The Four Types of Project Managers By: Team 2 Organization’s growth opportunities fall into four different categories Two questions create a matrix that distinguishes the four different kinds of project managers INTRO Does the growth opportunity match with existing strategy? Can a reliable business case be made? THE PROPHET Pursue business opportunities outside of the existing strategy. Success probabilities are uncertain since quantitative data evidence in that area is hard to come by Projects that do not materialize causes them to be tagged as fals prophets Challenges existing strategy and brings to light overlooked growth opportunites Projects are often risky THE GAMBLER Pursue business opportunities that lie with organization’s current strategy No quantitative data evidence to predict the success probabilities Risk takers and not even previous bad outcomes deter them. The good thing is they are within the strategic boundaries of the organization Follow the rules of the game in seeking growth opportunities Important for organization since they update existing strategy by bringing to light growth opportunities that could be possibly condoned. Seek organizational followers who also like to bet MTV’s 1st digitally integrated program was run by Gamblers THE EXPERT AN EXPERT HAS DEEP COMPETENCE IN A FIELD OF STUDY HEAVILY RELY ON THE ACCEPTANCE OF THEIR IDEA FROM WORK COLLEAGUES LIKE TO JUMP OVER THE STRATEGIC BOUNDARIES OF AN ORGANIZATION. THEY MAKE DATA-DRIVEN DECISIONS THE EXECUTOR PURSUES OPPORTUNITIES WITH LITTLE TO NO RISK BUSINESS CASE IS VERY STRONG BACKED UP WITH TRUSTWORTHY QUANTITATIVE DATA EVIDENCE UNLIKELY TO HAVE INNOVATIVE IDEAS To Managers Make room for each type to work in their own manner Be receptive to other manager's processes Discover and leverage the strengths of your coworkers Correctly matching projects and project managers To Executives ALL 4 PROJECT MANAGERS ARE CRITICAL TO THE SUCCESS OF AN ORGANIZATION OVER TIME, ONE TYPE OF PM SEEMS TO BECOME DOMINANT IN THE ORGANIZATION ALL VIEWS MUST BE CONSIDERED THROUGH COEXISTENCE AND DIVERSITY CREATE PLATFORMS THAT WILL ALLOW PMS TO COLLABORATE TO FOSTER GROWTH AND BUILD BETTER IDEAS MATCH PROJECTS WITH COMPATIBLE PROJECT MANAGERS Questions?