How digital transformation is disrupting project management and leaders | World Finance

Murat Bicak: Every sector is touched by digitaltransformations.

What makes digital transformations very differentfrom previous transformative efforts is – first of all – the amount of change and the paceof change that is going on right now.

Secondly, it’s the competitive environmentthat’s changed, because organisations need to worry about not only competition comingfrom their own industries, but competition coming from adjacencies, software sectors.

And lastly, the amount of change that organisationsgo through as it relates to how talent, as well as leadership needs to react, is alsoa big driver of what makes digital transformations quite different.

Peter Moutsatsos: Digital transformation ischanging our business in that it is – we are staring into legacy platforms and legacyproducts and systems that must be disrupted.

And what we’re discovering is that in orderto reinvent ourselves, we must disrupt ourselves or be disrupted.

And if we don’t, some young, fresh-faced,well-funded startup will come and take our marketshare and our customers away from us.

Murat Bicak: If you think about the amountof change that needs to happen because of digital transformations, all of that changeis going to be delivered through a project or a set of projects, programmes, portfolios.

So the opportunity for project managementis tremendous, because the world is becoming projectised.

There will be more and more projects, moreand more change, and the project management profession is going to change with it.

Suneet Prakash: As technology’s coming, andas things are changing, a lot of traditional responsibilities of the project manager canactually now be taken over by technology.

Things like scheduling and planning, and thingswhich can be done by software or technology.

And he or she can actually spend more timethinking how to get the business alignment of the project.

Which is very important.

Today, projects are talked about as strategy:delivery of strategy.

That’s the real project manager’s role.

And technology will help project managersto align the business part of the project with the delivery.

Murat Bicak: Digital transformations are goingto change the role of the project manager – and project management – in big ways.

They’re going to be strategic leaders of theirorganisations.

They’re going to be using different ways andmethodologies: so they will be agnostic how actually projects should be delivered, becausethey’re going to be focused on delivering the outcomes that their organisations aretrying to achieve in the marketplace.

At PMI we are also going through a digitaltransformation, and we consider this a great opportunity for us to continue supportingproject management professionals in a different way.

We’re building the professional associationof the future, by putting our customers in the middle, and really understanding the challengesand issues, and the skills that they need, to continue their careers in the organisationsthat they work at.

And we will continue supporting them on alifelong career journey.

Thanks for watching.

Learn more at pmi.

Org or in our PMI playlist– next up is the changing role of the project manager.

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