Companies invest significant time and money to develop their strategy. The best ones involve their employees in the process so they enrol them at the same time. Some companies organize offsite retreat and day long meetings. Then everyone comes back to work all pumped up and motivated by the new outlook they have of their future. However, the reality and day to day begin to take over. They are left alone trying to figure out how to make a difference and make the strategy a reality. Real value and benefits come from the ability to transform their ideas into reality. In other words, to deliver your strategy, you need projects and project management
Don't take our word for it. Take a look at the numbers.*
Organization fail to operationalize their strategy and don’t understand that value is delivered through projects.
The failure to recognize project management as a strategic competency is the cause of 50% of projects failures.
Over the past 5 years, 10% to 12% of the investments made in projects were wasted due to poor performance.
“A strong project manager helps a company to define the vision for a project or initiative. If they can bring robust project management skills it can make the difference between a successful project that helps companies to grow and a failed project that consumes resources with no measurable return.”
TED DOSCH, CFO Anixter International