It’s been a busy year for us so far. With the pandemic hopefully in the rear view mirror, many organizations are starting to ask themselves, do we have the right plan? What will it take to execute our plan? How can we execute the plan given the lack of talent in the market?
Given this new reality, we’ve been doubling down on strategy execution. Not only is it our unique advantage on the market, it’s also a fundamental challenge all companies face.
We continue to invest in our software platform with an important update in the past quarter. For this release, our focus was on improving the strategy execution workflow, giving our customers more chances to personalize their experience and get an in-depth understanding of the platform.
Our focus for the next quarter is diving deeper into how we quantify the workload for executing a strategy. The challenge we faced from customers is that the agile methodology can be imprecise. Given that these items are strategic in nature, they contain a high degree of uncertainty and thus are upstream from OKRs for instance.
Agile is used in order to break down a strategic objective into backlogs, each item is ranked using the fibonacci sequence. A score of 13 on a backlog item might not reflect the actual workload required to complete an item. This makes it difficult to plan resources ahead of time, especially for a busy executive. We are exploring how to expand the score to more accurately reflect workload and adjust the execution plan accordingly.
Our most popular content
Our most downloaded podcasts from the past quarter:
Genevieve Guay, CEO @ DentsuX and President, Dentsu Quebec. Genevieve is an experienced Managing Director with a demonstrated history of working in the marketing and advertising industry. Skilled in Digital Strategy, Mobile Advertising, Real-Time Bidding (RTB), Advertising, and Integrated Marketing. Strong business development professional with a BAA focused in Marketing from Université de Montréal – HEC Montréal.
Lucas Martínez is the co-founder and co-CEO of Talent.com, a job search platform that aims to connect the world to work. The son of Spanish immigrants living in Switzerland, Martínez had the travel bug early in life and was always eager to experience new cultures, people, and places. Before founding Talent.com, Martínez worked as an ERP consultant as well as in Software Sales in North America, Europe, APAC and the Middle East. During his graduate studies in Geneva, he met his fellow co-founder Maxime Droux, who was already friends with their third partner, Benjamin Philion. Martínez then moved to Montreal in 2011 to start the company with his partners and spent the next ten years growing the business from a small start-up to the global $150M enterprise it is today. Martínez now lives in Barcelona with his wife and three children
Adrian is a serial technology entrepreneur currently working on his 3rd technology start-up, AlayaCare. Having sold his mobile enterprise software last start-up, Vortex Connect, in 2012 he spent two years engaged as VP Innovation at the acquirer, JDA Software. Adrian is also an active Angel Investor and is a member of Maple Leaf Angels and Anges Quebec. Most recently he led an investment in TrackTik. In 2013 he led an investment round in Chipcare Corporation, a biotech spin out of the University of Toronto where he is currently the Chairman of the Board. Prior to spinning Vortex Connect out as an independent company, Adrian had co-founded the market leading mobile marketing company Vortex Mobile where he was in charge of product strategy. Vortex Mobile was recognized for 2 consecutive years as one of Canada’s 50 Fastest growing companies by Profit Magazine and was acquired by Transcontinental in 2010.
Our favorite articles:
Strategy, Disruption & You Roger Martin
Roger Martin delivers another amazing insight about strategy. Many people wrongfully assume that strategy is about planning. In the face of a rapidly changing environment, strategy does not go away. It in fact becomes more important.
10 Lessons from Great Businesses The Generalist
Mario Gabriele from The Generalist shares some great lessons from ten companies. These are great to keep in mind as you’re thinking about your company’s strategic priorities.
Shopify’s Evolution Ben Thompson
In his usual style, Ben Thompson provides an excellent update on Shopify. The company is set to increase its investments in building out its fulfillment infrastructure. Ben spots another huge opportunity, an advertising network.
We hope that you have a great summer!
The PNR Team