Technology will continue to get smarter, smaller, faster, more networked, and integrated into everything. Virtual reality, augmented reality, cloud computing, quantum computing, blockchain and 5G, the fifth-generation communications networks, will all be transformative.
Innovative technologies as seen in drones, self-driving cars, artificial intelligence, cognitive computing, 3-D printers, specialized task-focused chips, cloud computing, software as a service and cybersecurity are changing. Smart cities, automated factories, remote patient monitoring, the Internet of Things, Google, Amazon, and mobile content streaming are all generating data that is collected and stored in cloud computing systems.
The data is analyzed by artificial intelligence looking for patterns and insights, machine learning then tracks changes in the patterns and insights, making forecasts. The resulting perspectives are used to drive informed decision-making, for new innovative projects, prototyping, experimentation, learning, and discovering the future. Creating new strategies, new products, services, and new business models.
A Cross-functional Team-based Project Management Culture
We cannot foresee the next disruptive technological evolution, but we can manage disruptive change by developing an
Adaptive, Agile, and Resilient Project Management Culture.
With different Perspectives, Experiences, and Backgrounds
Consensus Decision Making,
Any idea, problem, or opportunity can be the subject of a project managed meeting.
Where testing, prototyping, learning, exploiting innovative technologies and discovering the future can find opportunities at the interaction of technology and new business models. Providing decision-makers with the cone of uncertainty, offering valuable insights and opportunities to focus scarce resources. adaptive leadership
The forces of digital disruption are radically affecting our traditional business models, hierarchical organizational structures, and the top-down strategic planning process.
The next generation of Personal Assistants, is on the horizon and will change the rules of engagement.
Augmented Reality Headsets will provide remote learning applications, real-time assistance for medical professionals, support remote work, and virtual collaboration, connecting cross-functional teams. Supported by 5G network communications, with a 180° field of vision and head rotation tracking, the Augmented Reality Headset will create the illusion of a 3D world with depth perception mimicking how our eyes perceive the world.
Augmented Virtual Reality will use advances in natural language voice recognition, wearable devices, sensors, artificial intelligence, and machine learning, to createcontext awareness, a customized emotionally intelligent human-machine interaction based on an individual's behavior and preferences. Adaptive, anticipatory. Technology will continue to get smaller, smarter, wearable, virtual, and connected.
Managing a sustainable value proposition for all stakeholders in today’s technological innovation-driven era, the decision-making choices facing the leadership in education, healthcare, business, and industry can be daunting.
At the helm in disruptive change, today’s adaptive leaders are building the value delivery chain of the future, challenging time-honored assumptions, and trusting the collective wisdom of a cross-functional team-based project management culture.
Cross-functional teams with different perspectives, personality traits, talents, backgrounds, and interests are better at innovation, creativity, problem-solving, and discovering than capable individual intelligence alone.
Teams view problems from different angles, perceive adjacent possibilities, and offer ideas in the neighborhood. Introduce knowledge, wisdom, and propose novel solutions.
With a multiplicity of minds comes co-intelligence, and borrowed perceptions.
Without a multiplicity of minds and backgrounds, a project team can become unbalanced with a historical cognitive bias. It will be less creative and have fewer innovative ideas.
Assembling a cross-functional project team is not about assigning human resources. It is about the autonomy of thought. Thinking differently and rethinking everything. Experimenting, prototyping, learning, vetting, and discovering.
Building the foundation for the organization’s future and providing decision-makers with a cone of uncertainty, offering valuable initiatives and insights to focus the enterprise's scarce human and financial resources.
Adaptive leadership is constructing an agile enterprise prepared for the persistent challenges of disruptive change.
With an improved understanding of tomorrow’s possibilities, the Board of Directors, CEO, CFO, and CIO will face several challenging decisions.
· Add technology funding for cross-functional team projects
· Designing the enterprise architecture to support the cross-functional team recommendations
· An understanding that some cross-functional team projects may result in willful self-disruption.
Adaptive leadership, vision, technology, and winning the talent war are today’s differentiator's.
A cross-functional project managed culture is tomorrow’s competitive advantage.
The interrelated causes and effects of a few technologies amplifying one another’s impact will drive a firm’s business model, customer value proposition, what products, and services they launch and their long-term survival.
The traditional hierarchical structures that were designed to ensure predictability, conformity and budget control are being redesigned for speed, agility, and adaptability, blurring industry distinctions.
Established market leaders tied to their old business models are being threatened by new digitally disruptive business models that create a superior customer value propositions, at a lower cost.
For example, Amazon’s business model involves disruptive technologies, disruptive business partnerships, and disruptive delivery systems.