Strategy, PM, W. Edwards Deming and the PDCA Cycle

The Plan-Do-Check-Act (PDCA) Cycle, developed by W. Edwards Deming, provides a simple and effective means to create a virtuous cycle in an organization. It can help you to structure initiatives to solve problems and seize opportunities. This post looks at what the PDCA cycle is, dives into the specifics of the four steps, looks at … Read more

Return On Invested Capital Definition for Strategic PM’s

Return On Invested Capital, or ROIC, is a common metric used as an input for developing strategy, selecting projects, and measuring project, program, and business performance. This post explores the definition of ROIC, how to compute it, and its usefulness in strategy and project management. Return On Invested Capital Definition Return on Invested capital can … Read more