If Project Management, properly understood, can be the nervous system of strategy, executing and dynamically informing adjustments to strategy, then anything that hampers or slows this dynamic feedback loop erodes value.
That’s where “fit” comes in - perhaps the most important finding of the PMI-sponsored, multi-million dollar, 4 year academic study on the “Value of Project Management” is that this “Fit” between the organization and project management methodology is a crucial driver of value.
If the way that project management works in an organization isn’t in line with the organization’s culture and goals, Strategy and Execution have difficulty communicating. In contrast, if Project Management methodology fits the organization well, the speed and accuracy of the communication between Strategy and Execution is enhanced.
This speed and accuracy of communication provided by Project Management that "fits" makes the organization more agile and more able to deliver value in the face of change.
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I like everything you said here but I really don't like the nervous system analogy.
ReplyDeleteThanks...often, what I will be doing here is to throw a concept or analogy at the wall to see if it sticks...you're not the only one who doesn't like the nervous system analogy...at least it's better than the Corpus Callosum (brain structure) analogy that is used in "Executing Your Strategy" (Morgan, Levitt, Malek). Perhaps it's better to steer away from the biological analogies - they can come off like the large intestine (full of ____).
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