Maximizing Business Value

𝗧𝗼𝗱𝗮𝘆, 𝗣𝗠𝗜 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝘁𝘂𝗱𝘆 𝘄𝗲’𝘃𝗲 𝗲𝘃𝗲𝗿 𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗲𝗱 - 𝗼𝗻 𝗮 𝘁𝗼𝗽𝗶𝗰 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝘁𝗼 𝗼𝘂𝗿 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻: 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗦𝘂𝗰𝗰𝗲𝘀𝘀. 📚 Read the report: https://lnkd.in/ekRmSj_h With this report, we are introducing a simple and scalable way to measure project success. A successful project is one that 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘀 𝘃𝗮𝗹𝘂𝗲 𝘄𝗼𝗿𝘁𝗵 𝘁𝗵𝗲 𝗲𝗳𝗳𝗼𝗿𝘁 𝗮𝗻𝗱 𝗲𝘅𝗽𝗲𝗻𝘀𝗲, as perceived by key stakeholders. This clearly represents a shift for our profession, where beyond execution excellence we also feel accountable for doing anything in our power to improve the impact of our work and the value it generates at large. The implications for project professionals can be summarized in a framework for delivering 𝗠𝗢𝗥𝗘 success: 📚𝗠anage Perceptions For a project to be considered successful, the key stakeholders - customers, executives, or others - must perceive that the project’s outcomes provide sufficient value relative to the perceived investment of resources. 📚𝗢wn Project Success beyond Project Management Success Project professionals need to take any opportunity to move beyond literal mandates and feel accountable for improving outcomes while minimizing waste. 📚𝗥elentlessly Reassess Project Parameters Project professionals need to recognize the reality of inevitable and ongoing change, and continuously, in collaboration with stakeholders, reassess the perception of value and adjust plans. 📚𝗘xpand Perspective All projects have impacts beyond just the scope of the project itself. Even if we do not control all parameters, we must consider the broader picture and how the project fits within the larger business, goals, or objectives of the enterprise, and ultimately, our world. I believe executives will be excited about this work. It highlights the value project professionals can bring to their organizations and clarifies the vital role they play in driving transformation, delivering business results, and positively impacting the world. The shift in mindset will encourage project professionals to consider the perceptions of all stakeholders- not just the c-suite, but also customers and communities. To deliver more successful projects, business leaders must create environments that empower project professionals. They need to involve them in defining - and continuously reassessing and challenging - project value. Leverage their expertise. Invest in their work. And hold them accountable for contributing to maximize the perception of project value at all phases of the project - beyond excellence in execution. 📚 Please read the report, reflect on its findings, and share it broadly. And comment! Project Management Institute #ProjectSuccess #PMI #Leadership #ProjectManagementToday

We are witnessing a significant uptick in consulting firms offshoring work execution to lower-cost locations and reducing non-revenue-generating roles to better manage utilization. In many cases, this strategy is transparently communicated to clients, with some firms even offering a choice between onshoring and offshoring solutions, available at a premium. With increasingly skilled talent in developing nations, backed by relevant education, consulting firms can strategically leverage higher-fee-earning environments in developed regions while benefiting from cost-effective delivery. This approach enables further investment in higher-quality Partners with more comprehensive client coverage on the ground, leading to enhanced profitability. The outcome is leaner, more efficient, revenue-generating teams operating close to clients, ensuring both cost management and high service quality are maintained, but potentially reducing the need for local entry-level staff and graduates.

Stop inviting clients to shop your offer around. Big branding client. Discovery call. They're excited. Then I show them 3 options. Not one. Three. "Why would you give us choices?" they ask. "Doesn't that complicate things?" Actually, it simplifies everything. Here's what 30 years of running two 7-figure businesses taught me about options: • Option 1: DIY (10% price) Digital course. Templates. Self-paced. For those who aren't ready to invest yet. Infinitely scalable. Zero touch from you. They get value. You get a customer. • Option 2: DWY - Done With You (x price) Finite deliverables. Some customization. You do the work together. Sweet spot for most buyers. • Option 3: DFY - Done For You (10x price) White glove. Bespoke. Custom everything. Training, coaching, custom software if needed. You handle it all. They write the check. The magic isn't in the options. It's in what happens next. When you present one option, they think: "Should I buy this or not?" Binary decision. Easy to say no. When you present three options, they think: "Which one should I buy?" The conversation shifts from IF to WHICH. Psychology 101: People hate missing out more than they love getting a deal. Give them one option? They'll shop around. Give them three? They'll shop your menu. Your 10% option captures future buyers. Your 10x option makes your middle option look reasonable. Your middle option? That's where 80% of sales happen. Price anchoring and why it works. But here's what most people miss: Each option must solve the same problem. Just at different levels of involvement. Not different services. Different depths of the same service. What three options could you offer today? Have you tried options in your offer? What happened? Drop a comment below and share your story. Small Business Builders #pricingstrategy #salesstrategy #businessgrowth

7 out of 10 of my projects start with fixing what most people ignore. This includes: - making copy easier to read - making images informational - making product name impactful Simple, but yet forgotten. In this post, using URturms example, I'll be sharing 11 underestimated changes that can increase your website sales. 1. Adding breadcrumbs. Important if you drive ad traffic to the PDP directly. They take shopper to the parent category page. Reducing bounce rate. 2. Adding a badge. Like "Bestseller", "Most Loved", "Few Left". This reassures the shopper that they're making the right decision. 3. Making images easier to swipe. Add a sneak peek of the next image along with navigation dots that show the count. Cap them at 8. 4. Making the product name impactful. Add key USPs. Show your current product name to 10 people. Do they understand what it is? 5. Add a short description below product name. Keep it in 1 line. Highlight it's most important feature here. 6. Consider adding an offer close to price. This motivates the shopper as they see some potential savings or benefit. 7. Highlight key product strengths in bullets or with icons. Avoid sentences. Keep this before the add to cart CTA. 8. Keep your add to cart CTA full width. Don't combine it with quantity or another CTA next to it. Make sure it's readable and prominent. 9. Highlighting shipping time or return policy below the CTA. This solves for common questions - when will I get it? can I return it? 10. Cross-selling complementary products. Like bottoms with tops. Earrings with necklace. Do this close to the add to cart CTA. 11. Adding 'Benefits' to your accordion. This gets a higher click through rate, while helping shoppers understand why they should buy this. Other UX/UI changes I did: - Removed quantity button - Made the information bar non-moving - Removed log-in, moving search next to cart - Changed the font for product name and CTA - Increased font size in places for better readability Found this useful? Let me know in the comments! P.S. If you want to maximize your PDP’s potential, start by understanding your visitor's behavior and the gaps. Get heat maps for your site (Microsoft Clarity is free). Observe what they like to (and don't like to) interact with.

Nobody cares that you launched a thing. A new website. A report. A newsletter. A campaign. Cool for you. But for the rest of us? Snooze. The announcement itself isn’t worth my attention. The value inside might be. So if you’re going to post “We’re thrilled to announce…” — stop right there. Instead: - Lead with the problem you’re tackling: “Too many families are being priced out of housing. Our new report shows where policy is failing.” - Share the juiciest insight or takeaway: “Did you know 1 in 4 students lack access to reliable internet? Here’s what schools can do now.” - Spell out who it's for and why they should care: “If you run community programs, this toolkit has 5 plug-and-play templates for you.” - THEN drop the link Your launch isn’t the story. The value inside is the story.