Strategy Management for Project Managers (Part 1)

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Ross Martin & Idris Manley
February 11, 2024

In this inaugural episode of the "Future of Work 2.0" podcast, hosts Idris Manley and Ross Martin dive into a range of topics relevant to project managers. They discuss the importance of expanding the knowledge and insight shared in project management, the impact of AI on the industry, and the need for project managers to adapt and prepare for the changes ahead. The hosts also explore the role of strategy management in achieving business outcomes, the challenges of scenario planning in the face of black swan events, and the need for effective communication and alignment within organizations. Join Idris and Ross as they share their wealth of experience and provide valuable insights for project managers navigating the evolving landscape of work.

Chapters:

  • 0:00 Who Are We and Why Are We Doing This?

  • 7:20 Can the Title or Function of the Person as the Owner of Strategy Management Affect the Outcome?

  • 18:48 Does Strategic Scenario Planning Still Make Sense in the Face of Black Swan Events?

  • 26:39 When is the Right Time to Re-evaluate Your Strategy Planning Process?

  • 35:38 95% of Employees Don’t Understand How Their Day to Day Job Relates to the Company’s Strategy

Key Takeaways:

  • Leadership roles in risk management should be consolidated to address both physical and digital risks.

  • Strategic scenario planning is still important, even in the face of black swan events.

  • Re-evaluating the strategy planning process should start as soon as possible, ideally at the beginning of the year.

  • 95% of employees don't understand how their work contributes to the company's strategy.

  • Implementing OKRs or MBOs can help align teams and individuals with the company's strategic objectives.

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