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 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 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 looks at building digital business value chains, and how they are a natural extension of traditional, low-tech value chains. It explores the impact to strategy, and links to several relevant strategy models and frameworks for analyzing digital opportunities and approaches. Finally, it looks at what it takes to implement digital value chains on … Read more
This post looks at the opportunities and challenges of digital technology transformation – and delves into HOW to do it. It looks at the whole picture – all elements required for a successful change transformation – which boils down to a more cultural and human set of obstacles than technology hurdles. What Is Digital Transformation? … Read more
When starting a new project, or new to a role in the organization, you are part of a change. So how can you add more certainty in this change that you are part of? This post explores a change process that can help, regardless of your role. It looks at the various organization situations, how … Read more
The STaRS transition model is a strategic and implementation framework that can provide great guidance for you when you are starting in a new role. It applies to a transitioning business manager, program manager, or project manager. This post looks at how change plays a role in any transitional situation. It provides a lens through … Read more
This post introduces the Resource Based View strategic framework and provides examples of using it. It provides an outline or process for applying the framework in practice. It identifies the strengths and shortcomings of RBV as a strategic framework and how to overcome those. Finally, it lays out a road map for leveraging RBV using … Read more