Driving Strategic Projects in Challenging Times
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Transcript of Driving Strategic Projects in Challenging Times
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Frank Mesner!
!!My first job!
!!In a recession!
!!Layoffs!
!!Implementing large capital projects!
!!Capital spending freeze!
!!What I learned from Frank…!
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© 2009 PSC Group, LLC!
Boom & Bust Cycles!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Process Based Projects!
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© 2009 PSC Group, LLC!
Process Based Projects!
If you meet these criteria you have an!
INVESTMENT GRADE PROJECT!
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© 2009 PSC Group, LLC!
Seems Logical…"but it’s just not that easy!
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© 2009 PSC Group, LLC!
Improving "Business Processes!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Invest NOW – reap rewards later!
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© 2009 PSC Group, LLC!
Fuel Economy!
!! Recently Rented a Car!
!! Had Real-Time Fuel Economy!
!! How do you Maximize your Fuel Economy?!
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© 2009 PSC Group, LLC!
Fuel Economy!
!! Recently Rented a Car!
!! Had Real-Time Fuel Economy!
!! How do you Maximize your Fuel Economy?!
It is important to build up!MOMENTUM!
when going downhill!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Separate Business Analysis!from Project Execution!!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Is accomplished!by providing!
Information and removing mystery!
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© 2009 PSC Group, LLC!
Quantify the Risk!
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© 2009 PSC Group, LLC!
Mitigate This!!
10!
5!
5!
5!
2!
2!
2!
No supportive business sponsor!
Limited impact to line of business!
Requires cultural change for adoption!
Duration > stability of business process!
Can not quantify success!
Unrealistic expectations anywhere!
No time/budget for POC or discovery!
10! No defined objectives for a win!Identify
Investment
Grade projects
with decent
scores and
have an open
dialogue with
the business!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
We want a Happy CFO!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Who does this?!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Earn Respect to Engage!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
What is ‘my’ Agile?!!!Useful, working output (code)!
!!Iterative, rapid application development!
!!Business involvement!
!!Realistic incorporation of late changes!
!!Old-school teamwork & collaboration!
!!An investment mentality/dialogue!
!!Simplicity!
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© 2009 PSC Group, LLC!
What is ‘my’ Agile?!!!Useful, working output (code)!
!!Iterative, rapid application development!
!!Business involvement!
!!Realistic incorporation of late changes!
!!Old-school teamwork & collaboration!
!!An investment mentality/dialogue!
!!Simplicity!
There are many interpretations.!In some forms it is junk.!
Remain PRACTICAL!!
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© 2009 PSC Group, LLC!
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© 2009 PSC Group, LLC!
Key Take Aways!
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© 2009 PSC Group, LLC!