11 May 2012 1:04 pm

iPhone technology proves it can take 40 years to become an overnight success

In a world where innovation moves at the speed of light, most of us take for granted of the many great innovative NPD projects that have improved and changed the way we live.  The truth is many NPD projects sustain battle scars from years, and in many cases decades, proving their worth and/or acceptance for their intended audience. The reality is 90%-95% of great innovations initially fail.  In fact many great innovations were created by technologists and inventors who had no concept of market acceptance or the desire to fill the need of a particular audience.  Moreover, even in the  Read More

Written by Neil Stolovitsky
on 11 May 2012 1:04 pm

Posted in PM Best Practices  |  No Comments
17 April 2012 10:11 am

Working 9 to 5. What a way to manage projects!

Recently, Sheryl Sandberg Facebook’s COO publicly admitted to working a 9 to 5 schedule which for many is blasphemous in Technology circles. Although in the past she was reluctant to reveal her work schedule, in her recent announcement she attributes her well-balanced work and life schedule to her present day success.  Even though she has incredible responsibility, it shows that and organized plan and schedule can go a very far way. In many ways, her ability to successfully execute on (one would imagine to be) an insurmountable amount of work in a 9 to 5 schedule is a true testament  Read More

Written by Neil Stolovitsky
on 17 April 2012 10:11 am

Posted in PM Best Practices  |  No Comments
29 March 2012 2:27 pm

Are you ready to fight the Brain Drain? The Future of Project Management Depends on it

In many ways the discipline of project management heavily focuses on best practices in improving and streamlining both soft and hard factors impacting a project’s outcome.  Whether it is the implementation of Earned Value Management (EVM) techniques or it’s adhering to Prince2 or the PMBOK, project management practitioners are constantly seeking for better ways to get it right.  Although these methodologies and techniques are helpful in developing a strategy for success, nothing can replace the acquired experience of a seasoned project manager who understands the nuances of the projects he or she serves that can turn at a moment’s notice.   Read More

Written by Neil Stolovitsky
on 29 March 2012 2:27 pm

Posted in Information Technology, PM Best Practices  |  No Comments
15 March 2012 12:35 pm

Genius Inside Summit Reveals that Social Media in PPM is not Child’s Play

Recently I was speaking with my six year old son about his friends and what they do for fun, when he brought up that a group of his buddies have the Nintendo 3DS. Still stuck in the age of Atari I was amazed when he told me that with this newer console you can play video games in 3-D (no glasses required) and that his friends (as he said) enter some code on to their devices to accept each other as “Friends” and communicate via “Texting.”  Is it possible!?!  Social networking starts in first grade!?!  Apparently it does.

Written by Neil Stolovitsky
on 15 March 2012 12:35 pm

Posted in Information Technology, PM Best Practices, PM Software in the Software Market  |  No Comments
27 February 2012 4:07 am

Today’s project management leadership needs to adapt to the changing workforce

In light of the Facebook’s recent IPO filing that confirms the maturation and societal changing reality of social networks, it is evident to me that we have crossed the chasm in which the way the current generation interacts with each other on both a personal and professional level.
Whether it is via Smart phones or a Tablet PCs, “virtual” interactions have become an integral part of sharing and delivering messages among different groups of people with similar interests.  Facebook and its 875,000,000 members is a testament of how the world’s diverse communities has evolved into a global network all connected through  Read More

Written by Neil Stolovitsky
on 27 February 2012 4:07 am

Posted in PM Best Practices  |  No Comments
15 February 2012 5:08 pm

Monitoring project costs. A penny saved is a penny earned. Or is it?

I recently read an article where it described the U.S. Mint’s challenge in producing pennies and nickels at a cost more than their actual value.  In 2011 it cost the US Mint 2.4 Cents to produce a penny and 11.2 cents for every nickel produced.  I guess the old adage “A penny saved is a penny earned” does not apply to the US Mint.  Ironically, every penny has put the Mint 1.4 pennies in the hole.

Written by Neil Stolovitsky
on 15 February 2012 5:08 pm

Posted in PM Best Practices  |  No Comments
13 January 2012 2:08 pm

Lotus Fever is in the Air! Lotusphere 2012 reminds us what it means to be social

For all the Lotus Notes groupies, every year when the big Lotusphere event comes around it seems like the whole world stops for the week, and everyone’s attention is aimed at learning about the next big announcement and reveal of the annual celebrity mystery guest that will set the tone of the Lotus Notes community for the upcoming year.

Written by Neil Stolovitsky
on 13 January 2012 2:08 pm

Posted in IBM Lotus Notes and Domino SaaS  |  No Comments
22 December 2011 8:48 am

Letterman Top 10 Signs your Project is Doomed to Fail

As we wrap up 2011, I figure I would take this opportunity to lighten the mood and come up with a top 10 list À La “David Letterman.”  So the category is the top signs your project is doomed to fail.  Here we go…

Written by Neil Stolovitsky
on 22 December 2011 8:48 am

Posted in About PM box  |  No Comments
16 December 2011 8:48 am

A Project Selection Strategy is Critical, Unless you can go “Back to the Future”

For many project-driven organizations, especially those in new product development and innovation, one of the toughest challenges is managing a pipeline of potential projects and making an objective and well-informed decision on which project to place your bet on.  A strategic project selection process will ensure that the right metrics, experts and stakeholders are involved in the assessment and prioritization of your pipeline.  The right project selection strategy allows for an organization to maximize its potential for success and improvement across its current and future portfolio.

Written by Neil Stolovitsky
on 16 December 2011 8:48 am

Posted in About PM box  |  No Comments
28 October 2011 8:17 am

Better Project Collaboration does not Necessarily Mean Standardizing Solely on a Common Web Platform

In a world where the average knowledge worker communicates with his or her stakeholders via email, intranets, extranets, smart phones, and a host of social media and enterprise applications available over the Web, the meaning of “collaboration” can be as useful as it is confusing to project teams that live and die by the information they ingest.  With so many options and means to communicate, developing a collaboration strategy is critical in today’s project environment. You just have to dial back ten years ago and realize collaboration options were quite basic in comparison to today’s world.  Most information was shared  Read More

Written by Neil Stolovitsky
on 28 October 2011 8:17 am

Posted in IBM Lotus Notes and Domino SaaS, Information Technology, PM Best Practices, PM Software in the Software Market  |  No Comments
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