Project Management Model Positioned for Business Success

Lowe's adapts its project management model and tests it as a customer experience differentiator, to position the company for success as the business cycle evolves. ...

... "One of the ways we are doing that is by testing a centralized project management model that will enable Lowe's to capture an increased share of project revenue while providing an experience that will differentiate Lowe's. We will provide more details as this test continues but we are optimistic these changes will position us very well for the eventual increase in project demand when economic conditions improve. " ...

Via Seeking Alpha: Lowe's Earnings Call

Increase, Decrease, or Shift Investments in Projects

Companies with healthy balance sheets are positioned to make strategic investments during a downturn to threaten competitors and emerge from the business cycle in a much stronger market position. Can you raise the capital to invest or shift in-flight investments using a severe portfolio review? Now may be the time to invest. ...

... "Although now is the time to take a close look at your IT projects, an economic downturn can be exactly when IT investment should take place. " ...

Via Accounting Web: IT Strategy and Recessionary Actions