In a recent blog, TOP 3 WAYS TO RETAIN IT PROJECT TALENT AND HOW TO REMAIN EFFECTIVE WHEN YOU CAN’T I shared a Director People’s story of how a candidate had flipped this perennial interview question and asked, “Where does the company see me?”
There must be something in the air! This week, another HR Director called to canvass my thoughts – An applicant had trumped this by asking … WHERE DO YOU SEE THE IT PROJECT MANAGEMENT INDUSTRY IN FIVE YEARS?
Great question! BIG QUESTION!
Like us all, the candidate was mindful about the impact of AI, but there’s an exciting prediction from the “Future of Project Management” (a collaborative “living” thought leadership initiative) about where Project Management might fit within organisations by the end of the decade – read on to find out more!
I love this out of office reply from Collette, an IT Project leader who takes herself out of the project portfolio the first Friday and Monday of every March just to have a proper delve into how they do things, assess how aligned their resources and ambitions are, and imagine how they could operate better. A Spring Clean – what a great idea.
IT PROJECT MANAGEMENT CAPABILITY ASSESSMENT
We measure how successful our projects are all year round, in terms of Return On Investment (ROI), budgets, delivery times met, etc but an IT Project Management Capability Assessment checks in on how effective the delivery frameworks and processes that underpin project success are.
Interesting perspective from a Chief Experience Officer, Sandy, on how her organisation is making decisions – “we’re like a car that’s forgotten it has a steering wheel and more than one gear”.
I love this metaphor. I can see the car missing turn offs and short cuts and the noise and smoke from driving along in first gear!
What she means is that when the project team faces a challenge, or has a strategic decision to make, instead of weighing up what the problem really is and what would be best, it is culturally beholden to the in-house resources it already has at its disposal.
Sandy thinks it may be a hangover from the pandemic.
I suppose we all managed with what resources we could lay our hands on, became insular in our thinking, even adopting a scarcity mindset as we adjusted to the changing reality.
Despite the slow economy and provisional estimates which suggested lower mergers and acquisitions (M&A) activity at the start of 2023, there were 365 mergers and acquisitions involving UK Companies during Quarter 1 (Jan to Mar) 2023 according to the Office of National Statistics.
There were inward M&A (foreign companies acquiring UK companies) in Quarter 1 2023 was £12.7 billion; and the total value of outward M&A (UK companies acquiring foreign companies) in Quarter 1 2023 was £2.9 billion.
David writes blogs based on his many years in Project Management and also on ideas from the team here at Stoneseed. Light-hearted, insightful and funny, David’s blog cover all things Project Management, Leadership, Best Practice, PMO, Business Analysis and of course Project Management as a Service.
Most IT Project Management teams are masters of the technical aspects of the project – all the i’s are dotted, and the t’s are crossed, the business case is clear and delivered (on paper at least) but what about the people who you need to implement your project on a day-to-day basis?
With the UK economy stuttering, businesses are having to react and become more resilient, leaner and more efficient. We are seeing a growth in the number Business Change projects, stoking demand for Business Analysis skillset.
IT Projects are perfectly placed to shape the future of business as we emerge from this pandemic
Businesses need to be leaner and more innovative.
It’s time for IT Project teams to say, “Hold our coffee, watch us do our thing” – this is our moment.
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