This book is intended for executive MBA students, other graduate
students, and middle managers through executives in any type of
organization. In many organizations executives determine strategy
and managers implement it. Unfortunately a gap can exist between
the two. This book is aimed to help bridge that gap by including
concepts and tools of implementing strategy through carefully
identified, aligned, selected, prioritized, resourced, and
controlled projects. As such, it can accompany a strategic
management text or case. It can also accompany a project management
text or approach and be useful to executives and managers in an
organization where much of the work is accomplished by projects.
Many of the best run organizations have effective methods of
identifying, aligning, selecting, prioritizing, resourcing, and
controlling the portfolio of projects that collectively best helps
them achieve their strategic goals. Furthermore, regular reporting
and quarterly updates in planning help to ensure results. Proper
application of quality, information technology, and decision-making
further help executives prioritize and evaluate projects and their
efforts in executing them. Quality management as currently
described in the Malcolm Baldrige National Quality Program lays a
foundation for leaders to connect their actions with the needs of
customers, using the customer desires to improve their productive
systems, information technology, and workforce. Multiple
information technology forces are fundamentally changing the way
work is accomplished. Information technology coverage includes
understanding how an executive might utilize the potential of
various information technologies to fundamentally change the way
his organization delivers service and how to develop a master plan
to implement new technology. Many decisions are best made by
considering both quantitative and qualitative data. Therefore, we
introduce proven, simple methods of collecting both idea data
(qualitative) and quantitative data. We then work through effective
methods of making decisions. Executives serving as sponsors can
informally ensure project managers understand fully how their
projects contribute to strategy. We cover 22 executive sponsor
behaviors from our research that correlate to project success if
they are performed at the correct time in the project life cycle.
Modern project managers work effectively with many stakeholders in
a facilitating manner leading the project initiating, planning,
implementing, and closing. Collectively these project manager
responsibilities require knowledge, skill and judgment. It is
important for leaders to understand project manager
responsibilities at a high level in order to better oversee the
project manager.
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