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IN Practice

Author: Loay Dirar

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"IN Practice" is a podcast that combines practical management concepts, best practices, and advice from the business world to help you become better at analyzing issues, seizing opportunities, mastering decision-making and delivering change. The host, Loay Dirar is a seasoned professional who specializes in educating, writing, and providing advisory services related to strategy development, implementation, change management, and risk management. He focuses on assisting major regional organizations in the Middle East and North Africa.
32 Episodes
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In this episode of "IN Practice Podcast" we will be exploring ten of the most famous mergers and acquisitions that made an impact on the business world. Each one of the M&A deals had different reasons behind it, but all were done with an aim towards gaining market share or creating a powerful new brand out of the two existing entities, showing us just how powerful these deals can be when they are done right.
In this episode of "IN Practice Podcast" we will learn that mergers and acquisitions (M&A) transactions involve a complex lifecycle of steps, from the initial identification of potential targets to post-closing integration. We will also explore the key milestones involved in the M&A lifecycle including the pre-deal planning and preparation, due diligence, signing of the definitive documents, and closing. Each step is integral to a successful transaction and plays an important role in the long-term success of the newly merged entity.
In this episode of "IN Practice Podcast" we will discuss how companies are constantly seeking ways to gain a competitive advantage in today's globalized economy. One theory that has gained popularity is Michael Porter's competitive advantage of nations, also known as the diamond framework. The diamond framework identifies four key factors contributing to a nation's competitive advantage: factor conditions; related and supporting industries; firm strategy; structure and rivalry; and demand conditions. These factors work together to create an environment that fosters innovation, productivity, and competitiveness.
In this episode of "IN Practice Podcast" we will discuss how trust is an important factor in any business partnership. We will also learn that even in partnerships based on equal trust, there is always a risk of unexpected events, such as a competitor's hostile takeover of one partner, which will potentially expose any confidential information or competitive advantages shared between the parties during the alliance to the competitor.
In this episode of "IN Practice Podcast" we will discuss how the CEO's role and philosophy often drive the strategy development process. We will also cover the critical part of the CEO's strategic thinking in bringing their unique perspectives to set the strategic scene for the organization.
In this episode of "IN Practice Podcast" we will talk about the benefits of using the value chain in assessing the strength of linkages in partnership deals and how it can help create synergies and increase efficiency in your supply chain, giving you a good indicator whether or not a partnership will be beneficial for your business or not.
In this episode of "IN Practice Podcast" we will talk about the benefits of customizing and tailoring a project management methodology. We will also understand that there are no one-size-fits-all project management methodologies. Every organization has its own unique needs and culture, which means that the methodology that works for one company may not be appropriate for another.
In this episode of "IN Practice Podcast" we will discuss the role of corporate governance when it comes to setting the strategy of an organization and how corporate governance plays an essential role in ensuring that the decisions made are in line with the corporate objectives and the interests of stakeholders.
In this episode of "IN Practice Podcast" we will talk about the similarities and differences between project governance and corporate governance and what are the key differences between them. We will also discover that both governance structures are designed to ensure that the organization is run effectively and efficiently, but project governance is focused explicitly on projects, whereas corporate governance is more broadly focused on the organization as a whole.
In this episode of "IN Practice Podcast" we will discuss the benefits gained from using multi-criteria analysis and how it can help project managers and decision-makers make better decisions with regard to investing in projects. Investing in projects is never a sure thing, but using multi-criteria analysis can help reduce the risk associated with each decision by providing a comprehensive view of the potential outcomes. With this method, organizations can confidently choose projects that will bring in the most benefits while reducing the risk of any problems along the way.
In this episode of "IN Practice Podcast" we will explore the horizon scanning tool, which is a systematic examination of information to identify potential threats, risks, and emerging issues. We will also learn that by analyzing trusted sources of information, horizon scanning helps identify emerging developments and trends that helps organizations create strategies that are proactive rather than reactive.
In this episode of "IN Practice Podcast" we will talk about why a PMO can be a valuable resource for any company but can be especially beneficial for larger, more mature organizations.  We will also discuss how a virtual PMO can provide the same services as a traditional PMO, but it has some advantages over a physical PMO.
n this episode of "IN Practice Podcast" we will discuss the benefits of using a hybrid project management method and will also provide examples of how to implement one. We will also talk about the PRINCE2 Agile as a hybrid project management approach that can help ensure that projects are delivered on time and within budget while maintaining the flexibility to respond to changing needs and requirements.
In this episode of "IN Practice Podcast" we will address the topic of strategic pivoting and why it's useful for businesses to pivot their direction to stay ahead of the competition. Then we will go over why companies should consider strategic pivoting such as changes in products, markets and business models.
In this episode of "IN Practice Podcast" we will talk about Strategic Drift and its negative impacts on degrading the company’s strategy over time without direct intervention. We will also cover the reasons why strategic drift can be a major problem for organizations and may result in the loss of strategic focus and direction, market share, and competitiveness. Then we will go over the three steps you can take to avoid strategic drift in your company.
In this episode of "IN Practice Podcast" we will talk about the role of Enterprise Risk Management in Strategic Implementation. Then we will go over the benefits of implementing an Enterprise Risk Management System inside your organization and how it could help to improve the decision-making process, financial performance, strategic implementation and market reputation. This episode was created based on expert views and insights on the latest trends and practices to adopt and establish enterprise risk management functions at a large-scale organization with Osama Nasir, an expert in risk management in the public sector at the UAE government.
In this episode of "IN Practice Podcast" we will address the dynamic nature of the investment case and how it can help ensure that decisions are made consistently and logically. It can also be used to help secure funding for new initiatives. We will also explore other features of a good investment case that can help improve communication regarding the proposed spending. This episode was created based on expert opinions, inputs, and insights on the most recent trends and best practices in developing investment cases for the public and private sectors, shared by Wadah Abusin, a venture capital and corporate finance expert in leading and building businesses in the United Kingdom and the United Arab Emirates.
In this episode of "IN Practice Podcast" we will talk about the benefits of establishing a portfolio office and how it supports your organization in better assessing its investments, overseeing the progress of the delivery of its change initiatives and ensuring effective allocation of resources. This episode was created based on expert opinions, inputs, and insights on the most recent trends and best practices in building and running Project Portfolio Offices, shared by Waleed Abdelmajeed, a Strategy and PPM expert in the telecommunications sector in the MENA region.
In this episode of "IN Practice Podcast" we will address the factors that can be caused by organizational complacency, such as a lack of innovation, a failure to adapt to changing market conditions, or a lack of motivation among employees. We will also list some actions that can be taken to overcome complacency and help companies stay competitive.
In this episode of "IN Practice Podcast" we will talk about how your organization can reach its future state by designing a transformational program management that will help ensure that your organization's transformational initiatives are delivered in a more systematic and coordinated way.
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