The Project RevolutionAccording to my latest research (see Figure 2), fewer management resources are being consumed by straight-ahead operations
year by year. At the same time, and almost as communicating vessels, the number
of projects run in organizations, together with the budgets and resources dedicated
to them, have steadily increased.
Figure 3: Relentless Radical Shift[3]
Disruptive technologies will accelerate this trend. Robots and AI will
take over much of the operational work, where they have not done so already. Organizations
will shift their focus to projects and project-based work — leading to what
I have called the "Project Revolution". In this new landscape, projects
are becoming the essential model for delivering change and creating value.
We are witnessing the rise of the "project economy". The so-called gig
economy is driven by projects. This represents a massive disruption that is not
only impacting the way organizations are managed. In fact, every aspect of our
lives can be thought of as a set of projects. For example, a project-based approach
is bringing much-needed new thinking to education, to careers, to corporate governance
and in one or two bold cases even to democratic government itself.
3.
In his chart Figure 3: Relentless Radical Shift, we asked Antonio how he
could justify projecting a sudden increase in projects from next year onwards
(see the red zone on the chart). His response: "The drop in operations work is
due to the increased efficiencies [by making the work into projects]." (Quote
added)
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Globalization
