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

The 10 Most Effective Conflict Resolution Strategies

The Digital Project Manager

The post The 10 Most Effective Conflict Resolution Strategies appeared first on The Digital Project Manager. I’ve faced my fair share of conflict as a project manager: repeatedly having to tell a difficult client ‘no’ on wildly out-of-scope requests, or dealing.

Trending Sources

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.

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

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.

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

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? It’s one of the best ways to eliminate that “crazy busy” feeling that make the week feel like a long slog.

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.

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.

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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.

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.

4 Strategies to Prepare for Industry 4.0

LiquidPlanner

here are four strategies to keep in mind. Download the guide here: The post 4 Strategies to Prepare for Industry 4.0 Robots operating autonomously on factory lines, drones delivering packages to doorsteps, 3D printed organs working alongside our own.

Tips And Tools to Develop a Successful Marketing Strategy!

TimeCamp

What helps marketers building a successful marketing strategy? Marketing communication is a particular kind of information flow between the sender and the recipient.

Agile at Scale – Outcome Driven (or Broken)

Tyner Blain

It may be that your strategy is one which is beyond the skills of your teams, in which case you need to choose a different problem to solve. Opportunity – an initiative supporting the strategy, easily a year or longer, maybe divisional in scope.

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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

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.

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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?

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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

Content Marketing as a part of Inbound Strategy

TimeCamp

This is a continuation of our previous article – Introduction to Content Marketing. Today, we will explain the differences between outbound and inbound marketing, and explain the main assumptions of the latter.

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 68

50+ Productivity Infographics to Guide Your Management Strategy!

TimeCamp

We all know how hard it is to maintain the highest level of productivity. We often struggle with even the easiest things because of lack of motivation and distractions from our co-workers or social media notifications.

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 16

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.

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.

6 Ways Project Management Can Be A Winning Strategy for Entrepreneurs

PM for the Masses

The post 6 Ways Project Management Can Be A Winning Strategy for Entrepreneurs appeared first on Project Management for the Masses. This is a guest post by Sabita Saleem (bio below post).

2015 28

Good Enough

Tyner Blain

What good enough means, precisely, for your customer, for a particular capability of a particular product, given your product strategy is unique. We hear a lot about building products which are “good enough” or “just barely good enough.”

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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.

The Potential of Agile

Tyner Blain

The agile process gives you frequent opportunities to validate the hypotheses on which your product strategy is built. Trustworthy predictions about accelerated, effective value delivery enable are a competitive advantages – which you can leverage in distinct product strategies.

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How To Prepare An Effective Marketing Strategy For Your App?

TimeCamp

If somebody knew a recipe for growth hacking of software promotion, he would have been probably the best marketer worldwide. The popularity of startups indicates a stronger competition.

Six Essential Requirements of an Influencing Strategy

Project Risk Coach

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.

Product Owner Manager – Alone Together

Tyner Blain

Together, the product people need to take an organization’s strategy, figure out the appropriate product strategy, and convert that into actionable work for the delivery teams to create the right product. How will we manifest our organization’s strategy through product?

2016 95

Stages of Building the Content Marketing Strategy

TimeCamp

Content marketing is based on clarifying the exact target group to which the message is directed – we call such group persona. If we do not specify the addressed, the messages won’t actually be directed to anyone.

Features do not a Product Roadmap Make

Tyner Blain

Other themes could be “improve our positioning relative to competitor X” or “fill in a missing component in our portfolio strategy.” Agile Prioritization Product Management Product Strategy Requirements Software development

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Classifying Market Problems

Tyner Blain

Think “ blue ocean strategy ” here. When you’re reviewing a roadmap in light of a strategy, there are several different ways you need to look at your plan. Product Management Product Strategy Requirements Requirements Models market problems product strategy

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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?

Opposite Views of a Product Roadmap

Tyner Blain

Executives (should) want to talk about intent and strategy for investment in the product. But try and shift the conversation back to corporate goals, strategy, and the role your product is intended to fill.

2014 105

Leadership’s Project Management Challenges

Gina Abudi PM

Project Management project management benefits project management strategy project strategy strategic project management value of project managementLeadership in many organizations – even today – are challenged with project management and where it fits in. Understanding the value of project management to the organization is a significant challenge for leaders. Too often it is considered as tactical – with no real thought or understanding of the strategic value of it.

Playing Whack-A-Mole With Risk

Tyner Blain

When it comes to developing a product strategy – or even making decisions about how best to create a product, one of these assumptions is likely to be what causes us to fail. Essentially, product strategy and product ideation.

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A Simple Approach to Your Content Marketing Strategy

TimeCamp

Content marketing is a strategy that helps reach potential customers with an offer, using a variety of tools with comparable effectiveness.

Agile Through a Matrix Lens

Tyner Blain

A winning strategy involves selecting an attractive market, developing a strategy for how you will compete within that market, then developing a product (or portfolio) roadmap which manifests the strategy, while embodying the vision of the company.

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