In project management, a stakeholder is anyone who is affected by the project. This can be a real or perceived effect. Some are supportive and some are opposed to the project. Some have alot of influence and some have a little. Some are easy to persuade and some are not. But they all have a "stake" therefore project success and stakeholder management are integrally … [Read more...]
By definition, most of the world is average. In today's fast-paced, ever-evolving business landscape, mediocrity often seems to dominate. From corporate cultures that settle for "good enough" to teams that lack motivation and drive, achieving high performance in project management can be a challenge akin to climbing a mountain without hiking boots. Yet, it is … [Read more...]
In 2005, when Airbus was in the development phase of the A380 Superjumbo, they announced a delay in the delivery of the first jet due to internal software issues. One year later, another delivery delay was announced. This time, however, several executives lost their jobs as the share price tumbled 26%. Could the delay have been avoided? Maybe, but this demonstrates … [Read more...]
