The PMI (Project Management Institute) released their 2018 Pulse of the Profession report. The report gives good insight into the current state of global project management.
What I found most interesting was the effect of disruption on project management. We are in the midst of digital disruption affecting almost all industries. A good part of manual work has already been replaced by automation. AI, Big Data, Data Intelligence, and Healthcare reforms are a few of the disruptive trends already affecting businesses.
Dr. Michael Chui, a partner at McKinsey Global Institute, said that knowledge of these disruptions is crucial for project managers. It’s important to “understand the art of the possible and try to stay at least abreast, if not ahead, of what these technologies can do.”
Project management is no longer only about managing scope, schedule and budget. Project managers need much more than technical skills. They must be able to lead strategic initiatives that drive change in organizations.
Dealing with digital disruption, leadership skills and business acumen are critical skills. Organizations would be well advised to invest in training to help their project managers build upon these skills. In PMI’s survey, 51% of respondents reported that soft skills are much more important today than they were just 5 years ago.
It’s ironic, the more digital the world becomes, the more the need for basic human skills increases. Emotional and social intelligence are critical assets for project managers. I recognized this growing need for soft skills in project management, years ago. The need goes beyond project management. In information technology, there is a drought of emotional intelligence.
Project managers must deliver more value than the functional aspects of project management. As a program and project management consultant, I strive to build relationships and provide leadership. I want to go beyond scope, schedule and cost, and I expect the same out the project managers I work with.
If your business is in need of project managers who have the soft skills needed to respond to disruption, reach out to us at MacIsaac Consulting. We are here to be of service.