By Wanda Curlee
Portfolio management is slowly being adopted by corporations. Or is it? I am speaking from my perspective, which admittedly is narrow, but I wonder if company leadership has what it takes.
I have worked at different organizations—from retail and legal to medical and government—and they all say yes, they are ready to do the hard work. But when you try to start developing requirements or even do a gap analysis, there are many reasons why it doesn’t happen: leadership is not in sync, resources aren’t available or there’s not an appetite for change. Or even worse, there is only one person who champions the cause, and he or she does not have the political momentum to push the effort.
The pushback can be major or minor. Leadership might say they had no idea you would need their people to develop the processes, templates and tools. Or leadership might ask if the company can just get a tool instead? There are solutions to all of these points, but leadership may not want to hear them.
So, how do you get over these hurdles?
For some, it’s a matter of providing training and knowledge. Leadership may truly have no idea what portfolio management is. In their eyes, it’s simply knowing what all the projects are in their area. That is one aspect, but there are several steps before you even get to that spot.
For instance, will you look at all projects in the organization, or only those of a certain budgetary value or length? Perhaps a combination of both?
Then there is the question of how to slice and dice the projects.
To slice and dice, you need to understand how to relate projects to strategy. Does your organization meet several of the corporate strategies or only one? If you have a project that is not allocated against a corporate strategy or sub-strategy, then why are you doing it? It’s taking resources and budget away from projects that do have strategic value. Even operational projects, such as upgrading software to a new version or implementing new enterprise software, need to map to a strategy.
For example, imagine your company has a strategy to increase sales by 20 percent in three years. The current sales tool has received well-deserved criticisms, and the tool is too small for the current sales volume. Implementing a new sales tool probably makes sense. However, the new tool would require the company to be running the latest version of operating software. The portfolio manager would recognize this, along with IT, and the portfolio manager would argue the case that these are interrelated. The opportunity exists here to make these two software projects and all the peripheral workstreams, such as training, into a program.
Do you have what it takes to push portfolio management forward? Or will you just succumb to pushback?
Don’t be afraid to speak up. If project portfolio managers don’t advocate for the correct way to do project portfolio management, organizations will suffer in the long run. The wrong way to do something is expensive and not beneficial.
Don’t let your company fall into that trap.
What experiences have you had when pushing portfolio management forward? Please share below.
By Christian Bisson, PMP
I recently had the privilege to participate in the 9th Montreal agile coach gathering. Along with meeting great people and having a chance to exchange ideas with them, I had the opportunity to learn about “liberating structures”, a concept developed by Henri Lipmanowicz and Keith McCandless.
Liberating structures are 33 alternative structures for facilitating meetings, work sessions or retrospectives. Unlike conventional structures, such as status reports or presentations, liberating structures are meant to distribute control of the conversation so that all participants are part of shaping direction. This ultimately helps everyone work together while feeling more in control. According to Lipmanowicz and McCandless, conventional structures are either too inhibiting or too loose and disorganzed to achieve this.
Within your organization, liberating structures can be used to organize and facilitate work sessions, retrospectives or other types of meetings. These structures range from simple and fast exercises to those suited for more structured and longer meetings, giving a diversified toolset for various circumstances.
One evening during the 9th Montreal agile coach gathering, everyone gathered into small teams, picked one of the liberating structures randomly, and took 25 minutes to understand and discuss it with the objective of presenting it to everyone else afterward within a three-minute timebox.
Our team picked “critical uncertainties”, which makes you focus on essential and uncertain realities, and then plan strategies according to different possible futures. Among brainstormed ideas, you need to identify the most robust strategies (i.e., the ones that would work with the most possible futures). You can then plan action items based on what was discussed.
Another one that caught my interest is “1-2-4-all.” It is simple and can be used in so many circumstances, yet it is efficient to help a group of people (small or large) communicate and share great ideas.
For anyone out there who is a fan of liberating structures, I’m curious to find out which ones you used, in what context, and how was the result. Please share and discuss!
By Jen Skrabak, PMP, PfMP
Over nearly two decades in project management, I’ve learned a number of strategies to make my voice heard and advance in my career. Much of that success has come by “leaning in,” as Sheryl Sandberg advocates.
As a woman in project management, I believe the following are key:
International Women’s Day is March 8, and this year’s theme is #BalanceforBetter. Please share your thoughts on how we celebrate the achievement of women while we continue to strive for balance for women socially, economically and culturally around the world.
Imagine you're a project manager reporting to a senior director of a subsidiary, with a dotted line to a group director in the HQ. In a meeting, you're caught in their crossfire. What would you do?
If you’re wondering whether getting involved in the politics is mandatory, the answer is yes. What if you wish to stay away? You can, but you’ll put your career at risk.
There’s no need to be afraid of organizational politics. Often the top performers are those who have mastered the art. In the organizational hierarchy, there is a level beyond which winning at politics is more important than mastering any technical skills.
What Are Organizational Politics?
Workplace politics are simply the differences between people at work—whether they’re contrasting opinions or conflicts of interest. They’re important, because you need these politics to:
What Aren’t Organizational Politics?
Politics aren’t about cheating or taking advantage of other people. They are not about:
It is not about me over you (win-lose), but both of us together (win-win).
Why Are Organizational Politics Inevitable?
You can’t avoid them, because the following are all sources of politics:
Some of these factors are always present in an office, making politics inevitable.
How to Win in Organizational Politics
The most common reactions to politics at work are either fight or flight, which can have harmful consequences. Remember, we always have a choice to approach the situation and then hold on, understand or work out a viable solution.
Here are few steps you can take:
Know Enterprise Environmental Factors:
The first step is to understand the source. You can put together a winning solution if you understand factors influencing your project execution, such as organizational culture, organizational structure, various communication channels, organizational policies, individual behavior and risk tolerance of stakeholders.
Politics always come down to the people who are involved. Until we understand their interests, power, influence, buy-in and support, it may not be easy to prepare a strategy. There are various tools like the power/interest grid, buy-in/influence grid, stakeholder engagement matrix, etc. that help in stakeholder analysis and preparing strategies. There are tools like power/interest grid, buy-in/influence grid, stakeholder engagement matrix etc. that help in stakeholder analysis and preparing strategies. In fact, it is a good idea to always maintain a stakeholder register so you have information ready to quickly deal with a situation.
Discover Hidden Agendas:
Hidden agenda aren’t always as bad as they appear. Many times a personal objective is driving someone’s actions. Therefore, it is necessary to talk to the people and understand the driving factors behind their opinion and actions to strengthen your strategy.
Somehow, we are encouraged to think that someone has to lose in order for us to win. We see our colleagues as rivals instead of as our team members. This may be because of the organization’s politics. We have to find a solution that not only makes you win, but others too. This may not be easy, but understanding other people’s point of view and putting your feet in their shoes will help you find a win-win solution.
Build your network:
One of the best ways to do this is through networking, which builds relationships. This will help you better understand other people’s viewpoints and get their support in facilitating a solution. Networking is also very effective in getting buy-in and reaching consensus.
By taking these steps, you can propose win-win solutions and steer your projects to success.
What ideas do you have for dealing with organizational politics? Please share your thoughts in the comments below. I look forward to reading about your experiences.
Find Purpose to Unlock Exceptional Performance
Human Aspects of PM,
New to Project Management,
Categories: Benefits Realization, Best Practices, Career Help, Change Management, Communication, Complexity, Facilitation, Generational PM, Human Aspects of PM, Human Resources, Leadership, Leadership, Lessons Learned, Mentoring, New to Project Management, PMI, Program Management, Roundtable, Strategy, Talent Management, Teams, Volunteering
Find Purpose to Unlock Exceptional Performance
By Peter Tarhanidis, MBA, PhD
There are three common maturity levels in developing project management leadership:
It takes many years to cultivate the skills necessary to execute complex initiatives of all sizes and types. And project leaders may find gratification in the personal development to sustain their performance, as well as their project achievements.
However, over time, it’s not unusual to lose sight of that passion, excitement and engagement for executing initiatives. Instead, the project leader may default to simply providing the project management administrative activities of project execution. This reversal of development is a leadership pitfall and creates a chasm between high performance and exceptional performance.
One way to bridge the chasm is to be purpose-driven. A defined purpose distinguishes oneself as a distinctive as a brand. A brand is underpinned by one’s education, abilities and accomplishments. By identifying what is central to your interests and commitments, project leaders can re-engage with purpose and unlock exceptional performance. This can be broad or can be very specific in a subject expertise.
I have use the following method to find my brand and define my purpose:
Having used this approach to define my purpose, I learned I enjoy the macro view of the firm. I regularly coach leaders and help them develop their teams. Therefore, I like to simultaneously drive toward exceptional performance to achieve a firm’s mission and to advance the needs of society.
Please share your purpose and any examples of exceptional performance you achieved toward that purpose.