b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Project Management 411

June 23rd, 2008

New Beginnings Require Preparation, Preparation and More Preparation!

Our b5media Theme Day focuses on Graduation - New Beginnings in a Challenging Economy led by Darlene at www.interviewchatter.com. Since my three daughters are in their “new beginnings” periods, I’m a sought after advisor. They are: 27 years old- just married and building fitness business, 25- radio show host of S&H Culture Club and fashion […]

By Bob Turek -- 1 comment

June 19th, 2008

IT Led PMOs Create a Project Management Mess

I have some great, reliable, commentors. One of them is Alan Wilensky. Commenting on my June 7th post ““Fewer, More Successful Projects”: The New HP” he gave one of his great personal examples of an IT organization run amuck. Here is his comment (edited by me) and my response:
Alan W: A while ago, I was […]

By Bob Turek -- 2 comments

June 6th, 2008

Did the Fed Contribute to Poor Risk Management by Banks?

CFO’s article on risk management brought up a fascinating point about how the Federal Reserve policies contributed to poor risk management in banks during the subprime mess. CFO makes a shaky link to Alan Greenspan’s role. Banks had been shedding, instead of managing, risk for years by passing it on to investors. They claim that […]

By Bob Turek -- 0 comments

June 5th, 2008

Risk Management Problems Are Culture Problems

“Risk was not integrated but split between a credit risk officer and a market risk officer, both of whom reported to the CFO, who then reported to the CEO. That may work at a place like Goldman, where decisions are made collectively among executives. But at a firm with a strong-willed CEO, like Merrill, it […]

By Bob Turek -- 0 comments

June 4th, 2008

Risk Management: What Can We Learn from the Sub-Prime Crisis?

CFO magazine covered how poor risk-management techniques, and more importantly, organizational culture and structure, contributed to the subprime problems:
“the inability to properly manage risk, and the failure of stress tests have so far resulted in global bank losses of $265 billion. With a few notable exceptions, bank CFOs seemed willfully ignorant of snowballing risk.”
The worst […]

By Bob Turek -- 0 comments

June 1st, 2008

Top 10 Views at Projectmanagement411.com for May 2008!

Here are the top viewed posts for projectmanagement411.com for May 2008. Interesting that the first two are much older (2-3 months) but continue to be top vote getters. Everything from innovation to PMO governance boards. The recent series on collaborative innovation seems to be sparking some great interest- very much a ground breaking “best of […]

By Bob Turek -- 0 comments

May 30th, 2008

If You Don’t Get Involved You Can’t Make Change Happen

I’m realizing that I’m a focal point for all things “project” having to do with executing strategies and innovation. In other words, I usually read what I’m interested in on this topic and then pick and choose the best for YOU and put my slant on it. This is my small way of changing things- […]

By Bob Turek -- 0 comments

May 15th, 2008

Best CPG PMOs Are Driven by Marketing

Often the people who comment on my posts bring tremendous insights into how project management offices (PMOs) are deployed. Commenting on “Execution Is the Only Strategy That Customers See“, Lisa Koslow at koslowmarketing.com discussed how companies in the consumer packaged goods area focus on project management:
Lisa- Completely agree, that a poorly executed strategy is doomed […]

By Bob Turek -- 0 comments

February 26th, 2008

Facilitating Action Through a PMO

My post “Consulting Customers! Get Your Act Together” elicited some good response from Sensei at ActiveEngine and Miki at Leadership Turn. I lamented about companies who are unable to pull the trigger on the next phase of a valuable project. Miki appropriately focused on the business culture required to enable standardized executive decision making processes; […]

By Bob Turek -- 0 comments

February 17th, 2008

Customer Segmentation Applied to Talent Management

The “Making Talent a Strategic Priority” article in The McKinsey Quarterly referred to applying customer segmentation principles to designing different talent management approaches for segments of the workforce. This starts with recognizing that it’s more than just “top talent” that needs this kind of attention:
“The impact of top talent on corporate performance hasn’t diminished, but […]

By Bob Turek -- 0 comments

Site Meter
Close
E-mail It