55 Years of Purpose: Reflecting on Project Leadership, Mentorship, and the Road Ahead

55 Years of Purpose: Reflecting on Project Leadership, Mentorship, and the Road Ahead

Turning 55 makes me reflect on a journey built not just on time, but on projects, people, and a purpose that has guided me throughout. From a hands-on practitioner to a worldwide mentor directing professionals in navigating their paths in project leadership, this has been a learning-based journey for me.

“A leader is one who knows the way goes the way and shows the way.” – John C. Maxwell

Dharam Singh reflects on turning 55 – A journey of purpose, people, and project leadership

“Turning 55 reminds me—great leadership is about knowing the way, going the way, and showing the way.”

 

As the field of project management is evolving rapidly, bringing both complex challenges and exciting opportunities. Professionals often begin their journey with foundational credentials such as CAPM®, PMI Project Management Ready™, and PMI Kickoff™, which provide a solid base for advanced certifications like PMP®. As they grow in expertise and responsibility, many pursue specialized credentials such as PgMP® for program management and PfMP® for strategic portfolio management, emphasizing leadership, strategic thinking, and technical proficiency.

To further strengthen capabilities in PMO management and organizational alignment, PMI has recently launched the PMO Certified Professional (PMOCP)™. Collectively, these certifications offer a structured pathway for developing resilient, future-ready leaders equipped to navigate today’s dynamic project landscape.

Reflecting at 55: A Journey Built on Projects, People, and Purpose

I still find myself thinking about some basic concerns even after all these years of project, program, and portfolio management experience. These are not merely questions; rather, they are reflective thoughts that help me stay grounded, receptive to ongoing learning, and in line with the dynamic nature of our line of work. They remind us that no matter how far we’ve come, growth is an ongoing process. These important questions keep coming to mind:

1.      How do I stay truly relevant in today’s fast-changing project world?

2.      What really makes a mentor different from a practitioner in project leadership?

3.      Can a career build on purpose last longer than one focused only on results?

4.      What kind of mind-set does someone need to succeed in earning PgMP® or PfMP® certification?

5.      How do I keep growing when the industry, tools, and expectations are always evolving?

At 55, Dharam Singh shares timeless reflections on leadership, purpose, and growth in the world of projects, programs, and portfolios.

At 55, Dharam Singh reflects on the timeless questions that continue to shape great project leaders and mentors.

These questions shape the way I lead and mentor. They influence how I train, how I support aspirants, and how I walk alongside them on their certification journey. I believe these are not just personal reflections, but essential questions that every committed project leader must explore as they progress in their professional path.

From Practitioner to Global Mentor: My Evolution in Project Leadership

When I started my journey in project management, my focus was on project delivery. I concentrated on meeting deadlines, achieving goals, and satisfying stakeholders. Over time, as I led diverse teams and handled complex programs across sectors, my perspective began to shift. I started to value the power of strategic alignment and the human side of leadership. One of my most meaningful moments came when a former trainee told me that earning their PgMP® changed their entire career path. That made me realize mentorship was not just support, it was impact.

Becoming a global mentor was never part of a grand plan. It happened as I shared lessons, simplified complex concepts, and helped others unlock their potential. Today, I guide aspirants not only through certification paths but through mind-set transformation. I remind them that leadership is not about control, but about clarity, consistency, and contributing to the growth of others.

PgMP® and PfMP®: More Relevant Than Ever in Today’s Project Economy

Certifications like PgMP® and PfMP® have become increasingly important in today’s dynamic project environment. They not only validate advanced project leadership but also represent a professional’s commitment to driving impactful change in an innovation-driven world. These certifications empower professionals with strategic thinking, cross-functional leadership, and the ability to deliver results aligned with organizational goals.

PgMP® – Program Management Professional

The PgMP® credential is tailored for professionals managing multiple, related projects and achieving strategic objectives. It reflects leadership at a higher level, beyond individual project delivery.

Key aspects are:

• It focuses on managing complex programs and aligning them with strategic goals.

• It emphasizes benefits realization and stakeholder alignment.

• PgMP® is ideal for experienced project managers ready to scale up to program leadership.

Global Impact of vCare Project Management in PgMP® certification are:

1.      North America

• United States: 11.2%

• Canada: 9.7%

• Mexico: 12.0%

2.      Asia & Middle East

• India: 14.5%

• Saudi Arabia: 5.5%

• United Arab Emirates: 13.4%

• Singapore: 14.3%

• Malaysia: 26.0%

• Kuwait: 7.7%

3.      Oceania

• Australia: 35.0%

• New Zealand: 35.0%

4.      Europe

• Germany: 13.75%

• Italy: 17.2%

Dharam Singh mentoring project professionals globally through PgMP and PfMP guidance

From practitioner to global mentor—Dharam Singh reflects on a leadership journey rooted in purpose and impact.

PfMP® – Portfolio Management Professional

The PfMP® credential is designed for senior professionals who manage portfolios of programs and projects aligned with strategic business objectives.

Key Highlights:

• It focuses on portfolio strategy, governance, performance, and risk management.

• It equips leaders to prioritize initiatives and optimize investments.

• It is ideal for executives and portfolio managers driving organizational value.

Global Impact of vCare Project Management in PfMP®:

1.      North America

• United States: 10.0%

• Canada: 12.0%

2.      Asia & Middle East

• Saudi Arabia: 3.4%

• India: 6.0%

• United Arab Emirates: 8.8%

• Qatar: 23.8%

• China, mainland: 1.5%

3.      Oceania

• Australia: 50.0%

• New Zealand: 66.6%

4.      Europe

•  Germany: 18.8%

•  Greece: 33.3%

PfMP Credential Overview and vCare’s Global Portfolio Management Impact

PfMP equips senior professionals to align portfolios with strategy and drive high-impact results—see how vCare supports global leaders in this mission.

These vCare contribution percentages clearly highlight the organization’s strong global presence and its impactful role in shaping certified leaders across continents.

According to the PMI Registry, the global certification landscape shows that China has approximately 2580+ PgMP’s and the United States has approximately 1500+ PgMP’s and these are the top two countries in the world for PgMP® certifications, reflecting their deep investment in advanced program management capabilities. When it comes to PfMP®, the The United States continues to lead globally with approximately 574+ PfMPs, while Saudi Arabia, now in second place with around 564+, is rapidly closing the gap in its push to become the global leader in strategic portfolio management.

Against this global backdrop, vCare’s consistent mentoring excellence continues to empower professionals to not only earn these elite credentials but to lead with clarity, confidence, and purpose.

The Certification Mindset: Forging Resilient, Strategic Leaders for a Complex World

PgMP® and PfMP® certificates can change the way professionals think, which helps them lead with foresight, deal with complexity, and make sure that projects are in line with the goals of the organisation. This way of thinking promotes learning for life, self-control, and being open to change. It also helps people become stronger, by teaching them how to deal with uncertainty, stay focused, and think critically. Certified leaders are renowned for their expertise and the way they use it in a world where things are always evolving, breakdown, and generating new concepts. You must think like this if you want to be a successful leader and remain relevant for a long time.

AI in Project Management: Disruptor, Enabler, or Strategic Partner?

AI is transforming the project management environment across various sectors, with experts unsure whether it is a strategic partner, enabler, or disruptor. However, when approached with knowledge and preparedness, AI becomes a strong facilitator, automating operations, boosting risk management, and streamlining resource planning. This allows project managers to focus on higher-value work, such as strategic decision-making, innovation, and stakeholder engagement.

AI makes consistent decision-making easier, implementation faster, and reduces complexity. Real-time data insights help teams work more efficiently and adapt quickly. Incorporating AI tools into daily project processes is essential for modern project ecosystems, reducing manual errors, improving accuracy, and ensuring on-time delivery.

AI can handle and analyze large amounts of data, but ethical supervision, context, and direction still rely on human leadership. Merging artificial intelligence with human insight leads to better outcomes, imagination, and strong project plans. Project managers must appreciate the possibilities of AI and use it appropriately, as those who see AI as an enabler of smarter, more agile project management rather than a threat will be ideally positioned to lead the next generation of high-performing, technology-driven projects.

Staying Human in the Age of AI: Essential Practices for Project Leaders

The role of a project leader, in my opinion, becomes even more human-centric as AI continues to change the field of project management. I adhere to the following crucial procedures and advise others who want to lead successfully in this AI-driven age:

1. Stress the importance of emotional intelligence and empathy – Make a human connection with your teammates. The emotional depth needed to inspire and establish trust cannot be replaced by technology.

2. Pay attention to stakeholder communication – Leaders need to manage relationships while AI handles data. Communication that is honest, transparent, and compassionate is still essential.

3. Combine judgement and data – Utilise AI-generated insights, but always use human judgement to understand long-term effects, context, and values.

4. Establish a culture of education – Teams should be encouraged to remain inquisitive and receptive to advancements in technology and people.

5. Encourage morality and diversity – Make sure AI-powered decisions are impartial, open, and consistent with moral principles.

6. Set a good example – Exhibit resilience, humility, and flexibility. More than any algorithm, these human qualities motivate teams.

Project Leader Guiding Teams with Empathy and Ethics in the Age of AI

AI is reshaping project management, but empathy, ethics, and human judgement are what set great leaders apart.

The goal of remaining human is not to oppose AI. It involves balancing it with the enduring principles of leadership – vision, integrity, and compassion.

How PMI’s PMO Certification (PMOCP) Is Shaping the Future of Project Management Offices

I consider the PMI-PMOCP™ to be a strategic and timely development for PMO professionals. By coordinating project execution with overarching business objectives, the PMI PMOCP™ certification aims to identify and enable strategic PMO leadership. It emphasises practical, real-world skills like influence, agility, governance, and stakeholder engagement, all of which are critical in today’s changing environments.

By equipping professionals to lead significant organisational change rather than merely concentrating on status updates, it also fills important skill gaps in today’s PMOs. I gave a thorough rundown of the exam structure, application procedure, and efficient study methods in our most recent vCare webinar.

Having the PMOCP™ certification improves one’s reputation internationally and opens doors in various sectors and geographical areas. This certificate helps professionals land important roles and make strategic contributions to their organisations, whether they are creating a new PMO or expanding an existing one.

vCare Project Management is hosting a special webinar on the PMI-PMOCP™. The session features Kim Marcelliano, Senior Product Manager at PMI. She will share strategic insights on the credential’s relevance and target audience, while I will explain the exam structure, application process, and preparation tips. With their combined expertise, the webinar offers a clear path to PMO certification success. Ideal for PMO leaders and aspiring professionals, this session will provide valuable guidance to advance your career and strengthen your PMO’s strategic impact. So, don’t miss this opportunity, do check the webinar if you are interested.

PMI-PMOCP Certification Webinar Featuring Kim Marcelliano and Dharam Singh

PMI-PMOCP is redefining PMO leadership. Learn how this new certification aligns strategy, agility, and impact.

Register Now: https://bit.ly/3Sp9h5l

Date: Wednesday, 02nd July 2025

Time: 10:00 AM – 11:00 AM (PDT) / 11:00 AM – 12:00 PM (MDT) / 12:00 PM – 01:00 PM (CDT) / 01:00 PM – 02:00 PM (EDT) / 02:00 PM – 03:00 PM (BRT) / 07:00 PM – 08:00 PM (CEST) / 08:00 PM – 09:00 PM (AST) / 09:00 PM – 10:00 PM (GST) / 10:30 PM – 11:30 PM (IST)

Guiding the Next Generation: My Approach to PgMP® and PfMP® Mentoring

Being a mentor is not just what I do, it’s what keeps me growing. Every interaction teaches me something new. While I have had the privilege of guiding over 570 PgMP®s and 177 PfMP®s worldwide, I consider myself a co-learner in this journey, growing alongside every professional I mentor.

PgMP® and PfMP® are more than just certifications. They stand for advanced governance skills, strategic thinking, and the capacity to match organizational objectives with program and portfolio objectives. The need for leaders with this degree of experience is growing as the project economy develops. These qualifications are increasingly crucial indicators of leadership prepared for the future.

Making this journey both meaningful and attainable is our mission at vCare Project Management. With tested mentoring models, organized preparation programs, and continuous support, we give candidates a clear path forward. Our goal is to help you pass, but we also want to help you become more confident and clear-headed in the process.

I provide advice to each person I mentor based on practical difficulties and knowledge gathered over many years of experience. There is no shortcut to success in PgMP® or PfMP®. It all comes down to comprehension, attitude, and steady support.

vCare Project Management can help you make the next big career move with purpose and precision.

The Road Ahead: Lifelong Learning and Collective Growth Beyond 55

As I turn 55, it feels perfectly timed that I have had the privilege of mentoring over 555+ aspirants, one for every year of my life and a few extra for good measure.

But a journey doesn’t end when you turn 55, but it marks the start of a new chapter based on in-depth education, significant mentoring, and a mutual dedication to the advancement of the field. There is a greater need than ever for strategic, forward-thinking leaders as the project landscape changes quickly and artificial intelligence changes how we lead and deliver.

There are still not many PgMP® and PfMP® certified professionals in the world, there are only 2500 PfMP®’s and 7900 PgMP®’s. Aspiring professionals have a significant opportunity here. These certifications represent more than just accomplishments. They serve as indicators of maturity, foresight, and the capacity to influence programs and portfolios.

“The function of leadership is to produce more leaders, not more followers.” –  Ralph Nader

Dharam Singh at 55 – Mentoring over 555 Professionals and Advancing Project Leadership

As Dharam Singh turns 55, he reflects on mentoring 555+ leaders and shaping the future of project and portfolio excellence.

Our goal at vCare Project Management is to enable people by providing them with organised mentoring, insightful guidance, and constant encouragement. We assist professionals in developing their leadership skills as well as their knowledge.

Now is a good time to think about your next project leadership move. The world needs competent, qualified individuals who are prepared to lead with clarity and purpose. At vCare, we are ready to provide you with forthright and specialist support during that journey.

Note: The figure of globally certified PgMPs & PfMPs is a guestimate based on available public sources and professional observations. Actual numbers may vary as PMI does not always publish real-time global certification data.

#DharamSingh #55YearsOfPurpose #PgMP #PfMP #PMOCP #ProjectLeadership #vCareProjectManagement #MentorshipMatters #StrategicPMO #AIandLeadership #PMICertification #FutureOfPMO #ProjectEconomy #PortfolioManagement #GlobalMentor #LeadershipReflection #LifelongLearning #EmotionalIntelligence #ProjectManagement

Making Better Project Decisions with PMI Fellow Thomas Walenta | Part 1

Making Better Project Decisions with PMI Fellow Thomas Walenta | Part 1

How To Make Better Choices For Your Projects | Part 1

As project managers, our ability to make the right decisions at the right time can define the success or failure of our initiatives. In this insightful conversation with PMI Fellow Thomas Walenta, we dive deep into the art of decision-making in today’s dynamic project landscape.

With 40+ years of experience, Thomas shares practical advice, proven strategies, and eye-opening examples on how to align decisions with project goals, stakeholder expectations, and long-term value.

Watch Now: https://youtu.be/Re-CLabsvUw

🎯 Key Discussion Topics:
✔️ The importance of making informed choices in today’s evolving project environments
✔️ Strategic vs. operational decisions – understanding the difference and impact
✔️ How data analytics empowers smarter decisions – tools & techniques that work
✔️ Risk-based decision making – real-world scenarios that shaped outcomes

🎧 Tune in to Part 1 of this insightful episode and elevate the way you lead your projects!

 

 

📞 Book a 15-minute discovery session: talktodharam.com

📚 Resources to advance your certification journey:
👉 PgMP & PfMP: https://bit.ly/3HL1HMY
👉 PgMP Q&A Series: https://bit.ly/2Yo7EvQ
👉 PfMP Q&A Series: https://bit.ly/3BORnPq

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Projectification’s Impact on BaU | Transforming Business Operations | Dharam Singh | vCare Project Management

Projectification’s Impact on BaU | Transforming Business Operations | Dharam Singh | vCare Project Management

Projectifications impact on BaU (Business as Usual)

In the global setting, Projectifications allow organizations to link multiple business partners and respond quickly to market demand and supplier needs while remaining flexible enough to anticipate and respond to rapid shifts in consumer preferences. Here are some of its impacts on BaU,

• Activities are organized and realized as projects
• Projects are the new form of work and mechanism for change
• Enforcing the way of projectification through regulations, framework, and practices
• Projects in the public sector impact governance and help adopt previous best practices
• Helps to identify and pilot a new way of work
• Helps develop new strategies and shape the future of society through innovation and joint learning
• Organizations might use projects for dealing with controversial issues that the permanent organization does not want to deal with

🚀 Elevate Your Project Management Career:
– Register for my upcoming PMI Certifications Success Story Webinars:
1. Proven Portfolio Management Strategies featuring Scott McLeod – https://bit.ly/3Mx38kN
2. Dual PfMP & PgMP Success: Strategic Insights with Peter Kazimir – https://bit.ly/3ztTywc
3. From PMP to PgMP: Project to Program Management Transition featuring Moayad Alkhatib – https://bit.ly/4gLja8o

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– Follow my podcasts and interviews with Project Management Experts on YouTube at https://bit.ly/2NDY8wd

#Projectification #BusinessAsUsual #ProjectEconomy #OrganizationalChange #AgileProjects #ProjectManagement #BusinessStrategy #GovernanceInProjects #PublicSectorProjects #InnovationInProjects #FlexibleWorkModels #RegulatoryFrameworks #FutureOfWork #ProjectBasedWork #StrategicChangeManagement #PgMP #PfMP #PMI #PMP #AskDharam #DharamSingh #VcareProjectManagement


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.

Succeeding In Project Economy – Changing Scenario

Succeeding In Project Economy – Changing Scenario

Succeeding In Project Economy – Changing Scenario  

Join us for Episode 64 in our insightful webinar series with Thomas Walenta. This episode dives into the dynamic landscape of the Project Economy, offering crucial insights for senior project, program, and portfolio management professionals.

Key topics discussed include:
+ Gig Economy Disruption: Discover the significant challenges and exciting opportunities the Project Economy brings.
+ Reshaping Traditional Structures: Understand how the Project Economy transforms business operations.
+ Cross-Functional Teams: Learn about potential roadblocks and strategies to manage conflicts between technical and non-technical teams.
+ Environmental Responsibilities: Explore how emerging social and environmental responsibilities influence project priorities.
+ Projectification: Discuss its impact on organizational strategies and value creation.
+ Workforce Models Transformation: See how the Project Economy changes workforce dynamics.
+ Agile Mindset: Learn how adopting an agile mindset helps navigate uncertainty in project-driven environments.
+ Project Success Assessment: Learn how assessing project success enhances ongoing project delivery.

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