innovation

Now, Take The Apple, Dearie, And Make A Wish

By |December 5th, 2013|Categories: time|Tags: , , , , , |Comments Off on Now, Take The Apple, Dearie, And Make A Wish

In 1934 southern California, a successful animator of cartoon shorts embarked on a project to make, for the first time, a feature-length cartoon. The cost to create it was estimated to be $250,000 over two years. But when the story line kept changing, the budget skyrocketed to $1.4 million, and the project timeline nearly doubled.

If you haven’t already guessed it, the animator was Walt Disney and the film was Snow White and the Seven Dwarfs. It earned over $7 million in its first run, paving the way for Walt Disney Company to deliver other astonishing firsts.

In terms of project success measures, the project was abysmal. Disney blew the schedule, budget and scope, but for understandable reasons:

Nevertheless, in terms of sponsorship, the project was wildly successful. Here’s why:

This imbalance of strong sponsorship on the one hand, and an insufficient project management process on the other, is fairly common for companies at the 1.2 to 1.7 maturity level. This is a people-centric model centered on passionate individuals, but it doesn’t scale when four or five projects are being pursued in tandem. Assuming everyone at a company doesn’t have the passion or vision to drive his project à la Mr. Disney, it becomes essential to install and implement process, which moves you closer  to crossing over the level 2 maturity hurdle.

Disney did just that. Over time, he learned from his project management mistakes, leveraged this learning to build a repeatable process, and further developed his visionary sponsorship to give his customers something new and extraordinary time and time again.  For Walt Disney, it wasn’t all just wishing on a star—he is one of the greatest American innovators because of his mastery of realization.

If you’ve worked on a
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October: Conscious Planning

By |October 4th, 2011|Categories: Planning|Tags: , , , , , , , , , |Comments Off on October: Conscious Planning

October is probably the most grueling month of the IT planning cycle, given the exorbitant amount of time expended in meetings. Each department—Sales, Marketing, R&D and Manufacturing—will meet with its IT counterpart to plan next year’s projects. These meetings should be dialogue-driven events that result in a shared understanding of anticipated business drivers over the next 12-18 months, current market conditions, emerging trends, and specific strategies to capitalize on opportunities. In preparation for these meetings, it would also be helpful for IT to conduct a SWOT analysis (strengths/weaknesses/opportunities/threats) comparing your company to 3 or 4 competitors. Not only will this assessment point out technical strengths and weaknesses, but it is always wise to know what the competition is up to.

Unfortunately, October is also a time of enormous pressure, as both IT and the Business push hard to achieve MBO deliverables before the end of the year. Too often, the competing time constraints of completing existing projects while planning new ones causes Business to default on the planning side, leaving IT to design new projects on its own. This lack of input from Business leads to “silo” thinking: “We know what they [the Business] really want or need.”

Now, in a perfect world, Business would remain engaged with the IT Account Manager—the one who not only has the best vantage point from which to understand and articulate Business’s needs, but is also well-equipped to offer ideas and solutions to address those needs holistically (end-to-end) rather than piecemeal. But, if Business opts out and IT can’t get it back to the table, or IT believes it actually can do the planning on its own, the next step needs to be the creation of a business case, or
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