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              Lean Process and Design Thinking are Key for Successful Lean Start-ups – A case study of Airbnb

              Lean Process and Design Thinking are Key for Successful Lean Start-ups – A case study of Airbnb

              The Invention of the Shopping Cart and Its Psychological Impact on Consumer Behaviour

              The Invention of the Shopping Cart and Its Psychological Impact on Consumer Behaviour

              Organizational structures  shape company’s value creation

              Organizational structures  shape company’s value creation

              What is Asset Specificity?

              What is Asset Specificity?

              Do you know who Owns Corporations?

              Do you know who Owns Corporations?

              Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

              Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

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                Educational Leaders who fought for women’s education did not seek validations from society

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                Experiential learning is the future

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                How to write an appropriate title 

                How to write an appropriate title 

                Can India regain the title of Vishwaguru?

                Can India regain the title of Vishwaguru?

                What are the problems faced in online lectures?

                What impact can Knowledge have on Society?

                A Big Salute all our teachers!!!

                What is Triple Helix Model for innovation?

                Where in the world teachers are most respected?

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                  Importance of Citation in Research

                  What is Autoethnography style of PhD

                  Can scholarly articles/papers from blogs be cited in research work?

                  The complete guide on how to select the right PhD topic

                  All you wanted to know out how a PhD thesis is assessed?

                  Mixed Method Research is Most Suitable

                  What is the difference between economic bubble and economic boom?

                  How to write a Research Paper?

                  Case Study is one of vital type of research

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                    American Hegemony is at critical juncture 

                    American Hegemony is at critical juncture 

                    Impact of the Thucydides Trap and Clash of Civilization  on International Businesses

                    Impact of the Thucydides Trap and Clash of Civilization  on International Businesses

                    Launch of my book  titled “International Business”

                    Launch of my book titled “International Business”

                    Gift City is becoming India’s Capital Gateway

                    Gift City is becoming India’s Capital Gateway

                    The science of Psephology

                    The science of Psephology

                    What is the Future of BRICS Currency?

                    What is the Future of BRICS Currency?

                    Ram Mandir tableau graced the 75th Republic Day of India

                    Ram Mandir tableau graced the 75th Republic Day of India

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                      Why Dhanteras is an important day of Diwali?

                      Gossip acts as a Social and Psychological Mechanism

                      Gossip acts as a Social and Psychological Mechanism

                      Manthan – The Movie about India’s Dairy Cooperative Movement  

                      Manthan – The Movie about India’s Dairy Cooperative Movement  

                      Guiding 35 PhDs: A Journey of Mentorship, Transformation and Academic Fulfilment

                      Guiding 35 PhDs: A Journey of Mentorship, Transformation and Academic Fulfilment

                      The Story Behind the song “Khoya Khoya Chand” from Film Kala Bazar

                      The Story Behind the song “Khoya Khoya Chand” from Film Kala Bazar

                      Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

                      Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

                      The story behind the Swedish word Lagom which means Just Enough

                      The story behind the Swedish word Lagom which means Just Enough

                      Lasting friendship between R.K.Narayan and Graham Green that shaped the famous film novel ‘The Guide’

                      Lasting friendship between R.K.Narayan and Graham Green that shaped the famous film novel ‘The Guide’

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                      What are the Success Elements of a Project Manager

                      Dr Vidya Hattangadi by Dr Vidya Hattangadi
                      September 26, 2022
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                      Kochi Airport

                      A project manager is responsible for completion of a project by taking responsibility of planning, procurement, and execution of a project. When organizations undertake projects that have a defined scope, defined start and a defined finish regardless of industry they succeed in business. Project managers are original point of contact for any issues or discrepancies arising in a project; their agility makes or breaks a project. Project management is the responsibility of a project manager. This individual seldom participates directly in the activities that produce the end result. The project manager’s role in a nutshell, is the overall responsibility for the successful planning, execution, monitoring, control and closure of a project.

                      Cochin airport made India proud because it created a record; it’s the first airport to run on solar power since August 2015. The airport has photovoltaic (PV) panels laid across 45 acres near the cargo complex. The airport can avail 50,000 to 60,000 units of electricity per day through these panels which is sufficient for all its functions. This has technically made the airport “absolutely power neutral.” The implementation of this 12MWp solar power project cost is to the tune of Rs. 62 crore and it took six months to complete. It has been set up by Bosch Ltd., Bangalore, and has a capacity to produce 18 million units of power annually. This is one of the successful projects run in India.

                      When ambiguity arises even big brands make mistakes and, unfortunately for them, those mistakes often end up in the headlines making them famous for wrong. Sometimes a project can be executed perfectly but eventually fails because it is the right project introduced at the wrong time.

                      For a Government of a nation, disaster management is considered as a big time project. On August 29, 2005 hurricane Katrina raced across the Gulf of Mexico and made landfall in New Orleans, Louisiana.  When it was over, a category 5 storm had  broke the levees which  flooded  eighty percent of the city, killed  1,500 people, and left over 80 billion in damages.  It was the costliest natural disaster in the history of US. What followed was a project failure of enormous proportions.  It failed in planning, it failed in execution and it failed in meeting even the most basic needs of those caught in the middle of this tragic disaster. While the circumstances of disaster management failure were certainly different from those surrounding more conventional project failures, there is, nonetheless, an opportunity to look at Katrina as a project and to reflect on how lessons from this tragedy could help prevent failures in more conventional projects.

                      Effectively managing any project, especially one responding to an emergency situation, demands an open communication network from top to bottom.   But in the Katrina project that network was never created. Instead, a cumbersome, limited, and indirect system was responsible for an information logjam of major proportions.  The project manager Federal Emergency Management Chief Michael Brown was unwilling to share information with other agencies and that some information never even got to his command center which included White House, Federal Emergency Management Association (FEMA), and Department of Home Land Security DHS, Louisiana State officials, New Orleans Officials. Perhaps the most dramatic example of the communication failure was that it took 24 hours for the White House to confirm that the levees (embankment built to prevent the overflow of a river) had broken.

                      The successful project managers put the right people into the right places. The biggest ability of project manager is to pick the right people for the right job. Efficient project managers plan way in advance; they put all processes in place to carry it out. They posses mastery in scheduling and the insights brought from good scoping. They make decisions based on scientific data. They keep data to back up and always they have alternative backup plans with them. They also understand that perfection is an ideal goal for which to aspire, but it is an unrealistic end for every project. Also, in a project you will have the good, bad and ugly because different people have different approaches to delivering a project.

                      Steve Jobs was a great project manager. He changed the technology and design industry in ways that most people could not even dream about. He succeeded because he shared his vision clearly with his team; he worked closely with development team to push boundaries of technology. He understood the need of market because he was closely watching the market; he fulfilled a previously unmet customer need. Steve Jobs was enthusiastic; enthusiasm is one of the qualities a project manager must have. Jobs met and exceeded expectations of his stakeholders. He brought innovation in supply chain and operations. Most importantly, he had unbelievable imagination and vision with a focus on the product and he knew importance of time. A project which goes on lingering loses its significance. Steve Jobs was extremely passionate and fearless when it came to growing Apple and while many actions in his career were controversial, he had an extraordinary ability to push his people to the limits without going overboard.

                      Some of the key variables a project manger needs to understand and implement are that he/she needs to deal with scope of a project, time, cost, quality, and risk. Unrealistic timelines and costs, overly optimistic forecasts, blurred end result, mistakes in tracking milestones of the project mar the project badly. Projects fail when parameters are not designed; also, bungling communication and deficient prioritization are dangerous.

                      Tags: Cochin AirportCommunication Clarity.Dr. Vidya HattangadiForecastHurricane KatrinaProjectProject Managersteve jobsUnrealistic Timeline
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                      Dr Vidya Hattangadi

                      Dr Vidya Hattangadi

                      Dr. Vidya Hattangadi is an accomplished academician, researcher, and thought leader with over four decades of combined experience 20 years in managerial roles in industry and 24 years in management education. She holds a PhD in Marketing Management from Savitribai Phule Pune University and a D.Litt. from the University of Mumbai for her post-doctoral published work. She is a prolific writer and blogger, Dr. Hattangadi runs the widely read blog www.drvidyahattangadi.com, which enjoys strong organic traffic and engages readers across a broad spectrum of subjects, including management, leadership, psychology, social trends, music, current affairs, and politics and psychology. Her blog is 12 years old. Her experience of combining knowledge of industry work with an academic background creates a powerful, "pracademic" profile that bridges the gap between theoretical knowledge and practical application. This hybrid approach has made her a powerful Professor in the classrooms and she has produced graduates who are not just knowledgeable, but industry-ready. She worked for Maratha Mandir’s Babasaheb Gawde Institute of Management Studies as Director, Research Head and Professor. She has written a fortnightly column for The Financial Express from 2017 to 2021 and has contributed extensively to leading publications such as The Hindu, Free Press Journal, and The Economic Times. Her articles are known for their analytical depth, clarity, and relevance to contemporary issues. Dr. Hattangadi has successfully guided 35 PhD scholars in Management Studies across institutions such as the University of Mumbai, SNDT Women’s University, and Yashwantrao Chavan Maharashtra Open University (YCMOU) and Guglielmo Unimarconi Italian University. Currently, she is working on her YouTube channel "Vidya's Vidya" mentoring doctoral researchers in the areas of Finance, Strategic Management, Organizational Behaviour, Human Resource Management, and Marketing Management. She is an accomplished author, she has written books on Strategic Management, Buyer Behaviour, International Business and Entrepreneurship Management, Faith Economy, contributed chapters to four edited volumes of books, and published over 350 research papers in national and international journals. Her scholarly work has strong visibility and impact, reflected in her robust presence on Google Scholar, Research Gate, Vidwan etc. Her research in all fields of management studies is truly ground-breaking. The rigor and depth of her knowledge have set a new standard in our field of management studies.

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