by Dr. Te Wu | Apr 28, 2017 | Strategic Business Execution
Introduction Strategy implementation fails at an incredible rate. In 2013, the Economist Intelligence Unit (EIU)1 reported that almost 90% of senior executives believe executing strategic initiatives is essential for their organization’s competitive advantage....
by Dr. Te Wu | Mar 1, 2017 | Program Management, Strategic Business Execution
“The only thing that is constant is change” – Heraclitus (~500 BC) Introduction In the current economy of intense competition, organizations are forced to change continuously to survive and thrive. Project management is already a widely accepted discipline for...
by PMO Advisory | Dec 15, 2015 | Strategic Business Execution
Research has consistently shown that ideation is far easier than business execution. There are multiple reasons for poor execution such as: 1) Execution is genuinely more difficult because it’s often big, messy, and many moving parts. 2) Execution is difficult...
by PMO Advisory | Nov 9, 2015 | Strategic Business Execution
Change is difficult, and the author mentioned a 70% failure rate. To be honest, I am not sure if there is a definitive study on the failure rate, but I have seen even higher percentage. What’s impressive is not just the high percentage of change but it is also...
by PMO Advisory | Nov 3, 2015 | Strategic Business Execution
As some of you know, I am currently working on the core committee of PMI’s standard group to update the next edition of the Standard for Portfolio Management (4th Edition). I have a question for all executives. How should the Standard refer to strategy? It is...
by PMO Advisory | Jul 5, 2015 | Strategic Business Execution
Every so often in the course of human events, there are situations so entangled that while tragic endings are not inevitable, they almost appear so. After years and sometimes decades of mismanagement, the summation of these mistakes create a problem so big that even...
