A Lesson in Premium Pricing
Convenience stores are thus named for a reason. They are convenient. You don’t have to search for a parking spot a hundred yards away, or walk five minutes to get milk from the back left corner of the store, or stand in long lines to pay. You get in, get out, and are on your way.
However, this convenience comes at a premium. Expect to pay 10%-12% more on average for fewer choices and smaller quantities. The convenience store model charges for how much time they save you. They do not confuse volume with value.
If You Have This Problem, You Will LOVE this Solution!
Here’s the problem:
You need to invite a LOT of people to an online meeting.
You want those people to forward the meeting to others.
You don’t want participants to see who else is invited and their contact information, and
You don’t want someone to Reply All, starting an endless cycle where everyone hits Reply All to tell everyone to stop replying to everyone!
If you have this problem, you’ll know exactly what I’m talking about. A simple solution is to use the web version of Microsoft Outlook.
No Good Deed Goes Unpunished
I heard a seasoned sailor who had been around the world say this many years ago. One lesson he learned throughout his travels was that people often misunderstood or took advantage of acts of kindness. When it comes to delivering a project, the only of act of kindness should be to deliver on exactly what was agreed to.
Sometimes there’s a desire to go above and beyond when it comes to delivering on a project. Reasons may include that this is a good customer, throwing in a couple of additional deliverables won’t cost you that much, or we may just be feeling generous.
When Should You Start a Project Management Office (PMO)?
While the impact of a PMO is enormous, it is not something that companies typically start right out of the gate, especially smaller companies. There’s no particular size, revenue, or makeup of a company that would indicate it’s time to start a project management office. However, the following symptoms may be signs that you should start looking into implementing a PMO: