The main part of this article comes from the following link: https://www.forbes.com/sites/forbeshumanresourcescouncil/2021/06/02/how-organizations-can-become-project-based-in-the-future-of-work/?sh=62368ae629e4/
In business, project management provides a valuable and efficient structure for identifying and focusing on priorities, tracking and measuring performance, overcoming challenges and problems as well as addressing unforeseen risks that arise, and achieving higher performance and probability of success in every business endeavor.
We are moving towards a project-based economy as our economy increasingly sees work as project-based rather than role-based. This shift to the future of work is accelerating due to the COVID-19 pandemic. The more you view work as project-based rather than role-based, the more flexible your team and organization will be.
Project-based work has clear goals, milestones, and deliverables, as well as clear start and end dates. Projects might take hours or months or more—the duration varies depending on each project and business needs. But the job is aligned with business needs and goals, not a specific role.
As business leaders, we all want our teams to be agile and flexible, and adopting a project-based work mindset helps increase speed and agility. A recent report from MIT and Deloitte found that executives are increasingly viewing their workforce as an ecosystem—using various skill sets of full-time employees and freelancers to meet business challenges.
With a project-based approach, you can innovate faster and upgrade your skills internally and externally as needed. You can also operate more efficiently by leveraging your workforce ecosystem to increase or decrease skill-based resources.
Increased agility, faster innovation, improved operational efficiency, etc.—it all sounds ideal, but how do you move from a traditional role-based organization to a project-based organization? The following key steps can help you make this transition.
Not only is the way we work shifts to project-based work, but so is the way we hire team members and improve our own experience. In the future of work, personas and buzzword-ridden online profiles will become less relevant, and project-based identities will become more meaningful.
The project-based work model helps to increase the flexibility and innovation of the team. Now is the time to start thinking about its skills ecosystem and how it will be organized and delivered in a project-based environment.