Business & Personal Growth

  “Change is a new Constant” is a cliché we’ve heard all our lives. Embracing change is not an option now but a must for each of us to grow & blossom in every area of our life. Change often brings positives to your life. The ones who accept change are the ones who achieve those greatest levels of success. Successful people understand the dynamism of the environment & the world we live in. So instead of cringing or sulking towards change, they accept it as a part of their life & develop a healthy relationship with the discomforts that change brings with it. Embracing change is the only way to bring happiness and glory to your life. Unfortunately, some people succumb to & express displeasure in adapting to any change that life wants them to. Instead of looking at it as an opportunity to grow and prosper, it is being viewed as a doomsday. That’s because they either think they’re not ready for it or they don’t want to leave their current state. It does take a hard grind...

 The importance of PMO is increasingly recognized now more than ever. Companies had PMOs set up only for compliance purposes without them being utilized to their optimum level. There is misconception pervading across organizations about PMOs – their purpose, structure, benefits, roles involved, etc. Hence let me first outline why do PMOs exist & how can be made effective for organizations. In the abbreviation PMO, “P” might take different forms like Project, Program, and Portfolio depending on the level a PMO operates. PMO can operate at a department level to manage all projects within it or at an enterprise level to oversee functions at all business areas. PMOs are primarily defined as a business function that ensures effective delivery of the project. The major functions of PMO include coordinating and managing shared resources, developing the project methodology & processes along with the best practices & standards, Training & Development of PMs, coordinating com...

  We live in an age where prosperity, position & influence are given the highest importance & people’s skills & capabilities are gauged based on these parameters. Unfortunately, we value people keeping these parameters in mind. The definition of successful living is formulated by the levels of success they achieve & the amount of materialistic wealth they amass. The fact of the matter remains that with each rung of success climbed, there is a significant responsibility that they shoulder. This is not just a professional responsibility, but a moral responsibility of giving back. The Power of Contribution is unparalleled and you’re obliged to contribute to the society, who helped you become what you are today. It is a mutual relationship, where the contributor receives back the benefits for the contributions he made. Contributor becomes a benefactor who reaps & enjoys all the benefits from his contributions. For example, by working for people’s best interests, you...

  Change Management is one of the most important aspects to manage when it comes to managing large-scale projects. Changes are inevitable in a project, coming from any part of the project lifecycle & can have a significant impact on the overall project’s success criteria. To insulate from its adverse effect, there is a change management framework in place at a project level. Similar to this, we do need a change management strategy at an organizational level to absorb all the potential effects that various dynamics surrounding the business pose at them. Changing the business landscape paves way for new market opportunities, with customers shifting the way they choose & interact with their brands, forcing organizations to manage change. Technology is the key enabler these days to digitize their business offerings in the way customers expect. Faster time to market, hyper-customization & personalization & enhanced service quality puts changemakers at the helm to formula...

  The life of an athlete teaches a lot that one can learn & apply in their lives. To perform at an extraordinarily high level, athletes experience & go through a lot in a much smaller time frame which one might not experience even in his entire professional life. In the corporate world or any other field, one is into, one should replicate their success by learning from the traits they display on the field & by drawing valuable insights from the mindset and habit they display off the field. One should draw parallels from the life of sportsmen only to bring in the right attitude & proper ingredients to form a perfect recipe for success. We all seek to scale great heights & display performance at the highest possible levels of success. And in order to achieve it, we need to have a winner’s mindset & athletes demonstrate this every time they perform on the field. Throughout their journey from preparation to the successful result, they display grit, patience, det...

  While we have a structured PM framework which we typically use for all our traditional IT projects, managing AI/ML projects entails a lot of exploratory phases which becomes challenging for PMs to manage. Unlike our typical IT projects, there is no specific solution that the team can implement and goes through the discovery phase to ensure if this is the right implementation for the business case in hand. From the Business standpoint, organizations are aware of the potential benefits these evolving technologies bring to them in terms of increased revenue & business growth in this digital world. With this pandemic around, several organizations have adopted digital transformation to streamline their business processes & embrace new systems making AI-based projects a new norm in the foreseeable future. However, the businesses are yet to chalk out the concrete use cases they would be benefitting from. Right from the uncertainty of the business outcome to designing and impleme...