Program Manager Competencies

Program Manager Competencies

Today’s organizations are structured through many time-limited programs that transform organizational strategy into action. These programs necessitate a visionary mindset to align program goals with the organization’s strategic objectives. While project managers direct project work, they ensure individual projects align with program goals. Thus, program managers see their role as strategic and play an important role in managing the implementation of the organization’s strategic objectives by ensuring that the overall mission is met through the successful completion of planned programs. 

Core Competencies of Program Managers

There are many similarities between a good program manager and a good project manager. However, a program manager must have broader organizational knowledge than a project manager. In addition, programs frequently necessitate strategic visioning and planning skills to align overall program goals and benefits with the organization’s long-term goals.

Here are the top ten core competencies of Program Managers:

Top 10 Core Competencies of Program Managers

Top 10 Core Competencies of Program Managers

1. Leadership and Teamwork

The program manager is the team’s leader and is accountable for the program’s overall success. As a result, it is critical to have a clear vision and the ability to communicate it effectively to all employees, whether charismatic, supportive, or inspiring. The program manager’s strong leadership provides direction, builds morale, and inspires the program and project teams. 

As the team leader, the program manager is responsible for engaging all team members and fostering collaboration, individual commitment, and accountability. A program manager must decide which tasks can be assigned and who can delegate them. Understanding what to delegate and how to delegate is critical.

2. Planning and Organizing

Programs frequently necessitate strategic visioning and planning skills to align overall program goals and benefits with the organization’s long-term goals. Therefore, the program manager must be skilled at planning and organizing for the best outcomes. Aside from the program schedule, creating a Work Breakdown Structure (WBS) for the program at the summary level is critical. It also allows control accounts to manage cost, schedule, and scope. In addition, a well-designed Work Breakdown Structure (WBS) helps organize the team at the start of a program and makes change management easier.

3. Communication

A program manager must be a good communicator. Effectively moving information between project resources is critical to a program’s success. To ensure the success of the team and project, the program manager must be able to negotiate effectively and use persuasion when necessary.

Thus, effective communication entails breaking down barriers within and across projects and functional departments.

Communication “hard skills” include gathering and disseminating performance data, such as status reports, progress measurements, and forecasts. In addition, the program manager must communicate effectively with the program and project teams, top management, and stakeholders. For the project’s success, vertical and horizontal communication must be fluid and transparent.

4. Ethics and Ethical Values:

One of the key aspects of effective program management is ethics.

The Code of Ethics & Professional Conduct emphasizes ethical values such as trust, honesty, accountability, respect, and fairness—these five values foster team harmony and professionalism, which leads to project success. Building trusting relationships across cultures, time zones, teams, and departments aids in the smooth operation of projects.

Trust is the common thread that connects different cultural differences, disparate work cultures spanning multiple time zones, team members with different behaviors, and departments with distinct objectives. A project leader must grasp this and cultivate trustworthy relationships.

Treating people fairly and demonstrating responsible, ethical behavior toward subordinates creates a working environment where employees feel safe, protected, and confident that there is no room for injustice or discrimination.

5. Internal and External Stakeholder Engagement

The program manager must be able to focus on both internal and external stakeholders simultaneously. Identifying and documenting all individuals or organizations impacted by the program and its projects and pertinent information about their interests and involvement significantly impacts program and project success. This process enables dealing with internal stakeholders (other project managers, senior managers, and the like) and external stakeholders (other agencies and regulators). 

6. Political Understanding

Another skill that the program manager must have is the ability to understand the organization’s political environment. This understanding includes the political aspects of networking and strategic thinking to make the best decisions. With a solid understanding of the political environment, the program manager must form positive relationships to realize the program’s full benefits when the activities are transitioned to gain leverage and buy-in for overall program success. According to PMI’s The Standard for Program Management, well-managed stakeholder expectations and established buy-in can ensure program success. Knowing the firm’s working dynamic and environment is critical to the program manager’s success.

7. Knowledge management

A successful program manager should have a solid understanding of the organization and its business practices and familiarity with the technologies used in the program’s projects. In addition, program managers must have “hard skills” such as technical expertise and detailed cross-functional knowledge. This knowledge keeps the PM from being unduly influenced by functional experts who either have a plan or make decisions based on limited information. 

 The program manager is responsible for interpreting, implementing, and reviewing program policies, procedures, and requirements and communicating these to all program team members and project managers.

8. Financial Management

In today’s environment of scarce and competitive resources, program managers must understand how to finance their programs with speed, economy, and efficiency. Program managers are in charge of budgeting and calculating the return on investment (ROI). Therefore, they must be familiar with the program’s financial aspects to keep the budget under control at all times. In addition, they will be required to make decisions that will directly impact the budget and ROI for all projects within the program; therefore, program managers must be knowledgeable about the financial issues involved.

9. Risk management

Program management works tirelessly to reduce business risk. However, a project with no risk has little potential for reward. Effective risk management necessitates identifying risks, assessing their potential for harm, and developing plans to address the threats. Program managers are in charge of gathering all risks from functional teams and leading the team through a risk analysis exercise to determine which risks are program-level and project-level.

The program risks are then classified and prioritized based on their potential impact on the program. Finally, a similar exercise is performed to mitigate project risks throughout the life cycle to reduce overall program risk. 

10. Project and Process Management

Transitioning from project management to program management necessitates a greater emphasis on the horizontal domain and less on technical capabilities. This action requires the program manager to prioritize strategic efforts over tactical skills, which can be delegated. Therefore, the program manager must have excellent project and process management skills, ideally with prior project management experience.

Managing program complexity through efficient and effective project management is critical for program management. Program management imposes structure and provides a framework that breaks down the complexity of managing a group of dynamic, time-limited projects into more manageable and cost-effective elements. This framework is critical for planning, scheduling, budgeting, and quality control. In addition, a program manager with strong core project and process management competencies can successfully lead between and across multiple projects.

Leadership Styles for Future Project/Program Managers

One of the potential success factors for both program and project managers is leadership style.  A project manager can become a great project leader by understanding leadership styles and their impact. As a result, the program and project managers must determine the best leadership style for each project team. Some of the most common project management leadership styles are:

Leadership Styles for Future Project/Program Managers

Leadership Styles for Future Project/Program Managers

 1. Coaching leadership style

The coach’s leadership style is one of the most advantageous to employers and employees. But unfortunately, because it takes more time than other types of leadership, it is also one of the most underutilized.

2. Visionary leadership style

A visionary leadership style is advantageous for small, rapidly growing, and larger organizations undergoing transformations or corporate restructuring.

3. Servant leadership style

Servant leadership is an excellent leadership style for organizations of any size or industry, but it is especially common in non-profits. These leaders excel at boosting employee morale and reinvigorating employees’ interest in their work.

4. Autocratic leadership style

Autocratic leadership can benefit organizations with strict guidelines or industries that rely heavily on compliance. It can also benefit employees who require extensive supervision, such as those who need more experience. However, this leadership style can stifle creativity and make employees feel confined.

5. Laissez-faire leadership style

Unlike autocratic leadership, laissez-faire leadership focuses on delegating many tasks to team members and providing little supervision. Furthermore, because a laissez-faire leader spends less time managing employees, they often have more time to devote to other projects.

6. Democratic leadership style

The democratic leadership style is a hybrid of autocratic and laissez-faire leadership styles. Before making a decision, a democratic leader solicits and considers feedback from their team. This style is frequently credited with increasing employee engagement and workplace satisfaction because team members believe their voices are heard, and their contributions are valued.

7. Pacesetter leadership style

One of the most effective ways to achieve quick results is to set the pace. Pacesetter leaders are mainly concerned with performance, frequently setting high expectations and holding their team members accountable for meeting them.

8. Transformational leadership style

Like the coaching style, the transformational style emphasizes clear communication, goal-setting, and employee motivation. However, the transformational leader is motivated by a commitment to organizational objectives rather than putting most of one’s energy into each employee’s goals.

 9. Transactional leadership style

A transactional leader, similar to a pacesetter, is laser-focused on performance. Under this leadership style, the manager establishes predetermined incentives, usually monetary rewards for success and disciplinary action for failure. However, unlike pacesetter leaders, transactional leaders are equally focused on mentorship, instruction, and training to achieve goals and reap the rewards.

10. Bureaucratic leadership style

Bureaucratic leaders, like autocratic leaders, expect their team members to adhere strictly to the rules and procedures. The bureaucratic style focuses on fixed duties within a hierarchy. Each employee has a set list of responsibilities, and collaboration and creativity are not required.

Adapting Agility during Digital Transformation

Thriving in today’s competitive environment is a difficult task. Businesses must find ways to keep up with the trends as almost every industry is rapidly evolving, fueled by technological advances. As a result, many adopt an agile mindset to remain sustainable and efficient.

The ability of a company to change or adapt quickly to market changes is referred to as business agility. The idea is to manage operations and resources flexibly and responsively to maximize business value. Concurrently, digital transformation is upgrading business processes using modern technologies to improve performance and overall efficiency.

Based on the agile project management philosophy, the business approach is gaining traction among forward-thinking organizations. It enables them to recognize and capitalize on potential opportunities ahead of the competition. Companies concentrate on three key areas for improvement: 

• Strategy

• Organization

• Operations

Business agility is no longer an option in the age of digital transformation. Instead, it is an essential component of any successful business. As technology changes the world at breakneck speed, the program manager must be adaptable and develop alongside it.

Are Program Managers adapting to the agile environment?

Traditional project management entailed following a pre-defined plan to achieve pre-defined goals. However, in an agile environment, the concept of “done” is rapidly becoming obsolete. So, what does it take to manage projects effectively with constantly shifting requirements?

• Managers must first understand their organization’s goals when implementing agile workflows.

• Following that, they must reconsider their success metrics: rather than meeting a predetermined budget, timeline, or scope of work, project managers should focus on metrics such as development cycle time and the proportion of decisions made based on objective data.

• Finally, agile project managers must continuously examine their processes and seek to adapt and improve themselves to meet the evolving needs of their customers and coworkers.

Skills for a Hybrid Working Environment

Flexibility takes many forms as the world enters the “new normal” of business. However, the new flexible work models present some difficulties. To be successful in hybrid work, specific skills are required.   Here is a list of five skills to concentrate on as you prepare for the new work environment.

Skills for a Hybrid Working Environment

Skills for a Hybrid Working Environment

1. Technology and Processes

2. Online Security

3. Communication

4. Team-Building

5. Leadership

Every organization’s flexible work patterns look different. Additionally, there is no “one-size-fits-all” approach to implementing a hybrid work model. But, regardless of the circumstances, one thing is certain: training will be critical to your success.

Relevant information is critical. The right delivery methods are also important if you want them to stick. Finally, reaching and engaging your employees is critical to providing meaningful training. Use the best digital solutions to level the playing field for both in-office and remote employees. No matter where your employees are, the right approach will set them up for success.

Significance of Upskilling Project/Program Managers  

Project/Program managers are valuable professionals who can work in various industries. It is frequently a highly sought-after position with numerous responsibilities. According to a study by PricewaterhouseCoopers, project management is critical to business performance and organizational success for 97% of organizations.

To ensure that a project management career takes off, one must have a mix of technical and soft skills. The top eight skills are listed below.

Significance of Upskilling Project/Program Managers

Significance of Upskilling Project/Program Managers

• Leadership  

• Budgeting 

• Communication  

• Time Management  

• Risk Management

• Problem Solving

• Organizational  

• Planning 

The world of project and program managers has changed significantly in the last few decades, with increased competition and the drive for efficiencies forcing companies to work differently. As project managers advance in their careers, they gain experience managing multiple related projects and making decisions that advance strategic and business objectives. As employers seek program managers to support the organization’s strategic goals, PgMPÂŽ credential holders will have a distinct advantage in employment and promotion opportunities over their peers.

How PgMP aids in gaining program managers’ knowledge

The Program Management Professional (PgMPŽ) certification is a visible indication of advanced experience and skill. As a result, it gives one distinct advantage in employment and promotion. As on 6th June 2024, there are 6,358 PgMPŽ that exist worldwide. The PgMPŽ is intended for professionals who have advanced in their careers and can manage multiple projects to ensure the success of a program. Furthermore, PgMPŽ holders are expected to manage complex tasks across multiple organizations, geographic locations, and cultures.

PgMPÂŽ Certification Benefits

PgMP Certification Benefits

PgMP Certification Benefits

Enhanced Strategic Decision-Making:

The PgMPÂŽ certification equips program managers with the skills to make strategic decisions that align with organizational goals, ensuring the successful integration and delivery of multiple projects.

Improved Stakeholder Engagement and Communication:

Certified PgMPs are trained to effectively engage and communicate with stakeholders at all levels, fostering trust and ensuring stakeholder needs are met throughout the program lifecycle.

Mastery in Benefits Management:

Gain expertise in identifying, planning, and realizing program benefits, ensuring that the program delivers measurable value to the organization and its stakeholders.

Robust Governance Frameworks:

Learn to develop and implement robust governance frameworks that ensure program alignment with strategic objectives, risk management, and compliance with organizational standards.

Also, while preparing for PgMPŽ Certification, you will learn the best practices for conducting your programs more efficiently and achieving great results for your organization. This aspect might assist you in securing better pay and a higher position. In addition, you will be recognized as a certified program manager.

Final Thoughts

Program management will only be effective if the anticipated benefits are realized and effective leadership is at the top. Often, programs fail to achieve the organizational goal due to a lack of management skills in dealing with the program’s complexity and demand. Competence and skills are entirely different concepts, with skills acquired through training and competence referring to the level of proficiency in applying the acquired skills. The skills and competencies of a program manager and a project manager are similar. Still, those of a program manager are expected to be deeper and much more strategic in aligning a series of projects. 

When program managers use their unique perspectives and insight to guide programs in the most strategically advantageous way, they can provide long-term value for the company’s vision and direction. Any organization that manages more than one project at a time will benefit from the assistance of a program manager.

 

Implication Of Organizational Capacity On Project Delivery

Implication Of Organizational Capacity On Project Delivery

Implication Of Organizational Capacity On Project Delivery | Justin Buckwalter | Dharam | Episode 17

Exploring the critical link between organizational capacity and project success, Episode 17 features insightful discussions on key aspects:

1. How does the scalability of organizational capacity influence project adaptability in dynamic business environments?
2. How can organizational capacity influence project risk assessment and mitigation plans?
3. What strategies enhance an organization’s capacity for handling simultaneous or complex projects, and what unique challenges differentiate managing these projects from others?
4. What challenges arise when scaling project delivery capabilities to meet increasing organizational demands?
5. Discuss the influence of stakeholder engagement and communication on leveraging organizational capacity for project success.
6. How does organizational capacity affect adaptability and responsiveness to changing project requirements or unexpected obstacles?
7. How can organizational capacity be measured and improved to optimize project delivery outcomes?

Stay informed and enhance your project management skills by delving into these crucial insights.

🚀 Seize the opportunity to Elevate Your Project Management Career:
– Register for my upcoming PMI Certification Success Story Webinars: https://bit.ly/4aVhrd6 / https://bit.ly/3QeVhKF
– Book an obligation-free consultation session on Project management Career, training, and certifications: http://talktodharam.com
– Discover training offers and certification discounts: https://bit.ly/3jWVepD
– Stay updated with our Q&A series and certification success stories by subscribing to the vCare Project Management YouTube channel at https://bit.ly/2YF0wJl
– Follow my podcasts and interviews with Project Management Experts on YouTube at https://bit.ly/2NDY8wd

Challenges in a Project-Based Economy

Challenges in a Project-Based Economy

People in the Project Economy have all the skills and capabilities required to turn ideas into reality, regardless of the type of project they are working on. It is the process by which organizations provide value to stakeholders by completing projects, delivering products, and aligning with value streams.

Project-based work has well-defined goals, milestones, deliverables, and a start and end date. Projects can last hours, months, or years, depending on the project and business needs. However, the work is focused on business needs and objectives rather than specific roles.

Project Based Work

Project Based Work

Business leaders always want their teams to be agile and nimble. Adopting a project-based work mindset can help them achieve their goals. In addition, according to a recent MIT and Deloitte report, executives are increasingly viewing their workforce as an ecosystem, drawing on the diverse skill sets of their full-time employees and freelancers to meet business challenges.

Business Leaders Need

Business Leaders Need

The Project Economy Has Arrived

The Harvard Business Review Project Management Handbook (2021) by Antonio Nieto-Rodriguez states that:

  • By 2027, nearly 88 million people worldwide are expected to be employed in project management, and the value of project-oriented economic activity is expected to reach $20 trillion.
  • However, research shows that only 35% of global projects are successful, implying that project professionals waste time, money, and opportunity.
  • To capitalize on the new project economy, businesses must adopt a project-driven organizational structure to ensure executives can sponsor projects and train managers in modern project management.

The Rise of the Project Economy

Berkley’s guide states that the rise of the Project Economy will play an essential role in the Future of Work. The following statistics from the below-mentioned survey make this statement more accurate:

  • Almost 80% of executives believe the future of work will be project-based rather than role-based.
  • More than 85% of all highly skilled independent contractors work in the Project Economy.
  • According to the PMI, project-based economic activity will increase by 68 percent, from $12 trillion in 2013 to $20.2 trillion in 2027. Employers will require 87.7 million PM-related specialists by 2027.
PMI Report

PMI Report

  • 89% have at least one project management office (PMO), and 50% have multiple.
  • Project work is expected to increase by 68% in the future, according to The State of Project Management report by Wellingtone.
Rise of the Project Economy

Rise of the Project Economy

Challenges for the whole organization

The world is changing faster than ever, and businesses need help keeping up. However, savvy companies understand that the solution lies in developing and leveraging their people’s most valuable asset.

According to Global Talent Trends 2022 studies, workers are more stressed than ever. Eighty-one percent report being at risk of burnout, and one in five blame working for a company whose values do not align with theirs.

Human resource and project managers face many challenges in the whole organization.

  1. Close Skill Gap

Planning and managing long-term skill development will become more important as people lead longer, more diverse careers. Digital skills are now expected, and knowledge of business processes and related concepts is considered a core competency in every worker’s skill set.

Analytical and critical thinking skills have progressed from the exception to the norm, while interpersonal and leadership abilities are more valued than ever. Yet, many businesses face crucial skill shortages, particularly in retail, construction, real estate, manufacturing, education, medical and health services. According to McKinsey, 87 percent of executives report or expect skills gap challenges in the next few years.

  1. Initiatives to improve hiring

Hiring talented, qualified people has become critical to business success in a world of labor shortages and job-hopping. But it takes work.

  • According to Josh Bersin’s study, 74 percent of businesses in the United States underperform when hiring, and only 60 percent of newly created jobs are filled.
  • Businesses are attempting to attract not only talented but also diverse employees: The State of DEI Efforts report states that Finding various candidates with appropriate qualifications is the most difficult challenge for 43 percent of respondents.
  • Also, Glassdoor’s Diversity and Inclusion Workplace Survey states that 76 percent of job seekers and employees value a diverse workforce when evaluating companies and job offers.
  1. Leadership development

Living in a volatile, uncertain, complex, and ambiguous (VUCA) world has become the norm. Influential leaders must be agile, constantly reevaluate and iterate their leadership practices, and strongly desire to build resilience for the future.

Organizations must adapt to new levels of complexity and ambiguity due to the COVID-19 pandemic’s disruption of the global economy and traditional modes of operation. The recovery from COVID-19 and the long-term impact of its disruption remain unknown. However, many organizations plan to meet their strategic goals and objectives as things begin normalizing. They must be especially cautious in the VUCA world.

VUCA: Companies and managers must embrace versatility, agility, and discomfort to progress. Covid-19 was the year of the phygital revolution – the physical, digital, and online-offline workplace convergence. In such a VUCA environment, managers and companies must be versatile, uncomfortable, collaborative, and agile to progress in a Phygital world. Therefore, every company and leader must be skilled in being versatile, uncomfortable, collaborative, and agile.

  1. Workforce retention

The ‘Great Resignation’ has resulted in historic numbers of people quitting their jobs, with the following industries suffering the most:

  • Leisure and hospitality
  • Trade, transportation, and utilities
  • Professional and business services
  • Education and health services
  • Manufacturing
  • Construction

Businesses are grappling with the issue of how to retain employees. One solution is to provide employees with opportunities for learning and skill-based career growth. However, employees see professional development opportunities as the most important way to improve and change the company culture.

  • The Workplace Learning 2022 Report states that 46% of L&D leaders said upskilling or reskilling was a top focus area this year; internal mobility, career pathing, and employee retention fell toward the bottom.
  • According to The American Upskilling Study 2021 study, 66 percent of workers aged 18-24 ranked upskilling opportunities as the third-most important benefit in evaluating a new job, and 48 percent of workers in the United States would relocate for such opportunities.
  1. Enterprise agility

To thrive in a highly dynamic world, organizations must quickly adapt to changing technology, markets, and customer needs. Enterprise agility denotes a shift away from traditional hierarchical structures and disconnected teams toward an operating model that optimizes strategy, structures, processes, people, and technology.

Rather than being hindered by the relentless pace of change, agile enterprises are more likely to capitalize on emerging technologies and business trends to differentiate themselves from the competition. However, as per a McKinsey report, two-thirds of businesses say they need to prepare for workforce disruptions brought on by technological and market trends.

  1. The transformational potential of learning

Employees and organizations are moving together as they navigate the complexities of a rapidly changing world. Workers must embrace a culture of lifelong learning to remain relevant. The benefits for businesses are evident, with skilled workers becoming more agile and motivated. In addition, Upskilling and reskilling can transform society as a whole, allowing under-represented groups to participate in the economy and be more involved.

  1. Impact of Emerging Technologies

Emerging technologies continue to influence how we live, work, and interact in a world driven by digital solutions. Many technological advancements are beneficial: they increase productivity, make necessary services more accessible, and generally make our lives easier.

Emerging technologies such as artificial intelligence (AI), robotics, the Internet of Things (IoT), blockchain, cybersecurity, and big data can make products and services more widely available, particularly to those currently unable to use them.

Several significant benefits for business processes should also be considered. Businesses already use a variety of digital solutions to attract customers, such as applications and websites. By 2030, approximately 70% of companies worldwide will have adopted at least one type of AI technology, with other emerging technologies being implemented quickly. Thus, technological solutions will continue to automate and innovate our work.

Future Challenges for the Whole Organization

Future Challenges for the Whole Organization

Perspective Competency and Strategic Envisioning

A better approach would be to stop thinking about today’s challenges in terms of ‘project management.’ Instead, we must reframe the question to how we can do our work most efficiently. This also entails abandoning the notion of project management as a technical discipline in favor of viewing it as a collection of skills and disciplines required to complete work today. Christoffer Ellehuus, in the article Succeeding in the Project Economy, outlines four significant components for this phase.

  1. Strategy

Executing a strategy must be rooted deeply in the organization and must be understood by all. The biggest challenge is selecting the right work and eliminating unnecessary tasks. In addition, identifying opportunities for innovation, growth, and value creation are critical areas for improvement.

  1. Work

Work completion necessitates action in three areas: process expertise, workflow management, and innovation. The most challenging priority is managing multiple priorities and interrelated work streams. Project management is a skill that should be developed in every sector.

  1. People

80% of managers see the need to create conditions for leading in an environment of ambiguity. 79% know the challenge of leading through change or transformation as a priority. A significant shift in how leaders approach people management is required to nurture team members and build the capacity to deal with challenges.

  1. Self

A well-developed ability to manage and improve your capacity is immensely valuable. Therefore, the most urgent focus areas are to build creative, problem-solving, and critical-thinking skills.

Understanding Generation Z in the workplace

A new generation brings a new outlook on work. Generation Z is already an undeniable force in shifting corporate culture. By 2025, Gen Z employees will account for 27% of the workforce, bringing their expectations and values. There may be an area where an existing employee’s opinions, ideas, and working patterns vary. So, there should be an area to bridge the gap between the experienced and Gen Z employees.

Bridging the Gap – Experienced vs. Generation Z

Today, younger generations are entering the workforce. At the same time, older employees remain in the workforce for longer due to economic necessity. In the workplace, the experienced and Generation Z employees may have noticed a few challenges and questions to the management while allocating them a task together:

  • Do these coworkers have difficulty conversing with one another?
  • Do they appear to have opposing processes and preferences for completing their work?
  • Have their differences hampered their ability to generate complementary ideas and collaborate on projects from start to finish?
  • Do they find it difficult to relate to customers of different generations and adapt to their expectations?
  • Are they having trouble identifying common motivators for their team?
Challenging Questions For Experienced & Generation Z

Challenging Questions For Experienced & Generation Z

But it might be better if the experienced employee tries to learn about Gen Z’s as they are thoroughly updated on technologies and adapted to hybrid working culture. Some aspects that may build the bond between experienced and Gen Z employees:

  • Gather inputs from each other
  • Live the culture
  • Create opportunities for face-to-face interaction
  • Facilitate frequent peer-to-peer recognition
  • Form cross-generational teams
  • Implement social technology for building relationships at work
Building Bonds Between Experienced & Gen Z Employees

Building Bonds Between Experienced & Gen Z Employees

The Skills Challenges of the Future Workforce

Technology, globalization, demographics, social values, and changing personal expectations of workforce participants are causing a dramatic change in the future of work and the workforce. As per The Future of the Workforce study, there are four significant workforce causes of disruption:

  • Demographic upheaval
  • Ever-present and changing digital technology
  • An accelerated rate of change and business-model innovation
  • The rise of a new social contract
Significant Workforce Causes of Disruption

Significant Workforce Causes of Disruption

To survive the hypercompetitive, fast-paced future of work, an organization must be laced with strong interpersonal connections across a diverse workforce. In the aspect of a better workforce in the future, the employees need to necessitate the combination of four key work skills:

  1. Digital tools and technological abilities
  2. Good understanding of analytics and data
  3. Business management abilities
  4. Design and creative abilities
Key Work Skills to Survive

Key Work Skills to Survive

Get adapted to change

The projectification of work has rapidly shifted the nature of most professionals’ work, moving away from routine operations and decisively toward project leadership. In this new world, executives must answer three critical questions.

  • Is your organization prepared to thrive in the project-based economy?
  • Do professionals in your organization have the necessary adaptive mindset to carry out critical projects?
  • Do your project managers have the business skills to prioritize competing workstreams and align with shifting business priorities?

The way forward

Great projects don’t just improve work; they improve the world. Key characteristics that leaders must possess to excel in a project-driven world:

  • Project management skills
  • Product development and subject matter expertise
  • Strategy and business acumen
  • Leadership and change management skills
  • Agility and adaptability
  • Ethics and values

Managers and organizations must become comfortable devising strategies driven by change rather than efficiency to transform themselves and thrive in the new project economy. They must delegate more resources, budgets, and decision-making authority to projects and project teams rather than the traditional departmental hierarchy. They will need to develop project management skills and adopt new technologies. Finally, they must encourage a shift in emphasis away from inputs and outputs and toward outcomes and value.

Leadership Is Not A Title

Leadership Is Not A Title

Leadership Is Not A Title | Justin Buckwalter | Dharam Singh | Episode 15

In this insightful episode, Justin Buckwalter, PfMP, PgMP, PMP, PMI-ACP, PMI-RMP joins me in trying to dismantle the conventional views on leadership. We delve into why leadership should be seen as a behavior, not just a role. Through a compelling discussion, we have highlighted how anyone can embody leadership by influencing positively and initiating change, irrespective of their position.

Discussion Points:
+ Leadership as Action: Why it’s about what you do, not your title.
+ Essential Traits of True Leaders: What makes a leader stand out?
+ Universal Leadership: The importance of fostering leadership at every level.
+ Leadership SWOT Analysis: A tool for crafting achievable development goals.
+ Conflict Management: Techniques for leaders to navigate workplace challenges.
+ Cultivating Inclusivity: Strategies to nurture a welcoming, diverse work culture.
+ Motivation vs. Power Misuse: The dual-edged impact of leadership influence.

Join us to explore how effective leadership transcends titles and becomes a part of the organizational fabric, empowering all to contribute meaningfully.

🚀 Seize the opportunity to Elevate Your Project Management Career:
– Register for my upcoming PgMP/PfMP Success Story Webinars: https://bit.ly/4aVhrd6 / https://bit.ly/4aycVBj
– Book an obligation-free consultation session on Project management Career, training, and certifications: http://talktodharam.com
– Discover training offers and certification discounts: https://bit.ly/3jWVepD
– Stay updated with our Q&A series and certification success stories by subscribing to the vCare Project Management YouTube channel at https://bit.ly/2YF0wJl
– Follow my podcasts and interviews with Project Management Experts on YouTube at https://bit.ly/2NDY8wd

Factors Influencing Project Economy

Factors Influencing Project Economy

Factors Influencing Project Economy | Navigating the Complexities of the Project Economy

In this insightful episode, join Thomas Walenta and me as we delve into the evolving dynamics of the project economy. Here’s what you’ll discover:

+ Demographic Shifts: Strategies for project managers to adapt to changing demographics effectively.
+ Climate Resilience: Integrating climate change considerations into your project planning.
+ Technological Advancements: Embracing AI and its transformative impact on projects.
+ Globalization Effects: Managing remote teams and cultural diversity in projects.
+ Geopolitical Tensions: Navigating the complexities of global trade and political challenges.

These discussions are brimming with practical insights designed to empower project leaders like you to navigate these challenges with confidence and strategic acumen.

🚀 Embrace the chance to Advance Your Project Management Career:
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