The Find: Managers who are worried their project may get the axe in the current flurry of cost cutting get four tips to protect their initiatives in this short but thought-provoking video.- The Source: The FT’s Adam Jones asks executive coach Colin Gautrey for some advice in this Management Blog video.
The Takeaway: As companies across the world look for austerity measures and cost savings in response to the dreadful economic picture, managers aren’t being unreasonable when they fret about how to protect their projects from being cut. The consistently excellent FT Management Blog comes through for stressed out bosses once again with some tips for those facing this problem. Don’t think that because final authority on whether to pull the plug on your project lies further up the ladder that all you can do is sit on your hands and wait for bad news. Interviewee and executive coach Gautrey offers four proactive principles for protecting your project:
- Analyze scenarios around your work.
- Establish your intelligence network.
- Expand your political base.
- Decide yourself if your project should be saved.
For a more detailed explanation of each of the principles, check out the four minute clip in full.
The Question: What (if any) defensive measures have you taken to prevent cuts to your project or department?
(Image of no cuts logo by greefus groink, CC 2.0)
