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The bottom line is simple: project management can help ALL areas of your business. We’ve discussed some of the areas in previous blogs, but wanted to reiterate three key reasons as we’re all planning 2021 and beyond. It goes without saying that 2020 has been a rough year, and many of us are facing more business challenges than ever before. Project management can help you overcome them and build your company’s value. Read below to learn three specific ways project management can improve businesses like yours:
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Promotes Interactivity
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We’ve all fallen victim to the myth of multitasking being successful. It is not. It has proven to be less productive. While the business community is slowly moving away from this, it leaves a void of what the right answer is for being more productive. Project management helps provide this answer. How? A good project manager will model how to be interactive. As Mark Samuels said “While the effort of project managers is associated with isolated initiatives, their work takes on an interactive nature and experiences from one programme of work feed into the next.” Project managers have to think interactive, not siloed, in order to be successful. They need to be agile and smart. By modeling this behavior in a real-life situation, they show your employees and leadership how to think interactive vs. siloed. This shift is key in being successful for many years, not just immediately.
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Creates Community
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We all know how impactful and important company culture is for today’s businesses. From employee retention to business profits, it can either hurt or help us significantly. But what is at the core of any culture? Community. Fostering the community of your company is key to success; and project management can guide you to new levels of advancement. Why? Because it helps build community among different parts of your company, among different teams. Often these might be individuals/teams who don’t interact on a daily basis. The community and connections they make through a project last and create stronger ties throughout your organization. Good project managers will make fostering community among team members a priority in any project, because it ensures maximum productivity and results. The foundation this builds will help in other areas of business – one project leading to many positive results.
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Builds Sustainability
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Business sustainability can mean different things. To QuantumMark, it means being able to weather changes, think quick, have employees act in different roles, and be agile/fluid. Having these abilities is what allows you to provide results for a long time, and that is what we all want from sustainability. Project management builds stability as a core competency in your organization and makes the results you see sustainable. Project managers focus on skill transfer at all stages of a project. This enables your team to build their knowledge and skills so they can use them on future projects. It also expands how your employees/leadership think, ensuring they think big and strategically. Again, a key part in the sustainability model. Possibly most important, project managers help your employees showcase talents that might not be utilized in their daily tasks. You can take this knowledge and position your employees where they are most impactful and effective.
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Project management is an important business tool. As the three examples above show, it builds your business into a stronger, more sustainable model of itself in all areas. As you look at your 2021 goals, projects, and plans, target where you can include outside project management. Your business and employees will thank you for the secret sauce!
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Interested in learning more about project management and the impact it can have on your business? Contact our team at Kim@QuantumMark.com today!
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