Entrepreneurs, Meet Project Management
From the PM Network Blog
by Cameron McGaughy,
Aaron Smith, Deryn Zakielarz, Jill Diffendal
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Entrepreneurs are very busy setting up their companies and developing their products. Perhaps dominated by visions of the wild success of Jeff Bezos or Jack Ma, project management is rarely top-of-mind. Yet David Taylor, a mentor at business incubator Virgin StartUp, says nothing is more important to getting startups off the ground.
In April PM Network®, writer Sarah Fister Gale takes you into the world of startups and shows how business incubators and accelerators can help these busy leaders integrate project management into their activities. Experts say that founders are often trying to do too many things at once and can lose control when complexity comes in, even in the form of adding a second project to the mix.
Helping startup leaders think about where risks might arise within their strategy is one way project management experts can help. Another is controlling vendors that might not want to do things the way the startup needs them to be done. Discipline is key for these entrepreneurs: They need to set goals, prioritize tasks and identify risks. Incubators need to assist their fledgling companies by instilling the need for project management from the very start.
Have you had experience managing projects for a startup? Please share your thoughts in the comments.
Posted
by
Dan Goldfischer
on: April 13, 2018 09:35 AM |
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Comments (2)
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I assisted several startups in the Philippines use a project management approach to their entry into the market. Before becoming involved in each one, I was surprised to see that none had contemplated treating their business implementation as a project. One of these startups was a financial services outsourcing provider, and we used Agile to get them there.
One of the challenges I face is to convince them that they need to think about What If ?
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