Tag: success

THE ANSWER IS EXCELLENCE

There are three ways to improve business performance of any organization: Technology – Processes – People. New technology may give you a sizeable performance boost. However, it will NOT guarantee you a lasting competitive advantage because your competitor will probably invest in similar equipment or technology. New equipment will not protect you in case of […]

Always Stand Up for Your Real Team

As a leader, you have to always stand for your team, right? Wrong. Rather, first, you need to make sure you realize which team is “your team.” That may sound counterintuitive but that’s life. Being a manager (team lead, manager, director, etc.), you are in charge of a unit consisting of several individuals. If you […]

Canada Cost Post-Saving Math

Freising, Munich area, Germany

(On the photo, a post(wo)man delivering mail to the residents of Freising, Munich area) Door-to-door mail delivery to urban customers has been phased out in Canada in the last five years. This was a major cost-saving initiative of Canada Post. As a performance improvement specialist, I doubt its value for Canadians.  Without a doubt, there is […]

Advanced Project Management Secret: Shared Values

Values PM 2.0

  Requirements can make or break your projects. Depending on your personal level of PM maturity, you will make sure that you have clarified them on one, two, or three levels. Here’s what can further improve your chances to deliver the project successfully: shared values of the team. The secret is in the proper composition […]

The Recipe for Project Success: 3 Requirements + 10 Values

success values

The three key reasons why some projects fail are: Requirements Requirements Requirements There is but a grain of joke in this PM joke: requirements are key. In real life, three different sets of requirements could and should be identified during the project initiation. Requirements-1: The Spec. First requirements that come to mind are the “standard” […]

Shared Values of Self-Made Millionaires

Human Values

There’s an interesting article posted recently on LinkedIn Pulse. Jeff Haden put this in his post headline, making it almost instantly viral: “8 of 10 Self-Made Millionaires Were Not ‘A’ Students. Instead, They Share 1 Trait.” The trait, of course, is their willingness to learn. While I agree with Jeff Hadden, that is not news. […]

Elon Musk Q7

Elon Musk Q7

A few months ago, I answered this question on Quora: “How can Elon Musk put in 80-100 hours a week and still have a social life or time for exercise, etc.?” My answer collected an incredible number of views and upvotes – a good indicator that this is (A) a hot topic and (B) my […]

How can Elon Musk put in 80-100 hours a week and still have a life?

(Originally answered on Quora) Most probably you want to share your surprise that Elon Musk, who reportedly stayed overnight at Tesla site on many occasions, still looks and behaves like a normal sociable person, gives interviews and is altogether in good health and good spirits, right? This is because he is fortunate enough to have […]

What are the identifiers of a bad project?

bad project

To answer this question (asked on Quora), we need to define the meaning of “bad” in “bad project.”  As an old project management bit of wisdom goes, there are three main reasons why projects fail (and thus may be identified as “bad projects”): Requirements Requirements Requirements  

Brian Fetherstonhaugh: “The Long View”

Required Reading

Over the weekend, I have read a very interesting book – “The Long View” by Brian Fetherstonhaugh. Brian Fetherstonhaugh is the Chairman & CEO of OgilvyOne, but the book is not about marketing. It is a thoughtful but clear feedback on his personal career experiences, supported by “business cases” from the careers of other successful […]