I just finished reading On Time/On Budget: A Step-by-Step Guide to Managing Any Project by Sunny Baker and Kim Baker. This is a very good introduction for anyone new to project management. The book is not specific for any particular industry, but at the subtitle states, it is a primer to the general topic. Because this book has been around since 1992, you can likely pick it up pretty cheap. I got my copy for 3 dollars at a local used book store.
A nice trait of the book is its clarity and easy reading. The Project Management Body of Knowledge (PMBOK), sometimes referred to as the Project Management "bible", can be daunting for a newcomer to the field because of all the jargon, processes, and "how to manage everything" approach to project management. By contrast, On Time On Budget does a very good job of stripping away the jargon and complexity, and gives you an easy to read, easy to understand introduction to the basics of managing a business project. If your company doesn't have a lot of Project Management tools or templates for you to use, there are some nice templates at the back of the book that can help you plan, manage, and close out your projects.
Written in 1992, the last chapter on project management software is understandably a bit out of date. The rest of the book is pretty timeless, because no matter how much project management technology improves, the success of every past, present, and future project depends on people being able to manage project scope, schedule, and budget.
Blogs related to the business and management of biotechnology and pharmaceutical projects.
Saturday, November 6, 2010
Sunday, September 5, 2010
What advice would Sun Tzu give an audience of business leaders today?
I just finished the audiobook of Sun Tzu's classic "The Art of War".
Sun Tzu clearly understood battle tactics, but I must say that the hundreds of times that I've heard this book referred to as a business strategy must read is total hype.
If you believe the hype that this book will reveal the secrets of a winning business plan, marketing strategy, salesforce motivational piece, and operational competitiveness...don't pay more than 4 bucks for it. It's a fine 1 hour listen. You can decide for yourself how best to adapt Sun Tzu's advice on where to camp relative to the sun, terrain, and weather conditions for your next corporate SWOT analysis.
There are clear key universal strategy mantras here (know your enemy, use randomness to fool your enemy and be less predictable, use your enemy's aggressiveness against them, etc).
For anyone interested in connection between military strategy and lessons that can be applied to life and business, I highly recommend the following:
- Strategy by Lawrence Freedman is an outstanding history of military strategy
- Innovation and Entrepreneurship by Peter Drucker is and will always be a timeless classic for business strategy including Drucker's example of the Civil War strategy of "Firstest with the Mostest" as an analogy to the first mover advantage in business
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