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New Report: Organizational Agility Drives Project and Program Success

 

PM PUBLISHING & INDUSTRY NEWS

PMI research reveals 6 key practices for establishing agile culture

15 September 2015 – Philadelphia, PA, USA – The 2015 Pulse of the Profession® in-depth report Capturing the Value of Project Management Through Organizational Agility, recently released by Project Management Institute (PMI), reveals how organizations can create a culture of agility that enables projects and programs to be completed faster and more efficiently by establishing a framework around strategy, culture, leadership, people and process.

150915-pmwJ39-pulse-IMAGEThe report outlines concrete leading practices at the core of agile organizations. They start with a firm grounding in the basics of project management, including an appreciation for the value of experienced and well-trained professionals and the standardized project management practices they use.

Agile organizations also actively engage executive sponsors, align projects to strategy and establish a well-aligned and effective PMO. In addition, they have better communicators, more collaboration, and greater engagement throughout an organization. They are change enablers and manage risk effectively.

Agile organizations succeed by embedding and adhering to six Foundational Practices:

• Responding quickly to strategic opportunities
• Shortening production/review/decision cycles
• Eliminating organizational silos
• Aligning new business capabilities to strategy
• Focusing on change management
• Integrating the voice of the customer

The results of the Pulse research focus on the value placed on the cultural elements of high organizational agility. A highly developed culture of agility exists when value is placed on ideals and behaviors such as collaboration, diversity, communication, creativity, transparency, and inquisitive thinking.

Above all, organizations that establish the following framework are better positioned to enable agility:

Supportive Culture: Identifying the value of openness, transparency, respect, knowledge, improvement, and adaptation
Strategic Flexibility: Capturing opportunities and responding quickly to varying demands
Collective Leadership: Sharing a common view of strategy
Capable People: Applying the right talent management resources
Adaptive Process: Assessing and establishing new means to respond to change

“Agility allows a company to react quickly to internal logistical changes and unforeseen shifts in the marketplace,” said PMI President and CEO Mark A. Langley. “It’s a critical competency for any organization whose core business is affected by the variability and volatility of evolving technologies and economies.”

PMI’s Pulse of the Profession® in-depth research on organizational agility was conducted in June 2015 among 1,397 project management professionals and senior leaders around the world. Additional telephone interviews were conducted for the purpose of obtaining deeper insights into opinions and examples of situations. To download the full report, visit www.PMI.org/Pulse

Conducted since 2006, PMI’s Pulse of the Profession® is the annual global survey of project management professionals. The Pulse of the Profession charts the major trends for project management now and in the future. It features original market research that reports feedback and insights from project, program and portfolio managers, along with an analysis of third-party data. To access PMI’s Pulse of the Profession® please visit www.pmi.org/Pulse.

Project Management Institute (PMI®) is the world’s leading not-for-profit professional membership association for the project, program and portfolio management profession. Founded in 1969, PMI delivers value for more than 2.9 million professionals working in nearly every country in the world through global advocacy, collaboration, education and research. PMI advances careers, improves organizational success and further matures the profession of project management through its globally recognized standards, certifications, resources, tools academic research, publications, professional development courses, and networking opportunities. As part of the PMI family, Human Systems International (HSI) provides organizational assessment and benchmarking services to leading businesses and government, while ProjectManagement.com and ProjectsAtWork.com create online global communities that deliver more resources, better tools, larger networks and broader perspectives. Visit PMI at www.PMI.org, www.facebook.com/PMInstitute and on Twitter @PMInstitute.

PMI media contacts: Megan Maguire Kelly at [email protected] or Karen Flanagan at [email protected]

Source: Project Management Institute