Insights

Commentary and opinion

August 17, 2017 | Insights

The Importance of Risk Management Plans in Project Management 

Project managers should not only have them, but update them continually

Assessing risk is an important part of a well-managed project, and project managers and team members should have a risk management plan in place from the project’s outset. Projects, in and of themselves, are risky endeavors because the project often addresses a critical need, resolves an existing …

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  • August 10, 2017 | Insights

    Project Managers Must Also Be Risk Managers 

    Ability to assess risk can improve project management outcomes 

    Some people seek out risk while others avoid it. Likewise, some organizations tolerate risk while other organizations minimize it. Whatever one’s particular strategy, we all face risk in our personal and work lives on a daily basis, and how we react to risk distinguishes those who are effective project managers from those who are less effective. In …

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  • July 19, 2017 | Insights

    Entrepreneurship and the Risk of Confirmation Bias

    How wishful thinking can be dangerous to your business

    It seems that starting a business has never been easier. Social media and crowd funding are just a couple of the developments that have eased the way for entrepreneurs. With online tools, an entrepreneur can now set up shop and …

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  • May 17, 2017 | Insights

    Project Managers Should Value Honesty Over Loyalty in Team Members

    It’s about results, not lip service

    There has been a lot of talk in the news lately — especially in the political arena — about picking leaders based on loyalty. It seems that sometimes, loyalty even takes the lead over ability and expertise. But then, that’s …

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  • May 4, 2017 | Insights

    Building More Trust in Today’s Business Landscape

    Leadership, business, and the need for trust

    A leader seeking success needs to be trusted. In study after study, research on leadership lists trust as a top trait, and studies have shown that when trust in a leader increases, productivity goes up and costs go down. As …

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  • March 29, 2017 | Insights

    What Fake News Teaches Us About Project Management

    Critical thinking pitfalls allow us to easily believe what’s untrue

    Fake news, it seems, is everywhere. It’s a term we didn’t know just a few years ago, but after this political season it’s become difficult to figure out what’s real and what’s not. “Pope Backs Trump,” “Hillary Sold Weapons to …

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  • March 14, 2017 | Insights

    Bots, Creativity, and the Value of Human Skillsets

    The skills that make us human will be at a premium in the new age of automation

    Today, as almost every day, I was asked by a website to prove that I’m human. You’ve probably had the same experience: in order to access a webpage, you must perform a task that only a human can do, like …

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  • March 1, 2017 | Insights

    Workplace Bullying and its response

    New study shows that men and women respond differently to bullying in the workplace

    Would you know if someone was being bullied at work? It’s not always easy to tell. Many years ago, I worked as a sales rep for a boss who managed by intimidation. He publicly shamed and embarrassed his employees. He …

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  • February 22, 2017 | Insights

    It’s About Time

    The Benefits of Taking Time Out in a Hectic Work World

    In today’s society, we’re made to feel that there’s something wrong with us when we’re doing nothing. We imagine the efficient, effective person we want to be, always on top of what’s going on in our workplace and in the …

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  • November 12, 2016 | Insights

    The Upside of the Downside

    Opportunities in Managing Risk

    You will find risk everywhere you look, if you look for it. Every time we get into a car, as a driver or passenger, there is the risk of an accident. Every time we burn a candle, there is a …

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  • October 20, 2016 | Insights

    Brexit and the price of Marmite

    As the pound falls, inflation pressures grow

    Recently, a new hashtag popped up on the internet: #Marmitegate. Social media users in the UK were following a news story about a potential 10% rise in the price of Marmite, which is a traditional British product: a sticky paste …

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  • June 4, 2016 | Insights

    Why Stakeholder Management is Important

    Projects revolve around stakeholders

    A stakeholder is someone inside or outside the organization that has an interest in the outcomes of the project. Some are more important to the life of the project, such as the sponsor, steering committee or project team members (which …

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