Thriving in a Competitive Marketplace
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The document discusses how organizations can thrive in a competitive marketplace. It argues that to thrive, organizations need to focus on their people, purpose/vision, quality, and community in addition to money and shareholders. Examples are given of companies like Herman Miller and Steelcase that prioritize sustainability and being good corporate citizens. The document provides ideas on how to thrive such as managing project portfolios effectively, creating diverse teams, collaborating across silos, and gaining frequent feedback.
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Thriving in a Competitive Marketplace
- 1. Thriving in a Competitive Marketplace Johanna Rothman New: Manage Your Project Portfolio: Increase Your Capacity and Finish More Projects @johannarothman www.jrothman.com jr@jrothman.com 781-641-4046 © 2011 Johanna Rothman
- 2. What Does it Mean to Thrive? Flourish Grow vigorously Realize a goal despite circumstance © 2011 Johanna Rothman 2
- 3. What Does it Take to Thrive? People Product Purpose or Vision Money Quality © 2011 Johanna Rothman 3
- 4. In the Past Shareholders Customers Employees © 2011 Johanna Rothman 4
- 5. If You Want to Thrive Shareholders Community Customers Employees © 2011 Johanna Rothman 5
- 6. © 2011 Johanna Rothman 6
- 7. A Spiky World © 2011 Johanna Rothman 7
- 8. Ideas & Values Shape Our Products © 2011 Johanna Rothman 8
- 9. Ideas and Values... Do you believe the world is flat or spiky? Do you believe the organization stands alone or is a corporate citizen? Do you believe the organization works for its shareholders or its employees or its community? © 2011 Johanna Rothman 9
- 10. There is No One Right Answer © 2011 Johanna Rothman 10
- 11. Some Local Stories... © 2011 Johanna Rothman 11
- 12. Herman Miller A better world This is at the heart of Herman Miller and the real reason why many of us come to work every day. We contribute to a better world by pursuing sustainability and environmental wisdom. ... © 2011 Johanna Rothman 12
- 13. Steelcase We design for social, economic and environmental sustainability. Sustainability is our lens for innovation. © 2011 Johanna Rothman 13
- 14. Bissell BISSELL's commitment to sustainability is an extension of our rich history of innovation and continuous improvement. © 2011 Johanna Rothman 14
- 15. One of Our Sponsors © 2011 Johanna Rothman 15
- 16. Other Sponsors Share Community Values © 2011 Johanna Rothman 16
- 17. Sometimes, It’s Government Intervention © 2011 Johanna Rothman 17
- 18. Civil Rights Act of 1964 Changed the want ads in 1971 Changed employment applications in 1975 Fascinating consequences for the world of work Look around you... © 2011 Johanna Rothman 18
- 19. Every Single Time We Work for the Good of the Greater Community,We All Benefit © 2011 Johanna Rothman 19
- 20. What Can You Do? “But, JR, I’m just a ___ . What can I do?” Personal courage Work as if the world is spiky and flat Organization is a corporate citizen Organization shares responsibility with the community Unless you are a senior manager, take small steps and be happy with them. I want you to keep your job. © 2011 Johanna Rothman 20
- 21. Some Constraints Assist Innovation; Over-Constraining the Problem Does Not © 2011 Johanna Rothman 21
- 22. False Constraints that Damage the Ability to Thrive Multitasking “Do More with Less” All symptoms of management debt, of not managing the project portfolio © 2011 Johanna Rothman 22
- 23. Which Constraints Assist Innovation? Those that assist the flow of ideas Those that create more quality in the product Technical and management leadership © 2011 Johanna Rothman 23
- 24. Because Those Constraints Appeal to Our Mastery, Purpose & Autonomy © 2011 Johanna Rothman 24
- 25. A Competitive Marketplace Demands new ideas Demands quality Allows for serendipity © 2011 Johanna Rothman 25
- 26. Remember Moore’s Chasm © 2011 Johanna Rothman 26
- 27. Some Ideas © 2011 Johanna Rothman 27
- 28. Manage Your Project Portfolio Eliminate multitasking Decide which project is #1, #2, #3 for now Iterate on that decision periodically Don’t be afraid to change your mind as projects deliver Because it doesn’t matter how many projects you start. It matters how many projects you finish © 2011 Johanna Rothman 28
- 29. Create a Diverse Team Cross-functional diverse team of diverse background Diversity in Domain expertise Personality If no one knows they can’t do it, they will © 2011 Johanna Rothman 29
- 30. Use Agile or Lean Where You Can Ideas are key to thriving Fail fast Use timeboxes to experiment Consider kanban to move features through © 2011 Johanna Rothman 30
- 31. Bring in New Ideas Talk to people outside your small group Cross-pollinate Get your creative juices flowing and see where the serendipity leads you... © 2011 Johanna Rothman 31
- 32. Consider Your Community Who is your customer? Consider your community as part of your customer base Consider shared value as one of your corporate values © 2011 Johanna Rothman 32
- 33. Don’t Allow Time for Technical Debt With real competition, you need to test products or prototypes not junk Do you know what done means? Acceptance criteria on features Release criteria for releases Developers and testers work together © 2011 Johanna Rothman 33
- 34. Collaborate as Teams Market competition means no time for silos or zero-sum games at any level. Internal collaboration is key. Work on the highest ranked project first Work on the highest ranked feature first Swarm around features Developers and testers and writers and BAs and whomever are partners © 2011 Johanna Rothman 34
- 35. Build in Frequent Feedback Feedback for your work Retrospectives for the team © 2011 Johanna Rothman 35
- 36. Thriving Amid Competition is Tough You will have to think... People are key Lots of ideas and serendipity help Use every single person you have Build on your successes Learn from your mistakes Involve a larger community © 2011 Johanna Rothman 36
- 37. Read More... Thomas Friedman’s The World is Flat Dan Pink’s Drive Richard Florida’s Rise of the Creative Class, Flight of the Creative Class Porter and Kramer, Creating Shared Value in HBR, January 2011. © 2011 Johanna Rothman 37
- 38. There’s More... on jrothman.com (articles, newsletters, blogs) @johannarothman Want me to stay in touch with you? Sign up for my email newsletter at http://www.jrothman.com/ pragmaticmanager. Or give me your card. Or fill out a yellow form. © 2011 Johanna Rothman 38