Topic Teasers Vol. 163: What is ESG for PMs?

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  Organizational Culture   Strategy  

At a local PMI chapter meeting, a lot of my friends were talking about “ESG.” I didn’t want to appear stupid, but I also want to be sure I’m keeping up to date so that my position at my company is secure. As a project manager, what would my role in “ESG” be? Is there a class, or do I just Google things to figure it out​?

A. ESG is a new topic project managers need to involve themselves with in order to help their organizations stay profitable and in step with national and international requirements. It isn’t extremely specific in what any one organization must do, but as a PM you might need to be the driver to introduce the concept and get your employer thinking about necessary adjustments.

B. ESG stands for Extra Sensory Guidance, and has to do with engaging the predictive powers of artificial intelligence to help your business envision whether or not your product will remain desired and highly marketable for the next 30 years. If it isn’t a long-term item, you have an anticipated three-and-a-half years to update it, or rotate to a new product entirely, in order to stay viable as an organization.

C. ESG is specifically targeting the relationship between workers and upper management. …

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