On May 24, in collaboration with our new partner, Duke Corporate Education, we hosted a webinar titled “Adaptive Strategic Execution for a Complex World.” During the event, Strategy Execution’s Vice President of Product Management, Jonathan Gilbert and Duke Corporate Education’s Global Head of Strategic Leadership Solutions, Tony O’Driscoll highlighted eight critical leadership challenges and explained how leaders of project-based work need to be more responsive, resilient, and adaptive to overcome them.
The Rise of Project-Based Work and the Challenges of Complexity
Gilbert and O’Driscoll explain that while there is a growing body of evidence that project-based work activity is pervasive, the bad news is that many CEOs don’t feel equipped to handle the business complexity within which these projects operate. As a result, 44% of strategic initiatives have not been successfully implemented in the last three years.1
In the past, the business environment was more static. Strategies were fixed, work was clearly defined, and people operated within a traditional hierarchy. In today’s complex world, however, the boundaries of the enterprise are more porous. Strategy constantly needs to be revisited, work needs to reconfigure to align with the changing strategy, and leaders must provide people autonomy and purpose within diverse and distributed teams.
Equipping Leaders to Address the Strategy Execution Gap
To address these new challenges, organizations must embrace a shift in their organizational planning and execution processes to improve their overall adaptability. In order to respond to complexity, project leaders need to become familiar with their role within the adaptive strategic execution framework and how they can influence the strategy, work, and people that drive project success.
Adaptive leaders must use their skills and intuition to navigate the framework and know which domain to focus their attention on to keep things moving. At the same time, organizations need to adapt a design thinking mindset not only for products, but as a leadership approach. Design thinking allows leaders to choreograph a dance in a complex ecosystem; it promotes a nimble and adaptive process to getting work done.
Watch the webinar recording to learn more about the critical leadership challenges confronting project leaders and how the Adaptive Strategic Execution Program provides a framework to overcome them.
TwentyEighty Strategy Execution is a global leader in project-focused training, enabling people to close the strategy execution gap and drive higher performance by strengthening relational and technical skills. By combining the best of cutting-edge university research and proven business techniques, we deliver training designed to increase alignment and engagement across teams, business units, or the entire enterprise. Learn more today at strategyex.com. Join the conversation on LinkedIn, Twitter and Facebook.
1Source: Why Good Strategies Fail. EIU. 2013
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