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Showing posts from July, 2021

The Value And Benefits of Giving

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  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 Framework for Driving Digital Transformation

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  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...

4 Most Important Things To Learn From Sports

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  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...

Project Management Practices to Manage Complex AI Projects

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  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...