Project Management

2019 – most of us are already into the approval and planning process for our 2019 sales and business strategy, and have clear goals we need to meet in the new year. Smaller businesses may still be in the final push of closing out 2018 with a bang. No matter the state of your plan and strategy, there is one element you need to incorporate in order to have the best business year yet, and that is projects. Many people think of projects in a single-minded aspect, not realizing that formalizing a project can be done for an internal accomplishment, a community service based project, and/or the answer to a business problem you’ve been having. For more on projects and project management, visit our blogs page.

So, why are projects an aspect to incorporate next year? Read below to learn 3 of the top benefits you will gain, and why they’re more important in 2019 than ever.

1. Projects help bridge the gap between the different generations of workers

A lot of companies, as well as the media/news, have been focusing on how different the generations of workers (baby boomer’s, Gen X, millennials, Gen Z) are in their habits, motivations, needs, and business techniques. As you all know firsthand, having the different generations work together successfully and efficiently is critical to overall business success. Projects are one of the greatest ways companies can get all generations working as one team, and the experience from that carries over into their other job requirements. The main reason for this is that it fosters an environment where ideas can be shared, and the ins and outs of regular daily work stress is not present, so relationships can be different.

2. Projects help to identify true business problems, and provide solutions

As we’ve discussed in previous blogs (hyperlink), engaging in projects is one of the best ways to actually get to the bottom of what your true business problems are, and a way to come up with a solution that your team will buy in. It is this scenario that will have the best chance for success. Projects can take the form of an assessment, process improvement, or an internal feedback project. It is important to listen to what is uncovered and know that every company has something they can improve on. So why not make 2019 your year for improvement?

3. Projects increase employee ROI

Throughout a project, if you’re working with the right project manager, the value and ROI of your own employees will increase dramatically. This is due to a number of factors, including: individuals learn how to work better as a team; they learn what each other’s strengths and weaknesses truly are; they learn new valuable skills and training from the project manager, particularly around identifying and overcoming challenges; and because they feel more valued as an employee, being part of a successful project increases their company buy-in and loyalty.

Projects are always one of the most beneficial elements companies can utilize, not only to meet goals and to continue to be innovative throughout the years, but also because they bring about business solutions and successes and increase employee value.

The above examples are just three of many, and the benefits from each will create many positive ripples your company will feel for years to come. So, don’t wait, make projects an integral part of your 2019 strategy and beyond.

Interested in learning more about how project management could help your business problem? Contact us today for an exclusive strategy session! If you’re interested in learning more, and discussing other issues, email Kim West, or connect with us on LinkedIn and Facebook.