Episode 450: 7 Challenges of a Project Business (Premium)
Premium This episode is reserved for subscribers of the Premium Podcast. Click here and learn about the Premium Podcast to access this interview and transcript... Matt Mong and Henrik Lerkenfeld Matt Mong and Henrik Lerkenfeld of Adeaca are back on the program today to discuss project business from the corporate perspective. As a reminder, if your company’s products and services are delivered to your clients through projects, then your company is a project business. If we compare this to another industry, then a company that sells consumer goods is a retail business. In this premium interview, we are going to be discussing the 7 challenges of a project business: Acceptance of Status Quo Failing to identify as a Project Business Optimization of Project Management silos has maxed out Inadequate communication among key stakeholders or “Lack of stakeholder collaboration” Lack of governance/Lack a structured, standardized system of organizing their data Lack of automation Lack of real-time insight