Bridging the chasm

Think about it. When was the last time an organization created a game-changing product, launched in a new market or threw out the old way for a new way? Yet, when it comes to project management practices, organizations don't always make that connection. This article highlights some of the key findings from PMI's 2014 Pulse of the profession® report. It discusses how projects, including those focused on an organization's highest priorities--its strategic initiatives--are suffering, noting that 44 percent of strategic initiatives are unsuccessful and a staggering 58 percent of projects are not highly aligned to organizational strategy. It also summarizes the three areas organizations must focus on to remain competitive: (1) people, (2) processes, and (3) outcomes. Specifically, organizations must focus on the development of their talent and managing their people through rapid organizational changes that stem from new strategic initiatives. The article also explains how the strategic focus on people isn't limite
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