Leading the conversation on digital connected work
Kopplingen mellan ett företags strategi och den långsiktiga planeringsprocessen, som kulminerar i den årliga budgeten, har alltid varit, för att uttrycka det snällt, mycket lös. För de av oss som står nära planeringsprocessen har detta varit ett välkänt problem under lång tid. Ändå fortsätter vi att bli förvånade när vi...
Coffee Talk: It’s Your Link to the Latest Innovation and Product Portfolio Management News and Trends! We are excited to introduce this new video blog series, Coffee Talk, featuring the Product Portfolio Mavens. Likened to The View for Product Portfolio Management (PPM), the Mavens offer wise insights along with a fun perspective on critical topics for...
As we have said before, every forecast you’ll ever build is wrong. The truth may be out there, but due to a lack of perfect information about the future, you won’t be able to reveal it before your project review meeting. There is a paradox here: The more you insist on the truth, the more...
With cloud-based project portfolio management software, project management offices can gain visibility into both strategic initiatives and sustaining operations, resulting in clear visibility into operations, effective prioritization, and better decision-making across the entire portfolio. A Project Management Office (PMO) doesn’t always achieve its full potential. Project managers often find themselves short on resources, time and...
What is an R&D-driven company with $10-50 billion of cash in the bank to do? In the last twelve months, Merck, Pfizer, HP, AstraZeneca, and Bristol-Myers Squibb have announced stock buybacks totaling over $25 billion, and layoffs of over 30,000 employees. So apparently, for many firms, the best use of their cash hoard is a...
Spelförändrande tjänsteplanering I min tidigare blogg, Blindsided: Why Service-Driven Organizations are Unprepared for Swings in Demand, diskuterade jag några av de problem som projektbaserade serviceorganisationer för närvarande står inför. Sammanfattningsvis kan man säga att praktiskt taget alla organisationer har följande utmaningar: Otillförlitliga prognoser innebär att den inkommande efterfrågan alltid är en överraskning Dålig insyn i resursutnyttjandet.
Finance and R&D can get along You’ve just finished briefing the executive committee on the methods for project valuation that you have worked so hard to establish in your R&D group. The team has finally acknowledged that risk needs to be managed in all its potential forms. You’ve reached consensus on the following set of...
Innovation is inherently risky. By definition, you’re doing something that you haven’t done before so there are no guarantees it will work. The mindset in many organizations is to “minimize” risk as if it were a disease, but it isn’t that simple. The best companies face risk head-on and manage it both systematically and transparently....
Part one of this series notes that 1) there are appropriate uses for spreadsheets in the planning process, 2) there is a key point at which spreadsheets fall short (alignment), and 3) an appropriate planning tool is one that makes the most of the strengths of spreadsheets in the data gathering process. In this blog,...
Ingen kommer att hävda att ekonomin skapar många affärsmässiga utmaningar för projektbaserade företag. Smalare marginaler, minskad intäktstillväxt, färre projekt, lägre faktureringsnivåer, förändrade förväntningar från kunder och anställda och nya tekniktrender, inklusive konsumentanpassning av IT, är vardagliga ämnen för många chefer. Hur kan den framgångsrika ledningen i dessa svåra förhållanden...
