Corporate development & finance – Business value from the corporate perspective

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Now it is time to explore how these services and capabilities are viewed by the enterprise in terms of true business value and competitive advantage. Corporate development concerns itself with the management arm of the enterprise, setting the strategy and priorities, and ensuring that the enterprise wide investments are aligned with future strategic goals.

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Enterprise Architecture – Linking Teams to the Enterprise

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Now that the linkage between the delivery and operations of the service has been established and the PM understands how the service enables a capability, it is time to make the connection between the delivery team and the organization.

I believe that helping the PM understand EA and its links to Business Architecture (BA) will help to crystallize the role that their delivery team plays in the broader scope of the enterprise.

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Linking Project Delivery & Services to Business Value

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To continue to add value to the enterprise, I believe that the PM role needs to continue to evolve more in the direction of a strategic business manager, linking the project delivery to business value. Excelling not only at delivering a project to the stakeholder, the PM needs to understand how the service delivered, as a result of the project, accelerates a business capability and helps the enterprise leverage current services in-place, as well as the life-cycle of these services, skills that are immensely important to the enterprise success.

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Accelerating Implementation is a Decision Dilemma

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How many decisions does it take to make a project? Thousands? Millions? The actual answer is much more as you visualize all the strategic decisions cascading down into the individual choices that drive daily actions. Add the growing complexity the global economic downturn has added to the mix and it’s no wonder that PMs and business leaders everywhere are struggling with executing plans that deliver predictable results. But, some interesting new research from the field of neuroscience is providing new insights into this age old problem. Let’s explore the challenges that are undermining our efforts to accelerate the speed of decision implementation.

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