Does our rapidly flattening world have you rethinking the way you manage people and projects? It should. Now is the time to explore the challenges of doing business in an environment where all the rules have changed. Here are seven obstacles that “old school” companies face in adapting to a project-based planet.
Our spherical world has been declared flat once again. And if your company has any age on it at all, you’ve likely found that your “old way” of doing business fits about as well as the suit you wore 30 pounds ago. Not only have many operations scattered to the four corners of the globe, the attitudes of the workforce have undergone a similar shift. People no longer expect to follow a predictable, hierarchical career path. They now expect to take part in numerous quick-forming, quick-dissolving teams that implement a series of short-term projects that, together, make up their long-term career.
In short, everything has changed. And if you’re trying to force yesterday’s rigid business practices to match up to today’s dynamic, project-based world, you’re doomed to failure. After all, talent is the biggest differentiator between businesses these days, and how you manage it will determine your destiny.
Our established ways of getting work done, of accounting for this work, of monitoring compliance, and of