Project Management for Value Creation

Choose a project that creates real value for a customer, whether a product, service, or piece of one. Then, compare it to the org chart representing where people sit daily.

Determine how many teams the project touches, and consider the cost of ownership, speed, and coherence handoffs.

Consider if an organization is a series of projects with a defined scope and resources. Your day-to-day value-creation structure and workflow are the same, with nothing but projects.

Identify what has been implicit at every level, from the organization to the team to the individual.

Conduct scenario planning and define your purpose and essential intent.

Ask your colleagues to design a competitor to bury you, and use their enthusiasm to drop the org debt.

Allow teams to take ownership of their local strategy and operations.

Create space for the emergence and harness the full potential of your team.

Ask critical questions about your current strategy. How it informs your purpose, and what factors are essential to your success. Recognize that sound strategy depends on your ability to perceive what’s happening, learn, and adjust course.

Have the discipline to make bets in good and…