Date post: | 02-Jul-2015 |
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VP Strategic Initiatives & Innovation
Catalyst Management Consulting Lakewood Ranch, Florida
+1.419.424.1164
16 October 2014
Acquire this Competency &
Get Promoted
Strategic Thinking for Project Managers
@GregGithens
For Twitter users……
@GregGithens follow me!
Next Monday 7PM Eastern
I am the guest for
Leadership and The Future
Tweetchats
#LeadWithGiants
My Objectives
Help you recognize the value
of thinking strategically, and do it
better
Learn from you
(Are you willing to put in the effort to grow
your strategic thinking ability?)
CEO to Staffer…..
“Bring together our best {Column A} and go and create a plan for {Column B}.”
A B
Strategic
thinkers
Strategy
Critical thinkers Criticism
Agile thinkers Agility
Disruptive
thinkers
Disruption
Systems thinkers Systems
Visionary
thinkers
Vision
Top Three Needs
Think
strategically
Drive change
Understand the parts
of the business and
how they fit together
“The development of project managers needs to change from current preoccupation with learning techniques for the application
of the so-called best practices
-Ali Jaafari
University of Sydney
Project Management Journal December 2003 p 56
to competency for management of both
project and environmental complexity.”
spend more time on
understanding the
context of the situation
spend more time on
deciding on a course
of action
What’s the situation here?
What’s the history?
What could change?
What am I really trying to
accomplish?
What’s the best practice?
What should I do?
Man! I wish I had more time.
Experts Novices
Trend: PMI Standards Emphasize Project Linkages to Strategy
“In order to bridge the gap between
organizational strategy and successful
business value realization, the use of
portfolio, program, and project
management techniques is essential.”
57% of PMOs reported that they
are providing strategic decision
support and the PMO is involved
in strategy discussions in some
way
“More and more, PMOs are getting
involved in strategic-decision support”
Source: Jack Duggal, Projectize Group
N=167, ongoing survey
A question for you to ponder…
why are PMOs
increasingly involved in
strategy discussions?
(I’ll offer a few insights as we go along)
This project is
important to me!!
This project is important to me!!!
My project is important to me!!!
This project is strategic to me!!!
THIS project
is Strategic!
So… what is strategy?
Reality Check
“Our senior management team can neither
develop a competent strategy for our
organization nor execute it.”
“Our organization has no formal process for
developing strategy.”
50% of executives
agreed with this
statement! N=1000
40% agreed
(1 of 2)
Reality Check
“Most executives cannot articulate the
objective, scope and advantages of their
business in a simple statement. If they can’t,
then neither can anyone else.”
– Collis and Rukstad in a 2008 HBR article that was selected for the
McKinsey Award for best article
(2 of 2)
1st….. What strategy isn’t…
“executives who complain about execution
problems have usually
confused strategy with goal setting” *
The result is “bad strategy” that
..is full of fluff statements. “Our fundamental strategy is
one of customer-centric intermediation.”
…fails to recognize or confront challenges.
* Richard Rumelt, Good Strategy/Bad Strategy
Strategy Individuals Collaborate
Tools of
Dialogue & Deliberation
The Purpose of
Strategic Thinking
We think strategically to produce insights
– Which we will use in the design OF strategy
Insights come in unexpected ways
Errors Performance = +
Agile Business Innovation
Encourage
and
appreciate
value, speed,
and
flexibility
Design the
business to
meet
competitive
challenge,
leveraging
strategic
resources
Increase
customer
insights and
simultaneously
recognize and
correct
mistakes earlier
Encourage
relevant &
meaningful
insights
See http://wp.me/p37Hgl-cl
H
ori
zon 1
Hori
zon 2
Hori
zon 3
“The world of the future will be an
ever more demanding struggle against the
limitations of our intelligence,
not a comfortable hammock in which we
can lie down to be waited upon by our
robot slaves.” Norbert Wiener, 1964
What are the
benefits of
thinking strategically?
What prevents
people from
thinking strategically?
“I’m too busy”
Unless you take the time to
think strategically,
you will always be in fire-fighting
and crisis-management mode.
Monday 7PM (Eastern Time Zone)
#LeadWithGiants tweetchat
Future of Leadership
Greg Githens VP Strategic Initiatives & Innovation
Get Promoted Get Promoted by Closing Three Skill Gaps
Presentation to PMI Central Indiana Chapter
end