article thumbnail

A Quick Guide to Strategic Initiatives

ProjectManager.com

Although the term “strategic initiative” might sound like inflated business jargon, it’s far from useless. A strategic initiative is a compass that guides businesses and targets future goals. What Is a Strategic Initiative? Why Make a Strategic Initiative?

article thumbnail

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.

Executing 406
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Strategies for Digital Transformation Projects

Rebel’s Guide to PM

But many digital transformation projects fail because organizations begin these initiatives without a clear idea of what they want to achieve. You also need to understand strategies that work before you begin so you can hit the ground running and avoid unnecessary delays or setbacks.

Strategy 277
article thumbnail

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.

Strategy 335
article thumbnail

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.

article thumbnail

Project Prioritization: How to Prioritize Projects & Strategy

ProjectManager.com

You use your current portfolio of projects as a marker that illustrates how your resources are allocated at that moment and gives you a snapshot of whether your projects align with your strategy.

Strategy 323
article thumbnail

16 Pre-Project Questions for Project Initiation Meetings

Rebel’s Guide to PM

The next step will be properly initiating the project. The Project Initiation Phase. You kick off the project through the project initiation phase. How Long is Project Initiation? On a small project, you could finish projet initiation in a morning, following a chat with one other person. So don’t let anyone tell you are taking too long for project initiation. When you feel ready to start properly planning, then initiation is over.

article thumbnail

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.

article thumbnail

Project Initiation Checklist: The Perfect Way To Start Your Projects

Proofhub

As you start your project, you need to take the initiative on the preparatory work, from preparing the scope, estimating the costs, assigning resources, and creating a project timeline, to getting sign-off on the key performance indicators.

article thumbnail

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

The Strategic Project Manager

It can help you to structure initiatives to solve problems and seize opportunities. 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.

article thumbnail

The Secret to Building Successful Digital Sales Programs in 2022 and Beyond

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

In this session Prof. Jordi Gili with the Geneva Business School will share key learnings from digital sales programs and will hint at the Key Performance Indicators that Digital Sales programs should aspire to in 2023.

article thumbnail

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. Create – clarifying organizational strategy and where team members fit.

article thumbnail

What Is a Turnaround Strategy? Tough Prescriptions. Tough Projects.

The Strategic Project Manager

This post asks what is a turnaround strategy, outlines structured approaches to turnarounds, and reviews implementing through a focused and well-structured portfolio of programs and projects. What Is a Turnaround Strategy? Something to precede another initiative?

article thumbnail

The Low Code No Code Strategy

The Strategic Project Manager

This post explores what low code no code Citizen Development is, and it’s impact on strategy and the practice of project management. Strategically driven projects – These are disruptive, breakthrough initiatives.

article thumbnail

Using Hassle Maps for Strategy and Project Management

The Strategic Project Manager

This post examines what Hassle Maps are, their usefulness, examples, and the application of Hassle Maps as a tool for strategy and project management. The concept of a Hassle Map was initiated by Adrian Slywotsky as an extension of his work on Value Migration. Hassle Maps and Strategy.

article thumbnail

Psychological Safety & Employee Wellbeing: Building a Healthy & Accountable Work Environment

Speaker: Tracie Sponenberg - Chief People Officer, The Granite Group & Melissa Doman M.A. Organizational Psychologist, Mental Health at Work Specialist, Former Clinical Mental Health Therapist

In this webinar, Tracie Sponenberg, Chief People Officer, and Melissa Doman, Organizational Psychologist & Mental Health at Work Specialist, will discuss methods for developing and maintaining employee wellness and psychological safety in your workforce!

article thumbnail

How Digital Transformation Can Affect Leadership Strategies

Proofhub

As such, you need to come up with ways to overcome such challenges and also to have the right methods of implementing digital transformation strategies. So, what impacts does the digital transformation have on leadership strategies?

Strategy 110
article thumbnail

Business strategy meeting

Techno-PM

A business strategy meeting is a get-together between the key members of a company who discuss and make decisions about the organization's strategic direction. Operational meetings may also be used to provide employees with updates on changes or new initiatives within the organization.

article thumbnail

Developing Internal Mobility Strategy: 6 Best Practices

Teamweek

During unpredictable economic times, an internal mobility talent strategy helps HR retain talent and save on hiring costs. Why you can’t leave internal mobility out of your talent strategy. What do employees gain from internal mobility strategies?

2023 52
article thumbnail

9 Steps to an Effective Talent Assessment Strategy

Teamweek

Sifting through bad-fit applications is a tiring process – but it doesn’t need to be with the right talent assessment strategy and a few skills tests. So, how do you create a bulletproof talent assessment strategy from scratch?

2023 52
article thumbnail

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. This is achieved, in the most part, through the enhancement of strategic dialogue amongst the management team and, most crucially, the alignment of projects around the most critical strategic initiatives. Portfolio Management Strategy Execution

PMO 61
article thumbnail

PM, Strategy, and Key Resources – Business Model Canvas

The Strategic Project Manager

This post provides an overview of the Key Resources block on the business model canvas, provides related considerations for organizational strategy, and outlines the impact on project management. Strategy – Ensure the Right Key Resources.

article thumbnail

Executing a Blue Ocean Strategy with Solid Project Management

The Strategic Project Manager

The Blue Ocean strategy framework has become popular since around 2005, on the initial publication of “ Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant “, by W. The Basics of Blue Ocean Strategy.

article thumbnail

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.

2017 200
article thumbnail

8 Essential Time Management Strategies

Liquid Planner Productivity

Creating effective time management strategies is all about prioritizing the most important tasks and accomplishing them in less time, while maintaining a high quality bar. This is one of the most critical time management strategies to master. . Key time management strategy takeaways.

article thumbnail

Ransomware Defense Tools and Strategies for Schools

Brad Egeland

3 attack prompted the district to initiate a systemwide reset of more than 600,000 passwords and a ransom demand remains outstanding. ​ Absent these tools, strategies and adequate staff, schools will remain a frequent target for cybercriminals.

article thumbnail

Michael Porter on Strategy and Project Management

The Strategic Project Manager

Michael Porter, top Harvard Business School Professor and one of the most well-known long time strategy experts in the world, spoke at the PMO Symposium by the Project Management Institute (PMI) a few years ago. On Misconceptions About Strategy. Actions flow out of strategy.

2021 77
article thumbnail

Project Management, Product Management, and Strategy

The Strategic Project Manager

Here are some observations: Project management involves managing initiatives of shorter duration – usually up to two years – with a clearly defined end point. Strategy and Project vs Product Management. Strategy guides both project and product management.

article thumbnail

Managing Team Conflict and Strategies for Conflict Resolution

Rebel’s Guide to PM

In this article, we’ll look at the causes of team conflict on projects, how to identify conflict and resolution strategies so you can all get back to work. First up, the Concept or Initiation Phase. Here are some project management conflict resolution strategies. Project management conflict resolutions strategies you can use that fit into this Avoiding mode: Postpone the conversation until there is a better time to have it. Projects can be a hotbed of conflict.

2019 233
article thumbnail

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. The post How to Connect Emerging Risks, Strategies, and Project Management [Snippet] appeared first on Is your organization identifying and managing emerging risks? Photo courtesy of Adobe Stock.

2016 203
article thumbnail

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.

PMO 52
article thumbnail

12 Effective Strategies To Drive Sales Productivity in 2021

nTask

So let’s dive into the 12 most effective strategies. Gathering feedback from employees can save you time from guessing at sales strategies that might help. Not only will asking them directly help you craft a better sales strategy, but your team will feel included in the process.

2021 124
article thumbnail

Proven Corporate Strategies To Ensure Employees’ Productivity

nTask

Thus, to help you tackle the same, read about the top strategies that have worked for many employees to keep their remote teams productive. These communication tools , such as Slack , that allow you to either initiate instant messaging between employees. Productivity.

2021 98
article thumbnail

How to Create a Content Plan for Your Content Strategy

ProjectManager.com

All of these channels are part of a content strategy that directs the content creation efforts you execute to meet the company’s marketing goals. A content plan, on the other hand, is the blueprint that defines the assets and steps needed to implement your content strategy.

2021 312
article thumbnail

How to Write Results-Oriented Goals

Project Risk Coach

Seek to understand how the project relates to the strategy of the organization. 1=Initiation Project Integration ManagementI see a common problem when reviewing project charters. The goals are activity-oriented, rather than results-oriented.

2020 353
article thumbnail

How to Develop a Project Summary

Project Risk Coach

Here's an example of the creation and launch of a Project Management Office: "SocialPress (name of company) has many projects, but many do not align with the company's mission and strategies. The PMO will facilitate a review of projects for alignment with the SocialPress strategies, provide project management tools and training, and work with senior leaders to discover ways to improve our project success rate. 1=Initiation

2022 163
article thumbnail

Aligning the PMO to Organizational Strategy

WorkOtter

To do this the PMO must become aligned with the organization’s strategies, goals and objectives. What if you might gain a glimmer of insight into achieving-what is for many-an elusive pursuit; aligning the PMO to organizational strategy? Finish What You Start Culture Change PMO Project Management Resource Management Stakeholders StrategyThe Secret is in Using a Top-Down Approach. How do you sell management on the relevance and importance of the PMO to the organization?”.

PMO 60
article thumbnail

Top-Down vs. Bottom-Up Project Management Strategies

LiquidPlanner

If you’re the project manager implementing the current year’s plan, you’ll apply a bottom-up approach to validate the timeline and your initial budget assumptions. ” The post Top-Down vs. Bottom-Up Project Management Strategies appeared first on LiquidPlanner. Project Management Teams Tips bottom-up project management Project management professionals project management strategies project plan project planning project schedule teamwork top-down

Strategy 106
article thumbnail

SAFe Thursday – An Agilemania Initiative

Agilemania

The pandemic and its impact on our lives and businesses took us at Agilemania also by surprise and it took us a good couple of weeks to decide on our persevere or pivot strategy. Here is a quick background on how it all started.

article thumbnail

10 Ways to Engage Project Stakeholders

Project Risk Coach

The stakeholder engagement plan is "a component of the project management plan that identifies the strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution ( PMBOK® Guide – Sixth Edition, Page 723 )."

2019 278