How strategic managers take responsibility?

Tasnim Nazeer gives tasks how strategic management can boost organizations

1. Build a positive company culture: without feeling to belong, there’s no commitment or interest,

2. Develop healthy communication practices: this means listening and using right methods and tools,

3. Appreciate and reward your employees: it’s important to keep in right direction and celebrate, successes,

4. Invest in training: this means people know and understand, strategic management is also change management and

5. Look into resources and work environment: offer the access and possibilities to success, don’t only demand and manage.

 

Follow these steps and you will make an impact.

If you want to know more about this topic, enroll my Strategic Management course!

Successful Project Manager skills: Negotiation Sharing, Scope Leak and Over budget

I worked for a military organization, but not usually with top level generals. I have a good experience from one general who always asked for preparing the meetings.

He was asking all people to tell their opinion, so that he knew every possibility and was able to make a conclusion. This worked opposite, too, when he asked to share if any interests from vendor could be used.

We had a project which used budget almost completely in definition and planning phases. The target was to find benefit for vendor and customer. We prepared smaller discount, but at the end reached 50 % discount for certain work already done. It was beneficial for both organizations.

To be better project manager, enroll today to my course Strategic Project Management!

Setup goals and business objectives!

Goals can be both short-term and long-term.  Examples for short-term goals could come from marketing campaigns like sales increase in a certain period of time.  Example for long-term goals may be part of organizational change like re-structuring or cost efficiency.

 

Once goals are decided and listed, there need to be Key Performance Indicators which are followed. Goals will not have affection without people. They must be communicated and understood as well. Best way is to assign responsible person for each goal

Business objectives are coming from vision and mission of an organization.  Board of directors will select most important objectives and goals and strategic process can start after it. Main reasons to have new or changed business is a crisis or other need (it comes internal or external).

Strategy managers can help others by making both source and output analysis, for example scenarios. Different scenarios are options, you select the one which is most likely to success. If there’s no clear idea for objectives and directions, a strategy isn’t possible to be formulated.

If you want to know more about this topic, enroll my Strategic Management course!

Successful Project Manager skills: Negotiation Tools

If you really want to spend time and prepare for difficult negotiations, you can use cost-benefit analysis.  It will take into account a lot of factors for different options and offer great value for programs or projects. But the negative things is that it will take a lot of time to prepare.

Starting point is usually to plan an agenda and list participants.  Once you know participants you can make search and collect information, especially new people who weren’t in your linear responsibility chart.

You can use SWOT analysis or other tool to evaluate different options from your own point of view. Don’t forget to think from customer point of view ever. They may have difficulties if project is delayed or over budget, help to get good outcomes.

Reading all the contract papers may not always help, because in a crisis or more difficult case there will be feelings involved.  To make a situation more relaxed, you can meet in other location than where you usually have meetings. It can make starting point better. Also if there’s something to expect, for example dinner, people are more willing to compromise.

 

To be better project manager, enroll today to my course Strategic Project Management!