Oftentimes, leaders face the difficult challenge of finding the balance between innovation and efficiency: on one side lies an irresistible urge to “think outside the box”, breaking free of conventional thinking to uncover groundbreaking solutions; on the other, “thinking inside the box” involves optimizing existing systems while increasing resources. Ultimately, reaching operational excellence requires mastering both approaches equally well.
Managing disconnected projects within organizations is like treading through an endless maze, riddled with operational and financial risks. We can avoid this danger zone through strategic planning, cross-functional collaboration, and effective project and program management. Leaders should recognize the significance of aligning all initiatives with an appropriate strategic vision – setting themselves up for operational efficiency and long-term success.