John Reiling Developing a solid Value Proposition that leads to success is critical and not easy. And it applies to projects and programs as well as to organizations. This post takes a deep look at the Value Proposition component – one of nine components of the Business Model Canvas. Overview of Value Proposition of the Business Model … Read more
Time Based Competition (TBC) is classic Boston Consulting Group (BCG) thinking that has evolved into a new relevance today. TBC 2.0 provides a whole new basis for achieving competitive advantage. This post looks at Time as a strategic element and how it has evolved into a critical consideration in strategy and project management. Time as … Read more
Organizations are defined by what they actually do. As part of the Business Model Canvas, Key Activities capture what people spend their time day to day in execution of the Business Model. This post identifies many examples of Key Activities in a wide variety of different types of organizations. The purpose is to help clarify … Read more
A Business Model is an important input to organizational success. So how can you easily develop a good Business Model? This post examines the Business Model Canvas, a simple tool that provides a template for building an effective Business Model. What Is a Business Model Canvas? The Business Model Canvas encompasses the framework of what … Read more
Every organization – whether for profit, government, or not-for-profit – needs a viable Business Model. This ensures relevance to the customer, and sustainability as an ongoing enterprise. Today, it is often imperative to be capable of innovating Business Models – to change and reconfigure value chains. This post provides a framework – far beyond just … Read more
Hassle Maps are a great strategic tool for managing and optimizing relationships customers and stakeholders. They have helped to transform businesses, especially when confronted with change, and have the potential to transform organizations and customer relationships of all types. This post examines what Hassle Maps are, their usefulness, examples, and the application of Hassle Maps … Read more
A Project Manager’s job is to manage projects that create value. However, Value is not a fixed thing; Value changes all the time. This post explores the idea of Value now and in the future – and managing projects not so much where the Value is, but where it will be. A Definition of Value … Read more
The primary objective of project initiatives is the produce Value. However, many of our models for thinking are based on Cost. This post explores how Cost and Value are related – and how they are unrelated. This is not about Planned Value, Earned Value, and Actual Cost! It explores both Cost-based and Value-based thinking and … Read more
When mass production rose in the early 1900s with the Model T Ford, the saying went, “You can have any color you want…as long as it’s black!” Mass production grew in importance, but advances in technology have enabled more flexibility and a more modern twist on the theme: Mass Customization. This post explores what Mass … Read more
Is there a way to boil down strategic choices to three generic strategies? Strategy guru Michael Porter has done just that. This post explores the generic strategies, the pitfalls in choosing one, and their importance to project managers. Overview of Porter’s Three Generic Strategies It may seem funny to illustrate Three Generic Strategies with a … Read more