Three reasons why so many Strategic Initiatives fail

During the past century, companies’ efforts to achieve their strategic initiatives have led to the improvement, and thus reduction, of operational work (run-the-business activities) and to an increase in projects (change-the-business activities). This slow but inevitable trend has had a significant impact on strategy execution. Unfortunately many companies remain ill-equipped to manage this shift. Thus, as the…

Portfolio Management: The Framework for Enhancing Strategic Dialogue; and Aligning the Executive Team around Key Strategy Initiatives and Execution

Over the past years I have seen Portfolio Management evolving from a purely administrative process attempting to more or less prioritise and select projects; to one of the most important frameworks to enhance the strategic dialogue amongst its management team, aligning them around the most critical strategic initiatives, and focusing the organisation on strategy implementation. This…

Organisational Ambidexterity balancing Short and Long term Priorities

Nokia, Blackberry, TWA, Kodak, Olivetti, Enron, Blockbuster, Delta Airlines, Swiss Air, Arthur Andersen, General Motors, Chrysler, Lehman Brothers, Worldcom…and many other world known companies went busted …one of the main reasons for their failure is because they failed to become ambidextrous The most accepted definition of organisational ambidexterity is a balance between explorations and exploitation; organisations capable of exploiting their…

Project Managers have the skills to become CEOs, so why don’t they?

It is well known among the project management community that there is a glass ceiling in the career path of project managers (PMs). Only a tiny proportion have the opportunity to reach the top of the corporate ladder and land the Chief Executive Officer (CEO) job. In this article, I will prove – for the first time – that project managers have…

Forget about Cost Reduction: Increase Focus to Double Productivity

Lack of focus is one of the biggest hindrance organisations face in achieving their strategies. This issue is magnified by the fact that Human Beings tend to Disorderand Procrastination. In this article I will demonstrate the consequences of this lack of strong decision making and attention on what really matters, and the impact it has on the overal productivity of an organization as well…