Innovation in the past happened in conclaves behind thick walls of R&D departments in organizations.
However, there is a measurable trend: Projects that organizations would have done internally in the past are today handed out to contractors, who in turn may use subcontractors, and so on.
This cross-corporate trend brings speed and agility for the owners of the projects and gives them access to knowledge that they do not have in-house. For the contractors, doing customer projects is a viable business model to bring money home.
However, project business is high-risk business for all parties involved.
Often overlooked are the new requirements that people involved have to meet. On top of technical and organizational challenges, cross-corporate projects bring additional layers of complexity in domains such as commercial and legal. New knowledge and behavioral changes are necessary to master collaborative approaches.
This raises the question: Are people sufficiently prepared to navigate the challenges of the collaborative revolution?
Slot: Sunday, 6 Nov 2022 1:30 pm - 2:30 pm Pacific Standard Time (UTC-08:00)
Oliver F. Lehmann, MSc, ACE, PMP is a trainer in Project Management and the management of Project Business, located in Munich, Germany. He is the world’s most foremost expert in Project Business Management, about which he has written a book and published almost 50 papers.
Oliver found the core problem in Project Business is the lack of research and practitioner education. He says, “today, most people learn doing Project Business Management by trial & error, but trial in a customer project is expensive, and error even more.”
Registration will open on 22 July 2022.
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