Page 235 - kf fyi for your improvement license eng 3-4-15
P. 235

7.  Keeping  others  in  the  dark?  Communicate  plans  with  stakeholders.  The  cooperation  and
                   engagement  of  stakeholders  will  be  crucial  to  achieving  your  plan’s  objectives.  Identify  your  key
                   stakeholders.  What  are  their  interests  and  needs?  How  much  information  do  they  want?  What
                   vehicles of communication do they prefer? At what frequency? Develop and follow a communication
                   plan  to  stay  in  touch  with  them.  Communicate  the  overall  aims,  approach,  and  time  line  of  your
                   project.  Include  meaningful  milestones,  such  as  when  you  need  their  input  on  decisions  or  for
                   approvals.  Let  stakeholders  know  what’s  progressing  according  to  plan  and  what  is  not.  If  you
                   anticipate problems or delays, inform those who will be affected as soon as possible and determine
                   workable solutions.



                  Want to learn more? Take a deep dive…
                  Harding, C. (2010, January 14). Project status reporting process. Project Management Online.

                  Lavoie, A. (n.d.). Ignoring this issue could ruin your company. CEO.
                  Mekšs, D. (2012). 30 Greatest online project management and collaboration tools for easy
                    communication! 1st Web Designer.
                  Merrett, R. (2012, July 31). Want project success? Engage stakeholders. CIO Magazine.



               8.  Not  tracking  details  closely  enough?  Monitor  progress  against  the  plan.  If  a  leader  or
                   stakeholder  asks  an  important  question  related  to  the  status  of  your  project,  could  you  respond
                   quickly  and  accurately?  Could  you  estimate  time  to  completion?  Provide  a  budget  update?  At  the
                   outset of the project, develop a system for tracking time lines and measures that are meaningful to
                   team  members  and  stakeholders—cost  and  quality  control,  scheduling  variances,  scope  changes,
                   resource usage. When in doubt, return to your objectives. What are you trying to do? Review success
                   criteria  regularly—have  a  dashboard  of  these  metrics  within  easy  reach.  Periodically  distribute
                   executive summaries to all parties. Supplement the summaries with additional information relevant for
                   specific groups. Give everyone involved in implementing the plan progress reports. When you reach
                   milestones, share updates related to achievements, decisions, potential risks, and next steps.


               9.  Not anticipating potential roadblocks? Envision the plan in process. Take time to picture what
                   could  go  wrong  from  the  start  of  the  plan  to  its  completion.  Discuss  potential  scenarios  with
                   colleagues  who  have  diverse  vantage  points.  How  might  things  play  out?  What’s  the  worst-case
                   scenario? What other setbacks or glitches might occur? Rank the  potential problems from highest
                   likelihood  to  lowest  likelihood.  What  will  you  do  if  the  highest  likelihood  things  happen?  Create
                   contingency plans for each. Take steps to prevent problems and monitor warning signs. Pay close
                   attention to the weakest links. These are usually groups or elements you have the least interface with
                   or control over (perhaps someone in a remote location, a consultant or supplier). Stay doubly in touch
                   with the potential weak links. Things can change quickly, so at various milestones, go back through
                   your mental checklist. Anticipate and have Plan B ready.


               10. Overly  optimistic  when  developing  plans?  Plan  for  the  unplanned.  Many  use  “best-case
                   scenario” formulas when making initial plans. They’re eager to please the customer. To deliver top-
                   quality results quickly and affordably. Stretch goals are admirable. But overpromising isn’t practical or
                   smart—it can lead to execution problems and fallout from unmet expectations. It can also make the

                                   © Korn Ferry 2014-2015. All rights reserved. WWW.KORNFERRY.COM

                                                              235
   230   231   232   233   234   235   236   237   238   239   240