all you have to do is sit back and wait for your strategy to be delivered, right? In this article, we share six reasons why strategy execution might go wrong and how you can address them. First, strategic execution can fail because the work the business is doing does not take it closer to the strategy. However, as a recap: Set your strategy.

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Project Prioritization: How to Prioritize Projects & Strategy

ProjectManager.com

These organizations, like any other, must execute multiple projects simultaneously but have limited resources, which makes it necessary to prioritize potential project ideas. The post Project Prioritization: How to Prioritize Projects & Strategy appeared first on ProjectManager.

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How to Create a Project Execution Plan (PEP) – Free Template Included

ProjectManager.com

Coming up with a great idea is only the beginning: t o realize it, you need a project execution plan (PEP). A project execution plan is a document for executing projects that helps you strategize, come up with project management processes and put the whole thing into action.

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Projects Deliver Products, Products Deliver Strategy

Speaker: Peter Monkhouse, Founder, NewGenP

This webinar will introduce a strategy implementation circle, which will demonstrate the role that projects and products play in assisting an organization with strategy implementation. The webinar will emphasize the importance of using an iterative approach to product development and project execution.

Challenging the C-Level Executives

The Lazy Project Manager

To that end the author offers some focused workshops, keynote presentations and insightful supporting education to help organisations achieve the success in strategic change that they desire, and to help C-level executives understand the challenge and benefit from the opportunity. This is all about bringing a reality check to your executive team, and help can be found right here. Workshop 1: Executives – stop failing your projects! Step 1: Strategies for project sponsorship.

Executive Summary Template

ProjectManager.com

An executive summary is a short overview that gives the elevator pitch that sums up the major points. Executive summaries are critical for getting projects approved and off the ground. Download the ProjectManager.com executive summary template for Word to have a dynamic executive summary. Why Use an Executive Summary Template? It’s like a big show, and your executive summary is the grand opening that grabs the audience’s attention and pulls them in.

Risk Mitigation Plan: Definition & Top Strategies

ProjectManager.com

But first, let’s figure out what risk mitigation is, and what strategies exist to control risk in your project. Risk mitigation is a strategy that seeks to foresee risk in a project before it’s executed. Risk Mitigation Strategies. Risk is always present.

Enterprise Collaboration: Strategy & Tools

ProjectManager.com

Managers and upper-echelon executives sing its praises. Enterprise collaboration can make companies more efficient, and that filters down to how projects are executed, how team members work with one another and how customers are served.

Drive Better Results for Your Professional Services Firm Part 2: Deliver Profitable Projects

Speaker: Patrick Connally and Andy Yeomans

Join us on May 19th as Patrick Connally, National Industry Director – U.S. Professional Services at Microsoft, and Andy Yeomans, Executive Vice President at HSO ProServ, explore strategies firms can take to maximize project performance.

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). The post How Does Your Organisation Fare with Strategy Execution?

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Project Time Management: Strategies, Tips & Tools

ProjectManager.com

Control Schedule: Develop a strategy to mitigate risk and address changes to the project schedule when it’s executed. Time Management Strategies. The post Project Time Management: Strategies, Tips & Tools appeared first on ProjectManager.com.

Your Strategy Planning Meeting Agenda (with Template)

Rebel’s Guide to PM

Have you been asked to pull together a strategy planning meeting agenda? In this article, I’ll explain what a strategic planning meeting can cover and share a sample agenda you can customize for your strategy sessions. Strategy planning doesn’t just happen.

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OnePlan is the Product of the Month for Helping Clients Connect their Strategy to Execution

Brad Egeland

The OnePlan solution supports the needs of three core audiences: Business Leaders - define business objectives and how to measure their achievement IT Leaders - capture and manage core infrastructure and its alignment with strategy and execution Execution Leaders - alignment of initiatives to strategy and architecture, prioritization of portfolio investments, the capture of resource requirements, along with budget management at the project, program/product, and portfolio level.

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Realign Your Vision – 3 Ways The PMO Can Drive A Successful Business Transformation

Speaker: Peter Taylor, Speaker/Author, The Lazy Project Manager

Business transformation is a high priority in today's corporate landscape - a fact that the C-Suite is well aware of. But once executives have decided to implement some type of transformation, they often rush to de-prioritize it. Sometimes they even stop paying any attention at all to this critical organization change, delegating essential strategy projects to those with little to no relevant experience. Enter: the project management office. PMOs are uniquely situated to orchestrate organizational change, all while building a landscape that is centered around collaboration and social interaction.

Project Execution: A Four-Step Project Management Strategy

Techno-PM

Project Execution is a project management strategy that incorporates continuous processes and activities to monitor, control, and communicate progress on projects. The four steps in Project Execution are: 1. Executing (monitoring actions through communication) 4.

What Is Demand Planning? Tips, Strategies and Tools

ProjectManager.com

Create demand plans and execute them with ease with ProjectManager.— Tips, Strategies and Tools appeared first on ProjectManager.com. Businesses are constantly pulled between supply and demand. But this seemingly simple concept can be difficult to navigate effectively.

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How To Master Project Execution

Wrike

Project execution is a must-have skill for beginning project managers. Although it’s simple once you understand it, the process of creating a project execution plan can be complex. What is project execution? Project executions can be tricky.

Strategy Framework

Techno-PM

A strategy framework is a foundational tool that provides a logical and ordered structure for thinking about and developing strategic plans. The Chaos Theory of Strategy is a newer framework that considers the dynamism of the environment and the ever-changing nature of business competition.

Bridging the Gap: Implementing CIO Leadership in Project Management

Speaker: Clint Padgett, President & CEO, Project Success Inc.

You may have a visionary CIO and very capable project managers. You may have the best tech, the latest software, and stellar talent. But if you can’t establish a dynamic, collaborative team with a clear mission, then your project will slip through the cracks. It’s time for CIOs to unlock their "people potential" and learn the leadership skills that will lead to satisfied project managers and more than satisfactory project results. Join Clint Padgett, CEO and President of Project Success Inc., and bridge the gap between CIOs and Project Managers to create a passionate and successful team.

Strategy Implementation Needs Great Portfolio Management

Strategy Execution | PMO Perspectives

In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Aligning most of the projects and programmes to the organisation’s strategies is one of the most important benefits of implementing organisational portfolio management. If the executives are risk takers, on the other hand, they tend to focus much more on fewer projects.

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Strategy Framework Canvas: How to Pick the Right Strategy Framework

The Strategic Project Manager

The Strategy Framework Canvas is useful in helping a strategist match the right strategic framework to the situation. Finally, a diversified business, especially a large one, will find that different strategy frameworks are more appropriate for different businesses.

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. However, strategy is commonly misunderstood and often confused. Other times, it may be used to convey an action plan—an organisation may say that their strategy is to launch a new key product.

Strategy Execution on #pmchat

Arras People

On Friday 14th October at 5pm UK time (12pm ET), I’ll be hosting #pmchat for an hour alongside Deanne Earle on Strategy Execution and Portfolio Management. Friday afternoons on Twitter is the place for project practitioners to kick back for an hour and have a chat with other practitioners around the world. It’s amazing really how just a few years ago it would be pretty impossible to do something like this – something so simple and inclusive – available right from your desk.

Run a Business, Not a Backlog

Speaker: John Mecke, Managing Director of DevelopmentCorporate, Jon Gatrell, Principal Partner at Market Driven Business

Numerical literacy is a key skill for effective product managers. The ability to express concepts in numerical, financial, or statistical terms is a critical but often overlooked discipline. Product managers need to be as competent in these domains as they are in customer problems and pain points.

Implementation Plan: How to Create and Execute One

ProjectManager.com

So what is an implementation plan, how do you make one, and how do you execute it successfully? Strategic planning is done on an organizational level, dictating the direction of the company strategy and allocating resources to make that strategy come to life.

Connecting Strategy to Execution w/ Marty Bradley

Leading Agile

One of the most critical, and unfortunately, neglected elements of ensuring your teams can deliver the most value possible, is making sure they can see a direct connection between the work they are being asked to execute on and that strategy that work is in service of.

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. Granted, the data show there is a dearth of leadership in middle management, but executive tier has a culpable hand. Strategy45% of middle managers cannot name one of the top five corporate goals. 64% of cross department/functional issues are poorly resolved.

4 Phases of Strategy

Techno-PM

What is Strategy Management? The term ‘strategy management is used to describe the process by which an organization formulates, implements, and monitors the progress of its business goals. The benefits of a well-executed strategy management process are clear.

Soar Higher in 2020 – Learn and Develop New Skills

Strategy Execution | PMO Perspectives

Adaptive Strategy Execution Programme Leadership Strategy ExecutionA major part of effective project leadership involves understanding the importance of continuing to learn and develop new skills.

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Strategy, PM, and the W. Edwards Deming PDCA Cycle

The Strategic Project Manager

This post looks at what the PDCA cycle is, dives into the specifics of the four steps, looks at pros and cons, and enumerates where it can enhance strategy and project management efforts. Do – Execute the plan in a small scale test, and generate relevant performance data.

Implementation Plan: The Key to Successful Project Execution

Epicflow Blog

Strategic planning and its implementation determine the success of any endeavor: whether it’s starting a business or building a house of your dream – you’ll have more chances for success if you have a well-thought strategy and know how to execute it. .

Why Business Strategies Are Important? (8 Most Common Business Strategies)

Proofhub

8 Most Important Business Strategies to be Aware of in 2020 Businesses are not run blindly, you have to set your own set of goals that you want to achieve effectively to thrive in the market. What is the Main Focus of Business-level Strategy? How Do You Create a Business Strategy?

Critical Project Management Skillsets for the Future

Strategy Execution | PMO Perspectives

In 2019, Strategy Execution conducted a global survey among project execution professionals across the world to better understand the skill and capability gaps preventing organisations from executing successfully on their most critical strategic priorities. Strategy Execution CEO Christoffer Ellehuus is featured in Business and Industry, a publication enclosed with every copy of Sunday’s The Telegraph newspaper.

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