Recommended Book
“How Big Things Get Done” by Bent Flyvbjerg delves into the complexities of executing large-scale projects, from infrastructure to technology and beyond. Flyvbjerg, a leading expert in project management, explores why so many ambitious projects fail to meet their goals—whether in terms of time, budget, or quality—and what can be done to increase their chances of success. Drawing on a wealth of case studies, the book highlights the importance of careful planning, risk management, and adaptive strategies. Flyvbjerg argues that understanding the principles of “megaprojects” is crucial for anyone looking to navigate and succeed in executing grand ventures.
Recommended Podcast
Why Project-Based Work Fails — and How to Get It Right
In a recent episode of HBR On Strategy, Antonio Nieto-Rodriguez discusses the high failure rate of project-based work, noting that nearly two-thirds of projects fail globally. He attributes some of this failure to executives who lack a fundamental understanding of project management and do not dedicate sufficient time to their projects. Nieto-Rodriguez offers insights on improving project outcomes by effectively framing projects, structuring organizations around them, and avoiding common pitfalls. Key topics include strategy, project management, operations strategy, and organizational change. The episode aims to provide actionable advice to enhance project success.
In 35 minutes we can take you through key aspects of the pitstop analysis, applying a selection of its powerful frameworks and tools to provide new insights on the performance and potential if your project or initiative.
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