Project Management Today


April 30, 2006

Here’s the Problem with America Business

Filed under: Projects — Administrator @ 4:43 pm

I was going around the web looking for interesting tidbits and found this pile of junk. Have a read!
Chief executive officers at 367 top U.S. corporations were paid, on
average, $431 last year for every $1 paid to their companies’ average
production worker, according to publicly available information jointly
compiled in September by Institute for Policy Studies and United for a
Fair Economy. In 1990, the ratio was about $100-to-$1. (If the federal
minimum wage had increased since 1990 by the same rate as the multiple
for CEOs’ pay, it would have risen from $5.15 an hour to $23.03, but, of
course, it’s still $5.15.) [New York Times, 9-4-05]

Now is it any wonder the country is going to heck in a bicycle basket?

April 27, 2006

Use business cards for that extra push

Filed under: Project Management — Administrator @ 6:53 pm

One of the first things you get when you meet a professional contact for the first time is a business card. A simple gesture to reach into the pocket, wallet or card case and to offer a business card is the very first impressions you or your business contact are likely to have of each other. In fact, this simple and effective card is one of the most important things you can ever collect. Several professionals have enjoyed great success on the strength of the business cards in their rolodex. Super salesmen are so because they have the business cards of several dozen contacts with them. One could also go so far as to say that in the present day world, a business card, or the right business cards, are like a currency in their own right!

So what would you do with a business card if is said:

I just bought my new car by investing in this special stock that continues to grow 20% per month!
Call me and I’ll let you in on the secret

Most people, if they’re into the stock market and buying stocks would at least give you a call.

Now consider using this same technique to generate support for your new project. How about things like…

Saving 10 million dollars this year could make our stock go up a dollar a share. Ask me how we can make this happen

OR

Freeing up 5 people from the work they’re doing now can get our new product launched 6 months earlier, and that may mean BONUS TIME! Ask me how!

Don’t be fooled by the size of the average business card. After all, the old adage says that dynamite does come in small packages! Even though it is small, an average business card could contain your message, a postive or call to action and anything else important to the project. You would be surprised how much interest this will draw!

April 23, 2006

Project Management and Six Sigma

Filed under: Project Management, Projects — Administrator @ 10:42 pm

The latest incarnation of Peter Drucker management and Dr. Demming improvement techniques is called six sigma. From the old Just in time and other management methods have been refocused into this latest plan.

Six Sigma is the focused on improvements based on data and a five step process. The DMAIC process encourages teams to develop a clearly defined project plan that includes a problem statement, team and resource needs, benefits and risks. The measure phase uses data to determine the extent of the problem but also allows for a baseline to be developed to determine success of the project.