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Vol. XI Issue VI - June 2009
Project Management eJournal
VIEWPOINT
Strategy for Survival
By James Butler
As businesses continue to tighten their belts, now is the time to focus on the future. Here I would like to suggest a three-step strategy for survival.
Many organisations have embarked on wild cost cutting programmes to counter the threat of the current financial crisis.
But unless these measures are carefully planned they will at best limit their readiness for the upturn and at worst jeopardise the very survival for which they strive.
There are three key steps to survival that could help get through the recession and to be fit and ready to take advantage of the upturn – when it comes!
Change the rhetoric
Choose the right investments and the right cost cutting measures
Excel at execution
These actions are aimed at changing the mental attitude from a negative to a positive position, choosing the most effective investments to implement the company’s strategy and delivering this strategy as efficiently and effectively as possible.
Read Complete Viewpoints Paper >>
About the Author
James Butler is a Senior PPM Consultant with Program Framework, working with clients to implement Portfolio, Programme and Project control solutions James is an experienced project and programme manager with degrees in computer science and business administration; he has particular interests in organisational strategy, and change management. |
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