How data comes to strategies?

Most common data is coming from facts, trends and statistics around organizations.  Consulting companies can help in collecting, some information is available for free as well.  It’s important to use internal and external sources together. This will make your analysis better and more successful.

 

Depends on organization and people how much different data is available and what’s the invested time in analyzing. Sometimes you need to react fast. It’s possible to use for example big data systems (trends), financial data (facts), market or other environmental aspects (statistics). They will help to make selected strategy to work better in the situation.  Note that reason to change strategies can arise from legislation as well.

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Successful Project Manager skills: Negotiation

You need to plan what each and every meeting or negotiation is made up for. Also think what kind of questions or outcomes is possible to come up. This way you’re prepared. If there are more than one person involved, plan the roles and make sure people keep their roles during the tough situation.

It’s not always needed to plan so much, but at least go through by discussion with other involved people the status and situation.  Think about value and benefits for each participant: how they might think about different options and how they can communicate results forward. Try to offer good outcome and help later communication to others in any organization, especially your customers.

Successful project managers keep calm in all situations. This means you have an ability to be informative and without passion tell about things.

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What strategic managers do?

Jocelyn Kung gives three examples for crisis management strategies in Forbes:

1. What to cut: future survivors need the most significant, fast cost structure changes

2. What to preserve: for keeping perspective and also the importance perspectives and

3. Where to take risks: important in both establishing the business and changing existing, note future is often unclear.

 

You’re often in a situation where you need to react fast. These three strategies may also happen without any crisis, to be prepared for changes in the future.

 

Harvard Business review lists several tasks for Organization Strategy Management office:

1. create and manage scorecard,

2. align the organization,

3. review strategy,

4. develop strategy,

5. communicate strategy,

6. manage strategic initiatives and

7. integrate strategies priorities to other support functions.

 

This article assumes that strategic management team needs someone behind the scenes helping in these tasks. If you’re a future strategy manager, these tasks are for you and possible your team.

 

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Successful Project Manager skills: Time Management Sharing, Overtime and Planning the End of Week

Some managers really ask you to go over the limit until you say no. This happened at my work quite often. So what we did with my closest colleagues was that sometimes Fridays we planned a meeting day outside our regular office. Then we finished it usually earlier and left also earlier.

Since working went always overtime, it helped to know that Friday will be off early. You were able to push yourself harder before and also to finish at least on time once a week.

If you don’t have colleagues to help in this, plan for example group exercises starting in reasonable time. Don’t cancel but always go there at a certain time. This will pay back with healthier work-life balance.

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