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PofE 089: Scoring Pains: Should You Use Business Drivers or Business Outcomes To Score Your Projects?

Business Drivers are any important part of a business such has cost, capital expenditures, marketing, custom support or superior products, etc… They are Touch Points that influences an organization's value.

Business Outcomes are items that the customer deems important and that addresses the customer pain points or an opportunity to enhance the customer's perspective. Think Customer Focus, Getting the Customer's Journey and Experience Right.

 

Learn how business outcomes and business drivers can be applied to score the success of your business.

As technology continues to advance, business owners must be prepared to stay one step ahead of their competitors and the expectations of their customers. To gauge the success of a business, a capable portfolio manager can apply a number of metrics to determine how much of an effect a certain program or project is going to have on the company as a whole. Though both of the following metrics may apply in different ways, utilizing them, both is one of the most powerful ways to shape the business approach and provide your end users with the products and services they are looking for.

 

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PofE 088: Are You More Like A Project or Portfolio Manager?

Project Managers are like: A Music Conductor of a small ensemble - they coordinate with all the players to deliver a solid performance.

Portfolio Manager are like: An NFL Scout - Reviewing, finding and selecting the right mix of players to give the team a winning chance to make it to the Super Bowl.

Check out this training session to learn how.

PPM Training

What is your approach to your portfolio? Depending on your mindset, you may be more adept at certain management tasks over others.

The way a business owner approaches their options can make a tremendous difference in the long-term. Gerald Leonard describes two specific mindsets when it comes to pursuing the perfect structure for your business approach. He lists them as portfolio managers and project managers. Both of these roles can have different results, but ultimately it is through the union between the two that professionals are able to achieve the most. By understanding the differences in these two mindsets, anybody has the opportunity to succeed and achieve more.

 

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PofE 087: How To Use A Strategy Scoring Matrix

Whether you have a small or large business, you're making investments to develop new products or services to accomplish your goals and objectives. Learning to use the Strategy Scoring Matrix can help you determine where you should allocate your limited resources of time and money while generating the greatest return on your investments.

Overview of the Strategy Scoring Matrix


The Strategy Scoring Matrix is an easy-to-use tool for small or large businesses to score their projects and determine the value of investing limiting resources. The process helps to manage those limited resources. The matrix discussed here focuses on six items and can be adapted to fit your business.

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PofE086: 11 Most Common Workplace Culture Mistakes

Even in the best of circumstances, there are pitfalls and mistakes people and organizations make when attempting to develop a culture that works. In this video I'll discuss the top 11 common workplace culture mistakes that companies make when implementing a culture change in their organization.

To learn more, click here

 When running a business, you need to ensure your business culture fits your company's ideals. Be sure to avoid these 11 common workplace culture mistakes.

Workplace culture is a very important aspect when it comes to running a successful company. Your responsibility is to develop and establish the kind of culture that will best fit your business ideas. Don't let these common mistakes inhibit you from creating a thriving workplace culture.

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