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Project Management as a Strategic Competency - Knowledge ...

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The Modern Organization<br />

Almost without limit<br />

— but there w<strong>as</strong> a price.<br />

• Decision authority w<strong>as</strong> too far from execution<br />

• Responsibility w<strong>as</strong> diffused<br />

• Communications were stretched thin<br />

• “Silo” organizations found it hard to execute what w<strong>as</strong> new:<br />

– Developing new products or technologies<br />

– Implementing new business processes<br />

– Seizing new market opportunities<br />

– Carrying out strategic change<br />

• Just starting a project and <strong>as</strong>signing one of many managers to<br />

it rarely leads to effective project management<br />

• <strong>Project</strong> management is a unique discipline of its own

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