Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans — you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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Insight
These three terms constantly blur together in organizations without a common risk lexicon. As such, we sometimes find ourselves using them interchangeably when, in fact, they are not synonyms. These terms represent three completely different types of project concerns (oh, great, a new term -- concern!) and are managed differently.
Projects often get into trouble because their underlying assumptions change. The healthcare company Oxford Health lost $3.4b in stock market value (and almost its entire business) in one day because it assumed its homegrown corporate financial system could support its rapid business growth.
TRENDS SURVEY ON ENRON DEBACLE VOL. 3, NO. 7 by Ken Orr, Fellow, Cutter Business Technology Council
Assertion #60 from the Cutter Business Technology Council states:
Organizations are sailing on choppy waters these days. Seemingly endless challenges in the world economy, paired with safety and security concerns, are tossing organizations recklessly into hazardous shoals. Demands for timeliness, cost-effectiveness, and quality continue to be the standard du jour.