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 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
On Saturday this Labor Day Weekend, I heard the sad news that the iconic performer Jimmy Buffett died. How ironic it was for this to happen just before Labor Day weekend in the US – when so many people, like myself, could be immersed in holiday weekend fun and relaxation – and listening to tributes … 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
This post focuses on one unique quadrant of the BCG Growth Share matrix – the Star. It goes deep and hand-on into the defining attributes that make a Star, discusses implication for strategy, and goes into applications in project management. The Star – and Growth and Share as Strategic Factors What is a Star – … Read more
This post examines an interesting strategy implementation model, the OGSM framework – composed of Objectives, Goals, Strategies, and Measures. It outlines the framework, provides lots of examples of each of the components, and provides the linkage between the OGSM framework and both the strategy function and the practice of project management. What Is the OGSM … Read more
This post explores ABC Analysis – a framework and technique use in inventory analysis. It further explores where it applies to strategy and project management – and strategic project managers. What Is ABC Analysis? ABC analysis refers to the classification of inventory items into three classes, A, B. and C. Inventory items are classified based … Read more
This post explores the idea of an evolved approach to strategy – the development and implementation of simple rules. It came about as a result of increasingly rapid change – and shortened periods of strategic advantage. It relates closely to the growth of the “project economy”. What Is “Strategy as Simple Rules”? Kathleen M. Eisenhardt … Read more
This post examines the Pomodoro Time Management Method, or Pomodoro Technique – an approach to improve personal productivity for optimal personal concentration and sustained focus. Going beyond the personal, it identifies how the Pomodoro Technique can bring better results for strategy and project management. What Is the Pomodoro Time Management Method? The Pomodoro Time Management … Read more