- Future of Work 2.0
- Posts
- Strategy Management for Project Managers (Part 2)
Strategy Management for Project Managers (Part 2)
Ross Martin & Idris Manley
February 25, 2024
In Part 2 of Strategy Management for Project Managers, Idris and Ross discuss objective signs that indicate underperformance within departments or organizations. They explore the challenges faced by operational teams and project-based teams, highlighting the importance of metrics, documentation, and effective leadership in evaluating performance. The conversation then shifts to fostering a strategic mindset within organizations, emphasizing the need for trust, empowerment, and a collaborative approach. The hosts also discuss the evolving nature of work, where projects are becoming the dominant focus due to advancements in automation and AI. They explore the implications of this shift and the need for companies to adapt their organizational structures and embrace change management. The episode concludes with an examination of the alignment between enterprise PMOs and organizational strategy, highlighting the importance of involving PMOs in strategy formation to ensure effective execution. Tune in to gain valuable insights into the future of work and the role of projects in driving business success.
Chapters:
0:00 What Are Some Objective Signs That Your Department/Organization/Team are Underdelivering?
10:41 How Do You Foster a Strategic Mindset in Your Organization?
16:21 The Future of Work is Projects
28:01 Only 41% of Organizations Felt that their Enterprise PMO was Aligned to their Strategy
Key Takeaways:
Trust and Empowerment: Foster a culture of trust and empower your teams to think strategically. Give them the freedom to make mistakes, learn, and self-organize. This will help them develop their strategic mindset and contribute at higher levels.
Alignment with Strategy: Ensure that your project management organization (PMO) is aligned with the overall strategy of the organization. Be involved in the formation of the strategy and understand the context behind the projects you are working on. This will help you make informed decisions and contribute effectively to achieving the desired outcomes.
Shift towards Projects: Recognize that the future of work is shifting towards projects. With the rise of automation and AI, operational tasks will be automated, and projects will become the dominant work. Embrace this shift and focus on developing your project management skills and expertise.
Value Delivery Focus: As projects become more critical to the success of organizations, project managers need to shift their focus towards value delivery. Move away from just managing tasks and activities and start thinking strategically about how your projects contribute to the overall business outcomes.
Continuous Learning and Adaptation: Embrace a mindset of continuous learning and adaptation. Stay updated with the latest trends and technologies in project management. Be open to new approaches and methodologies that can help you deliver projects more effectively and efficiently.
Reply