The Value Manager )
 Improving project, process & business performance. Jul/Aug 2004 
in this issue
  • Why a Consultant?
  • Mind Map Redux
  • Book Report
  • Have You Seen Your Projects?
  • You can quote me on that. . . .
  • What Bugs You?

  • Greetings,

    As we begin a new quarter, I want to thank you for your support and look forward to even more success in the next few months.

    We're over the hump...it's all downhill from here. The 3rd quarter has started and we're less than 6 months from the New Year. How are your projects performing? Are you attaining goals? Is your strategic plan working? Have you looked at your business processes?

    Business process re-engineering simply questions the efficiency and effectiveness of each function your company performs. With a little tweaking you want to increase productivity so the entire business increases profitability. It supports your desire to revisit fundamental assumptions that have guided an organization's founding philosophy.

    If business does not question its status quo and the way it delivers its products and services in an attempt to continuously improve, it seldom succeeds.

    Enjoy this issue. And go ahead, ask questions!
    -aj-

    Why a Consultant?

    A very common question I hear is, "on whom should I rely to help with my strategy, systems and processes?" This is a good question, because managers and executives can turn to technology vendor's, accountants, attorneys, management consultants, system integrators, in-house staff -- or some combination of these.

    I have the interesting perspective of having participated in business process reengineering from the point of view of a systems integrator, a technology vendor, a management consultants, and the in-house staff of a company. There is a time and place to go with different combinations.

    For many small firms seeking to implement a change or just review its processes, it is an almost automatic choice to turn within itself and use it's own in-house people. This is usually a pretty smart move. Your own people are interesting in learning new skills and procedures and to make themselves more marketable. Unfortunately they lack the experience of "been there, done that" or as project managers call it, lessons learned.

    So the in-house approach works best when combined with bringing in a coach, mentor and/or consultant. Bringing one or two of these consultants on to work with or train the rest of the staff can be a great strategic move. They've seen many products, vendors and processes and have been there and done it many, many times before. But make sure the consultant isn't biased to certain products, technologies or processes. Conduct an open and frank discussion with the consulting firm's project partner about whether or not the consulting company gets a commission for the recommendations they make, and make sure the results of that conversation are in your contract.

    One of the biggest hurdles implementing or changing your processes is understanding your company's workflow. It always amazes me how many companies do not have this well documented. Business process reengineering will require changes to your processes and ideally will improve existing workflow inefficiencies. Consider investing in objective research and documentation before making any changes.

    There is no single project plan that will work for every organization or implementation. However, I would encourage you to explore the following approaches:

    1. Invest in objective research and document your existing business processes. Find out what the core business problems are.
    2. Bring in a consultant when you really need help understanding your company's business processes and to help with an overall strategy.
    3. Avoid outside consultants with conflicts of interest.
    4. Send your staff to training (general and problem-specific). Define new business processes to prepare for.
    5. If you plan to run the project in-house, think about bringing in a project management advisor to help.
    6. Assess the impact of changes to the business. Determine risks vs. benefits.

    Use a Business Assessment as your springboard to change...

    Mind Map Redux
    Wow! Lots of comments and questions on last issues discussion on Mind Mapping. Thanks everyone for your interest.

    A recurring question was "What can I use it for?" Once you start mind mapping, I'm sure you'll find all kinds of uses. So my first response is download some software (I like MindManager) and start investigating.


    Executives, Managers and Self-Employed Business People

    • outline projects, presentations, and speeches
    • structure new ideas and strategies
    • develop research programs
    • lead, manage and communicate with others
    • organize conferences and meetings
    • create visual presentations
    • facilitate creative brainstorming
    Instructors and Consultants
    • Instructors can develop curricula, outline research and illustrate key concepts to students with their Mind Maps.
    • Consultants who specialize in training can use Mind Mapping in management development training, skills training, self-management, and scheduling.
    Technical Workers
    • who work with complex ideas and diverse information will discover that creative Mind Management provides a unique approach to data collection and correlation.

    Try it, you'll like it!

    WorkFlow Mind Map »

    Book Report
    The Goal
    by Eliyahu M. Goldratt

    Here's a book I re-read about every 4-5 years. It is a business novel, that is, a fictional story describing real business practices.

    Alex Rogo manages a failing manufacturing plant, and his marriage is on shaky ground due to his long work hours. When his district manager tells him that profits must increase or the plant will be closed, Alex realizes he needs help. He turns to Jonah, a former professor, whom Alex discovers is now a management consultant. With the help of Jonah and the plant staff, Alex turns the plant around while at the same time abandoning many management principles he previously thought were ironclad.

    Peel away the story and you'll learn about the Theory of Contraints. The author goes into detail describing how to identify the constraint, how it impacts production, quality, and costs of operations. While the story takes place in a production environment, the theory and techniques can be used to resolve any process problem.

    You may want to pick up a companion book, The Race which explains many of the theories without the trappings of Alex Rogo and the rest of the players in the business novel. Then go on to the sequel, It's Not Luck.

    Get it at Amazon »

    Have You Seen Your Projects?
    Project management doesn't get the attention it deserves in small companies. In some situations, owners, executives and managers don't realize that project management efforts in their companies need improvement to be effective. To identify whether project management needs attention to reach its full benefit potential in your organization, answer the following questions:

    • Does your list of projects this year look a lot like last year's project portfolio?
    • Are you juggling too many projects?
    • Are new project requests springing up every day?
    • Do you lack confidence about dates and costs for your existing projects?

    If any of those questions draws a yes, it's a good time to review your project management methodology and get control of the projects ASAP.

    PM Help »

    You can quote me on that. . . .
    "In the business world, the rearview mirror is always clearer than the windshield."
    --Warren Buffett

    "The difference between the impossible and the possible lies in a person's determination."
    --Tommy Lasorda

    "Effective leadership is putting first things first. Effective management is carrying it out."
    --Stephen Covey

    "There are no great limits to growth because there are no limits of human intelligence, imagination, and wonder."
    --Ronald Reagan

    What Bugs You?
    Thanks for your comments and suggestions (and a little bitching now and then). It is only with your comments, praises and complaints that I can get better.

    Does anything in this newsletter or on the website bug you? Nothing is too small or too big. If there is something I can fix, I'd love to know. In fact, I'll give away a gift certificate worth US$100 for the best bug report!

    Thanks and let me know what you think.

    What Bugs You? »

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