Focus on Outcomes Traction Tips A weekly action idea to improve traction on your important initiatives by Stephen Wise. The new and wonderful musical, An American in Paris, is doing the rounds. It weaves multiple love stories with a Jazz and Ballet fusion leading to true love outcomes. Milo falls for Jerry, who's in love with Lise, who is engaged to Henri. Lise shares mutual affection with Henri but falls in love with Jerry. Jerry's friend Adam is also falling for Lise. Lise the ballerina, is oblivious she is the focal point of all the story lines. Despite the complications, true love wins out in the end. In the opening scenes of the musical Jerry sets his strategy to find and win Lise. However he gets lost, becomes indecisive, and is distracted by other interests. Has this ever happened to you in business? Getting lost in the details, uncertainty over the correct next step, or being distracted by new opportunities? Unfortunately, I see it every day. So, here is my guaranteed formula for success. 1. Focus on driving the outcomes 2. Accept Uncertainty 3. Agile Mindset Focus on outcomes Craft a hi-level plan. List the activities required to achieve the desired outcomes. Accept Uncertainty Accept uncertainty. Our ability to achieve goals proscribed in the plan can vary significantly. Agile Mindset Re-work your plan frequently. Consider changes in the environment and your leanings along the way. Switch around your priorities. re-evaluate desired outcomes to reflect new realities. Weekly Traction Action Fuse the improvisation of Jazz with the perfection of Ballet to manage your corporate outcomes. Your weekly action: 1. Ensure all your desired outcomes have an accessible, hi-level, end to end plan. 2. Schedule regular times to evaluate whether you are on track and make course corrections to get back on track. I recommend or implement these actions all the time on client initiatives. Hopefully, it will work to improve outcomes for you too. I love Email Please send me an email and tell me about if you have success or trouble with this action. I’m always interested to see what can happen out in the wild. Stephen Wise Integration Professionals https://IntegrationProfessionals.com April 30, 2018 By Administrator Account Communication, Methodology, Portfolio Management, Project Management Ideas, Skills benefits, business, communication, culture, leadership, planning, project management, schedule, success 0 Comment Read More >>
Two themes for Portfolio Agility I have seen the future and it is agile. The agile I am talking about is not a tool, or methodology, or a movement. It is the outcome when Project Managers have discussions with Sponsors on how to go faster, or how to beat competitors, or how to win new business. Portfolio management is listing, prioritizing, selecting, and controlling business ideas/investments in the context of the top success drivers and constraints affecting the business. In my experience, many projects are handed to the Project Manager that have risks or budget or schedule issues that the PM can’t even quantify. Unfortunately, these very items are likely to be the root cause of missed expectations, budget overruns or schedule delays. Our challenge is to enter into an ongoing conversation to ensure the right investments are being made at the right time. We need to develop and design a new way of thinking to respond to the needs of the business. Here are two themes to help support this change: 1. Focus on enhancing the collaboration and communication between the person managing the work (Project Manager) and the person who wants the work done (Sponsor). Create visibility anytime and to any desired level of detail. Speed everything up so that we can see business benefits/failures faster. 2. Gain trust by eliminating multiple sources of data/truth by bringing data integrity into the project and program environment. Ensure culture is conducive to increased reporting. Communicate better about those things that people care about. I first head the following from an industry research analyst, “We need better brakes … so we can go faster”. How true! By investing in portfolio management skills and tools to improve communication and data quality, the organizations we support will have improved agility to amplify successes and reallocate resources from underperforming projects. March 25, 2012 By Administrator Account Methodology, Portfolio Management, Project Management Ideas, Tools agile, benefits, collaboration, communicate, communication, culture, data integrity, drivers, failures, fast, faster, ideas, investments, mehtodology, portfolio, prioritizing, project, selecting, speed, sponsor, success 0 Comment Read More >>