Welcome to Lexacam

Lexacam is dedicated to enabling organisations to deliver their strategic objectives by ensuring they are able to assess, select and deliver the right project investments, in the right way with the right resources at the right time.

This site provides a guide to our thinking on the subject plus references or commentary on articles, books and other organisations (see: Resources). While we don’t pretend that the coverage here is exhaustive, we hope that you will find some bit of thinking that you have not seen elsewhere. Likewise, if you are aware of interesting articles, books or sites that have something interesting to say on the subject, please let us know.

Whether covered under the heading of corporate investment management, corporate portfolio management, project portfolio management, enterprise programme / project management, business change, change agenda or simply portfolio management, if it relates to linking strategy to project investments, we have endeavoured to cover it.
David Seward – September 2009

Linking Strategy to Project Investments

Why should you care about linking organisational strategy to your project investments? Quite simply because if you are the chief executive, managing director or leader of an organisation, your job probably depends on it!

In 1999, Fortune magazine (see: “Why CEOs Fail" by Ram Charan) stated that 70% of CEOs are fired not because they had the wrong strategy but because they did not execute. A Google search on “Why CEOs Fail” will bring countless references which make the same point. A recent article suggested something like 40% of CEOs fail within 18 months.

Ultimately, execution is about two things: operating the existing business and changing the business.   Changing the business invariable means the delivery of project investments.

Successfully linking your strategic objectives to your project investments and enabling your organisation to assess, select and deliver the right project investments depends on the right answer to 8 questions..
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Interesting reported facts

• 75% of top performing organisations review their project investment portfolio at least quarterly, whereas 64% of other organisations review their project investment portfolio at most quarterly.
• Top performing organisations fund 50% of project investment proposals compared to other organisations, BUT complete a significantly higher percentage of the projects investments they fund.
• 75% of top performing organisations have a relatively mature portfolio management process, whereas 68% of other organisations have at best a minimal process.
• Top performing organisations are 3x more likely to use “toll gates” in their project investment process.

Outcomes Delivered

Fine words about linking strategy to project investments and helping you to assess, select and deliver the right project investments are all very well. If you are trying to do something about it, only one thing matters: delivering the outcomes that you require for success. So whatever is required, that is our focus.