Thursday, March 5, 2009

The Strategic Execution Framework


I recently start taking classes through Stanford in Advanced Project, Program and Portfolio Management. The class I'm currently in is "Converting Strategy into Action" I'm really enjoying this class becuase it is doing a much better job in articualting the things I've seen in my 20+ years of managing projects than I have done historically. They have an excellent way of describing how corporate Ideation, Environment and Vision directly impact executional strategy as defined by the Portfolios of Projects and Programs that enable pursuit of that vision. 

This Strategic Execution Framework (shown on the left) serves as a starting point for ensuring initiatives are strategically aligned to the vision of the organization.

Thursday, February 26, 2009

Process or Relationships, which is more important?

Asking a project manager "which is more important, relationships or process?", is like asking a golfer "which is more important, speed or line?". The answer to both questions is "yes". In project management you cannot hope to deliver effectively on the project requirements if you are not making positive progress in your relationships with the stakeholders. 

Although, there are exceptions, most stakeholders are showing you limited trust simply by allowing you to walk in the door, from that point on, the better you manage expectations the more you will build upon that trust. The more trust you have with your stakeholders the quicker and smoother your project issues will pass.

Process makes projects repeatable, relationships make projects doable.