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
Business environments run the gamut from purely competitive to near monopolistic conditions. Most environments are a hybrid and have both highly competitive and monopolistic elements. The post examines the occurrence of natural monopolies, which are rich in projects and where many PMs work. Projects in a monopoly environment have different drivers – drivers that can … Read more
The Ansoff Matrix Model is a useful tool for visualizing strategic options for product companies. It can be useful for devising strategy, presenting to stakeholders, and for collaborating about direction. It can help project managers with planning execution, and especially with assessing strategic risks. Ansoff Matrix Model Explanation The Ansoff Matrix Model, developed by mathematician … Read more
The Strategy Framework Canvas is useful in helping a strategist match the right strategic framework to the situation. It can also be useful to implementers, including project managers, to sharpen efforts in project scoping, risk management, managing the schedule, identifying and handling stakeholders, and using project metrics. This post explores the factors that influence the … 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
Pattern recognition today is a popular topic largely because pattern recognition techniques have leveraged advanced technology, such as Machine Learning and Artificial Intelligence. However, there also is very much a human side to pattern recognition, and it is applicable to developing strategies and managing projects. This post explores the value of pattern recognition, where it … Read more