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PM Unusual - PMI Northern Alberta
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PM Unusual - PMI Northern Alberta Presentation Transcript

  • 1. PM Unusual: The Three Key Challenges Facing Project Managers for the Next Five Years Kris Reynolds, Project Management Practice Leader The Persimmon Group
  • 2. 3 Key Challenge Pairs • Technology and Globalization • Workforce and Culture • Risk and Innovation
  • 3. Technology and Globalization • Goal: Every person around the globe should taste at least one Apple product • Forced to move into International Markets quicker than planned
  • 4. Workforce and Culture • Non-traditional culture with barefooted Steve Jobs • “Don’t make perfection an excuse for not moving faster” • Goal: To be the most admired company in the world and the most lovable brand people ever used
  • 5. Risk and Innovation • New markets for current products (i.e., education) • Change market conditions (iTunes) • Took significant risk moving out of computer and software industry
  • 6. TECHNOLOGY AND GLOBALIZATION
  • 7. Change Happens Fast
  • 8. Internet 1991—WWW born 1995—16 million users 2005—1 billion users – 2013—2.4 billion users (140% increase) Cell Phone 1980’s—cellular networks born 1995— 91 million users 2005— 2 billion users 2013— 6.8 billion users (340% increase)
  • 9. IT Infrastructure Build-out Phone/Web Infrastructure Enterprise E-Mail Office Software License File Sharing 2006 $22,000 $25,000 $25,000 $100,000 The ability to do all this business now for $300 of less?
  • 10. IT Infrastructure Build-out Phone/Web Infrastructure Enterprise E-Mail Office Software License File Sharing 2006 Cloud Computing $20-$300 Gmail Free Google Docs Free Freemium Service (Dropbox) Free $22,000 $25,000 $25,000 $100,000 PRICELESS Now
  • 11. The Emergence of Social Media 0 200 400 600 800 1000 1200 2008 2009 2010 2011 2012 2013-2014
  • 12. The (Newest) Emergence of Social Media • Vine – Launched in 2012 – 13 millions users in September 2013 – 40 million users as of March 2014 • Snapchat – Launched in September 2011 – ~26 million U.S. users – 700 million snaps/videos sent per day
  • 13. Follow me and my #donut I like/share my donuts This is how I eat a donut in 6 seconds Here’s a vintage photo of my donut Watch me and my donut My skills include donut eating Here’s my grandmother’s donut recipe Quick, look at my donut before it disap…
  • 14. A Star is Born (Through Social Media) • Discovered on YouTube (2008) • 1st to have a million Instagram followers • Most searched person on Google 2011 and ranked #4 in 2013 • 922,746,067 views on YouTube in 2013 • Ranked #2 with 49.6 million followers on Twitter in 2013 • 63.1 million Facebook likes in 2013 • Holds minority stake in Spotify and Stamped (2013)
  • 15. So how far have we come?
  • 16. 1994 2014
  • 17. 1994 2014
  • 18. Gen Y 1994 2014
  • 19. 1994 2014 Gen X
  • 20. 1994 2014 Baby Boomer
  • 21. Are you ready? If you aren’t prepared to change… be prepared to be passed by
  • 22. Dynamic
  • 23. Agile
  • 24. Adapt
  • 25. WORKFORCE AND CULTURE
  • 26. WOULD RATHER HAVE INTERNET ACCESS THAN A CAR 56% WOULD TURN DOWN A JOB OUTRIGHT IF THE COMPANY BLOCKED SOCIAL MEDIA 45% WOULD TAKE A LOWER- PAYING JOB OVER A HIGHER- PAYING JOB IF IT MEANT BETTER SOCIAL MEDIA ACCESS CBS News report, Cisco Connected World Technology Report, HotHardWire, Great Place to Work Institute Generation Y
  • 27. Social Media in the Workplace • Blocking social media access is a costly exercise that simply doesn’t work. • Employee use of social media in the workplace doesn’t necessarily adversely affect productivity. • There are distinct advantages to allowing -- and even encouraging -- employees to use social media sites while at work. The future of business is a networked future. Employers who figure out the right balance will be more competitive. Those that don’t will be left behind.
  • 28. The Changing Workforce 63% of employees are engaged in their work. While 20% are passive engaged and 17% are actively disengaged.” (GALLUP, 2013) 56% of the global workforce feels undervalued by their employer. (Kelly Global Workforce Index, 2012) 66% of the workforce intend to look for a new job with another organization in the next year. (U.S. News, 2013)
  • 29. Shared purpose Trust Conflict Cornerstones of High Performing Teams Respect
  • 30. Football players: 43 hours How many hours a week do college athletes spend practicing their sport? Baseball players: 42 hours Basketball players: 39 hours Hockey players: 37 hours
  • 31. How much time are you “practicing”? • Starters Reps • Bench Strength • Playbook • Drills
  • 32. Generational Navigation
  • 33. Generational Navigation
  • 34. Generational Navigation
  • 35. Generational Navigation
  • 36. Flexibility Adaptability Agility Versatility Discipline • Leverage Generational Differences – Pilot teams – Mentor vs. Manage – Motivate through Gen drivers • Innovate the “how” we work together – Roles - not Titles – Flatten the org – Manage to objectives not procedures
  • 37. RISK AND INNOVATION
  • 38. Technology Risks • Security breaches • Poor company image • Employment decisions • Loss of interpersonal communication skills • Maintenance costs • Dependency
  • 39. What Is Innovation? INNOVATIONGenerating and Implementing Ideas that Add Value to Your Organization Creativity Innovation Improvement
  • 40. Page 41 The Vicious Cycle INNOVATION ATTEMPT Damage to Reputation Loss of Time Loss of Money Loss of Morale Damage to Reputation Loss of Time Loss of Money Loss of Morale RADICAL COURSE CORRECT RISKOFNOTINNOVATING RISKOFINNOVATING
  • 41. Innovation on a Project Working with Customer to Gather Requirements Risk Identification Risk Response Planning Change Order Evaluation Status Reporting Meetings Personal Productivity System Today’s Projects Tomorrow’s Projects Working with Customer to Gather Ideas Anticipating Consumer Reaction to Your Project’s Product Applying New Technology to Your Project Applying New PM Methodologies to Your Project Meeting Constraints Other than Time, Scope, Cost
  • 42. Top 10 Project Management Trends for 2014 1. Portfolio Management 2. PM’s Get a Virtual Education 3. Agile Expands in Asia 4. Firm Seek Training Help 5. “Servant” Mindset Gains Traction 6. Benchmarking Takes on Greater Urgency 7. Performance Scrutiny Intensifies 8. Filling Key Jobs Gets Harder 9. Managers Will Lead Instead of Manage 10.Project Based Learning
  • 43. Take-Aways Email: krisreynolds@thepersimmongroup.com LinkedIn: Kris Reynolds Twitter: @krisreynoldspmp Technology and Globalization Workforce and Culture Risk and Innovation Kris’ Contact Info