Market Lift Sandbagging (Part 1)

  Governance  

We've all seen it at work: talent being unrecognized, skills being underutilized, resources burning out just to meet deadlines that were poorly estimated and understaffed to being with. I know many who have felt this away yet think, "Heck, in today's market landscape, I feel lucky to have a job…I'll hang in there a little while longer, continue to do the superior job I've been doing, and when the market lifts, I'll split." That's what "market lift sandbagging" is all about.

Effective project managers understand that it takes more than managing a schedule, filling out status reports and implementing risk plans to successfully execute a project. If you think about the past week of activities, you would probably say that most of your time went to human resource management in one form or another. Even so, HR management is often overlooked as a priority among the various tools and project procedures required for most projects. However, in this market one of the hardest things for us is to retain superior project staff--whether in a matrixed or dotted-line environment--and so I give you a two-part series of 10 tips for keeping a superior project staff. This first part focuses on the inter-team dynamics. The second and final part will focus on external dynamics.

1. Learn about what makes each member of your team tick, and how their personalities and preferences respond in a …

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