Less is More

For Real Productivity, Less is Truly More – The Conversation – Harvard Business Review

The way we’re working isn’t working — for employees or for their employers. There is a better way to fuel productivity and high performance. The first key to changing the way we work is recognizing that the value of those you manage isn’t generated by the number of hours they work, but rather by how much value they produce during the hours we are working. Working longer hours, juggling more tasks and answering more emails isn’t the solution.

No Jobs = Strategy

The Strategic Imperative Not to Hire Anybody – The Conversation – Harvard Business Review

While companies may be doing the strategically correct thing by refusing to hire, the collective result is, of course, a catastrophe. Corporations may have concluded that they can grow profits without adding to their ranks, but meanwhile the proportion of the work force un- or underemployed approaches 20%.

The 5 Goals of a Project Manager

Jason Westland, has a lengthy Project Management career that has taken him all around the globe. With 15 years experience managing multi-million dollar projects, building high growth companies and creating new project management products Jason knows what it takes for a project to succeed.

Jason now runs a very successful project management website developing templates and training other professional managers how to reach success in the projects they manage. He is also the author of “The Project Management Life Cycle” and has overseen hundreds of projects around the world.

I am pleased to offer my readers a guest post from Jason on The 5 Goals of a Project Manager. Great advice for work and life.  His entire post follows.  If you would like a Word document, click on the link.  To read more about Jason’s work I’ve added some links on the sidebar under Project Management.

The 5 Goals of a project manager

As a Project Manager, you need to manage people, money, suppliers, equipment—the list is never ending. The trick is to be focused. Set yourself 5 personal goals to achieve. If you can meet these simple goals for each project, then you will achieve total success. So read on, to learn…

The 5 Goals of a Project Manager

These goals are generic to all industries and all types of projects. Regardless of your level of experience in project management, set these 5 goals for every project you manage.

Goal 1: To finish on time

This is the oldest but trickiest goal in the book. It’s the most difficult because the requirements often change during the project and the schedule was probably optimistic in the first place.

To succeed, you need to manage your scope very carefully. Implement a change control process so that any changes to the scope are properly managed.

Always keep your plan up to date, recording actual vs. planned progress. Identify any deviations from plan and fix them quickly.

Goal 2: To finish under budget

To make sure that your project costs don’t spiral, you need to set a project budget at the start to compare against. Include in this budget, all of the types of project costs that will accrue, whether they are to do with people, equipment, suppliers or materials. Then work out how much each task in your plan is going to cost to complete and track any deviations from this plan.

Make sure that if you over-spend on some tasks, that you under-spend on others. In this way, you can control your spend and deliver under  budget.

Goal 3: To meet the requirements

The goal here is to meet the requirements that were set for the project  at the start. Whether the requirements were to install a new IT system, build a bridge or implement new processes, your project needs to produce solutions which meet these requirements 100%.

The trick here is to make sure that you have a detailed enough set of requirements at the beginning. If they are ambiguous in any way, then what was initially seen as a small piece of work could become huge, taking up valuable time and resources to complete.

Goal 4: To keep customers happy

You could finish your project on time, under budget and have met 100% of the requirements—but still have unhappy customers. This is usually because their expectations have changed since the project started and have not been properly managed.

To ensure that your project sponsor, customer and other stakeholders are happy at the end of your project, you need to manage their expectations carefully. Make sure you always keep them properly informed of progress. “Keep it real” by giving them a crystal clear view of progress to date. Let them voice their concerns or ideas regularly. Tell them upfront when you can’t deliver on time, or when a change needs to be made. Openness and honesty are always the best tools for setting customer expectations.

Goal 5: To ensure a happy team

If you can do all of this with a happy team, then you’ll be more than willing to do it all again for the next project. And that’s how your staff will feel also. Staff satisfaction is critical to your project’s success.

So keep your team happy by rewarding and recognizing them for their successes. Assign them work that complements their strengths and conduct team building exercises to boost morale. With a happy motivated team, you can achieve anything!

And there you have it. The 5 goals you need to set yourself for every project.

Of course, you should always work smart to achieve these goals more easily.

Jason Westland has 15 years experience in the project management industry. From his experience he has created software to help speed up the management process. If you would like to find out more information about Jason’s online project software visit http://projectmanager.com/

Another View of the War in Mexico

Business owners and investors!I’ll be in San Antonio for the annual AHOU meeting.

I’m looking forward to seeing how the city has changed since my last visit.

Who’s creating US jobs? Mexicans. / The Christian Science Monitor – CSMonitor.com

“In fiscal year 2008, the US issued E-1 and E-2 visas to 1901 Mexicans and their families, nearly three times the level of a decade before. “

Where are all of these Mexican immigrant investors going? San Antonio!

Outsourcing v. Permanent Hires

Calculated Risk: Diffusion Index and Temporary Help

The thinking is that before companies hire permanent employees following a recession, employers will first increase the hours worked of current employees and also hire temporary employees. Since the number of temporary workers increased sharply, some people think this might be signaling the beginning of an employment recovery.

However, there has been some evidence of a shift by employers to more temporary workers, and the saying may become “We are all temporary now!”, so use this increase with caution. For more, including some cautionary comments from a BLS economist on using temporary help, see Tom Abate’s article in the San Francisco Chronicle.

The problem, of course, is the fact that temps and perma-temps are the first to be terminated at the beginning of a business cycle downturn and the first to be hired when the cycle turns back upwards.  If you’re a temp, that is.  Read the entire SF Chronicle article.  It’s a good, short read.

Health Insurance for Freelancers

This is an interesting development in the world of temporary and contract workers.  Bear in mind, once you become a W-2 that changes the composition of your business as a self-employed individual.  Examine the pluses and minuses before making a switch like this.

Outsourcing Firm’s Latest Offering: Health Insurance – BusinessWeek

Switching to services like oDesk Payroll has tax implications for freelancers as well. While workers who switch will no longer be subject to the self-employment tax, they will also lose many of the deductions they claim as contract employees.