pmi montgomery county md mallory starr cmc and mark haas cmc, fimc wednesday, april 2, 2014

The Emerging Common Professional and Ethical Responsibilities of Project

Managers and Management Consultants.

PMI Montgomery County MDMallory Starr CMC and Mark Haas CMC, FIMC

Wednesday, April 2, 2014

R.M. STARR, JR. ®

Establish Corporate

Engagement

R.M. STARR, JR. ®

Prototype Launch

R.M. STARR, JR. ®

Reactions to Implementation Often Occurs in Stages or Phases

R.M. STARR, JR. ®

Impact of Stress and Stress Vents Hydraulic Model of Corporate

Functioning

R.M. STARR, JR. ®

R.M. STARR, JR. ®

Establish Corporate

Engagement

R. Mallory Starr, CMCDirector, Sequoia Presidential Yacht Group LL  and President, US Asian Cultural Academy1001 Connecticut Avenue, NW, Ste. 405Washington, DC 20037202-333-0011mstarr703@comcast.net         www.sequoiayacht.comwww.usasianculturalacademy.org

It’s Not What We Know That’s the Problem

It’s What We Know That Just Ain’t So

What Do We Know That’s Not So?

VUCA

IntangiblesFree Agency

There’s No Return To a Pre-VUCA World

We’ll All be Free Agents Someday

1. Trend toward independence2. Experts and seasoned workers3. Self-assembling teams4. Less misclassification5. Changing culture

The majority of the US workforce

will be independent by 2020

Intangible Assets Dominate Enterprise Value

So, How Does That Affect Me?VUCA compromises planning, predictabilityFree Agency compromises developmentIntangibles compromise control

It Gets Worse!We are increasingly seen as third party risks

IncompetenceMalfeasanceIneffective systems

Advisor ethical lapses have big impactSAICEnron

We Can Play Offense as Well as Defense

DefensePay more attentionUphold ethics standards“Sink to level of training”

OffenseLook aheadKnow your strengthsActively work with clients

But It Can Get Even Better

Work together as individuals and disciplines: Efficiency & control have their limits Managing VUCA and ethics are critical Build on respective BOKs and common practices

Leave With Four Questions1. 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?

We Now Have the Concepts

It’s Up to Us to Decide How to Use Them

Mark Haas CMC, FIMCPresident, Research and Organization ManagementGaithersburg, MD(301) 869-5889

www.rominc.com mhaas@rominc.com