Assign a single capable person to serve as Project Manager (PM) responsible for the entire project through to completion if one is not already assigned or if the one assigned has proven ineffective. The PM should be someone who has previously been successful in similar circumstances in terms of project scope, scale, and complexity. If someone with requisite experience is not available to serve as PM then arrange for the experienced person to serve as a close adviser to the PM until a new plan is in place and performance relative to the new plan is on track.
Have the PM work with the client, the project team, management, and advisers to pull together a revised plan.Review the plan thoroughly with the PM, the project team, and with outside stakeholders, including the client, to be sure the path to completion, all the way through to client acceptance, is well formulated, understood, agreed to, and sensible.
Bankers and investors want to know how things will turn out with a high degree of certainty in order to manage downside risk. Consequently, organizations that take professional money learn to conservatively state what they will accomplish to have a high probability of achieving plan ith intelligent goal setting. When actual results exceed plan there is cause for celebration as suggested by the under-promiseandover-deliver lines graphed in Figure-1. Continue reading How to Aim High and Do Better with intelligent goal setting.→
Learning to Get Help or to work with outsiders is one of the top two factors that account for success in maturing a start-up into a credible organization on track to long term growth and performance according to a plan.
Early stage CEO’s at first often think it is a sign of weakness to need help and when they finally do experiment with getting help they often find it frustrating ultimately because they misuse those they enlist.
It helps to think in terms of five types of outside support:
Celebrities to draw attention
Advisers to provide best practices and perspective based on experience
Peers to provide mutual support and community
Coaches to provide advice and counsel to increase personal effectiveness
Governors to provide a consistent point of accountability and help with strategy, focus, and access to resources
Whether one wants to change personal habits, implement a new information system, improve a business process, get team members to work together, increase a community’s appreciation for diversity, or even to topple a monarchy, taking seven actions driven by seven disarmingly simple truths will individually and collectively help achieve the goal.
Manage to Lead: Seven Truths to Help You Change the World is a workbook that top educators, consultants, and executives use to help their students, clients, and staffs become effective leaders of strategic change. Manage to Lead serves as the core content for a class in Organization Leadership, Analysis, Strategy, and Development at one of the top Organization Development masters programs in the United States.
The workbook was introduced in the spring as interactive, digital content and is now also available in softcover from Amazon or as an iBook from iTunes. It introduces a straightforward framework to describe and assess any organization and provides a structured approach to plan and implement next steps for an organization as it strives for long-term growth and performance.