Skip to main content

Tag: Career

Professional burnout in IT: causes, symptoms, overcoming

In every person’s life there comes a moment when fatigue, apathy and indifference may appear.

There’s no wish to work, communicate with people or follow the routine. Nothing brings joy or pleasure.

I’ve been in a similar state once; my friends and colleagues have passed or are passing through this, as well. You can see signs of this at the candidate interviews. This is burnout. How shall we recognize the first symptoms and prevent professional burnout? How could we feel the desire to achieve success again? This is not about ordinary demotivation when temporarily we are not willing to do a specific task or work at a particular place.

Burndown Symptoms

It is worth worrying if you have lost the desire to communicate with colleagues or to work at some easy short causes. Or besides the customer’s requests got annoying. You might become inattentive, unable to concentrate on the task or doing everything on autopilot without thinking about the result.

There is uncertainty in one’s own abilities, a feeling of guilt for not doing the work on time. You try to shift the responsibility for what is happening to your colleagues, clients or supervisors. You may more and more start using the subjunctive mood: if not … Craving for overeating, shopaholism, computer games, and, as a result, health problems are the impetus of your loss of interest to your favorite things, a hobby rejection or so on. It is impossible to cope with such condition. Sleep, rest or vacation do not do any help.

PMTimes June23 20 1

Burnout is not cured with a job change – it is an overemployment syndrome, a prolonged state of the emotional exhaustion. If you have analyzed your feelings and honestly admitted that you have been experiencing something similar, ask yourself the question: “How often does this happen?” If it happens 2-3 times a month – this is quite natural and may be caused by the weather, hormonal balance, temporary fatigue. This is high time to make a switch and invigorated, and have a good rest on weekends to return to work renewed. If you have been in a state of an almost every day nervous exhaustion for several weeks, it’s about time to pay serious attention to what is happening and understand its essence.

The most common causes may be excessive workload, unclear distribution of roles and responsibilities or lack of professional employees’ competence. Some suffer from an excess of communication (especially analysts and project managers), too emotional reaction to what is happening, or conflicts with colleagues and clients. The constant feeling of “tailings” like unfinished work, outstanding tasks, “yesterday’s deadlines” these unsettle thoroughly. Tomorrow’s uncertainty, inabilities to rest or “reboot” quickly lead a person to a state of anxiety and mental stress.

How to help yourself recover from a depression back to a sane, full life? Specialists helped some of my acquaintances: coaches, psychoanalysts, mentors. Others have learned to tidy up their feelings, thoughts and feelings on their own. What did they start with? First of all, you should admit that there is a problem, and analyze why the burnout has occurred.

Answer your questions:

  • What do I want to change?
  • What do I want to feel when I wake up in the morning?
  • What do I value my work for?
  • What professional goals do I set for myself and how do I spend a working day?

The answers to these questions had better be recorded. A top tip is to start a Success Diary and record what good things happen during the day. Bring your thoughts, achievements and gratitude there. It is a good idea to draw up an Action Plan for the next 3-4 weeks and mark the points that are implemented.


Advertisement
[widget id=”custom_html-68″]

More tips

It is necessary to determine things pleasant for you with which you will start your day. For example, buying a croissant and a cup of your favorite drink on the way, listening to interesting videos for 15 minutes, learning something new or humming a funny tune. In the morning you need to plan 2 things that you do in the evening.

These can be either very simple tasks or more complex ones. Cleaning the desktop, sending letters to the client, drawing up a report – these are important to outline and necessary to do. You will see your work to appear much easier and happier!

PMTimes June23 20 2

Many people think that changing a job helps to find inner harmony and balance. But problems can be solved at the current workplace, regaining interest in what you are doing. And then, armed with a positive attitude and constructive thoughts, you are welcome to look for a new place, if needed.

There are different ways to begin your journey toward life balance and satisfaction.

Here are some of the options, suggested by friends and colleagues; and tested by me, as well:

  • Smile and take strong postures. It is proved that our emotions are reflected in poses and facial expressions, we give signals to the brain to trigger the corresponding changes in the hormonal balance. So these the change emotional state. You can check it out right now! Walk 30 meters hunched over, getting the hump, scraping along the floor. What are you feeling? Now straighten your shoulders, smile, look straight and walk easily. What about now?
  • It is unpleasant to communicate? Start listening. Carefully, thoughtfully. Try to understand what the interlocutor wants to convey. It is not necessary to answer immediately – think it over.
  • Think of tasks that you don’t like in terms of the opportunities they give. May they teach you efficiency? Or the print speed development? Eloquence? Responsibility? Kindness?
  • Watch your emotions. What causes anger, annoyance, disappointment, what pleases you? Why is it so? What are you feeling about them? By analyzing our behavior, we take control over emotions, and they control us less.
  • Ask colleagues for help or advice find moreover whom to help and means to do that.
  • If possible, work in another place: a meeting room, a cafe. Take breaks, get up every hour and look aside at what is happening around you.
  • Spend your lunch time on yourself, try new dishes, visit different places and don’t talk about business!
  • Grasp and focus on one thing at a time. Try to alternate tasks: a difficult, a simple one.
  • Limit the time you spend in social networks.
  • Pamper yourself! Create motivation to successfully complete the task within the deadline.
  • Each day observe something good in your colleagues, supervisors, or clients. Do not waste time complaining, gossiping and discussing others.

PMTimes June23 20 3

This is not a complete list of options. You can enlarge it with your own items, you can randomly select anything three. The main is the desire. Action follows desire, motivation follows actions! It is also important to remember difficult times, mistakes and defeats are given to us so that we become better.

The main thing is not to doubt, but to act! Under the law of causation, positive thoughts transform the person`s character and destiny. Internal changes will affect your surroundings miraculously and entail favorable events.

Five Crossword Tricks to Help Pass Certification Exams

I love to complete crossword puzzles. More than a pastime, they are more like an addiction for me.

At any one time I have 3-4 different puzzles in progress, of varying levels. I am no expert, but I have learned a few techniques that surprisingly matches advice I have given over the years to help candidates pass their certification exams.

You see, it helps to approach your exam like a puzzle. Why is that? The “puzzle” creators, the certification exam writers, devise tricky and challenging questions like a crossword editor does. They are difficult because the exam writers want to test your knowledge of business analysis, project management, agile, security or whatever your certification interest. I think it will be helpful to treat your exam like a puzzle to help get in the right mind frame.

To that end, I have developed a few tricks over the years to help me solve crossword puzzles. Here are five of my best tricks and an explanation of how they apply to cert exams.

  • Skip over hard answers – work the easy ones first. No matter how easy or difficult a puzzle I work on, there are always some clues and sections that are easier than others. Use those to help answer harder ones and to build confidence. Leave answers blank you are unsure of and only lightly pencil in those you are partly sure of.

CERTIFICATION APPLICATION: Skip hard questions and leave them blank the first or second time through your exam. Exam creators like to devilishly put hard questions near the beginning to test your meddle. It is easy to spend 10 or more minutes on early difficult questions, which leaves you that much less time for the remainder. Skip them! From my own and others’ experience, difficult questions are easier the 2nd or 3rd time through.

  • Rely on patterns to figure out answers you are unsure of. When I am uncertain of a crossword answer, I find it helpful to look at surrounding words and letters for clues. In English, certain letter combinations are more common and others will not occur at all. For example, if a word ends in “K,” odds are the preceding letter is an A, E, C, L, N, R, or S.

CERTIFICATION: APPLICATION: Look for distracters (e.g., oxymorons like “assumption constraint”) to spot incorrect answers. Look for answers that have 3 commonalities between them and one that does not (odds are good that is the correct answer, but not always.) Wording from one question can help you with others (this happened on every certification exam I took).


Advertisement
[widget id=”custom_html-68″]

  • Make sure you understand the correct meaning of a question. Clever crossword editors use clues that could have several meanings depending on how you interpret them. For instance, a simple clue of “Free” on a puzzle I just finished could mean the verb “to free” or the noun “to be free”. It could be free of cost, free of constraint, or carefree, such as “free and easy.”

CERTIFICATION APPLICATION: Just like clever crossword editors, clever exam writers try similar tricks to make you think and not just recall. For instance, suppose you encountered a question that makes common sense but contradicts your body of knowledge. Once example I remember from my PMP preparation had to do with paying bribes to get a project approved in a foreign country where that was common practice. That option would not be the correct answer because it violates the PM Body of Knowledge (PMBOK Guide®).

  • Use multiple iterations to complete your answers. I have heard of expert puzzlers who complete the Sunday New York Times in one sitting (in ink no less). Most people cannot do this and on difficult puzzles I need several attempts to complete it and I always use a pencil!

CERTIFICATION APPLICATION: Unless you are an expert test taker, expect to do two or three iterations of reading through and answering questions on your exam. If you follow rule #1, you should leave blank every hard answer on your first read-through. You should also flag any questions you are partly sure of as mentioned in rule #2. From observations in teaching numerous certification classes I know the importance of this. After practice exams in class, many students reported they changed an answer or two only to discover their first one was correct. Do not let this to happen to you on your exam! Leave answers blank until you are sure of them.

  • Use your best guess if you must. Sometimes I will write down a crossword answer even if I am not sure of it. I do this more often near the end of a puzzle to help me with adjacent answers. Confession: I have been known to fill in words to complete a puzzle just so I can finish it and move on.

CERTIFICATION APPLICATION: If your time is nearly up and you have unanswered questions, by all means use your best guess. There is no penalty for guessing, only for not answering a question. Try to pace yourself so you have time to make an educated guess. If you are seriously close to the end, put down any answer. In other words, like a crossword, go with those “lightly penciled in” answers. One of my students early on told me an urban myth that answer “b” occurs most often in exams. I am not sure if that is true but putting answer “b” on say five blank answers probably ensures you get one or two of them correct.

I have worked with certification preparation and exam strategies for many years, including training countless candidates. One common denominator among virtually all my students has been exam anxiety. We all face it and there is more than one approach to combatting it.

Treating an exam like a puzzle is one approach to reducing exam anxiety by providing strategies for navigating difficult questions on your exam. Using crossword tricks like the ones outlined above can help reduce your exam anxiety and improve your score. Let me know what you think and share your own tricks that have worked.

Inside the chaotic world of the solo entrepreneur: The positives and negatives of going it alone

Interested in pursuing a business endeavour on your own? Welcome to the fast-paced world of solopreneurship.

Technology has made it considerably easier, albeit from a purely conceptual point of view, to set up your own company and begin operations. The gig economy coupled by the freedom of successfully communicating, conferencing and collaborating from the comfort of your own home has contributed to over 41 million citizens in the United States undertaking some form of self-employment here, or there. This number will only rise as more workers begin to uncover the virtues of working for themselves.

41 million people sounds like a lot, but the chances are that many more people have, at least at some point in recent years, toyed with the idea of going it alone in business.

The very notion of becoming your own boss is filled with potential drawbacks, the implication of hard work, and lots of struggling while you establish your endeavour. But there are also plenty of positives that can be achieved too.

Many solopreneurs use their endeavours to follow their dreams and ultimately exponentially boost their revenue streams. There are plenty of arguments both for and against becoming your own boss, so let’s take a look at a few key positives and negatives either way and explore them in more detail.

Positives

The freedom of solopreneurship

The most pertinent point of going it alone is the fact that you’re free to make money and steer your business in any direction that you would like.

Being your own boss means that you can finally make all the decisions that you thought your employers should take in previous roles. If you want to adapt a product to appeal to a new audience base, you can. If you’d rather release a sample version of your software to encourage wider adoption, it’s down to you.

It’s only truly through the route of the sole entrepreneur that this is possible. Even as a senior manager within a company, there would always be people to answer to. While business owners that choose to take on the funding of venture capital firms are typically required to surrender a significant portion of their equity and continually report to shareholders.

In your own company, times can be tight and there’ll no doubt be some instances of bootstrapping on the horizon, but the most beautiful thing of all is that your business will belong to you – and nobody else.

Retaining ownership

As we touched on in the last point, going it alone and bootstrapping your own startup will mean that you’ll have no worries over outsider influence.

While venture capital is seen as a great way of gaining significant levels of funding early on for a business, many firms would require a share of ownership in return for their investment – which means there will be more interference within the decision-making process of your company.

While other funding strategies have less of an emphasis on relinquishing ownership – ie angel investing and crowdfunding – there’ll still be a level of responsibility that would need to be observed before you make a decision.

Of course, some will suggest that shared ownership can help solo entrepreneurs to call on the advice and support of their peers before making decisions – thus helping them to steer the company in a positive direction. But this invariably depends on the type of business person that you are. If you’re strong-minded and driven by clear visions and insight, having external influences can be damaging to your strategies.

Managing responsibilities

Another positive as far as going it alone in business is concerned stems from the fact that the money being used to operate your business will have been grown from your own bootstrapped funding.

Naturally, it’s great to attain funding from other sources, but external investors will be looking for a return on the money they’ve offered up, and this can cause a high degree of pressure for entrepreneurs.

Managing your own money comes with an element of personal burden, but managing finance that belongs to investors, peers and shareholders can lead to fewer risks being taken on behalf of your company. With a significantly more risk-averse outlook, you could miss out on some great opportunities for your business.


Advertisement
[widget id=”custom_html-68″]

Negatives

Overcoming struggle

Some influential entrepreneurs can be seen almost fetishising the notion of business owners struggling in their endeavours. While the idea of hustling your way to success is admittedly a noble one, absolutely nobody should be made to suffer both physically and psychologically in an attempt to keep their business afloat.

If your business is struggling financially, and you’re taking on extra jobs to balance the books at the cost of your health – it could be time to either find an extra revenue stream or stop to consider that the venture just isn’t working out at this moment in time.

Remember that committing yourself to your startup is one thing, but doing so at the cost of your relationships with family and friends is a whole different matter entirely. Always dedicate some time, if you’re bootstrapping your business, to assessing not only the health of your business but also that of yourself – and don’t be afraid to ask for help if running your own company is becoming too difficult.

Keeping sickness at bay

The sorry truth about running a company as a solopreneur is that if you take a sick day, so too does your business.

Naturally, if you’ve scaled to the point of taking on a team of staff, then you can expect operations to continue to tick over, but if a business loses its leader, then no important calls will be made until they return.

The issue here is that time equals money, and any time taken off work with an ailment must be considered as money lost.

This drawback is difficult to overcome as a solo entrepreneur. Luckily, if you’re unable to attend the office, it’s possible to interact with clients in some form even if you’re unable to leave your bed, but here it really pays to have somebody on hand to help out and possibly make some critical decisions on your behalf. Possibly, the best remedy for this issue could be found in hiring staff strategically. Aim to recruit a team member experienced and responsible enough to deputise in your absence.

Trust issues

Another key drawback about going it alone in business management stems from the stark possibility that some prospective clients and investors may be unwilling to trust their money going into a new company with a single owner.

Potential collaborators can perceive your business as being in possession of a lack of insight, owing to having a solo entrepreneur at the helm, while others may be fearful of the level of credibility on show.

These drawbacks can be remedied by the strategic partnerships offered up by venture capital firms and angel investors, but they come at a price.

Essentially, life as a solopreneur can be a difficult one. It will inevitably involve encountering more closed doors than if you were to call on external help.

However, it’s worth remembering that if you retain full ownership of your company, and execute a clear vision, the potential rewards in a financial sense alone could make the extra hard work feel worth it.

In many cases, the life of the solo entrepreneur can be whittled down to subjective appeal. If you feel like you can handle the extra stress and financial hardships that will come with it, then take the plunge. If not, it doesn’t mean that you’re any less ambitious or that your business idea won’t work. Simply explore your wider options for funding and announce your business on the world stage with a little help from some external investors.

From the Sponsor’s Desk – Create Your Next Great Assignment

Despite all our gains in technology, product innovation and world markets, most people are not thriving in the organizations they work for.” Stephen Covey

How long have you been doing your current job or filling your current role – project manager, change manager, etc.? Are you getting bored with the assignments? Would you like to try something new and different? Would you like new challenges? Then keep reading to see how you can create your next great assignment.

The Situation

A former colleague of mine, let’s call him Terry, was a very knowledgeable and successful technology architect. But he was getting bored with the role. He wanted something different, something new, a bit more stimulating. He needed a change.

As Terry was contemplating new opportunities, his boss, the CIO, handed him a ticket to an upcoming conference and asked him to see if there was anything to the new technology the conference was targeting – artificial intelligence. Obviously, this exchange took place a while ago. But Terry did attend. The timing was right. The subject matter was ideal. And the forum was perfect for establishing outside contacts and building relationships with experts in the field.

Terry returned to the office and mulled over what he had learned. As he was contemplating his next steps, the CIO departed the company. Now he had to sell the VP of Finance, who was not technically savvy and who Terry had never dealt with before, or wait until a new CIO was appointed. Terry decided to charge ahead.

The Search for the Next Great Assignment

As it turned out, the CIO’s departure was a blessing in disguise. Terry had to rework his whole approach. He had to change his focus, from the technology that was initially at the heart of his proposal to the business opportunity that would appeal to the VP of Finance. Instead of emphasizing the various technologies, he would promote Fast Change – delivering real business value quickly with bankable returns.

Terry realized the biggest challenge for his prospective business clients was getting stuff done. There was at least a three year backlog of projects in the traditional system development cycle and the methods and practices they employed meant big price tags and long delivery times. Many of the opportunities Terry wanted to focus on were small initiatives with potentially large impacts that were typically outside the core system development mindset and planning process.

So Terry put together his proposal for the VP of Finance’s consideration. He outlined the burning platform that was at the heart of the proposal – the number of business opportunities that were not being serviced by the major system development life cycle. Terry included a number of examples business managers had provided to him during his research. He proposed a small Fast Change team that would solicit assignments from the across the organization. It would accept projects that offered a 3:1 return, $3 for every $1 invested. It would be nimble and quick, focus on business need and deploy whatever technology and practices were required to support the benefit and cost goals. The business would be on the hook for benefit realization. Terry’s team would be responsible for managing costs in line with the target ratio. Projects that were accepted would deliver benefits within six weeks and would not exceed six months for all phases. All projects would be audited by Internal Audit on a rolling quarterly basis. Each project would go through an internal gating process and projects that failed at any of the gates would be relaunched or go through an early exit. Terry’s proposal also presented some alternative implementation schemes and growth scenarios to respond to the anticipated demand.

Terry reviewed his proposal with a number of trusted colleagues and then booked a meeting with the VP of Finance. He was confident in his material and the value of his proposal but he was unsure how it would be received. He needn’t have worried. The VP of Finance loved the business focus, the emphasis on nimble, fast delivery, the 3:1 benefit to cost ratio, the quarterly audit. He saw it as a low risk, high return venture that would enhance business confidence in IT and compliment the other core IT services. He gave Terry the go ahead for a four person team.


Advertisement
[widget id=”custom_html-68″]

The Results

Terry wasted no time getting up to speed. He assembled his four person team and together they began to socialize their service. They spread out to the various management teams throughout the company to introduce Fast Change. They conducted Lunch & Learn sessions over the lunch hour, offering sandwiches and crudité as enticements, open to all. Recognizing that their IT colleagues also had numerous contacts throughout the business, they encouraged them to promote the Fast Change service and pass on any leads.

In very short order, there was more work than the team could handle. They negotiated among the competing requests and selected two projects to tackle concurrently.  The initial efforts were light on methodology and documentation, using a project charter-like document as the mandate letter and relying on close collaboration between the team players – business, Fast Change team, IT resources and consultants as needed. Also, some of the initial technology search, selection and integration activity took longer and cost more than anticipated and the VP of Finance agreed to offload some of the cost from the initial project on the proviso that subsequent endeavours would benefit from the work. 

The first two projects were delivered successfully with enthusiasm all around. The word spread. Two more projects were selected in quick succession, followed by three more, and on it went. The order book was growing rapidly and a backlog developed. At the peak of operation, the Fast Change team had about thirty concurrent projects on the go at any one time and delivered over 150 projects over the team’s life. The full portfolio achieved in excess of the target 3:1 benefit to cost ratio with each individual project delivering a minimum 2:1 benefit to cost return.

Fast Change team members loved the experience. They were working with new and interesting technologies and engaging directly with the business members. They were talking to outside experts about new approaches and technologies that could help them solve today’s business problems. The business participants raved about the experience because they were working directly on and solving their business problems in the short term. The VP of Finance was most enthusiastic for the initiative. He was getting rave reviews from the executive offices and delivering the promised return on investment. And Terry was thrilled as well. He got to create and enjoy a stimulating and profitable experience.

How to Create Your Next Great Assignment

Terry went from a high performer in his technology architect role, to a novice Fast Change artist, to a rapid change master. His team went through the same learning cycle. And they all thrived. There were a few keys to their success – a willingness to learn, to try something new, a supportive and collaborative culture, willing and able business participants, a supportive sponsor and, of course, the golden opportunity.

The steps Terry went through are similar to the approach you’d take to launch a start-up venture. In fact, my previous post, Run Your Project like a Start-Up, covers a similar journey. If you’re keen on going after a new and different assignment, here’s the approach Terry used. Refine it as you see fit:

  • Explore – What are you good at? What do you enjoy doing? What technologies, processes and practices look interesting from your perspective? This stage is all about changing your frame of reference, from what you have been doing and are doing to what you could be doing in the future.
  • Research – Pick a few items from the Explore stage that appeal to you and do some research. Who is leading the way? What are they achieving? Does the timing put you on the bleeding edge? What’s the learning curve like? What’s the timeframe for delivering value? What’s the approximate size of the investment to get started? Would the field be of interest to your current organization or would you have to move to pursue the opportunity? The Research stage should help you narrow down your options and pick one or two possible directions to focus on.
  • Pitch – Develop your pitch. Target it to the individuals who will decide whether to fund you to the next step. Cover the burning platform/opportunities and the solution/secret sauce you believe will reap the rewards. Present alternatives for your offering and how to get there. Demonstrate market validation (who’s doing what) and include examples. Show the potential market size (magnitude of opportunity). Include the key selling points that address the burning platform and capitalize on the opportunities. Present the value equation – 3:1 benefits to costs in this case – plus other tangibles and intangibles. Cover the metrics, measurement and control practices that will ensure the targeted return. Present your market adoption strategies and options. Address the competition for your job, role, product or service and your and their competitive advantages, weaknesses, opportunities and threats. Present your team, either the real people or the skills and capabilities needed. Lay out the next steps to get you on your way and delivering that value you promised. Put all this in a nice slick, short, succinct package with key pictures, charts, tables, graphs and graphics. Socialize your draft pitch with friends, family, your mentors and colleagues and refine accordingly. Finally, make the sale. Repeat as necessary.
  • Resource – In Terry’s case, his new assignment required additional staff and resources. The people he picked would ultimately determine the success of his venture. So he chose carefully. If your new assignment requires additional resources, be very clear on the knowledge, skills, attitudes, aspirations and capabilities your team will need to be successful. And proceed accordingly.
  • Trial – Once you’ve received the go ahead, pick a couple of tasks/projects/engagements – some low hanging fruit if you will – to prove the concepts, provide the training and learning opportunities and demonstrate the value to your clients and sponsors. Refine as needed. Repeat.
  • Promote/engage – Your target audience and your sponsors need to hear about the value you can provide and have provided to others. Use lunch & learn and information sessions, flyers, blogs, Youtube videos, face to face one on ones, whatever is appropriate and effective for your market. Also, tell your success stories. Or let the business partners who reaped the benefits of your efforts tell the stories for you.
  • Manage – This is where the rubber meets the road. Measuring your performance will make you better and your team more focused. Make sure you’re providing the value you promised, like the 3:1 benefits to costs, internal gating, early exits and quarterly independent audits in Terry’s case.

So, ask yourself what you’d like to do for your next assignment. As you consider that question, consider Terry’s challenge and the path he followed to a stimulating and fulfilling new assignment. I hope you too can create your next great assignment.

Project Management Strategies for Succeeding in the Fashion Industry

The fashion industry is one of the fastest-growing ones and it’s probably more unpredictable than any other.

What is “hot” today may easily not be popular tomorrow, which makes it very difficult to plan for very long periods in the future. Still, this industry needs people who know how to manage all its aspects and we can only admire them for their skills.

What people see are models showing the latest fashion trends on the runway. Some are relatively conventional, while others are quite eccentric and we enjoy looking at these works of art, but we probably don’t know what is going on behind the scenes of a fashion show. Instead, we simply admire the final result. For this result to be achieved, teams of people have worked tirelessly for months to prepare such an event and they had to be managed properly. To help you understand what happens behind the scenes, we’re prepared this list of the crucial project management strategies for succeeding in the fashion industry.

Stakeholder management

This refers to your knowledge of the market and customers, as well as your ability to successfully deal with a number of stakeholders who have an impact on your company. The list is quite long and includes, among others, trade organisations, suppliers, sponsors, partners, buyers ad distributors. If you want your company to grow and be successful, you have to establish a transparent collaboration, which facilitates excellent communication with all of them.

Planning

There are many different types of projects in fashion. They range from opening a shop (physical and/or online) to product launch, organising a fashion show or entering a new market. Each project requires a plan that will turn your vision into reality. You need to have a plan that factors in all the vital steps to reach your goals. This is one of the trickiest things, since the fashion industry is moving fast, but that doesn’t mean you can’t plan. Actually, it means you have to devote more attention to planning, because you want your company to produce new fashion items as successfully as possible. With the fierce competition in the industry, this task is harder than ever, which only makes it more important.

KPIs

Each process needs to be analysed to ensure the project is efficient. However, knowing what, when and how to analyse is quite a challenge. The key is analysing relevant aspects, eliminating human bias and producing actionable data that can be used for preparing, planning and managing projects. Choose the minimum of indicators that reflect crucial parameters and trends, such as time, cost & revenue, work efficiency and work quality to get a clear picture of the direction your project is heading. Forward-thinking companies are now using a digital marketing dashboard to automate the process of data collection and processing, thus saving a lot of time.


Advertisement
[widget id=”custom_html-68″]

Risks and changes

With changes happening constantly in the business, it’s vital you stay on top of your game at all times. No matter how long your company has been successful, it you fail to anticipate future trends and identify challenges, you won’t stand very good chances of surviving. That’s why fashion companies have to identify possible risks (production failures, supply chain errors, etc.) and be prepared for sudden changes (demand change, regulatory changes etc.). Also, they should be aware that customers are much more conscious of the social impact of fashion’s pursuit of producing clothes as fast as possible. It’s true that producing cost-efficient items is important, but negative media coverage can have a devastating impact on any business and ruin a brand’s image. Hence, you need to wage the risks and benefits carefully and balance them out.

Agility

It’s very important that a fashion company and its management are agile and flexible. This means that processes, such as sales, customer management or supply chain management will be more efficient, i.e. lead to higher and faster turnover of products and better position on the market. Agility also encompasses the notion that project teams work and collaborate more efficiently. All this is eventually translated in boosted reputation and improved business results, which are the goals of every company in the world. Going by what a new Bachelor of Arts in fashion design at Raffles Milan teaches its students, the fashion system is a huge, articulated, often unpredictable territory, where a sense for the classics manages to find common ground with the extremes of experimentation.

Teamwork

A lot has been said about the importance of teamwork, and fashion companies should know it better than most other businesses. Any misunderstanding or problem in communication can have detrimental effects on the outcome. That’s why it’s important to have regular review meetings to discuss decisions and analyse processes. Every team member needs to know exactly what their responsibilities are. We can’t stress enough how crucial communication and collaboration are in the fashion industry. The ultimate goal of producing a clothing line as efficiently and quickly as possible can’t be reached unless everyone involved works together effectively.

These strategies are very important for most industries, but when it comes to the fashion industry their role simple gets more important. That’s why every project manager should be aware of them and apply them in such a way that they help the company reach its goals.