Case Study 1: Prioritizing Projects at D. D. Williamson

Case Study 1: Prioritizing Projects at D. D. Williamson Name: Institution: Course Title: Course Code: Instructor’s Name: Date Due: Case Study 1: Prioritizing Projects at D. D. Williamson D.D. Williamson, a re-known business dealer in artificial colors, embarked on a mission to make his business profitable and grow within a five-year period. In this endeavor, he acknowledged the need to employ project a management strategy in realizing this mission. He ventured on a prioritization matrix process where he chose sixteen essential projects in his organization, which were approved by the senior management. In addition, he also selected less than five projects, which he envisioned has having a greater impact with regard to continuous improvement in the organization. He focused on channeling more resources and time in these projects. The prioritizing process that was initiated by D.D. Williamson seemed to be ineffective at first. Once he realized the inefficiency of this system and his involvement in its failure, he sat down and rethought on how to restructure the process so as to become more effective. Williamson and company articulate that, they took more than three years for their prioritizing project to materialize. This was basically realized after they took a different approach to the initiated process (Kloppenborg, Nkomo, Fottler, McAfee, 2012). Despite the fact that they took more than three years without realizing positive results, William and company were able to realize the errors they had made and rectify them. Their action in restructuring the prioritizing process was what influenced the positive results. This can be a lesion for us that not all projects may be successful upon conception, hence we should also be prepared for the negative aspect of the same projects. The important aspect is to analyze the problems and errors that may have caused the same. This will help us in designing better strategies, which will assist us in achieving positive resul...