We’re excited to announce that Program Framework will be exhibiting at the Chief Strategy Officer Summit in London at the end of this month. Held on the 26th & 27th of April, the event promises to be a fantastic opportunity to learn from industry thought leaders and explore the latest strategy trends across the enterprise. The CSO Summit – hosted by the innovation enterprise (IE) group – is sure to provide a variety of different approaches to the challenges that come from within the strategy function. Continue reading >>
Part 1: Introduction and behavioural
Do you ever look back on decisions taken and think, “Why did we do that?”; “Why did we choose that project?”; “Why did we believe that benefits case?”; “Why did make that decision?”.
Research has shown that many of the choices we make and decisions we take are impacted by social, cognitive, memory error biases. Your portfolio board is not immune from this. There’s no shame in it – we, as humans, all suffer (and are guilty of) bias to one extent or another. The purpose of this series of blog posts is to highlight this fact. By providing a little bit of education (which itself is a technique for avoiding bias) regarding biases, and showing you some techniques to help ‘de-bias’ yourself and your organisation’s decision making, by the end of this series you should have the tools and skills to make impartial and rational decisions. Continue reading >>
To improve is to change; to be perfect is to change often.
“We live in a constantly changing world” is a line we hear all the time when talking about today’s technology advancements, but this statement has always been true. At any point in history, advancements of that era were cutting-edge. Technology and innovation has always been in a continuous state of progress, and the way business has conducted itself has evolved along with it. Companies who didn’t understand this or failed to take steps to adapt were left behind and became obsolete. Continue reading >>
What is it about change that people are so averse to? While there are some areas of our lives where we’re constantly hungry for novelty, humans have a much stronger tendency towards stability. There is a number of reasons for this fear of change – research shows we subconsciously presume things which have lasted longer are better. When something seems old or permanent, we presume it has stood the test of time and is, therefore, good.
Organisations as a whole often have the same tendency, seeing change as something undesirable – businesses prefer stability: ‘better the devil you know than the devil you don’t’. However, in a globalised economy of emerging markets and increasing competition, a refusal to adapt to new pressures, technology and opportunities can be catastrophic. It’s no longer an option to simply carry on as we used to – businesses need to be adaptive if they hope to succeed in this climate. Continue reading >>
If you want to achieve great results in a demanding environment and create Competitive Advantage for your Organization, then you should ensure you are selecting the best projects, the best investments and above all creating the best portfolio for your organization.
As a CEO, a CSO, or a PMO in a Private Company or in the Public Sector, selecting the best projects means ensuring that you’re delivering the best value-for-money for your investments.
The aim of this article is not to be an overview of Strategy Management, or Portfolio Management, but to quickly demonstrate how Project Online / Project Server can help you achieve the intended results.
 Portfolio: a range of investments held by a person or organization.