Professional Documents
Culture Documents
G. Michael Campbell
following questions regardless of whether The crazy reality is that once the deci-
the customer needs are simply incremen- sions are made, most of the executives
tal or are a true step-change. no longer think about a particular project
except one—the one who was named spon-
sor and is accountable for delivering the
initiative.
This is the point where we, as project
managers, usually enter the picture. We
were not privy to all the discussions that
occurred up to the point. We are tasked
with the project. If the project manager
understands the business requirements
that are driving the project, the project will
succeed. If not, it won’t. In the long term,
the project will be judged, not only on how
One executive told me that in discussing well it met the targeted objectives, but also
new products and services, they must have by whether it achieved its overall business
answers to these four questions: objectives and the anticipated business
value it was supposed to capture. In other
1. Why do we believe that customers will words, the project could be a technical suc-
pay us money for this new product or cess, but a business failure.
service?
2. Do we believe that we can successfully Politics and the C-Suite
deliver this new product or service? Another fact of life for you to understand
3. Can we manage the risks that may be is the political arena your sponsor operates
involved in delivering this new product within. The higher a person gets to the
or service? top of the organization chart, the more
4. Do we have confidence that we can get competition there is for the next promotion
the right return on investment once because there are so few
positions to
we put this new product or service into move into. And don’t forget that at this
operations? level, every company has a suite full of
Type A personalities who are aggressive as
As you can imagine, the discussion is well as assertive.
long and hard because the answer to all of Warren Buffet once observed that there
these questions is based on various assump- are two rules in corporate business: “The
tions. If another executive challenges the first rule is not to lose. The second rule is
assumptions, the individual proposing the not to forget the first rule.”
new product or service must be prepared That environment poses real hazards
to defend the assumptions utilized. Obvi- to your sponsor. They must appear to be
ously, there are no guarantees. In essence, in control of their project. Perception is a
the leadership team is really coming to a powerful force at this level. If the sponsor
consensus about where to place their bets. is perceived as weak or their project is out
And their bets usually involve large amounts of control, there will be a political price
of money! Add to that fact that there is only a to pay. You must recognize that if your
limited amount of capital the company either project has the appearance of being out of
can, or is willing to, spend on these future control or failing, your sponsor will begin
initiatives. Once consensus is reached, the to distance themselves from you and the
leadership team will decide which initiatives project. They cannot afford the price politi-
are sanctioned and become projects. cally with their peers.