ARLINGTON, Va.--(ESI International, the world's leading project management training company, today announced the release of a report titled, “Powerless: Why Businesses Can’t Execute.” The report explains how the gap between strategy and execution continues to widen due to constrained resources, demographic shifts and regulatory expansion, as well as offers guidance on how to best focus resources for maximized business performance.)--
“Experience cannot be replaced, but it can be leveraged when an organization commits to a culture of execution”
“As a growing portion of the workforce approach retirement age, many companies are now coming face-to-face with the reality that a substantial amount of institutional knowledge may be preparing to walk out the door,” said Mark Bashrum, ESI’s Vice President and author of the report. “Experience cannot be replaced, but it can be leveraged when an organization commits to a culture of execution,” said Bashrum.
The report shares best practices on how to focus organizational capabilities on those people who shoulder the bulk of responsibility for converting strategy to execution. The report features a study of over 5,500 project professionals and shows a direct correlation between learning effectiveness and project performance. It asserts that developing the capabilities of those teams responsible for building enabling systems, developing new products, and launching new markets offers the highest rate of return on human capital development dollars.
About ESI International
ESI, a subsidiary of Informa plc (LSE:INF), is a global project-focused training company, helping people around the world improve the way they manage projects, contracts, requirements and vendors through innovative training in project management, business analysis and contract management. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.