New Trends in Project Management 2014 – Part I: Go Beyond Agile!
- Agile does not mean Agility. A lot companies want to be Agile, a lot are saying they are Agile. We should transform not because we want to be Agile, but because we want to respond to the changing market place! That’s the most important!
- Beyond Budgeting. This is a set of management principles that organisations adopt for taking decision processes. It helps to meet success factors and be adaptive to unpredictable conditions. Some of them are: Values (few clear values and goals not detailed rules and budgets); Transparency (for more see the picture); Organisation (more in the picture), Autonomy (freedom and capability to act not micromanagement); Goals (relative goals for continuous improvement, don’t negotiate fixed performance contracts); Resources (as needed not annul budget allocation); Planning (continuous process not top-down annual event); Rewards (based on relative performance not on meeting fixed targets); Controls (based on relative indicators & trends not on variances against plan).
- Empiricism: Base your decision on what actually happens, not what you want to happen!
- Going Beyond Agile:
- Vision not hallucination!
- Experimentation – do not try to get it right up front
- Adaptability – do you want to be right or successful”
- Relentless focus – have an opinion; invest in what matters
- Reject Quick Wins – at the cost of Enduring Success!
- Educate your executive
- Expand Agility beyond engineering & product management
- Establish a cross-functional Agile Working Group (AWG).
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