The 2015 Pulse of the Profession® in-depth report Capturing the Value of Project Management Through Organizational Agility, recently released by Project Management Institute (PMI), reveals how organizations can create a culture of agility that enables projects and programs to be completed faster and more efficiently by establishing a framework around strategy, culture, leadership, people and process.
The report outlines concrete leading practices at the core of agile organizations. They start with a firm grounding in the basics of project management, including an appreciation for the value of experienced and well-trained professionals and the standardized project management practices they use. Agile organizations also actively engage executive sponsors, align projects to strategy and establish a well-aligned and effective PMO. In addition, they have better communicators, more collaboration, and greater engagement throughout an organization. They are change enablers and manage risk effectively.
Agile organizations succeed by embedding and adhering to six Foundation Practices:
- Responding quickly to strategic opportunities
- Shortening production/review/decision cycles
- Eliminating organizational silos
- Aligning new business capabilities to strategy
- Focusing on change management
- Integrating the voice of the customer
The results of the Pulse research focus on the value placed on the cultural elements of high organizational agility. A highly developed culture of agility exists when value is placed on ideals and behaviors such as collaboration, diversity, communication, creativity, transparency, and inquisitive thinking.
Above all, organizations that establish the following framework are better positioned to enable agility:
- Supportive Culture:Identifying the value of openness, transparency, respect, knowledge, improvement, and adaptation
- Strategic Flexibility:Capturing opportunities and responding quickly to varying demands
- Collective Leadership:Sharing a common view of strategy
- Capable People:Applying the right talent management resources
- Adaptive Process:Assessing and establishing new means to respond to change
Suggested Read: Agile team accountability
“Agility allows a company to react quickly to internal logistical changes and unforeseen shifts in the marketplace,” said PMI President and CEO Mark A. Langley. “It’s a critical competency for any organization whose core business is affected by the variability and volatility of evolving technologies and economies.”
About this Report
PMI’s Pulse of the Profession® in-depth research on organizational agility was conducted in June 2015 among 1,397 project management professionals and senior leaders around the world. Additional telephone interviews were conducted for the purpose of obtaining deeper insights into opinions and examples of situations. To download the full report, v
About the Pulse of the Profession/Methodology
Conducted since 2006, PMI’s Pulse of the Profession® is the annual global survey of project management professionals. The Pulse of the Profession charts the major trends for project management now and in the future. It features original market research that reports feedback and insights from project, program and portfolio managers, along with an analysis of third-party data.
To access PMI’s Pulse of the Profession® please visit www.pmi.org/pulse.
About Project Management Institute (PMI)
Project Management Institute (PMI) is the world’s leading association for those who consider project, program or portfolio management their profession. Through global advocacy, collaboration, education and research, we work to prepare more than three million professionals around the world for The Project Economy: the coming economy in which work, and individuals, are organized around projects, products, programs and value streams. Now 50 years in the making, we work in nearly every country around the world to advance careers, improve organizational success and further mature the project management profession through globally-recognized standards, certifications, communities, resources, tools, academic research, publications, professional development courses and networking opportunities. As part of the PMI family, ProjectManagement.com creates online global communities that deliver more resources, better tools, larger networks and broader perspectives.