These tough times are different from past recessions in that “visibility is low”. What I mean by that is that it is not just a matter of seeing that sales had declined a certain amount, or that certain costs had reached a certain amount; it is not just that there is a general slimming or pruning of weaker competitors across the board. The problem is that it is very hard to predict with any reasonable level of certainty what is going to happen next and, thus, we find ourselves driving through our challenges “with low visibility”.
Search Results for business+conditions
3 Approaches for Project Management When Visibility Is Low
March 5th, 2009 · 1,099 Comments
Tags: Project Management Process
A Golden Rule In Tough Times
February 4th, 2009 · 31 Comments
In these tough economic times, it will be quite a challenge for so many of us to make it through the year with a strong financial performance. I have been thinking about what some of the keys are to ensuring that 2009 is a solid year. The best conclusion I have is that the customer is king. Here are my thoughts.
Tags: Soft Skills
Cooperating With the Inevitable In Your Projects And Programs
January 13th, 2009 · 468 Comments
Often times, in the day to day course of business, as well as life in general, we resist certain conditions if they are not favorable in some way to us. I would call this less resistance to change and more a matter of not accepting the inevitable.
Tags: Project Management Process
Check Your Assumptions
January 6th, 2009 · 418 Comments
In managing a project or program, we start with an objective, work in the details, get buying, put together a schedule, and implement. Of course, that is a very simplified version of what happens in project and program management but…
Tags: Project Management Process
Business Models and Project Management
January 3rd, 2009 · 26 Comments
An important consideration for any business is to think about whether or not its business model is effective. Presumably, any business will have at least a somewhat effective business model because if they did not, they will not be able to stay in business for long. How does the concept of business model impact project management?
Tags: Project Management Process
Project and Program Management: Tapping into the upper management perspective
October 21st, 2008 · 793 Comments
Though I have not heard it made official all indications are that we are in recession. This appears to be not just for the United States but for much, if not most, of the rest of the world. The cause of this recession, of course, is the credit crunch and all issues surrounding that. So the big question is, “What can project and program managers do to cope with this recession?” I have some thoughts, and for reference have tapped into ideas of Jack and Susie Welch.
