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Industry Exploration
The Inside Scoop on What It’s Like to PM




Project Management Institute
Central Massachusetts Chapter
July 14, 2009
Facilitator: Maya Townsend, Partnering Resources
617.395.8396 o maya@partneringresources.com o www.partneringresources.com
About the Presenter

      • Founder of management consulting firm Partnering Resources.
      • Specializes in identifying the hidden web of relationships that drive
        organization performance and helping leaders reach across the “white
        spaces” to develop solutions that stick.
      • Client list includes Alcatel-Lucent, eCopy, eTeck, Fidelity, Financial
        Profiles, Hanover Insurance Group, Momenta Pharmaceutical, and
        Novartis, as well as a variety of public and third sector companies such
        as Andover / Phillips Academy, Close to Home, National Air and Space
        Administration, and Project Harmony.
      • Teaches leadership, strategy, and alignment at Northeastern University
        and Boston University Corporate Education Center.
      • Published by CIO.Com, Mass High Tech, Chief Learning Officer, and
        other magazines and journals.
      • Serves on the Editorial Review Board for OD Practitioner, the premier
        organization development practitioner journal in the United States.


       Contact: 617.395.8396 o maya@partneringresources.com o www.partneringresources.com




2
    © 2009 Maya Townsend
Agenda
       • Welcome
       • 20 Questions
       • Industry Exploration
               – Round 1: 15 minutes at the table of your choice
               – Round 2: 15 minutes at a second table
               – Round 3: 15 minutes at a final table
       • Debrief & Lessons Learned
       • Next Steps



3
    © 2009 Maya Townsend
Job Changing is the Norm

      • 10% of people: < 5 jobs

      • 40% of people: 11+ jobs




4
    © 2009 Maya Townsend Data: Bureau of Labor Statistics (www.bls.gov)
Jobs Depend on Social Capital
        Human Capital                                                Social Capital
        What you know                                                Who you know




5
    © 2009 Maya Townsend Image: Stock photo & Partnering Resources
People with High Social Capital
      •     Find better jobs more quickly
      •     Are more likely to be promoted early
      •     Receive larger bonuses
      •     Enhance the performance of their
            teams
      •     Help their teams reach their goals more
            rapidly
      •     Perform better as PMs
      •     Help teams generate more creative
            solutions
      •     Coordinate projects more effectively
      •     Receive higher performance
            evaluations




6                        Data: R. Burt (1992), R. Burt (2000), S. Gabbay (1997), Mizruchi & L. Stearns (2000), M. Hansen (1998), A. Gerve (1999), D.
    © 2009 Maya Townsend Ancona & D. Caldwell (1992), M. Gargiulo & M. Benassi (2000), R. Burt, J. Jannotta, & J. Mahoney (1998).
Industry Exploration
       • Three rounds of 15 minutes each
       • You can:
               – Stay at the same table for 45 minutes
               – Go to one table each round
               – Join a table as an industry SME
       • Rules of engagement:
               – Whoever comes are the right people
               – Take responsibility for your experience
               – Share the space




7
    © 2009 Maya Townsend
The Industries
     1.       Pharmaceutical              1.   Utilities
     2.       Healthcare                  2.   Insurance
     3.       Retail                      3.   Financial Services
     4.       Defense                     4.   Education
     5.       High Tech / Manufacturing   5.   Construction
     6.       Consulting




8
    © 2009 Maya Townsend
Industry Exploration
The Inside Scoop on What It’s Like to PM




Project Management Institute
Central Massachusetts Chapter
July 14, 2009
Facilitator: Maya Townsend, Partnering Resources
617.395.8396 o maya@partneringresources.com o www.partneringresources.com

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Project Management Industry Exploration

  • 1. Industry Exploration The Inside Scoop on What It’s Like to PM Project Management Institute Central Massachusetts Chapter July 14, 2009 Facilitator: Maya Townsend, Partnering Resources 617.395.8396 o maya@partneringresources.com o www.partneringresources.com
  • 2. About the Presenter • Founder of management consulting firm Partnering Resources. • Specializes in identifying the hidden web of relationships that drive organization performance and helping leaders reach across the “white spaces” to develop solutions that stick. • Client list includes Alcatel-Lucent, eCopy, eTeck, Fidelity, Financial Profiles, Hanover Insurance Group, Momenta Pharmaceutical, and Novartis, as well as a variety of public and third sector companies such as Andover / Phillips Academy, Close to Home, National Air and Space Administration, and Project Harmony. • Teaches leadership, strategy, and alignment at Northeastern University and Boston University Corporate Education Center. • Published by CIO.Com, Mass High Tech, Chief Learning Officer, and other magazines and journals. • Serves on the Editorial Review Board for OD Practitioner, the premier organization development practitioner journal in the United States. Contact: 617.395.8396 o maya@partneringresources.com o www.partneringresources.com 2 © 2009 Maya Townsend
  • 3. Agenda • Welcome • 20 Questions • Industry Exploration – Round 1: 15 minutes at the table of your choice – Round 2: 15 minutes at a second table – Round 3: 15 minutes at a final table • Debrief & Lessons Learned • Next Steps 3 © 2009 Maya Townsend
  • 4. Job Changing is the Norm • 10% of people: < 5 jobs • 40% of people: 11+ jobs 4 © 2009 Maya Townsend Data: Bureau of Labor Statistics (www.bls.gov)
  • 5. Jobs Depend on Social Capital Human Capital Social Capital What you know Who you know 5 © 2009 Maya Townsend Image: Stock photo & Partnering Resources
  • 6. People with High Social Capital • Find better jobs more quickly • Are more likely to be promoted early • Receive larger bonuses • Enhance the performance of their teams • Help their teams reach their goals more rapidly • Perform better as PMs • Help teams generate more creative solutions • Coordinate projects more effectively • Receive higher performance evaluations 6 Data: R. Burt (1992), R. Burt (2000), S. Gabbay (1997), Mizruchi & L. Stearns (2000), M. Hansen (1998), A. Gerve (1999), D. © 2009 Maya Townsend Ancona & D. Caldwell (1992), M. Gargiulo & M. Benassi (2000), R. Burt, J. Jannotta, & J. Mahoney (1998).
  • 7. Industry Exploration • Three rounds of 15 minutes each • You can: – Stay at the same table for 45 minutes – Go to one table each round – Join a table as an industry SME • Rules of engagement: – Whoever comes are the right people – Take responsibility for your experience – Share the space 7 © 2009 Maya Townsend
  • 8. The Industries 1. Pharmaceutical 1. Utilities 2. Healthcare 2. Insurance 3. Retail 3. Financial Services 4. Defense 4. Education 5. High Tech / Manufacturing 5. Construction 6. Consulting 8 © 2009 Maya Townsend
  • 9. Industry Exploration The Inside Scoop on What It’s Like to PM Project Management Institute Central Massachusetts Chapter July 14, 2009 Facilitator: Maya Townsend, Partnering Resources 617.395.8396 o maya@partneringresources.com o www.partneringresources.com