Download mission critical8/22/2023 ![]() Renowned project management expert Antonio Nieto-Rodriguez, who headlined the New York event, describes this trend as “The Project Economy.” Move Over Strategy: Why Project Execution Has Taken Center Stage These findings provide relevant guidance at a time when the driving force for today’s business is steadily shifting from operating more efficiently to executing transformation more effectively. 77% of respondents believe they would have a big competitive advantage if their project leaders were highly effective.Companies that have mastered hybrid and organizationally diverse project work say they have gained a competitive advantage.By 2024, companies in the survey predict they will have a nearly equal number of employees and outsiders on their critical project teams (52% employees vs 48% outsiders).“But if you get them right, they’re also the greatest competitive advantages.” “The biggest challenges by far reported today are managing the hybrid team with both remote and office workers and managing organizationally diverse teams,” Kate said. independent contractors correlates with greater project success. Working with talent from consulting and staffing organizations vs.Strong project leadership, hybrid team management and great collaboration tools are critical to project success. ![]() Excellent project managers create an organizational competitive advantage.Organizationally diverse teams are on the rise, and they’re the second largest factor increasing project difficulty.1 factor increasing project execution difficulty. However, companies embracing a more enlightened approach to project leadership-one that values strong project leaders, capitalizes on talent outside their four walls and applies new and emerging collaboration tools-can deliver meaningful business gains. Our study found that only about one in six companies had mission-critical projects consistently achieve their key goals. And it increases the size of project portfolios.” Top Challenges Center on Hybrid, Organizationally Diverse Teams That puts a lot of pressure on project leaders. “We’ve crammed change projects into three years that otherwise may have taken a decade. “To withstand the crippling effects of COVID-19, companies around the world had to accelerate the already rapid digitization of their businesses,” said RGP Kate Duchene at an executive panel discussion in New York City where she shared a preview of the findings. These questions are the focus of RGP’s latest research 1, released in January 2023. Supply Chain and Manufacturing – When the world changes, your supply chain changes with it.Professional Search – Placing the right people at the right time to grow your business.With our deep expertise in information management, we help you identify new ways to increase efficiency, improve productivity and maintain a competitive edge. Technology and Digital – Information technology can drive value into every aspect of an organization, from enterprise operations and customer relations to strategic planning and execution.Risk and Compliance – Risk management and compliance are not obstacles to business goals-they are the foundation of agile operations.They should provide business leaders with insights that can shape the strategic direction of an organization and inform critical decisions. Finance and Accounting – We believe that financial solutions should do more than provide sound business data and ensure compliance.Business Transformation – Building human connections that catalyze business change.
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