Monthly Archives: December 2019

New Articles posted to the Web #84

BeaverWe have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include:

You are welcome to download and use this information under our free Creative Commons licence.

The problem with paradox

Paradox lies at the center of many business decisions. The problem with paradox is that it’s a persistent contradiction between interdependent elements that resist a simple binary choice, for example, the need to mitigate risk to provide ‘certainty’ and the need to take risks to seize opportunities.

When dealing with most decisions, good managers decide – lucky ones get it right, you make your decision and can move on. Paradoxes are in a completely different place after you have made a decision on how to balance the paradox, the paradox remains – there is no clear-cut solution to the paradox and everyone can have a different opinion based on their view and hindsight!

Our latest article, The problem with paradox describes the problem and suggests some options for living with paradox: https://mosaicprojects.com.au/Mag_Articles/SA1058_The_Problem_with_Paradox.pdf

For more articles on decision making see: https://mosaicprojects.com.au/PMKI-TPI-010.php#Decisions

Strategy in a VUCA world

The traditional view of strategy and the strategic alignment of projects and programs is one where the successful organisation requires its governing body to determine its vision and mission. Then for the governing body and executive management craft a strategy to move the organisation towards achieving its vision.  The resulting strategic plan forms the basis for effective portfolio management, setting the objectives for projects and programs, and providing a framework for measuring their success in terms of their contribution to implementing the strategy and creating value.

VUCA changes this, unexpected things happen and new strategies appear as a consequence of projects and programs responding to VUCA.  Strategy formation has two aspects, one deliberate, the other emergent.

The challenge for PMOs and portfolio management is to engage with the paradox between implementing the strategy and adapting the strategy; and the paradox between allowing sufficient agility and flexibility to maximise value in a VUCA environment without sinking into undirected chaos.  This article offers some solutions to these challenges: https://mosaicprojects.com.au/Mag_Articles/SA1057_Strategy_in_a_VUCA_world.pdf

New Articles posted to the Web #83

BeaverWe have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include:

You are welcome to download and use this information under our free Creative Commons licence.

Team Harmony

Ensuring your team operates as a harmonious unit is a key to project success, particularly if you are managing a diverse virtual team.

The McKinsey 7-S Framework is one useful approach to understanding how your team is interacting. The basic premise of the model is that there are seven internal aspects of an organization that need to be aligned if it is to be successful, this article offers an overview of the framework applicable to project teams: https://mosaicprojects.com.au/Mag_Articles/SA1056_Team_Harmony.pdf

For more articles on team management see: https://mosaicprojects.com.au/PMKI-TPI-010.php#Team2

New Articles posted to the Web #82

BeaverWe have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include:

You are welcome to download and use this information under our free Creative Commons licence.

New Articles posted to the Web #81

BeaverWe have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include:

You are welcome to download and use the information under our free Creative Commons licence.

New Articles posted to the Web #80

BeaverWe have been busy beavers updating the PM Knowledge Index on our website with White Papers and Articles.   Some of the more interesting uploaded during the last couple of weeks include:

You are welcome to download and use the information under our free Creative Commons licence