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

Balancing Agility and Strategy

The Clever PM

One of the common struggles that Product Managers are faced with is figuring out how to be “agile” while still managing to a vision or strategy that’s been established by the Executives or Board. The important thing to remember is that strategy and agility are not in conflict with one another — if a strategy is […]. Product Management Agile Culture Good PM Influence Leadership Organization Planning PM Strategy

The value of strategy

Musings on Project Management

"I will not take by sacrifice that which I can achieve by strategy" General Douglas MacArthur And, so what we have in that philosophy, when put in project context, is the oft-criticized 'brute force approach' vs a more subtle tactical alternative. We see it all Strategic Plan Strategy

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.

Selling Data and Decisions to your Team

Speaker: Cait Porte, SVP Product and Customer Experience, Zmags

Strategies for getting to commitment, not consensus. Gathering support for a product feature or enhancement is a critical skill for Product Managers.

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. Strategy45% of middle managers cannot name one of the top five corporate goals. 64% of cross department/functional issues are poorly resolved.

What is project management? Tips, strategies, best practices

Moira Alexander

Managing any project can become a slippery slope when your organization doesn’t have a solid grasp of all the moving pieces. Project management can be a complex discipline to understand and navigate. After all, there are enough key phases, knowledge areas, and project management-specific terms to fill a glossary. To simplify the key components of successful project management, CIO has put together this guide to understanding project management — the phases, knowledge areas, tools and more.

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.

High Turnover? 8 Strategies for Employee Retention

Brad Egeland

Here are eight organic strategies that can improve your employee retention rate. ​ A high turnover rate is always an unwelcome sign, especially for project managers who rely on a committed team.

Connecting Analytics to Strategy - Keeping Your Corporate Objective In Sight

Speaker: Tom Evans, Senior Principal Consultant and Trainer, 280 Group

But there is one essential element that is often left out of the conversation, and that is strategy. How does my product decisions support the overall strategy of the business, and am I tracking the right metrics based upon that strategy?

6 proven project team communication strategies

Moira Alexander

Whatever media they use, project teams will increase their chances of achieving their goals if they develop successful strategies for keeping everyone informed about what’s going on. Hold regular strategy meetings for the entire team. Project teams are in a constant state of communication via email, videoconferences, telephone calls, texts, face-to-face discussions and even nonverbal interactions.

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?

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).

6 proven project team communication strategies

Moira Alexander

Whatever media they use, project teams will increase their chances of achieving their goals if they develop successful strategies for keeping everyone informed about what’s going on. Hold regular strategy meetings for the entire team. Project teams are in a constant state of communication via email, videoconferences, telephone calls, texts, face-to-face discussions and even nonverbal interactions.

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.

Understanding Users at Scale with Product Analytics

Speaker: Sandhya Hegde, Director of Product, Amplitude

Whether you are building new features, trying to improve customer experience or battling poor retention - user behavior forms the foundation of your product strategy. Present and drive product strategy based on evidence.

The Canvas Strategy

Zen Project Management

One piece of advice I appreciated is what he called the canvas strategy. This strategy will accomplish a number of things. I’m making my way through the Tim Ferris' book Tools of Titans. It’s well over 600 pages but it has a lot of useful, interesting advice, though I'll admit some of it is a bit out there. He breaks the book up into three areas; Healthy, Wealthy, and Wise. The book is really just a summary of podcasts done over the years with some other advice added in.

A Strategy for Engaging and Dealing With Difficult People

Girl's Guide to PM

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. Planning an exit strategy is a smart move that helps you move roles.

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.

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

Remote project management strategies: How to keep the human touch

The Digital Project Manager

The post Remote project management strategies: How to keep the human touch appeared first on The Digital Project Manager. Remote project management is growing in popularity but how can we make projects a success and empower our team to thrive when we’re not face. General How-to Guides

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.

Why your business strategies must constantly change

Moira Alexander

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 Lao Tzu In the business world, change is all around us, almost every minute of the day. It can come in the form of: Stakeholder expectations. Human resources. The environment (Internal or external). Management. Organizational structure.

2015 176

6 proven strategies for evaluating and prioritizing IT projects

Moira Alexander

The good news is, there are some proven strategies for evaluating and prioritizing projects. Regardless of business size, industry or structure, many projects today are unfortunately still selected and initiated in a siloed department-by-department manner, without considering the overall strategic impact. What are the risks of initiating projects in this manner?

2015 226

This Set of Stakeholder Engagement Strategies will Power You up

Online PM Courses

The standard ‘four-box’ approach to deriving stakeholder engagement strategies can easily leave newer project managers believing there are just four basic strategies they can use. In fact, there are many stakeholder engagement strategies you can choose from.

How to Analyze Business Strategy to Improve Your Projects

Brad Egeland

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. Delivering successful projects enables organizations to reach their strategic objectives quickly with enhanced long-term commercial results.

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.

Change your Project Risk Management Strategy

PM by PM

What is your Project Risk Management Strategy? Is there any other Project Risk Management Strategy?” The post Change your Project Risk Management Strategy appeared first on PM-by-PM. Humor Risk Management definitions risk management strategies

2015 62

Effective Email Management: Strategies for Organizing Emails [+ Infographic]

Appfluence

For the remainder of this article we are going to present tips on how to manage email, including email organization strategies and email management best practices. Email Management. The Pervasiveness of Emails.

3 reasons why having a knowledge management strategy is important

Hydra

Why do organisations need an effective knowledge management strategy? Knowledge Management

5 Strategies for an Effective Teamwork

Binfire

To make your team work more effective follow the tips and strategies which are going to be discussed here. Strategies for an effective Teamwork . The post 5 Strategies for an Effective Teamwork appeared first on Collaboration Corner.

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. But the burning question is: why do organizations feel the need to plan a strategy ? Planning a Strategy #4: Strategy Alignment.

4 Project Risk Response Strategies for Opportunities

PM by PM

Do you use Project Risk Response Strategies to avail Opportunities? Most of us never think about Project Risk Response Strategies for Opportunities. The post 4 Project Risk Response Strategies for Opportunities appeared first on PM-by-PM.

2015 52

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

Product Management Synapses

Tyner Blain

If that makes the most sense, given the objectives of the investment, strategy of the firm, and architectural vision, great. There is nuance to understanding customer goals when developing requirements or formulating product strategy.

Strategies for Project Sponsorship

Guerrilla Project Management

Vicki James, Peter Taylor, and Ron Rosenhead share their insights on the secrets to effective project sponsorship from their new book “Strategies for Project Sponsorship” Research into the causes of project failure clearly shows there is a real problem around the Project Sponsor role.

2013 63

The product launch playbook: 25 tips and strategies for a flawless launch

Planio

Research the market and turn your ideas into strategy. Put everything together in a launch day strategy (and use your project management tool to track it all). Debrief your go-to-market strategy. Research the market and turn your ideas into strategy.

2018 108

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.

Three Small Business Growth Strategies

Binfire

Follow these three steps to keep your independent business growing

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 ?