This post dives into the profitable concept and practice of Value Innovation. It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. What Is a Value Innovation Strategy? “Value innovation” is … Read more
This post reviews the Four Actions Framework, first providing a simple definition and describing what makes it different and appealing. Then it provides three examples each of public sector and private companies and how they have each uniquely applied the framework. Then it looks at how the framework can be applied in devising strategy, and … Read more
Strategy and Project Management demand a wide base of skills. It’s not just about strategy frameworks and PM approaches. This post examines basic psychology principles. It surveys key formal principles, and more from seasoned “feet on the ground” in the business world. Finally, it looks at where these principles apply directly in practicing strategy and … Read more
This post looks in depth at the piece parts of agile portfolio management. After defining agile portfolio management, it delves into some of the specific agile principles at work. Then it identifies the key portfolio management activities and how they play a role. Then it looks at the role of strategy in agile portfolio management. … Read more
This post looks under the hood at the challenging topic of incentives. First it offers a definition of what incentives are. Then it looks at the psychology-based theoretical foundation of incentives, and summarizes a list of common incentives offered to employees. Finally, it looks at the impact of incentives as a consideration in strategy and … Read more
This post provides an overview of the McKinsey Digital Quotient Framework. It then unpacks the components and sub-components of the framework, and identifies impacts of the framework to both strategy and project management. Finally, it identifies implications for an organization’s future. What Is the McKinsey Digital Quotient Framework? The following 1-minute video from McKinsey & … Read more
This post discusses the ‘creed’ for a software technology company, Automaticc. It goes deep with line by line thoughts on the creed, as well as detailed discussion of implications for strategy and project management. This is full of ideas for action for the strategic PM. The Automattic Creed I bumped across this today, and thought … Read more
This post re-examines the concept of ecosystems around organizations from an AI perspective. It explores ideas around an ‘AI ecosystem’ and discusses impacts for strategy and project management. Review: What Is an Ecosystem? An ecosystem in biology is a geographic area where plants, animals, and other organisms, as well as weather and landscape, work together … Read more
This post introduces the concept of Core Values – what they are, and where they are used. It provides examples of Core Values used in sports and transitions from sports to Core Values in business. Finally, it considers the link between Core Values and strategy, and Core Values and project management. What Are Core Values? … Read more
This post has outlines the relevance and importance of the Dynamic Capabilities Framework in today’s competitive and rapidly changing environment. It delves into the detailed elements of the framework, and provides examples of the use of dynamic capabilities in several types of organizations. Finally, it discusses its impact and relevance to both strategy and project … Read more