The idea of the Experience Curve has been around for over 50 years. While businesses, organizations, and markets have evolved, the Experience Curve concept survives and can be very useful for informing decisions, shaping strategy, and guiding implementation. The post explores the origins of the Experience Curve, important nuances to consider, and how it can … Read more
Gap analysis is something that we do naturally when we identify that we want vs what we have. On an organizational level, this natural process requires a more proactive approach that is much more formal, disciplined, and detailed. This post examines what gap analysis is, where it is applied, and its challenges and benefits. Basic … Read more
McKinsey’s 7S Framework provides an established and proven model for assessing an organization’s readiness to successfully deliver objective results. A strategy may seem sound, but if the right elements within the organization are not in sync, it will be difficult to implement effectively. Used for over 30 years, the McKinsey 7S Framework Model is focused … Read more
The Nadler Tushman Congruence Model is a useful approach to identifying potential issues with project and change execution at the organization, team, and individual level. It can identify gap areas that need attention, and can help steer toward solutions that will work in the context. Basics of the Nadler Tushman Congruence Model The Nadler Tushman … Read more
While large organizations have complex stakeholder relationships, smaller – sometimes very small – family businesses can have a deceivingly complex web of stakeholder relationships. This post explores the nuances of those relationships for project managers working on projects in, or involving, family enterprises. The resulting stakeholder management matrix is quite different from the standard matrix … Read more
Dynamic capabilities allow an organization to adapt to changing conditions, and thus are increasingly valued as the pace of change accelerates. This ability to change rapidly in the face of change, both positive and negative, is what makes dynamic capabilities so important and valuable as a part of an organization’s business model. A Dynamic Capabilities … Read more
The Blue Ocean Strategy framework is unique in that it incorporates execution into the strategy. By contrast, most strategy frameworks are just that – strategy, and strategy alone. They separately require strong execution, which usually takes strong project management. One of the ways that Blue Ocean Strategy incorporates execution is through its approach to leadership. … Read more
The Blue Ocean strategy framework has become popular since around 2005, on the initial publication of “Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant“, by W. Chan Kim and Renee Mauborgne. It was conceived as a way to forward execute on some of the latest thinking on innovation, particular … Read more
Innovation is an important topic these days simply because it is becoming critical to survival – for companies, governments, and people. Indeed, we have seen the effect on all three of the development of COVID-19 vaccines. Innovations are usually not completely new, a single stroke of genius, or just about a product. Let’s explore the … Read more
Design thinking has been around for decades, but it has taken root more deeply in recent years. As the transition to a digital economy continues, design thinking plays a role in making and keeping the customer first. It also supports shorter delivery time frames, increases chances of project success, and wards off the effects of … Read more