What is project portfolio management? Project portfolio management (PPM) is a strategic alignment process by which an organization’s projects are evaluated to identify the purpose, fit, and benefits as they relate to company goals. Projects can then be grouped into programs based on relevance and similarities. All programs and their respective projects should then fall…
Everyone has had this experience: you’re sitting in a bar or the airport and your head starts bobbing to a catchy song. Type a few lyrics into Google and framed at the top of the first results page you get the song name, plus contextual information like the artist, genre, release date, related songs people…
Since joining Christiana Care Health System almost a decade ago, CIO Randy Gaboriault has watched his duties evolve into more of a “CIO-plus” role. “The role of CIO has changed from strategy participant to strategy enabler — a deep influencer if not strategy shaper,” says Gaboriault, now CIO and senior vice president of innovation and…
Imagine you are CEO of a company that has been growing steadily for decades. You have always pivoted for economic and market shifts, and you have a deep knowledge of your operations, suppliers, and business model. But along come digital technologies, and everything changes. How do you avoid the fate of other CEOs who have…
CIOs are critical to success at organizational modernization and transformation. However, before CIOs become what Deloitte labeled “business co-creators” or “change instigators,” CIOs must first become strategic. What is involved in doing so? I asked the weekly #CIOChat group for their insights. What percentage of a CIOs time should be invested in strategy discussions? As…
A life sciences company needed a new project lifecycle management system for the maintenance of one of its products. It seemed important to involve all stakeholders, so a cross-functional steering committee was formed. It included the top leaders from IT, engineering, quality, and operations. All four functions had equal ownership of the project. These four…
A poll from Gallup for the Business-Higher Education Forum shows that by 2021, 69 percent of employers expect to give preference to candidates with data science and analytics skills. However, the same report also revealed that only 23 percent of colleges and universities expect to graduate students with those skills in the next few years.…
It is a great time to be an entrepreneur. The Internet of Things (IoT) revolution has spawned an infinite number of opportunities for innovative self-starters. The tools available to help entrepreneurs create new and amazing IoT devices and services are ubiquitous. Your imagination and a basic sense of business are really the only limits. The…
Anheuser-Busch InBev, the $60 billion brewer of Budweiser, Corona and more than 500 beer brands, had a data problem when Harinder Singh joined the company as global director of data strategy and solution architecture in 2017. Thanks to acquisitions of more than a dozen brands over the past several years, AB InBev had accumulated a…
Treachery, deceit, political intrigue, power struggles — these are some of the enduring themes of Game of Thrones, but for many of us it’s just another day at the office. The characters and situations depicted in HBO’s epic series are not entirely unlike those you encounter at work every day, save for the armor, swords,…