Organizations are playing ‘whack a mole’ with projects and initiatives. No sooner do they scrap one project, but another appears. Thus, while consolidation has been widespread, its impact has been limited.
For some it will save millions, but for others it will cost millions. It is one of the biggest trends at this time – the consolidation of projects and initiatives. As a leader, the level of sophistication you apply to the task will make all the difference.
In 2022, ‘Disciplined Prioritization’ emerged as an essential part of the senior leader's strategy toolkit. In 2022, it was key to managing scarce resources consolidation & efficiency drives & adapting to changing business & market needs.