Voices on Project Management

By Peter Tarhanidis, PhD

As the pandemic stretches on, work-from-home programs continue to keep teams working virtually. During this time, we have performed courageously to deliver our strategic and business outcomes. Here I will share a select review of advice from industry experts as they explore how to build a post-pandemic response strategy.

According to McKinsey (2022), organizations have pivoted to deliver sustainable and inclusive growth toward building a better world. And Harvard Business Review (2020) notes that all types of companies have navigated the pandemic by pivoting their business models in the short term to survive—becoming more resilient in the long term.

Yet not all pivots generated an improved business outcome. Three trends in particular can help ensure a successful pivot:

1. Align the pivot to a long-term trend driven by the pandemic
2. Extend the firm’s existing capabilities, further solidifying the strategic plan
3. Sustain profitability, which preserves and enhances the brand’s value to the customer

PWC’s Global Crisis Survey identified three key lessons that businesses can adopt for long-term resilience:

1. Plan and prepare for inevitable disruption by establishing a crisis team
2. Integrate teams and cross-company competencies to enable effective responses
3. Build resilience governance into the organization’s culture

An opportunity, therefore, exists to consider how to prepare your team’s competence in driving synergy and resilience in order to lead post-pandemic growth strategies—and simultaneously pivot from those same strategies.

Here is a shortlist of what leaders can do to prepare for a post-pandemic recovery and support an organization:

1. Develop mental agility to pivot among key strategies and deliver business outcomes as key shifts and business challenges arise
2. Allow the process of learning to take effect across key leadership levels
3. Integrate PMI and agile frameworks to ensure flexible planning activities
4. Employ data analytics to support key insights in customer and marketplace forecasts
5. Clarify the governance of key plans and what event would trigger a decisive strategic pivot
6. Develop talent to migrate into new areas of company strategies and projects
7. Gather teams in person in order to create synergy and move from “norm” to “perform”

In the end, the teams that are ready to execute and can pivot as necessary will be ready for the post-pandemic competitive environment.

Let me know if you have uncovered additional successful strategies—or any pitfalls to avoid—in building team synergy and resilience.

References

1. https://www.mckinsey.com/business-functions/risk-and-resilience/our-insights/covid-19-implications-for-business
2. https://hbr.org/2020/07/how-businesses-have-successfully-pivoted-during-the-pandemic
3. https://www.pwc.com/gx/en/issues/crisis-solutions/covid-19.html

By Peter Tarhanidis, PhD

Technology has demonstrated tremendous benefits and efficiencies (many of them unstated) over time. The technology lifecyle enhancements that started with our initial computers, software programs and the internet of the past have given way to the modern-day cloud, Big Data and artificial intelligence.

Throughout this maturing landscape, technology has affected all industries—especially how we collaborate. According to Peng (2021), here are some key impacts to consider:

• Digital transformations spending will exceed an estimated $2.39 trillion by 2024.
• Collaborative tools and technologies increased operational efficiency by 131%.
• Technology will displace an estimated 85 million jobs globally by 2025.
• AI augmentation will increase global worker productivity hours to an estimated 6.2 billion hours.

Project management has benefitted from the overall technology lifecycle, either by implementing aspects of it or by being a user of its collaboration outputs. Yet project managers are at the doorstep of being part of the next wave of AI disruption.

What a PM organization must consider is the methods and concepts used in managing past programs and become proactive in shifting to an AI-enabled PM organization. There is no doubt that the role of PMs and our methodology will be augmented with AI-enabled assistance.

PwC identified five areas of AI disruption and decision making in project management:

1. Business insights: Filter data to gain actionable perceptions
2. Risk management: Develop the ability to run multiple risk scenarios and outcomes
3. Human capital: Optimize teams and leverage staff skills or new areas of training
4. Action-taker: Provide analysis and optimization of schedules and staffing needs
5. Active assistant: Augment the collection process of information to generate progress reports

To prepare for these changes, project managers should:

• Invest in data sciences and digital skill sets
• Create a culture that adopts digital disruption
• Enable the use of digital tools and approaches to limit manual efforts and drive value-added work.

In order for these changes to emerge, there are a few considerations that may hold one back from the changes—such as organizational readiness, employee skills assessments, and the state of technical tools.

PwC outlines a change approach to assist in the transition that relies on updating project management strategy, leveraging technology investments, integrating digital and AI, and a comprehensive communication plan to generate awareness through adoption by the future project management workforce.

What other approaches have you used—or should be considered—to manage AI disruption in project management?

Reference:

1. https://www.pwc.com/m1/en/publications/documents/virtual-partnership-artificial-ntelligence-disrupt-project-management-change-role-project-managers-final.pdf
2. https://writersblocklive.com/blog/technology-in-the-workplace-statistics/

By Conrado Morlan

In project management, communication is a core competency that significantly impacts the outcome of a project. Most likely, you have worked hard to master your communication skills. Then all of the sudden, the way we communicate changed. The style had to adapt, evolve and amplify with the support of technology during the pandemic.

We were accustomed to more traditional ways of communicating, such as in-person meetings (with groups, or one-on-one with stakeholders), spontaneous conversations around the office, and conference calls, among others. But most of these methods were totally erased when, by necessity, we started to work remotely.

In a matter of weeks, we had to close the communication gap by learning on the fly how to use new technology tools featuring virtual rooms with a mosaic of participants, featuring screen sharing, tool chat, or instant messaging (IM). We faced the challenge of having to define new rules of communication and common ground (like having cameras on or off during the meeting, and muting your microphone if you aren’t talking).

In just a few months, we adjusted to a new way of communication: online calls instead of phone calls; recorded online meetings with automatic transcripts instead of handwritten meeting minutes typed out afterward; more IM communication instead of email communication.

For many project managers who are still remote, this continues to work well; for others who have returned to the office, they are starting to readapt to (or are missing) the “old way of communication.”

Readapting to the “way things were” won’t be an easy task. Many people have lost that sense of personal interaction, and it is becoming more difficult to bring several people together at the same time in a meeting room to discuss the project. People’s preferences have also changed, and many prefer a virtual meeting as they think that there will be no difference to a meeting’s outcome if the meeting is in-person or virtual.

Perhaps the outcome of the meeting will be no different, but what about in-person human interaction—a key element for communication? Reading non-verbal cues is becoming more difficult, a valuable element that will confirm if a “yes” is truly a yes or instead a “maybe.”

As a project manager, what has been your biggest challenge in adopting and adapting the “new way of communication” in your projects?

After a recent project progress meeting with my team, one of the senior members and I discussed the face-to-face communication challenges we have with other members. We concurred that when the person receiving the information has low retention, it results in false assumptions and a misunderstanding on the topic of discussion.

Why is this happening? If the person receiving information confirms that everything is clear, why do we still have communication issues in projects? Usually, it's because taking notes in a meeting is going away, as many team members wait for a meeting recap that summarizes their action items.

In face-to-face communication, we spend most of the time listening—and apparently, we're not good at it. We filter what we want to hear, and that may result in a broken message.

That senior member of my team is part of the silent generation. He mastered his listening skills in an environment without all of the ways to "replay" conversations that we use today. In addition, he mentioned that the communication environment before was "less polluted" than today, where we are bombarded with things that affect our ability to pay attention.

I asked the senior team member what the key elements of good listening skills are, based on his experience. He recommended:

• Pay attention to the dialogue and receive the message.
• Acknowledge the message using positive expressions, such as "Okay" or "I see."
• Confirm the message was received by summarizing what was discussed.
• Ask questions to the person giving information during and after the discussion.

What are the face-to-face communication challenges you have experienced with your team? Do your team members pay attention when you speak? What advantages and disadvantages do virtual meetings have?

By Peter Tarhanidis, Ph.D., M.B.A.

Today, developments in emerging technology, business processes and digital experiences are accelerating larger transformation initiatives. Moore’s Law means that we have access to exponentially better computing capabilities. Growth is further fueled by technologies such as supercomputers, artificial intelligence, natural language processing, Internet of Things (IoT) and more across industries.

Emerging Tech
The global IT industry is valued at $5.3 trillion in 2020 and is poised to grow 6.2 percent by 2021, according to tech market research firm IDC. Emerging technology like augmented reality and robotics will make up an increasing share of that growth.

Business Process Maturity
Organizations are improving the maturity of their business processes. They’re doing this by automating tasks, eliminating them, improving performance or finding the lowest-cost way to perform a task. Organizations are connecting with experts to collaborate across a wider network of colleagues. This enables strategies to be integrated across the value chain to quickly drive business outcomes.

According to market research group IMARC, automation and the IoT are driving growth in business process management (BPM); the BPM market is expected to grow at a 10 percent compound annual growth rate between 2020 and 2025.

Customer Experience
In addition, having a formidable customer experience strategy can make the difference between customers choosing your brand or your competitors in 2020. That’s according to Core dna, a digital experience platform vendor.

Customer experience is redefining business processes and digitizing the consumption model to increase brand equity. Gartner reports that among marketing leaders who are responsible for customer experience, 81 percent say their companies will largely compete on customer experience in two years. However, only 22 percent have developed experiences that exceed customer expectations.

Economic Forces
Lastly, the potential for cash flow growth remains high in 2020, despite economic risks, according to the U.S. Corporate Credit Outlook 2020. This will likely lead to capital investments and a fair portion of companies funding transformational projects.

The Way Forward
While transformations have evolved, they encapsulate the way we think and operate. Old methods may seem encumbering and administratively difficult, creating bureaucracy and delays in decision making. The challenge is the velocity of change, which is very disruptive to organizations.

I’ve developed a few guidelines to help navigate this change:

• Work with an agile mindset.
• Fail often and fast to ultimately filter out winning initiatives.
• Define the cultural attributes that propel staff and colleagues to succeed on their endeavors.

Change is now inherent and pervasive in the annual planning process for organizations. Given that, I like to ask: What is the plan to prepare staff and colleagues to compete in this hyper-transformation age?

What observations have you made to keep up with this new era’s velocity of change?

By Peter Tarhanidis, PhD

I’ve been fortunate to have a career that constantly challenges me and my team to apply new approaches to achieve an organization’s mission. I believe that adapting these contemporary management practices and innovative operating models has helped me become the project leader I am today. 

Below are select project initiatives that have helped me develop my skills:

1. I integrated process and technology to drive staff productivity. Customer centricity is at the heart of the experience. While working in a call center, my team and I initiated a training process improvement for onboarding new hires. I drafted process steps and key instructions for each one, and then connected the technology opportunities to automate non-value steps. This resulted in reduced training cycles and onboarding staff time from eight weeks to two weeks. It also increased customer satisfaction.

2. I quantified assumptions with data and facts. I remember one instance where senior leaders did not have the data to explain consumer behavior and decided to stick with the status quo of the same services at the same rate—not realizing consumer segments had changed. By applying statistical analysis and regression theories, I was able to identify pricing elasticity levels that formed a new strategy to increase revenues and attract new consumers.

3. I leveraged standards-based solutions to scale growth and introduce emerging technologies. Prior to standards adoption, I relied on international standards bodies to align on the highest operating performance of disparate systems. This helped to standardize new telecommunication technologies that architected new building designs with IT infrastructure to integrate disparate HVAC, security, green services, data centers, retail systems and real estate development opportunities across the U.S. This led to increased revenue and operating efficiencies by creating an online retail catalogue and also reduced the cost of managing business services.

4. I extended expertise across the globe by managing vendor partnerships. I established a vendor management practice to oversee strategic partnerships, outsourcing and offshoring to improve from hybrid technical data centers to Global Business Shared Services across non-core services in organizations. This extended needed services in local countries in their time, language and at lower costs—and also enabled increased market share for commercial operations.

5. I designed business operating models to align strategy across an organization. This included key projects to benchmark customer market space, work with senior leaders and define a gap analysis to address via business cases. This allowed me to transform departments, business units and re-engineer organizations.

6. I worked across diverse geographies and industries. For example, I drove cultural and change management in R&D, operations and supply chain. This exposed me to business development and mergers and acquisitions, and allowed me to learn the latest in designing user experiences, advanced robotic automation and AI technologies to connect to deeper business insights.
    
7. I led a nonprofit organization of volunteers to develop my leadership skills. When individuals give their time, it is important to be clear and align the volunteers to action. These interactions and relationships are truly based on a work-at-will agreement. If you treat everyone with dignity and a set of behaviors that empower purposeful action, you will achieve a great leadership style that supports many environments and solves social and business needs.

What themes have you identified in your career? How have you broadened your range?