Did you know? Executives lack visibility into organization and performance is at stake
Executional excellence is suffering with a lack of visibility into enterprise operations and initiatives. And, it’s not just the everyday user that’s struggling to see corporate initiatives. Without a real-time view of portfolios and projects, executives can’t easily determine if initiatives are supporting the business’s larger strategic roadmap or forcing a detour.
Today, as the pressure to deliver faster results continues to rise, PMOs are struggling to manage demand, resources, and strategic objectives—especially if management comes in the form of spreadsheets, disconnected systems, and/or manual processes. Without an integrated platform, it’s impossible to get a real-time look at what’s going on.
At least, that’s what the insights from Changepoint’s latest survey makes clear. We surveyed more than 200 qualified senior project managers and executives at a series of PMO-specific events, and the findings corroborate the disconnect between strategy and execution. What’s more? It highlights how a lack of visibility and alignment impacts the success of PMOs—disrupting operations and sacrificing order for chaos.
80% of executives have no real-time insights into how projects are aligned with business strategy
It is the executive team’s job to create the strategic roadmap—outlining where the company should go—and yet, many are lacking the basic ability to see if the initiatives underway support the overarching goals of the company. Without that high-level, real-time view, making course corrections is nearly impossible—making it harder to stop failure before it’s too late.
76% of project managers question if their execution is aligned to larger business objectives with 17% confident it isn’t aligned at all
Project managers are the backbone of programs and projects. It’s their job to keep a project on track, anticipate issues, or course correct if needed. All that said, if nearly 20% are confident that project execution isn’t aligned with the larger initiatives they’re supposed to be supporting, then it becomes impossible to move the team in the same direction as the company. The result veers the company from reaching the goals initially outlined in the strategic roadmap by the executive team.
More than half of respondents still rely on spreadsheets
Spreadsheets and manual processes won’t cut it anymore. Business objectives are big, projects are initiated at a faster rate, expected to be delivered even faster, and there are too many people involved to relegate data to that of a static spreadsheet. With most companies facing digital transformations and enterprise-wide rewrites of technology, it’s impossible to manage those transitions within a spreadsheet—or many spreadsheets at that.