Why Strategic Leadership Matters
Successful delivery is a joint effort of both the project execution and governance teams. They need to work together and each plays a vital role in achieving the desired project outcomes!
Typically, the project team is held responsible for delivery failure; however, when 'lessons learned' are performed, the majority of failures (over 60%) can be linked to poor performance by the project governance team.
That's why determining critical skill gaps and assisting organisations in implementing strong project governance principles and procedures will improve the success rate of your projects and is one of our key offerings!
One good example is a multi-million-dollar technology upgrade in a transportation system. Click here to read the full story.
The 3 A's of leading strategically
These leadership principles need to be adopted and applied in both the project execution team and the governance team.
- Authority enables action
- Accountability drives action
- Agility transforms action
It's important to note that while the output of project teams is measured, the performance of governance teams is rarely measured. This oversight results in a lack of accountability in the governance team.
How Strategic Leadership Process Addresses this Imbalance
BM Project Management's FLOW process addresses this major oversight by ensuring governance decisions first and foremost focus on the balance between the project and the business needs.
These needs may encompass the provision of people, education, processes and tools - all within the constraints of time, budgets, business priorities and project complexity - and that's just the starting point.
The longer the project duration the higher the risk of organisational change, people disappear, roles and responsibilities are not defined or the right people are simply not available.
Many findings indicate that unskilled sponsors are the key factor in project failure rather than the project team. That's why we developed the FLOW process - to address these complex challenges and pave the way for successful leadership and governance.
Barbora Muzikant, founder of BM Project Management, has proven her ability to drive multiple strategic organisational transformations through decades of practical application and business leadership. Discover how she can help your organisation. Phone: +61 403 000 476