HBR IdeaCast The Future of Work Is Projects—So You’ve Got to Get Them Right
Nov 9, 2021
Antonio Nieto-Rodriguez, former chairman of the Project Management Institute and author of the Harvard Business Review Project Management Handbook, dives into the rising significance of the project economy. He discusses how two-thirds of projects fail and shares insights on how to structure organizations around projects for success. Nieto-Rodriguez emphasizes prioritization, team engagement, and the necessity of aligning projects with broader business objectives to drive value creation and enhance leadership support. Tune in for practical advice on redefining project management!
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Project Work Evolution
- Project work has evolved on a macro and micro level.
- Macro: project spending has ballooned, micro: company work has shifted from operations to projects.
Importance of Projects & Poor Performance
- Projects drive innovation because of today's rapid pace of change.
- Project management's performance hasn't kept up.
Brussels Hospital Example
- A Brussels hospital opened in 2018, before its projected 2020 completion.
- This shows that companies need faster project benefits due to rapid change.
