PMI Memphis PDD Keynote Presentation The Next Generation of …€¦ · Mastering Project...

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1 Copyright Aaron J. Shenhar, 2012 www.splwin.com PMI Memphis PDD Keynote Presentation The Next Generation of PM Leading Strategic Projects and Having Fun Copyright Aaron J. Shenhar, 2012 www.splwin.com Strategic Project Leadership ® Achieving Business Results In an Aaron J. Shenhar, Ph.D. Professor of Project and Technology Management CEO, The SPL Group and TLI Tel: (201) 323-3246, E-mail: [email protected], and Changing World Next Generation of Project Management? Achieving Business Results

Transcript of PMI Memphis PDD Keynote Presentation The Next Generation of …€¦ · Mastering Project...

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Copyright Aaron J. Shenhar, 2012 www.splwin.com

PMI Memphis PDD Keynote Presentation

The Next Generation of PM

Leading Strategic Projects and Having Fun

Copyright Aaron J. Shenhar, 2012 www.splwin.com

Strategic Project Leadership®

Achieving Business Results In an

Aaron J. Shenhar, Ph.D.Professor of Project and Technology Management

CEO, The SPL Group and TLI

Tel: (201) 323-3246, E-mail: [email protected], and Changing World

Next Generationof

Project Management?

Achieving Business Results

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Operations

Projects

1800s

Agricultural society

1900s

Industrial society

2000s

Information society

Time Industries,Companies,Society

The Increasing Share of Projects

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Most Projects

Don’t Make it

But…

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The Story of Two Modern Projects

Boeing 787Airbus A380

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The Challenge and Opportunity

Importance Weakness Neglect Opportunity

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Copyright Aaron J. Shenhar, 2012 www.splwin.com

Most Projects

Don’t Make it

Why?

But…

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Is it the Project Manager?

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Is it the Tools?

INTD

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Existing PM Knowledge:

What do the Books Say?

If you do everything by the Book,

will your Project be Successful?

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Rate of Growth

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Why Projects Don’t Make it?

�Traditional PM insufficient:

»Focused on meeting time and budget

»Don’t deal with changes & differences

»Don’t deal with business aspects

»Don’t deal with team leadership

�PM is 80% art and 20% science.

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Project Management

as a

Science and an Art

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20% Science

80% Art

It is Time to Turn the

Art of Project Management into Science

WBS, Gantt, PERT,

CPM, PMBOK, ….

WBS, Gantt, PERT,

CPM, PMBOK, ….

Uncertainty, Change,

Context, Flexibility,

Business Focus,

Strategy, Motivation,

Leadership, Inspiration,

Integrity, Trust,

Communication, …

Uncertainty, Change,

Context, Flexibility,

Business Focus,

Strategy, Motivation,

Leadership, Inspiration,

Integrity, Trust,

Communication, …

Current

PerspectiveOur Work

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How to Move the

Science of Project Management

to the Next Level:

Filling-in the Gaps

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The Responsibility of the

Project Leader

(Why we do Projects?)

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Taurus 1

Taurus 2

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Next Paradigm of PMHow do we see a project?

Traditional Project

Management

A collection of activities

that need to be completed

on time and budget

Strategic Project

Leadership®

An organizational process

that needs to achieve

business results

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Strategic Project Leadership®

The New Approach

� Projects are Done for Business Results

� You are the Leader, and Responsible for Project Business Results

� You are a Mini CEO!

� Combine strategic, operational, and human sides of project leadership, and dynamically adapt them to the specific context

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Strategic Project Leadership®

The New Science of PM

Business Focus

Business Focus

Visionary LeadershipVisionary

Leadership

Dynamic Adaptation

Dynamic Adaptation

Traditional PM

Traditional PM

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What the PM Discipline Says?

What is the Reality?

What’s Missing?

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Traditional Project Management

Budget

Time

Scope

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Sydney Opera House

Los Angeles Subway

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Traditional Project Management

Budget

Time

Scope

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Project SuccessProject Success

EfficiencyEfficiency

CustomerCustomerBusinessBusiness

FutureFuture

TeamTeam

Project Success is Multidimensional

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� Project Requirements

� Commitments

� Resources

� Strategy

� Spirit

� Organization

� Processes

� Tools

The SPL Strategic Assets

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� Project Requirements

� Commitments

� Resources

� Strategy

� Spirit

� Organization

� Processes

� Tools

The SPL Strategic Assets

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Project Strategy:

The Missing Link

Project Strategy

Implementation

Project Plan

Business Strategy

The Missing Link

Project Strategy:

What to do and How to do it - to achieve the highest Competitive Advantage and the best Valuefrom the project

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Strategy Components

Business Objective

Strategic Focus

Project Definition

Product

Project

Success and Failure Criteria

Product Definition

Competitive Advantage/Value

Why would the customer buy?

Business Background

Strategic Idea

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� Project Requirements

� Commitments

� Resources

� Strategy

� Spirit

� Organization

� Processes

� Tools

The SPL Strategic Assets

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Project Spirit

Vision

Symbols

Social Activities

Values

Excitement

Motivation

Behavior

Attitude

Team

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Project Leadership Through Spirit and Vision

�Vision: � Exciting expression of goals & expectations � Motto – Is often part of a Vision

� Examples: » BMW – “A muscular car that wants to be driven!”» 3M – “Sticks Around”» “The Beam of Life.”» “Free to Kiss.”

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Building Your Project Spirit

� Exciting Vision

� Defining the Right Project’s Values

� Symbols, Which Articulate the Vision

� Social Activities

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� Project Requirements

� Commitments

� Resources

� Strategy

� Spirit

� Organization

� Processes

� Tools

The SPL Strategic Assets

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Adaptive Project Organization and Process

(One Size Does Not Fit All)

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Projects Differ Based on:

� Project Objectives/Goals

� Uncertainty

� Complexity

� Constraints

� Environment

» …

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Initiation Planning Execution Transition

Revise Requirements Revise Plans

Revise Design

Classical Project Phases

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NoveltyComplexity

Technology

Pace

The Project Diamond

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Pace

Novelty

Technology

Complexity

Later design freezeMore design cycles

Complex organizationFormality

AutonomyTime control

Less market dataLater requirement freezeMore requirement cycles

The Impact of the NTCP Dimensions on Project Management

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The Story of Two Modern Projects

Boeing 787Airbus A380

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Copyright Aaron J. Shenhar, 2012 www.splwin.comThe 787 Project

Array System Assembly

Complexity

Novelty

Technology

Pace

Derivative Platform NTM NTW

Super-High Tech

High-Tech

Medium-Tech

Low-Tech

Regular

Fast/ Competitive

Time-Critical

Blitz

Dr = (Pl, HT, Ar, -)Da = (Pl, MT, Sy, -)

Required style

Actual style

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� Project Requirements

� Commitments

� Resources

� Strategy

� Spirit

� Organization

� Processes

� Tools

The SPL Strategic Assets

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Strategic Project Leadership®

The New Science of PM

Business Focus

Business Focus

Visionary LeadershipVisionary

Leadership

Dynamic Adaptation

Dynamic Adaptation

Traditional PM

Traditional PM

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The Value of Strategic Project Leadership®

Implementing SPL will help you:

» Improve Your Project Efficiency – Complete your

project on time and budget

» Achieve Better Business Results – Create

competitive advantage and win in the

marketplace

» Inspire your team and have fun

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Copyright Aaron J. Shenhar, 2012 www.splwin.com

The SPL Programs

� The SPL Experience – 3 Day Workshop – 26 PDUs

» Strategic Project Leader® Certificate

� The SPL Principles – One-Day Executive Seminar – 8 PDUs

� Mastering Project Leadership & Politics – 2 Days – 16 PDUs

� Next Programs: Right After PMI NA Congress, Oct. 2012

» NYC – 10, 2012; Orlando 12, 2012; Wash. DC – 1, 2013

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The SPL Group

Coming NYC or Vancouver Programs:

http://splwin.com/land/splland1.html