Episode 148 – How to Launch, Lead and Sponsor Successful Projects

The podcast by project managers for project managers. The number of projects initiated in all sectors has skyrocketed, yet why do project failure rates still remain alarmingly high? Antonio Nieto-Rodriguez, author of the Harvard Business Review Project Management Handbook: How to Launch, Lead, and Sponsor Successful Projects, emphasizes the value of senior leaders investing in the pursuit of better project management. Table of Contents 02:11 … The World Champion in Project Management03:53 … The Project Economy05:46 … Organizational Ambidexterity10:15 … Low Success Rate of Projects13:31 … Choosing Predictive or Adaptive Agile Methods16:05 … Introducing The Project Canvas18:44 … Three Dimensions of the Project Canvas20:07 … 1.Foundation21:05 … 2.People22:02 … 3.Creation23:20 … Senior Executives and Project Success26:15 … Challenge your Sponsors27:57 … Self-Assessment29:15 … Engagement Triple Constraint33:30 … Advice for Younger Project Managers35:32 … Contact Antonio37:33 … Closing ANTONIO NIETO-RODRIGUEZ:  Senior leaders are not there yet.  They’ve never invested in the importance of project management, building competencies.  Part of what we started here is that they did not appreciate it as a core topic.  They preferred to talk about strategy, innovation, and other things, and rather than project management implementation. WENDY GROUNDS:  Welcome to Manage This, the podcast by project managers for project managers.  I’m Wendy Grounds, and joining me is Bill Yates.  Just a quick thanks to our listeners who reach out to us and leave comments on our website or on social media.  We always love hearing from you.  We know you’re also looking for opportunities to acquire PDUs, your Professional Development Units, towards recertifications.  And you can still claim PDUs for all our podcast episodes.  Listen up at the end of the show for information on how you can claim those PDUs. Our guest today is Antonio Nieto-Rodriguez.  He is an author, practitioner, and consultant who teaches strategy and project implementation to senior leaders.  His research has been recognized by Thinkers50, with its prestigious Ideas into Practice award, and he is featured in the 2020 Global Gurus Top 30 List of Management Professionals.  Antonio has served as chairman of the Global Project Management Institute, and in that role he launched the Brightline initiative.  He is also the founder of Projects & Co, cofounder of the Strategy Implementation Institute, and a member of the Marshall Goldsmith 100 Coaches group. BILL YATES:  Antonio has written several books, as well.  The one that we’re going to focus on today is the new “Harvard Business Review Project Management Handbook.”  You may hear Antonio or us refer to this as the HBR, the Harvard Business Review, in our comments.  And Antonio is joining us from Brussels. WENDY GROUNDS:  Antonio, welcome to Manage This.  We’ve looked forward to our conversation with you today, and so we’re so grateful to you for being with us. ANTONIO NIETO-RODRIGUEZ:  Thanks to you, Wendy.  I’m really happy to be here with you and look forward to this conversation. The World Champion in Project Management WENDY GROUNDS:  Yeah.  Before we get started, I do have a quick question for you.  If you look back, when was the moment when you knew project management was your thing?  How did you get into project management?  And you’ve just done so much in the field of project management.  I think I saw in LinkedIn you’re the world champion in project management, and I love that.  So how did you become that? ANTONIO NIETO-RODRIGUEZ:  Well, it’s a pretty sad story, Wendy.  I recognized that I wanted to work and specialize in project management when I was fired.  I was fired in the sense that I had this big idea in a big consulting firm where I wanted to become partner, and I said, “Let’s develop project management advisory service because everybody’s struggling with projects.”  This is like 20 years.