Intelligent Challenge Management - Learn how to quickly recognize challenges and manage them better.

1. How to QUICKLY RECOGNIZE
CHALLENGES and MANAGE THEM better
Rajiv Kandukuri

2. There was a recent study spanning 5,400 large scale
IT projects and the results were shocking…
17 percent threatened the very existence of the company
7 percent ran over time
Source: McKinsey and Company and University of Oxford
45 percent ran over budget
56 percent delivered less value than predicted

3. Businesses are no exception to this danger either
8 out of 10 new businesses fail within the first 18 months

4. When the odds are stacked up so high against us,
what can we do and where can we look for help?
Intelligent
Challenge
Management

5. Challenges can primarily be categorized into 4 types
Now let us learn what they are?
And how to better anticipate, recognize and prepare for them?

6. Cognitive Challenges
Simply put, these are issues that persist due to
lack of knowledge or know-how
Research
Hiring Paid expertise

7. Detailed project planning
Optimal resource allocation strategy
Proper documentation
Resource Challenges
Such a hurdle stems from lack of resources
including but not limited to people, processes,
money or anything else that is needed to run
your project or business successfully

8. Motivational Challenges
Lack of motivation or initiative
Create a healthy, positive and a rewarding
work environment
Foster employee creativity and growth

9. Political Challenges
This is perhaps the most subtle and extremely complex
challenge of all. It is best described as a challenge born due
to a mysterious gap between organizational ideals/values
and selfish objectives of individuals within a firm.
Building a great leadership platform, by aligning
top management objectives with organizational
values and vision
Emphasize both professional development and
personal enrichment

10. NOTE - By continuously learning to apply a similar thought
process towards personal challenges and hurdles, we may be
able to succeed better in life.
Thank you for watching and sharing…Good luck to you all.
Rajiv Kandukuri