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. Project Management business strategy strategy

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

Process Groups and the 5 Steps of Traditional Project Management

amium

Let’s take a closer look at process groups and how they help you move through the five traditional stages of project management. What are process groups? Baking a Pie Metaphor for Process Groups. The planning process group has a lot of work to do.

Content/Process Workshop

Brett Harned

If you work on any web design projects, you know that finding the right ways to account for content in the overall process can be difficult. You've got goals to meet, expectations to set, stakeholders to inform, a strategy to develop, and a whole mound of content to rewrite.

Secret Strategies to Manage Multiple Projects

Online PM Courses

So what are the secret strategies that experienced Project Managers use to manage multiple projects? The Number one Strategy that will help you Manage Multiple Projects. Serial mono-tasking is the essential strategy. Secret Strategies to Manage Multiple Projects.

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

The Stage Gate Process gets too little love from Project Managers. In a Stage Gate process, you break your project into stages, or phases. In this article, we look at why a stage gate process will enhance your project management, and how to make it work.

2018 65

Insights into the Project Management Job Seeking Process

Arras People

Over the years Arras People has been dissecting and writing about the project management recruitment process on the Camel Blog, providing advice, hints and tips on how any project management jobseeker can improve their job hunting tactics. Application Process. Short listing Process.

High Turnover? 8 Strategies for Employee Retention

Brad Egeland

The scouting and rehiring process costs precious money and time, resources that could be better used on completing company projects. Here are eight organic strategies that can improve your employee retention rate.

Client Onboarding Process Coupled With Project Management

Leankor

Client onboarding is the process of introducing new clients to your firm in an effective and organized way. The process commences at order placement and continues up to three months or so depending on the complexity of the product. Here are some strategies to get you started.

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.

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.

2018 56

Tips And Tools to Develop a Successful Marketing Strategy!

TimeCamp

In contrast to promoting, it is a two-way process. What helps marketers building a successful marketing strategy? Marketing communication is a particular kind of information flow between the sender and the recipient.

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.

2018 52

The 5 Reasons You Need Planning a Strategy

Project-Management.pm

Planning a strategy is time-consuming; apart from exerting so much time and effort in it, you need to gather experienced people for the job. And the people should be devoted and not chicken out once the strategy plan is implemented. Another factor to take note is when planning a strategy; you cannot go wrong with specific and clear details. From the plan down to its tasks , the strategic plan should be free from vague information and confusing processes.

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.

Agile at Scale – Outcome Driven (or Broken)

Tyner Blain

Taking agile, a process otherwise optimized for small, cross-functional, collaborative teams and making it work at scale is fascinating. You realize (by gaining new information, outside of the development process) that your team is going to fail, so you need to change.

Agile 383

6 strategies for choosing the right project management tool

Hive

Choosing a new project management tool can be an intimidating process, but breaking it down into these six steps will ensure you choose the right tool for your team’s needs.

2018 56

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? Before you start the elimination process, you need a positive aim.

The Magic 7 Project Portfolio Management Process Steps

Project-Management.pm

And the answer to all of these is in the guise of project portfolio management process steps. The project portfolio management process steps mentioned below cater to all types of organizations that execute portfolio management to reach their business objectives and their strategic goals. Remember that these project portfolio management process steps don’t fix your woes within a day or week; treat it as the start of your path towards an efficient portfolio. .

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

DP6Jw is an overview of this process. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. These measures, corrective actions, and resulting outcomes operate in the presence of statistical and probabilistic processes. Stochastic process control is the field of study.

Why your business strategies must constantly change

Moira Alexander

Policies and processes. In today’s business environment, knowing how to successfully navigate these changes and develop appropriate and effective processes to properly manage such change is a must. It’s virtually impossible for organizations to make sound strategic decisions and completely accomplish objectives when deprived of strong change management strategies. “If you do not change direction, you may end up where you are heading.” -Lao

2015 46

Project Management Career Q&A – Strategic and Business Management Development

Arras People

Strategy management, financial planning processes; portfolio management and strategy execution are all areas for consideration. Q&A Project Management Careers Business Management business strategy PMI Strategu strategy Talent TriangleAs a project manager thinking about my development for the coming year, what would you recommend in the ‘strategic and business management’ portion of the Talent Triangle?

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 154

The Potential of Agile

Tyner Blain

If you decide in advance which problems are important to solve, then you will get roughly the same amount of value out of your solution regardless of what process you use. The agile process gives you frequent opportunities to validate the hypotheses on which your product strategy is built.

Agile 245

5 Ways Project Management and Lean Manufacturing Speed Up Processes

LiquidPlanner

The challenge with lean is that, despite its attraction to many executives who want to cut costs and increase productivity , a lean process doesn’t happen overnight. Here are four examples of how lean manufacturing principles and project management approaches intersect, and make your process faster and better: 1. This is never a successful strategy! Lean manufacturing programs are known for making the process and associated metrics visible.

Lean 59

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 40

High Turnover? 8 Strategies for Employee Retention [Guest Post]

Brightwork

The scouting and rehiring process costs precious money and time, resources that could be better used on completing company projects. Here are eight organic strategies that can improve your employee retention rate. Focus on the Interview Process In the case of employee retention, the root of any potential problems lies within the job interview process. 8 Strategies for Employee Retention [Guest Post] appeared first on BrightWork.

Good Enough

Tyner Blain

MVP is an experimentation process, not a product development process. MVP / Lean Startup is a learning process fueled with hypothesis testing, following the scientific method. Instead of trying to shoehorn it into a product-creation process, simply don’t.

2014 187

It’s time to introduce a selection process for project sponsors

Ron Rosenhead

In our book “Strategies for Project Sponsorship” (published by Management Concepts) we made the suggestion the company should be making every effort to interview for project sponsors. Strategies for Project Sponsorship published by Management Concepts.

2020 57

Agile transformations should lead with changing mindset and behavior rather than practices

Kiron Bondale

This reinforces the importance of a change strategy for all levels of stakeholders involved with the project. Tagged: agile project management , improving project management , Process compliance stupidity.

Agile 169

Managing Your First Strategic Initiative

Arras People

Equally an internal review of current business performance can also be the trigger for strategic initiatives that require process improvement to improve costs. The nature of so many stakeholders necessitates communication processes that serve vastly different audiences.

Opposite Views of a Product Roadmap

Tyner Blain

We start this process with a point of view of the relative priority of solving each problem. Feedback from customers – throughout the product creation process – helps us improve this list of problems.

2014 181

Agile Through a Matrix Lens

Tyner Blain

Instead of having a long, throw it over the wall process, out of which emerges a deliverable; a team will have a series of shorter iterations where they engage stakeholders and otherwise rethink what they are doing to course-correct and “get smarter” about what they are doing.

2014 159

Fallacy of the Week

Herding Cats

Five Different Decision-Making Strategies That Don't Need Estimates. A strategy is about turning intangible assets into tangible outcomes. Read Strategy Maps , Norton and Kaplan to see how this is done in practice. This decision is a Managerial Finance process operating in the presence of the Microeconomics of decision making with all the uncertainties of the market, development cost and of course risk created by uncertainty.

2018 55

How to Make Change Management Bearable For Everyone ?

Project-Management.pm

It’s a process to enhance the organization’s performance, as well as paving the road to numerous opportunities such as changes in job roles, structure, and work system. With these changes come a set of process or approaches to take into account to ensure that changes benefit the organization. The Truth About Change: Why It Is A Complicated Process. People prefer monotony because they are used to it the whole process. Process Change.

Whole Product Game

Tyner Blain

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

2013 138

How to Talk About Estimates

Herding Cats

There you'll also find materials on risk management, capabilities-based planning, and other agile processes as they are applied to Software Intensive System of System for mission critical programs where we work. What is an estimate?

Key Questions You Need To Ask Your Applicant Tracking System (ATS) Vendor

Wrike

An Applicant Tracking System is a software application specifically designed for recruiters, talent acquisition pros, and their hiring teams to create an efficient and streamlined recruiting process. Every successful hiring and recruiting strategy needs to be able to show tangible results.

SCRUM 52

Fallacy of the Day

Herding Cats

The requirements documents (in whatever form) are the basis of the process to verify these needed capabilities with customers and internal or external stakeholders and validates these requirement meet to need strategic intent of the work. [2]. The requirements process begins with the analysis and elicitation of the objectives and constraints of the organization needed to meet the strategic goals in the form of Capabilities. [1] 2] " Aligning IT to Organizational Strategy ," . [3]

2007 43

Definition of Done

Herding Cats

Estimating Processes in Support of Economic Analysis. Agile Business Capabilities Decision Making Estimating Management Performance-Based Project Management® Principles Project Management Requirements Risk Strategy Technical Performance Measures