Like a lot of things in life, stakeholder trust doesn’t come for free, it’s something that you have to earn. Think about how you can earn the trust of your difficult stakeholders. For example, by helping them with a task, or by taking them through previous case studies. A fantastic ...
For example, a project manager should learn to recognize differences and “adjust” behavior to better relate todifferent types of stakeholders. How to relate with different types of stakeholders By conducting astakeholder analysis, project managers can gather sufficient information on which to build so...
Stakeholders have a vested interest in the project and therefore are going to insert themselves into the project. This can be one of the hardest project management challenges to overcome, as stakeholder involvement might slow work down. Managing thestakeholders’ expectationscan be done by figuring o...
At the time of Musk's original purchase, Twitter's valuation was based on metrics like daily active users, advertising revenue, and the company’s potential for growth. Since then, Fidelity National Financial Inc. (FNF), a significant stakeholder, has twice marked down its investment in X Hol...
When presenting your sales plan to a stakeholder, use industry trends to highlight why your plan will be effective. Specify the technology you’ll use to track success. You can do this for internal reference or let stakeholders know how you'll measure success. Some tools you can consider inc...
This same principle is increasingly applying to sales. Yes, a salesperson can close a small deal quickly by having one champion (although even that’s getting more difficult). But closing the kind of large, impactful deals sellers dream about requires getting a cross-functional team of people ...
Use that to the advantage of the product! Living these attitudes and principles can take some time, and that’s fine. Start small. They help us build better products, have more helpful conversations, and deal better with difficult situations. There is no resistance One common difficult ...
This is a customer-focused plan with tasks and timelines built around delivering value to the end-user. It’ll help keep your teams focused and moving in the same direction. A communication plan: Regular catch-ups, team meetings, scrums, stand-ups, stakeholder and board meetings — they all...
A question on ITTOs may look like this: What is the output of the Create WBS process? Risk Register Project Charter Stakeholder Register Scope Baseline Let’s discuss each option one by one. Arisk registeris an output of the Identify Risks process,the project charteris ...
Cooking purpose in an internal kitchen without engaging external stakeholders.Purpose is about integrating a multi-stakeholder view. Stakeholders need to feel part of the purpose journey from the beginning. Are ESG and purpose synonymous? If not, what would you ...