Product and Project Leadership

1

It’s the time for product leadership!

Ravi Kanniganti

10 September 2015

2 It’s the time for product leadership!

Agenda

• Current situation with IT project managers

• Current trends redefining India product economy

• PMI’s Talent Triangle

• Talent Triangle – Strategy

• Talent Triangle – Leadership

• Conclusions

3

Today’s IT Project Managers are concerned

and worried…


Agile: We don’t need project manager

4

India is moving towards product economy


Zinnov’s Infographic on India. Zinnov.com

5

Just managing triple constraint is not good

enough..


http://www.pmi.org/learning/talent-management-resources.aspx

6

Strategic & Business Management and

Leadership Skills are must for today’s PM


http://www.pmi.org/learning/talent-management-resources.aspx

7

Need to understand how Project

Management adds value


PM Activities

Internal Business Processes

Customers

Financial

Dependency Tracking Risk Management

PM Training, PM Best Practices

Employee suggestions

Good Execution

Process quality

Lower rework

Customer satisfaction On-time

delivery

Accounts receivable

Higher OI

Lower Operating expenses

Lead

ing

L

ag

gin

g

Product Quality

PMO/Resource Management

Developed by

Ravi Kanniganti

Business

8

Projects are for executing strategy


Vision Mission Org

Strategy

BU 1 Strategy

Program A

Project 1

Project 2

Project 3

Program B

Project 1

Project 2

Project 3

Program C

Project 1

Project 2

Project 3

BU 2 Strategy

Strategic Planning Portfolio Management

Project 1

Project 3

Project 3

Project 2

Project 3

PM

Strategy

9

Need for Strategic Alignment


= 0 Multiple Projects and Programs but result is Zero

Geoffrey Moore 2005 from the book “Dealing with Darwin”

Strategy

10

Eight Postulates of Dr.Harold Kerzner

• Postulate 1: It doesn’t matter if you execute a project extremely well or

extremely poorly if you are working on the wrong project.

• Postulate 2: Being on time and on budget is not necessarily success.

• Postulate 3: Completing a project within the triple constraint does not guarantee

that the necessary business value will be there at project completion.

• Postulate 4: Having mature project management practices, including an

enterprise project management methodology, does not guarantee that business

value will be there at project completion.

• Postulate 5: Price is what you pay. Value is what you get. Warren Buffett

• Postulate 6: Business value is what your customer perceives as worth paying

for.

• Postulate 7: Success is when the desired business value is achieved.

• Postulate 8: Following a project plan to conclusion is not always success if

business-related, value-added changes were necessary but never implemented.


Strategy

IIL 2008 International Institute for Learning, Inc.

11

Institutionalize Portfolio and Benefits

Management


Portfolio

Management

Benefits

Management

Project

Management

Are we doing the right things?

• Fit

• Governance

• Re-allocation

Are we getting benefits?

• Metrics for measurement

• Verification and Validation

• Resource Management

Are we doing it right?

• Scope

• Schedule

• Cost

• Quality

Strategy

12

Practice Situational Leadership


• Coach

• Negotiator

• Commander

• Fortune Teller

• Story Teller

• Bookkeeper

• Map Maker

• Traffic Police

• Networker

• The Referee

• Cheer Leader

• PR Specialist

• Cross Functional

Leader

• The self-coach

• Psychologist

• Accountant

• Law enforcement

• Tact of Diplomat

• Rule breaker and not

law breaker

• Historian

• Judge

• Task Master

• Good Listener

Leadership

13

Build Credibility and Trust

Interpersonal Skills: • Building Trust

• Resolving Conflicts

• Active Listening

• Overcoming Resistance to change

Management Skills: • Facilitate consensus towards project

objectives

• Influencing people

• Negotiations skills

• Modify organizational behavior


Leadership

14

Understand Productization Process and

what customers are paying for


After Sales Support/Upgrades

Brand/Packaging

Scalability/Quality/Warranty

User Experience

Core Product/Solution

Business

15

Conclusion

• Project Management without business context and just

managing triple constraints is dead.

• Project managers must have strategic & business

understanding along with leadership skills for making right

business decisions. PMI’s talent triangle provides a good

framework for the same.

• India is moving towards Product economy and it is an exciting

time to use our core project management skills as depicted in

PMI Talent triangle plus Productization knowledge to become

Product Leaders. This would redefine India and your career !!


PMI Talent Triangle

16

Contact Details

Ravi Kanniganti, PMP, MBA

[email protected]

https://www.linkedin.com/in/ravikanniganti

ravikanniganti.prosite.com


mailto:[email protected]

Leadership & Management

Product and Project Leadership