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Posted on: March 21-2016 | By : Swati Phalke | In: Analytics,Big Data,Business Agility,Digital Skills,Digital Solutions,Enterprise Technology,Leadership | No Comments
For many years in the IT services business, there was a reasonable amount of demarcation in project execution using technology skills such as Mainframes, Client Server, Data Warehousing, Business Intelligence, and ERP. Projects were getting executed in silos for every Line of Business (LoB) within an enterprise. However in today’s digital world, there has been a huge disruption of the business model. Boundaries within the businesses are getting blur. For instance, retailers are entering into banking space to enable quick lending, sports companies are entering into consumer wellness, and mobile companies are entering into payments. Enterprises have restructured themselves to capitalize on the synergies within various lines of businesses. Hence, many digital projects need multiple technically-skilled professionals to join hands to deliver these business driven projects.

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Swati Phalke

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Swati Phalke
Swati Phalke is Practice Director, Digital One at Syntel. She has over 19 years of technical and...

 
Posted on: February 26-2016 | By : Visukumar Gopal | In: Business Agility,CxO Innovation,Enterprise Technology,Innovation,Intelligent Business,Leadership,Managing Business Risks,Project Management | 2 Comments
An organization’s operational efficiency is largely dependent on how well it manages different projects. This calls for a well-defined project management approach that ensure projects achieving all predetermined goals with optimized allocation of resources. A Project Management Center of Excellence (PMCoE) enables organizations to have an enterprise level approach towards project management. PMCoE serves as a centralized body or function which has the autonomy to educate, energize and enrich people knowledge. This entity also has the excellence, best practices and expertise on project management.  
I will be focusing on some core concepts in the blog series, where I will highlight the importance of PMCoE in all industries.   Let us start by discussing the prerequisites of creating a PMCoE.   Project Management and Project Managers have never been more important to the accomplishment of corporate work scopes. An increased emphasis on performance, accountability, and cost-effectiveness is driving industries to reassess work scope planning and execution. Organizations are using Project management as ‘the tool’ for effective streamlining. This change, however, requires planning. No longer can workforce size, resources, training, or experience alone help organizations to achieve their goals. Accomplishment begins with judicious alignment of resources, a shift in corporate culture, and with a committed management team. It is a journey to excellence.   Cultural shift towards Project Management has been on going. To achieve a more complete transition, it is important to empower resources at every levels of the management. Involving all levels of management immediately sends the message of total commitment. Continued work toward institutionalizing the process also strengthens this effort. Pushing change requires wide spread, committed involvement. It keeps things moving.   Project management is one of the critical levers for organizational success. Today, organizations which excel in delivering their business are often at a higher degree of project management maturity than others that have not progressed in the path of successful project management implementation.   Sometime there is a lot of doubt over adoption of either a top-down or bottom-up approach for implementing new processes and culture. The organization’s culture has to support transformation at all levels. The leadership team is the key driver of enhancements needed by the organization. They authorize implementation efforts, exemplify practices, and provide support, while the operations teams have to have the buy-in necessary for the actual implementation of the project. Cooperation between the leadership team and operations team is essential to ensure the level of excellence expected by implementing project management principles.   In the next blog, I will be covering Characteristics of a successful PMCoE. Stay tuned.
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Visukumar Gopal
Visukumar Gopal is Practice Head, LEAN & Knowledge Management at Syntel. He has over 20 years...

 
Posted on: December 12-2015 | By : Swati Phalke | In: Industries,Leadership | 1 Comment

Much has been written about the skewed ratio of female leaders in organizations, but there is much less research on how women can become leaders. There are many moments in a woman’s life when she has to make important career decisions, while growing professionally and personally.

 

I believe women are innate multitaskers, and can juggle different roles easily with their family’s support. To me, the operative word in “work-life balance” is balance, and here is how I try to maintain that balance while working in different roles.

  • Prioritization-Reprioritization: As leaders, we manage our workday by applying prioritization and reprioritization techniques. We should apply the same technique to our personal lives as well, in order to provide equal attention to all our undertakings.
  • Overcome the guilt factor: For a working mother, it is natural to feel guilty for not being able to devote the same attention to your children as a homemaker can. It is important to overcome this guilt by making up for the quantity of time with quality time. As professionals, we are well acquainted with the concept of quality over quantity, so that should be applied to your home life as well.
  • Positivity all around: Run away from all the negativity that surrounds you – use the ignore button tactfully. Learn from your colleagues, your team and your leaders, and look for the positive side in every interaction you have. I firmly believe that positivity and success go hand-in-hand, and these simple steps will create positivity in and around you.
  • De-stress yourself with small breaks: If you have the option to take small breaks, go for it. However, time management during these small breaks is extremely important, because they can also have adverse effects on your career. If not well planned, you can lose motivation, focus and confidence in your work. When you plan these breaks, be sure to set goals for them. After you have achieved your goal, you will feel rejuvenated and ready to resume your career race.
  • Respect domestic help: Domestic help is a working woman’s backbone. Getting help with household chores is a must, and you should think of it as an outsourcing program – complete with proper governance and a human touch. It is important to run a talent management and growth program at home, just the way we run them at work. Remember that your domestic service providers are also working professionals, so be sure to give respect so you are respected in return.

 

I have been practicing these guidelines with all my professional and personal stakeholders. It has helped me play my role effectively in boardroom, in the kitchen, and back in the boardroom.

Author
Swati Phalke

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Swati Phalke
Swati Phalke is Practice Director, Digital One at Syntel. She has over 19 years of technical and...

 
 

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