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The purpose of the “Gates” in a Phase Gate, or stage and gate style process is to ensure that the project is being executed properly. “Gates” are like quality control checkpoints – they are meetings between the project team and senior management to assess the quality of...

A Proven Framework for Effective Project Management In today's fast-paced business landscape, organizations constantly strive for innovation, growth, and market competitiveness. However, new product development or process improvement initiatives often face challenges in...

What is a Project Charter? The Project Charter is your starting point when it comes to New Product Development, and your first step to getting your project underway, so it’s really important to get it right. The project charter should be completed early in the planning...

Managing your innovation and R&D portfolio in a large organization is a complex challenge– it requires combining creative capabilities with a process of governance. It requires vision and realism… a culture of reasoned adventuring coupled with good old project...

With the New Year upon us, it’s time to reflect on the top trends in Strategy Execution Management from 2022. Strategy execution is not a new topic. It has been around for decades and is recognized as one of the most challenging aspects of strategy. However, we are seeing...

If we cannot avoid living in a world that drenches us with information – still, we can and must select for our processing the information that is likely to be useful to us and ignore the rest.- Herbert Simon Herbert Simon was one of those multidisciplinary luminaries who...

Organizations are like living organisms. Bill Gates makes this point in his book Business @ the Speed of Thought. Organisms and organizations both have a central nervous system. One is somatic, the other metaphorical. The body is a dynamic and living messaging system. Our...

Constraints have increased and so has demand for sustainable value. In good times there was a wide margin of error. Sometimes even seat-of-the-pants decision-making works, but so does winning at the casino. Both are unreliable and usually unrepeatable. Gambling with your...

The best-in-class project-selection process reduces complexity and accelerates good decision making. Complexity is a problem all of us have to deal with. And it’s a problem that’s not going away anytime soon. The scientific law of entropy show’s the universe’s trajectory...

"Fanaticism consists of redoubling your effort when you have forgotten your aim." - George Santayana. In the absence of a holistic view of your entire portfolio of projects and lack of defined process, you rely on guesswork. Under pressure or through habit you revert to...