| ©2006, PDF for download, 104pp., Center for Business Practices
The inability of organizations to effectively execute their corporate strategies is one of the major factors limiting their success. Recent management research and literature has thoroughly documented the importance of strategy execution in creating corporate value. Organizations execute their strategies through the creation of strategic initiatives, comprising any number of portfolios of programs and projects that become the vehicles for executing the organization's strategy.
To determine the extent to which the integration of Strategy & Projects leads to organizational success, the Center for Business Practices conducted this survey of a broad spectrum of organizations. We first identified those practices that lead to high performance through a search of the literature on the integration of strategy execution, portfolio, program, project, and performance management. This research revealed a set of best practices that were used to develop the questions in this survey. The goal of the survey was to learn whether or not organizations that exhibit these practices are, indeed, high performing, to confirm whether or not the practices identified are really "best practices," and to identify those practices that are most critical to the success of the organization.
The CBP surveyed senior practitioners with knowledge of their organizations' management practices and business results). Eighty-seven people responded to the survey. |
