Strategy and Success

Insights | 15 March 2019

In an ever-changing world, companies are compelled to continually review their approach towards achieving business strategy success if they are to compete and stay relevant in the market.

A surprising (and worrying) global statistic affecting executives today is that regardless of which strategic methodology they use, 40% of that strategy’s value will be lost due to a “breakdown” during execution. (Bain & Co, HBR).

The real worth of an organisation’s strategy will only be realised if the business can translate that strategy into reality.

Effective project management is imperative when it comes to implementing a strategic agenda – this will have a dramatic effect on the bottom line. Organisations who invest in recognised and proven project management practices will undoubtedly outperform their competition, enjoy successful business outcomes and be able to reinvest back into the business.

Great Strategies + Great Execution = Great Performance and Success.

What project management practices does your organisation have in place to ensure strategy success?

For more information on how PM-Partners can help you achieve business strategy success, contact us today on 1300 70 13 14. Follow us on Facebook to stay up-to-date with our business strategy tips.

About The Author

Ken Sheargold, Chief Executive Officer at PM-Partners group

Ken joined PM-Partners as a Transformation Consultant in February 2016 and took on the role of CEO on May 8th 2017. Ken is responsible for delivering major transformational change where there is complexity, risk, many inter-dependencies and conflicting priorities.

Prior to joining PM-Partners group he held a number of executive appointments in the NSW Government and Telstra Corporation.

His most recent appointment in government was the Executive Director, Premiers Implementation Unit directly responsible for supporting the Premier in the delivery of his key priorities across NSW. Prior to working in the Department of Premier and Cabinet he was the Executive Director of ServiceFirst, the shared services organisation responsible for the provision of shared services to the central agencies of government.

He was the Program Director and commercial lead for the outsourcing of ServiceFirst that successfully executed contracts with Unisys and Infosys in June 2015 with a total contract value of $235 million dollars.

Prior to joining the NSW Government, he held a number of senior appointments in Telstra Corporation. Those appointments included Executive Director Corporate Strategy and Customer Experience and Executive Director Service Advantage.

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