Article of the Week
How Risk Reduction Is (and Isn’t) Rocket Science (HBR Blog Network)
Big Idea: Large endeavors require the discipline of project management if they wish to reduce risk and increase the likelihood of achieving real results. The latest findings from the Project Management Institute highlight the importance of strategic alignment – focus on organizational goals, not just project goals. Link to the survey and start accessing PMI’s body of strategy execution knowledge.
Editor’s Choice Articles
To Build Your Business, Smash Your Silos (Fast Company)
Big Idea: Structure and strategy are always in tension when it comes to managing change across organizational silos. The answer lies in aligning priorities and coordinating information flow and decision-making, according to Neil Smith. This excerpt from his new book provides good questions to help address the challenge of managing across the divide of divisions, departments, and functions.
The Business Performance Management Triad – The Key to Translating Your BPM&I Efforts into Results (SFO Blog)
Big Idea: There are lots of methodologies to improve performance. Sandy Richardson discusses what the common success factors are they all share if they are to succeed in driving transformational change. Her advice to take a “just in time” approach to deploying the tools and techniques of any methodology is especially good.
Leadership and the Expectation Gap (Innovation Excellence)
Big Idea: Don’t confuse the leadership task of aligning stakeholder expectations with simply managing them. Along with this important distinction, Mike Myatt articulates three key practices that will help leaders and their organizations deliver on expectations.
Seven Ways to Disrupt Your Industry (Fast Company)
Big Idea: At the next offsite focused on organizational vision and strategy, challenge the team to think how they can lead, not just follow, customer and competitive change. The authors provide some excellent “disruptive” ideas to start the strategic conversation. May the best disrupter win!