In a recent Forbes article, PMI CEO Mark Langley talked about why employees don’t always do what their CEOs tell them to do on major projects. Mr. Langley said there are three major factors that cause company leadership and other employees to not follow the CEO’s strategic lead:

  1. CEOs are busy and once the direction is given, they are often off to the next situation.
  2. Implementing strategy is difficult.
  3. Governance is not in place to fulfill the CEO’s direction.

The top one-eighth of organizations, with success rates of more than 80 per cent in reaching their objectives within budget and being on schedule, risk only $20 million per $1 billion of projects budget being wasted, that is compared to $280 million that is at risk for the bottom layer of performers.

To ensure that your organization has the best performance on all their projects and objectives, contact MS Project Now today.

 

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