Project Management without business and domain knowledge is dead. It is time for project and product leadership. These as slides talks about PMI Talent Triangle and how to use that as framework for moving to Product and Project Leadership

1. 1
It’s the time for product leadership!
Ravi Kanniganti
10 September 2015

2. 2It’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. 3
Today’s IT Project Managers are concerned
and worried…
It’s the time for product leadership!
Agile: We don’t need project manager

4. 4
India is moving towards product economy
It’s the time for product leadership!
Zinnov’s Infographic on India. Zinnov.com

5. 5
Just managing triple constraint is not good
enough..
It’s the time for product leadership!
http://www.pmi.org/learning/talent-management-resources.aspx

6. 6
Strategic & Business Management and
Leadership Skills are must for today’s PM
It’s the time for product leadership!
http://www.pmi.org/learning/talent-management-resources.aspx

7. 7
Need to understand how Project
Management adds value
It’s the time for product leadership!
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
LeadingLagging
Product Quality
PMO/Resource
Management
Developed by
Ravi Kanniganti
Business

8. 8
Projects are for executing strategy
It’s the time for product leadership!
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. 9
Need for Strategic Alignment
It’s the time for product leadership!
= 0
Multiple Projects and Programs but result is Zero
Geoffrey Moore 2005 from the book “Dealing with Darwin”
Strategy

10. 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.
It’s the time for product leadership!
Strategy
IIL 2008 International Institute for Learning, Inc.

11. 11
Institutionalize Portfolio and Benefits
Management
It’s the time for product leadership!
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. 12
Practice Situational Leadership
It’s the time for product 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. 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
It’s the time for product leadership!
Leadership

14. 14
Understand Productization Process and
what customers are paying for
It’s the time for product leadership!
After Sales
Support/Upgrades
Brand/Packaging
Scalability/Quality
/Warranty
User
Experience
Core
Product/Solution
Business

15. 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 !!
It’s the time for product leadership!
PMI Talent Triangle

16. 16
Contact Details
Ravi Kanniganti, PMP, MBA
rkanniganti@gmail.com
https://www.linkedin.com/in/ravikanniganti
ravikanniganti.prosite.com
It’s the time for product leadership!