Professor Te Wu’s upcoming 3 presentations provide 3 distinctive angles examining this problem and offering sound advice and best practice solutions for individuals and organizations to achieve stronger execution.
Cedar Grove, NJ (PRWEB) August 29, 2016
To compete successfully in the ever more competitive marketplace, organizations must develop the right strategies and execute them well. Yet, the failure rate of strategy execution is dismally high. The reasons are many, and Professor Te Wu’s upcoming three presentations provide three distinctive angles examining this problem and offering sound advice and best practice solutions for individuals and organizations to achieve stronger execution.
On September 16th, 2016, Professor Wu will be presenting at the 12th Annual PMI Tampa Bay Symposium. The title of the presentation “Achieving Execution Excellence with Strategic Business Execution” highlights the latest research, a working framework, and recommended processes and solutions for organizations to achieve sustainable execution excellence. If time permits, participants can also complete a quick exercise to determine their organization’s Execution Index.
At the PMI Silicon Valley symposium starting on October 3rd, 2016, he turns his attention on one of the least effectively practiced knowledge areas of the Project Management Body of Knowledge (PMBOK®) – Risk Management. In a presentation entitled, “Think Slow and Act Fast – A New Way of Thinking about Risk Management in Times of Turbulence and Uncertainty”, he proposes, perhaps counter intuitively, that organizations and project professionals should consider slowing down as they confront challenging and risky situations. Adopting and applying from a variety of research ranging from Professor Daniel Kahneman’s latest book to best practices in project portfolio management, Professor Wu proposes a different and better way to think about risk – think slow and act fast – especially when stakes and the number of stakeholders are high.
Confronting the reality of ever more complex conditions, effective group decision making is imperative. In the third presentation presented at the PMI Chicagoland’s Sixth Annual PM Symposium, he will discuss how organizations and teams can achieve sound decisions by using analytical hierarchy processing (AHP), an important group decision making technique for organizing and analyzing multi-criteria decisions. In addition to explaining the theories, he will share some of the best practices and his experiences in the implementation of AHP in a case study at a financial services company in the establishment of portfolio management.
“The common thread across these presentations and across my life’s work is the need for action. Ideas are empowering, and the right planning can greatly enhance an organization’s ability to achieve success,” stated Professor Te Wu, CEO of PMO Advisory and an Assistant Professor at Montclair State University. “But without strong and sustainable execution, even the best ideas are just plans collecting dust. That’s why my focus is honed in on not only strategy and planning, but also on bringing them to fruition. Results and success do not occur by accident. They require diligence and hard work, through careful planning and thoughtful execution. I hope these presentations will help project professionals to improve their execution abilities and attain tangible and lasting value for them and their organizations.”
About the respective organizations:
The Project Management Institute of Tampa Bay (PMITB) is a not-for-profit professional organization dedicated to advancing state-of-the-art practices in project management. PMI fosters professionalism in Project Management and provides a forum for the exchange of project management problems, solutions and applications. With over 1,500 active members there is ample opportunity to network with other Project Management Professionals and gain further valuable educational opportunities in Project Management.
The PMI Chicagoland is composed of approximately 4,000+ members and serves a large geographic area in the Chicago metropolitan area including Northern Illinois and Northern Indiana. They offer many opportunities to share project experiences, effective project management techniques and tools, and valuable lessons learned, among the many benefits -- and to network with peers and keep current on best practices in project management.
PMI-Silicon Valley (PMI-SV) is a member-based and member-run professional association of practicing project and program managers; operating around the southern end of the San Francisco Bay, since 1997. They currently have 2,300+ members, employed by every major Silicon Valley business. They provide practitioner-based educational seminars and workshops, opportunities for peer networking and sharing, and PM-based community outreach activities. The Silicon Valley Chapter is a regional component of the Project Management Institute (PMI); a resource for all aspects of project management leadership and information.
PMO Advisory is one of the most comprehensive project management consulting and training firms in the world offering certification training in Portfolio (PfMP), Program (PgMP), Project (PMP and CAPM), Risk (PMI-RMP), Agile (PMI-ACP, SCRUM), Service Management (ITIL series), and Project Management Office (PMO) training. As a PMI Global R.E.P., the firm pioneered the portfolio management certification bootcamp for PfMP and developed some of the largest practice tests for portfolio and program management. Founded by Professor Te Wu (PfMP, PgMP, PMP and PMI-RMP) in 2012, the firm continually seeks to innovate, for example with the latest series in Business Execution courses. Professor Wu is also an Assistant Professor at Montclair State University, the second largest university in New Jersey and serves on PMI’s Core Committee for Portfolio Management creating the next edition of the Standard for Portfolio Management.