When business leaders are quizzed about what it takes to succeed today, they tend to suggest the usual suspects. Innovation is one constant refrain. But, look around. While radical innovation is a common aspiration, incremental innovation is the more frequent reality. Very few products or services are truly innovative.
Every CEO or leader is accountable for overseeing strategy design and delivery in his or her organization. Leaders also recognize that strategy implementation excellence is central to the organization’s sustainable growth and prosperity. Yet most strategic initiatives fail because of flawed implementation, at great cost in time and resources.
A book with the very best thinking and insights in the field of strategy and beyond.
A unique partnership between the Brightline™ Initiative and Thinkers50has created "Strategy at Work". It showcases some of the very best thinkers in the field of strategy and beyond.Ricardo Vargas and Edivandro Conforto wrote together a chapter of the book explaining the Brightline Guiding Principles for connecting strategy delivery with strategy design.
In this episode, Ricardo talks about the relevance of understanding what underlines the implementation of a strategy. Creating a transformation strategy for an organization is an incredibly hard task, but the challenge is not finished after the strategy is on paper. You need to get things done, you need to deliver that strategy design, and that's where most organizations fail. Read the recent article:
In this episode, Ricardo comments on the Pulse of Profession® 2017 , an annual report published by the Project Management Institute (PMI). About 4,000 professionals worldwide were interviewed and one of the key indicators reported is that financial waste on unsuccessful projects has dropped by around 20%; Until last yet, it was about USD 122 million lost for every billion invested. This year, the value dropped to 97 million.
In this episode, Ricardo comments on the Strategic Execution Framework® (SEF) directly from Stanford University. He highlights the simplicity and clarity of this framework created by IPS Learning and the Stanford Center for Professional Development (SCPD). Get to know more about the SEF at http://ipslearning.us/content/strategic-execution-framework
In this podcast, Ricardo lists the three main reasons why it is so difficult to establish criteria for selecting projects in a Portfolio Management. They are: the lack of clarity in the strategic objectives, the difficulty in measuring intangibles and the management of possible conflicts created by individual interests.
In this podcast, Ricardo, directly from London, talks about the Gartner PPM & IT Governance Summit 2012, meeting to address Portfolio Management and IT Governance. He talks about the main topics discussed at the Summit, especially the strategic value and benefits of selecting the projects aligned with the company's strategy.
In this third and final podcast of the series, Ricardo talks about the comparison to the project selection and choice. He gives two examples of comparison one simpler - the weighted score matrix, and other more complex - AHP - Analytic Hierarchy Process. Ricardo explains how to prepare each of the two examples. See the article about AHP mentioned in this podcast at: http://www.ricardo-vargas.com/pt/articles/analytic-hierarchy-process/
In this second podcast of the series, Ricardo talks about the selection criteria in portfolio management. He explains that in addition to financial criteria, there are others who may be considered and, even if it is intangible, there are ways to make them tangible. Ricardo gives several tips on how to transform these criteria into tangible and also talks about the balance of the criteria chosen.
In this first podcast of the series, Ricardo talks about strategic and portfolio management. He explains that if the manager does not know what is the strategy of the organization, it's a waste of time to create comparative to select projects.
In this second podcast of the series, Ricardo talks about portfolio management of personal projects. He explains that it is necessary to map and select which projects will be undertaken, which will be later, a which will not be made and which requiring a study before deciding. Ricardo says that projects should be selected according to the goals we have set and gives tips on how these objectives can be defined and how they are selected.
In this first podcast of 2, Ricardo gives some tips on how to manage personal projects that take place during the year. He exemplifies with the planning he did for his personal projects for 2011 and 2012. Ricardo explains that the first thing he did was his strategic map and throughout the year, was taking notes of all kinds of projects that have appeared.
In this second podcast of the series, Ricardo talks about the success in projects from the perspective of the sponsor or the executive. He explains that the project must be aligned with the company's strategic planning, generate strategic benefits, financial results and that these benefits should be defined at the initiation of the project.