Beware of Instajudgments, Imposter Syndrome and Saber-tooth Tigers
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PMI PMO Symposium 2016
Categories: PMI PMO Symposium 2016
| by Cyndee Miller Sizing people up doesn’t require much time—13 milliseconds to be precise. That’s how long it takes for people to read and judge facial expressions. (I really hope your face doesn’t smack of boredom as you read this.) People say a lot without saying anything at all, leadership expert Olivia Fox Cabane said during the PMO Symposium closing keynote. And if PMO leaders want to start having better (read: more inspiring) relationships, they’d be wise to take a good, long look in the mirror. Let’s step back for a bit, though. Rather, let’s step back hundreds of thousands of years. What’s driving all this insta-judginess? It’s evolution, specifically the necessity of developing flight or fight responses back in the time when risk registers were mainly filled with saber-tooth tigers. Sure, we’ve come a long way, but we still make judgments every single day. Consider how you sit during a meeting. Not making eye contact? That can come across as being untrustworthy. Taking up a lot of space? That comes across as a play for dominance, for better or worse. It can’t be all about you, you, you, either. The best leaders look out for those they manage and make sure they don’t succumb to things like the dreaded imposter syndrome. You know it, the sinking feeling that deep down, you have no idea what you’re doing in your job and it’s just a matter of moments before you get exposed. “At least 80 percent of your junior members feel it,” Ms. Cabane says. Thing is, that’s a natural emotion. (And self-criticism isn’t necessarily all terrible—doubt leads to a desire to work harder, which leads to better skills, etc.) But as a leader, even if you can’t get rid of that tugging notion inside your protégé, you can help them handle self-doubt. “You’re the person they look to to react to how they should feel about something.” Ultimately, Ms. Cabane said, the secret to relationships isn’t about wit or wordplay. It’s about attitude. If you want to make a difference, Ms. Cabane says, treat whoever you’re talking to “as if they are the most fascinating individual you’ve ever met.” Unless that’s a saber tooth tiger. If that’s the case—run.
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It’s Time to Wield Your Social Influence
| by Cyndee Miller We’ve all been there. You’re sitting in a meeting. Someone throws out an idea. It’s weak. Actually, it kinda stinks. Yet somehow, it spreads like wildfire when others—perhaps you—had ideas that were objectively better. Even out of the context of conference rooms, the phenomenon begs some fundamental questions: Why do people dress the way they do, buy the cars they do, even like the music they do? The answers may lie less in the products themselves and more with the context surrounding them, according to Jonah Berger, PhD, author of Invisible Influence: The Hidden Forces That Shape Behavior. Say you’re buying a car. “You’re more likely to buy a car if it’s on sale or if you need a new one. That’s obvious,” Dr. Berger said in his day two keynote as PMO Symposium®. “But if your neighbor bought a new car, you’re also 8 percent more likely to buy one.” That right there is what he dubs social influence. It isn’t random. It’s not luck or chance, he said. It’s a powerful tool—but only if it’s done right. Let’s go back to that meeting, for example. It doesn’t have to go down like that. If you’re looking to shape group decisions, Dr. Berger would prescribe speaking first and then building consensus by making it visible. He also recommends taking the Goldilocks approach. “If it’s too different, people don’t want to adopt it. If it’s too similar, people don’t want to change.” The sweet spot? “If you can be optimally distinct, you’ll be more likely to change behavior,” Dr. Berger said. This motivation business is nuanced stuff. Say you’ve got a team that’s struggling. It’s natural to wonder why it can’t be more like that other team, the one that’s killing it. Just keep that comparison to yourself. Being down one point at the half in a basketball game, for example, can give a team just the kick in the @#$% it needs. Indeed, Dr. Berger says teams down one point at halftime are actually favored to win games. But if a team’s down 15? Forget about it. The idea is to harness proximal peers. “If you’re too far behind, you’re going to be demotivated,” Dr. Berger says. So if there are eight divisions within the PMO, don’t compare the bottom-performing unit to the top one. And I bet you thought social influence was just for celebs and politicians. Maybe it’s time to try it out in the real world. |
Dreams Deferred and Other Leadership Tales
| by Cyndee Miller Leadership, innovation, organizational culture. They’re all fine and noble topics. But people usually talk about them in the kind of lofty language that makes me want to punch them. Don’t get me wrong. I love a good corporate comeback tale—as long as there’s a good dollop of real talk. Sometimes, it can be all unicorns and kittens. I want the dirt. Drawing on his experience holding down C-suite slots at Boeing, 3M and GE, Jim McNerney got the mix right during the opening keynote at the 2016 PMO Symposium®—providing a solid gut-check on how even the heavy hitters lose their way. “It’s the paradox of innovation. The most difficult projects are often the ones most worth doing,” he said. Look no further than Boeing’s Dreamliner 787. The Dreamliner was supposed to be just that—an airliner delivering on every aviation dream: It was going to be more fuel efficient, require less maintenance, create more space for customers, produce less humidity—maybe even cure world hunger. Airlines lined up to put down deposits. In reality, it was much more a dream deferred. Customers waited. And waited. And waited as the company blew past deadline after deadline. Boeing simply flew too close to the sun. “There were too many firsts at once,” said Mr. McNerney. “There was some degree of hubris. We made the cardinal mistake of promising a product before we had a handle on the schedule.” But while the push for innovation might have been excessive, Boeing was able to right the ship—err, plane. The first step back from the brink: Think beyond process and focus on molding the right culture—one that values innovation as a team sport, he said. That kind of transformation is not going to just magically happen “by edict, email or issuing orders,” Mr. McNerney said. “You do it one conference room at a time.” In the case of the Dreamliner, leadership recognized its mistakes and took corrective actions to get back on track. That included being brutally honest with customers about exactly what was wrong. Boeing also realized it overvalued heroic circumventing and undervalued process, so it put the focus on gated processes and risk management. Mr. McNerney’s prior company, 3M, was no slouch on the innovation front, but it, too, had some issues. Early in his tenure, the company was creating some 3,000 new products a year, pushing quantity over quality. And business outcomes suffered. Mr. McNerney set out to redefine what success meant: Would the proposed new product create growth for 3M? Only those projects that got affirmative answers warranted a green light. But he also emphasized that “no” wasn’t negative. It was about valuing 3M’s strategic alignment above all else. That, dear readers, is called leadership. And for that, Mr. McNerney relied on some advice from his father: You have to decide early on whether you want to lead or to follow. So, what do you want to do? |
3 Tips For Managing Organizational Growth
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If you listen to business prognosticators, the concept of “mature economies” or “mature markets” comes up pretty regularly. Which means that it has become more and more difficult to squeeze growth out of larger, more mature organizations. The funny thing is, this is actually a great opportunity for project managers and project leaders around the world to really step in and put their skills to use in a more strategic manner. Why? Because a great project leader is a strategic project leader. Strategic project leaders understand the business at a deeper level and can anticipate decisions. More importantly, they have access to the goals and vision for an organization’s growth, which enables them to contribute to that goal. So what do strategic project leaders look for when they are attempting to manage growth in mature companies? Here are three ideas: 1. Align thinking with the organization’s growth goals: You have to gain an understanding of where the organization is going, as a baseline for success. This isn’t as hard as it might seem. Many organizations, at the beginning of the fiscal year, quarter or calendar year, share goals for the coming year (or, if you are lucky, the next several years). This information will provide you the groundwork for better discussions as certain projects move from concept to planning and beyond. 2. Anticipate ways projects can or can’t create additional value: Here’s the challenge. It is easy to mail this stuff in. I’m just a project manager, right? If you want to be a leader in your organization and manage for growth—growth for your company and your career—you can’t allow this thinking to infiltrate your mindset. To manage for growth, especially in tough markets, you have to be able to anticipate where your business is going and where opportunity lies. Then you need to be able to take action to apply these ideas to your projects and advocate for them in a strong, reasoned manner. 3. Frame your ideas in a context that fits executive and stakeholder goals: As project leaders, your goal is often to be the point from which information flows in and out of the project. To put it another way, you are the sounding board for people that have an interest in your project’s success. This means that you have the unique position of knowing as much or more about the project than anyone in the organization. This gives you tremendous power and provides an opportunity to push the project in ways that will help squeeze out the maximum benefit for you and your organization. This requires you to advocate for an idea, present your ideas in a way that are relevant to the context of the goals of your business, and have a business case behind them so that they appear logical. Are these conversations easy? No, but are they worthwhile? Absolutely! If you are serious about managing for growth, you can start now from where you are, but the actions you take are going to have to be more business focused. Fortunately, many of you already have the tools to take action—no mandate necessary. I look forward to your thoughts on managing growth. |
7 Ways to Align Portfolio Management with Strategy
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Successfully implementing strategic initiatives is a high priority for most organizations; however, few organizations are doing it well, if at all. In fact, only 10 percent are aligning portfolio management with strategy implementation. Based on my experience, there are seven critical success factors to align portfolio management with strategy: 1. Agility: This is a broad umbrella for organizational culture and processes that are nimble and versatile. Being nimble suggests speed in reacting and being versatile suggests flexibility and adaptability. It’s crucial to build a nimble and flexible organization and portfolio management processes to take advantage of internal or external changes. Portfolio management must be seen as the enabler of strategic change and anticipate iterative, incremental and frequent adjustments to the portfolio. 2. The 3 C’s: Culture, Change Management and Communications: The “triple threat” of portfolio management is having all three components work in harmony to enable the strategy. Culture can be thought of as the personality and habits that an organization embodies, and although it may be difficult to describe, it can be seen and felt when walking around an organization. It’s been commonly cited that up to 97 percent of the employees in an organization don’t understand the strategy, and over 90 percent of mergers and acquisitions fail due to culture clashes. Rather than letting culture just happen by accident, organizations should consciously build and shape the culture of the organization. And, of course, the culture must be socialized through communications and change management to not only convey the right messages and keep employees engaged, but also recognize and reward the right behaviors. 3. Governance: Good portfolio management processes ensure these core governance functions are implemented: · Oversight: Leadership, guidance and direction. The key is being involved (through visible engagement and support in problem solving and removing barriers), not just informed (receiving status reports). · Control: Monitoring and reporting of key performance indicators, including leading (not lagging) indicators. Too often, portfolio managers report on scope, time and budget status, however, those are all retroactive events. Although course corrections can be made, it is too late to be proactive and, as we all know, it’s easier to stop a project’s problems earlier rather than later. Leading indicators, including risk exposure, incremental value delivered and requirements volatility, are predictive. · Integration: Alignment to strategy, as well as organizational ownership of the changes that the portfolio is implementing, should be driven by portfolio governance. · Decision Making: While empowering teams to make day-to-day decisions, broad decisions also need executive and management support to ensure buy-in across the organization. 4. Value: The value to the organization depends on performance of the portfolio holistically, not individual components. It starts with ensuring the right programs and projects are selected. Sometimes, the focus is on an individual project’s ROI instead of the fact that although a project may have a positive return, it should be compared against competing projects’ risk, return, and alignment to strategy. 5. Risk Management: There should be a balance of the negative and positive. Mitigate threats and take advantage of opportunities. Value is ultimately the result of performance x risk/opportunity. 6. PPPM Maturity: Portfolio, program and project management (PPPM) maturity ensures the process and talent exist to deliver the programs and projects reliably. Maturity is not measured by a single dimension such as the success rate of the “triple constraint.” Instead that measure includes speed to market, customer satisfaction and strategy enablement. 7. Organizational Structure: When building an organization to enable a strategic initiative (a type of portfolio), an organization should be defined by verticals of end-to-end processes and horizontal enablers. Horizontal enablers are common support elements that span across the verticals organized by the work instead of the functional area—such as change management, reporting, training. How do you align portfolio management with strategy? I look forward to your thoughts! |






