Drive Success in a World of Change: The Project Economy is one in which people have the skills and capabilities they need to turn ideas into reality. It is where organizations deliver value to stakeholders through successful completion of projects, delivery of products, and alignment to value streams. And all of these initiatives deliver financial and societal value.
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In this conversation, Sunil explores some of the global trends, impacts and opportunities that are reshaping the world as we know it. Organizations and economies around the world are in a race to solve big challenges and ensure their continued relevance – and the ways we are all working must change to accommodate these tectonic shifts. Listen to Sunil’s thoughts on some of the major global trends that are driving The Project Economy.
The Project Economy offers so much rich potential as society optimizes and extends the amazing achievements that technological advance now puts at our fingertips. It is no surprise that disruption accompanies change, and that there can be resistance to that which is different. But if we can view the world through this new, future-focused lens, we can prepare ourselves, our organizations, and our society to make the most of the opportunity.
“Project” is a huge, broad word that has such rich possibilities in terms of helping define how people do what they do and how organizations achieve their goals, create change, and deliver value. We are moving toward not defining work by its features or attributes, but in terms of what needs to get done, and figuring out the best way to do it. We call this The Project Economy.
Using a component-based work breakdown structure (WBS) can enhance your organization’s planning efficiency. Components can be put into a “catalog of components” to be used as “building blocks” to quickly construct a baseline project management plan. Components are a simple solution to give you a starting point and transfer useful knowledge from project to project.
Don’t let an unproductive organizational culture keep you from ensuring your project is successful. Using tactics that leverage your workforce and stakeholders in a special way, you can maintain progress despite obstructions.
As a project manager, you are seen as someone who can influence and support the careers of others. That’s a privilege, and a responsibility. Make sure you know how to handle it.