Project Manager with the Business Sense

2015 © Rashid Mohiuddin http://www.rashidmohiuddin.com

Project Manager

Rashid Mohiuddin

with

The Business Sense!The Business Sense!The Business Sense!The Business Sense!


AGENDA

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2015 © Rashid Mohiuddin http://www.rashidmohiuddin.com 3

PMI – Talent Triangle ©


83% organizations reported difficulty!

Source: Building High-

Performance Project

Talent, PMI, 2013


Story of a …

Rigidity and a closed

mindset is

unacceptable with the

high pace and

complexity of change.


Know the machine!

An effective PM is like

a chain that joins all

these parts together,

make them move and

produce the results.

And like a chain, PM

needs to be flexible,

yet resilient, and

adaptable to different

people and situations.


How Projects can add value in the above parts of business machine?

R&D

A Basic Model

Operations

Finance Marketing

R&D: Crucial for the

business sustainability,

particularly in the current

environment where

products appear and

disappear very fast. It’s

basically the brain of the

system.

Finance: Ensuring all the

other business parts get the

necessary funds and

resources for functioning.

Also maintains the health of

the system for stability and

growth. It is like heart and

blood of the system.

Operations: Moves the

machine and produces the

results. It has to do things

fast, reliably and at the least

cost. It is like arms and legs

of the system.

Marketing: Selling

function of the business.

Taking the products &

services to the right

consumers and at the right

place and price. Identifies

the avenues of growth for

the business. It is like the

face, voice and overall

appearance of the system.


A Basic Model

New Products & Services

New Process & Methods

Risk Management

Compliance & Controls

Credit Rating

Forecasting & Planning

Efficiency

Productivity

Higher Margins

Business Structures

Customer Engagement

Market Research &

Development

Pricing & Selling

Forecasting


A Project is an initiative…

By the Business

For the Business


Ideas for the PM with

The Business Sense!The Business Sense!The Business Sense!The Business Sense!


Be StrategicMore than Tactical -

Add Pieces Replace Pieces Remove Pieces

Instead of making

milestones activity

based which doesn’t

give any tangible

target, make it

deliverables based.

Measures need to be

tied with the business

objectives, not the

tasks.

Each Lego piece is

important, not in

itself, but for building

the desired object.

The PM needs to see

the bigger picture and

use the pieces.


Project Highway-Join at Entry & Exit

Business Case

Employee

Engagement

Customer

Satisfaction

Parity with

Competition

Transition/Adoption

Systems

Processes

People

Project is like the highway

where we have defined

processes, plans and tracking

mechanism. Ironically from

the business point-of-view,

this is least significant except

the risks. The business value is

more at the Entry and Exit.


Opportunity Action

Materialize

Benefits

Enhanced

OpportunitySecondary

Opportunity

Beyond Risks-Look for Opportunities

How you play with opportunities is

different from the risks. You apply an

action to opportunity to either

materialize the benefits, or enhance

the opportunity or create secondary

opportunities.

Why not have an innovation

register? where we record ideas

on how to do better, or more , or

differently.

Building partnerships with other

teams and suppliers can

generate unprecedented

opportunities.

POCs to overcome the fear of

loss. Fail fast and fail safe.


OR

Our Choice

Businesses are part of our daily lives, we buy and sell

things daily - and projects are integral part of the

businesses. The businesses, the projects and ourselves

are parts of the same system.


PMI–Singapore Chapter

Project Manager with the Business Sense

Leadership & Management

Transcript of Project Manager with the Business Sense