Project Management

Secret Formula

linkedin twitter facebook Request to reuse this   Decision Making   Leadership   Portfolio Management   Stakeholder Management   Strategy   ProjectsAtWork  

There is no secret formula to project success, but the infamous flop of The Coca-Cola Company’s 1985 introduction of the “new Coke” offers a timeless case study in misunderstanding the end-user. It’s a lesson that project managers, product development teams and portfolio directors should all keep in mind as they balance expectations, risks and strategic goals. [4:40]

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"Nothing defines humans better than their willingness to do irrational things in the pursuit of phenomenally unlikely payoffs."

- Scott Adams

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