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Hollywood Secrets of Project Management Success by James Persse

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Project Management as an Operational Asset

C-level management—CEO, CIO, CFO—loves stability. It’s usually an indicator that everything’s going as planned, and in the sense that "going" means up, not down. Employees like stability, too. Studies have shown that retention rates are higher in stable companies than they are in companies going through periods of dynamic challenge or change. Catharsis can be fun, but not every day. Employees prefer to wake up to work days that promise as little chaos as possible. And there’s another party that loves stability: Wall Street. Financial analysts and investment professionals evaluate companies in part on the basis of their operational stability. To them, stability signals that management has a firm handle ...

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