In an era where change is the only constant, project leaders are constantly challenged by unpredictable shifts in the business environment. The article "How Project Leaders Can Tame Unpredictability" from Harvard Business Review outlines a strategic approach known as 'vertical slicing' to manage these challenges effectively.
Understanding the Challenge
Today's business landscape is characterized by constant macro-level changes, but it's the micro-level unpredictabilities that often disrupt daily project operations. These can range from sudden shifts in market demands to unexpected technological hiccups. The article emphasizes the need for project leaders to adopt agile methodologies, particularly a technique called vertical slicing, to navigate through these uncertainties.
Vertical Slicing: A Strategic Approach
Vertical slicing involves breaking down a large-scale project into smaller, manageable pieces or 'slices'. Each slice represents a part of the project that can be developed, tested, and deployed independently but still contributes to the overall initiative. This method contrasts with traditional approaches where projects are completed in phases, often leading to delayed feedback and higher risks if one phase fails.
Incremental Development: Each slice builds upon the last, allowing for continuous feedback and adjustment. This approach ensures that even if the project's direction needs to change due to external factors, the groundwork laid by previous slices isn't wasted but adapted.
Early and Continuous Feedback: By delivering functional components early, project leaders can gather insights from stakeholders, users, or team members, which can inform subsequent slices. This reduces the risk of significant deviations from user expectations or market needs.
Risk Management: Slices allow for smaller, more controlled risks. If one slice encounters issues, it's easier to pivot or correct course without jeopardizing the entire project. This incremental approach also helps in identifying and mitigating risks sooner.
Enhanced Collaboration: Vertical slicing promotes cross-functional teamwork since each slice needs input from various departments or skill sets. This collaboration can lead to innovative solutions and a more cohesive team dynamic.
Implementation in Practice
To implement vertical slicing effectively:
Challenges and Considerations
While vertical slicing offers numerous benefits, it's not without challenges:
Conclusion
Vertical slicing isn't just a project management technique; it's a philosophy that encourages resilience, responsiveness, and relevance in project execution. By focusing on delivering value in smaller, controlled increments, project leaders can better handle the unpredictability inherent in modern business environments. This approach not only mitigates risks but also maximizes opportunities for innovation and alignment with evolving market conditions.
In essence, by mastering the art of vertical slicing, project leaders can transform unpredictability from a daunting challenge into a strategic advantage.
When you're ready, there are 3 ways I can help you:
1. Courses: Solve immediate business problems with Corpsava's suite of Digital Courses, Assessments, and Tools for Executive, Leadership, and Consulting Excellence.
2. Consulting: Get 1-on-1 access to me via scheduled Zoom.
3. Sponsorships: Promote yourself to 3,000+ subscribers by sponsoring my newsletter.
Want to join us in a journey to freedom?
Join 3K+ like-minded subscribers of The Management Consultant Weekly™ newsletter for advice, tips, and resources to build a better business and life!
Your email address is safe with us.
Management Consulting that Drives Results!
CONTACT
I39 S I44th St. Unit 768
Omaha, NE 68I54
hello@corpsava.com
Copyright © 2018 Corpsava | All Rights Reserved.