Video - Double the impact in half the time

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Managing Partner in Implement Niels Ahrengot explains what it takes to create double the impact in half the time in our projects.

Transcript - Double the impact in half the time


00:32

only a few times during a long career do

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you face a big idea and really big idea

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one that potentially if nurtured right

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might become bigger than yourself you

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don't know it but you have this feeling

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and honestly I have this feeling right

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now it's a simple idea with a huge

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impact but but let me take you a little

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bit back in time back to 1968 I lived in

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just 10 kilometers north of community

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it's about 5 kilometers that way

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in a typical suburb with the villas from

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the 1920s mixed up with industrial areas

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this is me and my friends the is in the

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middle is me and we played we played

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football on the lawn in front of the

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porcelain factory you can see there

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every afternoon please follow me on this

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journey so please close your eyes

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everybody close your eyes and feel the

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heat from the big ovens smell the scent

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of metal hear the noise from the

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conveyence and see the fine dust all

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over the area

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this is the sound of the factory whistle

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can you imagine the big crowd of men and

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women dressed in blue running out of the

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main gate

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that afternoon smell the dark on

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your brand-new sneakers that your mom

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told you not to play football in yeah

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please open your eyes

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this is 1968 in Olympia and by the way

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this is my brother and this is Limpy

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today the postman Factory is long gone

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they produce Boston elsewhere in the

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world but even though the factories are

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gone they're actually more workplaces in

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limpid nowadays than there was in 1968

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but there are very few people in

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Google's people in Olympia actually

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dresses or dress like you do and like I

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do so so it's it's a different if it's a

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different city and and this dramatic

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change in in the workforce has happening

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during these 50 years it has happened in

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room it has happened in the rest of the

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Western world as you can see here on

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this slide there are entry more

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workplaces but different works

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workplaces very different the people

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that go to work in the Western world

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today they do another type of work they

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do management

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they do logistics they do Rd they do

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admin they do all kinds of strange jobs

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sometimes named knowledge work let's

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just call it white-collar Chile this

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type of work that they do you do I do is

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to a very large extent what I would call

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one of assignments and that actually has

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the name it's called a project it's

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actually a project Factory a project

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Factory and that project Factory is part

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of a project society welcome to the

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project society

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22% of the world's GDP is actually

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projects and that number are increasing

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pretty rapidly so if you look into the

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Western world 35 percent of the GDP in

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the Western world was projects in 2010

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and in 2020 it's predicted to be 40

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percent so welcome to the project

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society with a lot of project factories

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only 1/3 of all the projects that we do

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I actually successful projects and that

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number hasn't really changed for the

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past 50 years of course the nature of

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projects is that it contains uncertainty

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so the number will never become 100 but

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we haven't really seen any project Civet

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during the last 50 years we are actually

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really I'm sorry to say really

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unproductive could you keep this one

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just one thing this this chair in the

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same 50 years has become 2 to 3 percent

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cheaper or better every year meaning

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that if you do the math it has become

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four times better or four times cheaper

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or 2 times better and 2 times cheaper

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whatever you prefer in those 50 years

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this is an F and a fantastic achievement

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done by the blue men and women in our

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lean product factories if and I do say

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if we had seen the same development in

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project CPG we would actually be able to

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deliver projects with of the impact in

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half the time today that the classic

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protect management with you could say

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approach is inherited from the days of

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the porcelain factory the days where the

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world was pretty stable and at a time

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when success was to deliver what you

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promised to deliver a project out of the

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project to deliver on time on cost and

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on quality to deliver in accordance with

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a plan or a contract

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we need to rethink that and the idea of

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rethinking product management is not new

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it has been around in the academic world

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for the past 20 years from product focus

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to impact folks we need an agile

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approach we need agility and we have

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seen agile methodologies in software

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development we have seen new working

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methods in the software in the tech

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companies but we need a radically

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different approach to the discipline of

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project management and is the surprise

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we know the ingredients because there

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are so many so many great projects to

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study out there and there's the second

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surprise nobody had has really put these

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ingredients together we did that we did

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that together with 10 leading global

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organizations leading global project

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veterans and a fabulous community of

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more than 1500 practitioners and the

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result it's they have government

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ethology

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and it's really simple it's about

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putting an extreme focus on three core

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elements impact flow and leadership we

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have done more than twenty half-double

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projects in implementers we have on

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average reduced the lead time by 40%

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and we actually developed the concept as

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we did that it's extremely powerful a

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project without impact is basically

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waste you the project manager of the

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project leader or the project sponsor

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you are responsible for delivering

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impact not only the product when I did

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my PhD thesis I spent three years

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conducting experiments writing papers

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and writing a 533 patents report

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nobody except my introvert Swedish

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professor has ever read that we thought

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it's a complete waste what I've asked

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success is not to deliver what you

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originally planned success is to create

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implant or stakeholder satisfaction the

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secret of half novel is actually very

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simple is to create impact why you

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deliver the product not after the

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product is delivered so if you want to

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write a book have the audience read the

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book before it's printed we actually did

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that if you want to teach two years

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curriculum in math do it in two weeks we

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actually helped doing that if you want

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to implement a new CRM system in a huge

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organization to improve top-line insist

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on impact in

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- money not in two years time because

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and dude small because you will learn as

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you go along you will learn and start

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with the impact case because that's

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acted the tool for that very simple

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insist on the shortest time to impact

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because you will learn and remember that

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in a constantly changing world the best

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measure for impact is actually

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stakeholder satisfaction that's why we

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need a high frequency feedback mechanism

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with the stakeholders

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hence the posture we need flow with the

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projects

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it starts with co-located teams the

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simplest trick so project symmetry in

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the project factory this doesn't go

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along very well with a classical

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hierarchy where the line meridian once

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you have control over the resources set

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them free

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we know from numerous studies that

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co-located teams are radically more

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innovative radically more productive

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than distributed teams and if you

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combine that with agile methods checked

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visual painting Sprint's etc you create

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flow you create energy it's extremely

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powerful leadership 70 this number is

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important 75% of all projects failure

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failures are due to bad leadership 75%

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the protect factories key resource is

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human engagement

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and human engagement is a function of

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time talent and energy those good a

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please could you stand up thank you

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if you should know this is a human being

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[Music]

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it's not a machine is not a robot robot

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it's a human it's a human being it has

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feelings

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it has feelings and it has to be

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motivated on the time to deliver time

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talent and energy thank you very much

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humans don't like to be an activity in a

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project name they don't like it they

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don't like to be an activity in a

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process diagram they want meaning that's

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how humans function and fully engaged

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teams of humans are capable of doing

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amazing things the role of the project

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sponsor is to create fully engaged

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project veterans the role of the project

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sponsor is not to be a heroic

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decision-maker in a steering committee

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every six weeks which means we have to

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focus on very few important projects it

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is my dream then we can unleash this

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gigantic potential together

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for our clients for the Society for

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employment in all our projects thank you

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very much for your attention thank you

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so much

Learn more about the Half Double Methodology and see other Half Double Videos on New Project Methodology by Managing Partner Niels Ahrengot, Project Half Double - A proven concept, The Half Double Journey and The Half Double Certification.