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8 Ques'ons for Project Sponsors Walter Popper, Managing Director
Webinar March 9, 2016
For more informa6on, go to fcbpartners.com or call Lindsay Field 617.245.0265
1 ©2016 FCB Partners. All rights reserved.
Why Do You Need a Sponsor?
“Change doesn’t happen unless it’s led. Sponsors have to be integrated into the work of their projects. Only with true ownership will those projects succeed.”
-‐ Chuck Paul, SVP Opera6ons, Allstate
Sponsorship: The process of observa:on, dialog, decision-‐making, and ac:on that guides successful projects from beginning to end.
2 ©2016 FCB Partners. All rights reserved.
Sponsorship Must Be Learned
Some execu:ves are naturals passion for re-‐shaping the business in sync with project cadence – make a plan, work the plan but not micro-‐managers Most learn from experience defining goals, scope, accountability, and resources before a project begins engaging throughout the project – diagnosis, design, implementa6on, adop6on guiding, challenging, and evolving with the team How can you accelerate your sponsor’s learning? establish and develop a meaningful rela6onship pose the right ques6ons, in the right way, at the right moment act together, based on the answers
3 ©2016 FCB Partners. All rights reserved.
1. Why Is this Work Important?
� Important to sponsor and team – skin in the game
� Worthwhile to customers – generates market value
� High priority for the business – contributor to shareholder value
� Sponsor reinforces purpose, priority, and urgency
“Dream more than others think prac'cal. Expect more than others think possible. Care more than others think wise.” – Howard Schultz
4 ©2016 FCB Partners. All rights reserved.
2. What’s on the Cri:cal Path?
� Near-‐ and mid-‐term events, stage gates, and due dates
� Business and market developments that could accelerate or derail the project
� Sponsor as chief project strategist
“Tac'cs without strategy is the noise before the defeat.” -‐ Sun-‐Tzu
5 ©2016 FCB Partners. All rights reserved.
3. Do We Have the Right Players? � The right talent at each stage of the project
� In the right roles and rela6onships
� Project bench strength, career and succession planning
� Sponsor as player coach
“The best 'me to plant a tree was twenty years ago. The second best 'me is now.” -‐ Chinese Proverb
6 ©2016 FCB Partners. All rights reserved.
4. How Are We Doing?
� Accomplishments during the most recent period
� Misses, near misses and lessons learned at major events and stage gates
� Sponsor as observer, appraiser and goal se[er for the next round
“If you keep on doing what you’ve always done, you’ll keep geJng what you’ve always got.” -‐ W.L. Bateman
7 ©2016 FCB Partners. All rights reserved.
5. What Do We Know?
� Relentless inquiry required at every step, not just diagnosis
� Using new-‐found data to challenge legacy assump6ons
� Sponsor asks tough ques6ons, expects insigh_ul answers
“Opportunity is missed by most people because it is dressed in overalls and looks like work.” -‐ Thomas Edison
8 ©2016 FCB Partners. All rights reserved.
6. Where Should We Focus? � Pareto applied to the team’s 6me and a[en6on … and the sponsor’s
� What to stop, where to re-‐direct
� Projects require periodic, disciplined pruning – good results – redouble the effort – poor results – change or drop
� Sponsor as source of judgment, ready to make tough choices
"It is not enough to be busy … so are the ants. The ques'on is, what are we busy about?” -‐ Henry David Thoreau
9 ©2016 FCB Partners. All rights reserved.
7. Who Are Our Allies?
� Messages and how to convey them in each cycle
� Requests, exchanges and how to nego6ate them
� Skep6cs – engaging them without was6ng 6me
� Sponsor as communicator and coali6on builder
"If your ac'ons inspire others to dream more, learn more, do more, and become more, you are a leader." -‐ John Quincy Adams
10 ©2016 FCB Partners. All rights reserved.
8. What Keeps Us Up at Night?
� Risks and roadblocks in the foreseeable future
� Alternate courses of ac6on should the worst occur
� Sponsor as chief risk mi6ga6on officer
“Only the paranoid succeed” – Andy Grove
11 ©2016 FCB Partners. All rights reserved.
To Build a Strong Sponsor Rela:onship, Work Together on these 8 Ques:ons:
1. Why is this work important: To us? To customers? To the business?
2. What’s on the cri<cal path in the next few months and beyond?
3. Do we have the right players? In the right roles? Doing the right work?
4. How are we doing -‐ what have we accomplished, missed, and learned?
5. What do we know and need to know, to go forward?
6. How can we focus on what ma[ers most? Stop what’s non-‐essen6al?
7. Who are our allies and skep6cs? What do we need from them?
8. What keeps us up at night? And what’s our ‘plan B’?
12 ©2016 FCB Partners. All rights reserved.
FCB 2016 Public Courses
Event Dates and Loca:on
Change Leaders and Catalysts Advanced Cer<fica<on Course Arlington, VA, April 4-‐5
Process Redesign Hammer Cer<fica<on Course Arlington, VA, April 5-‐8
Implementa:on and Execu:on Advanced Cer<fica<on Course Arlington, VA, April 6-‐7
Power of Process Hammer Cer<fica<on Course New Orleans, LA, October 24-‐25
Leading Transforma:on Hammer Cer<fica<on Course New Orleans, LA, October 26-‐28
13 ©2016 FCB Partners. All rights reserved.
Change Leaders and Catalysts A course on advocacy, sponsorship, and influence for business process change management
When you change what people do – how they work, tools they use, performance measures, and who’s in charge – you need a change strategy: Why, what, where, and how things will change.
What we cover: Early-‐stage change management • Establishing ‘why’ – the case for ac6on • Nego6a6ng ‘what’ – project sponsor, process owner, and func6on managers • Targe6ng ‘where’ – project gates, process steps, and performer roles • Techniques for ‘how’ – stakeholder mapping, communica6ons, and influence
Who should take this course: Early stage process and project leaders • Business Process Managers • Business and IT Project Managers • Lean, Six Sigma and IT specialists What you will learn • Create and communicate a compelling narra6ve • Recruit a network of decision makers, opinion leaders, and doers • Build momentum through words, ac6ons, and events • Accelerate buy-‐in and set the stage for improvement
14 ©2016 FCB Partners. All rights reserved.
For More Informa:on FCB Partners
Lindsay Field, Program Director
617 245 0265 [email protected]