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	<title>strategy - Joseph K Muscat Neurodiversity Consulting</title>
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		<title>Project Management: Build &#038; understand your relationship with your stakeholders</title>
		<link>https://josephkmuscat.com/build-understand-your-relationship-with-your-stakeholders</link>
		
		<dc:creator><![CDATA[JosephKMuscat]]></dc:creator>
		<pubDate>Tue, 07 Sep 2021 07:36:02 +0000</pubDate>
				<category><![CDATA[Project Management]]></category>
		<category><![CDATA[communication]]></category>
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		<category><![CDATA[project manager]]></category>
		<category><![CDATA[projects]]></category>
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					<description><![CDATA[<p>A key element in a project is stakeholder management and for a project manager, it is fundamental that they build and understand the relationship with those key parties. No matter what level you are at in the hierarchy of a company or in project creating, relationships will ensure you have the support and corporation needs to complete a project. When managing stakeholders, there are several steps a project manager must take. Each of these steps will lead you to strategically building those vital relationships. Identify your stakeholders Your stakeholders will be internal or external. In either case, create a profile...</p>
<p>The post <a href="https://josephkmuscat.com/build-understand-your-relationship-with-your-stakeholders">Project Management: Build & understand your relationship with your stakeholders</a> first appeared on <a href="https://josephkmuscat.com">Joseph K Muscat Neurodiversity Consulting</a>.</p>]]></description>
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<p>A key element in a project is stakeholder management and for a project manager, it is fundamental that they build and understand the relationship with those key parties. No matter what level you are at in the hierarchy of a company or in project creating, relationships will ensure you have the support and corporation needs to complete a project.</p>
<p>When managing stakeholders, there are several steps a project manager must take. Each of these steps will lead you to strategically building those vital relationships.</p>
<h2><strong>Identify your stakeholders</strong></h2>
<p>Your stakeholders will be internal or external. In either case, create a profile on each one. These profiles should outline who is an ally, who can you turn in your favour, and who is an obstacle. Each of them will have their reason for being for or against the project, so this is where you will need to find out their motives.</p>
<p>To help in the profile&#8217;s creation, you can reach out to other individuals or past project managers for their advice and experiences with that stakeholder/s. The best resource is to arrange a one to one with the stakeholders. At some point you will meet them all and find out what makes them tick; this is where you lay the seeds for building that relationship with them.</p>
<p>During that interaction &#8211; which of course should lead to more meetings to further strengthen that relationship &#8211; you need to discover their reasons for supporting or opposing the project, how they will support you, who will be your ‘go to’ expert on a particular area of the project and what value they get out of supporting the project, or why the project is against their objectives. In either case, you are outlining what their level of involvement in the project will be.</p>
<h2><strong>Juggle Motivation</strong></h2>
<p>In the exercise of creating a profile, one of the key discoveries is stakeholders’ motivation. The more stakeholders you have, the more you will have to juggle. The first thing to do is to find your biggest supporter; the chances are they are the ones who wanted this project and could see the benefit.  In addition, usually, they are also the foremost expert who can provide guidance, as they see the overall big picture.</p>
<p>On the flip side, you then need to identify who is against the project and again it is usually the ones who did not advocate for the project because in their opinion the benefits are not favourable. In these situations, you need to understand where they are coming from, try to present an objective view of the project and get their support… not of the project but towards you, the project manager.</p>
<p>Regardless of whether they want the project or not, you want them to at least be in your corner because they value you as the project manager. This way it is not about the project, it’s about how much they value you and the work you are producing for the sake of the company, the client and for everyone involved.</p>
<h2><strong>Create A Productive Strategy</strong></h2>
<p>With your profile in hand and understanding their motivations, you now have what you need to create a strategy for how you manage your stakeholders. You need to ask and answer these types of questions:</p>
<p>How will you communicate with those who support you?</p>
<p>How will you manoeuvre around those who block you?</p>
<p>Who holds the purse strings?</p>
<p>Who influences who?</p>
<p>With these types of questions, you will need to develop strategies that will ensure you are successful in completing the project.</p>
<h2><strong>Stay In Constant Communication and Keep them involved</strong></h2>
<p>Building the relationship with stakeholders gives you a gateway to maintain their commitment. There are of course several tools in use already, such as highlight reports, stand-up meetings and end of stage reports; this help to maintain that engagement, to get their input and to seek their expert advice.</p>
<p>Let’s not forget that one-to-ones don’t have to happen just once. Use it when you can and when you need it. A one-to-one can and should lead to multiple encounters, as this is how you further deepen that relationship and ensure that you can call upon their engagement.</p>
<h2><strong>Ok, this is great if you are an extensive business, but I am a small business or SME; how does this apply to me?</strong></h2>
<p>We often see project management as a big business scenario and not applicable to a small business. This is a false narrative. The same principles apply but on a much smaller scale meaning better control and with a smaller budget.</p>
<p>This will be the subject of another blog post which will be tackled separately.<br /><br />So let’s stay focused and look at stakeholders. Depending on how small or medium the business is, your stakeholders will be the business owner, their general manager and/or a manager, which could be you. If you are the project manager and you are in the hierarchy, this could be a good thing as they value you for your expertise and it also means that you have the owner’s ear, so you can engage and build that relationship.<br /><br />If you are not at that level of management, then you need to find out who the owner will listen to; this is usually the general manager. Remember, this is your go-to person, and since it was the owner who hired a general manager, to begin with, you need that stakeholder on your side.<br /><br />Then, of course, if there is no general manager, you are dealing directly with the business owner and this can be tricky. The owner wants a project manager, but may see you as an employee: it might not be an ideal relationship as they may have the viewpoint “this is what I want and you are just there to implement it!”<br /><br />On the other hand, if they value you for your expertise, are willing to consider your opinion and suggestions, it will be a different experience because they want to build on that relationship and you will be able to handle the project towards a more successful outcome.</p>
<h2><strong>Final thoughts</strong></h2>
<p>Knowing your stakeholder and building relationships leads to better management of them and the project. As a project manager, the project falls on your plate, so it’s your responsibility to ensure the project succeeds. Therefore, it is equally important to build and understand the relationship with your stakeholders.</p>
<p>Remember the project was started for a justifiable reason, which means most of those involved want the project to be successful, especially on time, resources and budget. If you stay on track with managing the project and maintaining this relationship, your project will achieve the desired outcome.<br /><br /></p>
<p>_____________________</p>
<p>Looking to make a change of diversity and inclusion for the neurodiverse in your company? <a href="https://josephkmuscat.com/contact-me"> then click here for a consultations</a></p>
<p>Listen to this topic and others like it on my podcast <a href="https://josephkmuscat.com/podcast-take-a-leap-transform-a-neurodiversity-journey">Take A Leap &amp; Transform: A Neurodiversity Journey</a></p>
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				</div><p>The post <a href="https://josephkmuscat.com/build-understand-your-relationship-with-your-stakeholders">Project Management: Build & understand your relationship with your stakeholders</a> first appeared on <a href="https://josephkmuscat.com">Joseph K Muscat Neurodiversity Consulting</a>.</p>]]></content:encoded>
					
		
		
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		<title>Is Business Networking &#8216;Fun time&#8217; or &#8216;Work time&#8217;?</title>
		<link>https://josephkmuscat.com/is-business-networking-fun-time-or-work-time</link>
		
		<dc:creator><![CDATA[JosephKMuscat]]></dc:creator>
		<pubDate>Tue, 13 Jul 2021 07:28:42 +0000</pubDate>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[relationship building]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[strategy]]></category>
		<guid isPermaLink="false">https://ajdethemes.com/adri-data/impact/?p=3149</guid>

					<description><![CDATA[<p>Have you ever been given ‘the look’ when you show up at work past the start time because you were are a networking event that morning or the night before? Many business owners and managers struggle to comprehend that while it may appear that you attended a social activity, this is not for pleasure; rather it was time spent to develop relations that can evolve into a business.  This is why it&#8217;s called a networking event. What Are Networking Events? Networking events generally take place outside of working hours because they are meant to be comfortable, a place to let...</p>
<p>The post <a href="https://josephkmuscat.com/is-business-networking-fun-time-or-work-time">Is Business Networking ‘Fun time’ or ‘Work time’?</a> first appeared on <a href="https://josephkmuscat.com">Joseph K Muscat Neurodiversity Consulting</a>.</p>]]></description>
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<p>Have you ever been given ‘the look’ when you show up at work past the start time because you were are a networking event that morning or the night before?</p>
<p>Many business owners and managers struggle to comprehend that while it may appear that you attended a social activity, this is not for pleasure; rather it was time spent to develop relations that can evolve into a business.  This is why it&#8217;s called a networking event.</p>
<h2>What Are Networking Events?</h2>
<p>Networking events generally take place outside of working hours because they are meant to be comfortable, a place to let your guard down, an environment where you are more relaxed and more open to meeting people.</p>
<p>This gives everyone the opportunity to connect and this means that it can lead to possibilities that may not be directly service exchanges, rather more of a referral nature.  It all depends on how effective that relationship is and the time that went into nurturing this possible partnership or client.</p>

<h2><img decoding="async" class="size-full wp-image-4948 alignright" src="https://josephkmuscat.com/wp-content/uploads/2021/07/Networkking-Business-Development-Resize-e1626160191530.jpg" alt="" width="200" height="200" srcset="https://josephkmuscat.com/wp-content/uploads/2021/07/Networkking-Business-Development-Resize-e1626160191530.jpg 200w, https://josephkmuscat.com/wp-content/uploads/2021/07/Networkking-Business-Development-Resize-e1626160191530-150x150.jpg 150w" sizes="(max-width: 200px) 100vw, 200px" /></h2>
<p> </p>
<h2>What not to do at a networking event</h2>
<p>Too often the expectation is to leave with a handful of business cards, or that by the end of the event you should have handed out a target number of business cards.</p>
<p>This approach fails for a few reasons. People don&#8217;t want to be sold to; they run away or try to exit that conversation as fast as possible.  The other is they don&#8217;t yet know you, so why would they buy from you?  How often do you see your business card laying on the floor?  How often do you get a very cold, brush off response (if one at all), the next day when you are trying to follow up on the cards you collected?</p>
<h2>Business Owners and Managers</h2>
<p>Business owners and managers look at the lack of turnover from the ‘business cards’ collected (connections made) and say networking doesn&#8217;t work; then they criticize your “underperformance’ because you can&#8217;t generate new leads.</p>
<p>Business owners and managers need to realize that business development requires time; time to create a rapport and then to nurture it.  This doesn&#8217;t happen overnight and yes, there does need to be a level of metrics to gauge the outcome achieved. </p>
<h2>Create a strategy</h2>
<p>Showing up is not a strategy!  You need to apply ample research on the event and who is attending the event.  This way you know who you will want to target.  Create objectives of how you will develop rapport, what metrics you will apply to determine if you can take that relationship to the next stage or not.  What is your plan for a follow-up and when will the right time be to offer services?</p>
<p>When creating your benchmarks, it would be a good exercise to include your manager or business owner in the conversation so together and as a team, you can develop tools, actions and language to use when measuring if that relationship has reached the desired stage.</p>
<p>Business development is not a sales call and time well spent at a networking event is hours spent on the job, so they should be appreciated not punished.</p>
<p>You will find that when you develop a proper networking strategy and cultivate the relationship you build, you will find them to be quite fruitful.</p>
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				</div><p>The post <a href="https://josephkmuscat.com/is-business-networking-fun-time-or-work-time">Is Business Networking ‘Fun time’ or ‘Work time’?</a> first appeared on <a href="https://josephkmuscat.com">Joseph K Muscat Neurodiversity Consulting</a>.</p>]]></content:encoded>
					
		
		
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