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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

FCB Partners Webinar: 8 Questions for Your Project Sponsor

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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]