Victory Is Fleeting

From the Voices on Project Management Blog
by , , , , , , , , , , , , , , , , , , , , , ,
Voices on Project Management offers insights, tips, advice and personal stories from project managers in different regions and industries. The goal is to get you thinking, and spark a discussion. So, if you read something that you agree with--or even disagree with--leave a comment.

About this Blog

RSS

View Posts By:

Cameron McGaughy
Marian Haus
Lynda Bourne
Lung-Hung Chou
Bernadine Douglas
Conrado Morlan
Kevin Korterud
Peter Tarhanidis
Vivek Prakash
Cyndee Miller
David Wakeman
Jen Skrabak
Mario Trentim
Shobhna Raghupathy
Roberto Toledo
Joanna Newman
Christian Bisson
Linda Agyapong
Jess Tayel
Rex Holmlin
Ramiro Rodrigues
Taralyn Frasqueri-Molina
Wanda Curlee

Recent Posts

Bring on the Praise

Credit Where Credit Is Due

The Unsung Hero of a Mega Transformation

Victory Is Fleeting

Change Is Cool



By Cyndee Miller

Buckle up: The new world of transient advantage is upon us, according to symposium keynoter Rita McGrath, PhD. The days when a company could sit back on the glory of a competitive edge they’d diligently honed? Done.

“If the world around you is changing quickly, you can’t be the kind of leader who says, ‘This is our goal and we’re going to follow it relentlessly,’” she said.

Leaders high on their own success — and too attached to a goal — are laying the seeds of their organization’s demise. This is the time for “healthy disengagement,” the ability to shut a project down when it no longer makes sense and reallocate resources in a better direction when the project landscape shifts — as it inevitably will.

“We have to get away from thinking about stability as the normal thing and change as the weird thing,” she said.

The ultra-fast pace of change can make it hard to see a clear direction forward. But smart leaders know they must build project portfolios that cover more than just business as usual. They craft opportunities for future growth when the path forward becomes less foggy.

“You want to create options for yourself to make more substantial investments when you know more,” Dr. McGrath.

PMOs have a role to play in this whole transient advantage adventure. They’re like the sherpas guiding organizations up the mountain. They know the landscape of budgets and power, and how to implement the right kinds of change at the right time.

Are you and your PMO ready for the era of the transient advantage?

Posted by Cyndee Miller on: November 08, 2017 03:31 PM | Permalink

Comments (4)

Please login or join to subscribe to this item
Great Post. I like this saying most: “We have to get away from thinking about stability as the normal thing and change as the weird thing,” - Very Very True.

Knowing when to pull the plug is a hard skill to master.

I wonder if organizations should even have long-term goals anymore.

Please Login/Register to leave a comment.

ADVERTISEMENTS

"One of the symptoms of approaching nervous breakdown is the belief that one's work is terribly important."

- Bertrand Russell

ADVERTISEMENT

Sponsors