Project Management in the times of Globally Disruptive Market


This year PMI India’s Project Management National Conference 2018 has a very interesting theme – ‘India In 2022 – Leading In A Globally Disruptive Market’.

Disruption is happening across the world. Electrical cars are disrupting the traditional automobile industry. Artificial Intelligence (AI) is likely to disrupt traditional IT industry, as large IT teams are no more required to support backend operations. Ola and Uber has already replaced the traditional taxi market. Shell oil has started challenging the well established Oil & Gas industry.

With this background let’s see how India can make a difference in Project Management and can ultimately become the global leader.

A vast country like India with large 1.2 billion population and with 600 million productive youth is hungry to grow. Government is under tremendous pressure to address the needs of youth to deliver results through infrastructure projects such as constructing roads, airports, factories, power plants etc. and has already initiated it in a big way.

However this task is not so easy because of the intricacies involved between State Government, Central Government, court judgments, environment concerns, archaic laws etc.

So on one side a young India is looking for actual results and on the other side there are hurdles in achieving delivery through traditional methods.

This tussle or challenge is forcing Government and private sectors to find alternative ways through innovative solutions.

Indian Government has started developing close relationships with two of the most innovative nations – Japan and Israel. Recently launched ‘India-Israel Innovation bridge’ program is targeted at three core sectors – water, agriculture and health.

Few days’ back I was listening to speech by Cabinet Minister Nitin Gadkari on innovative approach which Govt. has initiated in various sectors.

All such efforts have started showing results. Following are few examples,

  • Effective use of plastic in road construction
  • Use of toilet water in power plant
  • Application of solar power and sea water for desalination of sea water for drinking water and agriculture purpose
  • Application of Drone technology for agriculture development and monitoring mass housing projects
  • Extensive use of Hyperloop technology for faster transportation
  • Water conservation initiative for drought prevention and watershed management in the state of Maharashtra through Paani movement

These are few examples demonstrating non-traditional routes India have started exploring. This is just a beginning and may become way of life for Indians. Imagine what can happen even if 25% of manpower i.e. 300 million is involved in innovative solutions to solve our own problems. These innovations are mini disruptions for traditional business models but can set examples for rest of the world and make India a leading force for the world to mange disruption.


 

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