Strategic project mgmt worth $1.3bn

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For construction contractors like Fluor Corp running major projects well is of strategic importance. So good to hear they saved over $1.3 in less than 3 years with intensive use of system dynamics by their project managers. The leaders of this transforming effort, Greg Lee and Ken Cooper, have been justly awarded for their success.  

It was not at all trivial to get these benefits – heavy input by their project mgmt experts, detailed modeling of how  projects actually work and ...

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Strategy in health-care

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I see Booz Allen organised a Diabetes Thought Leader Roundtable Discussion, bringing together diverse groups to discuss this major healthcare challenge. Strategy for such societal issues is especially challenging vs. corporate cases precisely because of the multiple actors and agencies involved. An integrated model of how these all interact is essential if effective, coordinated policy is to be achieved …

… which is exactly what my friends Drew Jones and Jack Homer have done with Joyce Essien of ...

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Strategy – a troubled discipline

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Managers may not know or care, but this really matters. I’ve argued for professional strategic management before [search the archive], but if there’s a crisis in the discipline itself, there’s little chance of ever achieving that aim. Be clear – the academic topic of strategy is in real crisis. Students don’t like the courses, recruiters don’t value what they learn, executives don’t use its tools, and academics don’t want to be part of the field. A recent academic ...

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