Lately, I have been revisiting on my favorite books the 48 laws of power by Robert Greene, considered as the 21st century Machiavelli for this book. In spite of its occasionally wicked life perspective, the book contains multiple lessons taught through historical events that can be readily applied to multiple present situations. In the context […]
Digital transformation is a bumpy road for most companies regardless their size and sector. It becomes utterly important to learn from both success and failure cases so as not to make similar mistakes and optimize the journey. This article by McKinsey give us the following insights from interviewing successful CEOs about fundamental transformations in a […]
In the celebrations of their half century anniversary, the Project Management Institute (PMI) has announced the top 50 notable and influential projects of the past 50 years. This is ranking aims to recognize how project management helped turn these ideas into reality and how these projects have transformed their sectors and the entire business landscape, […]
Portfolio categorization, evaluation, and prioritization are essential processes for portfolio management as key elements in accomplishing organizational strategic goals. In these processes, the selection mechanism to justify capital investment and resources allocation must ideally be based upon qualitative and quantitative criteria. However, in many cases, the decision-making process is still based on the experience and […]
That is the million-dollar question in Project Management. Clearly, project failures are generally multifactorial, and it is a matter of a thesis rather than a blog post. Nonetheless, I would like to share the five possible internal reasons identified by OBS Barcelona Business School in this article; since managers should put the focus on addressing […]
It is true that the Information revolution has changed the way negotiations take place. Recently, I listened to an interesting episode of my favorite podcast Mentor 360 addressing this topic. Aarón Benitez, a Mexican businessman and entrepreneur, provides a few tips to adapt our negotiation skills to the new era. Although this is primarily oriented […]
Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth. Marcus Aurelius This week I came across this quote from Marcus Aurelius who was the Roman emperor from 161 to 180 A.D. and a renowned Stoic philosopher. The roman emperor reminds us of our irrational nature as […]
Traditional change management models have offered multiple frameworks for companies to adapt to the ever-changing market environment. Nevertheless, most of these tools have failed when applied to digital transformation, leaving corporations without clear guidelines on how to proceed and leading to a fierce resistance against the profound needed shift. Nowadays, we are living in a […]
According to a recent report by Gartner, nearly half of the product launches (45%) do not meet time deadlines and are delayed at least one month. Even more intriguing is the fact that out of those projects, up to 20% are not able to satisfy internal targets. Clearly, this stems from a complete disconnection of […]
According to the consultancy firm Mckinsey, less than 30% of organizational transformations manage to succeed at improving performance with sustained gains. In fact, even digital industries such as media, high tech or telecom struggle with only a 26% of success rate, while this number sinks in traditional industries such as oil, gas, automotive as low […]
PM Reflections 