Project Management

To hit pay dirt

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Hi to all of you, and welcome to this blog about management, projects, IT, etc. and about life among all of that. I'd like to share my thoughts, knowledges, experiences and to propose them for discussions.

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Business processes and project management processes: correlation, integration, evolvement

Interesting research. Who will be next? Would it be possible?

What does a business need first in order to begin growing?

Inspiration interaction

New Year...new digital workplace trends...AI and robots

Interesting research. Who will be next? Would it be possible?

Each country tries to build its own Silicon Valley, sometimes not only the one. Accordingly, the KPMG research [1] the most successful in this are New York (USA), Beijing (China), Tokyo (Japan) and London (UK).

58% of 740 global technology industry leaders believe likely or very likely shift the world's technology innovation capital by 2023. 27% of them believe not likely or not at all likely in it, and 16% of them are neutral. 

New York has a leadership position because it's a place of the biggest IT companies, like Apple, Facebook, LinkedIn, Google is planning to expand its presence in New York.

New York has a population of 8,398,748[2] distributed over a land area of about 302.6 square miles (784 km2), which provides great conditions to be a new technology and innovation center.

Beijing is an important and very power world city. The population of Beijing at the beginning of 2016 [3], according to some estimates, is 21.7 million. There are a lot of companies there, which fields are in everything from Artifical Intelligence to electromobility. Nowadays Chinese Government support technology companies and plan to give big financial support to them (CNY 10 billion).

As of 2018, the Greater Tokyo Area ranked as the most populous metropolitan area in the world.  The population of the special wards is over 9 million people, with the total population of Tokyo Metropolis exceeding 13.8 million [5]. Tokyo has a leadership position in robotics development and manufacturing. Industry leaders desire concern Olympic Games 2020.

London becomes a global capital of the fintech industry, and in my opinion, it has a historical background for this, though Zurich could have it too, but it is not developing in this way. Seven startups valued over $1 billion based in London, San Francisco is home for nine [1].

Russian Government built a technology innovation center. The idea was to get Russian "Silicon Valley". Skolkovo provides special economic conditions for companies working in the priority sectors of modernization of the Russian economy: telecommunications and space, biomedical technology, energy efficiency, information technology, and nuclear technology. The center cooperates with the world's leading universities and attracts the best specialists, regularly conducts training and various activities aimed at the development of innovation, technology, and support for startups.

In conclusion, I'd like to say my opinion, all off the new applicants for the technology and innovation world center role have different directions for development. Therefore, I think that it is possible to decentralize such a center and, perhaps, Silicon Valley will retain its priority but will become one of the components of this world center with its specialization.

Why is this important for a Project Manager? Firstly, every project has an initiating phase, each project needs money and resources. Secondly, there are no exist non-product related projects. 

Therefore, the location of the world technology and innovation capital is important. It is our future.

It would be interesting to hear your opinion.

  1. The New Silicon Valleys, PMNetwork, June 2019, volume 3, number 6, p. 12 (http://www.pmnetwork-digital.com/pmnetwork/june_2019/)
  2. "NYC Population: Current and Projected Populations"www1.nyc.gov. Retrieved May 2, 2019.
  3. http://www.chinadaily.com.cn/china/2016-01/23/content_23215065.html
  4. https://en.wikipedia.org/wiki/List_of_metropolitan_areas_by_population
  5. www.metro.tokyo.jpArchived from the original on August 21, 2018. Retrieved August 21, 2018.
Posted on: May 29, 2019 07:48 AM | Permalink | Comments (12)

What does a business need first in order to begin growing?

Any business development starts with process organization. Before starting a new business or expanding an existing business, we need to have clearly defined processes and a clear understanding of these processes. If we don’t, we will only increase the chaos. We even risk destroying any good assets which we have, including our relationships with customers. If we are just starting our business, we are also going to need a clear understanding of which processes we will need.

It does not matter how many people there are. If there are a lot of people and departments, then processes will be distributed among the departments and people. If there are not enough people, each person will need to perform more functions, and we will know what people we need based on the number and types of functions. In a startup, often one person wears many hats.

So what would we do first?

According to the guide ISO 9001, businesses are divided into the following process groups:

  • management processes;
  • main processes;
  • supporting processes.

 

The processes in the first group and the third group are almost the same for different businesses. 

The Management processes are the activity of creating the strategy and forming the development direction, management model and principles. 

This first group includes the following processes:

1)   Strategic Management;

2)   Quality Management;

3)    Organization Management;

4)    Contractor Management;

5)    Customer Management;

6)    Partner Management;

7)    Public Relations Management;

8)    Financial Planning and Budgeting.

The main processes are the activities directly assumed by the charter company documents and forming the main product for the market/society.

How would we know these main processes? 

The main processes depend on what kind of business you have.

At the beginning we need the clear understanding your goal. After that we have to formulate the main tasks which you will want decide to reach your goal.  

So, we know our main processes.

Auxiliary/supporting processes are activities, which are necessary to support the main processes, to form a single platform and typical rules of the unit and processes interaction within all other processes.

This third group includes the following processes:

1)  Regulatory Information Management;

2)  Project Management;

3)  Information Technology and Security Management;

4)  Workflow Document Management;

5)  Archive Documents storage;

6)  Stuff Management;

7)   Transportation Management;

8) Administrative Management

9)   Supply Chain Management.

When we know our processes we have to describe their inputs and outputs. Process inputs and outputs can be material, financial and information. Each business has own inputs and outputs.

If we only create a company, we describe our company model. If we already have a company, we also describe the model, in this case we don't need to think about our current structure when you make description, we have to think about your goals and tasks for reaching these goals. When we will get the model we can compare our current processes and our model, we will see what we have and what we have not. After process description, we can write the plan for transfer from the current processes to the model processes.

Information about the process description will be in the next article.

I'll always glad to get your feed back and questions.

Posted on: April 08, 2019 07:28 AM | Permalink | Comments (10)

Inspiration interaction

All of you know how important and difficult the process of define and elaborate requirements for a product. Based on my experience, PMI standard and the other practices I formulated the secrets, approaches, for achieving project success. 

I was invited by our PMI Moscow Russian Chapter, which had begun active work in Moscow, to speak about define and elaborate requirements process (my presentation was at Business Analysis Conference, November, 7th).

My lecture was in the Agency for Strategic Initiatives place in the Moscow city center. 

And now I’d like to share my impressions from this event. 

The topic had been turned a big attention not only from the project managers, but also from startups. More than 150 persons had been registered from the event. 

It was very interesting discussion after my presentation, and I got a great feed back, and I had interesting observation.

Of course, I didn’t take the big discovery, just said about my view point and a lot of things are always known, but practically I think people don’t quite use it. 

Discussion after lecture was very interesting. The people told about their situations and asked how could they use these secrets? I asked for these questions and I hope it was useful for them. 

Some persons from startups said that it’s not about them, it’s only about classic story, about some government projects, etc.

But I think it’s a very important to startups. And we talked about it too.

For example, maybe some weeks ago I saw in the linkedin a post with the questions from one startups. These questions was about functions for their product. I was really surprised to see how people don’t know what to do and think only about functionality which have a lot of the same platforms. 

For me to know how the people are working in the different companies with different projects was very interesting and useful too, because now I know that all these secrets is important, but maybe they need more explanation and instruction how could they be used.

Because of that now I’m working on the practice online course about it. 

 

Posted on: February 19, 2019 02:53 PM | Permalink | Comments (8)
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