A Hidden Key to Project Success

June 22nd, 2010

After working on countless projects, I realized that there is a common hiden key to project success – vision. And given how vital delivering bottom line results is in today’s business world, I’ve devoted an article to the topic.

As published in Project Times, “A Hidden Key to Project Success” discusses three main strategies to improve bottom line results: 1) Seeing the integration points and impacts; 2) Seeing the optimal sequencing points & patterns; 3) Seeing potential roadblocks.

I hope you enjoy the article, and I’d love to hear your feedback / insights. When I reflect on those successes which have had the greatest positive impact on my career, it always comes back to “project execution”. I have no doubt that following these secrets to success will yield results.

Retaining Top Talent – Why it Matters

June 11th, 2010

I have seen TOO MANY companies not appreciate top talent. In today’s business environment, there is a shortage of top talent – surprisingly, with high unemployment rates, you’d think it would be an employers market. But for top talent, it is NOT. Actually according to an Executive Recruiter’s speech to my APICS (Association of Operations Management) chapter, it is typically harder to find top talent during a recession as most are unwilling to make a change until the business environment improves. In addition, baby boomers are beginning to retire and employers seem to be distracted by a lack of cash and are not appreciating their top talent. Thus, what do you think will occur at the first sight of improvement in the job market? Yep, those who are the underappreciated top talent will go!

I recently wrote a newsleter feature article on this topic. Retaining top talent and why it matters. To read the full article, click here.

Accelerate Change Management Results

June 6th, 2010

In order to succeed in today’s business world, it is imperative to become excellent at change management. After all, almost every new project or initiative requires change of some sort. Therefore, the better you become at managing change successfully, the better your bottom line impact.

According to Harvard Business Review, there are six problems that can slow your corporate transformation to a crawl. I’ve listed them below, along with a few hints on how to resolve:

1. Cautious management culture – need to confront reality and agree on ground rules for working together
2. Business-as-usual management process – run a no-slack launch on a parallel track with regular systems; make sure there are early, visible victories
3. Initiative gridlock – limit to 3-4 initiatives
4. Recalcitrant executives – compress launch to quickly engage key executives & to identify & confront those not on board
5. Disengaged employees – rapidly cascade the changes to all employees to boost engagement
6. Loss of focus during execution – anticipate and defuse postlaunch blues, midcourse overconfidence, and the presumption of perpetual motion

As this is an important subject, I’ve written several articles over the years on the topic. A few of my favorites are the following: Transform Crisis into Real Change and Secrets to Successful Change Management.