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!

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.

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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. An organization can collaborate with its customers in a social network strategy. The onslaught of data that today’s companies face demands an effective communication and collaboration strategy.

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.

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.

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?

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.

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.

10 Conflict Resolution Strategies that Actually Work

ProjectManager.com

That conflict exists is not the issue, but having an effective conflict resolution strategy to resolve that conflict if it begins to impact the business is crucial for any manager. Here are 10 conflict resolution strategies that can help you manage volatile team members.

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.

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.

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.

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 Steps to Effectively Execute on Strategy [Webinar]

Planview

That’s a frightening reality, especially considering less than 1/3 of executives currently believe their organizations effectively execute on strategy. Strategy is the first step in the process to achieve continuous planning and improve speed of delivery.

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.

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 ?

Why You Should Align Strategy, Financials, and Execution

Planview

Now, let’s get into the first two process areas by examining why it is crucial for your organization to align strategy, financials, and execution. A strategic plan generally incorporates a hierarchy of Missions, Objectives, Strategies, and Tactics (MOST), which work together to set a business’s direction. The executive leadership team, including Finance, typically work together to rank investments and create a proposed investment portfolio.

PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. We recently hosted a webinar titled “ Modern Capacity Planning – Putting the Strategy into Resource Management ” in which many attendees cited this problem as paramount in their organizations.

PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. We recently hosted a webinar titled “ Modern Capacity Planning – Putting the Strategy into Resource Management ” in which many attendees cited this problem as paramount in their organizations.

How to connect business strategy with project management

Moira Alexander

The foundation for overall business success and project initiatives starts here, making it imperative for executive sponsors to be in sync with project leadership out of the gate. 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.

Six Essential Requirements of an Influencing Strategy

Project Risk Coach

This is a guest post from Colin Gautrey, an author, trainer and executive coach who has specialized in the field of power and influence for over ten years. After a simple analysis exercise (considering relationship and agreement) it then comes down to developing an influencing strategy. If people are against you, make sure you’ve got something in your strategy to at least remove the risk they pose to your influencing goal.

A Strategy for Engaging and Dealing With Difficult People

Girl's Guide to PM

This is a guest contribution by Patrick Mayfield, non-executive director of pearcemayfield. In fact the best solution is to put a strategy in place before you are even faced with the problem, so that you will be better prepared and get a more successful outcome should you be faced with the dilemma. There is, unfortunately, no fail-safe strategy when dealing with difficult stakeholders. Planning an exit strategy is a smart move that helps you move roles.

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Successfully Deliver Strategy… Fast

Planview

So far in this blog series, we have defined strategy, covered the basis of strategic planning, and discussed who to include in your strategic planning team. Part 2: Begin to Deliver Strategy… Fast. Step 1: Start with strategy.

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.

2020 66

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

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. In this episode of SoundNotes, LeadingAgile Principal Consultant, Marty Bradley spends time with Dave discussing why we need to connect strategy to execution and what happens when we don’t.

5 Top Time Management Strategies For Efficient Working

ProProfs Project Management

It is ironic though, no matter how much you rush work or plan your project execution, delays still happen. But, for that, you need to have a strategy in place. . Effective Time Management Strategies: Follow These 5 Methods & Meet Deadlines Effortlessly!

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Develop a Strategy to Embrace Change

Leading Agile

One thing we must consider is that there are—typically— a lot of assumptions being made about markets as well as the organization’s capacity to execute. Agile provides the opportunity to create the requisite adaptability to validate and adapt to as we understand our ability to deliver and the realizable value of our strategies. Strategic planning often falls short because it’s not as fluid as it needs to be.

What Makes a Good Strategy?

Leading Agile

In this clip, Dennis Stevens explains the necessary components that make up a good strategy. The things that belong in a good strategy are a diagnosis of the problem. That’s the plan part, but having a plan that doesn’t tie to the policy or the rules of the game that we’re doing to close the gap that we’ve identified, the gap between our ability to execute and where we need to in order to achieve the strategy.

Giveaway! Filling Execution Gaps

Girl's Guide to PM

Filling Execution Gaps , first appeared on Girl's Guide to Project Management. Today I have a fantastic book to share with you, Filling Execution Gaps: How Executives and Project Managers Turn Corporate Strategy into Successful Projects , by Todd C. This book looks at the six gaps that cause strategy to fail – the issues that project managers and sponsors face every day when trying to get things done. Executive sponsorship.

The 7 Best Executive Assistant Conferences to Attend in 2019

Appfluence

Finding the Best Executive Assistant Conferences to Attend in 2019. As Executive Assistant, you are constantly looking for ways to hone your skills. Attending executive assistant conferences, workshops or retreats is a great way to learn new skills. Executive Secretary LIVE 2019.

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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4 Strategies for Dealing With Difficult Stakeholders

Wrike

This means you must arm yourself with strategies to deal with them amicably and continue working on the project despite possible roadblocks. 4 Strategies for Dealing with Difficult Stakeholders. This group includes executives. “This isn’t what we wanted!”

Develop a Strategy to Embrace Change w/ Marty Bradley

Leading Agile

Additionally, digital strategies are increasing interdependencies and exacerbating the strain on execution. One thing we must consider is that their areas typically a lot of assumptions being made about markets as well as the organization’s capacity to execute. Agile provides the opportunity to create the requisite adaptability to validate and adapt to as we understand our ability to deliver and the realizable value of our strategies. Talk Overview.

2020 61

Are Your Project Plans Helping You Execute Successfully?

LiquidPlanner

And while your odds of success improve if you actually use them, plans are all too often consigned to the rubbish bin during the execution stage of a project. This plan is what helps your business deliver on its potential and execute on strategy. In spite of their textbook planning process, teams find that the reality that they encounter during the execution of the project is unforeseen, unpredictable, and sometimes just plain unfair.

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What is Strategy?

MindGenius

What is Strategy? 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.

Learn How To Realize Positive Risk Response Strategies (Opportunities)

iZenBridge

The next question is what the positive risk response strategies are? These are strategies: To make it happen, or. These are Positive Risk Response Strategies. What are the strategies for dealing with positive risks? In this strategy, we make sure the opportunity happens.

Business Dysfunction, Malfunction and Strategy

Herding Cats

The root cause of this dysfunction is the lack of line of sight traceability for Why the firm is in business to how the firm fulfills the strategy needed to deliver on that WHY. Here's one way that has been shown over the years to connect the dots between Why and How and critically importantly, how the projectize the work efforts needed to implement the strategy. Balanced Scorecard StrategyMike Cottmeyer posted.

Rapid Reprioritization: Delivering on Strategy in the Midst of Change

Planview

It’s operationalizing the new plans to ensure everyone keeps executing on strategy. They can ensure that people, money, and technologies are focused on the right work that will deliver the strategy. Staying on Strategy Amid Disruption.

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Making sense of the strategy

Lynne Cazaly

It is one thing to get the leadership team, board and executive together to plan and identify and prepare a strategy. Then comes the work of trying to embed the strategy - or in other words. Getting people to buy in to new directions, new ideas and changes in strategy requires sense making. Sensemaking Your Strategy is a thing. Put a sensemaking filter over the strategy so it makes sense to the people you expect to bring it to life.