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The Emerging Common Professional and Ethical Responsibilities of Project Managers and Management Consultants. PMI Montgomery County MD Mallory Starr CMC.

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Presentation on theme: "The Emerging Common Professional and Ethical Responsibilities of Project Managers and Management Consultants. PMI Montgomery County MD Mallory Starr CMC."— Presentation transcript:

1 The Emerging Common Professional and Ethical Responsibilities of Project Managers and Management Consultants. PMI Montgomery County MD Mallory Starr CMC and Mark Haas CMC, FIMC Wednesday, April 2, 2014

2 R.M. STARR, JR. ® Establish Corporate Engagement

3 R.M. STARR, JR. ®

4 Prototype Launch R.M. STARR, JR. ®

5 Reactions to Implementation Often Occurs in Stages or Phases R.M. STARR, JR. ®

6 Impact of Stress and Stress Vents Hydraulic Model of Corporate Functioning R.M. STARR, JR. ®

7 Establish Corporate Engagement

8 R. Mallory Starr, CMC Director, Sequoia Presidential Yacht Group LL and President, US Asian Cultural Academy 1001 Connecticut Avenue, NW, Ste. 405 Washington, DC

9 It’s Not What We Know That’s the Problem It’s What We Know That Just Ain’t So

10 What Do We Know That’s Not So? VUCA Intangibles Free Agency

11 There’s No Return To a Pre-VUCA World

12 We’ll All be Free Agents Someday 1.Trend toward independence 2.Experts and seasoned workers 3.Self-assembling teams 4.Less misclassification 5.Changing culture The majority of the US workforce will be independent by 2020

13 Intangible Assets Dominate Enterprise Value

14 So, How Does That Affect Me? VUCA compromises planning, predictability Free Agency compromises development Intangibles compromise control

15 It Gets Worse! We are increasingly seen as third party risks IncompetenceMalfeasance Ineffective systems Advisor ethical lapses have big impact SAICEnron

16 We Can Play Offense as Well as Defense Defense Pay more attention Uphold ethics standards “Sink to level of training” Offense Look ahead Know your strengths Actively work with clients

17 But It Can Get Even Better Work together as individuals and disciplines : Efficiency & control have their limits Efficiency & control have their limits Managing VUCA and ethics are critical Managing VUCA and ethics are critical Build on respective BOKs and common practices Build on respective BOKs and common practices

18 Leave With Four Questions 1.How will these trends affect me/my profession? 2.What third party risks am I unaware of? 3.How much offense can we play on ethics/risk? 4.How can MC and PM help each other?

19 We Now Have the Concepts It’s Up to Us to Decide How to Use Them

20 Mark Haas CMC, FIMC President, Research and Organization Management Gaithersburg, MD (301)


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