Hello, this module focuses on how to manage projects in a complicated world. The world is changing rapidly and in unpredictable ways. Just consider the changes caused by new technology, worldwide trade and competition, social and political disturbances, and the environmental emergency.
You might think that project management has little to do with these major global matters. However, all kinds of organizations, whether large or small, are impacted by the world they operate in. How a company understands and responds to this complexity influences the projects it chooses to undertake and how it handles them.
This week, we begin by examining frameworks that help us grasp this intricate world. These frameworks guide our actions, responses, and decision-making in the face of complexity.
Next, we delve deeply into various methods and practices for managing projects when faced with uncertainty, instability, and change. These methods include linear approaches and life cycles, often known as the waterfall method, as well as iterative or agile approaches. You will explore the pros and cons of these methods, as well as the ongoing debates about them.
By the end, you’ll grasp how to use and blend these methods effectively to achieve successful project outcomes.
To start off this week, we’re interested in hearing about your experiences. Considering those major global issues like technology, competition, social and political changes, and environmental problems, think about how they impact your organization and the projects you’re involved in.
Feel free to share your experiences with fellow learners in the discussion.
I had planned to embark farm some Beans on a piece of land last year and in the usual vain of preparation, seedlings were ready and the land had the prepared aswell. Planting is usually done towards the end of August when the rains are not so much but enough for the seedlings, when planted, to germinate, and when it seizes, the morning dew will provide moisture. Unfortunately, due to environmental changes, the rains stopped earlier than expected and there was hardly any dew for the beans to get moisture. This eventually led to a poor yield at the end of the day.
This environmental problem affected my project negatively.
As an Operations officer at a domestic airport terminal, I have overtime observed global issues impact airport operational activities in various ways.
Technology advances necessitates upgrades in security and efficiency.
Social and political changes a lot of times alter regulations of air travels agreements especially between airlines and its passengers.
Environmental concerns points to sustainable practices in aircraft emission control among others.
These factors collectively influence airport terminal operations, passenger experience, therefore demanding constant adaptation and review.
In the banking sector, global issues significantly impact our projects. Rapid technological advances offer innovation but pose cybersecurity risks. Globalization increases competition from international and fintech players, necessitating agile and strategic projects. Social and political changes, such as new regulations, can alter project scopes and timelines. Environmental concerns drive projects focused on sustainability, balancing eco-friendly goals with financial viability. Adapting to these factors ensures we stay competitive, compliant, and responsive to both market and regulatory shifts, making it crucial to integrate these global influences into project planning and execution.
In the company I work in, complexity is something we deal with usually because we need to always satisfy the customers and their needs. We deal with complexity in technology by always developing when the need arises. We’re living in a world where technology is always evolving and If companies cannot evolve too,then they’ll be left out and other companies that evolved would take over the market, which brungs us to “Competition”.
There are so many other ways,my company can deal with complexity,it is a very broad topic
Technology as an external factor can have a huge impact which could either be direct or indirect as it affects the lifecycle and cost of delivering a project. There would be reduction in cost as human resources might not be needed large number. Competition could also affect a project positively as it usually neccesitate giving a considerable attention to quality to enhance product consumption of goods and services. Environmental factors could also be positive or negative depending on the effect it holds at a time.
As someone new to the product management space, I will say that while working on a product two things might likely impact either positively or negatively on the success of launching a new product namely;
1. Technology: You need to keep up with trending tools and initiatives because you can only stay updated through education. Customers are becoming more technical and demand the newest technology on offer. This means that if a product or service provider fails to meet the expectations of his/her consumers, they can easily switch to other providers who do so. This means creating a more user-friendly web app that your users can be proud of using. Technological development brings along development in security threats in equal measure, so the security of the web app should come with the most recent to safeguard user’s data and privacy to make them stay on.
2. Competition: This is one issue that managers always put effort into while building a product in the sense that the success of a product comes with its unique feature that can make users want to stay on your web app to enjoy new things, so making that you have a competitive advantage is a thing to sell your solution.
These two in a product creation are most likely to take more time in bringing up because it will be the selling point of the product.
In any project, change is constant. A project manager must be able to manage changes in a project, ensure that the decision is accepted by the stakeholders, recorded for future reference and ensure that there is a baseline management with TIME, COST AND SCOPE
LYDIA EHEBHO
Dealing With Complexity As A Female Cobbler
-Globalization of trade and competition:
Increased competition from international shoe manufacturers and online retailers
Fluctuating material costs due to global market changes
Opportunities for international collaborations or exports, but also potential risks from global economic downturns
-Social and political upheavals:
Changing consumer behaviors and preferences due to social movements.
Potential disruptions to supply chains or operations due to political instability or protests
Opportunities to tap into social movements and create socially conscious products
Environmental crises:
Sourcing sustainable materials and reducing waste in your workshop Adapting to regulations or consumer demands for eco-friendly products
Potential supply chain disruptions due to environmental disasters
Additionally, as a female cobbler, you may face gender-specific challenges such as: Stereotyping or bias in a traditionally male-dominated industry
Balancing family or caregiving responsibilities with project demand
Leveraging your unique perspective and skills to innovate and differentiate your products.
The way these factors has affected my project can change, if I make the right decisions, having these factors in mind.
Change is inevitable, so in my organisation, we’ve established a research team to ensure we are updated with information that boosts our growth and client success, all while maintaining our organisation’s core values.
Technology as an external factor can have a huge impact which could either be direct or indirect as it affects the lifecycle and cost of delivering a project. There would be reduction in cost as human resources might not be needed large number. Competition could also affect a project positively as it usually neccesitate giving a considerable attention to quality to enhance product consumption of goods and services. Environmental factors could also be positive or negative depending on the effect it holds at a time.
Technology has come a long way and adapting to these current changes and improvements is very important.
Competition, social, political changes and environmental problems also impacts the running of organizations.
I work with an NGO in which government policies has brought about change/adjustments in sourcing funds.
These complexities has proven that project managers needs to be fully trained and equipped to standout in the face of changes.
John Enemona Okeh
Cohort 17
Team 6
The effects of global issues in our today’s world cannot be over emphasis most especially in the case of managing a project in a complex world today. This means that some of the global issues resulting to technology, social and political changes, environmental crisis and competition plays both positive and negative roles in the aspect of managing a project.
The effect of technology helps to improve, make a proposed project work or run fast and smoothly in other words it may also serve as a negative effect as it creates ways for fraud through internet hijacking.
The effect of political change can help improve an ongoing or a proposed project due to change in government (power). While environmental crisis is prone to delay a project work in progress as a result of the condition of the situation be it positive or negatively.
Lastly choose a good environment to run a project work or manage a project is a very important factor to consider as it plays a vital role for conducive environment for good production output.
Big global issues such as technology, competition, social and political change, and environmental crisis are external factors that might impact a project or an organization positively or negatively. This factors must be taken into consideration when undertaking any form of project or even in an organization and it shape the decisions made during the course of it entirety. A lot of organizations today have leverage on technology today and it has fully maximize the functionality of every organization or even a project and one of the threat technology might possess can be redundancy as new innovations are being created everyday and even with the emergence of AI this has even make make some works not useful in the organization but since AI is still in it earliest stage people are getting to acclimatize with it and more people are making shift into the Tech space like what Dexa is doing for everyone.
Technology has played a very vital role in our society. Through the help of technology, there are software applications that are used to make work easier, faster and very accurate. But these applications still need experts to operate them. Aside getting professionals, there are both political, environmental and socio-economic issues that can cause complexities in any organization.
In some offices, there have been a lot of political and socio-economic factors affecting productivity and even the well-being of staff members. In such situations, a project will not be executed properly because of the complexities surrounding its execution. In such situations, its now the duty of the project manager to meet with his team to reflect on how a project can be executed, despite the complexities surrounding it.
Okiemute .I. Ojogbane
Cohort 17
Team 8
kaabnjka
Competition can help bring about more efficient results and technology can have both positive and negative effects, though the positives may outweigh the negatives. Political changes and environmental problems may result to some difficulties including increased cost, etc but I think that is where skills and initiatives as a project manager come in.
Technology, competition, social, and political change can significantly impact my work and my project in several ways:
Technology
1. Electronic Medical Records (EMRs): Implementing EMRs to improve the efficiency of patient data management, ensuring accurate and accessible records, which can facilitate better adherence tracking and follow-up.
2. Mobile Health (mHealth) Solutions**: Mobile apps and SMS reminders can support patients in adhering to their treatment regimens, providing reminders, educational content, and easy access to counseling services.
3.Data Analytics: Advanced data analytics can helps identify trends and patterns in patient adherence, allowing for targeted interventions and more personalized counseling approaches.
Competition
1. Quality of Service: Increased competition among healthcare providers can drive my organization to enhance the quality of its services, ensuring that adherence counseling is effective, patient-centered, and innovative.
2. Funding and Resources: Competition for funding and resources can impact the availability of financial support for adherence programs, necessitating efficient resource utilization and continuous improvement in service delivery.
3. Collaboration Opportunities: Collaboration with other organizations and institutions can bring in new perspectives, technologies, and best practices that can improve adherence counseling strategies.
Social Change
1. Stigma Reduction: Social changes that reduce stigma associated with certain diseases, such as HIV, can improve patients’ willingness to seek and adhere to treatment, making your counseling efforts more effective.
2. Community Engagement: Increased community awareness and engagement can support adherence programs by fostering a supportive environment for patients, encouraging them to stick to their treatment plans.
3. Behavioral Change: Shifts in social norms and behaviors, influenced by education and advocacy, can positively impact patients’ attitudes towards adherence and overall health management.
Political Change
1. Policy and Funding: Changes in health policies and government funding priorities can directly affect the resources available for adherence programs. Advocacy for supportive policies is crucial to ensure sustained support for such initiatives.
2. Regulatory Environment: Regulations related to healthcare delivery, patient privacy, and data security can influence how adherence programs are implemented and managed.
3. Health System Strengthening: Political commitment to strengthening health systems can lead to better infrastructure, more trained personnel, and improved access to essential medications, all of which support adherence counseling efforts.
Adapting to these changes and leveraging new opportunities can enhance the effectiveness of my work, ensuring better outcomes for the patients I serve.
As an aspiring project manager, complexity comes in different types. Technology may affect a project if it is not available, lacks skilled personnel to implement and operate it. Some social and political scenarios interfere with change which limits technological development as these scenarios may be practising traditional methods of project management especially developing countries.
When considering complexity in project management, it’s essential to understand that projects can become intricate due to various factors. Managing complexity involves recognizing these elements and developing strategies to handle them effectively. Key aspects of complexity in project management include:
Scope Complexity: Projects with broad or poorly defined scopes can lead to confusion and scope creep. Clear, well-documented objectives and deliverables help mitigate this complexity.
Technical Complexity: Projects involving advanced or new technologies may require specialized knowledge and can present significant challenges. Ensuring access to the right expertise and continuous learning is crucial.
Stakeholder Complexity: Diverse stakeholders with differing expectations and interests can complicate project execution. Effective communication and stakeholder management strategies are necessary to align everyone’s goals.
Interdependency Complexity: Tasks and activities within a project often depend on each other. Mapping out these interdependencies helps in planning and prevents bottlenecks.
Environmental Complexity: External factors such as regulatory changes, market conditions, or environmental considerations can impact the project. Staying informed and flexible can help manage these influences.
Organizational Complexity: Large projects spanning multiple departments or involving several organizations require robust coordination and collaboration mechanisms.
Strategies to Manage Complexity:
Detailed Planning: Invest time in creating comprehensive project plans that include clear milestones, responsibilities, and timelines.
Agile Methodologies: Employing agile practices can help manage complexity by allowing for iterative progress and continuous feedback.
Effective Communication: Regular, transparent communication ensures all team members and stakeholders are on the same page.
Risk Management: Identifying potential risks early and developing mitigation plans can prevent complexities from derailing the project.
Resource Management: Ensuring the right resources are available when needed can reduce delays and complications.
By acknowledging and addressing these factors, project managers can navigate and manage complexity, leading to more successful project outcomes.When considering complexity in project management, it’s essential to understand that projects can become intricate due to various factors. Managing complexity involves recognizing these elements and developing strategies to handle them effectively. Key aspects of complexity in project management include:
Scope Complexity: Projects with broad or poorly defined scopes can lead to confusion and scope creep. Clear, well-documented objectives and deliverables help mitigate this complexity.
Technical Complexity: Projects involving advanced or new technologies may require specialized knowledge and can present significant challenges. Ensuring access to the right expertise and continuous learning is crucial.
Stakeholder Complexity: Diverse stakeholders with differing expectations and interests can complicate project execution. Effective communication and stakeholder management strategies are necessary to align everyone’s goals.
Interdependency Complexity: Tasks and activities within a project often depend on each other. Mapping out these interdependencies helps in planning and prevents bottlenecks.
Environmental Complexity: External factors such as regulatory changes, market conditions, or environmental considerations can impact the project. Staying informed and flexible can help manage these influences.
Organizational Complexity: Large projects spanning multiple departments or involving several organizations require robust coordination and collaboration mechanisms.
Strategies to Manage Complexity:
Detailed Planning: Invest time in creating comprehensive project plans that include clear milestones, responsibilities, and timelines.
Agile Methodologies: Employing agile practices can help manage complexity by allowing for iterative progress and continuous feedback.
Effective Communication: Regular, transparent communication ensures all team members and stakeholders are on the same page.
Risk Management: Identifying potential risks early and developing mitigation plans can prevent complexities from derailing the project.
Resource Management: Ensuring the right resources are available when needed can reduce delays and complications.
By acknowledging and addressing these factors, project managers can navigate and manage complexity, leading to more successful project outcomes.vv
As a pharmacist, political change and the current economic decline has really affected my place of work. Patients are often unable to pay for medications and treat themselves and funding for some projects have been either reduced or completely cut off.
Aishat Aiteseme Abdulrazaaq
cohort 17
Team 1
Thinking about Complexity.
As the head of one of many security units in a State Government House, sometime ago, I was asked to provide a general overview of the then poor state of security communication network and make recommendations on how to resolve the issues.
At first, the task was greeted with great enthusiasm believing that finally, a solution was in sight to improve the situation.
I worked with my team andbwe worked tirelessly to gather data and facts from various users, offices and stakeholders. Finally report showing the current poor state of the network was presented alongside recommendation to remedy the situation.
I was Thinking the approval for implementation would come speedily so that qualified vendor would commence implementation.
However to my amazement, execution for the supply of needed specified equipment was subtly taken over by political associates who ended up supplying a different set of equipment that did not fit into the existing communication network.
The error in supply led to years of delay in fixing the problem in addition to waste of government fund. Unnecessary interference by higher forces at workplace could pose a major challenge.
This experience is one of many challenges project manager may face. Operating within a political or other social environments having peoplebfilledbwith greed may present certain complexity to a project, nonetheless, with necessary skills, project managers can still work around those challenges and emerge with success.
Emmanuel Olusegun Omotere
Team 4
Cohort 17
Different organisation are face with different complexity likewise Project Manager’s, For instance my company the management invested heavily on technology which is trending and it driven force in today’s business environment, However, the equipment’s has been made available with human adaptability becomes difficult, to make everyone key into this objective management have to play a significance of training and retraining, The complexity of other stakeholders did not achieved the desire results initially, Overtime the communication play a unique role with adequate engagement which have put all parties on the same page, Complexity has a way of mitigating Project Manager to achieve effectively
In my current establishment which is a Construction firm, global issues such as new technology, competition and social and political change have a very negative impact on my organisation…the soaring price of raw materials hamper a lot of our projects during this time. Budgets provided based on project initial cost estimates could not see such projects to completion. This led to extended time schedule for multiple projects as our clients struggled to pay for those projects and see to their completion. This strongly emphasized the for the need for an organization to critical consider the various complexities introduced by global changes when determining the projects they want to work on.
Change is inevitable, and for that, in my company, We have set up a research team that makes sure that we are not lagging behind in information that will boost our growth and achievement for clients while we keep our company’s core values.
Transitioning to a new technology( softwares like facebook, instagram) also play major role for social visibility – getting to be known online takes a lot of effort and time.
Change is a constant phenomenon, therefore every organisation or company keep sorting for ways to stay abreast, and are always looking for innovative ways to cut cost, but still maintain quality irrespective if their location even though it most times plats an important role for certain projects to be carried put successfully.
Like my company, it has employed the use of Robots in our productions and sales processes.
If by Occam’s razor you mean that the MRCA is the source of the segment, I fear that’s can get you into trouble Sorting matches by the four grandparent lines is pretty straightforward if you don’t have endogamy That narrows the possibilities for alternate inheritance paths a great deal
In my organization, global issues like technology has really impacted the way we do things, basically almost everything we do has been moved to the online space, although it has it advantages like having a larger customer base, the ease in record keeping, it still has it own disadvantages, although the social and political changes has affected the organization because of the rules and changes been put in place, but this has also helped us to think of a more better way to handle projects in line with the current happening
Every profession has to work hard in making research looking for easy and innovative way to handle a lot of issues as day-by-day things change technology is shaping our world so as a project manager, I need to search for innovation to make my project easy and be able to deliver quality work at stipulated time.
In my company, we’ve been impacted because technology for instance, is ever evolving and we’ve had to make several changes to adapt to the times and trends. Like the use of social media with all its complexities, to push sales. It is no longer about just word of mouth and who you know but also pushing boundaries to create visibility where you can’t physically get to.
In the telecom industry, we have had to pay more attention to after work waste management that may impact the environment. Attention is being paid to emerging technologies that improve energy consumption thereby reducing cost of each project and making the whole process more efficient.
Odinfe Chika David
team7
Cohort16
Global issue has affected the organization in which I work in such a way that we are looking forward to adopt Technology in our system which we believe will enhance more visibility for our product, create an easy access for customers to reach us and it will also enhance the easy management of the organization as we will be able to track our goods
As a result of going traditional all these while, we’ve been having issue of theft in the company, disorderliness, low sales and poor management system but with the help of Technology, we will be able pull through
The global issues such as new technology, competition and social and political change have a very negative impact on my organisation – sourcing for product at high price has been a major challenge in a competitive market. And this has been as result of government policy instability.
Transitioning to a new technology( softwares like facebook, instagram) also play major role for social visibility – getting to be known online takes a lot of effort and time.
Considering the major global issues such as technology, competition ,social and political change has affected my organization. Due to current political administration ,getting raw materials needed for production has become expensive which greatly affected the price our product is being sold.
Tender, Team 5 Cohort 16.
Technology:
Impact: Rapid technological advancements can create opportunities for innovation but also necessitate frequent updates and adaptations. Organizations must stay updated with the latest tech trends to remain competitive.
Projects: Projects may need to incorporate emerging technologies, leading to changes in project scope, timeline, and resource requirements. Agile project management approaches can help in adapting to technological changes swiftly.
In previous establishment which was a Civil Engineering firm, the soaring price of raw materials hamper a lot of our projects in period of time. Budgets provided per project could not see such projects to completion. This led to suspension of multiple projects as our clients who were individuals instead of companies and firms were unable to pay for those projects and see to their completion. This strongly emphasized the for the need for an organization to critical consider the various complexities introduced by global changes when determining the projects they want to work on.
Edeh Chibueze Goodluck
Team 3, Cohort 16
Stephen Izuchukwu Emeasoba.
Cohort 16, Team 9.
Thinking about complexity and considering how major global issues like technology, competition, social and political changes, and environmental problems, impact organizations and projects.
Currently in Nigeria, the daily declining economic situation due to political changes, has resulted to the highest level of inflation that have never been experienced in the country, which have made acquiring new technologies almost out of reach and have more than tripled the cost of doing business.
These has lead to social and environmental problems which have negatively impacted organizations and projects. And have also forced some organizations like mine to suspend operations /projects, and others to exit the country.
understanding the root causes of complexity, developing robust plans, remaining agile, fostering collaborative workflows, and harnessing technological advancements, project managers can skillfully navigate the intricate web of complex projects.
My name is Kingsley Okpoko, team 7, cohort 16.
Considering the major global issues like technology, competition, social and political changes, and environmental problems, and its impact to my organization and projects we are involved in, i would say it affects it both positively and negatively.
I am in the financial sector, when the competition is very high, which in that sense you will have to bring your A game to the table in order to be in the game with others.
Also political changes paly a crucial part in projects because a change in regulatory policies can in turn affects the projects i.e. laying off some stakeholders to cut off cuts in order to be able to keep the project running.
though it take a very good project manage to be able to over this complexities and deliver on projects.
To address this, I will briefly give a spotlight on my construction activities. Project involves complexities and it requires not only academic knowledge but a skilled mind as well or better says being street smart.
Many days you will have multiple tasks to supervise including the ones that won’t have to be under your direct supervision but indirectly, you must provide oversight for a successful result to be accumulated.
Effective project management in complex environments demands a strategic, adaptive, and integrated approach. By identifying and understanding the root causes of complexity, developing robust plans, remaining agile, fostering collaborative workflows, and harnessing technological advancements, project managers can skillfully navigate the intricate web of complex projects. The ultimate objective is to deliver project goals while mitigating risks and optimizing stakeholder satisfaction.
Considering the major global issues like technology, competition, social and political changes, and environmental problems, and its impact to my organization and the projects i am involved in right now it is super complex and it needs a high level of mental and material involvement to successfully finish up the project due to high cost of commodities.
As a business owner where competition is high i need a best strategy to apply in my business that will help me keep my customers.
Talking about complexity in my business; i will always try to make decision that will be beneficial to both my customers and my staffs. Also make room or be open to accept suggest that will help the business.
THINKING ABOUT COMPLEXITY.
First I will say that complexity is the opposite of simplicity, if something is not complex, it is simple. Reflecting to the world economy state especially Nigeria everything is complex and extremely difficult.
Considering the major global issues like technology, competition, social and political changes, and environmental problems, and its impact to my organization and the projects i am involved in right now it is super complex and it needs a high level of mental involvement to successfully finish up the project due to high cost of commodities.
In tech industry which i am now, where the competition is very high but average in demand due minimal knowledge of tech in our communities, one needs to critically think and analyze the best strategy to use to convince both the young and old on the relevance of tech knowledge in our tech world. Convincing them doesn’t end there what about the necessary resources needed, and personnel to manage the people. It become so complex to make available the right resources and recruit the right personnel with the adequate and good knowledge needed to bit the competition level in the tech system where good number of individuals are on social media giving out tech knowledge free or even at very low cost at all levels.
However, thinking about complexity in this context as a project manager i will ensure the industry simplify their strategy, the organization of the industry, products, processes and information technology systems, as this aims at removing unnecessarily complex processes which hinder change, speed, growth or increase cost. Lastly, encourage building the capacity in one self, the people, the products, and the industry, to adapt continuously and learn speedily, in order to maximize the chances of seizing fleeting opportunities.
Managing complexity in project management requires a strategic, adaptive, and holistic approach. By understanding the sources of complexity, planning effectively, maintaining flexibility, fostering collaboration, and leveraging technology, project managers can navigate the intricate landscape of complex projects. Ultimately, the goal is to achieve project objectives while minimizing risks and maximizing stakeholder satisfaction.
In the project I have been involved in, technology, competition, social and political change and the environmental crisis have impacted significantly to these project.
1. Technology: AI and Digital Tools:
Positive Impact: The introduction of AI has streamlined various processes, enhancing efficiency and productivity. Tasks that once took significant time and effort can now be automated, allowing for quicker data analysis, better decision-making, and more innovative solutions.
Negative Impact: Over-reliance on AI can lead to a decline in critical thinking and problem-solving skills among employees. Additionally, the learning curve for experienced workers unfamiliar with these tools can delay project timelines and reduce overall effectiveness.
2. Competition:
Positive Impact: Healthy competition drives continuous improvement and innovation. Organizations strive to enhance their offerings, improve quality, and deliver exceptional results to win bids and contracts, thereby raising industry standards.
Negative Impact: Intense competition can lead to cost-cutting measures that compromise project integrity and quality. When organizations prioritize winning bids over maintaining high standards, it can result in subpar project outcomes and damage to reputation.
3. Social and Political Change:
Positive Impact: Progressive social and political policies can create a favourable business environment, encouraging investment, innovation, and growth. Stable political conditions foster confidence and long-term planning.
Negative Impact: Unstable political environments and unfavourable policies can lead to uncertainty and risk for businesses. For instance, in Nigeria, political instability has driven multinational companies to exit the market, impacting the local economy and disrupting business operations.
4. Environmental Crises:
Positive Impact: Growing awareness and regulatory pressure related to environmental sustainability push organizations to adopt eco-friendly practices, contributing to long-term environmental conservation and corporate social responsibility.
Negative Impact: Environmental crises can significantly disrupt project timelines and budgets. For example, Shell’s exploration activities in the Niger Delta have led to environmental degradation, affecting local livelihoods and leading to social unrest. Compensation and remediation efforts become necessary, adding complexity and cost to projects.
Judith Isaac: The invention of Ai has been helpful in elevating human efficiency in the major aspect of work. The issue we have at work with this rise in technology is the unethical use of Ai. People lie about their proficiency level, allocating their role to Artificial intelligence.
Blessing Olusakin: The need to be relevant and stay relevant in my field in these days of advance technology and fast moving digital world has kept my organization and business on their toes. Virtually every thing is going digital now, digital farming equipments, use of robots in place of humans for manual labour in large scale farming e.t.c is impacting on the jobs meant for humans as means of survival. My take is, if I can’t have the job, then I need to be creative to be a part of the creators in the fast evolving digital world.
in the organization i currently work in, Technology has played a key role in improving
the managment and storing of data in the organization. We are now able to disseminate information to staffs in the organisation. These changes have made work easier and faster for operating in the work space.
Technology
Technology affects education by necessitating digital literacy and integrating advanced tools into learning. This requires ongoing investment in infrastructure, training for educators, and adapting curricula to include emerging technologies.
Competition
Increased competition demands that educational institutions continuously innovate to attract and retain students. This involves enhancing the quality of education, offering unique programs, and maintaining up-to-date facilities and resources.
Social and Political Change
Social and political shifts influence education policies, funding, and regulatory frameworks. Institutions must stay agile to comply with new regulations, address diverse student needs, and promote inclusivity and equity within their communities.
Environmental Crisis
The environmental crisis compels educational organizations to adopt sustainable practices. This includes reducing carbon footprints, integrating sustainability into the curriculum, and fostering environmental awareness among students and staff.
Each of these global issues requires strategic planning and responsive project management to ensure the organization remains relevant, competitive, and responsible.
These global issues can significantly influence a project success and performance in various way.
So effective adaptation, innovation, and strategic planning are crucial to navigate these challenges and capitalizing on opportunities proactively to ensure success and sustainability.
The big global issues could affect a business or organization in the following ways:
1. A supply chain could be disrupted when there is environmental issue such as earthquake or flooding
2. Technology is changing rapidly and staying up to date and mitigating cybersecuity risks would be traumatic
3. Social and political changes may affect organizations where there is government policy that may not favour it, this will hinder the reputation and ethics through which the company is known for.
Technology is playing a very impressive role in the health sector now compared to some years back. For example, We make use of computer softwares to help store and process patient data. The laboratory uses some specialize machines for investigations and we now use 2D, 3D ultrasound machines. These facility has led to the overall improvement in our services and happier customers. Although, for some cases there might be need for specialist attention and more complex investigations. Such cases we refer to appropriate specialist to continue management.
There are a good number of Competitors around us and that keeps us on our toes always. So, time and again we keep brain storming on ways to serve better and improve on our skills & services so as to maintain our spot as the preferred choice for customers health care in our vicinity.
On the Socio-Political scene, we have been loosing our health practitioners more often for the past few years now to overseas countries due to better and more organized health care system in more developed nations. This really sometimes takes it’s toll on the smooth running of activities in the organization.
Ojomo Ayodele
Cohort 16
Team 7
Technology: in my organization, which is the poultry industry, technology has revolutionized the way we do things, e.g. artificial insemination, hatchery, butchery section, machines, implements that can complete tasks by the second are being invented which is truly amazing. Every organization needs to adapt to the technology of it’s time to remain relevant, even the internet is a strong footing for any organization to interact with the whole world. Acceptance, receptiveness to change and adaptability to the said change of the project managers and the organization as a whole therefore translates to higher productivity, machine learning, projects being completed accurately and effectively over short periods of time.
Competition can either affect an organization negatively or positively. Positively in a sense that, it can give project managers that drive to be better, think better ideas, ways to make work faster, better branding of products, more productive and easier, also build more self confidence, knowledge and skills of the workers. that’s what I call “healthy competition”. Competition is only negative when it targets the elimination of an organization or the employees of said organization instead of improving the quality of the products, projects or services rendered by such companies.
Social & Political Change: organizations are citied in cities, cities are in countries, if a country is in war, either civil or otherwise, every organization in that country will be definitely affected adversely, restricted movements, insecurity, etc. A change of government can also affect organizations or projects because everything they do must be legal and law abiding including tax payment. Also project managers & organizations should take note of the society in which they find themselves, what they accept, prohibit or hate because they will directly or indirectly influence their products, projects and growth of such organizations
Environmental Crisis : factors like global warming, pollution e.g. gas, noise or water directly affects my organization because we cannot be cited in or near any geographical location that emits such. For the health & safety of both the employees and animals being reared and also for biosecurity reasons.
Harsh or Severe weather conditions as well reduces productivity in my organization and when not managed properly, the result is usually catastrophic, were talking about loss of livestock numbering in thousands.
Diseases can also result from bad environmental practices which can deadly for organizations cited in that specific area. Project managers & employees are educated on safety protocols and precautions when faced with such precarious situations.
Pm Team 9
I will be discussing my experience working in the Banking sector
1) Technology: Technology has played a major role In the banking sector by transforming traditional banking system to a digitalized form of banking. Technology has made it possible to send money from the comfort of your home to any part of the world within seconds but this has also increased the rate at which accounts are been hacked and data stolen. I remember when we were trying to test run a new software before the Go live of the new software, it was hacked and the bank was forced to abandon that project which caused a lot of funds and time to get another software and a bigger cloud-based storage. The bank had to start sensitizing customers on how to safeguard their data by not sharing their token pin and transfer pin, authorizing 2-step verification, using online virtual cards instead for online transactions, and not using them on suspicious sites, etc
2)Competition: competition is the bane of every organization but it also makes the organization keep researching to do things better to retain its customers. The rise of different fintech companies, Microfinance banks, mortgage banks, and so many others has made commercial banks develop strategies to retain their client. In my organization, we had to start up projects like collaborating with some fintech to start giving small loans to petty traders and striking a deal with the Civil Service Commission so that civil service workers can apply for mortgage loans and personal loans and it will be deducted from their salaries .
3)social and political change: Political instability is one of the major reasons for social inadequacy. when there is political instability or poor economic performance it affects every aspect of a country. when investors suspect that a system is not conducive, they start to pull out their resources and this might affect the standard of living. looking at Nigeria, stiff policies on the exchange rates is affecting every sector of the economy, and the banks are not left out because banks make money money from forex. These stiff policies intend to curb illegal markets but also have made most Banks lose investors and increase their interest rate on lending which in turn affects everyone.
4) Environmental crisis: we are in an era where climate change is affecting every part of the world and we are experiencing harsh weather. The 2023 flood in some parts of Nigeria affected Banks that gave out loans to their customers living in those areas and a majority of the customers were unable to repay their loans. This year in my place of work we started a project for cleaner energies and also we are reducing funding of businesses in flood-prone areas pending when the government can mitigate the risk that comes with excessive flood.
Rose Matarise
Technology
There will be need to adapt to new technologies and intergrate innovation in our projects to stay competitive.
There will be need to train and develop my team’s skills to leverage new technology
Competition
There is increased pressure to be innovative and also to be diffrerent in the face of global competition
Adaptation to market changes and customer expectations
Social and Political Changes
There is need to adapt to regulatory and political changes in areas of operation
There is also need to manage risks related to political instability and conflict in other regions
Environmental Crisis
Develop more sustainable products or services
Impact of climate change on our operations or particular projects
Reducing environmental footprint of our projects
Technology has helped improved in managing and analyzing data in the organization I’m working in. we have had a change in policies and regulations governing organizations as well as environmental related projects, and this has led to most investors failing to invest in projects. The government has imposed very high taxes and this has chased away investors as well.
Technology has helped improve our work and design as well as making communication easy. Organizing meetings, gathering and disseminating information.
Social and political changes- this is the biggest challenge we face, with constant changes in polices and social vices from the omo onile, to execute a project has become difficult and expensive and at times delay the project.
As a medical laboratory Scientist aspiring to be a project manager,the key issues affecting our organization include
Technology: medical innovations/technology such as auto lumo, GeneXpact, Eliza etc has affected us greatly, positively and negatively, yes it has reduced the turn around time of most results but at the same time it has made a lot of laboratory scientist lose their jobs. Machines are replacing the jobs of humans. A lot of sponsors look out for their equipment more than their employees/personnels.
Environmental crisis includes insecurities and climate change. Insecurity has made people flee their homes. Climate change which is caused by the activities of man has envelope new strains of microorganism causing anti-microbial resistance which is one of the biggest trait we are facing as laboratory scientist. Climate change has cause food insecurity which has affected lots of projects and economic growth.
It’s important that this global issues affecting man kind should be addressed and enough awareness created.
Understanding Iterative Project
I have had quite a lot of similar experiences relating to the Iterative project approach especially on the receiving end at work. The project team always asks for our contributions when modifying or creating a new work application for us to use. We get to test it on the job, give our feedbacks and wait for the needed improvements
Wale Oyegunle
Team 8 Cohort 16
My name is Obasi Chimkamma
Working as a call center agent, has made me to know that one of the major challenges we are facing is Technology because clients always want to get their demands attended to as promptly as they want it which most times isn’t possible because of a lot of reasons out of which is the fact that the site can not accommodate above a number of clients at same time.
Social disturbance and Competition from our competitors has also proven to be a challenge as capital is invested into that area to keep the project going.
From Joseph Ikechukwu Onyeocha:
Managing projects in a complex society with dynamic changes across politics, technology, environment, social factors, and the economy requires a flexible and adaptive approach. Here are some key considerations:
1. Stakeholder Engagement: Regularly engage with stakeholders to understand evolving political, social, and economic factors that could impact the project. This helps in anticipating changes and managing expectations.
2. Risk Management: Conduct thorough risk assessments considering technological advancements, environmental regulations, and economic fluctuations. Develop contingency plans to mitigate potential disruptions.
3. Adaptive Planning: Embrace agile project management methodologies that allow for iterative adjustments based on changing circumstances. This helps in responding quickly to new developments.
4. Sustainability: Incorporate sustainable practices into project planning and execution to align with environmental and social responsibilities. This may involve using eco-friendly technologies or supporting community initiatives.
5. Cross-functional Collaboration: the Foster collaboration across diverse teams with expertise in different domains (technology, policy, environment, etc.) to leverage collective insights and ensure holistic decision-making.
6. Monitoring and Evaluation: Implement robust monitoring systems to track progress and adapt strategies as needed. Regularly evaluate the project’s impact on various societal aspects to ensure alignment with broader goals.
7. Ethical Considerations: Stay mindful of ethical implications related to data privacy, social equity, and community well-being throughout the project lifecycle.
8. Continuous Learning: Foster a culture of continuous learning and adaptation within the project team to stay informed about emerging trends and best practices in relevant fields.
By integrating these strategies into project management practices, teams can navigate complexities and changes in a dynamic society more effectively, ultimately enhancing project outcomes and societal impact.
In my organization, one of the greatest challenges we face is environmental issues, particularly those specific to certain locations and often exacerbated by human activities. For example, disturbances arising from working at a particular site can significantly impact our operations.
Finding solutions to these ever-changing and unpredictable challenges is a critical task for the project manager. They must mitigate these issues effectively to ensure the business remains operational. Addressing environmental concerns requires strategic planning, adaptability, and a proactive approach to maintain the sustainability and efficiency of our projects.
My work experience so far has shown me that changes to almost any of the global issues mentioned in “Thinking about Complexities” can have some serious effect on major project in different organizations.
In my organization in the area of technology we are seeing not just rapid but also consistent changes to our work applications, we are increasingly adapting to AI tech-innovations. So we keep having different project teams from time to time bringing new apps or upgrade.
In the area of competition, the more global services you offer, the more your advantage over competitors. We are working on having less and less barriers to international transaction. However, once there is disagreement between the country where our headquarters is and another transacting nation, it puts a pause, in some cases, a stop to international services we with the transacting country. Social and Political crises largely go hand in hand, every projects introduced in our organization always take into consideration how the receiving society is structured; considering their day to day/ way of life, which in turn shapes the political environment.
We have had to bring in new policies/programmes with ongoing Environmental issues at hand such as global warming and burning bushes.
Wale Oyegunle
Team 8 Cohort 16
My name is Okeke Uchenna Ifeyinwa Team 7
As an executive assistant, advance in technology has helped in making my job much easier and faster for prompt and effective delivery of services. However, political and economical challenges have a negative impacts in that a lot of capital is been invested into a projects, it also affects workflow and income generating.
My name is Ero Osasenaga Team 4
In my current job as a customer service manager one major global challenge that affects service delivery is technology. There’s a constant demand from customers to have access to products and services from the comfort of their houses and offices etc and aside this, they also want to be able to access and give their complains expecting immediate responses using same means and as such the importance of constant improvement of technology in this regard can not be overemphasized.
My name is PAUL NWEKE, COHORT, TEAM 9.
As an Engineering firm, technology, competition, social and political changes, and environmental problems are key issues to look into and put into consideration.
The emergence of new technologies in the global market is something that must be seriously put into consideration. The advancements in modern technology concerning some of the materials we use for our project are one thing we consider. Again, getting some local materials that meet international standards is evolving and we take absolute care in ensuring these issues are considered in the course of implementing our projects.
Due to the emergence and advancement in modern technology, the global market has become where the strong ones can only survive with the best technology that suits customers, hence the market is competitive.
Social and political changes also affect the market. Some policies being dished out by the government have affected the market. To mention again is environmental problems.
These are some of the things that affect the market but for the industry and companies to strive and still continue in business, they must adopt certain policies, swift strategic planning, good governance and strategic engagement of the stakeholders to ensure customer satisfaction and successful project execution.
Aminah Yusuff
Team 2,Cohort 16
The developmental space faces a complex array of global challenges that significantly impact project planning, execution, and outcomes. Technological innovations, like AI, enhance efficiency, accuracy, and project management. However, global competition brings supply chain risks, necessitating diversification and adaptability. Social and political changes affect labor markets and regulatory environments, requiring flexible responses. Environmental concerns drive the demand for sustainable practices and efficient resource management. To thrive, the industry must adopt strategic planning, technological advancements, sustainable practices, and effective stakeholder engagement to ensure successful project outcomes and long-term sustainability.
Victor Adebayo Kolawole, Team 6.
Global issues like technology has brought innovation into the banking industry with the introduction of electronics banking and artificial intelligence.
Competition has become one of the key influence that brings about growth, creativity and professionalism in the banking world.
Social and political changes can have a negative effect on banks without strong capital.
Environmental problem, the introduction of technology has reduced the threat posed by environmental problem, because of the electronics banking.
Nnadi Stella Chidinma
Team 7
Global issues like environmental problems have led to migration and advancement in science and technology on how to know when a disruption is about to happen and escaping to safety.
Migration has led to improved standards of living and Increasing employment opportunities across borders.
Even though I happen to fall in the latter set of Virtual Administrative Assistants, I still come across stories and shared experiences from industry experts talking about how the introduction of remote workspace affected them, how weird it was at first, and how it took lots of learning before they began to adapt to the social change that had happened.
From what I have observed from them, technology was at the forefront of it all and this was because the rapid technological advancements required them to stay updated with the latest software and tools that enhance productivity and efficiency. And as administrative assistants, this meant continuous learning and adaptation to new systems like advanced scheduling tools, project management software, and communication platforms.
Also, they started to practice social values like inclusivity and diversity more and these in turn affected the impact of their projects whether personal or organizational.
1. Technology also has positive and negative environmental effects. The positive effects are recycling of wastes, reduction in carbon dioxide emissions, and renewable energy production. The negative effects include depletion of natural resources, air pollution, and accumulation of wastes.
2. Competition is important in business because it helps keep businesses on their toes. It makes them strive to develop cutting-edge products and services that are suited to their customers and gives them a marketplace advantage. Businesses with competitors know they need to work hard to maintain their customer base.
3. Political decisions, including policy changes, trade regulations, and government incentives, have a direct impact on organizations’ operations and growth prospects. For example, a shift in trade policies can disrupt global supply chains and affect international businesses
4. Factors like coastal flooding can have a major impact on businesses, leading to operational disruption and losses for organizations. Climate change can also create a higher demand for energy as the temperatures get warmer and there is a higher demand for air conditioning use.
I work for an Entertainment firm, in the music section of the industry.
Firstly, Competition as a global issue impacts my firm positively and negatively. On the positive side, it keeps us checked, ensuring that we stay aware that we aren’t the only firm in the Entertainment industry. This fact has been a major push in the firm. we make sure our deliveries are outstandingly great and unopposely accepted in the society. The competition keeps us on our toes, having to know there are rivals, we tend to do extra on every project and delivery. On the negative side, competition has compromised the cost of services in the entertainment industry. Rivals tend to bring down the cost of their services to give the clients the option of standard service, this in return affects the rate at which projects are contracted.
Technology is another global issue. The gadgets we use in the entertainment industry have been upgraded in recent times and some of those gadgets aren’t affordable. This unaffordability has reduced the productivity of the firm in terms of successful delivery of standards compared to other firms that can afford those gadgets. The introduction of new gadgets isn’t the issue but the affordability of the technology is the major issue.
Social and political issues are major global issues. Social issues happen in the sense that there are trends in society that can improve the portfolio of a firm in the same order there are trends that can damage the reputation of a firm. This phenomenon is one my firm tends to analyze critically before embarking on any project. Political issues on the other hand are quite difficult to handle because the laws are made and amended in intervals by the lawmakers, which sometimes affects the firm positively or negatively. In this regard, my firm tends to embark on projects based on the current societal and political law and order.
Our society is changing as the days go by. Globalization and environmental factors affect the way projects are carried out. Technological innovations and new discoveries, social realignment and new values tend to inform projects formulations. More so, social media has become the new gate setter on topical and trendy narratives that could impact project management.
Global issues such as technology, competition, social and political changes, and environmental problems shape project planning, execution, and outcomes in several critical ways.
Technological advancements play a significant role in enhancing efficiency and accuracy. BIM, for instance, facilitates detailed planning and collaboration through 3D modelling, reducing errors and improving project management. Automation and robotics streamline repetitive tasks and enhance precision, while smart construction materials like self-healing concrete and embedded sensors improve durability and maintenance. Additionally, drones and wearables aid in site surveys and worker safety monitoring, and artificial intelligence and data analytics optimise project management through predictive insights.
Global competition introduces challenges such as supply chain disruptions, which can lead to material shortages and increased costs. To mitigate these risks, construction firms need to diversify suppliers and adopt just-in-time inventory practices. The necessity of adhering to international standards and codes requires flexibility and thorough knowledge of varying regulations. Competitive pressures drive the need for continuous innovation, cost-efficiency, and quality improvement.
Social and political changes impact labour availability and regulatory environments. Shifts in immigration policies and workforce demographics can create labour market fluctuations, necessitating training programmes and attractive working conditions to secure skilled labour. Urbanisation demands increased infrastructure and housing, while community engagement becomes essential for project acceptance and smooth execution.
Environmental concerns push the industry towards sustainable building practices, climate change adaptation, and efficient waste management. There is a growing demand for green buildings and energy-efficient designs, and stricter environmental regulations require adherence to standards on emissions, waste disposal, and resource use.
Overall, the construction industry must adapt to these global challenges through strategic planning, technological adoption, sustainable practices, and robust stakeholder engagement to ensure successful project outcomes and long-term viability.
Technology has really been of great help in my field because it has helped us to discharge our duties very well and fast.
But social and political changes in my country has made things so difficult that one cannot be able to access some gadget in manufacturing process because of the hike in price of goods.
Political and economic crisis can affect any set project especially when it comes to finance and other related areas. In my organization, we recently had an issue because the finance mapped out for a certain project wasn’t enough to complete it. This posed a great challenge to our project and caused us major setback as we were unable to deliver as at the time we should. Other plans were put in place which helped us scale through, though, not delivering at the time we should.
As an organization that work with communities on Water, Sanitation and Health ( Health) emerging issues in technology, social media, politics are serious considerations.
First, there is the compulsion of aligning to universal standards. There are set out standard procedure. For maximum impacts, these must be adhered.
The social media acts as both a check and a promotional platform. A check on possible excesses or deviations and a promotional platform when right things are done. We use the Social media to also disseminate basic WASH information that educate and enlighten while showcasing our job. More so, care is always taken to avoid misrepresentation by some elements in the communities, especially when there are contentions. The social media can easily accept any information in spite of it’s negativity .
Political challenges also abound. Many times interests try to interfere in community projects. Though, negotiation and effective communications are always employed to sort things out. Yet, the place of politics as a challenge can not be ignored.
Modern technological advancements in terms of materials for our physical projects such as water and toilet facility constructions are there to consider also. Purchasing materials that meet international standards are ever evolving. Care is taken in ensuring these issues are considered in the course of implementing our projects.
Environmental challenges in terms of Government policies, existing or non existing facilities impact the implementation of our projects. Most times issues emerge that stretch our resources beyond estimations. Political interest most times also try to impede our organizational ethics.
These and many others do impact projects. The ability to manage them result in proper project executions.
In a globally significant manufacturing company that produces essential goods, certain factors drive the execution of a project. These include:
1. Technological trends: The project will utilize technology to simplify and expedite processes. This may involve communication with stakeholders, team members, and external parties.
2. Competitors: The presence of competitors in your field necessitates striving to improve and may lead to collaborations.
3. Global issues: The global trend of inflation affects the cost of goods in all countries, which in turn impacts a manufacturing company.
OPEYEMI JESUDIMU
COHORT 16
TEAM 5
In my organisation, we deal with IOT devices. So with technology issues, our devices have to always be up to date and in line with current trends. Dealing with completion, we make sure that we provide good user interface that is also user friendly in order for our customers to habe a good experience while using our devices software.
Damilola Ogunsakin
Working at a media company, these external factors significantly influence both the organization and its projects:
1. Technology: Rapid advancements in technology impact how news is gathered, reported, and consumed. Media must adapt to digital platforms, online journalism, and possibly invest in new technologies for content creation and distribution. Many of the media houses are not adapting to digital platforms
2. Competition:: The media industry is highly competitive, with traditional rivals and new digital media outlets vying for audience attention. Needs to innovate and differentiate its content to maintain and grow its readership.
3.Social and Political Change: Societal shifts and political developments directly affect news coverage and reader interests. The company must stay attuned to these changes to provide relevant and impactful journalism that resonates with its audience.
4.Environmental Crisis: Environmental issues increasingly shape public discourse and policy. The company may need to enhance coverage of environmental topics, adopt sustainability practices in operations, and possibly adjust editorial priorities to reflect these concerns.
In the Complexity which can be face on project management
1, Technological complexity:- by differentiation refers to the variety and diversity of some aspects of a task such as number and diversity of inputs/outputs, number and diversity of tasks to undertake, and number of specialities and contractors, involved in the project. Technology helps in effective project execution with the help of collaborative tools, in real time availability of data Technology helps in combining more approaches for the benefits of the project to helps team members to navigate large amount of incoming data, to interlink processes of project and choose the best method of project management
2, Globalisation of trade and competition:- The economy’s entry into its globalisation phase has radically altered the nature of competition. Now, numerous new actors from every market in the world are simultaneously in competition on every market. This new competition has accentuated the interdependence of the different levels of globalization trade in goods and services, direct investment, technology transfers, capital movements), with direct investment becoming a central factor in the process of industrial restructuring and the development of genuine world industries.
3. Social and Political Crisis: :- Societal and political crisis can have implications for organizations. The changes in demographics, values, and attitudes can impact consumer behavior and demand. Moreover, Change in government policies, regulations, and geopolitical dynamics can affect market conditions, supply chains, and business operations. As a project manager you must know in your mind the policy of social and political crisis can rule out your organization from the market place
4. Environmental Crisis:- This is the process where the Climate change, resource depletion, and environmental degradation pose significant challenges for organizations , our inclusive. Increasing pressure to adopt sustainable practices and reduce carbon emissions necessitates changes in power generation processes, distribution chain management, and product design. Environmental crisis can lead to damage to project if it not well address.
ESTHER EZINNE UWOGHIREN
COHORT 16
TEAM 4
In a world full of complexities, a project manager can manage effectively by:
-Staying Informed: Keeping up to date with the latest technological trends, market competition, and global issues.
-Flexibility and Adaptability: Being ready to adapt plans as situations change due to social, political, or environmental factors.
-Risk Management: Identifying potential risks early and developing mitigation strategies.
-Effective Communication: Ensuring clear and open communication within the team and with stakeholders.
-Continuous Learning: Encouraging the team to learn and develop new skills that can help navigate complexities.
-Collaboration: Working closely with other departments, experts, and stakeholders to gather diverse perspectives.
A project Manager must derive ways in handling complexities and challenges that may occur during projects. A project manger must be vast in the following factors;
1.Technology: Technology around the world has tilted many ways things are done and project management are not left out. The introduction of Ai has also affected human participation as this technology is also changing the faces of projects. Some ongoing projects are changed to include the involvement of non human actors.
2. Environmental factors: Changes in weather, climate change and other environmental hazards affects projects as some projects may be abandoned due to harsh weather and other.
3. Social factors: Social factors such as the activities of non governmental organizations can abruptly change existing or anticipated projects. The project manager should anticipate crisis of interest between government and non state actors.
4. Competition: Increased competition, both locally and globally, may require your organization to differentiate itself through unique value propositions or strategic partnerships. Understanding competitor strategies can inform your project planning and execution to maintain a competitive edge.
How We manage and deliver our projects depends on complexity of the world, complexity or global issues such as technology, competition, social and political change and the environmental crisis.
A PM sould be vast in the tech space in other to thrive in his adventure, change in political policy will clearly affect the plans and strategy of the PM in such cases, environmental crisis for instance if the stakeholders of the project are victims of chaos or war, it will definitely affect the project.
Omopariola Emmanuel Seun
Cohorts 16
Project management
How We manage and deliver our projects depends on complexity of the world, complexity or global issues such as technology, competition, social and political change and the environmental crisis.
A PM sould be vast in the tech space in other to thrive in his adventure, change in political policy will clearly affect the plans and strategy of the PM in such cases, environmental crisis for instance if the stakeholders of the project are victims of chaos or war, it will definitely affect the project.
The innovations of the artificial intelligence has really come to play in project management work.
Projects are live activities. This means that project managers and project participants are not going to sleep. They must continue to scan the project environment for changes. They must respond to changes and communicate these changes to stakeholders. These project behaviours assure success.
Technology has revolutionized project management approach. The implementation of AI-powered tools to enhance data analysis and automate tasks, resulting in increased efficiency and accuracy. However, there is also the need to address new challenges in data privacy and security.
Socio-political changes have also influenced project goals and stakeholder engagement strategies. There is need to adapt to new regulations and public expectations, requiring more agility and responsiveness in project management approach.
For most projects of course. Due to the political change in Nigeria that has affected the economy. There is rise in the prices of most items used for the projects.
The project we are currently on started last year and the bill of quantity was approved by the client and team members.
Due to social and political disturbances, the BOQ is not feasible as prices of materials have skyrocketed. This has proven a problem not only to the team but to the client who has refused to meet up with current rates.
HOW CAN FACTORS SUCH AS ENVIRONMENT, TECHNOLOGY AND SOCIO-POLITICAL CHANGE AFFECT AN ORGANIZATION AND ITS PROJECT:
1) THE ENVIRONMENT: The environment can pose constraints to an organisation’s goals and objectives through various factors ranging from economic conditions, social trends, industry trends and competition which consists of multiple organizations that collectively compete with one another by providing similar goods, services, or both. Some organizations can wield such magnitude of power as to influence major decisions that shape the general environment. A basic understanding of an organization’s environment invariably impacts the kind of projects it’ll undertake as well as the decision making process around the project. The environment could also be a source of opportunities and threats for an organization as these factors can greatly impact its performance level.
2) TECHNOLOGY: The emergence of ever evolving technological trends play a crucial role in influencing organizational change processes by reshaping structures, cultures, and behaviors within organizations. This can largely impact an organization’s mode of operation. For instance, industries that border on administrative type functions can leverage technology to making work more efficient, accurate, and faster, thereby leading to the maximization of an organization’s overall performance in terms of productivity and competitiveness.
3) SOCIO-POLITICAL FACTORS: These factors can present themselves in situations ranging from language barrier, currency exchange and inflation rate, managing global teams, foreign politics and relations and the nuances that surround them, policy changes, trade regulations, cultural differences and so on.
The decisions made concerning these factors can have a direct impact on the operations of an organization and subsequently its projects. For instance, when there is a shift in trade policies, it can disrupt global supply chains and affect international businesses which can adversely affect the outcome of a project if risk management isn’t introduced ab initio.
The world as a global village its an understanding a Project Manager must have as a cornerstone idea in all his or her actions
In line with the above comes the impact of changing technology, trade and competition on a global scale, global political and social alliances and the renew efforts to curb the actions or impacts of environmental emergency resulting from global climatic changes plays important role in Project Management.
In my organization based in an African country, all the above have had their impact on our business. The impact of new technology for business such as adopting ERP system, looking for alternative sources energy such as solar has improve our business. However, we have had to compete in sourcing for our raw material’s (corrugated reels from oversea paper mills) which in turns means we are competing with other companies overseas or also in complying with international business standards like having SEDEX Certification, ISO 9001: 2015 Certification etc which are requisite for doing business with affiliates of international brands like Coca Cola, Henkel etc.
Above all, political and social reforms has necessitated unanticipated government policies changes (tax, wages reforms etc) some which led to increase in plan project cost and this often requires a review in the scope of existing projects or his budgets, Also environmental effects and need to be more environmental friendly also are few of the critical decisions to consider as a Project Manager
Discussion complexity
New Technology
Technological complexity by differentiation refers to the variety and diversity of some aspects of a task such as number and diversity of inputs/outputs, number and diversity of tasks to undertake, and number of specialities and contractors, involved in the project
Globalisation of trade and competition
The economy’s entry into its globalisation phase has radically altered the nature of competition. Now, numerous new actors from every market in the world are simultaneously in competition on every market. This new competition has accentuated the interdependence of the different levels of globalisation trade in goods and services, direct investment, technology transfers, capital movements), with direct investment becoming a central factor in the process of industrial restructuring and the development of genuine world industries.
To contend with the challenges of globalization, firms have altered their strategies, strengthening the activities in which they were in a dominant position (refocusing), seeking to achieve critical size and attaching priority to external growth (mergers and acquisitions). At the same time, they have multiplied the number of co-operation agreements and alliances and changed their internal organisation. Globalisation has obliged all countries to raise their standards of economic efficiency, whence the growing interest in and concern about competitiveness. Analysis of globalisation has also revealed the change in the context in which most traditional indicators of competitiveness are interpreted, and demonstrated the urgent need to develop a new generation of indicators based on new information, so as to be able to throw new light on the more traditional indicators
One of the main difficulties in defining and measuring competitive is that the two main reference levels — the firm and the nation — have differing objectives. While for a nation the aim is to maintain and improve its citizens’ living standards, for a firm the object is to deal successfully with international competition by making profits and increasing its market shares
Social and Political Change:
Social and political changes have far-reaching implications for organizations and projects. For instance, shifts in social attitudes may require organizations to adapt their marketing approaches or develop new products to cater to changing consumer demands. Additionally, changes in government policies and regulations can impact project workflows, funding opportunities, or even project viability
Environmental crisis
Environmental crisis it in project management are refers to the assessment and consideration of the negative effects that a project may have on the environment. It involves identifying and evaluating the potential impacts of a project on ecosystems, resources, and socio-economic factors.
Uwoghiren Osagie Williams
Cohort 16
Team 10
Considering these global issues can provide valuable insights into how they might affect your organization and projects. Complexities and challenges around the globe affects Project Management in ma y ways
1.Technology: Technology around the world has tilted many ways things are done and project management are not left out. The introduction of Ai has also affected human participation as this technology is also changing the faces of projects. Some ongoing projects are changed to include the involvement of non human actors.
2. Environmental factors: Changes in weather, climate change and other environmental hazards affects projects as some projects may be abandoned due to harsh weather and other.
3. Social factors: Social factors such as the activities of non governmental organizations can abruptly change existing or anticipated projects. The project manager should anticipate crisis of interest between government and non state actors.
4. Competition: Increased competition, both locally and globally, may require your organization to differentiate itself through unique value propositions or strategic partnerships. Understanding competitor strategies can inform your project planning and execution to maintain a competitive edge.
By proactively considering these factors, you can better position your organization and projects to navigate challenges and seize opportunities in an ever-evolving global landscape.
My name is Charles Ntanta.
The complexities and challenges around the globe affects Project Management in ma y ways.
1. Political Crisis: Uncertainty in governments across the globe affects management of projects around the world. Many governments are toppled by military juntas and the result is that many projects are suspended or stopped entirely. Policy changes also affect projects.
2. Crisis. Crisis across the country also have it’s toll project executions. Many projects will be affected deliberately or in-deliberately. Project managers need to Wear their thinking cap to ensure they are able to forge ahead with their responsibilities as assigned.
3. Technology: Technology around the world has tilted many ways things are done and project management are not left out. The introduction of Ai has also affected human participation as this technology is also changing the faces of projects. Some ongoing projects are changed to include the involvement of non human actors.
4. Environmental factors: Changes in weather, climate change and other environmental hazards affects projects as some projects may be abandoned due to harsh weather and other.
5. Social factors: Social factors such as the activities of non governmental organizations can abruptly change existing or anticipated projects. The project manager should anticipate crisis of interest between government and non state actors.
In lue of these factors, PM should plan and replan to ensure the success of their projects.
The world is complex and at the same time dynamic; we witness changes everyday in every sphere both technological, social, political, environmental and otherwise. organizations have to keep abreast of these changes by adapting and at the same time investing in new/improved technologies and innovations in order to retain market share, stand out from other competitors and at the same time mitigate risks.
Considering these global issues can provide valuable insights into how they might affect your organization and projects:
1. Technology: Advancements in technology can present opportunities for innovation within your organization but also may necessitate adaptation to stay competitive. Integrating new technologies could enhance efficiency and effectiveness in project execution.
2. Competition: Increased competition, both locally and globally, may require your organization to differentiate itself through unique value propositions or strategic partnerships. Understanding competitor strategies can inform your project planning and execution to maintain a competitive edge.
3. Social and Political Change: Changes in societal norms, regulations, or political landscapes can impact your organization’s operations and projects. Keeping abreast of social and political developments can help anticipate potential challenges or opportunities and adapt project strategies accordingly.
4. Environmental Crisis: Environmental concerns, such as climate change and resource scarcity, may necessitate sustainability initiatives within your organization. Incorporating environmentally-friendly practices into projects can mitigate risks and enhance reputation.
By proactively considering these factors, you can better position your organization and projects to navigate challenges and seize opportunities in an ever-evolving global landscape.
Global issues like technology, competition, social and political change, and the environmental crisis have profound effects on organizations and their projects. Let’s explore how each of these factors can impact an organization and its projects, using a hypothetical example of a medium-sized manufacturing company.
Technology
Impact:
Innovation and Efficiency: Advances in technology drive innovation and operational efficiency. For instance, implementing automation and AI can streamline production processes, reduce costs, and enhance product quality.
Cybersecurity: As organizations become more reliant on digital technologies, cybersecurity becomes critical. Protecting sensitive data and ensuring the integrity of IT systems is essential to prevent breaches and maintain customer trust.
Digital Transformation: Projects often need to incorporate new technologies to stay competitive. This includes adopting cloud computing, IoT, and big data analytics, which can revolutionize supply chain management and customer engagement.
Example:
A manufacturing company may invest in IoT to monitor equipment performance in real-time, enabling predictive maintenance and reducing downtime. This technological adoption requires training for staff and potentially changes in project management practices to incorporate new tools and processes.
Competition
Impact:
Market Position: Increased global competition pressures organizations to continuously improve their offerings and find new market niches. Projects need to focus on innovation and rapid development cycles to stay ahead.
Cost Management: Competitive pricing forces organizations to optimize costs without compromising quality. Efficient project management becomes crucial to deliver projects on time and within budget.
Customer Expectations: Customers have more choices than ever, raising their expectations for quality, service, and innovation. Projects must align with these heightened expectations to ensure customer satisfaction and loyalty.
Example:
The manufacturing company might launch a project to develop a new product line that caters to eco-conscious consumers, differentiating itself from competitors. This project would require market research, sustainable sourcing, and potentially new manufacturing techniques.
Social and Political Change
Impact:
Regulatory Compliance: Changes in laws and regulations, such as new labor laws or trade policies, can affect project timelines and costs. Staying compliant requires continuous monitoring and adaptation.
Workforce Dynamics: Social changes, such as shifts in workforce demographics or attitudes towards remote work, influence organizational policies and project management strategies. Inclusivity and employee well-being become more prominent.
Corporate Social Responsibility (CSR): There’s increasing pressure on organizations to demonstrate their commitment to social and environmental causes. Projects often need to align with CSR goals, impacting decision-making and resource allocation.
Example:
A new labor law requiring enhanced worker safety standards might necessitate a project to upgrade factory conditions. This project would involve regulatory assessments, safety audits, and potentially significant investments in new equipment.
Environmental Crisis
Impact:
Sustainability Initiatives: The need to reduce carbon footprints and adopt sustainable practices is paramount. Projects often incorporate green technologies, sustainable materials, and energy-efficient processes.
Regulatory Pressures: Environmental regulations impose strict compliance requirements on projects, affecting planning, execution, and reporting.
Reputation Management: Organizations are increasingly judged on their environmental impact. Projects that contribute to sustainability can enhance reputation and brand loyalty.
Example:
The manufacturing company might undertake a project to install solar panels and reduce its reliance on non-renewable energy sources. This initiative not only complies with environmental regulations but also appeals to eco-conscious customers.
Reflection and Discussion
In reflecting on how these global issues affect your organization, consider the following questions:
How does your organization integrate new technologies into its projects, and what challenges does it face in doing so?
In what ways does competition influence your project priorities and resource allocation?
How are social and political changes shaping your organizational policies and project management practices?
What sustainability goals does your organization have, and how do these influence project planning and execution?
By understanding and addressing these factors, organizations can better navigate the complexities of the modern business environment and enhance their project management practices to achieve long-term success.
Every project, every team, every organisation, has been impacted by the dynamic nature of the world we live in.
For instance, because of technology, before an organisation is considered for a job, their competition is just a click away.
On the other hand, technology has increased the rate of global competition, and given organizations the opportunity to upskill and position better in the global market.
Environmental concerns have made organizations put on their thinking caps and find better ways to produce sustainable work.
Social and political changes have brought about bodies of law that have impacted organizations.
These impacts don’t have to be negative to be noted. Finally, there’s nothing wrong with change, every organisation that will thrive must not be averse to change, but must be ready to pivot accordingly.
I’d like to give the example of a farm that produces chickens to supply markets.
Today, almost all the players in the chain are closing their farms because the cost of inputs has doubled.
The reasons given are the drought, the many armed conflicts and the taxes and regulations imposed by the various countries.
These are all factors that need to be taken into account in order to adapt and evolve.
The new technologies used to produce chicks and pack the animals would be a solution, but they are excessively expensive.
The manager of a small and medium-sized business has to take all these factors into account to achieve his objectives.
In my experience, the major global issues like technology, competition, social and political changes, and environmental problems have a significant impact on my organization and the projects I’m involved in. For instance:
Technological advancements have led to increased automation and digital transformation, requiring us to adapt and upskill to remain competitive.
Global competition has forced us to innovate and improve our products and services to meet evolving customer needs.
Social and political changes have led to shifting priorities and regulations, necessitating flexibility and agility in our project management approaches.
Environmental concerns have prompted us to adopt sustainable practices and consider the ecological footprint of our projects.
To address these challenges, we’ve implemented various strategies, such as:
– Embracing agile to respond quickly to changing requirements.
– Investing in employee development programs to stay up-to-date with emerging technologies.
– Conducting thorough risk assessments to mitigate potential impacts of global events.
– Incorporating environmental impact assessments into our project planning.
By acknowledging and adapting to these global issues, we can ensure our organization and projects remain resilient, relevant, and responsible.
Global issues have both positive and negative effects on organizations and projects. The advancement in technology can enhance operations as well as improve productivity when an organization decides to embrace technological advancement, technology advancement is usually highly capital intensive and can make it difficult for an organization to level up based on technological standard. In cases where for some reason an organization is not operating with the latest available technologies, it makes them to be at the loosing end with other technically more advanced organization, as more clients will prefer to work with seemingly more advanced organizations.
Government policies can also greatly affect the way an organization are able to operate, some policies may be highly demanding and be very difficult to be met by some organization and this could lead to a company becoming defunct.
Big global issues like technology, competition, social and political change, and the environmental crisis can significantly affect my organization and my projects in various ways:
1. Operations: Supply chain will be disrupted, resources are most times scarce in getting, and regulatory changes comes in play.
2. Marketing and Sales: this usually change consumer behaviors, their preferences, and expectations.
3. Innovation and R&D: there is the need for continuous innovation, adaptation to new trends, and investment in new technologies.
4. Human Resources:This is the attraction and retaining of good talents, diversity and inclusion, and employee engagement.
5. Reputation and Brand: Social and environmental responsibilities, transparency, and accountability.
6. Financial Performances: This usually happens in the fluctuations I. markets, regulatory changes, and investment in sustainability initiatives.
7. Strategical Planning: Adapting to changing circumstances, scenario planning, and long-term thinking.
So my organization is always ready to be agile, to adapt to new trends, and proactive in responding to these global issues in order to maintain their competitive edge, be in line, and maintain their reputation, and long-term success
1. Technology: Rapid advancements in technology can impact organizations and projects in several ways. It may require upgrading existing systems or adopting new tools to stay competitive. Furthermore, technology can also create opportunities for innovation and efficiency improvements within projects.
2. Competition: Global competition can affect organizations and projects by increasing pressure to deliver better products or services. It may necessitate identifying unique value propositions and targeted marketing strategies to differentiate from competitors. Additionally, staying updated on industry trends and understanding competitors’ strategies is crucial to adapt and thrive.
3. Social and Political Change: Social and political changes have far-reaching implications for organizations and projects. For instance, shifts in social attitudes may require organizations to adapt their marketing approaches or develop new products to cater to changing consumer demands. Additionally, changes in government policies and regulations can impact project workflows, funding opportunities, or even project viability.
4. Environmental Crisis: The environmental crisis has a significant impact on organizations and projects in terms of sustainability and corporate responsibility. Organizations need to assess their environmental footprint and take actions towards sustainable practices. Projects may need to incorporate environmental considerations, such as resource conservation or renewable energy integration, depending on their nature.
Considering these global issues is essential for organizations and projects to remain relevant, adaptable, and resilient. Addressing these challenges proactively can lead to improved competitiveness, increased stakeholder satisfaction, and positive social and environmental impact.
Kennedy Anyanwu
Cohort 15
Global issues such as our social, environmental and political changes in our economy have had negative impacts on businesses and organization. In Nigeria businesses do all to remain relevant despite the various challenges faced. However, advancement in technology has been of great benefit because it has helped to make businesses and organization thrive in complex situations and also aid increase in growth and development of businesss and organizations. It has helped solved the problem of unemployment, technology sharpens and enlightened people on how they can be useful and make the best use of there time.
In this era of globalization where all the aspects of life are infused together be it political, economic, social, technology and environmental challenges, all these have a great impact on all decisions made in every single organization or projects.
Technologies have had significant positive impacts on decision making, carrying out task and at the same time posed several challenges on accomplishing some.
Overall every organization or individual must keep abreast on the changing tides of globalization.
Mnena Joyce Atom
Team 7
Technologies, environmental crises can affect a company’s strength in generating revenues, it can also cause an organisation to lose market share by making it difficult for some competitors to obtain critical components or services needed for their continued growth
Essentially, with the rise in AI and other disruptive interactive technologies, I think the adoption of these modern Technologies and its integration in systems remains one of the biggest hurdles organizations needs to cross in order to meet global standards. Organizations needs to be intentional towards taking steps to fill these technology gap so as to remain relevant and in tune with their industry benchmark.
In the typical business setting, various elements consistently influence both the internal and external structure and functioning of a business. Through experience, I’ve come to understand that the business environment is always changing. As a project manager, it’s essential for me to continuously enhance and adapt my skills to effectively handle these factors that can impact the project.
As an Executive Assistant, I run the core administrative functions of my organization and technology has made it pretty easier to multitask and deliver excellence.
However, I see my firm struggling o a couple of things due to economic factor in the country.
As a coach, globalization, technology, and the internet positively impact my job as they give me more visibility and afford me a wider range of customer base.
while as a writer, the AI writing tools innovation has placed my job at risk of being taken over. I have been able to adapt to this change by harnessing my advantage of being a human into my write-ups, which is inputting emotions into my writing which AI cannot do in real-time except otherwise programmed.
These changes are good and needed for development, but a PM should be able to understand how to respond to these complexities and changes as it affects the project at hand per time
Mary Ayo
As a social media strategist, advancement in technology makes my job easier and at the same time difficult. It makes my way easier because it provides me with more tools and applications which helps me get more work done within the shortest possible time. It makes my work difficult and demanding, which to offer my clients optimal service, I need to be up to date with the latest trend.
Political changes play a great role, because everything revolves around government policies.
Competition motivates organizations to foster innovation through the adoption of modern technology. Technology helps make job faster and easier. Social changes guides the way an organization operates
Umeanolue Lilian
Team 6
Considering these major global issues like technology which has brought positive impact on project making communications and work be done effectively and timely.
competition, social and political changes, and environmental problems has a negative impact on projects. More competitors are rising every day, the political and environmental problems in our country has brought about high cost of tools and some political laws which are detrimental to the project.
In the normal business environment, these are factors that will constantly affect the internal and external framework and operation of business. As I’ve learned over time, that the business environment is dynamic. As a project manager, I must constantly update and acquire skills relevant for navigating through this factors that can affect the project
Global challenges like social, environmental, and political shifts have adversely affected businesses and organizations, particularly in Nigeria, where they strive to stay relevant amid numerous hurdles. Nonetheless, technological advancements have significantly contributed to growth and job creation.
Osuji Mirian
May 10,2024@2:40pm
Technology has helped greatly in my profession as a baker.But the social and political changes in my country has made things so hard, that one cannot be able to access some gadget in manufacturing process because of the hike in price of goods.
My experience as a digital project manager is not different from that in the video. Agile framework helps a project manager to carry out projects in short iterations creating solutions with active feedback and contributions from users. Short sprints produces viable products with room for feed back to ensure that user needs are being met and value created.
The challenges of volatility and uncertainty can significantly impact organizations in various ways and manifest in projects as follows:
Strategic Planning Disruption: Volatility and uncertainty make long-term planning difficult as market conditions, customer preferences, and competitive landscapes rapidly change presenting a chaotic scenario. Organizations have to constantly struggle in being able to set clear strategic objectives and continued need to reassess and adapt operational plans.
Resource Allocation Challenges: Fluctuations in market conditions make it challenging to allocate resources effectively as organizations have to make quick decisions about resource allocation in response to changing priorities and needs.
Risk Management Complexity: Volatility and uncertainty presents a higher risk profile for projects with an increase in the likelihood of unexpected risks and disruptions. This means that organizations must continually assess and manage risks to project timelines, budgets, and outcomes. This establishes the need for robust risk management strategies to mitigate potential impacts.
Stakeholder Uncertainty: Uncertainty can lead to increased anxiety and skepticism from stakeholders – customers, investors, and employees. This presents a challenge of maintaining stakeholder confidence and trust requiring a proactive engagement to manage anxieties and address concerns.
Project Scope Changes: Volatility and uncertainty present a challenge of shifting project requirements and priorities. Projects may need to accommodate frequent scope changes or pivot to address evolving needs or market dynamics. This situation requires agile project management approaches with flexibility in project execution.
Budgetary Pressures: Economic volatility can impact project budgets, leading to constraints and cost overruns. Organizations will need to adjust financial plans and allocate resources more judiciously to ensure projects remain viable and sustainable.
In summary, organizations must cultivate a culture of resilience, agility, and adaptability in executing projects in an unpredictable environment and embracing innovation to capitalize on emerging opportunities despite the volatility and uncertainty in the operating environment.
The VUCA framework—Volatility, Uncertainty, Complexity, and Ambiguity—provides a useful lens for understanding and responding to the challenges posed by dynamic and unpredictable environments. Responding to the challenges as a project manager requires analytical/critical and problem solving skills. There is a need to leverage the VUCA framework effectively to be able to succeed and deliver outputs/outcomes with benefit:
Volatility: Need for recognition that change is constant and unpredictable. Need to embrace agility and flexibility in the approach to planning and execution. Focusing on building resilience and the ability to respond quickly to unexpected developments rather than trying to predict specific outcomes. This may involve scenario and change management planning where you not only anticipate various potential scenarios but prepare contingency plans and change management processes accordingly.
Uncertainty: With uncertainty inevitable, there will be a need to cultivate adaptability and a willingness to experiment and learn from feedback. Adopting a culture of innovation and creativity equips teams feel to explore new ideas and approaches to confront new and evolving challenges.
Complexity: This highlights the fact that challenges that presents itself are interconnected and multifaceted. Calls for holistic view of the situation, capturing the wider context of the situation in all its diversity and the interdependencies between different variables. This will require breaking down complex problems into smaller and more manageable units. By so doing, cross-functional teams can collaborate to leverage diverse perspectives and expertise to proffer solutions.
Ambiguity: Ambiguity is a common theme inherent in uncertain environments, implying that not all questions will have clear answers. The courage to embrace ambiguity as an opportunity for exploration and discovery is critical where it is encountered. Creating an atmosphere of open communications in projects and fostering a learning mindset are useful opportunities for learning, growth and improvement.
In summary, using the VUCA framework serves as a tool for understanding and responding to challenges in a rapidly changing global business context. By embracing VUCA, a project manager can develop resilience, agility, and adaptability in an organization rather than being overwhelmed by volatility, uncertainty, complexity, and ambiguity sometimes encountered in dynamic and unpredictable environments.
Global issues have positive and negative impact on businesses and organization. However, they must thrive to beat that effect by advancing in technology by creating new strategies that will further increase growth and productivity.
Global issues such as social, environmental and political changes have had negative impacts on businesses and organizations especially here in Nigeria as businesses push so hard to remain relevant despite the various challenges faced. However, advancement in technology has been of great benefit because it has helped to increase growth and employment
Technology has greatly affected everyone in this century including myself no matter what one do
As a health worker with my many years of experience, I’m motivated to push further in other to meet up with the recent updates so as to keep thriving
Eze Jacinta Ogechukwu
COHORT 14
Global issues like rapid technological advancements, fierce competition, societal shifts, political unrest, and the environmental crisis impact the organization and projects by necessitating adaptability, innovative solutions, sustainable practices, and a keen awareness of changing landscapes to remain relevant, competitive, and socially responsible in a rapidly evolving world.
The effects of social and political changes in my country has cost an impact in a negative way. In such that the number of project carried out in a year has reduced, the amount of commodities in the market are quite expensive which brought about reduction. The area of technology has been of great impact, creating employment, and growth in the areas of tech.
The social and political changes in my country has impacted the number o projects that my organisation is able to conduct in a year and has also drastically reduced the scope of the projects been undertaken as a result of insufficient supply of resources and ack of adequate manpower to carry out some technical aspects of the projects
Blessing Siya Ukpabi-Willi
In my organisation, we aren’t left out in the challenges that other organizations face. For instance,
Technology: has affected the way slot of things are been done. Though, in my opinion technology has been of tremendous benefit us. Fast and easy dissemination of crucial information has been enabled even at short notices. Technology has helped to bring the workers together and has also provided tools that makes work easy and efficient. Although, there are still concerns about the negative aspects of technology.
Environmental problems such as global warming also affected my organisation because children outdoors has been threatened by the extreme weather during the day time in most of the outdoor activities take place.
In the hospital where I work,
1. Technology – this has really helped us in discharging our duties well and fast. Example is the laboratory department of the hospital. The machines used are a result of technology which in turn makes our patients happy because they wouldn’t need to come back for results expect on rare occasions where it depends on the kind of investigation they run. Also, social media has made advertisement very easy for us as people who hasn’t heard about us will get to see us online and want to patronize us .
Emails also makes communication very easy to disseminate.
2. Competition – this has enabled us up our games and made us discovered our competitive advantage over our competitors.
3. Government policies – the economic challenge we face in our country is a general challenge which we also face in our organization. This affects prices of goods and services and in turn affects the price of our services to our customers. How we were able to pull through is by being fair enough with our prices despite the economic changes.
These global issues can have significant impacts on organizations and projects across various sectors. Below are a few of them:
1.Technology: Rapid advancements in technology can both empower and challenge organizations. Embracing new technologies can enhance efficiency, improve products or services, and open new markets. For example, in my IT Support professional, remote connectivity has enhanced the way we support our clients. This has enhanced our time management and reduction in cost of transportation from a location to another, in project delivery. Also, we have embraced Automation in carrying out our activities such as AMI (Automated Metering Infrastructure) that allow my organization to manage meters remotely and eventually increases our revenue collection. However, staying abreast of technological changes requires organizations to navigate issues such as data privacy, cybersecurity, and the ethical implications of emerging technologies.
2. Competition: Globalization has intensified competition across industries. In my organizations we are continuously innovating to stay ahead of competitors, whether through product differentiation, cost leadership, or other strategies. For example, some of our Maximum demand customers in power industry are given reduced rate to keep them in business with us. Understanding market dynamics, consumer preferences, and emerging trends is crucial for maintaining a competitive edge.
3.Social and Political Change: Societal and political shifts can have profound implications for organizations. Changes in demographics, values, and attitudes can impact consumer behavior and demand. Moreover, shifts in government policies, regulations, and geopolitical dynamics can affect market conditions, supply chains, and business operations. As Organizations we are staying attuned to these changes and adapt their strategies accordingly.
4.Environmental Crisis: Climate change, resource depletion, and environmental degradation pose significant challenges for organizations , our inclusive. Increasing pressure to adopt sustainable practices and reduce carbon emissions necessitates changes in power generation processes, distribution chain management, and product design. Failing to address environmental concerns not only risks reputational damage but also regulatory penalties and distribution chain disruptions.
Familua Adeniyi
Cohort 15, Team 1
In the educational sector where I work, technology has been of great help. It has helped to make teaching easier for the teachers by introduction of various learning materials and online teaching sites. Also, it makes it fun for the students by inclusion of various curricular and extracurricular activities . This has cause a kind of competition especially for onsite schools where they have to adapt to technological changes so as not to be left behind.
Environment crisis as well as social and political changes can affect educational sector negatively. These include strikes, naira scarcity, unfavourable governmental policies, e. t. c. In spite of all these issues, the educational sector is gradually adjusting to the challenges and trying to do the needful under these circumstances.
Working within the telecommunications industry, we constantly feel the influence of our competitors’ actions, both in terms of the quality of service they offer and the pricing of our own products and services.
Furthermore, technological advancements play a crucial role in shaping the quality of our services. A robust technological infrastructure not only enhances our network strength but also expands our customer base significantly.
As an organization, our operations are governed by the Nigeria Communications Commission (NCC). This regulatory body oversees pricing structures for all telecom products, sets guidelines for handling unregistered lines, imposes sanctions for non-compliance, and ensures adherence to industry standards.
Finally, we are guided by the National Environmental Standards Regulation and Enforcement Agency (NESREA) to ensure that our operations have a positive impact on the environment.
In my home, technology has become the vehicle that drive virtually everything. Ranging from communication to meals preparation and even to normal day to day running of the home. While there are lots of goodness that technology brings to the home, it can cause harzards and distort the traditional ways of doing things. it sometimes causes laxity and unintentionality in doing what should be done and in keeping to time too.
In a teaching and learning environment where I work that’s a school.
Technology has taken over most of the jobs of the secretaries. The lesson plan are posted online and the examination results are posted on line.Most Schools now operate the E- learning methods due to environmental crisis, during the COVID-19 era and after the era most schools adopted teaching online.
Online teaching brought competition amongst different schools who want to make it easier for their students.This also helps in protecting the students from contracting the virus and for security reasons.
The world is getting more complex by the day and the school environment is adjusting to the complexity.
Working as a technical trainer I experience a lot of complexity do to political and social changes but enrolling for these PM training, what I have learnt so far is making to understand the ethics and the dynamics of change and how to overcome them. Take for instants, having a project at hand there are so many things that can lead to the closure or stopping of the project.
A) like the issue of environmental
Pollutions and these environmental pollution could be, the discharge from the project is coursing more damage to the environment.
B) So as PM we must thick about being environment friendly with our project hence we must put in place good waste management system in all our yard and site as this if not done can lead to a show stopper.
C) The political arena could also lead to a project stoppage as government policies might lead to high cost, inflation might also set in leading to failure to purchase equipments. However were the PM is proactive, he will be ahead of all this issues as the team would captured most of this in the initial planning of the project.
All changes affects any projects execution as this can serve as a blocker, increase cost of executing project or stop a project abruptly.
Take for ihstance in Nigeria, project execution was affected in Lekki, Lagos state when then end Sars protest was on. Other facts such as fuel increment, weather abnormalities can adversely project execution.
As a lawyer technological advancement has greatly affected me because I came to find that we my 8 years of experience and knowledge of the Law is not enough to help me thrive in my profession as a result of the current technological advancement. With that in mind, I have been pushed to also equip myself with relevant technological knowledge necessary to help me thrive. This is one of the reasons I enrolled for the project management course.
Also, working in a real estate company, my organization is largely affected by social and political changes as well as competition. There re so many real estate companies popping up on a daily basis and this has created so much competition in the industry as a result, there’s a need to constantly improve yourself to stay relevant.
In the field in which I work, competition is a significant obstacle to obtaining funding and resources.
We have to differentiate our impact, collaborate effectively, invent, and exhibit transparency and accountability in other to access funding and resources.
As an entrepreneur, big global issues can have effect on my business such as:
1. Technology: Swift advancement in technology can pose challenges for me when i am unable to match the rate of change, resulting in the obsolescence of my goods or services, heightened rivalry from tech-savvy competitors, and an ongoing requirement for investment in new technologies to remain relevant
2. Competition: As an entrepreneur, I may find it challenging to stand out in crowded markets, and continue to be profitable in the face of fierce international competition. Reduced market share, pricing pressure, and the requirement for ongoing innovation to maintain competitiveness are further consequences of increased competition.
3. Social and Political Change: By affecting consumer behavior, market demand, and regulatory environments, changes in norms of society, consumer preferences, and political environments can have an effect on me as an entrepreneur. The operations of businesses can be impacted by political unpredictability, complicated regulations, and shifting societal expectations, all of which can be challenging for me as an entrepreneur.
Recognising that project management is not immune from global matters is a key take away of this module. It is a notable fact that all kinds of organizations, whether large or small, are impacted by global issues and events of the world they operate in. Companies therefore big and small need to understand and respond to this complexity and change dynamics. Being proactive about it influences the projects it chooses to undertake and how it handles them.
Technology: Rapid technological advancements can both enhance and disrupt business operations. Consequently, embracing emerging technologies can lead to innovation and efficiency gains and on the other hand failure to adapt may result in being left behind or outright extinction. It’s essential to stay updated on technological trends relevant to your industry and incorporate them strategically for growth and development through projects.
Competition: It is inevitable in an ecosystem of rapid change such as globalisation. Increasing competition, both domestically and internationally, necessitates a keen understanding of market dynamics and customer preferences. Analyzing competitors’ strategies can provide insights for differentiation and staying ahead. thereby necessitating continuous improvement and innovation in products and services in order to maintain a competitive edge.
Social and Political Change: Social and political upheavals bring about previously unknown challenges or opportunities. Anticipating and adapting to these changes require sensitivity and proactive risk management. This can impact businesses positively or negatively and affect project feasibility and execution.
Environmental Crisis: An increase in environmental awareness and issues continue to drive calls for sustainable practices across all aspects of business operations globally. Issues of reducing carbon footprint, minimizing waste and environmental impact of supply chains is a global discourse impacting on global business. Therefore incorporating environmental considerations into project planning and execution demonstrating corporate social responsibility and resilience is gaining ascendancy becoming the norm in the corporate world.
Consequently, an assessment of these factors in relation to organisation and projects can help identify risks and opportunities, inform strategic decision-making, and foster long-term sustainability and success of organisations.
Currently, my industry is being affected by trends in a good way and a bad way. This can be categorized as social change.
As an Assistant Technical Manager in an Agricultural company, the global business environment is constantly changing to be in the system, you must move with the pace or faced out of the race. Technology has revolutionized the way organization function as there are less paper work to be done. Samples take a lesser period of time now for the results to be processed compare to the old ways of doing it. Furthermore, social and political changes such as shifting demographics and changing government policies require organizations to be responsive and adaptable. We must prioritize diversity in other to navigate new regulatory environment and develop new strategies to address social and political uncertainties. This in a way helps organizations to be on their toes every day in other to cope with the changes.
The effects of global issues like technology, rivalry, social and political change, and environmental crisis on an average Nigerian can be profound. For example, technology can provide opportunities for education and economic growth, but it can also widen the gap between the wealthy and the poor if access is unequal. Rivalry between nations can impact economy and security which will have its effect on the citizens, while social and political change can influence governance and individual rights. Additionally, environmental crises like climate change can exacerbate existing challenges such as food insecurity and displacement. Overall, these global issues can shape various aspects of life for Nigerians, impacting their opportunities, well-being, and future prospects.
I am a confidential secretary, the advent of technology has rendered some of our colleagues redundant, as most of our bosses are becoming computer literate and technology pro. This has lead to less or no need for some roles performed by secretaries. In a normal circumstance, secretaries are suppose to be trained and retrained on the latest technological advancement in order to keep up with the trends, but due to some politicians that play out in the society, these training are never carried out. Same on politics, secretaries are prevent from attending a directorate cadre, this is a demotivating and can as well be depressing in most cases.
In an Automobile Company,there are the ways Global issues affect the Organization and our ongoing projects:
1. Technology: New tech like digital screens and digital marketing can improve our brand and reach more people. But we must keep up with these changes or risk falling behind.
2. Competition: More brands are pushing for the market share, so we need to take on activities in engaging customers , showroom events and excellent services to keep our customers.
3. Social and Political Change: Changes in laws or public opinions can affect how we do branding and what content we can show. We must stay updated and communicate through social media and be adaptable.
4. Environmental Crisis: People care more about eco-friendly practices now. Using sustainable materials and reducing waste can improve our reputation and attract eco-conscious clients.
I work in an electromechanical company as an electrical project engineer. We build and install electrical panels, gear switch and other electrical installations. We are always not caught unaware by new technology as our vendor always make it a point of duty to come up with seminars whenever they are coming up with new product. However, there are contracts and project that were terminated due to the sudden price surge.
Considering the need for growth in my real estate business. It is expedient that I stay updated on the latest technology which will help in making my work easier such bulk email, zoom e.t.c.
I work in a manufacturing company, and am their design Engineer. As a Tool and product design Engineer, there are new sophisticated design application that makes design fast and easy than few years back. this new ways of getting thing done faster and better has brought lots of competition within the business.
Competition in the Business: There are various company in manufacturing that produce same product ours our core values of durable and quality product speaks volume. High cost of raw material is a factor militating against manufacturing in our environment today.
As a Business Intelligence Analyst, some global issues impact my organization and projects. Some of these issues are;
1. Technology Changes: Being a Business Intelligence Analyst means I deal with a lot of data, and how I handle data is always getting better thanks to new technology. I use smart tools and tricks like AI to understand data faster and make better decisions. These advancements also mean I can look at data in real-time and use visuals like charts to make it easier to understand.
2. Competition and Smart Moves: In my job, understanding our competition is crucial. we use data to figure out what our rivals are up to and what our customers want. This helps us plan our next moves and stay ahead in the game. We also keep an eye on rules and laws that might affect how we use data or make business choices.
3. Environment and Social Changes: Nowadays, caring for the environment is a big deal. We make sure our projects are eco-friendly and think about how our work impacts the world. Also, we pay attention to how society is changing, like new beliefs or laws. These changes can affect our work, so we stay ready to adjust our plans and use data wisely.
I work in an OOH and DOOH Company. Below are the ways Global issues affect my Organization and our ongoing projects:
1. Technology: New tech like digital screens and data analytics can improve our ads and reach more people. But we must keep up with these changes or risk falling behind.
2. Competition: More companies are entering the market, so we need to stand out with unique ideas and excellent service to keep our customers.
3. Social and Political Change: Changes in laws or public opinions can affect how we advertise and what content we can show. We must stay updated and adaptable.
4. Environmental Crisis: People care more about eco-friendly practices now. Using sustainable materials and reducing waste can improve our reputation and attract eco-conscious clients.
As a pharmacist in the healthcare sector, global issues significantly impact my organization and projects.
Technological advancements can improve patient care and medication management, but also require investment in training and infrastructure.
Competition from online pharmacies and changing patient expectations demand innovative services and personalized care. Social and political changes, such as healthcare policy reforms, affect funding and access to care.
The environmental crisis raises concerns about sustainable practices and supply chain management in reference to transportation.
To address these challenges, the healthcare sector need to prioritize digital transformation, patient-centric care, and sustainable practices, while staying informed about policy changes and industry trends.
As a civil engineer, the impacts of technology, competition, social and political changes, and environmental issues are integral to how we plan, execute, and manage our projects.
Technology has significantly transformed the way we operate. For instance, the use of Building Information Modeling (BIM) tools and Geographic Information Systems (GIS) in our projects has improved our planning accuracy and efficiency. These tools help us in simulating various scenarios and optimizing our designs. Additionally, technology like drones and IoT devices aids in monitoring construction sites in real-time, ensuring safety and compliance with established guidelines.
Competition in the industry has become fiercer with globalization. It drives innovation but also puts pressure on pricing and the quality of services. We strive to differentiate ourselves through specialized expertise in sustainable engineering and by adopting advanced technologies that not only streamline construction processes but also enhance the lifespan and efficiency of the structures we build.
Social and political changes also have profound implications. For example, increasing urbanization requires us to design infrastructure that can accommodate growing populations. Changes in regulations and policies, like stricter environmental laws or mandates for green buildings, require us to constantly adapt our practices and designs. Moreover, projects often face scrutiny from various stakeholders including local communities, which necessitates transparent communication and community engagement strategies.
Environmental challenges are perhaps the most pressing. As civil engineers, we have a pivotal role in addressing issues such as climate change, resource scarcity, and environmental degradation. We focus on sustainable construction practices that minimize environmental impact, such as using recycled materials, ensuring efficient water and energy use, and designing for longevity and adaptability. Mitigating the impacts of natural disasters and building resilient infrastructure is also a growing priority, which involves considering future climate conditions rather than relying solely on historical data.
In conclusion, these global issues do not only challenge us but also create opportunities to innovate and improve the resilience and sustainability of our built environment. Our response to these challenges directly impacts the success of our projects and the sustainability of our communities.
As a Customer Service Representative and Virtual Assistant, Technology has been so beneficial to us in terms of making our job easier and delivering exceptional services.
New software and tools are created every day, aiming to streamline our work processes. However, staying sought after and excelling in your job requires staying up to date with the latest innovations and continuously upskilling.
As a realtor in Nigeria, the real estate system has been affected greatly by our current political system. And this has in turn affected the system in terms of high cost of purchasing building materials and paying for labour, hence causing the increase of landed properties and building project. This is because of how unstable our currency is and the unfavorable monetary decisions given by the apex
Having been in the educational system for a long time, the growing awareness of environmental issues has led to the inclusion of environmental education in the school curriculum. Schools now teach about sustainability, climate change, and ecological conservation, preparing students for environmental stewardship.
Again, laying emphasis on soft skills such as communication, collaboration, critical thinking, and adaptability aligns education with the needs of a rapidly changing job market thus preparing students for success in diverse career pathways.
As a virtual assistant, I’ve observed firsthand how major global issues such as technology advancements, increased competition, social and political changes, and environmental concerns impact not only my organization but also the projects I’m involved in.
Technology plays a significant role in shaping the way we work and interact with clients and team members. The rapid pace of technological advancements requires constant adaptation and upskilling to remain competitive and deliver high-quality services efficiently.
Competition, especially in the virtual assistant industry, drives us to continuously innovate and differentiate ourselves to attract and retain clients. It also pushes us to stay updated with industry trends and best practices to stay ahead of the competition.
Social and political changes can influence the regulatory landscape, market dynamics, and client preferences. As virtual assistants, we need to navigate these changes carefully to ensure compliance and adapt our strategies to meet evolving client needs and expectations.
Environmental problems, such as climate change and sustainability concerns, are increasingly becoming key considerations in project planning and execution. Clients and organizations are placing greater emphasis on environmentally friendly practices, which may impact the way projects are designed, implemented, and evaluated.
Overall, these global issues require virtual assistants like myself to remain agile, adaptable, and proactive in addressing challenges and leveraging opportunities that arise in this dynamic and interconnected world.
Technology has helped improve learning an changes the phase of production by giving birth to good and quality products.
With the advert of technology, mankind has found a way to complete task at ease and get an accurate result. Technology helps in designing, analyzing, calculating, collating data and organizing feedbacks, preparing reports etc
Technology helps us to automate alot of tasks that are mundane but necessary also helps us access real time competitor moves. The society sets the trends we have to keep up with and to anticipate client needs while navigating higher costs of business and policy changes. Environmentally changes in weather has impacted the way our clients needs and how they use our products.
The technology evolution has been interesting and has greatly impacted my organization. As a health care provider the way I deliver some services has been impacted by technology. I consult with electronic devices and can hold virtual meetings with clients and other stakeholders. Health information can be passed across on social media platforms and clients can engage with me on such fora..
So technology has indeed positively impacted my world.
Global issues have a significant impact on my organizations and projects.
To stay competitive, my organisation needs to consider embracing technology advancements like blockchain, artificial intelligence, and data analytics, analyze competitors, adapt strategies accordingly, monitor social and political shifts, integrate ESG criteria into investment decisions, countinnue to explore international markets, diversify portfolios, have risk management strategies in place, and foster a culture of continuous learning and innovation. Regular assessment, agility, and strategic planning are essential for my organisational success.
For my organization, new technology can shake up how things are done. Using tools like data analytics and AI can make work smoother and more innovative. In my projects, technology helps teams work better together and make smarter choices based on data. It saves time and money while improving the final results.
With more players on the global stage, my organization needs to stand out. Being creative, delivering quality work, and keeping customers happy are key. In projects, I’ll need to be fast, efficient, and offer top-notch results to stay ahead in my industry.
Changes in society and politics can impact how my organization operates. Keeping an eye on what people want, cultural shifts, and new rules is crucial. Projects may need adjustments to meet regulations, satisfy diverse stakeholders, and navigate potential risks in different regions.
Being eco-friendly is not just a trend—it’s a must. My organization must find ways to reduce waste, use cleaner energy, and protect the environment. Projects need to follow green guidelines, use sustainable resources, and consider environmental impacts from start to finish.
By tackling these challenges head-on, my organization can build a stronger reputation, keep clients satisfied, and contribute positively to the world around us. It’s important to stay informed, being adaptable, and making responsible choices every step of the way.
Technology, competition, political changes and many global issues are affecting organization and project at large. All this poses a threat to a Project Manager and a project manager must learn how the world is constantly changing in other to fit in perfectly.
One major global issues in my organization is political changes. I serve in a government parastatal and no doubt majority of the involvement are political. However, political changes has poses several threat in such a way that alot of projects are been abandoned after spending so much. For instance, a project was on going when Mr A was the head of the organization and they have a clear plan of how the project will run and they were working on it but Mr B was posted to the organization when Mr A was posted to another organization. Mr B doesn’t see a need to further the project or he is not seeing the usefulness of the project, in other words the project could not continue. This was a whole lot of discouragement for members.
However it is imminent that there will always be political changes but as a Project Manager, it is also essential to prepare oneself for the hard days ahead.
Looking forward to learn better in this module
Big global issues, such as technology, competition, social and political change, and the environmental crisis, ask yourself how do these affect my organisation and my projects?
As an engineer, my observation has been lack of contracts and demand, ongoing contracts are been suspended and staff loosing thier jobs that is as a resolve of the pandemic. My organisation or industry is yet to pick up as it were. The available contracts are been dragged by so many companies leading to politicizing the process. Those who has people though with out the capabilities ends up getting the contracts. This has lead to so many fetal accidents and down time.
Big global issues, such as technology, competition, social and political change, and the environmental crisis, ask yourself how do these affect my organisation and my projects?
As an engineer, my observation has been lack of contracts and demand, ongoing contracts are been suspended and staff loosing thier jobs that is as a resolve of the pandemic. My organisation or industry is yet to pick up as it were.
Technology, Global issue, Instability, environmental, Political and social changes and so on are factors organizations don’t play with because they have the power to turn project/organization in the right direction or not.
One of my experience was when I started working with Insurance company over a decade ago, Third Party INSURANCE, then we practically beg people to buy it but all of a sudden government came and made it a must for all vehicle owners and police were impounding people’s car for not having this increase the sales of Third party in Insurance in the industry drastically and it really helped the industry.
Technology, Competition, Social & Political changes and Environmental problems have affected so many projects and organization in many ways which I shall list few below;
1. AI have been introduced to assist the society but most people use it for selfish gain whereby reducing the amount of workers needed for a project just to be able to squander money and other resources.
2. Reduction in efficiency of projects due to environmental problems
3. Change in power of government terminates or reduces the ability to accomplish an existing project.
4. High rate of competition in the society leads to reduction in quality of project due to quick time of execution of projects to be accomplished.
These few points shows that; Technology, Competition, Social & Political changes and Environmental problems have one or two defects on projects and an organization as a whole…
Technology. Social & Political changes as well as Environmental problems affect the entirety of the company structure as well as the overall service delivery.
With the advent of AI, for instance, the world is tilting towards a more enhanced technological approach with less reliance on human methodologies or input.
With social and political changes, new policies can cause economic upheavals which may overturn businesses with restrictions or unforeseen complications that can limit or enhance a company’s performance within particular regions.
Environmental problems like Covid for instance caused a global reset and a new approach to work culture and service delivery, limiting a few businesses, and creating new opportunities for new product/service entrants, which may only have been possible for a long while.
Thinking about Complexity
Currently thinking about global issues such as technology – we are entering into the AI space which I forsee will bring alot of disruptions in the technology space. This will affect my organization because it is a tech company and am sure the organization will look into ways of implementing AI for the benefits that come with it.
Of course, global issues affect the organization’s projects.
Both in the aspects of the economy and technology.
Having to deal with the high-rises in products and materials.
Environmental and socio-political issues are crumbling a lot of organization’s projects.
Considering these major global issues like technology which has brought positive impact on project making communications and work be don’t effectively and timely.
competition, social and political changes, and environmental problems has a negative impact on projects. More competitors are rising every day, the political and environmental problems in our country has brought about high cost of tools and some political laws which are detrimental to the project.
The global issues affect our organisation greatly. It can either affect it positively, in the sense that it brings improvement or growth in terms of improvement in the technology, meeting up with the current needs of the society, creating strategies that will help the organisation be above their competitors and also bring about adaptability. But in a case where the organisation lacks in the aspects, global issues tends to affect them negatively.
Global issues would have melt down a lot of projects but, all thanks to the ever evolving technology that has really resolved the issues making work so easy and achievable
These big global issues affect our organization and projects in various ways. Advancements in technology can either improve our work or make our current methods outdated. Competition, especially with globalization, means we need to constantly check how we compare to others and find ways to stand out. Social and political changes, like new laws or shifts in what people want, can influence how we do business. Environmental problems, such as climate change, can disrupt our supply chain and affect our reputation. By keeping an eye on these issues and adapting when needed, we can tackle challenges and find new opportunities for growth in our ever-changing world.
Thinking about the issue at hand I would say that technology has done a lot of improvements in the aspect of making work easier and more engaging and also bought about competition, social, political changes and environmental problems. It has helped organization to be able to adapt to structure or level of the organization in the global market now.
With the world rapidly evolving and recessions and depressions gradually setting in, in most countries, for projects to be effectively executed, for example, in the Institution I work for, one must adapt adequately to changes, be able to manage resources, communicate effectively, be as honest and transparent as possible so as to ensure that projects are carried out and tasks are effectively executed. Feedbacks as well as teamwork are also key as well.
New technologies can revolutionize operations, streamline processes, and enhance productivity. Embracing innovative tech solutions can give organization a competitive edge and improve project efficiency. Conversely, failing to adapt to technological changes may result in inefficiencies or missed opportunities. changes in societal norms, preferences, and behaviors can influence consumer demands and market dynamics. Understanding and aligning with social trends can help organization anticipate customer needs and tailor projects accordingly. For instance, shifting demographics or evolving consumer preferences may require adjustments in product offerings or marketing strategies.
Technology has made work so easy , we no longer have to wait for days to get our job done, technology has made things easier and cost effective, as a project manager, technology is one of the things that makes our work so easier, we have readily available tools , easy to navigate through
New technologies can disrupt entire industries and create new opportunities. Projects may need to adapt quickly to stay relevant, requiring flexibility and a focus on innovation. Competition can intensify as companies from different countries compete for market share. Projects may need to be more cost-effective and efficient to remain competitive. Additionally, global teams working on projects might face challenges with communication and cultural differences. Political instability or social unrest can disrupt supply chains, transportation, and access to resources. Environmental regulations and resource scarcity can affect project costs and timelines. Projects may need to be designed with sustainability in mind, using resources efficiently and minimizing environmental impact.
All these brought me to this question,
How has new technology impacted the way my organization operates, and what project opportunities or challenges has this created?
Has my organization faced any disruptions due to social or political issues?
Thinking about complexity involves recognizing that systems, situations, and problems often consist of interconnected and interdependent elements that influence one another in non-linear ways. This perspective requires considering the multifaceted nature of challenges, acknowledging that simple solutions may not always address the underlying issues. Complex thinking involves analyzing relationships and feedback loops between different components, as well as understanding how changes in one part of the system can have cascading effects elsewhere. It requires an open-minded approach, a willingness to embrace uncertainty, and the ability to adapt strategies as new information emerges. By appreciating the nuances of complexity, individuals and organizations can develop more holistic and effective solutions that account for the diverse factors at play.
For my organization, new technology can shake up how things are done. Using tools like data analytics and AI can make work smoother and more innovative. In my projects, technology helps teams work better together and make smarter choices based on data. It saves time and money while improving the final results.
With more players on the global stage, my organization needs to stand out. Being creative, delivering quality work, and keeping customers happy are key. In projects, I’ll need to be fast, efficient, and offer top-notch results to stay ahead in my industry.
Changes in society and politics can impact how my organization operates. Keeping an eye on what people want, cultural shifts, and new rules is crucial. Projects may need adjustments to meet regulations, satisfy diverse stakeholders, and navigate potential risks in different regions.
Being eco-friendly is not just a trend—it’s a must. My organization must find ways to reduce waste, use cleaner energy, and protect the environment. Projects need to follow green guidelines, use sustainable resources, and consider environmental impacts from start to finish.
By tackling these challenges head-on, my organization can build a stronger reputation, keep clients satisfied, and contribute positively to the world around us. It’s important to stay informed, being adaptable, and making responsible choices every step of the way.
In my field as a lawyer, technological, social and political changes have affected my area of specialization. With social and political changes, it brings about the formation of new laws that are adopted to govern the society. With the increasing development of new technology, it makes jobs for us as lawyers much easier. Instead of going though tiring processes of physically filing documents or going through several pages of paperwork, technology has made it easier as we can just input them digitally and easily search them up when we need the documents.
The integration of these practices have catalyzed a paradigm shift in our farming organization, empowering us to navigate the complexities of the agricultural landscape with agility, resilience, and innovation. By embracing strategic planning, resource optimization, risk management, and technology integration, we have not only enhanced productivity and efficiency but also fostered sustainable growth and stakeholder satisfaction. As we continue to harness the transformative power of project management, we remain committed to driving excellence, innovation, and sustainability in the agricultural sector.
The impact of technology advancements, competition, social and political changes, and the environmental crisis on our farm organization can be profound and multifaceted. Here’s a breakdown of each factor:
Technology Advancements:
Positive Impact: Adoption of innovative technologies such as precision agriculture, drones, IoT sensors, and data analytics can enhance productivity, optimize resource utilization, and improve decision-making processes.
Negative Impact: High initial investment costs, technological complexity, and the need for skilled personnel may pose challenges to widespread adoption. Additionally, dependence on technology can create vulnerabilities to cyber threats and disruptions.
Competition:
Positive Impact: Competition can drive innovation, efficiency, and quality improvement within your organization. It can also encourage market differentiation and diversification of product offerings to meet evolving consumer preferences.
Negative Impact: Intense competition may exert downward pressure on prices, squeezing profit margins. Additionally, competing with large-scale industrial farms or multinational corporations may pose challenges for smaller, independent operations.
Social and Political Changes:
Positive Impact: Changes in consumer preferences towards organic, locally sourced, or sustainably produced agricultural products can create new market opportunities for your organization. Favorable government policies, subsidies, or incentives for sustainable farming practices can also provide support.
Negative Impact: Shifts in regulatory frameworks, trade policies, or labor regulations may introduce compliance burdens or operational constraints. Social movements advocating for animal welfare, environmental conservation, or fair labor practices may require adjustments in farming practices or supply chain management.
Environmental Crisis:
Positive Impact: Heightened awareness of environmental issues such as climate change, water scarcity, and soil degradation can incentivize the adoption of sustainable farming practices within your organization. Implementing measures to reduce carbon footprint, conserve water resources, and enhance biodiversity can contribute to long-term resilience and sustainability.
Negative Impact: Extreme weather events, such as droughts, floods, or wildfires, can disrupt agricultural operations, leading to crop failures, livestock losses, and infrastructure damage. Soil erosion, pollution, and depletion of natural resources may degrade land productivity and compromise long-term viability.
Overall, your farm organization must proactively adapt to these external factors by embracing innovation, diversifying revenue streams, fostering stakeholder engagement, and integrating sustainability into core business practices. By leveraging technology, capitalizing on market opportunities, and mitigating risks, you can navigate through challenges and position your organization for long-term success in a rapidly evolving agricultural landscape.
In my sector as a Realtor, global technology has a huge impact in the field.
As everyone wants to get things done on time with technology. No more waiting for a long period of time before things get completed.
The rapid pace of technological advancements has transformed the way Realtors conduct business, from virtual property tours and online listings to AI-powered lead generation and personalized marketing. Embracing technology can enhance efficiency, expand reach, and improve customer engagement, but it also raises concerns about data privacy, cybersecurity, and the need for ongoing training to stay ahead in a competitive market. Moreover, technology has changed the way clients interact with Realtors, expecting instant responses, digital documentation, and seamless transactions. To thrive, Realtors must adapt and leverage technology to streamline processes, build strong online presence, and deliver exceptional customer experiences.
To me technology have a really huge impact in all our life which brought about competition,social and political changes and even environmental crisis and so on like that, so it has it advantage and disadvantage at the same time but we intend to only looks at the advantages alone which isn’t right, we are suppose to looks at both sides.
Global issues have significantly affect the construction industry greatly. Today, people want projects to be delivered at a very low cost. There is thinking in the direction of affordability, no risk or minimal risk on the side of the client, functionality, deployment of technology, etc. There is a method of project delivery in the present time, Lean Project delivery. Also, we have Integrated Project Delivery (IPD) method. All these came up because of the complexities that have risen up in the present time
Global issues significantly impact health services organization and their projects in various ways:
Technology: rapidly evolving digital healthcare technologies such as artificial intelligence, electronic health records require health organizations to adapt and invest in new IT infrastructure and training
Competition: healthcare organizations face increased competition driving the need for efficient patient- centered care and innovative IT solutions to enhance the patient experience.
Social and Political Change: shifts in healthcare policies, regulations and funding impact IT projects, it requires adaptability and compliance.
Environmental Crisis: Facing the pressure to reduce their carbon footprint leading to investments in sustainability IT solutions and green technologies.
All these global issues drive health services organization to embrace digital transformation, prioritize cybersecurity and data privacy, foster innovation and patient- centered care,ensure compliance with evolving regulations.
In my sector(Energy) Technology have make work for efficient and effective, prompt response to customer complaint. Political decisions and guidelines from regulator also pose a challenge in the running of the business i.e adjusting to new policies.
Thinking about the issue at hand I would say that technology has done a lot of improvements in the aspect of making work easier and more engaging and also bought about competition, social, political changes and environmental problems. It has helped organization to be able to adapt to structure or level of the organization in the global market now.
Technology has done a great deal in my sector(hospitality). In the olden days, if you wish to lodge, you ask people to refer you to a beautiful and nice hotel, but with the emerge of technology, one can search online to get a beautiful, neat and comfortable hotel that is very close and one can delve into the experience one or two people have got from the use of the hotel.
With this, one does not have to be going to the hotel before one can know every details that needs to be known from the comfort of ones house.
Also, technology has made it easier for us to spread the good news of the hotel to reach people who are not even in the local surrounding of the hotel which is helping to safe cost and to reach more audience.
Considering the educational sector, where I work. Changes in technology have become a thing to stay on, because it has brought in positive response and the affect the totality of the school,because of it’s impacts on students and mode of learning, these are enhance with electronic learning, and other software education materials, which I say has been very interesting and impactful . Social and political upheaval also, contribute to the social, economic, rules and policies from the societal bodies governing the body of the school.which inferable affect the school as a whole. All these have a great impact on the educational sector.
Technology doesn’t affect my organization in the sense that technology is always involving and we always have to meet up with recent technology in our line of business. Thankfully my organization is always at the fore front of technology innovation and we adapt to it quickly. Bringing employees up to speed on the new changes and working with it, keeping us in front of the customers at all times giving them new innovations and ideas that would benefit them and us as well.
1. Technology: In the education sector, technology impacts how we teach and learn. It introduces new tools like online learning platforms and smart classrooms, changing traditional methods. Automation streamlines administrative tasks, making processes more efficient.
2. Competition: With the rise of online courses and educational apps, the education market is becoming more competitive. Projects need to differentiate themselves to attract students and funding. Automation helps in creating personalized learning experiences and managing resources effectively.
3. Social and Political Changes: Shifts in societal attitudes and government policies affect education. For example, changes in funding or curriculum standards impact project planning and implementation. Automation can help adapt to these changes by quickly adjusting course materials or administrative processes.
4. Environmental Problems: Environmental concerns influence how we design educational infrastructure and conduct operations. Projects may need to incorporate sustainable practices and technologies. Automation can optimize energy usage in buildings, reduce paper consumption through digital processes, and promote eco-friendly transportation options for students and staff.
In summary, technology and automation are key drivers of change in the education sector, impacting competition, societal and political dynamics, and environmental sustainability. Projects must adapt to these influences to remain relevant and effective.
The thoughts on growing innovations in technology and how it evolves around my project keeps me wandering if the team can keep up at such managing such complexity is an ich to me.
When considering big global issues such as technology advancements, competition, social and political changes, and the environmental crisis, it is important to assess their impact on your organization and projects. Here are a few ways these factors can affect you:
1. Technology: Technological advancements can present both opportunities and challenges. Embracing new technologies can enhance your organization’s efficiency, productivity, and innovation. However, it may also require adapting to rapidly changing landscapes, upgrading infrastructure, and investing in skill development to remain competitive.
2. Competition: Global competition can drive innovation and improvement within your organization. It is crucial to stay updated with market trends, analyze competitor strategies, and continuously enhance your products or services to maintain a competitive edge. Identifying unique value propositions and differentiating your offerings become vital.
3. Social and Political Change: Social and political changes can have direct and indirect effects on your organization. Policies, regulations, or shifts in public sentiment may influence your operations, supply chains, and branding strategies. It is essential to navigate these changes while maintaining transparency, ethical practices, and aligning your organization’s values with societal expectations.
4. Environmental Crisis: The environmental crisis demands greater attention to sustainability and responsible practices. Organizations need to assess their ecological footprint and reduce negative environmental impacts. By adopting green initiatives, promoting eco-friendly solutions, and embracing renewable resources, you can contribute to planetary well-being while gaining positive brand reputation.
Overall, by proactively addressing these global issues, your organization can adapt, innovate, and create a positive impact while ensuring the long-term success and sustainability of your projects.[DONE]
Thinking about the issue at hand I would say that technology has done a lot of improvements in the aspect of making work easier and more engaging and also bought about competition, social and political changes and environmental problems and it has helped organization to be able to adapt to structure or level of the organization
Knowledge gap and experience is a major feedback in one of the projects I managed. We have to bring in a trainer to train and mentor my team members.
In healthcare technology and competition are some of the challenges been faced but to thrive in healthcare organizations project management is one of the key solution.
Communication and time management
Has been effective in meeting organisational goals in my work place over the years.
I Have Led teams to execute high level projects to boost growth of the company
So my first project management experience would be managing a volunteer team from different universities from across Nigeria, I had no idea what to do so I winged it. After a while I realized a structure was needed and started putting one in place, it wasn’t easy and it’s still not fully functional. I keep experimenting because I had to recruit more people and everyone seems to have different work behaviours. There has been growth I won’t deny that but also a lot of heartbreaks and challenges.
Currently, I’m managing the creation of our organizational website and since it’s volunteer work the progress is quite slow.
So the main challenge is getting everyone to work efficiently without much supervision.
Change is an inevitable aspect of life. Staying abreast of information keeps an organization relevant.
In healthcare, competition, technology, political inclination, environmental crisis among others have their impact on our projects. Then the advent of A.I which has the tendency to run diverse roles in healthcare services obsolete.
Competition with the human resources has been a tradition for organizations but with computer softwares and applications has another level to it.
In order to show our clients and stakeholders that our values and ethics such as sustainability, flexibility and trust among others are still in place, we will include door delivery, App/ Group one can consult with the doctor, a mobile nurse and so on to improve our services and expand our clientele.
Political inclination can be very tricky but systems can be put in place that does not demean the ethics of the organization as well as the profession.
We will add paid volunteering to our rules, during environmental crisis; a certain part of the workforce are deployed to help during such occurrence.
In the organization where I work we face challenges on dynamics in global of global issue. However, it is required for individuals
in an organizations to be agile, forward-thinking, and socially responsible. To thrive in todays complex environment, project should be adaptable to landscapes, responsive to stakeholder needs, and committed to sustainable practices.
Technology is constantly changing our world and is unquestionably important to the success of projects in the IT industry where we work. In order to be competitive and current in this field, one must be flexible and prepared to make an impression with ground-breaking inventions. One must adjust new project execution tactics in light of social and political shifts that affect consumer behavior, the regulatory environment, and market dynamics.
Thinking about those big global issues, such as technology, competition, social and political change, and the environmental crisis, ask yourself how do these affect my organisation and my projects?
The emergence and continuous development of technology has helped my organisation grow organically and created more competitiveness in the marketplace projecting the organisation in the social limelight. Although the global issue on cybersecurity is a threat to the finanacial institution.
Technology has played a significant role in changing how projects are initiated, managed and delivered. Technology has enabled remote management of multiple projects in different locations. It should be however noted that some of these technological advancements could be disruptive. Its therefore necessary that the modern day project manager is equipped with the necessary knowledge to enable him navigate the complexities associated with current project management trends.
I have learned to work under any condition especially to manage stress at work. As a project manager I have worked in harsh political society and despite the global economic issues. The political l, technological transition as all of these evolves we as a project facilitator and management we must be evolving too. This is called advancement.
In the organization where I work we face challenges on dynamics in global of global issue. However, it is required for individuals
in an organizations to be agile, forward-thinking, and socially responsible. To thrive in todays complex environment, project should be adaptable to landscapes, responsive to stakeholder needs, and committed to sustainable practices.
New Technology has a good effect and a bad one on how project management works. The political and social upheavals in the world are another thing that can not be underrated because of how often it affects certain projects from coming to it’s final stages
I had reflection of issues had in the past while working this module has broaden my knowledge on better decision making and conflict management.
in my place of work, I have now understood how to resolve complex issues surrounding the work environment.
Many things in our world today is facilitated by political power. They use their political positions to influence many things thereby not giving room for the brilliant ones to have a head way and also make decisions
The technology industry’s rapid evolution has been a boon for my organization, creating exciting new opportunities and fueling my own personal skill development.
In a transient world like the fashion industry, flowing with the tide of change is key. Adaptability to the trends keeps us at an upbeat. Nonetheless our values as a house is the anchor on which we stand
The organization where I work has been greatly impacted by current trends and information & communication technology which has placed PM and management on their toes to remain relevant.
Nevertheless, Project managers are still very much needed. Being able to combine all the factors of production as well as available resources (finances, technology, etc.) in a manner that organizes the project into a well-structured plan of execution and also to see the maximizing of these resources to meet the desired project goal of the client remains the duty of the Project Manager.
Looking at the organization where I work in an internet business consulting service company, technology, competition, and global change can significantly impact our business by influencing market dynamics, client needs, and the competitive landscape. To thrive in this dynamic environment, consulting firms just like mine must remain adaptable, innovative, and customer-focused, continuously evolving our services and capabilities to meet the evolving demands of the digital economy.
Technology is constantly changing our world and is unquestionably important to the success of projects in the IT industry where we work. In order to be competitive and current in this field, one must be flexible and prepared to make an impression with ground-breaking inventions. One must adjust new project execution tactics in light of social and political shifts that affect consumer behaviour, the regulatory environment, and market dynamics.
In my Organization, technology, completion, political changes and environmental problem, can greatly have an impact on the organization and the project at large..
Firstly, in the case of technology, the world is growing at a very rapid rate, so technology is overing the world, when an organization can not meet up with the technological changes,it will greatly affect it .
‘Thinking About Complexity’
This deals with focusing on how to mange projects in a complicated world.
From my own view, the volatility, uncertainty, complexity and ambiguous (VUCA) framework are the tools that helps to build an awareness of the organization’s situation and hellps develop suitable responses to the challenges that are faced in external or macro environment.
This concept was created and used by the US military in the 1980s in the context of volatile, uncertain, complex and ambiguous.
Volatility: this shows how unstable chang could be, an unexpected and frequent variation above the reference level.
Uncertainty: this shows lack of knowledge of the decision, ramifications and how they are unfold.
Complexity: this also shows the challenge of making sense in a situation that involves interconnected parts, processes and players. This could also be a result as a change in commodity. In a complex world, not all situation encountered in project work are complex.
Ambiguous: this may result as a lack of understanding of ’cause and effect’ which happens where there is no prediction.
All organizations and their projects are affected by any of the four VUCA challenges which can directly or indirectly affects project success.
Researches were carried out by the Association of Project Managers in the UK where conditions were identified for a successful project work.
*securing fund
*capable sponsors
*aligned supply chain
*supportive organizations
*goals and objectives
*end-users and operators
*commitment to project success
All this conditions are applicable to combat many challenges for a successful project work.
Some global issues and their impact on my organization and projects I am involved in:
Technology: Technological advancements have become a driving force behind organizational transformation. Businesses that fail to adapt may find themselves left behind by their more innovative competitors. Embracing new technologies can lead to competitive advantages and innovation.
Social changes: Social changes and evolving consumer preferences can significantly impact my organization, affecting their brand image, market positioning, and long-term viability.
Political Changes: Political decisions, including policy changes, trade regulations, and government incentives, have a direct impact on my organization’ operations and growth prospects. For example, a shift in trade policies can disrupt global supply chains and affect international business.
Global issues like technology, competition, political changes and environmental issues impact my organisation and the way we manage our facilities:
Technological changes and advancements occur very fast and very often and embracing them helps to improve our efficiency. For example, advancements in Building Management System(BMS) , Internet of things(IoTs), etc makes facility management(FM) much easier. However, there is also an increase in cyber security threats like hacking which we have to tackle.
Increase in competition in the facility management industry means we have to be more efficient and professional in our approaches to maintain our competitive edge.
Government laws and policies affects our FM strategies and approaches for different facilities so we have to keep abreast with laws and regulations to avoid sanctions. Political tensions can also lead to disruption in activities.
Environmental issues has lead to an increased awareness of sustainable facilities and facilities management to handle environmental issues like pollution, waste management, water resources usage and management, etc.
Let’s break down each of these global issues and their potential impacts on my organization and its projects:
Technology: Rapid advancements in technology can both enhance and disrupt my organization and its projects. Embracing new technologies can improve efficiency, productivity, and innovation. However, failure to adapt to technological changes may result in falling behind competitors or missing out on opportunities. Additionally, issues such as cybersecurity threats or ethical considerations surrounding emerging technologies may require careful navigation.
Competition: Intensifying competition, both locally and globally, can impact my organization’s market share, pricing strategies, and customer base. Understanding your competitors’ strengths and weaknesses is crucial for maintaining a competitive edge. Moreover, disruptive competitors or new market entrants can challenge your organization’s position, requiring continuous adaptation and innovation.
Social and Political Change: Shifts in societal attitudes, cultural norms, and political landscapes can influence consumer preferences, regulatory environments, and stakeholder expectations. Social movements and government policies related to issues such as diversity, equity, and sustainability may necessitate adjustments in your organization’s practices and strategies. Moreover, geopolitical tensions or changes in trade policies can affect supply chains and market dynamics.
Environmental Crisis: The environmental crisis, including climate change, resource depletion, and biodiversity loss, poses significant risks and opportunities for my organization. Increasing awareness and regulations related to environmental sustainability may require you to adopt eco-friendly practices, reduce carbon emissions, and incorporate sustainability into your products or services. Moreover, environmental disruptions, such as natural disasters or supply chain disruptions, can impact your operations and profitability.
Considering these global issues, it’s essential for my organization to conduct regular assessments, anticipate potential risks and opportunities, and adapt your strategies accordingly. Collaboration with stakeholders, continuous monitoring of external trends, and fostering a culture of innovation and agility can help mitigate risks and capitalize on emerging opportunities in an ever-changing global landscape.
In our evolving world, technology continues to reshape our landscape and undeniably contributes to project success in the tech space where work. To remain relevant and competitive in this space, one has to be adaptive and ready to stand out through mind-blowing innovations. With the impact of social and political changes to the market dynamics, regulatory framework and consumer behaviour, one has to adapt new strategies to executing projects.
Technology has broaden peoples mindset about deliverables in a project. Fir instance, the construction industry has experienced a tremendous shift from the usual contemporary design and construction. This drive cannot be treated in isolation with the natural resources to make them serve better.
Globalisation has also created a greater mobilization of practices, culture, project designs, implementation techniques.
This has created an enormous complexity in the way of doing things.
I work at Project SustyEd, a firm focused on Education for Sustainable Development and because we educate organizations and communities, schools and governments on the global environmental, economic and social challenges we face, the complex global issues have direct significant implications for our projects.
Technology:
Advancements in technology present both opportunities and challenges for sustainability education firms. On one hand, technology enables innovative teaching methods, such as online courses, virtual reality simulations, and interactive learning platforms, which can enhance the accessibility and effectiveness of sustainability education. On the other hand, rapid technological changes may require continuous updates to educational materials and methodologies to remain relevant. Additionally, technology-driven industries may create new sustainability challenges that require novel educational approaches to address.
Competition:
Increased competition in the education sector may compel us to differentiate ourselves through unique offerings, such as specialized curriculum, partnerships with industry leaders, or experiential learning opportunities while driving innovation and collaboration within the sector, leading to the development of more effective teaching methods and curriculum content.
Social and political change:
Shifts in societal values and priorities towards sustainability can create opportunities for us to expand our reach and influence. For example, growing public awareness of climate change has increased demand for education on sustainable practices. Also, political changes, such as the implementation of new environmental regulations or policies, also influence the focus and content of sustainability education programs.
Environmental crisis:
The environmental crisis serves as both a motivation and a challenge for us because the increased awareness of environmental issues is leading to increased demand for education on topics such as renewable energy, conservation, and sustainable development which earns us more projects and clients. However, the urgency of addressing environmental challenges also puts pressure on us to deliver impactful solutions quickly. This may require adapting curriculum content to reflect the most pressing environmental issues and incorporating practical solutions into educational programs.
These global issues significantly impact my organization and projects. The healthcare organizations need to keep up with new tech, stand out in a crowded market, adapt to society’s changes, and deal with more patients when environmental problems affect health. In terms of
– Technology: New tools like video appointments and digital records make healthcare easier and faster.
– Competition: Hospitals and clinics compete to offer the best care, like businesses competing for customers.
– Social and Political Changes: Changes in society and laws affect how healthcare works, like more older people needing care or new rules about insurance.
– Environmental Problems: Pollution and other environmental issues can make people sick, so healthcare has to deal with more patients with certain illnesses.
The strategies that well suit my situation as suggested by the project managers are
– constant communication with all lines of control planning.
– communication in advance and tailoring my communication to suit the person sitting right in front of me
– giving reports constantly
– making sure everyone is working on the same schedule.
– Not being afraid to being bring up bad news but make sure to analyze my options and bring positive solutions but never bring up bad news as the first agenda of the meeting.
Technology has a huge impact on projects and generally on the organization in terms of productivity, growth innovation and overall success of any project. My organization has been able to adopt Technology to enhance quality of outcomes by ensuring that project team members are exposed to helpful knowledge in technology that would make them more productive also by being open to innovative ideas .
In the aspect of social and political changes and environmental problems and its impacts on projects, We are not unaware that changes are inevitable and problems may occur in the process of working on a project. The impact of these changes and problems can be quite challenging sometimes as it can affect plans , budget, execution of projects, etc but the fact that my organization is aware that these are bound to happen from time to time , applying some flexibility while still focused on the goal of the organization helps. This makes us think solution and find ways to navigate through challenges .
Global challenges such as economic downturns, supply chain disruptions, remote work requirements, regulatory changes, market instability, and cross-cultural collaboration can significantly impact project managers by affecting resource availability, project timelines, budgets, stakeholder priorities, communication strategies, and teamwork dynamics.
These global issues significantly impact my organization and projects. Technology shapes how work is done, competition necessitates innovation and differentiation, social and political changes influence consumer behavior and regulatory environments, and the environmental crisis requires sustainable practices and adaptation to changing landscapes. Staying attuned to these factors is essential for navigating challenges and seizing opportunities in today’s dynamic business environment.
The world is tilting towards technology based activities amidst lots of competitions to upgrade and stay seasoned. My organization prides itself in technological advancement and it’s thriving better than surrounding competitors.
Being upto date with latest technological advancements is key in my organization and should be for others as well. You need to always monitor and consider the changes in technology and processes and always strive to adapt to changes that enhances your processes.
Such may lead to Software upgrades, incorporating AI in technology e.t.c.
Competition is good because it brings out the best in my organization. Without competition, my organization would have remain stagnant and complacent, but knowing that we are in a competitive market, it makes us to work harder and be the best at what we do.
Also technology has helped drastically to implement some of our policies and to increase our efficiency and productivity
I am Odunyemi Ayooluwa David
Change is the only constant thing in life ,and as project managers we need to adapt,grow and evolve with the current and recent happenings in the world in terms of technology ,innovation and what have you for effectiveness.
These global issues significantly impact my organization and projects. Technology shapes how work is done, competition necessitates innovation and differentiation, social and political changes influence consumer behavior and regulatory environments, and the environmental crisis requires sustainable practices and adaptation to changing landscapes. Staying attuned to these factors is essential for navigating challenges and seizing opportunities in today’s dynamic business environment.
Change is one constant thing and it is inevitable in life, organizations and our environments and we must adapt to theses changes as they come. As a prospective project manager, I consider that global topics such as technology advancements, competition, social & political changes, and environmental crises has the potential to greatly affect organizations and projects. The preferences of consumers can be impacted by social shifts, and environmental crises can threaten operations. Adaptation may be necessary to stay competitive during technological shifts, and political changes can have an impact on regulatory movements. Organizations must manage these dynamics to thrive and ensure that projects are aligned with the changing global landscape.
Change is certainly a constant thing in life and we all must adapt to them or change with them for free flow of business and organization, for instance, I used to use excel sheets to track and give instructions until I was introduced to teamgant although I am not that very good at it yet but it’s making it easier for me to track my teams efforts. As a PM I believe we must be ready to learn everyday and change to new technology for easier project follow up.
As we grow the world changes, gone at those days when the architect uses sketching as a tool, now it’s been done on the computer system using design and making life easy. As a project manager we need to try develop our skills not only in communication, team management and more but also in the tech world. For example using teamgantt will go a long way and make life faster and easier as a project manager, lact of adapting to the tech world makes the time frame for the project extended.
In our rapidly evolving world, technology continues to reshape our landscape and undeniably contributes to project success in the tech space where I work. To remain relevant and competitive in this space, one has to be adaptive and ready to stand out through mind-blowing innovations. With the impact of social and political changes to the market dynamics, regulatory framework and consumer behaviour, one has to adapt new strategies to executing projects . Also it becomes vital to put into consideration sustainable product designs and operations given the environmental crisis, By so doing, I believe one is able to mitigate risks, seize opportunities, and make meaningful contributions.
Change is inevitable in life and in organization as well. As the world is evolving, the invent of technology has impacted lives and organizations both positively and negatively depending on how you use these technologies.
Technology has impacted me as an individual positively, as I’m being exposed to online learning, attending online conferences and seminars in different field and lot more. For my organization, technology has impacted the teaching and learning process, these learning content are online for learners to access them, study the learning content and give feedback which will be evaluated by the teacher/facilitator.
As the world is transforming into the digital world, we should embrace these digital skills to be efficient and effective in our organization.
Change is inevitable and as such, the business world would always have to devise a means to adapt to changes, bearing in mind that it could have a positive or negative effect. Technological advancement for example as seen project managers work via Teams and google meet and not necessarily face to face as it used to be at a time.
Competition can imply that project managers and organisations have to devise means to improve on quality of service and product delivery to gain an advantage and remain relevant.
Social and political factors can have an influence by determining how projects responds to new trends, regulations and governmental legislations that affect them.
Technology has made work easy and seamless but some of our older colleagues in my place of work find it difficult to work with digital project management tools which slow the speed of implementation.However, embracing new technologies can boost efficiency, but non adapting can lead to lag behind especially in a very competitive market. Which
In our world today where there’s rapid changes in technology and other things, as a project manager it can either affect you negatively or positively while trying to achieve a project.
For example, innovations in technology like TeamGantt, has helped Project managers to effectively plan their project thereby using the hybrid method to achieve his plans in a better way rather than using the agile method.
Negatively innovative technologies also affects the project of a project manager as his plan work can be exposed to cyber theft.
New technologies can create opportunities for innovation in an organization’s products or services. For example, advancements in artificial intelligence could revolutionize the way an organization operates or the type of products it offers.
However, as technology advances, so do cyber threats. Your organization might need to implement stricter security measures to protect sensitive data and ensure project continuity.
Technological advancements like BIM and drones, coupled with fierce competition, drive organizations to innovate and streamline operations. Social and political shifts, from demographic changes to regulatory reforms, influence project requirements and timelines.
By embracing innovation, ensuring compliance, and prioritizing sustainability, construction organizations can navigate complexities and thrive in an evolving global landscape, delivering projects that meet the needs of today while safeguarding the future.
Technology has made work seamless but some of the old staff in my organization find it difficult to work with digital project management tools which slow the speed of implementation.
Change is the only constant thing in life. With new innovations and inventions on technology, every organization is expected to align and adapt to the current trends in technological advancement and see how to harness it positively to get a desired outcomes.
However, embracing new technologies can boost efficiency, but not adapting can lead to falling behind especially in a very competitive market.
Well as a project staff in an organization I say technology has done us real good in making the work easier. In different aspect either in communication, advocacy and stakeholders engagement it has foster user friendly and help in boosting relationship.
The impact of global issues on my organization and projects.well I would say Advancements in technology can enhance or disrupt your projects. Embracing new tech can boost efficiency, but not adapting can lead to falling behind.
Plus, global competition can spur innovation but also pose challenges to market share. Understanding competitors’ strategies is key to staying ahead.
I understand that the changes in society and politics can influence consumer preferences and regulations. Flexibility and awareness are crucial for adaptation.Reflecting on these factors helps anticipate challenges and opportunities, guiding strategic decisions and project planning. Sharing experiences with others fosters collaborative problem-solving.
Change is always a constant thing. With the advent and changes in technological advancement, every organization should be able to align and adapt to the current trends in technology and see how they can harness it positively to get their desired results.
Change is the only constant phenomenon that happens in our today world. With Advent of Media, Ai, Google and the likes making information readily available at the palms of people has mandated the organisation to be up and doing to keep up with ethical standards. A clear example can be seen in the health industries where people are increasingly knowledgeable about their health conditions, sign and symptoms treatment course and others makes it compulsory that the health care provider have to be up to date in ensuring appropriate management course instiuted.
Secondly with knowledge of bills of right and litigation, the client definitely will be more expectant toward his or her services put more on the provider trying to keep a clear course.
However these change isn’t just bad but also have positive sides like in the aspect telemedicine, medical robots, e-records etc it reduces burnouts, high number of clients for the health provider to see daily and reduces the risk of spreading communicable disease like was seen in the COVID 19 periods.
Change is something that is constant, so every organization should expect change. If there is change or any advancement in technology and global economy, organizations should not be rigid not to adapt to this changes to meet demand and standards.
Rapid advancements in technology has influenced the capabilities and direction of organization’s research and development efforts. Staying at the forefront of technological innovation is crucial for maintaining competitiveness and relevance in the field. Societal attitudes and political change or landscape shape the regulatory environment in which we operate. Environmental crisis as well as climate change has a way of influencing our decision making processes related to resource allocation, energy consumption, and operational practices within the organization.
Considering these factors, the organization must continually assess and adapt its strategies, projects, and operations to navigate the evolving landscape of technology, competition, social and political dynamics, and environmental challenges.
This may involve prioritizing research areas with high societal impact, and fostering collaborations to address complex global issues.
This world effect actually affect managing projects. In the case where there is change of government in a country politically this could affect the cost of a project leading to either shooting out of budget or below. For example if the country economy is affected it has effect on the project.
Secondly, climate change could affect the time frame of a particular project which is natural and uncontrollable.
Thirdly, competitors can actually make either the sponsors of projects to demand speed regardless of meeting standard or group of the managers alter standard to meet up time challenge.
True, Competition can also pose a huge demand on the PM because stake holders, management and sponsors will demand projects to be delivered to stay ahead of the competitors with or without increase in funding. This dilemma may tose the PM into compromise standards In order to meet the demands for increase quantity and supply while undermining quality.
But I think this is where ethical standards and code of conducts comes into play to keep the PM in check.
Secondly unstable government policies and political instabilities deeply interfere with projects and the PM’s performance. Just as we can observe the current inflation rates facing the nations with hikes of prices cut across almost all sectors organizations may want a PM to deliver projects regardless with limited findings or sticking to initial budgets. Well this is also where continuous communication with stake holders and good negotiation skills come into Play. And I I also want to say that pose the need for Contingency plans on the part of the PM.
Social and political change, has had a tremendous effect. Environmental change is also one of the many factors contributing to some organizational failures. Technology has been rather helpful to assist in making the everyday life easier and more productive.
Thinking about complexity – Discussion
My organization, being customer centered and an IT world, understand the important of technology and internet in this modern world which affect the way we run our business. The evolution of technology has challenged us as an organization in improving what we do and how we carry it out. Thus continuous improvement of learning in skills both technical and soft keeps us involved and important in the world we live in right now.
OLUDE ABRAHAM
Technology offers numerous benefits, but excessive hyperconnectivity can lead to stress and exhaustion. To maintain mental health, boundaries and mindfulness are crucial. The physical consequences of 24/7 connectivity include eye strain, hand or wrist pain, sleep deprivation, and overuse injuries. It’s essential to invest in long-term health, especially when spending time on screens for work, entertainment, and school.
Virtual spaces present risks, such as anonymity and sharing information quickly, leading to uncomfortable and dangerous situations. It’s crucial to give ourselves mindful space to process painful feelings. Common side effects include misinformation, bullying, and cyber-attacks, which can cause anxiety, depression, addiction, and mental health disorders. Social media has significantly impacted self-worth, success, and inclusion, which can impact our real world.
As a project manager, I believe global issues such as social and political change, environmental crises, technology and competition as affected us in a good and bad way. Technology has really help alot in an organization because it makes work to be done fast and accurate
Global issues such as technology, competition, social/political change and environmental crisis all impact organizations and the way projects are run. In my organisation, the following adaptations have been made
1) Technology: innovation and new ways of getting job done faster and efficiently using technology is encouraged
2) Competition: What is the competition doing? New service offerings and projects that will give us an edge over our competition is welcomed
3) Social/Political change: Is the social/political climate favourable for our business to thrive? Are these changes creating new business opportunities in line with our company objectives that we can take advantage of?
4) Environmental changes: alternative and safe source of power and energy is being introduced to reduce pollution.
As a project manager, I believe global issues such as social and political change, environmental crises, technology and competition as affected us in a good and bad way. Technology has really help alot in an organization because it makes work to be done faster and accurate
As a project manager, it’s essential to consider how big global issues such as technology, competition, social and political change, and the environmental crisis impact our organization and projects. I will just share only on technological factor in our organization and projects.
Rapid technological advancements has availed us of both opportunities and challenges for our organization and projects. Emerging technologies such as artificial intelligence, internet of things (IoT), and blockchain enable innovative solutions and efficiencies in project management, communication, and execution. However, staying abreast of technological trends and integrating new tools and methodologies into our projects has placed a demand of continuous learning and adaptation. Failure to leverage relevant technologies could result in inefficiencies, reduced competitiveness, or missed opportunities for innovation.
Global issues like technology, competition, social & political changes, environmental crises make world so volatile today. The development of Artificial Intelligence has transformed the way my team and I work today. It’s now important to adapt to these evolutions and the new challenges they impose, at the risk of being left behind.
Projects are been done faster these days with witty innovations. It has enhanced the speed and also expanding the scope of projects in many organisations. Therefore, project managers and project teams needs to adapt to an ever evolving world of science and technology.
Been enlightened and equipped by the latest technologies ruling the present world will help in carrying out your projects successfully, that means to also teach your teams or encourage them to go for trainings on how to handle the latest technological tools, this will put you up the task as a project manager
As a project manager many things affects the delivery of project.
managing stakeholders that enjoy the old ways of doing things especially when u are implementing a new process project in company,
Building and developing oneself will prepare and equip the individual in whatever situation and condition especially in challenging and complex situations/worlds
Embracing technology enables organizations to streamline processes, enhance efficiency, reduce costs, and reach a broader customer base.
Social changes Increased customer loyalty: Socially conscious businesses often attract loyal customers who support their mission.
Under political changes, government incentives and grants: Businesses can benefit from financial support for specific initiatives or projects.
Under economic changes, Innovation opportunities: Organizations may explore new ways to operate more efficiently and provide value during challenging economic times.
Raw material availability, supply chain reliability, labor supply, wages, worker expectations, government regulations and consumer demand are all influenced by global issues.
Businesses must contend with different political systems, economic systems and cultures in every market they enter.
The increased global flows of goods, services, and information have both positive and negative effects on organisations ,projects and people’s everyday lives.
Climate change is one of the major challenges of our time. From shifting weather patterns that threaten food production, to rising sea levels that increase the risk of catastrophic flooding, the impacts of climate change are global in scope and unprecedented in scale.
My own opinion about how external factors affect or influence organizations’ project is largely on the policy proclaimed by the government and other proposed changes from other influencers.
As a care coordinator, evolving with the changes in technology is very important. It is important to get task done timely and in the most easy way.
Formulate Strategies.
Adjust and adapt to the situation.
Strategic foresight and adaptability is required to Navigating these global issues such as technology, competition, social and political changes if you want to be proactive. There is need to be informed, integrate sustainability and embrace innovation into organizational projects, thereby, capitalize on opportunities, mitigate risks and drive long-term success in achievement of all your projects.
Its been awesome, i love the course, GOD bless ‘those’ behind it
As an entrepreneur technology has helped business and project grow and also increase, new apps and softwares has helped even working remotely wit your staff or vendore very easy whilst you do other things.
competition is on the high side because of technology if you’re not doing well you will not even be seen in the online world.
social changes has affected both positively and negatively
political changes has affected business alot and even projects because most policies affect the prices of materials and goods making it difficult for projects to be delivered within budget.
As a sales manager the technological advancement have really helped in sales but its challenges are enormous considering location, here in Nigeria some factors hinders it like some online shops are not really trust worthy and it makes some customers doubt everyone online
My organization, being customer centric, is one that is more affected by the effect of technology and competition on the way we do business. Globalization has taken competition to greater heights as our competitors could be our neighbors or another similar company in another country. This has challenged us to embrace disruptive innovation and has taught us to consistently look for cheaper and faster ways to deliver our services in a way that our customers would not only be satisfied. We work to ensure that they experience magic. Thus, continuous improvement is our mantra and it keeps us involved in a steady stream of upgrade projects.
My company as a global brand is involved in several Corporate Social Responsibility (CSR) projects. The major factors that affect my company is technology. Technology can both enhance and complicate our CSR efforts. On one hand, advancements in technology allows my company to innovate sustainable solutions, improve transparency, and engage with stakeholders and customers effectively. On the other hand, technology can exacerbate personal communication, and create ethical dilemmas (e.g., data privacy concerns). Concerning the use of technology in communication most companies need to continuously adapt their strategies to leverage on technology for positive impact while mitigating its negative consequences.
Technological advancements have become a driving force behind organizational transformation. Businesses that fail to adapt may find themselves left behind by their more innovative competitors. For instance, the rise of e-commerce platforms and online marketplaces has reshaped the retail industry, changing how consumers shop and leading to the emergence of digital-first businesses. Insights: Technological advancements can enable organizations to streamline operations, improve efficiency, and reach a broader customer base. Embracing new technologies can lead to competitive advantages and innovation. Like my company We’re working to bring all necessary technologies in place to aid our services and improve customers satisfaction.
Socially conscious businesses often attract loyal customers who support their mission.
Rapid changes in political landscapes can create unpredictability, hindering long-term planning. New regulations may require organizations to allocate resources and adapt their processes.
Most times theses factors will tend to have negative impact in an Organisation leading to;
Price inflation
Rigidity in business operations.
Technology,competition,social and political changes will always be a global issue. In my organization,changes in technology,competition and political changes have always played a key role in determining the success of organisational goal. This is because there are changes in policies, rules, regulations, strong competition from rival organization and innovation of new technology. As such, one needs to adapt to the changes, learn about the new technology as it comes, adhere to the policies , rules and regulations of government authorities in order to be successful.
Strategic thinking and continuous development of various techniques to adapt to an ever-changing world of finance has been key so as to remain relevant. In that light, as a project manager, we should be proactive and device various means sto beat off competition and as well remain revenant in the Field.
As a sales personnel so many global changes are taken into consideration such as technology, competition, social and political changes . They all play vital roles in the sales transaction and activity.
As a customer service rep in an estate agency and as an aspire project manager, competition is a serious issue when it comes to project management, you have to be creative and sensitive to things happening around you and ignoring every little idea you got or that flies around is high risk to the project, therefore, I always go back to the board to juxtaposed on how to become best at what I do and always strive to compete at all times, just to get a key that works for me on the project. ~Julius
I am currently looking for job, and in the part of the world where I live, the global economic crisis is affecting negatively the projects outlined by the government to better the lots of the citizens.
Working as a teacher in a secondary school, the economy of Nigeria has dealt with some parent to the extent that some of them can’t afford to pay their children’s fee anymore. So as a project manager you have to think on how to cut down some things that are high in cost but less important to the children in other for your organization to keep going and for the parents to be able to afford it too.
As a project manager, one must take pay closer attention to different changes in managing project in order to successfully complete a project.
Global challenges and technological progress have transformed the operational landscape of organizations in this present age and time.
As a Project Manager one needs to be ready to learn, unlearn and re-learn in other to handle complex situations. Always find ways to keep yourself updated and in trend, personal development should be a priority. In the hospitality industry, the competition is on the high side to deliver excellent service, one needs to be willing to research and implement new ideas.
Working in the manufacturing company, the instability of Nigeria currency has severely impacted on our product. Raw materials are on the high. Cost of production is high thereby causing a little or no profit left after product has been sold
In assessing the changes in a global world, it needs strategic foresight, commitment to continuously learn and adapt to new innovations thereby navigating uncertainties to thrive in the new birth of technology.
Global issues sush as fluctuations in the price of dollars have far-reaching implications for projects, requiring project managers to anticipate, adapt, and mitigate risks in a dynamic and interconnected world. By incorporating global perspectives, resilience, and sustainability principles into project management practices, projects can navigate uncertainties and capitalize on opportunities for long-term success.
The currency fluctuation in Nigeria has had a big impact on the construction sector because we have had to keep revaluing cost estimates almost on a daily basis which hasn’t been easy to communicate to the clients because some of these prices changes occurred more than once on some days. Technological changes have not moved as fast here as it is internationally so it’s been a challenge trying to convince Nigerian clients(who are used to the old methods/techniques) to adapt to the technological advancements that’s are being implemented elsewhere.
Constant communication with our clients is a very vital point for my organization.
As a company that deals with technological advancements/ IT, keeping up with technological changes requires continuous investment in research and development and this causes a serious strain to the company’s resources.
My company is one of the top financial industries in the country (FUGAZ) and it has been in existence for a long while However, we still struggle with our IT/ APPLICATIONS. The company is also looking to heavily invest in that sector but the current instability is making us loose our customers and also proving to the world that we are behind in IT.
This in turn affects a lots of projects or even offers the company has either internally to its staff or externally to the customers/ general public.
Surviving in a world of complexity, project manager must be intune with changing needs that globalisation and technology has brought into use.
On our present projects la k of power supply ,currency exchange rate fluctuations and galloping inflation have a debilitating effects on our projects ,we have to adapt and communicate with the stakeholders so as to chart a way forward
If you are not updated you will soon outdated. Every project has there own different approach, and someone has to continually develop in himself to meet up in these complex and challenging world.
Oluwagbemi Elasoru
Working in a complex world as a project manager, one must take into account changes brought about by new technologies in order to effectively manage financial resources and complete a project using methods.
When faced with uncertainties its always good to adjust and learn ways to mitigate. You can decide to complete certain phase of the project and iterate in the next phase any features that may have not been able to be delivered.
To keep of with the evolution of new technology and our world everyday, we have do a good job on research and not limit our thoughts to our skillset alone. Learn new things and iterate these things into your thoughts and research
Keeping up with technological changes requires continuous investment in research and development, this causes a serious strain to the company’s resources.
The big firms in the market have really overshadowed my company which is barely 2 years old, and it makes breaking into the market very hard in the area of competition.
To deal with complex situations Project manager must be updated and up to date with new events and technologies also other environmental trends and events. As I project manager I hope to involve and evolve myself through constant personal developments
Working in a complex world as a Project Manager, one must be versatile, always informed and updated. Technology is just downsizing human at a faster rate at this moment, but it has its own advantages too….
In the healthcare field, although technology makes diagnoses faster, I need to stay on top of my game through continuous personal development. Technology poses a danger of monotony thereby leading to the downsizing of staff
As time goes by the world is becoming more complex, so are the projects being executed.
Therefore, to stay relevant a project manager must up his/her game with a lifelong commitment to learning and understanding the changing world realities
Working in a complex world as a project manager, one must take into account changes brought about by new technologies in order to effectively manage financial resources in order to complete a project using methods. Additionally, one must take into account competition while ensuring that project management ethics are upheld even at the most difficult decision-making stages and that the project team is led despite changes in certain project stages.
Assessing these global issues through the lens of my organization and projects involves conducting a comprehensive analysis of internal capabilities, external trends, and stakeholder expectations. It requires strategic foresight, collaboration across departments, and a commitment to continuous learning and adaptation to navigate uncertainty and drive sustainable growth in a rapidly changing world. Advances in technology is having a tremendous impact on how we do business generally.
As a farmer, one of the critical factors affecting production is the profound impact of climate change. This environmental shift has led to drastic alterations in weather patterns, resulting in irregular rainfall, increased temperatures, and more frequent extreme weather events. Consequently, these changes have significantly affected crop yields, jeopardizing agricultural output and livelihoods. Moreover, the emission of greenhouse gases exacerbates these challenges, further intensifying the adverse effects on agricultural sustainability and the environment
A legal practitioner whose expertise falls within the armbit of property and commercial legal services, the advent and ever-changing world of technology, service procurement, legal compliance, and contractual documentations, means I have to personally develop upskills and soft skills in other fields of studies, that will enable me keep up with the times.
Volatility of today’s market commodity prices are adversely after businesses in our today’s world. You would be amazed to find out that the value of money today is not same thing the next day thereby making it difficult to forcast or predict the future cost of a project
Global competition has really affected labour supply and the quality of product delivery around the world. Cheap labour in China and other Asian countries has been a major reason for enterprises to move manufacturing industries from the US and Europe to China, Vietnam, etc. which in turn leads to loss of job opportunities in the US and Europe.
Another complexity experienced globally was in the area of supply chain, as evidenced during COVID-19 lockdown, which leads to scarcity of basic food and medical products.
These complexities can have short – or long term effect on project and service deliveries around the world, hence the need for project managers to continuously adapt and be proactive to be able to manage these complexities.
As an organization, technology may cause downsizing of staff, it will also increase workload and cross functional roles within the organization.
For project,technology especially for team members who possesses set skill on project management and it softwares will enhance high productivity and efficiency…
Technology, social and political dynamics are integral factors shaping today world. They influence projects by impacting communication methods, stakeholder engagement and regulatory compliance ultimately driving the success or failure of projects.
Technology and politics plays a major role in the world we live in today. Complexity arises as a result of the part played by these two elements in our environment. This complexity has its way of affecting project, whether big or small .
Technological, social and political changes have major impact on how projects are executed. there is a need for the Engineers to constantly update their knowledge on the use of technology to effectively execute and monitor projects.
The people’s way of handling matters are changing due to technological advancements and environmental changes especially as it shapes the expectation of funders and key stakeholders in project delivery
The mindsets of people are changing due to technological advancements and environmental changes. These can create completely new problems to solve and affect the choice of projects to take on. The approaches used to solve the problems can also be affected.
Global challenges and technological progress have transformed the operational landscape of organizations today. From the impact of the pandemic, which has accelerated remote work, to the integration of AI altering certain job roles, these factors have both simplified certain tasks and alleviated workloads within various organizations. Furthermore, they have spurred the development of new tools and strategies for engaging target audiences. In my profession, the utilization of social media has notably boosted sales without necessitating physical presence, enabling seamless connectivity with customers from the convenience of my home.
The mindsets of people are changing due to technological advancements and environmental changes. These can create completely new problems to solve/projects to take on, the approaches used to solve the problems can also be affected.
Technology has the ability to make our mar an organization. Technology advances and as such individuals and organizations are expected to evolve and advance too.
Technology has caused a major shift in my organisation. We have had to make use of cloud data computing and AI generated tools which we have had to learn in order to remain agile. I personally had to learn data analytics to be able to make the necessary switch as it relates to data collection and data analytics
Global issues and technological advancement has reshaped how organizations are run now.
From the pandemic, increasing the rate of work from homes, to the use of AI (artificial intelligence) reshaping some people’s job. These have also made it easier in carrying out some Jobs and reduce workloads in some organizations. It also brought about the creation of more tools and ways of reaching out to your target audience. In my line of work, social media has brought up increased sales without having the leave the comfort of my home and easily connecting to my customers
I AGREE
The impact of technology over an organization cannot be forgotten or be overlooked. Technology can either mar or make any organization. As the world is going global now, every set of an organization has one or two things to do with technology to make the development more easy.
Also environmental change cannot be overlooked, take for instance the case of dollar rate going on in the world right now, it’s affecting every part of the country will all organizations inclusive. There is an high cost of buying stuffs, high cost of maintaining livelihood and even high cost of survival which is definitely affecting the income flow of organizations and even the welfare of the workers in the organization as well.
There are a plethora of global factors affecting how organizations are run. Technology has greatly distrupted ways of doing things. Things are done at much faster pace than ever and organizations have to catch up to be able to thrive. Social and political changes impact heavily on activities of organizations. In my clime, a lot of adjustments have had to be made to accommodate the various economic changes that have occurred in the last few years- even as recent as last few months- affecting cost of production and service delivery so as to continue to be viable as a business.
The impact if technology on organizations remains the most pronounced in recent times especially as it shapes the expectation of funders and key stakeholders in project delivery. In the case of my organization, it shapes the way we think, work and network with others as work tools continue to require upgrade to be able to cope with fast changing work climate. this requires continuous learning and re-learning on a continuous basis.
I consider technology a critical aspect everyone must consider before making any personal decision or for the organization. For instance, using technology during research in data collection for the project might reduce the time it may take when you don’t use technology.
Social and political changes are a major concern for decision-making during the project management process; they help make long-lasting decisions and valuable project results.
As project manager in Real Estate and construction sphere, technology revolution had really affected the deliveries on housing and construction space,from the types of the houses being developed now which are ranging from smart home and fully automated houses.likewise the equipments being use are now high .
sophisticated.
Competition:-for any organisation or business to survive, it need health competition among the people you are in the same space. This will help the organisation or a business to be on top of there games.
For organisation to thrive in this economy , government need political will to put some productive policy in the place.
Global issues such as COVID -19, political upheavals, change in New Government or dispensation, the recent change in the Naira bills and the scarcity of the Naira bills, policies that emanated in market forces during these periods since year 2020 really had a negative impact on my job as a part time lecturer as time factors were exceeded, delay of funds transfer, movement was restricted and and all these Complexities brought about resource levelling at one point or the other as a lot of rescheduling had to be implored.
Global competition has a significant impact on project management.
In today’s interconnected world, businesses are increasingly operating on a global scale, and project managers must adapt to the challenges and opportunities presented by this competitive landscape
Global issues like Covid 19 changed the way we do things in my organization. We arrange virtual meetings, webinars ,virtual trainings etc and only do physical where very necessary. As a result we do more engagements and check-ins unlike before. Challenges are always seen before they swop on us.
Well considering the effects of global issues in my place of work, I can say that it left us no choice than to get upgrade in the tools with which we render our service. The improvement in the area of technology is so impactful that if you fail to meet up with the trend you may end up not meeting up with the exact request your clients are placing on you.
So on daily basis you look out for the latest technology available, get used to it so that you can deliver by so doing you will satisfy your client or firm
The global issues mentioned above has had both positive and negative impacts on the education sector in recent years.
Technology has improved significantly on the way lessons are being taught and how the day to day activities of the school are being conducted. With the introduction of technology many curricular and extracurricular activities have been digitalized. This has helped to promote teaching and learning activities, thereby improving students adaptation and in turn attracting new students to the school.
Economic factors such as funding, budgeting of school equipment, employment of new professional staff has been on the low side due to the economic crises in the country.
The education sector has risen to the task and has been able to improve and use new methods to make sure the global issues has minimal effect on it goals while embracing the new development.
In my perspective, the impact of these global issues holds immense importance in strategic planning and decision-making processes. Concerning technology, there are notable challenges, such as the continual need for learning to remain abreast of evolving tools and platforms. The integration of new technologies has the potential to amplify productivity, streamline processes, and enhance project outcomes. Moreover, insight into competitors’ strategies and market trends serves as valuable input for project planning, fostering innovation and refinement. Competitive pressures may also necessitate heightened efficiency and cost-effectiveness in project delivery, prompting meticulous resource allocation and risk management.
Regarding social and political change, shifts in the political landscape can exert influence on stakeholder expectations, regulatory mandates, and market dynamics pertinent to my organization and projects. Establishing and nurturing relationships with pertinent stakeholders, coupled with transparent communication practices, are pivotal in navigating these evolving conditions effectively.
The environmental crisis presents both significant risks and opportunities for my organization and projects. Environmental considerations may trigger regulatory shifts, alter consumer preferences, and shape investor expectations, thereby impacting project prioritization and resource allocation. Conducting thorough assessments of the environmental footprint associated with projects and implementing responsible strategies to mitigate environmental challenges are imperative.
By addressing these global issues proactively, organizations can adapt to fluctuating circumstances, seize opportunities, and mitigate risks, ultimately fostering success and resilience within the dynamic business landscape.
Considering global issues like technology, competition, social and political change, and the environmental crisis can have various impacts on organizations and their projects
1. Technology: technology can create opportunities for innovation and efficiency in projects. Embracing new technologies can lead to improved processes, products, and services.
2. Competition: competition can drive organizations to enhance their offerings and improve their efficiency. It necessitates a thorough understanding of market dynamics, consumer preferences, and competitor strategies to maintain a competitive edge.
3. Social and Political Change: Social and political changes can influence regulations, consumer behavior, and market trends.
4. Environmental Crisis: The environmental crisis presents challenges related to sustainability, resource scarcity, and environmental regulations. Organizations need to incorporate environmentally friendly practices into their operations and projects to minimize negative impacts.
In summary, these global issues can affect organizations and projects in various ways, influencing strategic decision-making, resource allocation, and operational practices. It’s essential for organizations to proactively assess and address these challenges to ensure long-term success and sustainability.
As an entrepreneur, I’m fascinated by the groundbreaking advancements in AI, particularly Generative AI, and its transformative impact on the business landscape. Integrating recent AI technologies into Project Management systems can significantly boost efficiency, particularly in handling complex projects. To fully leverage the potential of this innovation, project managers should also explore acquiring additional skills such as prompt engineering. As the world evolves rapidly and technology continues to reshape our lives, it’s crucial for project managers to evolve alongside it.
Innovate or die! That maxim is so true in today’s world such that companies fold once they’re unable to keep up with the competition.
A project manager needs to always keep abreast of all situations and keep evolving in a bid to have a good grasp of happenings both locally and globally.
Base in my work in food manufacturing ( FMCG), I note the following
1. Rapid technological advancements can be a double-edged sword. On the positive side, it provides opportunities for innovation in product development, such as incorporating smart packaging or utilizing data analytics for consumer insights. However, the fast pace of technological change also means that staying competitive requires constant adaptation and investment in the latest technologies.
The FMCG sector is highly competitive, and global competition continues to intensify. This necessitates a keen awareness of market trends, consumer preferences, and a nimble approach to adapt products quickly. Differentiation through unique features or sustainable practices becomes critical to stand out in a crowded market.
Shifts in social and political landscapes can significantly influence consumer behavior and preferences. For FMCG, considerations like ethical sourcing, sustainable practices, and alignment with social values are increasingly important. Keeping abreast of these changes is essential to respond effectively in product development.
The world has left the era where man power and only knowledge were the only solution power to manage an Organization or project problems, the world has gotten an era of Technology advancement where a project manager must and should know how to keep records not on papers but on data base documents applications, the world is advancing daily Technological wise and as such a project Manager should not be ignorant of that but rather seize the opportunity and develop his/her skills on that.
Social and political changes and environmental crisis are great determinant of a nation growth or fall, whatever political decisions and actions made in a country would affect the economy of that country, organization and even a project and as such a project manager should know how to observe ,understand the level of economy of the nation and capitalize on that as to make proper decisions for its project or organization growth.
Organizations are usually affected by global factors and issues but as a project manager, you need to be up to date with the issues, planning ways to cease possible ways to resolve these concerned issues so as not to affect the organization
In today’s world where everything is so connected, every organization is influenced by a ton of different global factors. Technology keeps evolving, which can be both exciting and challenging. It opens up new possibilities for doing things differently but also means you’ve got to keep up or risk falling behind. With so many other organizations competing for attention, the company would love to be top in their game which will push them to be more innovative. The world is always changing socially and politically ranging from policies or economic factors and the likes, which affects projects too. With environmental crisis, there’s pressure to be more eco-friendly.
Oliyide Oluwatobi
Cohort 13
Team 10
Global issues are being faced by every organization and it’s not avoidable, but these issues enable my organization to recognize and cease new ways of identifying the problem of the society and therefore provide sustainable and lasting solutions to them
In my field, the continuous advancement in technology makes it easier for computing, yet not everyone is conversant, to get in front of this, as a town planner, there is a need to constantly learn about new technologies. The bureaucracies that also come with advocating for the company and considering what the state/ officials consider as acceptable also is one that i keep battling with.
working in a distribution company, i have had to encounter so many factors that hinders or poses a threat to the success of my daily task achivement.
technology has been one factor that has contributed immensely to the ease in operation and record keeping.
Social and Political change affects the smooth running of business when government dont have legalized ways and mediums to dessiminate information to business owners. when they are more keen on penalties than helping citizens identify necessary steps to take discourages the smooth running of my business.
Working in medical field, the impact of global issues such as technology, competition, social and political change, and the environmental crisis have significantly affect my organization and their projects in various ways. In terms of technology, the Covid-19 pandemic has made a lot of innovative ideas spring fort and we now have tele health services, on the flip side, it has also been a source of concern as health practitioners are beginning to worry about the dismissal of man power since the inception of AI, In terms of social change and environmental issues, there is the rise in brain drain affecting availability of some special consultants. In all these challenges, my organization has made conscious effort to consult with practitioners online, do special medical outreaches to raise awareness about the diseases the country is endemic to.
We can not talk about global uncertainty without reflecting on the impact of COVID-19 pandemic that it has caused on projects and changed the way they operate and socialize, and work. Before the outbreak, none was aware of how it was going to affect business and industry operations. During Covid-19 time, there was a time when institutions were obliged to close doors or employees had to work from home through online interaction. This highlighted the need to adopt new technology and innovation. It means that the normal way of operating has changed especially on project performance and project implementation. Therefore, approaches and practices for managing projects had to change from one approach to another.
Mfon Brendan
Cohort 13
Team 9
Module 3
The global issues mentioned have affected and impacted almost every facet of my organization ranging from
The impact on the education system, school administration, curriculum, enrollment and quality, daily operations, and the rest of it
technology has positively transformed the way school is run and how lessons are delivered, with digital resources readily available. The daily running of the school such as record keeping and information dissemination has been digitalized.
However, competition
gradually affects the number of enrolment in our school which inversely affects the funding.
Quality however is positively impacted by Competition as this gives rise to constant improvement of the quality of lesson delivery, extracurricular activities, and facilities to attract and retain students
Economic factors greatly affect the budget, staffing, and resources of the organization. the economic factor has also affected staffing as a lot of staff request periodic raises in their salary and this affects the morale of the staff.
In response to all these challenges, my organization has adapted to beat the challenges faced and evolved to embrace and welcome the new technologies gradually making their way into the education sector.
Global issues such as technology, competition, social and political change and environmental crisis can take a lot of toll in delivering of project work or in an Organisation.
Technology could affect project work by making new tools and resources available, or by changing the way that people work and collaborate.
in terms of technology, the increasing availability of cloud-based tools and resources could affect project work by making it easier to collaborate with team members around the world, or by providing access to new data sources and analytics tools.
Competition could affect project work by increasing the pressure to perform and deliver results.
Social and political change could affect project work by creating new opportunities or challenges. environmental crisis could affect project work by creating new risks or constraints.
To prosper in this ever-changing environment, the firm must know how to maneuver their ways around these global issue and think big.
Global issues like technology, competition, social and political change, and environmental crises have a significant impact on my organization which is an architctural firm and our project.
Technology: By enabling firms to employ cutting-edge software for design, visualization, and project management, technological advancements have completely transformed the architectural sector. Furthermore, it has prompted architects to include energy-saving and sustainability strategies into their designs.
Competition: As a result of globalization, local and foreign enterprises are posing a greater threat to architectural firms. This forces businesses to continuously innovate, produce distinctive designs, and deliver top-notch services in order to stay ahead of the competition.
Social and Political Change: Both client needs and architectural trends are impacted by social and political changes. For instance, shifting cultural norms, changing demographics, and changing lifestyles necessitate that architects modify their designs to accommodate various communities’ requirements and preferences
Environmental Crisis: Sustainability and eco-friendly design have become top priorities in the architecture business as a result of the environmental crisis, which includes climate change. Contemporary architects prioritize the integration of sustainable energy sources, the utilization of repurposed materials, and the creation of structures with reduced carbon emissions. To summarise, the architectural sector is shaped by global challenges that propel technical developments, heighten competition, influence design trends, and promote sustainability. To prosper in this ever-changing environment, architectural firms must remain current, adjust to change, and give priority to sustainable practices.
Working with a distribution company, the era of technology has helped not only with metering consumers but also in monitoring the activities of consumers consumptions remotely and securely. It has also helped in monitoring the deployment and usage of materials.
Relating with customer is made easier through AI
Working within the EdTech space with an organisation that is a technical partner to visionary government in transforming education through the introduction of technology into learning activities, being constantly relevant means staying abreast of the current technological trends to maintain a healthy competitive edge. In addition, working with the government equally means the project/programme is always affected by government decisions or policies. However, as one of the experts stated, the show must go on.
The goal is to ensure sustainability irrespective of confronting challenges or complexity of the surrounding systems. Tailoring also comes in handy in such situations.
Certainly, the impact of big global issues such as technology, competition, social and political change, and the environmental crisis can significantly affect organizations and their projects in various ways. Rapid technological breakthroughs can open up new options for project innovation and efficiency improvement. However, they also provide obstacles, such as the need for ongoing learning and adaptation to new tools and approaches. Projects may need to account for technology obsolescence and the integration of new technologies into existing systems. Globalization has intensified competition among organizations, requiring projects to be more strategic and customer-focused to maintain market relevance. Projects may need to prioritize agility and responsiveness to changing market demands to stay ahead of competitors. The environmental crisis creates substantial hurdles for firms seeking to operate sustainably and responsibly. Environmental factors, such as reducing carbon footprint, implementing eco-friendly methods, or addressing climate-related risks, may need to be factored into project planning and implementation. Organizations may also be under pressure from stakeholders and regulators to demonstrate environmental stewardship in their undertakings.
Overall, understanding and addressing the impacts of these global issues on organizations and projects are crucial for ensuring project success and organizational resilience in today’s complex world.
We live in a world where the only thing that is constant is change. As such, we all have to embrace these changes in technology, competition, social and political change, and environmental problems and strive to strike a balance. As an Education Officer in the Ministry of Education, I’ve learned to carry out my roles and responsibilities more efficiently using technology as opposed to the old ways of doing things manually using paper.
Technology, like a relentless tide, sweeps across industries, reshaping landscapes and challenging the status quo. Organizations find themselves at the crossroads of innovation and adaptation.
Advancements: The relentless march of technology introduces new tools, processes, and possibilities. From artificial intelligence to blockchain, organizations must stay informed and agile.
Digital Transformation: The metamorphosis from analog to digital is no longer optional. Organizations that embrace this transformation thrive; those that resist risk obsolescence.
Cybersecurity: As technology permeates every facet of business, safeguarding data and systems becomes paramount. Cyber threats loom large, demanding constant vigilance.
Also, in the global amphitheater, organizations engage in an intricate dance of strategy, survival, and supremacy. The spotlight shines on those who adapt and innovate.
Market Dynamics: The stage is crowded, and the spotlight is fleeting. Globalization intensifies competition. Organizations must differentiate themselves, find their unique voice, and resonate with audiences.
Agility: The nimble dancer pirouettes gracefully. Agility allows organizations to pivot swiftly in response to market shifts, customer demands, and disruptive forces.
Collaboration: Partnerships—like duets in a grand ballet—foster innovation. Organizations join hands, share knowledge, and expand their reach.
Threads of societal shifts and political currents weave through the fabric of organizational life. The warp and weft create patterns of impact.
Diversity and Inclusion: The vibrant hues of diverse perspectives enrich organizational culture. Inclusion isn’t a buzzword; it’s a symphony where every instrument matters.
Policy Impact: The legislative brushstrokes paint organizational landscapes. Changes in regulations ripple through supply chains, HR policies, and strategic planning.
Social Responsibility: Organizations don’t exist in isolation. They engage with communities, address social issues, and contribute to collective well-being.
The intersection of new technology, worldwide trade and competition, social and political disturbances, and the environmental emergency is shaping the global landscape in profound ways. Here are some of the key changes and impacts resulting from these factors:
Technological arrangement:Automation and artificial intelligence are transforming industries, leading to increased efficiency but also displacing traditional jobs.
The rise of remote work and digital platforms is changing the nature of work and employment patterns.
Emerging technologies like block chain, 5G, and quantum computing are revolutionizing various sectors, from finance to healthcare.
worldwide trade and competition: Globalization has intensified competition among businesses, leading to both opportunities and challenges.
Supply chain disruptions, as seen during the COVID-19 pandemic, highlight the vulnerabilities of interconnected global trade networks.
Trade tensions between major economies, such as the US and China, are reshaping supply chains and international relations.
social and political disturbances: Increasing inequality within and between nations is fueling social unrest and political polarization.
Movements for social justice and equality are gaining momentum, demanding systemic changes in various spheres, including governance, economics, and culture.
Authoritarianism and populism are on the rise in some regions, challenging democratic norms and institutions.
environmental emergencies: Climate change is leading to more frequent and severe extreme weather events, threatening lives, livelihoods, and ecosystems.
Resource depletion, pollution, and loss of biodiversity are exacerbating environmental degradation and impacting human well-being.
The shift towards sustainable practices and renewable energy sources is gaining traction, driven by growing awareness of environmental risks.
Akinmoye Segun Wilson Cohort 13 Team 2
Considering the major global issues like technology, political changes,environmental problems, social and competition and how they affect organisations and my projects. Advancement in technology have become a force behind transformation of many organisations. New Technology now make work easier and minimise error in production which improve efficiency of the work done. The growth in technology also birth competition, as professional can no longer rely on old knowledge but instead strive to unskilled which create a new form of competition as you must have various professional certificates to be able to get some job.
In my field as an engineer, there are new developments everyday and you must recognise it.
Political changes also affect how work is being done or operates, for instance in Nigeria where the rating of dollars keep changing, which makes cost of production increases and also makes companies cut down on staff, so as to have some money after projects completion, this really affect projects as engineer now have to do various jobs that should have been contracted to another person but for the purpose of cutting production prices.
As the world evolves in technology, it is important we embrace everything that comes with it. This will make project, more efficient and less tedious.
Sulaimon Anas Omotayo Cohort 13 team 10
The constant developments in technology, political and social disturbances play a major role on the timeline of projects. The exponential increase of cost of materials due to technological developments, the political reforms established by government bodies and social disturbances affects projects
Ohaegbulan Precious. Cohort 13 team 10
Considering the major global issues and how they affect organisations. Technologies advancements have become a driving force behind organizational transformation. Technologies can enable organisational to streamline operations, improve efficiency and reach a broader customer base.
As an I.T officer, embracing new technologies can lead to competitive advantages and innovation.
Organisations may explore new ways to operate more efficiently and provide value during challenging times.
In response to the declining number of calls despite the evident psychological impact of the economic situation, our helpline project conducted research by administering questionnaires to diverse audiences. The findings revealed a noteworthy barrier: although there was an increase in mental stress and a heightened need for therapy, the perceived expense of making phone calls to our center hindered accessibility for many.
In light of this, we decided to address the financial barrier by introducing an alternative and more cost-effective mode of communication. We’ve now incorporated a WhatsApp chat number alongside our traditional call center line. This addition aims to provide people with a more affordable means of reaching out to us, acknowledging the financial constraints that some individuals may be facing.
By offering a WhatsApp chat option, we anticipate that more individuals will find it easier to connect with our helpline service, fostering a more accessible and inclusive platform for mental health support. This adjustment aligns with our commitment to breaking down barriers and ensuring that our services remain readily available to those in need, particularly during challenging economic circumstances.
Managing project costs in Nigeria these days is so unpredictable with the constant dollar increase and/or decrease.
Chijioke Obioma, Team 5, Cohort 13
Awareness of changes such as social & political change, environmental crisis is essential for aligning our projects with trending &evolving needs that concerns our immediate student community. Eco-Friendly project practise makes these activities align with the global environment goal. However there should be a balance in the Agile and Traditional management approaches for effective implementation as the world revolves.
The political and climatic context generally has unpredictable impacts on my organization’s projects. This is particularly evident in the case of the war in the East of the Democratic Republic of the Congo (DRC), which disrupts road traffic and compels the populations in our project area to leave their respective living environments. This complex situation demands constant adaptation and mobilization to find sustainable solutions in the face of challenges posed by these political and climatic factors.
Global issues such as technology, competition, social and political changes, and environmental issues have a significant impact on organizations and the projects they undertake.
Technology: While technology offers opportunities for efficiency gains in all areas. organizations have to continuously adapt to rapid changes.
Competition: In as much as competition leads to innovation. organizations are faced with the pressure to adapt to changing market trends to stay competitive.
Social and Political Changes: Understanding socio-political landscapes is crucial for effective stakeholder engagement and communication.
Environmental issues: Organizations have to increasingly integrate sustainability into their operations in order to mitigate environmental impacts.
The use of technology has helped project efficiency in reducing repetitive work to help my team work faster and more efficiently on delegated tasks. Projects are now mostly automated, follow up reports are easily seen through technology and it has enabled me to accomplish many tasks quickly and efficiently.
As a student union leader, I need to consider how major global issues impact our organization and the projects we undertake. Here’s how these issues affect us:
1. Technology: The rapid advancement of technology significantly impacts how we engage with students, manage events, and communicate. Embracing digital tools and platforms is crucial to enhance our outreach, improve member engagement, and streamline administrative processes.
2. Competition: Increased competition among student organizations means we must be more innovative and strategic in project planning. We need to differentiate our initiatives to attract and retain student members.
3. Social and Political Change: Shifts in social and political dynamics can influence student interests and priorities. Staying aware of these changes is essential for aligning our projects with the evolving needs and concerns of our student community.
4. Environmental Crisis: Environmental concerns, like sustainability and climate change, are becoming increasingly important for student organizations. Incorporating eco-friendly practices and projects into our activities aligns with global environmental goals and resonates with environmentally conscious students.
In light of these factors, I must stay informed, adapt to change, and use project management approaches responsive to uncertainty and shifting dynamics in the educational and social environment. We may need to balance traditional project management methods with agile approaches to remain adaptable and effective in a complex and ever-changing world.
Global issues can have an impact on a project or an organization. Using Nigeria as a case study,the legal tender in the company is really affecting the value of the currency, to carryout any project now too much money will be spent just to get a project done because it has lose it value
Global issues can have a strong impact in an organisation’s project and decision, in a case of currency devaluation which is influenced by political changes, this can affect the budget and timelines of project negatively.
In cases of competition which is cause by oversaturated market, this can affect the project Negatively hence the need to create a more improved version of whatever project an organisation is handling to differentiate and give them an edge over other competitors.
Global issues such as technology, competition, social and political changes, and environmental issues can and do impact organisation’s and project in both positive and negative ways.
In the engineering world, new technology brought about new, easier and effect ways of completing projects on time with less hands on or hard work, plus it has enhances communication too.
Social and political changes affect through change in laws and policies, social reactions to changes by ongoing project.
Competitions is now on the rise due to new technologies, it’s availability and use of it.
Environmental issues, global issues do affect companies and project as it disrupts vendor of material and tools which in turn affect project timeline and deadline.
In general, all this issues can affect a project manager engaged on a project but then should readily be able to anticipate, accept and work round/with these changes.
Considering political changes, policies being pass to law can affect the decision making of the of project managers
Technology enhances communication, which in essential aspect of project management across different fields.
Social and environmental changes have affected the event sector in a lot of negative ways, most problems caused by economic changes. Companies and individuals can no longer afford events of their dreams which limits creativity in the part of event project managers.
It is true that global issues such as new technology, trade and competition, social and political actions and inactions, and the global environmental crisis have effect on the world that we live in and the work that we do. Global crisis and political instability affect my organization and my project. It makes completion of old and new projects almost impossible to meet up with the deadline.
It is true that global matters like new technology, trade and competition, social and political disturbances, and the environmental emergencies affect the world that we live in and the work that we do.
As a Journalist, political disturbance has to be the height of these for the journalism profession. Most media houses filter their stories especially political ones that involve big wigs before publishing. This is because press freedom is not guaranteed in the country where I live and work.
global issues like technology, competition, social and political changes, and environmental problems, had affected different aspect of our life and even the project we Carry out. So of these changes have been useful as it makes work faster and easy why some have affected it negatively.
The global issues really impacted our library organization:
Technology: Libraries are influenced by technological advancements in terms of digitization, online resources, and information management systems.We adapted to evolving technologies to offer digital services, enhance accessibility, and manage electronic collections efficiently.
Competition: With the rise of digital content platforms and online resources, our library faced competition for information dissemination. To remain relevant, we need to focus on specialized collections, unique services, and community engagement to distinguish our services.
Social and Political Changes: We were affected by societal shifts and political changes as they play a crucial role in providing diverse perspectives and information. There was need to be responsive to societal needs, promoting inclusivity, diversity, and addressing issues related to censorship and intellectual freedom.
Environmental Problems: Our Library like other organizations, are increasingly considering environmental sustainability. This involves initiatives such as reducing paper consumption, energy-efficient operations, and promoting eco-friendly practices in our community outreach.
In summary, libraries must navigate these global issues by embracing technology, differentiating themselves in a competitive landscape, staying socially and politically aware, and contributing to environmental sustainability in their operations.
Covid 19 was a global issue that impacted my area of interest to a large extent. It caused for a major pause in businesses across Africa. Also government policies can be a determining factor to the influx of tourist in and out of a country.
COVID-19 Was the global pandemic that really affected almost every sector of working. For me I work in a non-profit organization which works to promote healthy living through evidence based social behavior change communication, In COVID-19 we were surely affected ranging from complexity of new schedules of remote working (New approach) to responsible relevant community interventions to fight against the pandemic. So, in this world every organization should always be sought to be designed in a way that accept changes. (Flexibility)
Global issue such as food insecurity and climatic change has significant impact on the economy, thereby creating more inflation against food industry.
It creat scarcity of food and challenges food vendors to close up
Global issues like technology, competition, social change, political change, and the environment can have a significant impact on construction companies in Nigeria. For example, advances in technology, such as new materials and methods, can impact the way construction projects are completed. Competition from other countries, such as China, can put pressure on Nigerian construction companies to improve their efficiency and cost-effectiveness. Social and political change can impact the availability of funding and labor, and environmental concerns can impact the types of projects that are approved and built.
These global issues do have a variety of impact projects. For example, new technologies can make projects more efficient and effective, but they can also lead to higher costs and increased competition. Social and political change can lead to delays or disruptions in projects, and environmental concerns can add new layers of regulations and costs. These issues can also have an impact on the skills and resources that are available for the projects, which can affect how quickly and efficiently they are completed.
The emergence of technology, along with other global issues like global warming and environmental concerns, spells more problems for an already complex world. A project manager should be able to anticipate issues that may result from these challenges and come up with solutions, as well as identify the right people to successfully deliver on projects. For example, when a law firm seeks to launch a freelance app for legal services, the Project Manager (PM) should first understand that there is already competition in the market. The PM should then consider possible solutions, such as communicating with the project sponsor, stakeholders, and team members about the need to add novel or catchy features to the app. This will distinguish it from other freelance apps already available to the public. It could potentially attract investors and active subscribers upon the launch of the app.
Technological, political, economic and even legal changes are bound to happen and makes its own effect in the business. Project managers should learn to adapt to changes in whatever forms it may have come. Not to quickly forget the fact that, a project manager should not run away in the face of challenges, critical creative decisions that would not defile ethical standards are required to take into consideration.
For example, in my organization as a book publishing firm, the financial challenges of inflation have come to bedeviled business, and the publishing industry is not excempted. For the fact that so many finds it difficult to have there three square meals, is an indication of it suggesting that many may find it difficult to get their manuscripts published. On the course of our research, we have to publish a book that we think may be used as an avenue to raise money for our organization in order for it to remain a going concern, we were not surprised that for almost a year now, the same first edition of the book that sold 1000 copies within 3 months in 2017 can not sell 30 copies within its 6 months of publishing now, an indication of economic crisis which affects the cover price, even though many wishes to buy it but do not have the got to part away with the cost it carries.
Since our organization have to remain a going concern, we need to strategically decide to go for another fashion of booklets publications in which even the children can afford to buy without requesting money from their parents, and this decision was a huge success.
As a project manager that was involved in a pig farm project, I understand that political diversity can be a very big issue in land acquisition processes especially when it’s meant for a personal business by a person with a different political belief. Technology has really helped human kind in most ways, it has helped in many ways like communication and making work on the site easy,more efficient and faster productivity, the major disadvantage of technology on the pig farm project was the inexperience of workers to use technology device effectively because most of the farm workers are not educated to understand the usage of advance technology materials. Social integration and interaction about pig farm produce has really made me to understand more about pig farm and also how to use the competition around as a source of motivation for my team.
Global issues such as technology,social and political changes,competition affect projects in diverse ways.
Technology,have really improved ways things are being done by making it faster and reaching a wider range of audience. The applications and tools used helps with building up our project plans and easy tracking . The downside is the fact that not everyone is very comfortable using it.
Everything rises and falls on Leadership.Political changes significantly affect our projects.Here policies are made,the economy is determined,security is hinged on that,other infrastructure needed is dependency on that.Hence ,not considering the influence of politics on our projects is a recipe for failure.
Competition in itself is not a bad idea, but not being able to manage it can affect our work.Hence ,constant research,customer feedback,stakeholders engagement is required to be able to manage competition effectively.
The interconnection of issues sharpens or mars a project.
As a trader and a project planner in my local church, I have had series of experiences as to how these events topples and influence projects.
we will take them one at a time:
Technology: No doubt technology is infact a rel time blessing to those whose businesses are online based or has to use the online space. As a trader, I use tech to reach out to a lot of interested clients, and educate others on my product.
Competition is either healthy or not depending on who’s involved. to me, competition helps me to strive to be a better person, improve in my strategies and discover new ways to do things.
Social and political change. This I think play a larger than life role in determining the success of whatever one is doing. If not properly checked,could mar any project.
currently, I’m handling a project that has to do with organizing a ssocioeducational event with theme on Religion, synodality and civic responsibility for a better Nigeria” while I went through the rules of engagement and the theme,it dawned on me that everything rise and rest on government policies.
In a world that is constantly evolving, it’s essential to understand the impact of factors like competition, technology, and social change on your organization and projects. By anticipating and proactively addressing these factors, you can improve your project’s chances of success. For example, when launching a new product, you can consider potential environmental impacts and their effects on resources and the supply chain. Additionally, you can leverage new technology to stay ahead of the curve and gain a competitive advantage. Furthermore, you can monitor social and political changes to anticipate shifts in consumer behavior and tailor your project accordingly. Ultimately, by being mindful of these factors, you can navigate challenges and achieve your project goals.
My experience as a teacher in a college shows that In few years time so many people will be out of job, this is so because when my institution embraced digital learning in the college so many teachers couldn’t cope because they don’t belong to this generation. Many of them had to depend on the students to help them do the connection even after the college had organised seminar on the use of these gadgets earlier.
My experience as a teacher in a college shows that I’m few years time so many people will be out of job, this is so because when my institution embraced digital learning in the college so many teachers couldn’t cope because they don’t belong to this generation. Many of them had to depend on the students to help them do the connection even after the college had organised seminar on the use of these gadgets earlier.
As the saying goes.. change is constant and it is our responsibility to adapt to such changes. The advancement in technology hs been one of the key major role in our society today.
With the help and advancement in technology, it has actually helped in may areas such as multitasking that enables us to carry out several functions in a space of limited time, it helps keep our work space neat and with the aid of some structured softwares we have today it has made work stressfree.
The deployment of technology has increasingly make job functions easier to perform, my experience with the installation of a remote tank gauging system at my work place has change and simplify how my job is perform. it also help in developing capacity through training to use the technology that has my organization to have better capacity in tank management system.
Competition is the reason why organizations, companies or nations strive to be innovative. Innovation keeps organizations ahead of their competitors. in order to achieve that, organization continuously commission new project the aims to improve on their capacity.
Social and political changes have significant impact on organization because sometimes, those changes come with a change in policy under which some organization functions. this sometime affect the way some organization function.
With increasing attention on climate change and its impact on the environment, organizations tend to be more innovative by adopting technologies that reduce such effect on the environment significantly. Today, more organizations are adopting the use of renewable energy so as to reduce environmental problems caused by the use of the most common source of environmental problem which is burning of fossil fuel.
As someone that works with solar installation company,Here’s how these big global issues may affect a solar installation company and its projects:
Technology: Advances in solar technology, energy storage, and smart grid technology can influence the competitiveness and efficiency of solar installations. Companies need to stay updated with the latest technological innovations to remain competitive, offer cutting-edge solutions to customers, and optimize the performance of their solar projects.
Competition: The increasing demand for renewable energy solutions, coupled with the growing number of players in the solar industry, intensifies competition among solar installation companies. Companies need to differentiate themselves by offering superior quality, innovative solutions, competitive pricing, and excellent customer service to maintain market share and win new projects.
Social and Political Change: Shifting societal attitudes towards environmental sustainability and climate change can impact government policies, regulations, and incentives for renewable energy adoption. Changes in political leadership or public opinion may affect the regulatory environment for solar installations, including subsidies, tax credits, and renewable energy targets, which can influence the viability and profitability of solar projects.
Environmental Crisis: The growing awareness of climate change and the urgent need to reduce greenhouse gas emissions drive increased demand for clean, renewable energy sources like solar power. Solar installation companies play a crucial role in addressing the environmental crisis by providing sustainable energy solutions that mitigate carbon emissions, reduce dependence on fossil fuels, and promote environmental stewardship.
These global issues directly affect a solar installation company and its projects in several ways:
Technology Adoption: Companies must invest in research and development to adopt new technologies, improve energy efficiency, and enhance the performance of solar installations. This includes advancements in solar panel efficiency, energy storage solutions, monitoring and control systems, and grid integration technologies.
Market Positioning: Competition in the solar industry necessitates strategic positioning to differentiate the company’s offerings and value proposition. Companies may focus on niche markets, develop specialized expertise, or offer unique product features to gain a competitive edge and attract customers.
Regulatory Compliance: Changes in government policies, regulations, and incentives for renewable energy can impact project feasibility, financing options, and profitability. Solar installation companies must stay informed about evolving regulations and ensure compliance with local, state, and federal requirements to avoid legal and regulatory risks.
Environmental Responsibility: The environmental crisis underscores the importance of sustainability and corporate social responsibility in solar projects. Companies must prioritize environmental stewardship, minimize ecological impacts, and adopt eco-friendly practices throughout the project lifecycle, from design and construction to operation and maintenance.
Overall, navigating these big global issues requires solar installation companies to remain agile, innovative, and adaptable to changing market dynamics, technological advancements, regulatory landscapes, and environmental imperatives. By staying proactive and responsive to these challenges, companies can capitalize on opportunities, mitigate risks, and contribute to a more sustainable and resilient future through their solar projects.
In the world rapid and economic degradation…I think it is necessary to keep adapting to new technology and new ways people thinks
Technology has in all ways made workforce easy in terms of communicating with stakeholders,clients and customers through social media platforms . meetings can now convinently hold from the comfort of our homes and countries without having to travel for a board meeting.Technology has helped project work faster than it used to be before.
Environmental crises may occur due to climate change which will disrupt the proper project plan but Technology has in a way ease the tension of getting to wait and postpone initial plans hence communication through the internet has helped with meetings, Trainings and other important parts of the project.
Onaivi fidelia ozavize
Team 10
In a world that is constantly changing and becoming more complex, it’s important to understand how these factors like competition, technology, and social change might affect your organization and the success of your projects. For example, let’s say you’re working on a project to launch a new product. You might also want to consider how the environmental crisis could affect the availability of resources, or how it might impact your supply chain.The environmental crisis can lead to a number of different impacts, from increased costs to disruptions in supply chains. New technology can often lead to increased competition, as organizations try to stay ahead of the curve. Social and political change can also lead to shifts in consumer behavior, which can affect how organizations plan and execute their projects. . All of these factors can have a significant impact on an organization and its projects.
Rapid technological advancements constantly reshape industries, requiring organizations to adapt quickly to stay competitive.
Projects may need to incorporate emerging technologies to remain relevant and efficient.
Technology disruptions can affect project timelines, budgets, and deliverables.
Competition:
Globalization has intensified competition, forcing organizations to innovate and differentiate themselves to survive.
Projects may focus on strategic initiatives to gain a competitive edge, such as product development or market expansion.
Competitive pressures can influence project priorities, resource allocation, and decision-making processes.
Social and Political Change:
Societal shifts and political instability can create uncertainties for organizations, impacting market conditions and regulatory environments.
Projects may need to adjust strategies and plans in response to changing social norms, government policies, or geopolitical events.
Social and political factors can influence stakeholder expectations, project risks, and stakeholder engagement efforts.
Environmental Crisis:
Climate change and environmental degradation pose significant risks to organizations, including supply chain disruptions, regulatory compliance challenges, and reputational damage.
Projects may need to incorporate sustainability practices and risk mitigation strategies to address environmental concerns.
Increasing focus on environmental sustainability can drive innovation and create new business opportunities for organizations
Technology as been a great impact in all our day to day activities, it helps in time management and meeting up with some of meetings in a way you cant be available physical but can communicate in a meeting via different means
Technology has help me in lots of positive ways, I can now have meetings on line with stakeholders and team members, I can schedule and do online trainings help in project execution and research even into unknow topics which can help in knowledge building.
Technology:
Rapid technological advancements constantly reshape industries, requiring organizations to adapt quickly to stay competitive.
Projects may need to incorporate emerging technologies to remain relevant and efficient.
Technology disruptions can affect project timelines, budgets, and deliverables.
Competition:
Globalization has intensified competition, forcing organizations to innovate and differentiate themselves to survive.
Projects may focus on strategic initiatives to gain a competitive edge, such as product development or market expansion.
Competitive pressures can influence project priorities, resource allocation, and decision-making processes.
Social and Political Change:
Societal shifts and political instability can create uncertainties for organizations, impacting market conditions and regulatory environments.
Projects may need to adjust strategies and plans in response to changing social norms, government policies, or geopolitical events.
Social and political factors can influence stakeholder expectations, project risks, and stakeholder engagement efforts.
Environmental Crisis:
Climate change and environmental degradation pose significant risks to organizations, including supply chain disruptions, regulatory compliance challenges, and reputational damage.
Projects may need to incorporate sustainability practices and risk mitigation strategies to address environmental concerns.
Increasing focus on environmental sustainability can drive innovation and create new business opportunities for organizations.
Overall, organizations must carefully navigate these global issues to mitigate risks, capitalize on opportunities, and ensure project success. This may involve proactive strategic planning, stakeholder engagement, risk management, and ongoing monitoring and adaptation to changing external factors.
Technology has facilitated research and development efforts, making projects easy to carry out.Environmental issues such as climate change and pollution pose risks to carrying out projects effectively and efficiently.
Technology as made things so easily including life itself, technology helped with making online classes possible to taking studies in places you’d never dram of going to and meeting people online
It helps with online sales which has proved very effective coz it brings people closer to us and reaching a large customer base
Technology have been of great help to me especially in the class room where the notes and the lesson plans are handy in the system. also the use of audio visuals in bringing to issues closer to the learners are also great feats which cannot be over emphasized
The impact of technology has really help my field of work. Using laptop, computers, projectors foe teaching and also online classes. And competitions too, different school are trying to introduce new things for the betterment of the school so making my school to look for ways to be outstanding.
The covid-19 pandemic and the never ending social and political unrests going on in the world, although devastating, has brought about heavy reliance on technology. Things that were thought impossible to accomplish are now being done with the advent of technology.
It has made it so much easier and also enhance competition amongst projects managers.
The advancement in technology has brought positive impact in my field of work, in making work easier and faster.
The impact of technology on my organization has been very positive over time. At a point, there were challenges in the aspect of engaging the services of technologically inclined people as only a handful of the employees then could handle some of the ICT gadgets needed for the project at inception. The organization had to engage in a series of trainings to upgrade both the old team members and the newly engaged ones.
The organization was faced with serious competition from the existing company which also carries out similar tasks as ours.
Socio-political change has been a major setback as this period is characterized by unrest, communal crisis, and insecurity.
The points stated above contributed to loss of man hour which posed a major threat to the time target for the project.
Technology, competition have a major impact in my organization especially the kind of changes it brought alongside but the ability to streamline these changes in our operation and standards makes us better.
Technology updates everyday and can bring about change{ change they say constant so must try and adapt to the changes that might come our way during the project . so its important for project manager to be able to adapt to any change .
Political climate can change at any time because any new governace comes in with their own rules there by creating a change in the sector
Change can be stressful for employees, and it’s important for project managers to consider the impact of change on employee morale and engagement.
And with technology Projects can be done with ease
New technology, has in no small measure, brought about a huge change in the way tasks get accomplished, all this stem from competitiveness of various companies that drive the technological change. the advantage of this competition, is that it gives room for one to make a choice of what best fits, or apply to the individual or organization, and also to work within one’s affordable budget. in no small way has technology also helped in shaping the way time is managed, as it helps in reducing the amount of time wasted on a task.
one of the disadvantages of the new technology, is that not everyone has access to it, and incorporating it to workers or team members job schedules, could be a daunting task.
political climates, are very uncertain terrains, which changes at will without notice, this is a very common occurrence in developing nations and also a huge determining factor for any project. Key issues like these, really affect the scope of work and deliverables.
The emergence of technology has undoubtedly increased the output of our everyday work in some areas, Narrowing it down to project management, we couldn’t have gotten a job done fast enough without the advent of those sophisticated equipment.
Also getting the hands of the stakeholders on deck, especially those fully involved in the project is very pertinent and given them the avenue to be familiar with the technological trends that will improve the the overall output is very necessary.
The effects of technology, environmental emergencies, social and political disturbances, world-wide trade and competition cannot be overemphasized in today’s world.
1. With technology in all sectors, projects can now be done with ease but, it has also created disadvantages in every sector e.g. students now focus more on the media with the availability of smart phones rather than making efforts to study, workers in organizations are being laid off with the availability of machines etc.
2. Projects now require high budget to be carried out due to poor government policies leading to inflation, This has made several projects to be done with less quality thereby, jeopardizing the reputation of firms.
3. Climate and irregular weather changes has contributed to strict government policies. These are now affecting projects and project managers in their decision making. Also, stiff competition from opposing firms is one of the factors affecting critical decisions such as project negotiation, implementation and profit of most firms.
However, project managers now need to be on their toes and plan properly with the project team so as to make use of technology in a way that will suit their firms. Also, effective communication and contingency plans need to be devised to combat possible threats posed by environmental, government, and social changes.
Well in this world we should know that change is occurring things
Which are technology, politics and more
So as a project manager we should always be ready for change and be ready to adept to any situation to ensure the success of the project
New technology has created opportunities for people, companies, and industries and improved product and service quality.
Political change affects jobs,
where there is a change of administration, jobs and contracts are awarded to another set of people or workers.
Change is constant, so project managers should be able to adapt to all types of challenges and be able to deliver products to satisfy his/her clients
Technology change has brought positive impact in my work, making work easier and faster.
New technology have created opportunities for people, companies and industries and also improved quality of products and services.
Political change affects jobs,
where there is change of administration, jobs and contracts are awarded to another set of people or workers.
Change is constant, so project managers should be able to adapt to all type of challenges and be able to deliver products to satisfy his/her clients
Political change affected a job we were to commence just weeks before the change of administration in 2023. The job was put on a halt and eventually it was rewarded to another contractor.
In another scenario we had quoted for a Job and it wasn’t awarded till the following year, and like the new popular saying in Nigeria, ‘today’s price, isn’t the same as tomorrow’s’. Prices of materials had gone up over 60% and we had to have a contract review which didn’t go down so well with our clients .
The rapid change that is happening in the technology industry has done nothing but affect my organization positively as it has opened so much more doors and created room for more opportunties . Thanks to these changes, I am able to learn more and advance exponentially in my skills .
Advancements in technology have created opportunities for my industry (energy) to improve efficiency, productivity, and quality of products or services. Embracing new technologies has led to improved efficiency and better results.
Increased environmental/safety regulations and sustainability standards has made my industry to adapt their operations to minimize environmental impact and to work in a safer environment.
Shifting social trends and increased awareness has led to increased engagement with host communities for a sustainable relationship that is mutually beneficial.
Daily, life throws complications at us and all we can do is manipulate them to our favour. Like they say, change is the only thing constant.
As a journalist, major global issues like technology, competition, social and political changes, and environmental problems stare me in the face in the course of my duties; but thanks to our policy of knowing a bit of everything, we get by.
1. Technology is in perpetual advancement and only the smart can catch up. Changes occur in gadgets, tools, systems, apps and softwares, and paraphernalia that can help deliver daily tasks. The latest is Artificial Intelligence (AI).
2. These technological advancements breed competition. Colleagues will devise new ways of getting their jobs done faster and more efficiently. Once you get left behind, it’s hard to catch up.
3. Social and political changes involves government policies that may hamper or improve work flow. These policies may either blossom or kill economies and businesses. Example, the Twitter ban in Nigeria in June 2021 hampered work flow, because the bird app remains a major source of information and story leads in the jet age. How we survived..? We installed VPNs on our devices.
4. Environmental problems like climate change, unsustainable lifestyles, food shortages, etc also contribute to complexities at work.
Project Managers must develop resilient skills to navigate these challenges and deliver on projects to the satisfaction of their clients and stakeholders. Adaptability is the key word.
Technology
it has positively affected my project management and our firm as it was a key factor for driving success during global crises like the COVID lockdown.
Competition
The market is always and ever competitive but we see this as an opportunity to innovate and do something better than everyone else, we do not see competition in a negative light.
Social and political change is something we anticipate and plan for in every project, we consider how it can affect the project, the risks, and the opportunities. This way we do not get taken unawares and affect project delivery.
The positive effects of technology on society are extending the life span of people, increased productivity through the inventions of machines which makes work easier. Also competition has impacted my organisation by helping us to stay grounded when it comes to the services we render
We need to understand the world around us because, change is a constant phenomenon. Change affect the project itself and the people involved in it. It is important to take considerable look into these changes and adapt where necessary.
There’s always a saying THAT *CHANGE IS CONSTANT AND INEVITABLE* ever since the invention of technology the world has benefited so much with this invention it helps the world and people in it perform tasks at a faster pace and it make information go viral.
There’s a saying that change is constant and inevitable. No matter the circumstances, change will always bound to occur. That is why a good Project manager should also be a forecaster. In a world where there would always be some external factors which global change is among them, it is ideal to be anticipate what could go wrong during a project and sometimes some changes are unpredictable but project manager should be able to quick resolve and difficult external changes that would bring effect on a project. So, the reaction towards the changes would determine whether the effect of changes would be positive or negative at the completion of the project.
Global issues like technology, competition, social and political changes, and environmental problems.
Technology has advance so much that aside from the knowledge gap, there is a need to transcend with the movement so one would not be left out as a PM. It is either you follow the trend or you go obsolete in the traditional method.
Political change is also a major factor to consider in terms of new policies being made. Policies affect the way things are done, if we don’t pay attention to policies, we might fail or waste resources and time.
There is serious market/global competition, unlike years back. We have tools now the make thing more competitive, unlike before people are open to AI tools, application online that give them information on what to do.
There are environmental problems that affect global way of doing things. A good understanding of the project environment is important for effective project.
The world as we know it is battling with so much complexity ranging from global warming, to food shortages, drought, war ,political upheavals, insurgency, terrorism and the likes and all these affect organizations worldwide especially if an organization is caught between the crossfire of where these issues occur. As a project manager one has to adapt to these and make changes where necessary.
Understanding the world around us is key as it keeps changing and this changes affect the project itself and the people involved in it. It is important to take considerable look into these changes and adapt where necessary.
There is a wave of change happening in the world at large in the technology world and if you don’t catch up you will be left behind. Every organisation who is willing to thrive should be looking at how to incorporate technology into their daily activities for sooth running.
As political changes occur, there is an outburst of new policies and sometimes new economic reforms which might either make the economy better for business and project to thrive or better still disrupt their chances of good success. All these issues affects all organisations and they are complexities that we have to navigate really well to success in any given project.
Social and political changes have a great impact on the economy of a country which may bring about inflation of prices of commodities and raw materials there by affecting productivity of firms and organizations.
I work in an agricultural sector and the current inflation we are facing presently, is the reason some farms and agribusinesses are folding up or out of business.
No condition or situation is permanent. As such change is a very important element in life in general and should be considered and integrated in every steps of the like cycle. Hence the necessity of being flexible, nurturing the ability to adjust, adapt, accommodate, compromise at times. Radicalism can’t be a good way of seeing things for a project manager.
Change is inevitable, change happens to everybody and everything on earth. So an organization should adapt to progress or evolution. COVID changed the working ethics of most organizations across the world from working on-site to working remotely and the world adjusted to it. Technology makes working remotely stress-free and easier.
Technology has made it difficult to want to stay traditional as there are lot of new ways to get things done, things are advancing and changing rapidly and the end users of every product are on a fast pace to catch up with the trend.
so as an organisation you can not stay rigid in such a world, if not you will be left behind. its okay to stay original but you have to keep innovating so as to stay relevant.
Technology
In my field as a Virtual Assistant, the typical tasks being performed include scheduling appointments, making phone calls, making travel arrangements, managing email accounts, and completing tasks that might require using some software and tools. Technology has helped us become more innovative, we look for tools or apps that can help us collaborate and deliver work or projects more efficiently.
competition
When it comes to competition, these days we have different types of artificial intelligence (AI) tools that can understand and respond to client problems as well, this is a big issue for my organization and that is why we stick to continuous learning and improving our skills to remain relevant and needed in the industry.
Social and political changes, environmental problems
These factors affect different organizations in different ways. As a project manager, it is important to understand the environment before even starting a project. Knowing government policies, political structure, and environmental conditions is essential to a successful project. Getting this information and communicating it to the right people could help cub whatever challenges that might arise.
In my organization, the rapid pace of technological advancement affects our projects by constantly evolving the tools and platforms we use, requiring us to adapt and stay updated to remain competitive. Globalization influences our projects by introducing diverse perspectives, markets, and potential collaborators, but also increasing competition and regulatory complexity. Social and political upheaval can disrupt supply chains, market dynamics, and stakeholder relationships, impacting project timelines and resource allocation. Lastly, the environmental crisis prompts us to consider sustainability and environmental impact in our projects, influencing decisions on resource usage, product design, and waste management. Overall, these global issues shape the context in which we operate, impacting project selection, planning, and execution strategies.
Technologies, competition, social and political changes.
Technology has to to a high extend improve the time project are delivered. Jobs that 10 people will take 3 days to get do e can be handled by an individual within hours.
Social and political crisis in the other hand affects projects due to change in government… And change in government policies.
Climate also can cause either delay or complete a complete change in approach of how a job should be delivered. An example is flood, destroying or causing delay.
Technological advancement in the globe is dynamic. With the rate of advancement in technology, the way projects can be delivered is different.
Social and political changes can mar or positively affect the delivery of a project through economic reforms, policies and regulations.
Environmental Issues such as social unrest, war, pollution, flooding and natural disasters can affect the execution of a project.
When talking about project management, there is the need to be able to adjust to trends and evolutions, and so a PM must be able to embrace technologies. These Technologies may have a positive effect wish may favor you, else, as a PM, you make strategies to make sure that it favors you.
Also, political crisis may affect too, in the sense that new laws and policies may have negative repercussions.
Environmental influences too, there may be a virtual meeting to make the project grow, but weather and climate may cause a low or poor connection in service thereby causing a lag in the progress
Changes in political stability and legislation can in many ways may affect the design, process and implementation of a project.
New laws may favor or derail a project, social instability may render projects unimplementable.
Natural disasters such as floods, fires and harsh climate patterns may affect communication, productivity or even lead to distruction of key facilities used in a project.
The list is long, includes a very recent coroner pandemic that altered how business is conducted in many ways.
When talking about technology, every PM or organization must embrace technology, in fact you can imagine a work to be done manually in three weeks with 30 man force, with help of technology it can be achieved in few days…
Social and politcal crisis: this can affect a Project or organization by government introducing new policy which may not be favorable to the organization but they must abide by the law or policy which government have enforced…
Environmental crisis: this can be in form of
climate change,depleting natural resources etc
which can as well lead to loss of employees,loss of resources,loss of product, profit
When talking about the global issues, they are like the macro environment that affects every organization..
Talking about technology,Change in technology affects how organizations will do business and how project will be done.Technology influences the method use to make research in a project and develop new products for an organization. When a PM or an organization focus on an old or low technology,it can make work not to get faster .
Social and politcal crisis: this can affect the organization or project in such a way that governments can decide to release a policy which the organization and project manager has no power over. In this case, any project that has started or yet to start must pend and this can even affect the successful of the project or organization.
Environmental crisis: this can be in form of
Pollution, climate change,depleting natural resources etc which can as well lead to loss of employees,loss of resources,loss of product, profit etc. which can affect a project in an organization.
In my case, technology has impacted positively in handling projects. The invention of new industrial machines with all calibers of innovative designs is a great relief in the fashion and design industry.
Negatively, social and political disturbances has caused more harm than good. Clients now distinguish who to contract base on social and political differences which include religious belief especially in a region like Nigeria.
There are also complex issues like environmental crisis. To everyone, safety of life and property is the greatest priority.
These can be tackled base on the quality of service you render, customer/client relationship and meeting required deadline.
Many companies do face big global issues such as technology, competition, social, and political changes which determines whether a company will succeed in the marketplace and gain market share for them to exist. All these changes will affect each company differently, whether a positive impact or a negative one. A company who is able coup and knows how to deal with all these issues, will succeed in the market place. Rapid technological changes may require constant adaptation. Cybersecurity threats and the need for up-to-date skillsets can pose challenges to your organization. Increased competition may require constant efforts to differentiate your organization or projects. Market saturation and price wars could affect profitability. Social and political instability can lead to uncertainties and disruptions. Changes in regulations may require adjustments to your projects or business model.
Organizations are ideated on concepts and values that drive their existence, and this existence is not immune to the complexities whether social, economic, or technological inherent in the system. It is these complexities that would make or break a project. The Project Manager must play the moderator through a combination of technological and soft skillset to ensure the survival of any project, and its offerings of the expected deliverables within the allocated budget and timeline.
Navigating these global issues such as technology, competition, social and political changes requires strategic foresight, adaptability, and proactive management. By staying informed, embracing innovation, and integrating sustainability into your organization and projects, you can mitigate risks, capitalize on opportunities, and drive long-term success in a rapidly changing world.
Undoubtedly, nothing is static in this world. More especially in a world of today which is driven by technology, the pace at which changes happen is beyond imagination. Also, the current trend in global political crisis and unrest has caused serious problems for businesses operating both locally and globally.
Again, we cannot speak without mentioning the human factors creating environmental havoc in our present world. All of these factors have brought disruptions to businesses.
I could remember vividly when a government policy disrupted a project i was executing for a client in 2014. This policy affected the schedule and budget of the project so much that the sponsor almost gave up on it.
As a PM, it is important to understand operating environment largely before even starting a project. Information is key! Get every bit of information that you could as it relates to government policies, community relations, political structure, environmental condition, etc.
A PM should bear in mind that obstacles would arise in the course of the project and create adequate risk factors.
Pro-activness, collaboration and effective communication are other ways a PM could help to minimize disruptions in this current complex world.
Regards.
As a civil engineer, global issues like technology, competition, social and political change, and the environmental crisis can significantly impact my organization and projects in several ways:
1. Technology: Advancements in technology can introduce new tools and methodologies that can improve efficiency and accuracy in your projects. For example, Building Information Modeling (BIM) and Geographic Information Systems (GIS) can enhance design and planning processes. However, it also requires continuous learning and adaptation.
2. Competition: Globalization can lead to increased competition, both from local and international firms. This could affect bidding on projects, requiring your organization to demonstrate superior value or specialization.
3. Social and Political Change: Changes in social attitudes or political policies can influence the requirements and constraints of your projects. For example, new regulations related to safety standards might necessitate changes in your project plans.
4. Environmental Crisis: The growing focus on sustainability and the impact of climate change can affect the kind of projects you undertake and how you execute them. There might be increased demand for green buildings, or projects might need to account for changing environmental conditions like increased flood risk.
All the these factors affects every project.
Businesses and organisations operate in a dynamic and sometimes turbulent environment Factors that are usually prevalent are:.technology, competition, social and political change, and the environmental crisis. What is paramount to managers given the above inevitable changes in the social and economic environment is information. Information is key to managing changes and concurred with the statement credited to the former Israeli Prime Minister which stated undoubtedly that the man with the most information tends to be more successful. Today, keywords such as Just-in-time(JIT), Quick Response (QR), and Artificial Intelligence (AI) are playing a key role in helping managers manage changes and execute projects even in a highly turbulent and complex environment Technology brings about changes that help increase the level of competitiveness while easy access and quick response to vital information, research and analytical skills helps managers to be on top of complex changes in the socio-political environment. COVID-19 was a global health challenge that shocked the whole world and put businesses and governments into crisis. In my school, we took advantage of technology, collaboration, teamwork and effective communication to blaze the tide.
Technology and competition can affect the quality, social and political could impact on the scope and budget, while environmental crisis could all aforementioned components including the timing
Therefore, all these must be considered during the risk and impact assessment of any project at any given time and possible solutions must be proffered ahead of the exercise
All these affected Organization and project execution.
Technology and competition play a vital role in every day organization, in construction that i’m in technology help with competition, in which big construction companies get more project than they small ones because they have the equipments and technology to carry out sophisticated project and complete it on time.
While political changes too play a major role as a change in government as we already have in Nigeria is affecting the price of cement and iron which is affecting projects all over the country.
new technology, worldwide trade and competition, social and political disturbances, and the environmental emergency.
new technology which change every day affect the implementation of the project since the team need to cope with the new technology employed, this requires time, money and delay of the implementation of the project hence high cost of project implementation.
worldwide trade and competition. globalization brings pressure and competition onto the projects wherever it is being carried out since it is very easy to access different information and products that are similar to the one provided in a certain project. this might result in pressure, failure and termination of the project. this requires a PM to always observe and updated such that he/she has all information of what is happening all over the world.
social and political disturbance. this factor can hinder the implementation of the project as long as political and social situation changes like when there is a problem of insecurity or political conflicts between different parts.
however all mentioned factors can either affect positively or negatively.
The nature of the competition faced in an organisation or its services, and financial resources available within the economy affects the organisation or its projects.
Also, new approaches to doing new and old things, and tackling new and old problems; these do not necessarily involve technical equipment – they can be novel ways of thinking or of organising.
Globalisation and technology impacts every field differently and cannot be over emphasized how technology has made project delivery seamless just from the comfort of your office, government policies however could impact positively or negatively depending on the the constraints it might pose to ones project delivery in terms of financial capacity.
Project management are affected by all of these factors that why you one has to be flexible and be updated
During the COVID LOCKDOWN which restricted international flights to all countries, so many projects were stalled while others utilize available service providers within the country to complete their projects and start production of the goods.
This was a big milestone for service providers that completed projects that were halfway done and new projects from scratch saving money (FX) for the factory owners.
Project management are affected by all these factors that why you must be flexible, open to information.
Certainly, the Organization I proudly belong to, the Nigerian Air Force would be impacted by these global issues.
Technological advancements may affect aircraft capabilities and maintenance requirements.
Increased global competition could influence defense strategies and partnerships.
Social and political changes may shape mission objectives and international relations.
Environmental problems could impact operational conditions and resource planning.
It is crucial for the Nigerian Air Force to adapt and collaborate to navigate these challenges effectively.
Competition can affect project positively and negatively. Competition often motivates project managers to become more focus and committed to achieve set goals. Competition can sometimes drive project managers to compromise on ethical standards.
Technology affected project, cos most people bow use modern technology at their place of work to manage and organize their projects
Without necessarily needs of projects manager
Technology especially affects projects because of the ever changing changes always brought in board. Government policies and environmental crisis also plays a big role to affect project operations and management.
The impact of various governmental, environmental, social, political and global changes can greatly affect how organizations and the projects of a project manager. The advent of new technology, political disturbances can directly or indirectly force organizations to change the type, location and framework of projects they would embark upon, as factors such as AI, climate change could impact the projects of a project manager.
Governmental policies and climate change can also affect the inflow of currencies .Diplomatic relationship between the ruling government is a relative contributor to this issues. Competitors leverage on this factors thereby leading to limited growth and virtually any organizational project can be affected by this factors.
Almost all the projects are affected by these factors.
I work as a project manager in a farming concern and we deal with small holder farmers, aggregators, large input supply companies and even the government as major stakeholders in our project. Our project is heavily affected by these critical stakeholders and other global affairs as the world changes rapidly all around us.
For them to be categorized as global issues, there is no way that more than one or even all can affect the objective of a project.
All these factors affect every project. Be it as it may, most projects surfer from all these factors listed
As a project manager in Nigeria, political changes stand head and shoulders above the others mentioned when it comes to impact in project management. government policies regarding FOREX makes it extremely difficult from a cost point of view as you transition form forecasting for project justification and approval to actual execution. I find that its a struggle to stay within budget because of the volatility of the currency.
Technology has come a long way to affect proper delivery of a project in terms of local level,since after the Covid. It is difficult to convince them of the use of electronic devices for transactions. Also with the rapid increase in cost of materials,getting to convince a customer of the change in price is the most challenging part.
I work as a farm manager where we produce catfish in a Large commercial quantity. And the most complex and difficult aspect , is dealing with price hikes in cost of feed materials which invariably comes back to the off takers and consumers . The most challenging aspect is getting the customers to accept the changes in price especially with the high level of competition in the industry.
I work in glass fabrication and installation and the method of project delivery is waterfall. There really is no way of iterating the process as each step is dependent on the completion of another step. we have to survey, then submit sizes for approval before we can commence production and then finally installation. technology is big in this process, however the process still remains waterfall.
Technological advancement and competition were a complex challenge for me when I delved into a project in Agriculture. Having to deal with rural and local farmers who have little to no education, it was difficult to come up with a tech system that suits their level of education and is comprehensible for their usage. It was even more difficult when I had to contend with experienced competitors who had spent years in the agro-business. So we realized with my team that, devising a USSD and getting the educated youths to explain the functionality to the farmers in their local languages was the best way out for us.
Technological advancement Can affect the Projects An Organization embarks on for example it can enhance the smooth delivery of Projects and their effectiveness.Competition Social and political changes as well as environmental problems all play a role in Determining the successful completion of Any project.
Technological development and advancement have created changes in methods of operation, especially in companies and industries.
Adaptation to these changes have aided the evolution of companies to match the present need of their clients.
Technology advancement has a great effect on any organisation, which helps to promote fast and easiest way of achieving any organisational products. The crisis on this aspect is that the more available machines you can avoid the more the organisational growth. With inclusion of competitors out there brings more additional limitations to the growth of the firm. Governmental policies and the climate change can also affect the inflow of currencies and lot more. For examples at my area, some of the forest had been sold to the some Chinese private organisational, why because they have some technological advancement tools which was why they were able to won the contract against the peoples of the locality who had been using the forest as a means of survival. Diplomatic relationship between the talked Government in power, can also be related to the issue. So all this crisis cannot be overlooked
Technology advancement in our world today has huge effect on the way we do things. It calls for training and retraining for a project manager to remain afloat with trends.
Competition can affect project execution from costing to quality.
Political and environmental changes can as well affect projects. For example, areas of political unrest will have a toll on a project on the part of the project members and sponsors.
Areas prone to environmental hazards may also pose a treat to a project due to safety of project, team, sponsors and the project itself.
The emergence of COVID19 made most offices structured with on-site work structure review, imbibing either hybrid or remote work mode and hence further allowed for people with desired skill set to work for organizations that are far off in other countries and or continents.
I can identify with technological advancement as a student. The COVID period made most schools integrate the use of online meetings to progress with learning which was not an easy transition.
Innovations in technology coupled with the COVID-19 breakout have changed how the world works. It has given rise to Edtech and changed the corporate outlook of work. A digital project team can literally work remotely without the members knowing themselves. It has also increased work efficiency and reduced some physical costs.
Technological innovations are also making waves in the environment. There is a rise in the awareness for Green tech. Any project you take on must be viewed with environmental lenses. It’s contributions to environmental sustainability cannot be compromised.
This has affected the kind of projects that organizations take on. For my organization, we take on mostly digital products and hence our work is remote.
THINKING ABOUT COMPLEXITY.
One can always identify technological advancement as a Project manager and Apply the skills appropriately.
We had some challenges in the organisation recently with some colleagues’ limited knowledge of the use of a computer.
After much struggles with transitioning from crude paper work to automated documentation and IT efficiency. With effective communication, The Team were able to learn together in brainstorming and was able to advance the cause of the project.
Thank you for your time
To fit in to changes in the world of technology, you must be flexible, open to information. Unlearn and relearn this helps to handle complex changes.
We are in a VUCA world where technology has evolved and reshaping every activities in a well productive way with different project management tools, we are only going to be competitively ready, if we embrace the change i.e. social, political and environmental by following new trends and encourage best practices, Organization now needs to build and embrace a forward thinking company culture to stay competitive
As a Project Manager responsive and adaptive change to technology, the environment, society, and Political situations is critical as they will shape how and how your project will be executed.
Technological, environmental, societal and political changes are the major external factors that can make or mar any organization. however, it is imperative for project managers to change and possibly adapt with global trends If they are to be successful
As a project manager, global issues like technology, competition, social and political changes, and environmental problems deeply influence our organization and projects. Technological advancements shape project approaches, intense competition affects resource availability, social and political shifts impact stakeholder dynamics, and environmental concerns influence sustainability considerations. Navigating these influences is crucial for successful project outcomes.
Managing projects in a complicated, ever changing
world is very critical.
Technology is improving and changing everyday. It is paramount that one learn and improve on a daily basis in that line.
Competitors are always around meaning one must be on ones toe. Always moving ahead or else ones organization will be pushed aside.
Global trade in the face of foreign exchange when Naira is unstable is a major crisis for project managers. Bearing in mind that Budget must be met.
International trade laws. Some of these are unfavorable for the progress and profit making of organizations.
Government Policies are affecting project managements. Some policies are made that opposes the progress and profit making of the organization.
In the last administration of the head of the CBN, some decisions were made that really had a negative impact on the organization I work in. It really cut back huge amount of money which would have been accrued to the company as part of her profit.
It is a complex world that as a Project Manager one must respond to in a very effective and efficient way to make a good and profitable headway.
For my organization, competition, social and political changes are the major drivers of change. In that, the dynamics of communicating with customers/consumers evolve based on the social or political issues being addressed at that point in time, as well as how the competition is reacting to these changes.
Complexity can be managed when team collaborate effectively.effevtive communication and not assuming will clearly help define some uncertainty .
There are innovations that border with technologies in my field and there’s the need to constantly improve so as to stay competitive. The competitors will not wait for you to level up, hence there’s the need to constantly push your boundaries. Our social and political sphere is volatile and there is the need to constantly make drastic but informed changes.
I can identify with technology advancement as a manager. In my organisation, i was recently challenged with my colleagues’ limited knowledge of the use a computer. i struggled with transitioning from crude paper work to automated documentation and IT efficiency. With effective communication, we were able to learn together and advance
As a PM with an IT background in software testing, and Learning to work independently Lottery company, i believe we can be on the center if you seek out other options to help us makes more sales and gain attraction in the market space, from User-friendly agent app, to commissions and Aggressive PR which i believe will increase sales.
Competition: Requires strategic resource allocation and encourages global collaboration.
Technology: Advances enhance firefighting capabilities and data-driven decision-making.
Social/Political Change: Influences community engagement, diversity considerations, and policy adaptation.
Environmental Crisis: Alters disaster dynamics, prompting sustainable practices in safety projects.
Change is constant in the world, to stay on top PMs have to change along with the complex and changing world. We need to be current on latest innovations and technologies in our field. Constantly searching for smarter ways to deliver the project with good speed and better quality.
Also we need to frequently review our potential customer’s need and their definition of quality as it changes with time, then prepare to beat their expectations. We can also leverage on our existing customer’s experience to know where we need to adjust and improve with the latest technologies.
Apart from the project implementation, there are two sides of a project we also need to improve;
1. The Business: This is the part of the project that focus more on the profit that comes to the organization from the project, and we must consider it and improve on it as we change with the changing world.
2. The Politics: There is always a political side of the project. There are people who are not part of the project but they wants to take the credit. Most of them are powerful politicians that can stop the project, some of them demand visit in “kind” before the project is lunched or completed. We need to understand the political atmosphere, find out what has changed, and play along legally.
Just as it was earlier said, changing ecosystem demands a change in our approach. If the nation is at way, our projects will definitely stop or we strategically adopt a project to support the war in building weapons of destruction, etc. Our environment determines our decisions and steps to be taken.
Collaboration, adaptability, and a forward-thinking approach are essential for Fire Services to meet the challenges posed by these global issues.
Big global issues, including technology, competition, social and political change, and the environmental crisis, have significant implications for the Fire Service and relevant safety projects in the following areas:
1. Technology: Advances enhance firefighting capabilities and data-driven decision-making.
2. Competition: Requires strategic resource allocation and encourages global collaboration.
3. Social/Political Change: Influences community engagement, diversity considerations, and policy adaptation.
4. Environmental Crisis: Alters disaster dynamics, prompting sustainable practices in safety projects.
Adaptability and collaboration are crucial for Fire Services in navigating these challenges.
Thinking About Complexity, as a facility manager, the rapid and unpredictable changes driven by these global issues, new technology, globalisation of trade and competition, social and political upheaval, and environmental crisis, significantly affect my organisation and projects in several ways:
1. Technology: Advancements in technology impact facility management through automation, smart building solutions, and the need for digital infrastructure, requiring adaptation and investment to remain competitive.
2. Globalization and Trade: Increased global trade and competition may impact procurement processes, supply chain management, and regulations, requiring a broader understanding of international standards and practices.
3. Social and Political Upheaval: Social and political changes can influence workplace dynamics, employee safety, and regulatory compliance, necessitating flexibility in managing diverse workforce needs and ensuring security measures.
4. Environmental Crisis: Environmental concerns impact facility management by driving sustainability initiatives, energy efficiency standards, and the adoption of eco-friendly practices, influencing building design and operations.
Adapting to these changes involves embracing innovation, staying informed of evolving regulations, fostering resilience in infrastructure, and integrating sustainability practices into facility management strategies.
Personally, these global issues like Technology, Competition, Social, and Political changes, Environmental problem, and other underlying issues impact my organisation, and Projects to be specific.
I was privileged to start writing as early as 7 years old, and I knew how to captivate anyone’s mind by painting pictures with my pen, but as I grew, my narrative about writing was shaped, most especially when I got involved with Projects that had deadlines.
I discovered being talented wasn’t enough to secure sales, because the world buy from people with persuasive words, and not people who spoke like English Scholars.
I decided to rely on Technology -Ai to help me in this but it only got worse with my Projects.
I was reprimanded despite being so verse with stuffs related to writing.
I had to take up a Copywriting course, and also followed up with testing my skills.
At first, I felt pressured and manipulated into thinking my writing was crap as hell, until I discovered that I needed more work to do on my skills.
My Competitors weren’t waiting for me, and so I had to keep developing myself.
I got a sense of relief when I made my first sale from just manipulating words to fit into my audience mind, until it got tougher with people who don’t fall for sweet-words.
I had to go deep into research to outsmart my competitors.
And when the projects became impossible to sleep, I discovered my competitors were strategically using AI without getting noticed or punished by the algorithm of Google and the likes, making them faster, and more efficient.
That helped me in delving deeper into related courses on how to manipulate prompts into Ai and tweak the results for an effective sales copy that carry every emotion and feel
I must say the experience is quite overwhelming but adventurous
Considering the discussion concerning the impact of the values and norms on the Ethical and Environmental Considerations of running Projects for MTD Company, I saw through Customers satisfaction, from the more revenues Generated by MTD
The world is changing in different aspect and most important in the area of technology which has impact on my working area and since we pioneer agile working we had to use computer more compared to seeing client f2f because updating record became most paramount. Politics has brought more issue that is affecting both the economy and the wok we do which makes it vital for a project manager to understand all aspect to help a project manager deliver successful outcome of a project.
Technology advancement in our world today has huge effect on the way we do things. It calls for training and retraining for a project manager to remain afloat with trends.
Competition can affect project execution from costing to quality.
Political and environmental changes can as well affect projects. For instance, areas of political unrest will have a toll on a project on the part of the project members and sponsors.
Areas prone to environmental hazards may also pose a treat to a project due to safety of project, team and the project itself.
Everyday technology keeps evolving. There is constant change in the way things are done. Competition bring the birthing of creativity as you have to constantly keep thinking about new ways of doing things to remain competitive and be above your peers in the same industry you find yourself and of course we cannot leave political, social and environmental changes because these core factors that we look at during project implementation or business setup. As a Project Manager. I would critically look at all these factors when considering a project to mitigate against failures and wasted efforts.
Dynamism in the World today in terms of field professionalism through technology driven concepts has called on all and sundry, inclusive Environmental Health and Safety Career where I’m part of, to constantly be as of these fundamental changes to remain relevant. This can be achieved through modelling out health impacts through the deployment of M&E tools which today is driven by technology. This is where the thoughts of complexity in project management and delivery is important.
Currently the economic inflation has really impacted my company in an adverse way, given problems surround on how to manage the people fairly enough to keep the said project going.
Technology as well has really evolved in recent times with political and economical changes are factors that can not be avoided.
A project managers needs to understand this changes and grow with it to be able to manage your project properly.
Technology impacts greatly in the world today. In my field as a Certification Manager, we had to learn to adapt to other forms of Audit/Trainings which includes Virtual and even hybrid forms.
Recently new Technology breakthroughs like the use of AI technologies have emerged. As a PM, you have to learn to adapt to the ever changing Technology and its likes.
Climate Change, Political , social, economic changes are all inevitable and a PM needs to be flexible and adaptable.
As a good PM, you must able to adapt to changes . Be prepared for any thing that may happen . Be able to proffer solutions to any changes if and when they occur.
With the ever changing and complexity nature of our society and the world at large in terms of technology, competition, social and political change, and the environmental crisis, project manager are forced to be on their toes in order to remain relevant to their organization.
The above issues especially the new technologies pose a serious threat to project manager in marketing industries. As a public relations officer, in order to project my organization as the best to its clients and stakeholders as well as to stand against other competitors, I equip myself with a lot of current information using most of the new technologies and thorough research.
The world is fast evolving and with it drastic changes that are in most cases detrimental to the society . With this in view , it is safe to have an adaptability approach to work knowing that interruptions are inevitable .. This borders on cost of achieving projects to every other technicality involved..Project Managers must allow their minds to evolve as well and quick to improvise .. Covid caused a lot of such interruptions that the alacrity we had to go digital and remote from analogue and physical dug deep holes in the pockets and affected a lot …Complexities are inevitable and must be considered while quick responses must be adopted
The world is changing extremely fast with slot of issues to solve at the same time. As being part the British Council’s team,we faced a lot of difficulties in terms of administrating exams and teach English in countries where war and famine are all around.
Technologically,we had to réorganise the entire team of the British Council in Cameroon to face the demand of helping test taker to continue with their lessons at home and to teach them what to do with the coming of the covid19.
Also, cameroon as a bilingual country with more than 70% of French speakers,we have to look for a way to keep on encouraging them to take their English courses more seriously both learners and teachers and to teach and Express theirselves properly in and out of the school. Others countries around the world with a British Council branch faced the same issues. They will only take test just for traveling sake without a proper knowledge of the language.
With the ever changing nature of our world in terms of technology, economy and political scope, it is vital for a project manager to understand all these fundamental shifts. A project manager must be able to adapt to face these complexities.
It is necessary to understand the impact of technology, competition, political issues and all. Technology on its own has a great impact in the global world today because most organizations has find there ways adapting to solving issues using the technology approach, in my field as a hospitality manager technology has bring a great impact in the hospitality business today because those days people have to go physical before they can book for rooms or event centers but today because of technology that can be done from the comfort of your rooms. Also politics because of there changes in policies it will always have effect on the general public like we are experiencing now where the purchasing power of individuals has fallen that they can’t afford to do most of the things they do before.
The Content, media and customer success industry is evolving rapidly due to advancements in technology, which are affecting competition. Having a strong online presence is crucial for getting customers from around the world, and businesses must adapt to these new changes or improvements in technology to stay ahead of the competition. By investing in digital marketing, businesses can provide customers with the services they are looking for.
It is important to evaluate and understand the impact of technology, competition, social and political changes, and environmental issues from a wider perspective to successfully run projects in a rapidly changing world. These factors can have negative consequences on various projects if they are not given proper consideration. As someone working in the Content, media and customer success industry, it is clear that the industry is evolving due to advancements in technology, which are affecting competition. Nowadays, having a strong online presence is crucial for getting customers from around the world who need content of all kinds or to assisting customers scattered across the globe in reaching their goals by bringing solutions to them without having to see them in person. Smart digital marketing is outshining traditional marketing methods, and businesses must adapt to these new changes or improvements in technology to stay ahead of the competition. By investing in digital marketing, businesses can provide tourists with the services they are looking for. Many people who are still using old marketing strategies are struggling to attract customers, and therefore everyone must adapt to the changing world to keep their businesses successful.
Project management is subject to frequent change, which can have both positive and negative effects. Positively, it can improve objectives, foster creativity, and increase project responsiveness. But it can also result in greater risk, communication difficulties, and scope creep. Effective change management is essential to navigating this; it entails transparent procedures, honest communication, flexible planning, and ongoing oversight. Recall to welcome change, handle it skillfully, and watch as your endeavor turns into a masterpiece.
Changes in technology, society, politics, and the environment have greatly affected our clinic and the marketing projects. For example, new tech may require updates, societal shifts can change what people like, political changes might impact our strategies, and environmental concerns may influence how we run the clinic and market our services. It’s important to keep an eye on these changes to make sure our clinic and marketing stay effective and in tune with what’s happening around us.
Thanks for the questions. I would say that in a global village that is constantly undergoing mutations and transformations. I as a PM must accept to learn, grow and develop. I must also act strategically and on time. I need to remain focused and make adjustments on time.
Technology has improved our productivities unless we want to deny such fact.
More of it should be embraced to save time and reduces human stress
Technology has been a great positive influence on the development and advancement of human life. competition makes room for improvements and drives away the monotony of services, social and political changes on the other has a very huge negative influence on the execution of projects as a Project Manager, you need to keep up with the advancement of these things.
Technological, social and political changes have major impact on how projects are executed. there is a need for the Engineers to constantly update their knowledge on the use of technology to effectively execute and monitor projects.
Technological, environmental, societal and political changes keep unfolding thereby bringing in both healthy and unhealthy competition and the need to grow and adapt to each current trend.
The only thing that remain constant is “change”. Changes that affect organisation includes Environmental, Technological, Political, and social changes. These affect Industries and the global world positively, it is expected we appreciate and grow thereby adapting to these relevant changes in as much as our world is continually growing for good too.
As an architectural designer, the role of technology cannot be overemphasized. It is necessary I get myself abreast with the new BIM softwares to be able to deliver design more effectively and efficiently.
Economic factors are the conditions and trends of the economy that affect your project. For example, economic factors can include inflation, interest rates, exchange rates, unemployment, income, consumer spending, business cycles, growth, demand, supply, and competition. To identify economic factors, you need to analyze the macroeconomic and microeconomic indicators and forecasts in the markets or sectors where your project operates or depends on. You also need to evaluate the opportunities and threats that economic factors pose to your project.
In my line of work, technology has been causing alot of positive disruptions in the industry and any professional who is not in tune with these changes might go into Oblivion anytime soon.
Competition is a greatest major global issue and has affected so many organisations in terms of money and value.
When addressing significant global factors like technology, competition, social and political shifts, and environmental challenges, it’s crucial to evaluate their potential effects on my organization and projects.
Technology: Stay adaptable to technological advancements, incorporating new technologies into projects to seize opportunities and overcome challenges.
Competition: Regularly monitor competitors, comprehend their strategies, and identify unique value propositions that set your organization and projects apart.
Social and Political Change: Be attentive to shifting demographics, cultural changes, and policy reforms as they can influence consumer behavior and market dynamics.
Environmental Crisis: Incorporate environmental considerations, such as climate change and resource depletion, to enhance your organization’s reputation and meet the growing demand for sustainable practices.
To gauge the impact of these global issues on your organization and projects, conduct a comprehensive analysis of your industry, market trends, and stakeholders’ expectations.
Competition is a greatest major global issue and has affected so many organisations in terms of money and value.
Global issues has really affected the development and progress of many projects and firm today. Competition as well is a major problem.
Competition in the global world has pushed many firm out if business due to inability to adapt to the recent complexity in the industries. Most especially in the engineering and technical world. Complexity make it more exciting to work in today’s world as it create more curiousity design and strategy to work
Change is necessary to progress with the constant advances in technology, competition, social and political changes, and environmental problems we must embrace change to stay afloat in business. Not everyone sees it in such a positive light so PMs should create a roadmap on how to communicate, train, and engage our teams to ensure change becomes a new way of working. Covid-19 has affected a lot of organizations either positively or negatively.
As an entrepreneur rapid technological change require me to stay informed. Information they say is the bedrock of any successful endeavor therefore, i must stay informed with the change of event in the business line.
Technological advancement has greatly affected the ways development and humanitarian projects gather data and decisions making. Projects now deploy various data collection applications such as ODK and Kobocollect that ease data collection and analysis. Unlike in the past where paper-based data collection and analysis in practice with its time consuming and incoherent challenges.
Social and political changes experienced by many countries has led to working remotely or virtually in delivering projects. Working remotely has helped in saving of lives from crisis in political transitions, dangers of COVID-19 and other diseases ravaging the world. For instance, projects now adopt Hit-and-run strategy in vaccinating eligible children in security compromised communities in the Northwest of Nigeria.
As an interior designer, my work is influenced by global factors such as technology, competition, social and political change, as well as environmental crisis. These factors shape the way I design and the choices I make. Technology enables ne to use advanced tools and platforms for design creation and presentation. Competition is fierce, so intentionally must differentiate myself through unique design solutions and exceptional customer service. Social and political changes affect design preferences and requirements, while the environmental crisis emphasizes the need for sustainable and eco-friendly design practices. So Staying informed, upgrading my skills, and communicating the value of sustainable design to my clients.
Changes are bound to occur…both in technology, the environment, society, etc. We all should be prepared for these changes and concentrate on our growth as project managers and as Organizations. There should be a need for training, and upskilling in order to remain relevant in this changing world.
I work with a financial institution and there are many issues the organization is facing ranging from technology to social and political activities and the rest.
These hurdles can be overcome by making of adequate provision for all these issues.
A lot of investment in upskill and reskill of staffs training.
To me I feel the rapid global changes currently experienced is interesting. For one it has opened the eyes of everybody and you cannot afford to continue to use and stick to our primitive methods and yet expect a different result.
It has also given way to a healthy competition in the global world of business. Foreign projects are now emerging and accessible, execution can even been done without necessarily leaving the country where you reside. For my organization, our clients has also increased both locally and internationally.
On the other hand, social and political crisis in our country has resulted into emergence of ill conceived government policies . this coupled with harsh environmental changes in the country have both combined to affect many organizations including ours. many potential foreign partnering organizations have relocated although situation has favored others who were well positioned for this development.
Technology on its own has been an eye opener to all across the globe. It has challenged all and bring so many opportunities for innovations and better organizational efficiency.. Also, it has made the entire global business world quite competitive whereby organizations have to enhance project quality and respond swiftly to to changing market demands.
As an organization, technology may cause downsizing of staff, it will also increase workload and cross functional roles within the organization.
For project,technology especially for team members who possesses set skill on project management and it softwares will enhance high productivity and efficiency.
As a good Project Manager, one should be able to consider the major global issues like technology, legal and regulations, political and social changes, environmental and competition in order to determine the success of the project. Take for example, the present change of political leadership in Nigeria affected the commencement of the fourth Mainland which the Lagos State wanted to do the Public Private Participation.
Globally, people are beginning to have the same ideas, which means more competition. For project managers, this means more of their jobs involve identifying competitors. Some of the challenges faced by project managers are cultural differences, legal restrictions, work environments, political situations, and even work approaches. All this needs to be considered for the project to succeed.
When considering big global issues such as technology, competition, social and political change and environmental crisis,I think it’s important to assess how they may impact my organization and projects.
Technology: Rapid advancement in technology can both create opportunities and pose challenges for your organization it may require one to adapt and integrate new technologies into your projects.
Competition:It is crucial to monitor your competitors and understand their strategies ,as well as identify unique value propositions that differentiate your organization and project from others.
Social and political change: social and political change such as shifting demographics, cultural shifts and policy reform can influence consumer behaviour and market dynamics .Organization should stay aware of these changes.
Environmental crisis:this includes climate change and resource depletion,has led to increased awareness and demand for sustainable practices . incorporating environmental consideration into your projects can enhance your organization reputation.
To assess the impact of these global issues on your organization and projects conducting a thorough analysis of your industry , market trends and stakeholders expectations.
You must need to adapt to the environmental, technological, political and societal changes. To be relevant in a changing world,
These changes can affect organization positively and sometimes negatively, but what can we do? We have to adjust and adapt, in that way, we grow.
Change is always constant.
One thing that remains constant is “Change”.
Environmental, Technological, Political, and social changes affect organizations, Industries and the global world positively, so we are to grow and adapt to these relevant changes in as much as our world is continually growing for good too.
To stay relevant in a changing world, one needs to adapt to the environmental, technological, political and societal changes.
Sometimes, these changes affects my organization positively and sometimes negatively, but what can we do? We have to adjust and adapt, in that way, we grow.
Change is always constant.
Global changes like environmental, political, social and technological changes affects the world and as such organisations in different ways. These changes has affected my organisation and projects in different ways but the best way to pull through is to adapt and align with this changes for effectiveness at work. For instance, with the change and improvement in technology, my organisation has provided means where it’s employee are trained with needed tech skills to make them tech savvy and efficient at work.
One needs to grow continually with the growing world and adapt to relevant changes and environment. We also need to develop continually and be ready to make changes as and at when necessary
Global issues like technological advancements, heightened competition, social and political changes, and environmental concerns significantly shape how my organizations function per time and how projects are managed. Adaptation and alignment with these changes are critical for my organizations and projects to strive towards efficiency and remain competitive in dynamic environments.
To stay relevant and afloat in a fast changing world requires making a lot of changes, adaptations and modifications in ways of doing things in other to accommodate the changes around the globe and our immediate environment. These changes gives an organisation a competitive advantage in a fast changing world
Trying to understand the global issues such as technology, competition, social and political challenges, and environmental issues in a wider range it will be critical to run a business in this changing world without addressing the necessity. The above elements mentioned above can have a negative impacts on any project if attention not drawn. In a banking industry, where changes are rising on daily basis like in terms of technology the rapid technology advancement brings productivity and efficiency gain. For instance, the online presence is getting a lot of customers where you can sit at the comfort of your zone to transact your business. This implies there is need to implore more on smart digital marketing to win the competition. Being aware of competitors as a business owner you have to think out of the box and be responsive to market demands and to maintain this competitive edge, there is need to focus on differentiation. In regards to the political, social and environmental changes, it is necessary for every business area to be conducive. Political insecurity and social unrest creates uncertainty and has impact on project planning,raising an environmental awareness will also creates opportunities for growth in the market.
In all these, continuous monitoring in the above mentioned elements and being informed and proactive,an organisation can navigates the complexities of these global issues.
In the modern ere we are some of the Governmental organization or Non governmental organization it’s difficult to apply the the use of AI in order to shape the complexity task, which is that can easily to use the technological infrastructure tool made easy smoothly duty among the institutions
The project setting is complex because it exists for a reason and drives more than one resource, brought together to form unity in diversity.
Proper utilization of various resources to achieve the target makes this a challenge. To overcome it, one must take measures. The good thing about it is that, though challenging, when well planned and executed, a project is a success.
I currently work for a non profit, set out to solve the problem of education in Africa. Quite a number of the teachers and school leaders that I train are not tech savvy and majority of them struggle to integrate our technology initiatives into their classrooms.
The factors of technology and social and political changes greatly affect the work that I do. I manage nonprofit projects, and in the area of fundraising, online payment platforms have made donations pretty easy, but we still have to keep looking for effective ways to connect with our donors, beneficiaries, and social media community.
Socio-political changes also affect our operations, as there are areas we are unable to reach due to some sort of ongoing crisis. The economic climate not being friendly also affects the level of support we are getting from the public.
In every project, there are several factors directly or indirectly that may influence the pace of delivery.
For instance, technology so far has greatly affected the progress of projects as compared to the level of delivery when it was only dependent on manpower alone.
Also, for civil engineering projects, there are a lot of factors like human(workforce), climatic(weather conditions), social(community influence), political, and so on…All of these factors and more must be checked and balanced for a smooth run in this kind of projects.
The emergence of technology has undoubtedly increased the output of our everyday work.
Narrowing it down to project management, we couldn’t have gotten a job done in wink without the advent of those sophisticated equipment.
Getting the hands of the stakeholders on deck, especially those fully involved in the project is very pertinent and given them the avenue to be familiar with the technological trends that will improve the the overall output is very necessary.
The invent of technology worldwide, and the adoption of technology into the construction industry have helped shape and improve the industry within my country, this have also affected the way a project manager is to plan and execute a project.
This module’s theme about managing projects in a complex world resonates deeply. The global backdrop you paint – tech revolutions, interconnected markets, socio-political churn, and environmental anxieties – perfectly captures the dynamic landscape within which organizations, and hence projects, operate.
It’s easy to think project management exists in its own bubble, but acknowledging the interconnectedness is crucial. How an organization interprets and adapts to this complexity will shape the projects it prioritizes and how it steers them.
I’m particularly intrigued by the exploration of frameworks that guide us through this intricate world. Frameworks can be invaluable tools for understanding what’s happening around us, informing our actions and decisions, ultimately empowering us to navigate uncertainty with greater clarity.
Complexity is fascinating, isn’t it??it’s this intricate web that weaves itself into every aspect of our world, from the simplest system to the most convoluted structure,what specifically are you pondering about complexity?? Is It about the complexity in nature, technology, system,or something else entirely
Globalisation has affected different sectors including healthcare systems. In my organization, the economic issue currently faced by my country has increased the migration of several pharmaceutical companies, which has therefore affected the procurement department. The cost of procurement for drugs is constantly increasing and this has affected both the masses and health professionals as there is limited access to funds.
Because there are so many infringements on intellectual property rights, the increased use of technology has led to a larger use of my area of expertise, law.
But as a company, we have an obligation to stay current with technological advancements.
Healthy competition enables us to reflect on and assess our actions, errors, and accomplishments.
As a society and community evolve, new regulations are implemented, which might occasionally increase or decrease the organization’s prospects.
Current awareness of the state of the environment is necessary because environmental changes are contingent upon what the environment requires at any one time.
In a fast changing world, with the use of technology in workplaces, organizations have been able to increase their productivity and efficiency at a rapid pace. Processes that were once manual and time-consuming can now be achieved in a quick and efficient manner with digital tools, applications, and systems.
Basically, the complexity here is simply having basic understanding for how these systems work, making adjustments, and practically doing what needs to be done in order to be afloat, these ensures a successful completion of projects.
In the Event world for instance, the role of technology in event planning and management has grown exponentially in recent years. From the early days of paper invitations and manual attendee tracking, event planning has now entered the digital age. Technology has made event planning and management easier, more efficient, and more cost-effective, such as the rise of Event planning software, Online registration and Ticketing, Event Apps, Social Media and even Live streaming.
Global issues affect every organization in different ways just as listed in the write up to this which include; Technology, competition, social and political change, and the environmental crisis.
The rise in technology has made it possible for so many organization or business to thrive during crisis time, and even make more money if they are willing to pay the price of an investor. I work in the healthcare industry and due to the emergent of Covid-19 there has been competition between different hospitals, Government own established hospital and private hospitals bidding to get Nurses to work in their facility as a result of shortage of nurses. These healthcare staffing companies are willing to double the amount permanent staff are making just to get their services to other hospitals or establishment who are willing to pay more for their services. At the long it’s very important to know that each of the above changes has power one way or the other to effect change management. Social and political change is another issues. With a change in government comes the change in policies and rules on how business or deals are managed in accordance with the laws pertaining to the government in power. Every organization must understand this will come and work towards adaptation to every single change in other to advance their businesses.
Trying to manage projects in a complicated world. The complexity here involves the understanding of the rise in new technology, competition, social and political changes and environmental issues.
When you fail to realize that at some point in a project you will be face with one or some of these impacts, your organization hardly strives, or your projects gets complete successfully.
In my industry, the hospitality industry we face a lot of competition day in day out. There is a constant rise in the number of hotels with new technologies and upgraded hotel versions like the Airbnb. These industry at some point in certain locations are affected by the socio-political situations.
As such what is needed is to always be ahead of the competition by constantly conducting research in the market, learn and know about the latest technology, and the socio-political developments of that location and around the world
Trying to evaluate and understand the technology, competition, social and political changes, and environmental issues in a wider perspective is critical to run projects in a changing world. The above mentioned elements can have adverse impacts on various projects if good attention is not drawn. As someone working in tourism industry, its operation is changing because of upgraded changes in technology which impact a lot on competition. Nowadays the online presence is making it to get customers from around the world who want ti visit specific touristic destinations. The smart digital marketing is outcompeting the old one. This means there is a need of adapting with new changes or improvement in technologies in order to win the competition because these new technological trends make life easy on side of clients as well as on side of the business owner. What is needed is to make huge investments in digital marketing in order to bring to online table the services tourista are looking for. Many people who were used to old marketing strategies are finding it difficult to get customers, hence there is an urgent call for everyone to adapt per this changing world in order to keep their businesses successful.
The rise of AI affected my organization, as it threatened to take away some of our clients.
Understanding global issues such as technology, competition, social and political changes, and environmental issues is critical for businesses to navigate and succeed. These elements can have a significant impact on many aspects of an organization, including projects. Here’s an overview of how each of these global issues may affect my organization and the projects we are working on:
Technology:
Opportunities: Rapid technological advancements provide opportunities for project innovation and efficiency gains. Adoption of new technologies boosts productivity and competitiveness.
Challenges: The rapid pace of technological change presents challenges, particularly if an organization is unable to keep up. Existing system obsolescence or the need for ongoing employee training may have an impact on project timelines and budgets.
Competition:
Opportunities: Healthy competition can spur innovation and improvement. Being aware of competitor activities allows businesses to remain agile and responsive to market demands.
Challenges: Intense competition reduces profit margins, necessitating strategic changes in project planning. To maintain a competitive edge, it is also necessary to focus on differentiation.
Social and Political Changes:
Opportunities: Positive social and political changes create an environment that is conducive to business operations. Changes in regulations, for example, may open up new markets or streamline existing processes.
Political insecurity or social unrest creates uncertainty and has an impact on project planning. Regulation changes necessitate modifications to project compliance and governance.
Environmental Problems:
Opportunities: Raising environmental awareness creates opportunities for sustainable projects and practices.
Environmental issues, such as climate change or resource scarcity, have an impact on supply chains and project logistics. Compliance with environmental regulations may complicate projects.
In light of these global issues, consider the following general strategies for mitigating their impact on organizations and projects:
Continuous Monitoring: Monitor global technology trends, competition, social and political changes, and environmental issues on a regular basis to anticipate potential impacts on organizations and projects.
Adaptability: Promote an adaptable culture within the organization. Prepare to modify project plans and strategies in response to shifting global dynamics.
Strategic Planning: Create solid strategic plans that take into account potential challenges and opportunities posed by global issues. This includes scenario planning for different possible future scenarios.
Stakeholder Engagement: Communicate with stakeholders such as employees, customers, and the community to stay informed about changing expectations and concerns about global issues.
By remaining informed and proactive, our organization navigates the complexities of these global issues and positions itself for long-term success in an ever-changing environment.
DARAMOLA AKEEM (COHORT 12 GROUP 2)
THE USE OF TECHNOLOGY IN MANAGING PROJECTS CAN NOT BE OVERLOOKED, AS A MATTER OF FACT, IT IS BECOMING A COMMON PLACE.THAT IS, IT IS TAKING OVER THE WORKING ENVIRONMENT.FROM THE INTRODUCTION OF ENGINEERING, COMPUTER ENGEERING, SOFTWARE ENGINEERING , ROBOTICS AND MECHATRONICS ENGINEERING, AND THE ALL MIGHTY SOFTWARE ENGINEERING WITH AN OPTION OF ARTIFICIAL INTELLIGENCE.
FROM THE POST COVID ERA WE CAN SEE THAT THE USE OF TECHNOLOGY AFFECTED A WHOLE LOT OF JOBS, THERE HAS BEEN NEW TRENDS AND DISCOVERIES ON THE WAY WE CARRY OUT OUR DAY TO DAY JOBS. FROM SCHOOLING, TO HANDLING OF PROJECTS. IT IS NO NEW THING NOW THAT WE NOW HAVE 3 D PRINTED HOUSES THAT CAN BE COMPLETED WITHIN A SHORTEST POSSIBLE TIME ALL THESE WILL DEFINITELY AFFECT THE NUMBER OF WORKERS NEEDED TO CARRY OUT TASKS . I MEAN, WHO NEEDS 10 WORKERS WHEN A ROBOT CAN CARRY OPUT THE TASKS WITHIN MINUTES?.IN A NUTSHELL, THE ADVENT OF ADVANCED TECHNOLOGY HAS COME TO STAY IN MOST WORK ENVIRONMENT AND WILL DEFINITELY AFFECT THE LABOUR FORCE AS A WHOLE.
REGULATIONS ARE NOT FAR FETCHED ALSO. THEY HAVE TO DEFINITELY WORK HAND IN HAND. I MEAN , MOST OF THESE NEWLY INTRODUCED TECHNOLOGIES MUST AT ONE POINT OR THE OTHER , GO THROUGH GOVERNMENT SCRUTINY AND APPROVAL. THAT IS , THEY HAVE TO BE TESTED AND TRUSTED FOR IT TO BE USED .A TYPICAL EXAMPLE IS OUR ELECTRONIC CARS (TESLA AND OTHERS) YES, THEY MAY SEEM NEW, BUT TAKE IT OR LEAVE IT, THEY WILL GRADUALLY TAKE OVER THE WORLD OF DRIVING EXPERIENCE BUT IT ALL BOILS DOWN TO GOVERNMENT POLITIES ALONG SIDE THE SOCIO POLITICAL CHANGES OF THE EMMIDIATE ENVIRONMENT IT NEEDS TO BE IMPLEMENTED. IS IS SOMETHING THAT CAN BE DEPLOYED, IF YES, CAN IT BE SUSTAIMNABLE?THESE ARE SOME QUESTIONS THAT WILL NEED TO BE ADDRESSED THERE BY AFFECTING THE SOCIO POLITICAL CHANGES
ENVIRONMENTAL CRISIS IS ANOTHER ISSUE HERE .THE ENVIRONMENTAL ACCEPTABILITY OF THESE COMMON ISSUES MUST AT ALL COST NEEDS TO BE LOOKED INTO FOR IT TO BE SUCCESPULLY IMPLEMENTED. THE GOVERNMENT NEEDS TO WORK HAND IN HAND WITH THE CITIZENS WHO ARE THE DIRECT OR END COMSUMERS OF ALL THESE IDEAS .
COMPETIOTION AS A MAJOR CATALYST OF ANY AREA OF EXPERTISE NEEDS TO BE LOOKED INTO.ALL ORGANISATIONS WILL HAVE TO BE MORE INOVATIVE IN TERMS OF THEIR PRODUCTS AND WHAT IT TENDS TO SOLVE I THE SOCIETY. I MEAN , EEVRY PRODUCT NO MATTER HOW SMALL IT IS , HAS A PURPOSE. TO SOLVE A PROBLEM. IT NOW DEPENDS ON WHAT SOLUTION THE CONSUMERS ADOPTS TO SOLVE THAT SOCIETAL PROBLEM
1. Simultaneous Impacts from Technology. The technological advances of today are affecting the future of work in three key ways: by scaling and speeding up human capabilities, by substituting labor with machines, and by enabling new ways to access and supply labor. Scaling and speeding up human capability.
2. Global competition becomes a form of international competition in which the position of an enterprise in one country affects its competitive position in other countries. As a result, companies are competing among themselves for international leadership. As a result of such a struggle, the economy is globalizing.
3. Population growth and increasing population density represent demographic forms of social change. Population growth may lead to geographic expansion of a society, military conflicts, and the intermingling of cultures. while Political factors include areas such as tax policy, labor law, environmental law, trade restrictions, tariffs, and political stability. Political factors may also include the type of goods and services which the government does not want to be provided by the project.
4. Environmental health-related risks are becoming a primary concern in Nigeria, with diverse environmental problems such as air pollution, water pollution, oil spillage, deforestation, desertification, erosion, and flooding (due to inadequate drainage systems) caused mostly by anthropogenic activities.
With all of these in mind as a project manager, you are aware of the threat and way out o it
COHORT 12, GROUP 4
Technology has a substantial
impact on organization’s environment. It advances how people operate computes, makes work easier with tools like Asana, trello etc.. The use of data analytics empowers businesses to make data-driven decisions and improve customer experience.
Political impact, includes trade regulations, government, all these have direct impact on organization’s operations and their growth. Political shift s can cause uncertainty, leadership to economic crisis that will affect organizational growth.
Competition, the more competition there is the more a business will want to improve on its products/ services. It keeps business’s on their feet
Social disturbances is a common incident that can disrupt business operations and put the organization at risk. Social unrest, is usually accompanied by a demand for better societal change
Fatmata Wurie Bah
The heightened use of technology has brought a wider use of my specialty, law, as there are so many encroachments on intellectual property rights.
However, as an organisation we are expected to be up to date with the evolution that come with technology.
Competition (which should an healthy one) helps us to revaluate and mirror our activities, mistakes and achievements.
Social and community evolution
comes with new rule enactments which sometimes broaden or limit the organisation’s opportunities.
Environmental changes are subjected to what the environment is in essential need of, at that particular time, so there must be an a current knowledge of the environment’s status
The environmental changes have led to my organization developing innovative solutions to tackle climate change issues.
The development in technology has rapidly brought about greater changes in the operating system nature of my job. I.e Surveying. Due to the environmental factors and individual trait there had been a drastic change of system in the surveying firm.
The world is changing… thus, the complexity. And as a good project manager you must able to adapt to changes . Be prepared for any thing that may happen on a long run of the project . Be able to profer solutions to any changes.
Technology, Competition, Social, political, and environmental factors all affect projects and organizations. They affect the budget, quality, and timeline of a project, and also determine if a project is valuable and acceptable to the consumer. They can either create opportunities or threats for an organization.
A project manager needs to follow the trends and innovations and not remain static in an ever-changing world. A PM is expected to be up to date on government policies, global warming and technological advancement as these may adversely affect the project negatively or positively, therefore the need to upskill/upgrade to deliver a world-class project.
Threats or benefits are a result of the globalization and emergence of social and technological advancements.
In today’s thriving world of technology, social and political disturbance, there are varying aspects of evolution which we are subconsciously adapting to in our different fields and niches. With the invention of artificial intelligence (AI), there has been a heightened expectation in method and approach to the delivery of various projects. As a public safety official, there has been a series of change in our mode of operation. For example, the Interactive Voice Response (IVR) system has become more intelligent as it can almost take the position of a customer service representative. This can pose as a threat to projects especially in situations where the automated AI voice response system is unable to give proper judgement to the complaint.
Considering global issue, I will suggest one have other plan options that are realistic, not relying on a single one.
Able to predict and foresee
Changes in power and economy instability too will have a great influence in the success of project
PEDRO O AKHIMIEN. COHORT 12, TEAM 9
Managers and other professionals are now aware of the connections and significance between problem-solving and decision-making abilities as a result of recent political and economic events as well as changes in the practice and delivery of health and social care. Specifically, evaluating how healthcare policies, plans, and organizational programs are affected by political, economic, sociocultural, environmental, and other external influences is starting to be recognized as a critical step in the strategic development and planning processes for health services. Therefore, the goal of doing this type of strategic analysis is to identify the main problems that the organization needs to solve.
This form of analysis can be undertaken by reviewing the organizational (external) environment using the PESTLE analysis.
Political factors – political forces and influences, both large and minor, that could have an impact on the organization’s performance or available options.
Economic Influences – the nature of the competition faced by the organization or its services, and financial resources available within the economy.
Sociological Trends – demographic changes, trends in the way people live, work, and think.
Technological Innovations – innovative methods for doing both new and old tasks, as well as solving both old and new problems; these methods don’t always require technical tools; they can also be creative ways of organizing or thinking.
Legislative requirements – originally included under ‘political’, relevant legislation now requires a heading of its own.
Ecological factors – definition of the wider ecological system of which the organization is a part and consideration of how the organization interacts with it.
To be effective, a PESTLE analysis needs to be undertaken regularly. Organizations that do analysis regularly and systematically often spot trends before others thus providing a competitive advantage.
Honestly, some of the major problems we face in my current organization is high exchange rate, coupled with the fact that most of our raw materials are not locally available and thus have to be imported from overseas.
These lead to high cost of production for optimum quality to be maintained for our cosumers. And of course high cost of production equals higher price, which poses the problem of affordability to our consumers.
Considering those major global issues like technology, competition, social and political changes, and environmental problems, think about how they impact your organization and the projects you’re involved in.
Looking at present day Nigeria, lot of external factors tends to affect projects ongoing presently. These include.
1.Devaluation of the Naira
This action has brought about the naira losing value against the dollar. This has negatively affected the cost of running projects as machineries, equipment imported into the country and other logistics for projects have skyrocketed beyond the initial budget for the projects.
This has resulted in projects being reviewed or suspended entirely.
2.Social and Political Changes
Runing projects in some parts of the country has become difficult due to the security situations in some parts of the country. Logistic and other areas of the projects are hampered due to the threats of attacks and kidnapping.
3.Technology advancement is another area of concerns when it comes to projects as technology is evolving and everyone craves for the latest technological trends which comes at a cost. A project done today could become obsolete due to technological advancement. This might require upgrading to meet up with the latest technology.
From my past experience in evaluation of projects when dealing with complexity in projects it essential to use the complexity assessment tool aims to help those in delivery roles understand how complex a project or product is to deliver based on key indicators. It can be used during the planning stage or for in-flight initiatives and offers a structured, best practice method of highlighting potential risks and complexities, or to validate current thinking.
Sunday Nathaniel Ngwamah, Cohort 12, Team 10.
The World has become complex as globalisation has hit the ground and still running, affecting day-to-day life and every organisation. This has caused radical and seismic change to traditional way of handling projects to force project owners to think out of the box or be overtaken by change. While it is true that projects owner and handlers know that they operate in a changing world and business environment, the globalised change especially of recent is drastic and sweeping, making the project climate hyper complex.
The dimensions of change this complexity has brought is technological advancements, competition, social and political changes, environmental problems and crisis. These have greatly impacted businesses and projects and requires urgent attention for successes to be consolidated.
1. Technology: with advancements in technology in business and use of AIs, projects have come to a threshold of a need for adaptation and investment in technology. This will require purchase of technological equipments and trainings, which are quite capital intensive though it will pay off. My organisation is quite behind in this, and would definitely need to make adjustments. Negligence to this leaves the organisation behind and it will take a toll on business influx and profit.
2. Competition: in a globalised world, completion is the other of the day. There are mobility of clients and customers usually for variety of reasons ranging from quality job delivery, cost, timelines etc. The headway my organisation has by considering lately is to create a niche and make it a selling point for all our projects, which will give us a competitive advantage.
3. Social/political changes: in recent years, my organisation (we are realtors) have suffered much from dwindling government policies and body language, religious crisis and heated environment that projects have been few, timelines mostly affected, cost increasing etc. Our approach to meeting this challenge has been to expand our participation in the valuechain in real estate industry and it has started working.
4. Environmental problems/crisis: in our business and project environment, environmental issues (which will not stop) has been on the increase. Kidnapping, poverty, polarised town etc. This affecting our projects, have pushed the organisation to think out of the box to accepting the reality of the challenge and proffering solutions
A lot is changing, especially in the angle of technology.
I believe PM should develop tools to make projects and organizational goals appealing
The world is changing, thus the complexity. So in order to fit into the complex one as a good project manager, you must the changes into consideration…like the new technology, globalization of trade, competition and environmental challenges
And again, due to the constant change in our world there’s need for continual to updates to blend easily
Project managers and organizations must stay vigilant, embrace adaptability, and incorporate strategic foresight to navigate and thrive amid the dynamic challenges presented by these major global issues.
Cohort 12-Team 2
The big global issues, such as technology, competition, social and political change, and the environmental crisis, these affect my organization and my projects in the sense that with the rise in technological advancement we need to change with current reality to stay in business, other factors include both social and political crises can affect business in the long run due to uncertainty.
The world is changing… thus, the complexity. And as a good project manager you must put those things in mind in order to fit in.
And again, beca
Global issues like technology, social and political changes have some impact on how projects are executed. Program managers need to constantly update their knowledge on the use of technology to effectively execute and monitor projects.Political changes in terms elections and change of power also is a challenge to continuity of project especially, when projects have a counterpart funding from the government, and this tends to slow down project achievements.
Team 2
The oil and gas industry is navigating a complex landscape shaped by technological advancements, increased competition from renewable energy, evolving social and political attitudes towards climate change, and the urgent need to address environmental concerns. Adapting to these changes is crucial for the industry’s long-term sustainability.
They impact the nursing profession both ways, but most positively mostly facing and adapting to these global challenges. Developing resilience, critical thinking, technological literacy, and strong advocacy skills are essential for nurses to thrive in this ever-evolving landscape and continue to deliver high-quality care to patients.
The food sector is getting a hike in prices daily and it has caused food processing companies to reduce their quantity instead of quality while some will reduce quality and leave the quantity,these issues have made a lot of customers migrate to the later and probably causing the previous to fold up or migrate.
It leads to misunderstandings, increased transaction costs, friction between project participants, and coordination and communication difficulties.
In the fast-changing world, handling a project in a complex world has to do with explicit communication, flexible planning, and strategic risk management.
A PM must break down the project into manageable phases, foster collaboration among team members, and regularly reassess and adjust your strategy based on changing circumstances.
Adopt flexibility and stay open to feedback to guide uncertainties effectively
In the fast-changing world, handling a project in a complex world has to do with explicit communication, flexible planning, and strategic risk management.
A PM must break down the project into manageable phases, foster collaboration among team members, and regularly reassess and adjust your strategy based on changing circumstances.
Adopt flexibility and stay open to feedback to guide uncertainties effectively.
Technology has really impacted organization and projects, as a lot of development has taken place because of technology. Projects that could have taken longer time to round up now take shorter periods.
In terms of competitions, Organisations will wnat to fo better because of their opponents,there’s always the need to really give in the possible best in a project because of the competition
For social and political changes, Organization and projects are affected by the current inflation and there’s a price hike in virtually everything.
In the rapidly changing and complex world we live in, managing projects is deeply intertwined with the broader global issues of technology, competition, social and political change, and the environmental crisis. These factors significantly impact organizations, regardless of their size, and influence how they choose and manage projects. Here are some ways in which these global issues might affect organizations and their projects:
Technology:
Impact on Project Scope and Scale: Advances in technology may necessitate changes in project scope or introduce opportunities for innovation. Organizations may need to adopt new technologies to stay competitive or respond to evolving customer needs.
Globalization of Trade and Competition:
Increased Market Dynamics: Globalization exposes organizations to a wider market but also intensifies competition. Projects may need to be more adaptable and responsive to diverse market demands, and considerations for international regulations and standards become crucial.
Social and Political Upheaval:
Risk and Uncertainty: Social and political instability can introduce significant risks and uncertainties. Project managers need to be vigilant about potential disruptions, ranging from changes in government policies to shifts in societal values, which could impact project timelines and resources.
Environmental Crisis:
Sustainability Integration: The environmental crisis requires organizations to integrate sustainability into their projects. This may involve assessing and mitigating environmental impacts, adhering to regulatory requirements, and adopting eco-friendly practices in project execution.
Considering these factors, individuals may reflect on how their organization navigates these challenges:
Strategic Planning: How does the organization incorporate global trends into its strategic planning for projects? Are there mechanisms in place to continually reassess and adapt strategies in response to external changes?
Risk Management: How does the organization identify, assess, and manage risks associated with technology, global competition, social and political dynamics, and environmental concerns? Are there contingency plans in place for potential disruptions?
Adaptability: Does the organization foster a culture of adaptability? In the face of rapid change, the ability to adjust project plans and methodologies becomes crucial. How are agile and iterative approaches integrated into project management practices?
Stakeholder Engagement: How does the organization engage with stakeholders affected by global issues? This includes customers, employees, regulatory bodies, and communities. Understanding and responding to diverse stakeholder perspectives is essential for project success.
These reflections can serve as a starting point for exploring how organizations align their project management practices with the complexities of the modern world. The upcoming modules will likely delve deeper into frameworks and approaches that empower project managers to navigate uncertainty and deliver successful outcomes in this dynamic environment.
Well, with the invent or upgrade on technology, It has made project execution more faster and easier, but it has somewhat taken the place of team members or should i say teamwork, especially with the invent of AI’s, where you can practically get everything done at the snap of a finger. So as Project Managers, we need to sit up or up our games in making sure that AI’s and other new inventories don’t put us out of our place. Instead, we’ll come together as team members to use this new technologies to our advantage and to the satisfaction of our client or the society at large.
The issue of economy is a very important one in my organisation. Prices of things have gone up and this has necessitated an increase in our own prices in other to keep afloat. However, we cannot just increase our prices; we have to look at our clients and consider if they would be able to afford them. This has impacted a lot of project we are trying to implement; the question of if we should go ahead with the project or not and how to scale it comes up.
Political change..
Politics has played a vital role in businesses e.g regional laws and regulations can determine how a company operates or whether it benefits from international expansion.for this reason aspiring entrepreneurs,business leaders and strategies in heavily regulated industries should familiarize themselves with politics effects on business.. government role in businesses can’t be overemphasised
Some of the roles include
Protecting citizens from external harm
Protecting citizens from internal threats
Protecting property rights
Creating means of resolving disputes.
How government fulfill these responsibilities significantly has impacted my business..for instance to protect citizens well being and guarantee a living wage government had impose a base pay requirements(minimum wage) this is a motivation for me and the workers by enabling them to put more effort in their work..the workers won’t think of embezzling management or business funds..
Global issues profoundly impact insurance organizations and their projects. Technological advancements introduce both opportunities and challenges, influencing how insurers assess risks, underwrite policies, and engage with customers. Intense competition requires constant innovation in products and services to stay relevant. Social and political changes can alter regulatory landscapes, affecting compliance and market dynamics. Environmental crises, such as climate change, pose substantial risks, as insurers must navigate increased claims related to extreme weather events. Additionally, societal shifts may impact the insurability of certain assets. Adapting to these multifaceted challenges demands agility, robust risk modeling, and strategic foresight to ensure insurance projects remain resilient and aligned with evolving global realities.
Our understanding and response as project managers to complexities caused by new technology, worldwide trade and competition, social and political disturbances, and the environmental crisis may have advantages and disadvantages.
As project managers we need to be open and ready face to changes because change will happen weather we are ready for it or not and complexity caused by new technologies and worldwide competition as caused many companies to network easily, work remotely, have real-time access to information while facilitating communication, it has also improve the quality and quantity of trade and help organizational structures and innovation. The pros of these events are many, however these complexities have also caused some disadvantages. Taking decision during environmental crisis, social and political complexities use to be very difficult for project managers because these complexities may influence our project negatively and sometimes caused us to shut down the project.The lack of energy (electricity) and multiple government reforms and political complexities have made many organizations to fold up in Nigeria. the case of P&G a FMCG that shut down is plant at Agbara a year after it was opened in 2017
Considering the significant global issues of technology, competition, social and political change, and the environmental crisis, organizations and their projects are profoundly impacted in various ways:
1. Technology:
Opportunities and Challenges: Rapid technological advancements offer opportunities for innovation and efficiency in projects. However, organizations must adapt to emerging technologies, ensuring that their projects remain relevant and competitive.
2. Competition:
Market Dynamics: Increased competition demands a strategic approach to project management. Organizations need to differentiate themselves, enhance project quality, and stay agile to respond to changing market demands and competitors’ actions.
3. Social and Political Change:
Stakeholder Expectations: Social and political shifts influence stakeholder expectations. Organizations must align projects with evolving societal values, comply with changing regulations, and navigate geopolitical uncertainties that can impact project timelines and resources.
4. Environmental Crisis:
Sustainability Integration: The environmental crisis necessitates a focus on sustainability in project management. Organizations must consider ecological impacts, adopt eco-friendly practices, and comply with environmental regulations to mitigate risks associated with climate change.
5. Global Interconnectedness:
Supply Chain and Resource Management: Global issues intensify the interconnectedness of economies. Organizations must navigate complex global supply chains, manage resources efficiently, and account for geopolitical events that may disrupt project workflows or resource availability.
6. Digital Transformation:
Adaptation to Digital Trends: Digital transformation influences project methodologies, collaboration tools, and data management. Organizations need to embrace digital trends to enhance project communication, data security, and overall project efficiency.
7. Talent Management:
Skills and Diversity: Global issues impact the talent landscape. Organizations must adapt to changes in workforce demographics, address skill gaps related to emerging technologies, and promote diversity and inclusion for a resilient and innovative project team.
8. Regulatory Compliance:
Adherence to Changing Regulations: Social, political, and environmental changes often lead to new regulations. Organizations need to stay informed about evolving legal frameworks and ensure projects comply with ethical and legal standards.
In conclusion, in navigating these challenges and opportunities, organizations can benefit from adopting a holistic and adaptive approach to project management. This includes continuous monitoring of global trends, fostering agility, integrating sustainability practices, and maintaining a focus on stakeholder engagement and ethical considerations. Proactive planning and a forward-thinking mindset are essential to thrive in an ever-evolving global landscape.
Micah Chijioke Madu
Project Management
Cohort 12
Team 6
I find the rapid global changes currently experienced quite exciting. It has enabled a more competitive environment in the global business sector. Organizations can now access foreign projects and in some cases, executive them without leaving their place of domicile. This situation has benefited my organization, providing us with a wither range of clients both local and international.
However, social and political crisis in the country resulting from establishment of insensitive policies by government and it’s elements, as well as unfavorable environmental changes in the country, has adversely affected the organization. Foreign organizations located that required our services are relocating out of reach as a result of the above listed harsh changes. While that is true, the situation also creates the opportunity for organizations (where such crises are at a higher degree) to reach out to foreign partnership, and that becomes an advantage for organizations properly positioned for such opportunities.
Technology has changed a lot of things and how they’re done in the fashion industry, invention of new and modern equipment have made design and garment construction different and exciting. To name just an aspect.
Social changes: has impacted fashion world, the increasing social functions such as fashion shows, weddings, etc demand new design invention. Everyone wants to look different and elegant.
Competition: in fashion, there are lots and lots of competitions which can not be done away with infact, competitions make us a better and best version of our brand because, we’d always want to be ahead of our competitors in delivering quality while making profit.
Political changes: is doing more harm than good with all sorts of policies (new&old) that are negatively affecting businesses.
In my organization Technology has been very helpful but lately, we discovered many of our staff spend excessive time on phones and computers chatting with friends and watching movies or comedy shows when they are supposed to be working, it slow down our operations and reduced our production some couldn’t meet their monthly target.
Competition: Our competitor in Northern Nigeria where we had a branch last year set a prices that force us to shutdown our operations in that area because the prices where extremely low that our organization can’t compete with.
Political change : There was an upward review in minimum wage by the government and we had Revenue shortfalls, so we had to layoffs and downsize.
In my organisation, technology has really done a more positive impact in project management rather than a negative one, it’s allows team members work remotely thereby minimising the high cost of transportation cause by political changes in the country, also bridging the gap between our fellow competitors in the industry. This allows my team to avoid lots of environmental crisis because no matter the environmental crisis, technology helps my team to work remotely and deliver our project within the speculated time frame.
considering these global issues is an important part of the job. It’s important to understand how these issues can impact the organization and the projects I’m involved in, and how to best mitigate any risks or take advantage of any opportunities. For example, in terms of technology, it’s important to keep up to date with the latest advancements and consider how they can be implemented in projects to improve efficiency and effectiveness. In terms of competition, it’s important to stay informed about what competitors are doing and how to stay ahead of the curve.
social and political changes are important to consider when in an organization. For example, a political change, such as a new government being elected, can impact laws and regulations that the organization has to comply with. In terms of social changes, things like shifting demographics or social values can influence customer demand and what products and services are in demand. Finally, environmental issues, such as climate change, can have a significant impact on operations and project planning. For example, an organization may need to factor in the increased cost of energy and water or consider the impact of natural disasters.
As a project manager, considering these global issues is an important part of the job. It’s important to understand how these issues can impact the organization and the projects I’m involved in, and how to best mitigate any risks or take advantage of any opportunities. For example, in terms of technology, it’s important to keep up to date with the latest advancements and consider how they can be implemented in projects to improve efficiency and effectiveness. In terms of competition, it’s important to stay informed about what competitors are doing and how to stay ahead of the curve.
Here Technology is driving so much change in our world today. Global warming is creating many issues affecting how things are being done nowadays.
Organizations are not immune to the effects of these changes, so all projects being embarked on are impacted positively or negatively. Every Project Manager needs to up-skill to remain relevant and deliver
world-class projects using the latest technology, in good time and within a reasonable budget
A few of the global issues I can suggest as applicable to me includes;
1. The issues of politics in government
2. Environmental conditions
3. Technological issues
4. Diverse in the risk of doing business Social unrest
When dealing with competitive peers, it’s important to find strategies to make our brand more appealing and acceptable to our target audience. This proactive approach will enable us to maintain a strong position in the market.
In my role within the organization and considering the broader global landscape, I am attuned to the impact of various significant factors on both our operations and projects. Global issues such as technology, competition, social and political change, and the environmental crisis profoundly impact both the organizational dynamics and project outcomes. Organizations need to remain agile and responsive to technological advancements, strategically navigate competitive landscapes, adapt to societal and political shifts, and integrate sustainable practices to ensure projects align with the evolving global context. Proactive awareness and strategic alignment with these issues are crucial for organizational resilience and success in today’s dynamic business environment.
As a customer solutions Advisor, staying customer-centric is key, ensuring that my solutions are not only responsive to technological changes but also socially responsible and adaptable to the evolving global landscape. Proactively integrating these considerations into customer solutions will enhance customer satisfaction and contribute to the long-term success of your organization.
Team 3:
Global issues such as technology, competition, social and political changes, and environmental problems have a significant impact on organizations and projects. Here’s an explanation of their impacts:
1. Technology: Rapid advancements in technology can greatly influence organizations and projects. They offer opportunities for innovation, automation, and increased efficiency. However, organizations need to adapt to these changes by acquiring new skills, investing in technology infrastructure, and staying updated with emerging trends. Failure to do so can result in being overtaken by competitors or missing out on potential growth opportunities.
2. Competition: Globalization has increased competition by making it easier for organizations to enter new markets. This intensifies the need for organizations to differentiate themselves, improve their products and services, and deliver exceptional customer experiences. Organizations must continuously monitor the competitive landscape, analyze market trends, and develop strategies to stay ahead.
3. Social and Political Changes: Sociopolitical changes, such as shifts in consumer preferences, cultural norms, or government regulations, can significantly impact organizations and projects. Organizations must be responsive to societal needs and expectations, anticipate changes in customer demands, and align their strategies accordingly. Additionally, political instability, policy changes, or geopolitical tensions can disrupt business operations, supply chains, and financial markets, requiring organizations to be agile and adaptable.
4. Environmental Problems: Environmental challenges such as climate change, resource depletion, and pollution have implications for organizations and projects. Increasingly, stakeholders expect organizations to be environmentally responsible and sustainable. Organizations need to assess their carbon footprint, adopt eco-friendly practices, and incorporate sustainability strategies into their operations. Failure to address environmental concerns can lead to reputational damage, customer boycotts, and regulatory penalties.
Overall, organizations and projects must proactively navigate these global issues by being agile, adaptive, and socially responsible. They should embrace technological innovations, stay competitive, anticipate and respond to social and political changes, and address environmental concerns to thrive in an ever-changing global landscape.
Global issues as it affects organizations and the projects at hand is a serious point of concern to professionals and experts all over the globe.
Technology is a household phenomenon. technology is now everything and everywhere. As such ,organization and professionals must deploy latest methods and techniques to project value delivery as robots are warming up to take the jobs done by many people today. so, there is a challenge of continuous learning and development to avoid becoming obsolete and rather maintain relevance.
2. Social/political factor. this comes inform of unstable government policies and decisions which does not favor the thriving of businesses and projects
3.Competition has had its positive and negative impacts. For one, it has made organizations to develop policies that help to give them a competitive advantage, continuous improvement strategies , trendy market concepts and client delight policies.
4. Environmental changes as we are compelled to cope with the dynamics it brings into our organization and projects.
Global issues are unavoidable. However as a voiceover artist and a content creator, I have learnt to adapt to changes.
Technology: Explore how advancements in technology may influence the tools and platforms you use for voiceover work. Consider staying updated with emerging technologies to enhance the quality and delivery of your services.
Competition: Assess the competitive landscape within the media industry. Understand how global competition may affect the demand for voiceover services and explore ways to differentiate yourself through unique skills or specialized offerings.
Social and Political Change: Reflect on any shifts in societal or political attitudes that may impact the content and tone of media projects. Stay attuned to cultural changes, ensuring your work aligns with evolving expectations and remains relevant to diverse audiences.
Environmental Crisis: Consider the environmental impact of your work processes. Evaluate whether there are sustainable practices you can incorporate into your voiceover and media projects. This may involve digital initiatives to reduce physical waste or promoting eco-friendly practices.
In responding to this question, connect these global issues to the specifics of your voiceover business, addressing potential challenges and identifying opportunities for adaptation and growth. This reflective approach will help you align your projects with the dynamic global landscape and contribute to the long-term success of your business.
Any shift or Global changes affected businesses and project, this comes through changes in government policies, Invention of new technology, Social Crises, Environment Crises, Competition always arise and good for business growth.
Technology: We are in a digital world and this drives and assist a project Manager to solve problems through new technology invention, do his work technically and this also help in giving analysis and reporting, In a project that deals with construction or Hospital for example this allows the project manager brings in machines that can work accordinly to whats exepcted as of tday.
Social and Political Issues: This has been a driving force that sometimes determine the life of business in term of policy delivery and all organisation that still want to exist in business must abide by it but they must adjust to the policies with methods to keep company goals coming reality.
Global issues cannot be overemphasized as they either impact negatively or positively to an organisation or project.
Technology: this is already a growing term in which you need to keep up with or be discarded.
The use of robots are gradually gaining more grounds and in no distant time could replace the job that humans does.
Social and political changes affects a lot especially when poor or drastic decisions are taken regarding political appointments, hence giving a rise to dictatorship, poverty and sufferings.
Competition: there’s a rise in competition in most industries. It means that if you don’t treat your customers well, there are other competitors who are ready to receive them.
It will affect your business and bring about loss of customer retention and loyalty.
This constantly make us want to do better.
As for political and social, technological, and environmental changes, we work with the dynamics it brings to the project per project. This is because with different places comes different climate. And one thing all those global issues have in common with the exception of Competition is that they tend to change with time. So depending on who is requiring our service and where, we structure ourselves to fit the demand while maintaining our values. This can be really hard in certain political climate. Globally, businesses are on a harsh terrain because of the prevailing global issues
1. Political instability across the globe
2. Unstable government policies which most times leave businesses and organizations rise today and fall tomorrow
3.No sustainable economic plan
4. Technology is everything globally. Therefore, all should be made to embrace.
5. Cultural migration across the globe
A few of the global issues I can suggest as applicable to me includes;
1. The issues of politics in government
2. Environmental conditions
3. Technological issues
4. Diverse in the risk of doing business Social unrest
Technology is driving so much change in our world today. Global warming is creating many issues affecting how things are being done nowadays. Organizations are not immune to the effects of these changes, so all projects being embarked on are impacted positively or negatively. Every Project Manager needs to up-skill to remain relevant and deliver
world-class projects using the latest technology, in good time and within a reasonable budget
Global issues like technology advancements, heightened competition, social and political shifts, and the environmental crisis significantly impact organizations and projects.
Technology: Rapid tech changes demand constant adaptation, requiring projects to integrate new tools and processes, impacting project timelines and resource allocation.
Competition: Intense global competition means organizations must stay agile. Projects need to align with market trends and customer demands to maintain a competitive edge.
Social and Political Change: Evolving regulations and social dynamics can affect project planning and execution, necessitating adaptability and awareness of diverse stakeholder needs.
Environmental Crisis: Sustainability concerns are paramount. Projects must consider reducing environmental footprints, adopting green technologies, and complying with eco-regulations, adding complexity and cost.
In this dynamic landscape, organizations and projects must be flexible, innovative, and socially and environmentally responsible. Adapting to tech advancements, embracing diversity, and addressing sustainability are essential for long-term viability. Meeting these challenges head-on can lead to enhanced resilience and success in an ever-changing world.
Globally, businesses are on a harsh terrain because of the prevailing global issues
1. Political instability across the globe
2. Unstable government policies which most times leave businesses and organizations rise today and fall tomorrow
3.No sustainable economic plan
4. Technology is everything globally. Therefore, all should be made to embrace.
5. Cultural migration across the globe.
6. Toxic environments put businesses at high risk
7 Complex market dynamics
The complexity could be in the form of :
1. Technology shift
2.Global unrest
3. Social economic shift
4. Climate change
5. Government policies
We cannot over emphasize that the globalisation of these complexity plays different roles in various organisations
Project managers need to be fiscally sustainable. I believe that in my line of job the six skills attributes are essential on my day to day routine, among which I possess is continual professional development that will enables me in discharging my duties effectively. I enrolled into this course because I believe there is need to broaden my knowledge.
Some of the global issues I can lay down here for me are
1. The issues of political change in government
2. Environmental changes
3. Technological issues
4. Change in the risk of doing business Social unrest
5. High level of competition
How global issues like technology, competition, social and political changes, environmental problems, etc. have impacted your organization and the projects I am involved in?
Technology – Technology brought about a new way of doing new and old things, tackling new and old problems. These do not necessarily involve technical equipment but also novel ways of thinking or organizing. New machines in my facility make consultation less stressful for the doctor and almost painless and stressless experience.
Environmental Crisis – increased disruptions to society from extreme weather, with more flooding and storms, more severe droughts and heat waves, rising sea levels, and warming permafrost. Air pollution can even cause a reduction in revenue when there is high staff turnover or patients refuse to present at the facility due to the bad odour around the premises.
Social and Political – These two forces/influence options open to organizations in the sense that demography changes trends in the way people live, work, and think while on the flip side, government policies may make or mar a business.
Competition – Competition in the sector has put a lot of other healthcare facilities on their toes to step up their game in this industry with regards to developing new ideas, purchasing of new equipment, etc, if they are to get a slice of the national cake.
Competition plays a major role in my entity as it relates to project decisions. Knowing that we have competitors impact greatly our decisions in how we bid and how we offer our services to our clients. Keeping in mind that there are a lot of other entities who can do what we do. This constantly make us want to do better.
As for political and social, technological, and environmental changes, we work with the dynamics it brings to the project per project. This is because with different places comes different climate. And one thing all those global issues have in common with the exception of Competition is that they tend to change with time. So depending on who is requiring our service and where, we structure ourselves to fit the demand while maintaining our values. This can be really hard in certain political climate.
The world is evolving and as an engineer i have noticed so much effect on organizations and projects today, which are;
1. New technology: Tech is already the present and the future. The oil and gas / energy sector are beginning to implement the use of Artificial intelligence in the industry , to be able to meet up with the demands of consumers and this has led to loss of jobs because robots are able to maximize oil production with no risks.
2. Worldwide trade and competition: this is a major issue to all organizations due to inflation rate and currency exchange right now.
3. Social and political disturbances: often times organizations are being locked or projects are being stopped due to demands from community host.
4. Environmental emergency: this can come as flood, storm , risk to human life, which can disrupt the efficiency of workers, revenue etc
Well, we are in a generation where these changes are ever increasing…
It all ball down to how every company understands and responds to these complexities and how they in turn use it to influence the projects they chooses to undertake to achieving their intending goal.
Thanks
The competitive and unpredictable nature of the world has created a complex trend and possibility for projects.
Complexity could be in the form of:
1. Technological shift and advancement
2. Climate change
3. Socio-economic shift
4. Government policies
5. Global unrest
The Aerospace Mentorship organization is likely impacted by these global issues in various ways:
1. Technology: Advancements in aerospace technology significantly influence mentorship programs. Keeping up with cutting-edge developments is crucial to impart relevant knowledge and skills to mentees. Integration of emerging tech like AI, advanced materials, or propulsion systems impacts mentorship content and guidance.
2. Competition: The competitive landscape affects mentorship initiatives. Understanding market dynamics, emerging players, and innovative strategies becomes vital to prepare mentees for a competitive industry.
3. Social and Political Change: Changes in policies, geopolitical shifts, or societal expectations influence aerospace operations and practices. Mentorship programs might need to address evolving ethical standards, diversity and inclusion initiatives, or global socio-political impacts on the industry.
4. Environmental Crisis: The aerospace industry faces increasing pressure to develop sustainable practices. Mentorship programs could focus on eco-friendly technologies, green initiatives, and sustainability, preparing future professionals to tackle environmental challenges.
In projects, these global issues could manifest through the need for mentors to adapt teaching methodologies, address ethical implications of technology, prepare mentees for global market shifts, integrate sustainable practices, and foster an understanding of the aerospace industry’s role in societal and environmental contexts. Incorporating these aspects into mentorship programs ensures the next generation of aerospace professionals is well-equipped to navigate these pressing global challenges.
We cannot over emphasize the fact that globalization, environmental challenges, technology advancement, AI, and the likes is taking its effect and importance in the economy of today. For this reasons or having this fore-knowledge as a Engineering Consultant in the Civil Engineering world, we need to be on top of our game, learn the skills, software, update yourself on how to stay relevant & not to be obsolete so as to be able to fit in on any project that we come across.
The basics of knowledge cannot be forgotten, but the updating oneself to the latest developmental changes in ones field of endeavor is the way out. Always stay relevant.
As a teacher, I noticed that the massive attention given to technology by both staff and students is alarming I therefore will suggest that technology and cyber security should be studied in school. To build a better nation
As a music director, teamwork is the paramount ability needed in my organization as most times there’s is diversity which some times causes some certain bad circumstances.
With the fact that artificial intelligence is taking over the world,there is little dependence on the Human Resources which makes it difficult and impossible
In my experience as a learner of project management, effective communication is paramount. Clear goals, well-defined roles, and a detailed project plan contribute to successful outcomes. Embracing flexibility and adaptability helps navigate unforeseen challenges. Regular evaluations, feedback loops, and lessons learned sessions foster continuous improvement. Ultimately, a collaborative and organized approach enhances the likelihood of project success.
As an ICT engineer the changes will encounter in the cost of equipment and transportation from one point to another which is caused by the economy and probably the new government policies, it would affect your projects because if you have an ongoing project that has maybe last year for 6 years the current price that you purchase things it’s going to be different from when the project started the project.
One inevitable challenge faced frequently is the incessant changes in our external environment. It affects our service delivery, it affects our supply chains etc. The consistent increase in exchange rate which is a combination of economic factors as well as political factors affects our projects.
Development of new technological trends places us in a situation where we need to upgrade in order to stay alive in the competitive industry
With the rapid change and technological advancement the world is experiencing, there is less and less dependence on human resources. Inotherwords, one must constantly seek knowledge and continuous development in order to stay relevant.
There is relatively stringent competition witht the sudden advent of AI.
Social, political, and environmental issues have necessitated some projects to be put on hold or to experience a drag either due to lack of funds by sponsors or due to the impact of the on-going war between Russia and Ukraine as well as the middle East.
With the rapid change and technological advancement the world is experiencing, there is less and less dependence on human resources. Inotherwords, one must constantly seek knowledge and continuous development in order to stay relevant.
There is relatively stringent competition witht the sudden advent of AI.
Social, political, and environmental issues have necessitated some projects to be put on hold or to experience a drag either due to lack of funds by sponsors or due to the impact of the on-going war between Russia and Ukraine as well as the middle East.
Technology has played significant roles in project execution and implementations. With the help of technology getting job done becomes easy, though technology has its negative side too which is making people dependant on it, whereby if their is fault or network challenge some work cant continue. So technology can be seen as both good and a curse.
Technology has really helped my company. As one of the leading cookware manufacturers in the world, Burn has employed some modern technology and machinery that has helped the business attain such great milestone.
Executing projects in present day has faced a lot of challenges such as technological, political and environmental.
As it concerns technology, it can be said that technology has been both a blessing and curse. A blessing because it has aided in effective communication and making the execution of projects faster. One can now send emails, text messages and even communicate via various social media. There is little or no need of having a physical meeting.
On the other hand, technology has been a curse because it has in some instances slowed down projects due to lack of proper communication between team members especially where internet connection is unavailable.
As it concerns environmental, there are difficult terrains which makes execution of projects almost impossible e.g. in a place where the host community is hostile to project managers.
Lastly, managing projects can be affected politically. Governments come and go, and there is always the issue of new policies coming up everyday which hinder continuity; hence disrupting the execution of projects.
As a project manager, the changing world due to globalization and technological advancement as well as environmental change has greatly affected the way projects are being run and delivered. Apart from striving for professionalism, being and staying relevant is an integral part of the project works in meeting the needs and yearnings of the general public that we serve either directly or indirectly. Why is this? Technology has changed the way things are done, the advent of mobile phones, mobile interface that allows people to have access to basic information and services and not necessarily having to go physically is changing the attitude and response of officers to ensure proper service delivery. This one needs to also contend with those still stuck with the old ways of doing things which are no longer effective. Globalization has brought about global views and interaction because its no longer limited to those within your political, or sociocultural regions but the whole world as a global village. The environmental changes has put more awareness into the perspective of sustaining the integrity of the environment vis a vis the functionality of those within the same environment. Also the climate change , its effect and responses to those effects are now crucial to allow for adequate preparation in the case of adverse cases.
The complexity to which all these factors are now interwoven has also put a lot of demand on one hand while making others redundant on the other hand.
There are many complex issues that affect my practice. Consider technology transfer and its impact on project delivery, inflation as it affect prices of construction materials necessitating constant review of contract cost or need to re-negotiate the terms of a contract and finally global climate change and the environmental uncertainties surrounding construction activities.
As a vendor, I do supplies for NGOs, and the rate at which the Nigerian currency is falling against the dollar is so worrisome and makes the market unpredictable. Making it very hard for business owners too.
As an aspiring project manager in the construction industry, I think one of the global issues that is of major concern is inflation. Particularly as a Nigerian, the instability of the naira against the dollar does bad things to project costs. I think the impact of inflation is never positive for the client and project manager.
Yes, we make plans for such fluctuations, but at times, it can get so crazy that a project gets stuck.
As a customer service assistant professional here is how these Concerns resonate within my organization.
Technological Advancements: In the realm of customer service, technology has been a double-edged sword. On one hand, it has empowered us with innovative tools and platforms to enhance customer interactions. However, the rapid evolution of technology also means staying agile to adapt to new communication channels and tools. Keeping up with customer expectations in this dynamic technological landscape has been both exciting and challenging.
Competitive Landscape: The competitive landscape in our industry is more intense than ever. With globalization breaking down geographical barriers, we are not just competing with local businesses but navigating a global market. This necessitates a heightened focus on delivering exceptional customer service as a key differentiator to retain and attract customers in a fiercely competitive environment.
Social and Political Changes: The ever-shifting sands of social and political landscapes have a direct impact on customer sentiments. Navigating through diverse perspectives and addressing concerns arising from societal changes requires a nuanced approach. As a customer service professional, understanding and empathizing with customers from various backgrounds and perspectives has become integral to maintaining positive customer relations.
Environmental Concerns: Environmental issues have also made their mark on the customer service domain. Customers are increasingly conscious of the environmental footprint of businesses. This awareness has led to a surge in inquiries about sustainable practices, packaging, and corporate responsibility. Balancing the need for eco-friendly initiatives with operational efficiency is an ongoing challenge that demands strategic thinking.
In conclusion, the confluence of these global issues has made my role as a customer service assistant both dynamic and demanding. It has underscored the importance of not only meeting but exceeding customer expectations, all while adapting to the evolving landscape shaped by technology, competition, social dynamics, and environmental consciousness.
The world keep revolving and at the same time everything changes especially in technology.
But as a project manager,you take the best out of every change and be a professional that you are.
As an aspiring project manager, i think global issues like technology advancements, competition, social and political changes, and environmental crises can significantly impact organizations and projects.
Technological shifts may require adaptations to stay competitive, while political changes can influence regulatory movements. Social shifts may affect consumer preferences, and environmental crises can pose risks to operations. Organizations must navigate these dynamics to thrive and ensure projects align with the volving global landscape.
As a start-up technology company that I work for, I found out that technology and competition greatly affects the industry and also trying to find a balance to this whiles trying to get a win- win situation out of it, is truly a struggle.
In all the projects we do now, or that we may do, we use frameworks like SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to understand these complexities and PESTLE (Political, Economic, Social, Technological, Legal, and Environmental) analysis to anticipate external factors that could impact projects. Agile methodologies can offer the flexibility needed to navigate uncertainty, while waterfall methods provide structured planning that can be essential for specific regulatory requirements. The key is often to blend these approaches, using agile to iterate and adapt quickly and waterfall to ensure thorough planning and documentation where necessary.
Complexity is indeed a serious factor to consider as a PM.Ability to think out of the box matched with timely well thought out decision will help the PM navigate through challenges.
Political changes, competition, environmental , technology and social media has great impact on organisational projects, these impacts could be in the upside or downside whichever way the organisations uses these unpredictable event to effect growth, information and improve on existing stands.
Political issues and policy has a great effect at the consultancy firm where I work, making it difficult for us to get new projects. Also High Cost of Operation due to Global issues have a significant impact on our Organisation, in terms of making profit which will effect the growth and development of the Organisation.
Organizations in the development space such as ours are grappling with scarcity of resources including limited funding, this has influenced how we undertake the projects that are supported by our like-minded partners. We have strived to ensure that we fall in love with all the processes as laid down in our workplans and nurture relationships between the organizations and the donors for a sustained partnership. We also ensure we deliver real projects if supported by our development partners, this helps us to be in good books with our donors and in the change-making space.
Technology has positively affected my organization. We have moved to more efficient ways of doing carrying out tasks and projects. More effective and faster ways of communication.
Political change has been a major factor affecting my business. The price of buying raw materials for production has become extremely difficult, we now have to minimize profit to survive.
Big global issues affect the cycle of a project in all facets. Some global issues make projects easier while some make them harder. For example, technology has made project management and teamwork easy while pandemics and wars have made managing projects harder.
Technology is a great advantage in making project process move smoothly and also disrupt your progress. Technology makes the process easy by making researchers gain access to useful material to make the process smooth and at the same time slow the process of your progress. Environmental factors also have a crucial role in playing for your progress with your project, it can easily influence the success of your project and also low the process especially when the environment is not favourable. It is always good measures to be taken considering the above factors for a favourable result in your project.
Global issues can significantly impact project management by influencing factors like supply chain disruptions,resource availability and shifting priorities. Adapting to these challenges becomes crucial for successful project outcomes.
Globalization has made trade and technology more connected and interdependent. It has hightened interactions hence caused growth in international trade, exchange of ideas, beliefs and culture.
In my organization technology has made our operations easier thereby given our projects a huge boost. However, constant change in social, political and environmental factors has always determined the progression of our projects.
Competition is inevitable in our world. It is like blood fueling the growth of an organisation and at the same time determining the capacity of the organisation. Competition has made me stronger in the job because as a Clearing agent you have to be updated always due to constant change in government policies which in turn determine how our projects will be carried out.
As a project manager in the recent time, technology has made the job easier but at the same time complex because daily new problems are emerging and that challenges the project manager to alway be updated with technology and providing solutions
Technology has affected my organization as we have moved from doing almost all the work manually to digital workspace making us to achieve a more faster and efficient result.
Competition-the market place is getting bigger become more organizations are being formed and so competitors are on the rise, our organization carved a niche and also a selling point to our clients, like lower interest rate if not the lower and no hidden charge, allowing even the non-illiterate , market woman have access to our products and even partnering with some companies to sell products way cheaper than market price enabling us to stand out.so Competitions has made us better and always prepared.
Social and political changes have affect it
Economically it is draining to hold the business firm but we as an organization are thinking out the box in other to meet work done and also to uphold values of the organization
As a mass communication student and counselor who understands the importance of healthy communication and how it positively enhances the job of a project manager I would say we can not overemphasize the great effect we enjoy leveraging on technology. As a PM who needs to pass on information ASAP on any change the use of technology makes it easy and on time to get everyone in on new developments. To mention afew.
Technology has impacted my organization positively in that clients residing in remote places or geriatrics without a caregiver can now fill their prescriptions, get counselling and monitored for adherence electronically through a medium known as Telepharmacy
However, environmental crisis have impacted health and quality of life.
Social and political issues are not left out, with the rising cases of mental health being distorted, depression.
Technological advancement have created job opportunities for my colleagues to work both remotely and on site
Technology has positively affected my organization. We have moved to more efficient ways of doing carrying out tasks and projects. More effective and faster ways of communication. However, there are anticipated challenges created by these improved technologies as well which of course are under effective control
The advancement of technology has helped improve how project are monitored and advanced. Technology also help manage time wel in execution of projects.Economic and environmental factors too .A lot of projects are facing financial difficulties in order to execute their projects
The world currently is experiencing information overload, through Technology, Social Media , strong competition, environmental interference s etc. Thereby, eaving organisation to carve their niche by thinking outside the box and developing a Unique Selling Point to stand out. However, organizations should develop problem solving ideas as well as maintaining creativity and Innovation to withstand waterfalls amidst competition .This sustains organisational relevance and preference.
The global drive toward a sustainable future has greatly affected how we undertake our projects, in the construction sector. We take into consideration the impact of our project within the environment, from the sourcing and raw materials employed to the processes engaged in their transformation
Several factors such as environmental, technological and political factors has affected a whole lot of project over the year.
Political factor has affected so many project because of change of power. Once power changes existing government tends to abandon development project of the their predecessor.
Technological factor has affected projects where incompetent project manager or engineer is used to overseer the affair of a project work.
Technological advancement has continuously being a blessing to my organisation and profession. It has helped to increase the efficiency of the Healthcare workers as well as reducing mortality rate.
Frequent change in government, also has influence on us as it has often led to changes in policies which can sometimes be advantageous and sometimes detrimental to us.
How does the scenario in the video compare with your experience?
I am currently on multiple projects. This is because my company is trying to maximise personal due to financial challenges. This means that some disciplines don’t turn out deliverables as at when due. Management decided to hold project review session every 2 weeks with the aim of re-directing disciplines delaying the actualisation of a particular milestone to focus on them
How does the stated example compare to your experience?
Compared to my experience on projects, needs arises during a project that necessitates scope creep due to changing demand or recent development or regulation
Some projects I have worked on fall under both categories
1. Linear approach: this can be seen in lump sum projects where the number of deliverables are fixed and the master document register frozen from the beginning of the project. This project must be completed within the specified time.
2. Iterative approach: this can be seen in projects where workers on the project bill per hour and timesheets are filled. This projects are usually expected to be completed within a time frame and can exceed it depending on the need to expand the scope or introduce more deliverables
Political and social change has been a major factor affecting my organization(business). The price of buying goods for sale has become unbearabe that we sell with very little profit in order not to sell at a very high price.
Here’s how each of these factors may affect your initiatives:
Technology:
Advancements: Rapid technological advancements can both enhance and disrupt your projects. Embracing new technologies can improve project efficiency and outcomes.
Cybersecurity: Increased reliance on technology exposes your projects to cybersecurity threats. Protecting sensitive project data becomes crucial.
Data Management: Leveraging technology for data collection, analysis, and management can enhance decision-making and project monitoring.
Competition:
Market Competition: Competitive forces may affect the demand for your projects or services. Understanding your competition is vital for project sustainability.
Innovation: Staying competitive requires ongoing innovation. Regularly assess your projects and adapt to changing market dynamics.
Social and Political Change:
Policy Shifts: Changes in government policies and regulations can impact your projects. Be adaptable and proactive in adjusting your strategies accordingly.
Social Trends: Project success can depend on aligning with prevailing social trends, such as sustainability and inclusivity.
Community Engagement: Ensure your projects address social concerns and engage with the local community for support.
Environmental Crisis:
Sustainability: Environmental concerns necessitate sustainable project practices. Assess your projects’ environmental impact and implement eco-friendly measures.
Resilience: Projects should be designed to withstand environmental challenges, such as climate change or natural disasters.
Resource Constraints: Environmental issues may lead to resource scarcity, affecting project costs and timelines. Prepare for potential disruptions.
Global issues like technology, competition, social and political change, and the environmental crisis can significantly impact your organization and projects. Here’s how each of these factors may affect your initiatives:
Technology:
Advancements: Rapid technological advancements can both enhance and disrupt your projects. Embracing new technologies can improve project efficiency and outcomes.
Cybersecurity: Increased reliance on technology exposes your projects to cybersecurity threats. Protecting sensitive project data becomes crucial.
Data Management: Leveraging technology for data collection, analysis, and management can enhance decision-making and project monitoring.
Competition:
Market Competition: Competitive forces may affect the demand for your projects or services. Understanding your competition is vital for project sustainability.
Innovation: Staying competitive requires ongoing innovation. Regularly assess your projects and adapt to changing market dynamics.
Social and Political Change:
Policy Shifts: Changes in government policies and regulations can impact your projects. Be adaptable and proactive in adjusting your strategies accordingly.
Social Trends: Project success can depend on aligning with prevailing social trends, such as sustainability and inclusivity.
Community Engagement: Ensure your projects address social concerns and engage with the local community for support.
Environmental Crisis:
Sustainability: Environmental concerns necessitate sustainable project practices. Assess your projects’ environmental impact and implement eco-friendly measures.
Resilience: Projects should be designed to withstand environmental challenges, such as climate change or natural disasters.
Resource Constraints: Environmental issues may lead to resource scarcity, affecting project costs and timelines. Prepare for potential disruptions.
These global issues significantly impact project management by influencing the tools and technologies used, project strategies adopted to stay competitive, adaptation to regulatory changes and societal expectations, and incorporation of environmental sustainability practices. Project managers must be aware of these challenges and proactively address them to ensure successful project outcomes.
The advancement in technology has helped improve the self-employability of people. The evolution on a global scale affects all spheres of life rapidly improving positively all sectors.
It’s quite clear and needs no argument that project management is greatly affected by the world’s social problems. For instance, a project manager in charge of a digital manufacturing company needs to pay close attention to technological change to enable him or her to get profitable results. Also, competition matters a lot, aside from that most times it’s discouraging, but it also serves as a driving force for a project manager.
A project manager is necessary in out society today due to the complexity of activities that need to be addressed. Social and Political Changes
The instability in the economy of Nigeria has led to massive brain drain and that alone keeps dropping the school population each term. Parent are relocating abroad with their families for a better life.
The impact of Russia-Ukraine war affected the cost of fuel which badly impacted our running expense on generated. This propelled us to embrace the use of gas to power the generating set at a reduced cost.
The upheaval posed by globalization, climate changes, competition and telecommunication will serve as a wake up call for all PMs to develop the gritty approach towards every challenging situations been faced eith in the initiation, implementation and execution of projects with respect to the designated timelines of completing the project.
Due to technological advancements globally, competition is on the rise in organizations/ industries, political changes, environmental problems, ..etc, we as PM must keep an eagle’s eye out in order to maximize opportunities where there are problems to solve, we look to use Pm methods whichever works in any complex situation. Problems can generally be solved still due to advancements of technology, one will have several perspective of the problem at hand.
It’s clear that project management is deeply intertwined with the complex and rapidly changing global environment we live in. Here are some thoughts on how the mentioned factors can impact organizations and the projects they undertake. In the face of this complexity, project managers must be equipped with the right tools and methodologies to handle uncertainty and change. The mention of both waterfall and agile approaches is important, as they represent different ends of the project management spectrum. Waterfall is suited for projects with well-defined requirements, while agile is more adaptive and ideal for projects in which requirements evolve.
The ability to blend these methodologies and choose the right approach for a given project is a key skill for modern project managers. It’s also important to foster a culture of learning and adaptability within organizations, as the ability to respond to changes in the external environment is becoming a competitive advantage
As self-employed individuals or business owners, it is crucial to stay updated on the quality of the products and services we offer. We should also keep abreast of industry news, the latest trends, and ways to enhance our offerings through technology integration, ensuring that we remain competitive. In addition, it’s essential to invest in social tools to improve our marketing skills and prevent our products from becoming obsolete.
Furthermore, in the business environment, we must learn how to navigate interactions with diverse individuals, including those who may not support our business’s success. This can be achieved through effective communication, meeting their needs, or negotiation. To thrive in the dynamic business world, ongoing self-education is vital, ensuring we stay informed and adept in handling various situations.
When dealing with competitive peers, it’s important to find strategies to make our brand more appealing and acceptable to our target audience. This proactive approach will enable us to maintain a strong position in the market.
How technology, competition, social and political change and environmental crisis affects my organisation and projects
1. Technology: technological advancement Provide opportunities to enhance project efficiency through automation and emerging tools
2. Competition: intense competition affects organizations market positioning and necessitates strategic project adjustment
3. Social & political change: political change leads to new regulations and compliance requirements that impacts project planning and execution
4. Environmental crisis: environmental risk such as climate change affects the viability of projects, change in practice and resource consumption
Vuca framework is a useful tool for understanding and responding to challenges. It encourages organisations to be agile, flexible, prepare for possible outcomes and be willing to experiment
As a Building services Engineering practitioner, Technological advancement is a major game changer in our practice. For example, with advent of BMS (Building Management system), Smart Homes technologies etc. designs and installation of building services has greatly been impacted, therefore, organization in this practice that wants to remain technically and professionally relevant must focus on keeping abreast of this technological shift.
Environmental emergency like global warming as a result of ozone depletion has affected the code of practice ( i.e globally acceptable best practice) in our industry, a building services engineer must now bear these environmental factors in mind before taking engineering decisions/judgements in his designs/installation.
As a facility manager, changes in the technology have help us in acquiring equipments that have wirk seamless and makes life easy. We have been able secure our environment by using modern cctv cameras which has impacted positively on the lives and property at the estate. There is improvement in the standard of living.
Priced changes of building materials have also affected the cost of developmental projects.
Globalization and it’s complexities have affected our estate management.
As a real estate surveyor, technology has really made things easier and available in our organization,things that ordinarily take king to access are at our finger tips,Marketing, advertising, sales, negotiation and many things have been made easy and life better,so in order to keep enjoying these privileges,we have to keep updating ourselves with the latest technology.
Competition has increased since the advent of technology,if you’re not technologically sound,your competitors will take the clients who are always looking for who to deliver their job efficiently and in good time.
Policies made by the government could favour or be against us and it we must find a way of navigating around such policies through improving on ourselves inorder to be relevant in the industry.
Environmental crisis is one aspect that affects organizations,during the pandemic,alot of people lost their jobs because they were not technologically oriented and there was no way you could go to work that time because of the environmental crisis,that event has really revolutionize technology and has made people to go ICT or lose out on many opportunities,we are not there yet,but we are striving to get there.
As a school in the 21st century, we constantly have to be abreast of global changes, particularly in the field of technology, because growth in technology also impacts the trajectory of different industries including the education industry.
In 2020, Coronavirus rocked the world and forever changed the way we do business and interact with society. As a school, this instilled in us the awareness that we were raising children for the future, a future that will be driven largely by technology, different from what we were raised in. We knew it was either we adapted or were left behind. A massive reorientation took place, with us embracing technology in all our activities. Today, we have digital classrooms to support students’ learning. And meetings that used to be in-person are now held virtually. Planning of school events is done in online groups, reducing the need for physical meetings.
A change in technology, or global socio-political scene, even a change in national government often has a major impact in the way organisations run and ultimately carry out projects.
As someone working in a tech related company, technology has made almost everything easy and transparent. With our technology based products hospitals and medical professionals can attend to patients online, patients are also able to access effective healthcare from the comfort of their home.
Competitors help us evolve, work hard and stay up to date with trends.
Political changes- the useful of technology has also made some governments embrace it.
Talking about my career in building services engineering, technological advancement has brought about the use of different of softwares for our designs. Unlike before when most architects and engineers were heavily dependent on the use of the Autocad software for their designs. However, several other softwares are vastly in use now and if any organisation in the building services industry is aspiring to still remain relevant in business, then it must ensure it equips his workforce with the right skills to be able take on jobs without hesitation.
Competition in the market is getting more fierce like never before. This is to say that myriads of organisations now jostle for fewer projects and as such creating a situation which is being tactically exploited by clients to get projects done for cheaper fees.
Changes in the political terrain also brings about uncertainties which in turn have negative impacts on the economy. All these add up to affect the budget cost of a project.
Global issues such as technological changes, competition, social and political change and environmental crisis impacts my organization and projects. Technological evolution in the telecommunication industry have always put stakeholders on their toes for continuing upskill and innovations sometimes making certain specialization/skills become outdated and unsourced for.
Competition within the industry calls for improved planning/strategizing, product enhancement and constantly budding ideas to keep up with business trends. Political changes and environmental crisis are indeed other factors that keeps every project manager certain difficulty in making project decisions.
Based on my Experience competition has More effect on work.
The technology which is one of the global issues has really changed my organization i.e.
The advancement in technology has helped in organization skills of most organizations and it provides an edge for the Project manager to make work neater and more reliable. Competition is a driving force for any organization to up their game and become more competent, the Project manager should leverage on social and political changes by viewing i
How technology, competition, social and political change and environmental crisis affects my organisation and projects
1. Technology: technological advancement Provide opportunities to enhance project efficiency through automation and emerging tools
2. Competition: intense competition affects organizations market positioning and necessitates strategic project adjustment
3. Social & political change: political change leads to new regulations and compliance requirements that impacts project planning and execution
4. Environmental crisis: environmental risk such as climate change affects the viability of projects, change in practice and resource consumption
The technology which is one of the global issues has really changed my organization i.e. before now when there is a new price of PMS in the country, auditors will go to each service stations to change price but now due to technology it is now done automatically. This new development has really eased the stress off staff and they can focus on other things.
As a school, different aspects of the global issues have impacted us both positively and negatively. Our project is to continually deliver quality education to the children and satisfactory service to all stakeholders, Here are some of the impacts.
Technology: With the rapid changes in the use of technological tools in the education space, the school is kept on her toes to up her games so that teaching and learning keep up with global standards. For example, we deployed the use of a school software management system that uses A1 .It cuts across communication within and with parents, administering of CBT quizzes, lesson plans and presentation, e,t.c.
Social and Political Changes
The instability in the economy of Nigeria has led to massive brain drain and that alone keeps dropping the school population each term. Parent are relocating abroad with their families for a better life.
The impact of Russia-Ukraine war affected the cost of fuel which badly impacted our running expense on generated. This propelled us to embrace the use of gas to power the generating set at a reduced cost.
Adaptability has kept us thriving in the face of global uncertainties.
How global issues such as Technology, Competition, Social and political changes and environmental crisis impacts my line of work.
Technology- my line of work being tech related, one has to be kept abreast with the latest software updates, trends, modifications to aid proper and effective maintenance and repair of high grade mobile gadgets, because with newer modifications of software applications comes even more complex software issues associated with such mobile devices and gadgets.
Competition: with the ever changing dynamics in the mode of operations in all fields of life, both individual and corporate organisations are all trying to up their game so as not to be pushed aside. The competition is at its highest and no room for falling behind. Healthy competition of course begets innovation and outside-of-the-box ingenuity which is always welcome in any field of practice.
Social and Political Changes: in a world where the government of the day is often times the “be all and say all”. Work and business environments are often shaped by government policies and agendas which could either have a positive or negative impact on the nature of projects to be undertaken, the parameters and overall considerations of factors involved in the project to be undertaken. Political instability and unfriendly government policies have to a large extent affected mode of operations, customer patronage(reduction in purchasing power due to harsh economic realities) and overall business activities.
These global issues have further strengthened the need to be more informed, equipped and better prepared in line of work so as to always be a step ahead and have a competitive edge.
As automation technician, the development in technology has Indeed done a major help in reducing the complexities of components, enhanced organisation outputs with good time efficiency and less damage.
Aslo the raises of Competition has make strategies and strategic planning active in some organisation and facilitate continuous improvement.
Project managers need to be flexible, that is adapting to change cause as the days goes by the world keeps evolving and need ideas and technologies are birth.
There is great effects of Technology on projects along-side global issues. Automation and digital advances are shifting the normal way of handling projects away to more sophisticated analytical, technical, and managerial skills. However, proper training and more collaborative skills have to be introduce to equip workers with skills that complement the new technologies.
Political, legal, institutional, cultural, sociological technological resource, economic, financial, and physical infrastructure are environmental factors that critically affects projects.
Below are skills and critical stakeholders to consider to have a successful projects even with this Big global issues
project manager’s competence, top management support, project manager’s coordinating and leadership skills, monitoring and feedback by the participants, decision-making, coordination among project participants, owners’ competence, social condition, economic condition among others
Project managers need to possess a wide variety of skills, one of such is to be adaptable or flexible to changes (technology, social and political changes, competition etc). The role of project management has become very critical.
There is no way the global issues such as technology, competition,social and political change,environmental crisis will not affect but project manager needs to find a way to adapt and makr sure it does not affect the outcome of the project
I have seen firsthand the effects that the changing world has on the way a company or project is managed. External factors such as the present social and technological climate greatly affect the way a project is run, because failure to keep up with these changes could lead to the wrong parameters of success being used to judge the project. And when this happens, the desired and projected results are not achieved.
Thinking about these global issues such as technology, competition,social and political change,environmental crisis,well i will say these are external forces that can affect the mind because as a project manager we don’t have control over them,and at still yet these global issues can be of great opportunities or threats to an organization
Thinking about global issues such as technology, competition, political change and environmental crisis, All this are external forces which a project manager don’t have control over.
To have a successful project a project manager must be able to posses a skills to managed and adapt to those forces.
Thinking about global issues such as technology, competition, political change and environmental crisis influence the mind at times when it comes to managing of projects, because most of these issues don’t arise when laying down the prerequisite of a project. At the moment, the major global issue affecting my companys project has to do with competition and environmental crisis, with the season we are currently in, it’s difficult to work when you keep making changes to timeline because the weather might cloud at any given time. This is also dependent on political changes as well, with change in government come a change in plans, change in timeline, and also the almighty change in scale of preference . One government might want one project and the other will want a different one, .
As a small business manager, I understand that these global issues have a direct impact on my organization and projects:
1. **Technology**: Embracing new technologies can enhance project efficiency, communication, and customer engagement. It’s essential to stay updated with tech trends that could benefit your projects and improve your operations.
2. **Competition**: Increased competition, especially on a global scale, can affect pricing, market share, and the need for innovation. Adapting your project strategies and keeping an eye on competitors is crucial.
3. **Social and Political Change**: Social and political upheavals can influence consumer behavior and regulatory requirements. Being aware of these changes helps in project planning, risk assessment, and compliance.
4. **Environmental Crisis**: Sustainability considerations can impact project design, materials, and practices. Addressing environmental concerns in your projects can align with changing societal values and regulations.
Incorporating these considerations into project management is crucial for success, as they can influence project priorities, resource allocation, and stakeholder expectations. Being flexible and responsive to the evolving global landscape is key in managing projects in a complex world.
Isibhakhomen Angel Alimikhena
In Event planning the impact of technology, competition, social and political changes and environmental problems is significant and can influence various aspects of event management
*Technology: Enables event planners to reach a broader audience through the online marketing, social media,and email campaigns.
*Competition: Competition drives event planners to innovate and create unique event experiences to attract attendees.
*Social and political changes: changing social and political environment may impact event safety and security measures, such as crowd control and emergency response planning.
*Environmental problems:environmental concerns drive the demand for eco-friendly event planning, involving reduced waste,energy conservation and sustainable sourcing.
Events planners must stay attunde to these factors, adapt their strategies and consider their impact on every design, logistics and budgeting.
Your comment opened my eyes to many things. Thank you for your submission.
As a business development consultant, technology has helped the space so much. There is ease of registering businesses because everything is done online including collection of certificates. The rigours have been removed, time is saved, lives are saved because prior to now, we used to drive a distance of more than two hours to and fro to process these registrations.
Because of technology, I organize business trainings online without necessarily having my audience gather in a physical event.
This however, has increased the competition in the business. A lot of people both trained and untrained are into the business of company registration. One can easily go online, learn the process and start the business though without proper coaching you will learn the hard way. The real consultants still have the edge because we do a lot more for businesses than registration.
Governance affect the social, political and environmental terrain which impacts businesses directly. When the policies are business friendly, we inform businesses through trainings about these good policies and opportunities that can help their businesses grow. When it is the other way round, you see people reluctant to do business let alone attend trainings. Businesses do badly ultimately.
Technology, Competition, Social, political and environmental factors all affect projects and organizations. They affect the budget, quality and timeline of a project, and also determine if a project is valuable and acceptable to the consumer. They can either create opportunities or threats for an organization.
Global issues like technology, competition, social and political change, and the environmental crisis is having significant impacts on my organisation slum regeneration authorities and their projects. Below are how they affect slum regeneration:
1.Technology: Technology has empower slum regeneration authorities with tools such as software and equipment’s for better planning, design, communication, data analysis and project immplementation and evaluation. On the other hand, rapid technological change has made us to adapt to new ones constantly, which is a big challenge and resource-constrain for the authorities.
2. Competition: As slum regeneration projects become more crucial current issue of the day, competition for resources and support has increased. Authorities have to demonstrate their effectiveness and efficiency through public awareness, inviting NGOs/international donors, initiating public/private partnership projects and formulating policies and grassroots projects for government to secure funding and public support.
3. Social and Political Change: Changes in social and political landscapes has affected the priorities and policies related to slum regeneration. Change in political climates has one-way or the other advance or hinder regeneration efforts, and this social dynamics has great impact on the ongoing and proposed projects of the authority.
4. Environmental Crisis: Environmental challenges like climate change has direct effect on slum areas through flooding, extreme weather, and resource scarcity. Although, the authority intervention projects being carried out with sustainable practices in the regeneration areas is mitigating these risks.
In summary, the slum regeneration authorities is staying abreast of global issues and adapting to climatic effects and also ensuring the success and sustainability of it’s projects. It’s essential to note that the authority is flexible, innovative, and responsive to these challenges.
Technology keeps evolving and this has affected the educational sector as this has brought more advanced way of transmitting knowledge to learners and better equip the tutor . And makes learning more simple,less tasking and fun.
looking at the global scope today the world has come to a place everything is connected and once there is a crisis it affects everything that how close the world has become.
The evolution of technology has brought a lot of changes in the human race. Today, there’s alot of competition as a result of the present of technology.
Many analogue news channels have shifted to digital news media, most businesses are online. Our phones can be used to create whatever content we want with some softwares installed in it.
As a project manager,one needs to follow the trends and innovations and not remain static. Because change is a constant thing.
However, the global crisis has brought unrest to many nations. Russian and Ukraine has been at the war front with one another for almost nine months, not to forget Israel and Hamas recent war crisis as well. All these issues has affected many nations, their businesses and professions badly.
Currently, naira has depreciated. The cost of living is high in Nigeria to be precise, people are surviving by grace. All these issues have brought about social and political changes and has affected my organization and current project poorly.
as a digital financial personnel competition has really helped evolve the digital industry especially in Liberia where it is a two horse race but the biggest winner is mtn Liberia with 65% of the market share. more over competition have lead to more addition of services to the system….
Current global crisis from Russia/Ukraine war to the war between Israel/Hamas has caused hike in gas prices and food. This hike and shortages cause an automatic escalation in cost of good in Nigeria thereby affecting small businesses. However, technology has provided ways in which businesses and people can mitigate this risks and loss, by providing access to information when needed, simplified modes of accessing information.
The advent of Technology has made execution of projects easy compare to days of less technological development, Technology enhances work and help to minimize time and resources used in executing a project.
Polical changes affect project management in a bad way especially the developing African countries, where government changes policies without considering the effects of the decision on the economy, thereby affecting the execution of projects
Technology has made great advancement to every organisation that embraces. With Technology, improvement becomes easier. With everyday competitors/competition, you can rely on Technology to meet up with current trends and competition in your industry.
Global issues such as technology could affect my organisation as we benefit from the breakthrough of technology. Jobs that are done manually are now done with the help of technology. Where we face challenge in competing with technology, we develop new products and services that have kept us in business.
Political changes/decisions affect organisations. The policies they implement often affect how organisation runs. Because of the inconsistent nature of politics, we monitor legislative bills closely to prepare for potential changes. There were times when contracts were either terminated or tanked as a result of political change(s).
Social factors such as where people live, personal values and social status affect what, where and why people make decisions. We take social factors into consideration when developing our services.
Competition as factor can be ruled out completely. Some organisations around engage in the same line of business. What we do is to ensure our services are topnotch to stay relevant to our customers. We identify and evaluate our successes and challenges, thereby learning what to incorporate into our processes and how to prevent revenue loss.
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Thanks
Environment challenges particularly climate change is an issue in my field (agriculture) and technology has also come a long way to solving some of the challenges. For instance deploying climate smart agriculture.
In some cases, social issues like farmers-herdsmen clashes cause some level of disruption in farm project
As a business owner, we’ve taken environmental crisis into account as the company is being steered into producing environmentally friendly products. This means that different projects and systems were developed to reduce our impact on the environment with the new products.
As an entrepreneur, an issue such as social and political change highly affects the movement of the market. This is because such change can determine the price of a product sold due to inflation or deflation of prices.
It’s important to note that technology itself is neutral; it can be used for both positive and negative purposes. The impact on development and war depends on how it is harnessed and regulated by governments, organizations, and individuals; competition on the other hand is the fuel to Innovation. The absence of competition will lead to impoverishment, monopoly and consumption of inferior and harmful products.
As a development practitioner, big global issues, such as technology, competition, social and political change, and the environmental crisis affect my Organization in the development sector and my projects in the following ways:
1. Technology is rapidly changing the way organizations work in the development sector. The use of digital tools and platforms has become increasingly important for managing projects, communicating with stakeholders, and collecting data. However, keeping up with the latest technology can be expensive and time-consuming, which can impact an organization’s ability to deliver effective programs.
2. The development sector is becoming increasingly competitive, with many organizations vying for limited resources. Competition can lead to increased pressure on organizations to deliver results quickly and efficiently, which can sometimes result in corners being cut or programs being rushed.
3. Social and political changes can impact the development sector in many ways, including impacting the availability of funding, changing the needs of communities, and shifting the priorities of governments and donors. Organizations must remain agile and be able to adapt quickly to changing circumstances.
4. The environmental crisis is a critical issue facing the world, and it has significant implications for the development sector. Climate change, natural disasters, and environmental degradation can all impact the effectiveness of development programs. Organizations must consider the impact of environmental issues on their projects and work to incorporate sustainability into their programs.
A PM must have to embrace the complexities of this ever changing world in regards to technology, competition, social and political change, and the humanitarian/environmental crisis etc A PM has to master skills of approaching projects from different angles in whatever context presented to them. With a mindset of ‘change’, you are bound to adapt to whatever situation with your ethics to guide you through
These global issues significantly impact project management by influencing the tools and technologies used, project strategies adopted to stay competitive, adaptation to regulatory changes and societal expectations, and incorporation of environmental sustainability practices. Project managers must be aware of these challenges and proactively address them to ensure successful project outcomes.
With the break-out of corona virus which makes everyone to think outside the box and which led to the new normal work environment, it affected my office and the way we worked, so we have to device another way of seeing our customers to complete our various businesses with them.
With the advent of technology especially in software development, we had to change our way of sending physical statement of account to clients to online, customers get their statements via email and any enquiry or complaints are being sent via the software, hence the use of paper reduced drastically and invariable reduce our cost of operation including payroll cost as we had to cut down staff strength.
Change in new technology, social and political change, competition etc. can affect how projects functions and deliverables in terms of deadline, as the global issues have affects every organizations.
– New Technology: With change in new technologies, there are vast opportunities for every organization to key into the innovation as it gives you an edge and increases productivity.
– Social and Political Change: This can affect any organization as new policies and societal values can disrupt an ongoing project.
– Competition: Every organization faces competition and for one to excel, you have to improve your products or services.
As social development actor, our project change people daily life, and that impact us as well. The cases of human rights violations we deal with on a daily basis do indeed reflect the complexity of human beings, of crisis and therefore of the world we live in.
As a student union leader, I need to consider how major global issues impact our organization and the projects we undertake. Here’s how these issues affect us:
1. Technology: The rapid advancement of technology has a significant impact on how we engage with students, manage events, and communicate. Embracing digital tools and platforms is crucial to enhance our outreach, improve member engagement, and streamline administrative processes.
2. Competition: Increased competition among student organizations means we must be more innovative and strategic in our project planning. We need to differentiate our initiatives to attract and retain student members.
3. Social and Political Change: Shifts in social and political dynamics can influence student interests and priorities. Staying aware of these changes is essential for aligning our projects with the evolving needs and concerns of our student community.
4. Environmental Crisis: Environmental concerns, like sustainability and climate change, are becoming increasingly important for student organizations. Incorporating eco-friendly practices and projects into our activities aligns with global environmental goals and resonates with environmentally conscious students.
In light of these factors, I must stay informed, adapt to change, and use project management approaches that are responsive to uncertainty and shifting dynamics in the educational and social environment. We may need to balance traditional project management methods with agile approaches to remain adaptable and effective in a complex and ever-changing world.
As an employee in fabrication firm, technology has greatly improved and increase our daily work efficiency as most of our equipment’s were base on mechanized. It alters the culture by providing more real-time data on the performance of equipment in the field today, allowing fabricators to consider improvements that can be achieved in months through data algorithms rather than years or decades.
In the real estate industry, challenges such as environmental crisis, stiff competition, technological advancement, political shifts, have had positive and negative impacts in my organization and how project planning becomes effective.
Environmental crisis is a huge challenge in the real estate industry. For instance, during the raining season, a many housing projects were put on hold due to flooding in certain strategic locations that has been mapped as high yield for futuristic investment by clients. To solve this issue, the company resort to creating channels to ease passage of floods and extra sand filling. This creates an additional costs.
Political shifts also adversely affect the company by policy changes whereby acquired properties were revoked causing unsettling issues between the company and investors.
Technology advancement have helped the real estate market to boost up and reach wider audience via digital marketing, branding exposure, AI usage for content writing, etc. More clients have the option to choose from varieties of properties listed on the website.
In the Nigerian IT industry, Technology has had a major impact on the Nigerian IT industry and projects, both positively and negatively. On the positive side, technology has made it easier for companies to collaborate on projects, and has allowed them to reach a wider audience. Additionally, new technologies like cloud computing and AI have allowed for faster and more efficient project management. On the negative side, the high cost of technology has made it difficult for some companies to keep up with the latest developments, and cyber security issues have also posed a challenge. However, overall, the benefits of technology have outweighed the drawbacks for the Nigerian IT industry.
Competition: Competition has had a major impact on the Nigerian IT industry and projects. In recent years, there has been an influx of foreign companies and investors into the Nigerian IT market, which has led to increased competition. This has been both positive and negative for the industry. On the positive side, competition has led to innovation and improved services. However, it has also led to price wars and a race to the bottom, which has made it difficult for some companies to stay afloat. Additionally, the increased competition has led to a brain drain, as some of the best and brightest IT professionals have left Nigeria to work in other countries.
Social and political change:Social and political change has had a profound effect on the Nigerian IT industry and projects. The recent economic and political challenges in Nigeria have led to a decrease in funding for IT projects, which has had a negative impact on the industry. Additionally, political instability has led to insecurity and a lack of trust in the government, which has made it difficult for companies to plan for the future and invest in IT projects. However, despite these challenges, the Nigerian IT industry has continued to grow and innovate, and there is still a lot of potential for growth in the future.
Challenges such as environmental crisis, political instabilities especially has contributed to our organizational problem of goods distribution and supplies.
Global issues like technology advancements, heightened competition, social and political shifts, and the environmental crisis significantly impact organizations and projects in the organization where I work as an RF Engineer
Technology: Rapid technology changes demand constant adaptation, requiring projects to integrate new tools and processes, impacting project timelines and resource allocation.
For example, 4G Technology is gradually phasing out, and 5G is the latest technology
Competition: Intense global competition means organizations must stay agile. Projects need to align with market trends and customer demands to maintain a competitive edge.
The Information Technology industry changes rapidly, in other to remain relevant, Organization needs to change most of their infrastructure to compete.
Social and Political Change: Evolving regulations and social dynamics can affect project planning and execution, necessitating adaptability and awareness of diverse stakeholder needs. The price of dollar now has affected a lot the prices of equipments used in projects.
Environmental Crisis: Sustainability concerns are paramount. Projects must consider reducing environmental footprints, adopting green technologies, and complying with eco-regulations, adding complexity and cost.
In this changing landscape, organizations and projects must be flexible, innovative, and socially and environmentally responsible. Adapting to technology advancements, embracing diversity, and addressing sustainability are essential for long-term viability. Meeting these challenges head-on can lead to enhanced resilience and success in an ever-changing world.
Truly we are in a complex world and the world is rapidly changing. Technology a greater influence on the world has impacted and holds the greater percentage of the changes we have and would still have in the world.
As a PM, you need to evolve,continue professional development as the world evolves else you can get outdated. Other factors that have effect on projects are political instability due to change of government which causes changes in policies and one government favouring one to the other. Lack of investors resulting in an increase in exchange rate also affect negotiations with project sponsors …. To emerge and be successful as a PM you need to evolve and be up to date. Be friend with every government and many more
Technology plays a vital role when it comes to the society and this has made PMs finds their works more easily than before. someone can actually go online with the knowledge of tech and get almost all you want, for example, ChatGPT can solve almost everything we needed when it comes to handling of project.
Also,political changes had a negative way on the PMs because favoritism of someone not belonging to my political parties had make most PMs lost their and incompetency is now all over all in the name of favoring someone they are acquitted to.
Technology play a vital role in my projects because it makes work to be easily done.
Competition Most times ,competition affects project. For instance, if there are different competitors on the same line of business or project, it could prevent the growth of the business.Competion create an opportunity for someone to be more innovative, creative and bring out the best at what he/she does.
The global economy, and political world has an influence on our work as PMs. Although, with the current changes and growth in tech development, we can be able to harness and get more informations needed for a task through rigorous online research.
For every project manager, I think technology has made it a bit simple to get your project done in the complex world we live in today because it is a level playing ground for everyone in carrying out the project, you get access to information on the project you want to embark on at the same time you have to be very careful most especially when on the internet in sorting out for the information you required for your project not to get into security theft by scammers.
competition is a serious issue when it comes to project management because you have to be creative and sensitive to things happening around you and don’t ignore every little idea you get or that flies around I always go back to the drawing board to juster pose on how to become best at what I do and don’t strive to compete at all times, but just get a key that works for me on the project.
social and political decisions have a greater influence on project management, because I have to understand the kind of people am carrying out the project for and for the government decision for every policy that is made by the government will either affect a project positively or negatively, but as a for me, I have to study the patterns of that social group or the government.
environment is also a major factor that influences a project, I have to understand what that particular environment needs and the kind of project that will work in such an environment because when it comes to environment we have different classes of people there.
I will say political and economic developments and associated changes in the practice and delivery of health and social care have led managers and professionals to recognise the importance and links between problem solving and decision-making skills. In particular, assessing the impact of political, economic, socio-cultural, environmental and other external influences upon health care policy, proposals and organisational programmes is becoming a recognisable stage of health service strategic development and planning mechanisms. Undertaking this form of strategic analysis therefore is to diagnose the key issues that the organisation needs to address.
As a PM Solving of problems has become less difficult because of the advancement in technology and knowing that you have competitors and those ahead of you in an organization or a niche keeps one in check to know how to think outside the box to do things in a different and unique way.
The impact of technology, competition, social and political changes, and the environmental crisis on organizations and their projects is profound.
In my experience, technology has been a double-edged sword – providing new opportunities but raising all concerns about data security/usage. Competition will always drive us to innovation, and it can also create pressure to cut costs. social and political shifts often leads to regulatory changes that affect project timelines and budgets.
The environmental crisis is pushing organizations to adopt sustainability initiatives, which can impact project scopes.
i am eager to learn more as we proceed in further discussions/classes.
In the Nigerian banking industry, As a banker, I have seen firsthand, how global issues have a profound impact on banks and their projects.
Technology: Technological advancements like mobile banking and digital payment systems are reshaping customer expectations. Nigerian banks need to adapt by investing in digital infrastructure and innovative services. For instance, the adoption of mobile banking apps by banks like GTBank and Zenith Bank is a response to changing customer preferences.
Competition: With an influx of both traditional banks and fintech startups, competition is fierce. This requires Nigerian banks to enhance customer experience and develop competitive pricing models. An example is the competition between Access Bank and First Bank, both striving to offer attractive financial services to gain a competitive edge.
Social and Political Change: Nigerian banks are affected by changes in government policies and socioeconomic shifts. The recent cashless policy initiative by the Central Bank of Nigeria has led banks to adjust their strategies and invest in infrastructure to support electronic transactions.
Environmental Crisis: Climate change and environmental sustainability are emerging concerns. Nigerian banks like Stanbic IBTC are increasingly considering environmental responsibility in their projects, such as funding sustainable initiatives and adopting eco-friendly banking practices.
These global issues necessitate adaptability, innovation, and responsible banking practices, shaping the strategies and project priorities of Nigerian banks.
With the big global issues, I think it’s been able to impact my organization by encouraging us to develop external and strategic thinking.
Also enable us to anticipate future business threats and take action to avoid minimize the impact.
Also avoid taking action that is doomed to failure from the outset, for reason beyond our control.
One key factor that affects my organization in this complex world is the constant evolution of new technologies and the competitive market environment.
For instance, when there is a breakthrough technology like brain chips or artificial intelligence (AI), we need to allocate a team to invest time and resources to explore these new technologies and determine how we can leverage them to improve our projects.
Furthermore, in the face of market competition, we dedicate time and effort to understand new methodologies and emerging companies. Sometimes, this may result in the termination of other projects to ensure our organization remains competitive.
Considering these major global issues like technology, competition, social and political changes, and environmental problems, the impact on organization and the projects.
To succeed as a project manager, we need to master the skill set very well. we need to know the best combination of project approach and methodology to execute the project in context. we need to under who are the stakeholders and the different level level of communication or building communication with the stakeholders.
Why am saying this, in the early days of fintech in Nigeria i was working with a tech. company. we had a project to work on mobile money aggregator, and on the other hand, the company has a sister company to function as a mobile money operator in the company.
A sudden change in the political power in the country firstly suddenly affected the project. This was a major challenge faced by the company. By the time this problem will be resolved after more than 1 year, the project was faced with issue of technology, because the technical partner from France has deploy the solution to another competitor in the industry.
Before i left the company the project was not executed.
If there has been an effective team of experienced and professional project managers onboard this project , there would been probably a strategic win-win decision taken on the project so that the company will not loose.
Managing Projects in a complex world with the growth in technology and global changes makes it even more interesting. You just have to be updated with every trend and update as a project manager so you don’t float
The world itself being a global village, means things are changing rapidly, hence the need to always update and upgrade
Global issues like Technology, competition, social and political change, environmental crisis can easily change a clients deliverables on a project at any time.
Technology and competition can affect the quality, social and political could impact on the scope and budget, while environmental crisis could all aforementioned components including the timing
Therefore, all these must be considered during the risk and impact assessment of any project at any given time and possible solutions must be proffered ahead of the exercise.
As an account relationship officer, these major global issues somewhat affects my organization in every aspects.
Technology: This is fast rising in the world now, because technology continues to take its turn on improvement. Thus, it affects us positively as many transactions are being done online by customers (by themselves), all thanks to technology.
Competition: Every financial institutions wants to be the best in the global market. So as such, there is room for competition and adjustments as we try to make sure we help and satisfy other customers to avoid losing them to other competitors.
Social and Political Changes: Here, my organization is greatly affected as it has adapted to civilization, reformation, formal education, amendment of new policies as well as technological advancement, which has helped in improving the existence of the financial sector in Nigeria.
Environmental Problems: My organization would definitely encounter environmental problems, because it has to deal with other financial institutions around her, how to deal with the competition, and finally the area/point at which the organization is situated and if it is accessible to customers, in order to avoid complaints/bad reviews which would have a great impact on the organization.
Being an international company, the things that affect us includes,
Technology – Regular training on all personals on all new technologies to be able to support clients effectively. Political changes- Amending and introducing new policies by the government of all the countries we are present and the countries of our clients.
Competition- ability to be creative and innovative to enlarge our client base.
The aspect that affect my organization is the political aspect because we work for government and we had a project to deliver before the past government left, now there’s a new one on board and the project has stalled for months now but we are hopeful to start by next year and after we had a meeting with them.
Yes, three most important issues defining modern life; globalization, politics and technology. These three has changed the lifestyle of many, including individuals, organizations, and governments across the world, implicating on work culture, environment social and economic impact.
Thinking about those big global issues, such as technology, competition, social and political change, and the environmental crisis, ask yourself how do these affect my organisation and my projects?
As a leader of vision with an eagle eye,
I believe competition will help in a more deliberate way to help employees to increased productivity in meeting up with the ever societal change which will make my organization shift focus to a particular targeted clients to satisfy our clients and keeps up with the reputation of the organization while technology will have impact by improving the quality of service rendered.
Environmental crisis – the condition and state of the situated environment area will cause organizations to adapt to the government regulation policies which sometimes might limit the operation of the organization.
In the primary academic sector, which includes elementary and middle schools, complexities can arise from various factors:
1.Diverse Student Needs: Students have different learning styles and abilities, making it challenging for teachers to provide personalized education.
2.Curriculum and Standardization: Balancing standardized curriculum with the need for individualized instruction can be complex.
3.Parental Involvement: Involving parents in a child’s education can be challenging, as their engagement levels vary.
4.Limited Resources: Primary schools often face resource constraints, such as funding and classroom space.
5.Teaching Methods: Educators must use diverse teaching methods to meet the needs of all students.
6.Child Development: Understanding and accommodating the developmental stages of children adds complexity to teaching strategies.
7.Assessment and Evaluation: Fairly assessing student progress while considering their diverse abilities is a complex task.
8.Inclusive Education: Ensuring that children with different abilities are included in regular classrooms can be a challenge.
These complexities require educators, parents, and policymakers to work together to create effective and inclusive learning environments for primary students.
In the baking industry where I operate, and in a country like Nigeria with so much uncertainty and instability that has forced several companies out of business, there is so much to say about the impacts of these global issues.
Technology: I am tempted to say that this is the only positive thing that has happened to any baker, as it has made available tons of information and ideas on how a baker can constantly improve and/or innovate, as well as stay afloat of competition.
Competition: There is so much glut in the bread industry, that is, the saturation of the space with too many players, which means very tough competition among bakers. Hence, there is a need to constantly think of ways to both challenge and to be different from the competitors.
Social and Political changes: these have very terrible impacts on businesses in Nigeria, and the baking industry is no exception. From the numerous and senseless fees and levies imposed on businesses by government arms to the prices of raw materials steadily going up, it leaves one with so much uncertainty and, many times, confusion about how to achieve product quality and the best pricing at the same time.
Environmental problems: from climate changes to the bad roads that make transporting bread from the bakery to sellers difficult, these and many more also impact greatly on the daily operations of our bakery business.
As a government worker communication has greatly improved and increase our daily work efficiency as most of our equipment’s were base on mechanized. It alters the culture by providing more real-time data on the performance of equipment in the field today, allowing fabricators to consider improvements that can be achieved in months through data algorithms rather than years or decades.
In conformity Assessment practice, Changing technology influence the approach to inspections , certifications and testing significantly, new tools and methods , softwares are available for managing tasks and projects . Assessments and evaluation that used to be carried out physically on-site are now carried out by use of virtually with it draw-backs and benefits.
The crisis of the environment creates new challenges for achieving the net zero target (SDG) of environmental performance especially in Africa still struggling with effective frameworks for measuring and monitoring environmental pollution and imbibing practices that enhance a performing environment.
Global complexity also puts forward the need for review of standards to accommodate the realities of multi-faceted risks and opportunities associated with the changes and responsively attain sustained success by organizations and interest groups.
In my Agribusiness, i have the following to say:
1. Technology: Technological advancements such as precision farming, automation, and data analytics have significantly impacted the agribusiness sector. These technologies have improved productivity, efficiency, and sustainability in farming practices. To stay competitive, agribusiness organizations need to adopt and integrate such technologies into their operations.
2. Competition: Globalization has increased competition in the agribusiness sector. Organizations face challenges from both domestic and international competitors. This requires agribusiness organizations to constantly innovate, adapt to changing market demands, and develop strategies to differentiate their products and services.
3. Social and political change: Social and political changes can influence consumer preferences, regulations, and government policies related to agriculture and food production. Agribusiness organizations must stay informed about these changes and adapt accordingly. For example, shifting consumer preferences towards organic and sustainable products may require changes in farming practices or transitioning to alternative production methods.
4. Environmental crisis: The environmental crisis, including climate change and resource depletion, has direct implications for agribusiness organizations. Agriculture is highly dependent on natural resources such as water, land, and biodiversity. Climate change can impact crop yields, pest and disease patterns, and overall production systems. Agribusiness organizations must develop sustainable practices, implement technologies for efficient resource utilization, and mitigate environmental impacts to ensure long-term viability.
Overall, these global issues require agribusiness organizations to be proactive, adaptive, and responsible. Embracing technology, staying competitive, being aware of social and political dynamics, and addressing environmental challenges are crucial for success and long-term sustainability in the industry.
Political issues within the politics
Political changes- New policies.
Technology – Getting access to and getting a hang of new technologies to speed up productivity.
Competition- Being innovative enough to avoid copying others and still remain relevant in the ever changing industry.
All these affect projects and Project Management.
The use of technology has really helped in my organization, from identifying previous dilemmas and getting solutions to them to advertisement of our products, it has also helped in doing better to have an edge over our competitions which in turn motivates our employees, make them put in more efforts, and achieve better results.
Addressing challenges has become markedly less arduous with the contemporary strides in technology. Solutions can now be readily procured from a myriad of perspectives, thus highlighting the pivotal role our contemporary milieu plays in the realm of efficient project management.
As a public Servant, the changing world due to globalization and technology as well as environmental change has greatly affected the public service, Because asides from striving for professionalism, being and staying relevant is an integral part of the public service in meeting the needs and yearnings of the general public that we serve either directly or indirectly. Why is this? Technology has changed the way things are done, the advent of mobile phones, mobile interface that allows people to have access to basic information and services and not necessarily having to go physically is changing the attitude and response of officers to ensure proper service delivery. This one needs to also contend with those still stuck with the old ways of doing things which are no longer effective. Globalization has brought about global views and interaction because its no longer limited to those within your political, or sociocultural regions but the whole world as a global village. The environmental changes has put more awareness into the perspective of sustaining the integrity of the environment vis a vis the functionality of those within the same environment. Also the climate change , its effect and responses to those effects are now crucial to allow for adequate preparation in the case of adverse cases.
The complexity to which all these factors are now interwoven has also put a lot of demand on one hand while making others redundant on the other hand.
Global issue such as an advancement technology have had great impacts on my organization. This had led to the reduction in work force as things could be easily done will the assistance AI.
Solving of problems has become less difficult because of the advancement in technology and knowing that you have competitors and those ahead of you in an organization or a niche keeps one in check to know how to think outside the box to do things in a different and unique way. Technology has made it possible for us to use different approaches in getting on job done without much hassles!!
As an organization, it is heavily impacted by major global issues like technology, competition, social and political changes, and environmental problems. Let’s explore each of these impacts in detail:
1. Technology:
Technology plays a crucial role in shaping the work of my organization and its projects. Advancements in technology have opened new avenues for communication, data collection, and analysis. The company leverage technology to improve healthcare delivery, data management, and research. For example, implementing electronic health records (EHR) systems can streamline patient management and enhance healthcare planning. Additionally, telemedicine can facilitate remote consultations and bring healthcare services to underserved areas. However, technology advancements also pose challenges, such as the need for continuous training and investments to keep up with rapidly evolving digital solutions.
2. Competition:
As a global organization working in Sierra Leone, Its faces competition from other NGOs and healthcare providers. The presence of multiple organizations vying for limited resources can make it challenging for us to secure funding and form partnerships. To stay relevant and competitive, we continuously innovate and demonstrate its unique value proposition through the effectiveness and success of its projects.
3. Social and Political Changes:
Social and political changes have a profound impact on the work of the organization in Sierra Leone. Changes in government policies, regulations, and priorities can influence the organization’s ability to implement and sustain projects. Socio-political instability or conflicts can disrupt healthcare services and complicate project implementation. Additionally, social dynamics, such as cultural beliefs, gender inequality, and stigma, can affect the willingness of individuals to access and engage with our services. Therefore, we adapt our programs and strategies to meet evolving social and political contexts.
4. Environmental Problems:
Environmental problems, such as climate change and natural disasters, indirectly affect the organization and its projects. Climate change can lead to the spread of infectious diseases, altered disease patterns, and increased health risks. Natural disasters like floods and storms can damage healthcare infrastructure and disrupt the continuity of services. In such situations, we established contingency plans in place to ensure the safety of its staff and the continuity of its projects.
In summary, my organization is influenced by technology, competition, social and political changes, and environmental problems. Adapting these challenges requires us we embrace technological advancements, demonstrate its unique value proposition, be responsive to social and political dynamics, and adapt strategies to address environmental concerns. By navigating these global issues effectively, This can continue making a positive impact on healthcare in Sierra Leone .
As the whole world is now a global village with advent of technological advancement and continous change in ecomomical development and instability in political development in every nation the world.It is well glaring for project to be well managed,it is important that project management must come into play, for a good execution of project on scope,budget,quality and time
As an organization, it is heavily impacted by major global issues like technology, competition, social and political changes, and environmental problems. Let’s explore each of these impacts in detail:
1. Technology:
Technology plays a crucial role in shaping the work of my organization and its projects. Advancements in technology have opened new avenues for communication, data collection, and analysis. The company leverage technology to improve healthcare delivery, data management, and research. For example, implementing electronic health records (EHR) systems can streamline patient management and enhance healthcare planning. Additionally, telemedicine can facilitate remote consultations and bring healthcare services to underserved areas. However, technology advancements also pose challenges, such as the need for continuous training and investments to keep up with rapidly evolving digital solutions.
2. Competition:
As a global organization working in Sierra Leone, Its faces competition from other NGOs and healthcare providers. The presence of multiple organizations vying for limited resources can make it challenging for us to secure funding and form partnerships. To stay relevant and competitive, we continuously innovate and demonstrate its unique value proposition through the effectiveness and success of its projects.
3. Social and Political Changes:
Social and political changes have a profound impact on the work of the organization in Sierra Leone. Changes in government policies, regulations, and priorities can influence the organization’s ability to implement and sustain projects. Socio-political instability or conflicts can disrupt healthcare services and complicate project implementation. Additionally, social dynamics, such as cultural beliefs, gender inequality, and stigma, can affect the willingness of individuals to access and engage with our services. Therefore, we adapt our programs and strategies to meet evolving social and political contexts.
4. Environmental Problems:
Environmental problems, such as climate change and natural disasters, indirectly affect the organization and its projects. Climate change can lead to the spread of infectious diseases, altered disease patterns, and increased health risks. Natural disasters like floods and storms can damage healthcare infrastructure and disrupt the continuity of services. In such situations, we established contingency plans in place to ensure the safety of its staff and the continuity of its projects.
In summary, my organization is influenced by technology, competition, social and political changes, and environmental problems. Adapting these challenges requires us we embrace technological advancements, demonstrate its unique value proposition, be responsive to social and political dynamics, and adapt strategies to address environmental concerns. By navigating these global
In the past, private schools worked independently, each according to the desires of the founders once some basic government requirements were met.
That is no longer the case as the following impacts greatly on my organization:
1. Technology: It is now compulsory for schools to incorporate technology into their curriculum at a general and individual level. ICT subjects are required as learners have to be compliant, otherwise it affects ability of the school to retain students. During Covid-19, only technological advanced schools were able to remain in business because of restrictions on physical interactions.
2. Competition: There are many schools which are offering various additional services to draw parents to them. Any school worth her salt now has to be at par or ahead of competitors in order to remain profitable.
3. Social/Political Changes: Many households in Nigeria are struggling with economic and social issues. Families are structuring their lifestyles to meet the realities. This is affecting schools as more parents can no longer afford to retain their kids in very expensive schools.
4. Environmental Problems: In my school, children who come from far places are being withdrawn to school closer to home. Also, when it rains heavily, many of them can’t move out of their homes due to flooding and bad roads.
As a worker in the health sector… Technology has affected the health sector in such a way that all equipment are now technologically inclined …there are new and modern facility which has made work easier, faster and more effective and accurate. .. Tests and some Operation are carried out today using modern technology, making it less complex and more efficient.
Competition.. As the world is changing, lots of companies and individual has venture into the health sector investing huge in first class and top notch health care delivery ..this has made it more competitive for my organization to step up their games
Social and political changes such as regulations of government policy, union policies and other has left the health sector to have lots to deal with of late… starting with government not meeting the needs of health workers to union embarking on strike actions and so on
environmental Crises…with the rate of climate change and global warming,, the health sector has had to deal with alot of problem , from pandemic, outbreak of disease, and so on, this has taken a toll on both the man power and resources making it complex to deal wit..
Adapting these challenges requires us we embrace technological advancements, demonstrate its unique value proposition, be responsive to social and political dynamics, and adapt strategies to address environmental concerns. By navigating these global
How do the challenges of volatility and uncertainty affect your organisation? And how do these challenges present themselves in projects?
For instance, if the church is planning a missions trip to a remote location, volatility and uncertainty can affect this project. This is because the church may face volatility in the form of unexpected changes in the political or economic situation of the country they are traveling to, which could affect the travel plans or safety. They may also face uncertainty in terms of not knowing exactly what the needs of the community they are serving will be, or how their efforts will be received. These challenges could result in the church needing to change their plans, adjust their budget, or even cancel the trip altogether.
Solving of problems has become less difficult because of the advancement in technology and knowing that you have competitors and those ahead of you in an organization or a niche keeps one in check to know how to think outside to box to do things in a different and unique way.
I work with a technical college, where we have combination of sponsored trainee and paying trainees. Recent governmental policy on fuel affected the trainees and staff badly and this just describe how policies of government get to affect businesses and projects.
I currently work in the HR department of a Christian organization and there are lots of different factors to consider. One thing that comes to mind is how the rise of technology has impacted the way that organizations like ours operate and recruit employees. With the advent of social media and online platforms, it’s now easier than ever for organizations to reach out to potential employees and spread their message. However, there are also challenges associated with this, such as the need to navigate complex privacy and security issues.
Another issue that’s worth considering is how global competition is changing the labor market. In recent years, the global labor market has become more competitive as companies look to cut costs and find the best talent. This has led to increased competition for jobs, as well as pressure on salaries and benefits. For Christian organizations, this means that they need to be even more strategic in their approach to HR and talent acquisition. It is highly important to find ways to stand out from the crowd and attract the best candidates.
Whilst for the social and political change, which is a particularly relevant issue for Christian organizations, as many of them are involved in advocacy and activism. The current political climate has created challenges for organizations that are trying to navigate the changing landscape. It is important to be aware of these changes and adapt accordingly. For example, some organizations may need to adapt their policies and practices to comply with new laws or regulations. This can be a complex and time-consuming process, but it is essential to remain compliant and avoid any legal issues.
The advent of technology and current political policies have affected us both positively and negatively. As an organization, we strive earnestly to meet up with the reality, by being updated at all times despite challenges.
As an employee, the use of technology has helped improve my skills, knowledge and experience. It also helps me to contribute effectively as well as efficiently to the organisational growth and goals of the company.
Competition (Healthy Competition), helps motivate employees to give in their very best so as to achieve the required results.
As a marketer technology has helped in making the work easy as I get information about a close substitute product in the market and this allows me to do some analysis as to why a customer should buy my product and not the other, competition means that my company be up and doing in order not to be left behind while maintaining its market share and globalization help to bring all in one shell.
They have affected my work and my output on a positive note
Environmental crisis can occur,also competitors make you think deeply, also globalization help alot in creating or solving a problem in a project
The use of technology amplifies business and it has really helped in my organization.
competition can motivate employees, make them put in more efforts, and achieve results
uses of technology amplifies business and it has really helped in my organization.
competition can motivate employees, make them put in more efforts, and achieve results.
As an employee in a metal factory, technology has greatly increased and improved our work efficiency and time rate as most of our equipment is mechanized. Competitions have also impacted our productivity to satisfy our clients. Environmental crises/factors such as rain and thunder hurt our productivity by reducing our work time.
Currently in my country, the economic change has put a strain on business in the sense that we struggle to still give quality and serve or clients at prices that are fair and friendly.
As an entrepreneur competition helps to keep me on my toes in terms of being at par with the growing rate of the use of technology, chatGPT- AI in general and ensure the measures, policies, terms or conditions, values; put in place are able to evolve with the world.
As an employee at an agro business company,
expectations of business associates are high however, due to the change or irregularity of the weather condition these high expectations can hardly be met. The present weather condition is causing damages to the products and other problems to be solved/projects to take on. And approaches to be used to solve these problems can also be affected.
Global issues like technology advancements, heightened competition, social and political shifts, and the environmental crisis significantly impact organizations and projects.
Technology: Rapid tech changes demand constant adaptation, requiring projects to integrate new tools and processes, impacting project timelines and resource allocation.
Competition: Intense global competition means organizations must stay agile. Projects need to align with market trends and customer demands to maintain a competitive edge.
Social and Political Change: Evolving regulations and social dynamics can affect project planning and execution, necessitating adaptability and awareness of diverse stakeholder needs.
Environmental Crisis: Sustainability concerns are paramount. Projects must consider reducing environmental footprints, adopting green technologies, and complying with eco-regulations, adding complexity and cost.
In this dynamic landscape, organizations and projects must be flexible, innovative, and socially and environmentally responsible. Adapting to tech advancements, embracing diversity, and addressing sustainability are essential for long-term viability. Meeting these challenges head-on can lead to enhanced resilience and success in an ever-changing world.
As a consultant political instability and policy has become a great issues toward achieving a project goals.
Technology has also has its own positive and negative toward achieving a project goals as introduction of AI and chagpt has required an organization to think outside the box to achieve there goals.
Global issues have significant impacts on organizations and projects and it plays a vital role and its has make project management challenging in terms of great increase in the level of competition, Environmental changes Risks in operations and influence Social behaviors at some levels of the organization process.
As a manager in a production firm, the government policies have greatly affected the business in the cost of production. This has equally expanded my horizon to look inward for material resources. Also, my negotiation skills have improved with our resource agencies. Technology has also helped to mitigate wastage and other forms of loss to the company.
The world has fast changed as a result of advancement in Technology and it’s has a positive and negative effect. But I’m the overall, technology has improved and positively influenced PM. Teams can be across nations and they can meet hitch-free online because of easy access to Zoom, google meet, WhatsApp among others
Research too has been made easy as a result of technology.
I think undertaking a project in this ever changing complex world is a necessary task and a bit of a hurdle for the project manager because of the constant shifts that may happen within a short period.
Within a period of 6 months AI has disrupted the world of information technology with the advent of ChatGPT.
Yes, there may be projects that do not get impacted directly but indirectly this change in technology often affects everything.
My organization is an educational institution so we see how the impact of change in tech affects projects. During the lockdown technology was what we relied on to survive. We had to adapt very quickly and I was given the task of positioning the organization in a position to go virtual and for 3 months we engaged our learners with virtual learning. I heavily relied on zoom, Google classroom, etc to meet up. Since then we have build a functional computer laboratory, ensured all staff get trainings on digital skills and adaptability. Just last week we engaged the teachers on deploying and taking advantage of Chat GPT and Bard.
Competition is a strong driver of new projects within my organization. As I had stated in a previous discussion one of our values is innovation. We always want to be ahead in driving technology for education within our region. And we set the pace others follow, we have tried to make our online presence more engaging than that of the competition therefore hiring a company to handle social media engagement. Also our banner we have noticed is always being copied or removed. Therefore we engaged in a different approach for advert using Facebook ads, going to the landlords association pages around us to place adverts all these to gain an advantage over the competition.
Social and political upheaval. Yes this has impacted negatively on the cost of undertaking new projects because a new administration is in power and has changed a major economic decision as a result pump price for fuel has more than tripled. And as a result finance for new projects are scarce or even unavailable.
Environmental changes affects us in a way that is both positive and negative. This year the weather is either extremely cold or Hot and the learners at my organization needed new cardigans it is left to us to source for even though the price for dollar keeps going up and the exchange rates keeps fluctuating we had to cut ties with our old suppliers to undertake a new project with a new and locally sourced supplier.
Truly, global issues affects the the type and many other aspects of projects management.
Indeed, every organization and by extension, project can not be executed outside or independent of the environment (the world)-hence, Project Managers and Organizations should be conversant with global trends and developments.
Whether it is a natural occurrence like flooding or a thunderstorm or hurricane, or perhaps man-made socio-political issues, they all have direct impact on the Project, hence, the project manager must be aware of these things and forecast properly.
No well-meaning organization or sponsor would love to lose their investment,so they want to be properly guided.
Take for example, now is not the time to go invest in amusement parks in war-torn zones. That is not really a smart investment move, because the population will be thinking of safety and security and so will hardly come out to have fun.
Also, in flood -prone areas, the project manager should consider what kind of business or project to execute there.
By implication, he is also considering movement of people/stakeholders to and fro the site.
1) In my organisation, working as a translator and interpreter, technology has made demand for services drop with advancement of AI, Chat GPT etc.
2)Also, more sustainable options are being used in many projects where you find stakeholders wanting to improve on existing structures as opposed to setting up new ones.
3) Recent political change in Nigeria has slowed down a lot of processes as many are in a “wait and see” mode which prevents them from undertaking new projects because of the uncertainty of changes that may come with removal/appointment of decision makers in the government body.
Yes, as we all know. technology, political instability, inflation has both a negative effect and positive effect to project delivery . it now depends on where we find ourselves and the environment we find ourselves and generally individual responses to this changes and how the organization respond to it can affect a project. thats why is recommended for a PM to be adaptable to environment, economy etc.
Political change had effects on project project management. The world is rapidly growing and changing, project managers have to develop problem solving skills for the success of the project.
While Carrying out a project one has to put into consideration Government, political and economic policies. For instance receiving a project contract and the government policy on finance which is unstable, affecting the exchange rate in my country, which results in price increment, will hinder the project. Upholding to ethical values and standards. The stipulation price as earlier agreed is altered and to going through communication will alter the time delivery of project.
Also technological drive in a country where the is no constant electricity supply and higher prices of internet services to learn and updates the technology of the company with up to date technological equipment is quite expensive. Buying gas to work on this is also very expensive.
The political climate of the invasion of Ukraine by Russia has negatively affected the global supply and demand of crude oil. The logistics industry is faced with unwarranted increases in the pump price per litre of Automotive gas oil (AGO). As a result of this, operating cost has more than doubled. This has also snowballed into an increment in the cost of transportation and subsequently increment in the prices of goods and services.
Some projects have been postponed till a later date while ongoing projects are being reviewed and operating costs are also been reviewed.
The impact of global issues in the HR space:
Technology: Technology is enabling HR professionsls to do things that were not possible before. For example, chatbots can now be used to answer employee questions, and virtual reality can be used to simulate job training. This is changing the way that HR interacts with employees and the way that work is done.
Competition: The increasing competition for talent is forcing HR professionals to focus on attracting and retaining top talent. This is leading to a greater emphasis on employee engagement and development. HR professionals are also under pressure to provide a more personalized experience for employees.
Social and political changes: Social and political changes are also having an impact on HR professionals. For example, the rise of diversity and inclusion is leading to a need for more inclusive hiring and promotion practices. HR is also responsible for creating a workplace that is free from discrimination and harassment.
Environmental problems: Environmental problems are also having an impact on HR professionals. For example, companies are now looking for ways to reduce their environmental impact. This is leading to a greater focus on sustainability in HR practices.
Various complexities affect an organization in diverse ways, they either boost or disrupt the growth of the project;
Technology :With this era of diverse technological advancement, various innovation, technological trends, organizations and projects managers have to keep abreast with the recent development and innovation.
Competition: With the unfolding of different organizations that undertake project and other sectors, project organizations have to get enough resources to meet Market demand, have optimum resource availability be well equipped to match and fit the unfolding competition in the sector.
Social and political upheaval : The societal influence on the organization as well as the political influence, through taxes and levies, can also influence the organization positively or negatively.
Environmental Crisis: The issue of the proactiveness of the team and the external environmental influence can also affect a project organization positively or negatively.
Technology drives transformation in the modern world. It transformed communication, transportation, healthcare, and other areas of life. Artificial intelligence, biotechnology, and renewable energy may solve and create issues. Data privacy, cybersecurity, and technological ethics are also global concerns.
Global competition, especially between states and enterprises, is growing. Economic competition, trade conflicts, and geopolitical rivalries can deeply affect international relations and the global economy. Fair competition, intellectual property protection, and income inequality are some of the issues involved.
Political and social change: Dynamics change constantly. Social justice, gender equality, and racial equity movements have grown. Many countries have seen political polarisation and populism. Immigration, healthcare, and education reform dominate social and political change issues
In the construction industry where I work, Technology and Political Changes are critical factors when handling a project.
I have been able to come across various instances where these have impacted our projects negatively as well as positively.
Technology: Over time there have been inventions of various instruments which aids in measurements, taking levels and transferring levels across distances. As a Construction Project manager, knowledge of the use of these instruments has helped to foster ease of work, save project delivery time and also ensure quality control during construction which is a positive addition in the construction industry. Although, these technology isn’t new, it is a plus for a Construction PM to be abreast with the use of these instruments.
Political Changes: The recent shift in political power which has negatively impacted the economy of the nation is also one factor that’s necessary for consideration. This is due to the fact that prices of materials due to this change has increased which means there has to be a revisit to the budget of a project that probably started before this present political tenure
As an entrepreneur competition has helped me in a positive way by not limiting myself to some certain approach to business and it has also helped me to realize that quality maters in business
As a Caterer, Global changes like new technology, shifting trends, and environmental problems are affecting the food industry and the price hike has been crazy. To deal with this, my team n I need to keep up with new technology and make sure the meals/snacks we make meet up with needs /wants and at the sametime not compromising quality.sometimes Climate change makes it difficult to source for particular foodstuffs thereby making the Food more expensive.
So, to keep making the tasty food people love at prices people can afford, I and my team have to be smart about using new tech, following the rules, and being careful with the environment. It can be a bit challenging, but one has to work on it be on top of the game as well as stay ahead if your competitors.
As a project manager , working a complex world , one has to consider the changes which are new technologies so as to know how to manager financial resources well in achieving project with methods and , one has to consider competition while making sure use of project management ethics still remains intact even in stages where difficult decisions comes in and making sure to know how to lead the project team even with changes in some stages of the project
Global issues are unpredictable and unavoidable at the same time, and a typical example is the general lockdown due to the pandemic crises in the year 2020. This has affected a lot of national and corporate economy till date and some are still struggling to catch up even still.
The essential takeaway point from that case study is that companies should make their strategies adjustable for future reference. Also, as much as they focus on growth, they should leave room for change and adaptive measures in any situation.
As a Business Owner, these issues have affected my work in one way or the other;
1. Technology: talking orders and keeping up with request bben made online has been a major cahllenge as any delay in response seems like you dont take your business serious.
we also have off hours but customes dont seems to see the importance of those off hours.
you are expected to be online 24/7
2. Competition: there are many competitors offering same service even at cheaper rates and low qualities.
3. Social/Political Changes: Many households are struggling with these changes and these affects Business
4. Environmental crisis: like inflation affect prices and its a risk to Business success
Over time, lack of technological infrastructures have affecting the entire work process that we had to resort to manual methods for instance, there are many accounting softwares but some firms, still make use of manual method of Bookkeeping and accounting. On the aspect of competition, I have experienced many times a situation whereby our direct rivals set traps for us just to take us out so it is usually the survival of the fittest. On social, political and environmental changes, on political change, we have grown to find out how most government abandon the previous economic and social policies of the previous government and this has a way of causing so much “storm” in the economy. This impacts negatively on us and as such, it calls for a review of our own policies to adapt to these “changes”.
Competition, Political tussle, Social conflict in general can be managed through ethical project management approaches. All organizations deal in projects, it is imperative that all stakeholders manage the project well to avoid social conflict.
An iterative project, in the context of project management and development, refers to a project management approach where the project is broken down into smaller, manageable segments or iterations. Each iteration involves a cyclical process of planning, executing, reviewing, and making improvements. Instead of completing the entire project in one go, the project is developed incrementally, with each iteration building upon the previous one.
Here are some key characteristics and concepts associated with iterative projects:
Incremental Progress: In iterative projects, work is divided into smaller pieces, often called iterations or cycles. Each iteration results in a partial but functional product or component. These increments are developed sequentially, with each one adding new features or improvements.
Feedback and Review: At the end of each iteration, there is a review and evaluation phase. Stakeholders and team members assess the work completed during that iteration and provide feedback. This feedback informs future iterations and allows for adjustments and improvements.
Flexibility: Iterative projects are known for their flexibility. Changes can be accommodated more easily because the project is not set in stone from the outset. Adjustments can be made based on lessons learned from previous iterations or changing requirements.
Continuous Improvement: One of the primary benefits of iterative development is the opportunity for continuous improvement. With each iteration, the product becomes more refined, and any issues or deficiencies are addressed.
Risk Management: Iterative approaches can help manage project risks. By breaking the project into smaller pieces, it’s easier to identify and mitigate potential problems early in the process.
Client Involvement: Iterative projects often involve regular collaboration with clients or stakeholders. They can see tangible progress at the end of each iteration and provide feedback, ensuring that the final product aligns with their expectations.
Examples: Iterative methodologies are commonly used in software development, such as Agile methodologies (e.g., Scrum), where software is built incrementally through short development cycles. They are also used in other industries, including product design, where prototypes and revisions are made iteratively.
Iterative vs. Waterfall: Iterative approaches stand in contrast to the traditional Waterfall project management model, where the project is divided into distinct phases (e.g., requirements, design, development, testing) that are completed sequentially. In Waterfall, changes are more challenging and costly to implement once a phase is completed.
Iterative project management approaches are well-suited for projects where requirements may evolve, where there is a need for rapid development and feedback, or when the project’s scope is not fully understood at the outset. They promote adaptability and responsiveness to change, which can be advantageous in dynamic environments.
As an entrepreneur competition is a good grounds for improvement, many social and political changes could affect the project positively or negatively depending on the major tasks at hand and technology is always a game changer that boosts productivity and communication whereas environmental factors can cause delay on the expected delivery time.
There is great effects of Technology on projects along-side global issues. Automation and digital advances are shifting the normal way of handling projects away to more sophisticated analytical, technical, and managerial skills. However, proper training and more collaborative skills have to be introduce to equip workers with skills that complement the new technologies.
Political, legal, institutional, cultural, sociological technological resource, economic, financial, and physical infrastructure are environmental factors that critically affects projects.
Below are skills and critical stakeholders to consider to have a successful projects even with this Big global issues
project manager’s competence, top management support, project manager’s coordinating and leadership skills, monitoring and feedback by the participants, decision-making, coordination among project participants, owners’ competence, social condition, economic condition among others
Thinking about all these big issues which I believe has affected my project as a sales person in one way or the other.
Competition is a good thing as it only push you to research( using SWOT Analysis) and come out strong.
Technology has a positive effect as it had make passing of information to customers easy. This have also reduced cost for many organization including mine.
Social and political change(using Nigeria as a case study) has made prices of product to be on the high side expectially after the removal of subsidy. Exchange rate is not left out.
In the construction industry where I work, Technology and Political Changes are critical factors when handling a project.
I have been able to come across various instances where these have impacted our projects negatively as well as positively.
Technology: Over time there have been inventions of various instruments which aids in measurements, taking levels and transferring levels across distances. As a Construction Project manager, knowledge of the use of these instruments has helped to foster ease of work, save project delivery time and also ensure quality control during construction which is a positive addition in the construction industry. Although, these technology isn’t new, it is a plus for a Construction PM to be abreast with the use of these instruments.
Political Changes: The recent shift in political power which has negatively impacted the economy of the nation is also one factor that’s necessary for consideration. This is due to the fact that prices of materials due to this change has increased which means there has to be a revisit to the budget of a project that probably started before this present political tenure.
As an entrepreneur, technology has changed the face of awareness creation in a positive way, making it easy for one to reach out to his customers.
*Competition only makes one stronger.
*Social and political change: currently in Nigeria, this have made prices of commodities to increase as a result of subsidy removal. Exchange rate is also not left out.
Environmental crises can’t also be over emphasized.
These big global issues can have significant impacts on our organization and projects in various ways:
1.Technology: Rapid advancements in technology can disrupt industries and business models. It is crucial to stay updated with technological trends to remain competitive and relevant. Integrating new technologies into your projects can enhance efficiency, productivity, and customer experience.
2.Competition: Globalization has increased competition across industries. Understanding your competitors’ strategies, market trends, and customer preferences is essential for developing effective projects. It is important to differentiate your organization and projects to stand out in a crowded marketplace.
3.Social and Political Change: Social and political changes, such as shifting demographics, cultural values, and government policies, can impact consumer behavior and market dynamics. Adapting your projects to align with changing societal expectations and complying with relevant regulations is crucial for success.
4.Environmental Crisis: The environmental crisis, including climate change and resource depletion, has led to increased awareness and demand for sustainable practices. Incorporating environmentally friendly initiatives into your projects can enhance your organization’s reputation, attract environmentally conscious customers, and contribute to a more sustainable future.
Considering these global issues allows us to anticipate potential challenges and opportunities, enabling one to make informed decisions and develop projects that are adaptable, sustainable, and aligned with the evolving global landscape.
The Financial Technology world where I presently work is an industry that is predominantly borderless, technology-based, innovative-driven, and has the presence of high-level competition.
The above peculiarities shape how projects are achieved and targeted at the mass market. The global nature of payment and transactions now makes it very important to consider activities beyond the local environment of the organization. Regulatory policies, lifestyle type, culture, political issues, and language are some of the important but not limited factors in developing new financial technology products as the end users are also international now.
The reality is that project management requires all the ingredients around local and international business consideration for a successful outcome and the sustainability of the project in relation to a business going concerns.
The Financial Technology world where I presently work is an industry that is predominantly borderless, technlogy based, innovation driven and have the prescence of high level competition.
The above peculiaries shape how projects are achieved and targeted at the mass market. The global nature of payment and transactions now makes it very important to consider activities beyond the local environment of the organization. Regulatory polices, lifestyle type, culture, political issues and language are some of the important but not limited factors in developing new financial technology products as the end users are also international now.
The reality is that project management requires all the ingridents around local and international business consideration for successful outcome and the sustainability of the project in relations to business going concern.
Competition makes everyone put in their best. it is very necessary in improving every member of the team
Change is bound to occur but as project managers, we are to intellectually develop new stratagems to tackle challenges that might stand as an hindrance against the sucess of our projects. My company is presently faced with technology issues in an environment that has people who are not internet friendly. We are finding ways to overcome this barrier.
UNDERSTANDING AND RESPONDING TO COMPLEXITY
We are in a global world 🌍 where change is constant and inevitable,for one to improve you in this profession you need to face competition and change
As a project manager, technology must affect your project either positive or negative it will affect positively if you applied it on your project in the construction industry it will reduce labour and make work easier and faster. For competitors it will make you to work hard for you to break even i.e means you must do extraordinary things more then your competitive. Social & political change can affect you direct let look at Nigeria as case study government policy have make price of item in the market increase same by 100% others 200%. They means it will affect you negatively. Environment crisis always affect project negatively such as natural disasters.
In every projects someone has to be complexity; because of the rapid change in Technology and environmental crisis we go through as a project manager.firstly,you have to look the frame work which helps to understand the complexity of the project at large.
When the county is politically unsayable it will affect project managers since most of the things invested will be destroyed
Working with an agency within a government that just recently experienced political change/hand over both nationally and subnationally has caused an apparent lull in the project I supervise. This is because new principals have been brought in not only in the supervising ministry but also the MDA where the project is domiciled in. This means that there has to be a period allowed for these new principals to get aquatinted with all that is going on within their MDAs and so no critical decisions or approvals can be made or obtained until the familiarization and integration process is complete. Time has to be managed properly to give sufficient allowance for the new principals to get comfortable on board, however, not too much time should pass such that project timelines and objectives are adversely affected.
As an educationist some of the challenges I encountered are inadequate infrastructure, inadequate funding by the government,low quality of students admitted and low quality of some staff.
IMPACT OF NEGATIVE TECHNOLOGY
Negative technology may impact students in the following ways:
>students may spend more hours using technology b’cos of it’s wide network and inexhaustible resource materials , both relevant and irrelevant, at the expense of his studies;
> students may be inclined to cheating b’cos of high reliance for it’s information;
> they can also skip classes and spend more time on information technology rather than studying.
IMPACT OF COMPETITION ON STUDENTS
Competition have both nagative and positive impacts on students’ performance.
> Competition negatively increases learning anxiety in students which in turn affects students’ academic achievement ;
>on the other hand class competition may have a positive affect on students’ academic achievement by promoting learning engagement among mates;
>moreso, competition can drive attention and physical effort towards improved learning outcomes;
>the social motivation of competing against one’s peers can challenge a student to work much harder on his or her tasks than he or she would independently feel compelled to do .
IMPACT OF SOCIAL ISSUES ON STUDENTS IN HIGHER EDUCATION.
The socio-economic changes going on in the society are posing serious challenges to teaching in higher institutions. The impact of these changes may be accountable for following behaviors;
>many of the students become disillusioned, uninspired and unenthusiastic learners;
> development of nonchalant attitude to their studies due to economic and social pressures; and
> helplessness on the part of the teachers in response to students’ conditions with ultimate negative impact on students performance.
IMPACT OF POLITICS
Political decisions often override professional and other rational considerations in appointing the leader. This can result in having:
>poor management of human and material resources;
>impropriety in the admission process;
-incessant strike by both dissatisfied staff and students;
> inability of leadership to provide a conducive environment for learning;
> failure to rehabilitate dilapidated facility for effective teaching and learning; and
>incompetence to address Examination malpractice.
POOR FUNDING OF EDUCATION
Inadequate resource allocation to the educational system has been responsible for:
> poor school infrastructure;
> insufficient facilities;
> lack of equipment and learning materials; and
> poor remuneration, absence of proper training and motivation of teachers.
ENVIRONMENTAL CHALLENGES
>Environment challenges include desertification, flooding, climatic change; and
>severe degradation of air quality due to industrial and vehicular pollution and contamination of land and water resources due to pesticides and industrial wastes.
GENERAL IMPACT OF TECHNOLOGY AND ENVIRONMENT ON PROJECT
Technology impoves communication and collaboration by breaking down the walls between individuals and teams.
Environmental factors can have an impact on project management even in environments that are relatively stable. It can be enhanced by easy access to capital and relevant technology to be facilitated by efficient leaders with ability to make maximum use of available resources.
Technology evolves. Things change, the would is improving daily in all aspects. our ability to adapt to the rapid complex changes that the world undergoes on a daily base, the better for us to remain relevant. we should take advantage of these technological advancements to our advantage to make our work faster and more effective.
Change is a constant factor, we can’t escape that. we should rather improve and adapt to the change.
Thinking about those big global issues, such as technology, competition, social and political change, and the environmental crisis, with all these our company will need to keep making constant changes to adapt with the global issues and still remain productive as a company while executing projects and delivering within the set time frame of every project
There is need to evolve with all this changes as a Project manager if you want to be
relevant in the system and adapt to the technological, social, political and environmental issues as it occurs.
In life, change is inevitable and the world is evolving by he day. Technology has been a vital tool for executing most project and it has created a whole lot of changes.
One major positive of competition is the room is gives for upgrade in skills and product. It pushes people to be better and in return better products for consumers. On a consumer level, it give’s a wide range of option to chose from depending on the taste of the consumer. Finally, the ability for self growth that it provides cannot be underestimated, so its either you measure up to new trends and upgrades or you’re left behind
Competition makes you know where you are lacking and makes you know where you need to grow,competition in project manager help to drive more and check insights
Technology in the world has improved the world positively like wise negatively , there is always a two ways good and bad and both of these has technology paved for us
As project manager , technology has literally helped and we all need to just keep upskilling to become more relevant you can’t stick to what you know, you need to keep on going and going , know a bit of everything
With the emergence of new disease pathogens and re emergence of previously controlled and dormant diseases, disease surveillance using an integrated one health approach has become a major road map from prevention and control of these outbreaks. The key to a successful one health intervention is identifying stakeholders, mapping these stakeholders and prioritising interventions that are best suited for each community considering how diverse and complex communities are and how they all react to certain diseases based on their cultural beliefs and norm. This has made it imperative to involve communities from the beginning of these projects and constantly seek their input and ideas based on their own personal experiences within the community and beliefs and the wealth disparity within these communities. Roles are assigned to members of the communities who act as representatives to foster inclusion in these one health projects. That way interventions are tailored in ways that best suits each community. There are still challenges that need to be addressed especially with culture and spirituality surrounding certain diseases which makes it vital to involve education and religious stakeholders to begin to wean communities off some of these beliefs so they see them from a health and scientific perspective. That way they’re more open to discussing and alerting health authorities about outbreaks of some of these diseases rather than resort to spiritual approach to disease treatment
With the advent of Ai, writing and art organization has experiences a downfall in patronage. Nonetheless, these evolution has sprunt up the need for self development in handling the recent technologies and how to make critical thinking reaponsible for creativity and originality, at the same time.
One constant phenomenon is change, several factors initiate the need for change. As an agrifinance expert, the world of agriculture is evolving beyond modern agriculture to sustainable agricultural practices, this has caused a drift from agrifinance to sustainable agrifinance.
With the advent of Technology and AI, things change rapidly, when you decide to remain with only what you know, your efficiency with reduce because technology has provide faster ways to get other things done to give you room to accomplish more within a small period of time.
competition is bound to be within us as project managers, healthy competition is good too as it necessitates growth only if we as PMs take it with an open mind.
In the world we are today, things change everyday, and it get more complex, with technologies changing and others…
As an administrative/virtual assistant, technology has really been a helpful ass i get to work remotely.
It is worth nothing that we should be aware of climate change, government policies, laws e.t.c because if we are not informed, we will definitely be deformed
It has helped in ensuring accountability and real time data access
Environmental factors has an impact on my project as an entrepreneur even in environments that are relatively stable. From access to capital, to access to technology, to access to people, projects will succeed or fail based on the project leaders ability to make maximum use of available resources.Uncertainty about how much a project will cost (project cost estimation), who will work on it, how long it will take, and whether or not it will ultimately achieve the goals I’ve set for myself and my client.
As a pm you need to update yourself,when it’s comes to technology and social changes ,it’s helps you not to be left out and be ready for any circumstances
Political Issues and Environmental policy has a great effect on the project delivery and actualization. Some policy might might affect the project either positively or negatively
Environmental and social management risks posed by different projects needs to be mitigated and appropriate measures need to be in place to limit the adverse effect of any project to the environment.
Increasing concerns about environmental issues, such as climate change and resource depletion, have led to increased scrutiny of corporate sustainability practices. Organizations are under pressure to adopt eco-friendly initiatives, reduce their carbon footprint, and demonstrate responsible corporate citizenship. Failure to do so can lead to reputational damage and potential legal repercussions. I’ve worked with a project team where we needed to ask for more funding as a result of the environmental challenges that we were faced with.
As PM we must be ready for change and think technical as many things in the world become sophisticated.
As an entrepreneur change is constant and moving with the change as it comes is the way forward, just because we don’t want to be left out of technology, it makes it easy to reach out to more audience, it makes it easy to communicate and showcase what you have to offer.
The only constant thing in life is change and it comes in different ways. Change can be driven by new technology, globalisation of trade and competition, social and political upheaval, and the environmental crisis. A good project manager has to be flexible and adaptable to accommodate these changes, mitigate the risks presented by these changes and manage a project successfully. Also, the PM also has to have a strategy to deal with these changes.
The only constant thing in life is change and it comes in different ways. Change can be driven by new technology, globalisation of trade and competition, social and political upheaval, and the environmental crisis. A good project manager has to be flexible and adaptable to accommodate these changes, mitigate the risks presented by these changes and manage a project successfully. Also, the PM also has to have a strategy to deal with this changes.
Change is inevitable in life and so goes with every aspect in managing an organization.
Technology now is coming to stay in geometric proportion so as a PM you just have to initiate a way out around the demanding tech within your environs and how to mitigate the risk faced in the environment.
Build a value system that will set a pace ahead of other competitors in the market so that there will be smooth running of an organization.
As a PM in the education sector, global complexity and issues of general concern affects us immensely.
Evolving technologies, development of modern pedagogy, differentiated Learning, the obvious changing role of educators from dispensers of knowledge to facilitators of knowledge, the introduction of the school management system in education administration and the likes; are just few of how technology and the evolving world we find ourselves is affecting the face of education.
As a PM in the education sector, global complexity and issues of general concern affects us immenseness.
Evolving technologies, development of modern pedagogy, differentiated Learning, the obvious changing role of educators from dispensers of knowledge to facilitators of knowledge, the introduction of the school management system in education administration and the likes; are just few of how technology and the evolving world we find ourselves is affecting the face of education.
As an entrepreneur, Technology has been a great tool for improvement in business, it helps to implement easier ways to reach out to audience/customers, create awareness about products and services…so I would say it has been a positive impact.
Healthy Competition is one of the things that helped business to grow. So as a project manager, it’s expected that we embrace competition and be open minded.
In today’s complex world, project managers face a multitude of challenges stemming from globalization, technology, social issues, politics, and the environment. These factors has significantly impact my productivity and effectiveness.
Globalization has expanded opportunities but also introduced complexities. I try to navigate diverse cultural norms, time zones, and regulatory frameworks. This some times lead to communication challenges, delays, and the need for a broader skill set in managing my team members/stakeholders.
Rapid technological advancements have revolutionized project management. While tools and software enhance efficiency, they also require continuous adaptation. Staying up-to-date with the latest tech trends is crucial.
As a project manager, I try to stay attuned to evolving societal expectations . As a project manager, I am aware of the fact that diversity and inclusion, ethical considerations, and social responsibility should always be integral to project planning and execution. Neglecting these aspects can lead to reputational damage and project disruptions
Organisations can be influenced and also affected by:
1. Technology: Advancement in technology has a great tool on organisational development. If not taken advantage of, such an organisation will DEFINITELY go obsolete.
2. Governmental policies: Certain policies given by government can largely affect how an organisation operates
3. Social environment: The environment, the resources available in such environment determines how effective and efficient an organisation can be
As a project manager, it is expedient to be upto date on government policies, global warming and technology advancement as these may have either negetive or positive impact on the project at hand, therefore the need to upskill to deliver a world class project
As a relationship manager we are in constant competition with other relationship managers in the banking sector. having the consciousness that other bankers are out to win over your customer/client with either new products or concessions, we will strive to ensure that we keep our customer by positively responding to their complains, promising less and over delivering on our promises, and also giving them upto date information that will help grow and sustain their businesses.
Political issues: political issues or government policies can either make or mare the economy of a country, if government decision affects a country’s economy negatively, it will also have an adverse effect on our customers businesses which will in turn affect the banking sector negatively e.g the forex issues in the country.
Certainly, these global issues can have a significant impact on organizations and projects:
1. Technology: Rapid technological advancements can create both opportunities and challenges. Embracing new tech can boost efficiency and innovation, but failing to keep up may lead to obsolescence.
2. Competition: Increasing global competition requires organizations to stay agile and customer-focused. It can drive innovation and lower prices but also necessitates constant adaptation.
3. Social and Political Change: Shifts in societal values and political landscapes can influence an organization’s reputation, regulations, and consumer preferences. Being socially responsible is increasingly important.
4. Environmental Crisis: Environmental concerns demand sustainability efforts. Organizations may need to adapt to stricter regulations, consider environmental impacts in their products, and address climate-related risks.
As an entrepreneur competition with other vendors who are in same line of business as mine as helped me to improve more by strategizing on how to stay relevant and it has also helped me upskill in different ways using various technologies and software’s that has been made available to make the job easier and faster
In this fast-growing world, remember if you are not informed, you will be deformed. Reason why we must constantly learn, relearn and unlearn. Political, economic, environmental, and competition is seriously affecting the scope of work nowadays, As we are told organisation grow within their environment, so we cannot take that out. As PMs, necessity is done on us to improve our skills daily and be competitive enough to win the negotiation. Like the format we are introduced to early aspect of this course, we have to learn data analysis, and Excel sheets, You cannot remain in acake way of this is how we used to do it, please work as move, in likes if AI, G20 etc. World is complex because stakeholders want to pay small and take good jobs but we will strive
As an entrepreneur, technology has really improved my business especially the use of social media it helps me reach larger audiences when I post what I sell it makes marketing easier and faster too.
Based on my experience competition has more impact on work because I want to be the best among my competitors so I strive yo do better and make my clients see why they should choose me among others.
Being a Research Assistant, Technology has not only been helpful, but also useful to carry out a successful surveys..
Before the inception of Computer assisted program interview(CAPI), We usually make use of the paper-based Questionnaire which is time consuming.
Healthy Competition is good among team,it motivates people to work harder and smarter
Based on my personal experience as a Speech therapist, Technology and social media has really helped me a lot in solving issues and improve new skills in working with special needs. As a PM,you need to be updating and researching on the new technology to stay relevant in the system and Change is the only constant thing in life.
Successfully running a business in the ever changing world remains an enormous challenge.
Involved in poultry farming, we are obliged to be mindful of some aspects such as technology, competition, social and political change, and the environmental crisis
As concerns technology, given that technology has evolved greatly, business especially marketing has to take a digital dimension. Moving from a manual and more complex method to a digital system where boundaries are wiped in favour of an international virtual forum.
As regards competition, given that the poultry farming sector (in my case) is floaded this day, there is stiff competition. In the face of this, various farmers device different methods of attain their objectives. It now becomes imperative to put in place better marketing strategies in order to succeed.
Social and political changes are very important factors that affect the business world. These changes push dynamic and flexible Project managers to adapt their work strategies to these changes inorder to remain relevant in the ever changing economy. The environmental crisis recorded also trigger this same adaptation in order to deliver appropriately and record a fast turnover and success.
The major aspect is the level of advancement in the technological aspect to the point of remote jobs. While this is one of the greatest innovations ever, it does pose its own inherent threat of being hard to cordinate projects since direct interactions are required for effective communication. Although so many means and methods have been invented over the years to curb this issue.
The globe is gradually advancing and developing with technical innovations. Digital advancement is truly needed for every organisation but never neglecting the importance of human power. Project manager must note that as good as the digital innovations are so also human. Project managers should not only really on computer programmed output rather put effort in critical thinking and applying it to the job scheme
Well in my own case, I feel the impact of social and political change more because it capable of changing a nation’s economy which has been bad over the years in my country, then there was a political change it became worst. It made it hard for sponsors to give sufficient funds because everyone is trying to conserve the little they have. It also made it hard to get quality materials because there is high increase of counterfeit, most of the time 3 out of 10 materials are the only quality ones sometimes it’s less.
Changes occur rapidly that we think, and to remain fixed in a changing world is be extinguished. As a project manager and a field engineer, the changes in technology calls for upgrade in knowledge and continuous improvement in skills to be able to adapt to the changing world.
As a site officer in a logistic company, technology has created a new opportunities and challenges for logistics forcing to adapt and innovate in order to remain competitive. social and political change also affect the organization’s ability to operate as it may need to comply with new regulations.
A good example of how political change affect my organization is when a government put a restriction on bike in the state which affect the organization thereby making the rider to go on foot delivery which makes them to reduce the volume of shipment they deliver daily
The constant advancement in science and technology has come to stay.As better ways of doing things are being innovated,the PM also has to constantly learn and re- learn himself to be up to date.For the great success of any project,the PM has to be versatile and constantly engage in research and innovative ways
of handling project.
As a technology company, we view technology not as a challenge but as our primary strength in addressing all aspects of project delivery. Our main areas of opportunity, rather than challenges, lie in navigating the shifting policies of government and conducting environmental impact assessments, particularly when procuring assets with CO2 emissions. Competition serves as a pivotal motivator in shaping our product delivery strategy, as our core focus revolves around cultivating tech startups in various industry verticals.
As an event planner, we are faced with alot of complexity and dealing with them such as choice from client, one of our challenge is the fact that many clients we have come across when the best for the event but unwilling to pay the fee. So we have to re strategize on giving the client a nice job on his budget. And most atimes it’s so difficult. The second is event decorations are changing in respect to new ideas and equipment, and most of the time these equipment are very expensive. And sometimes hard to get. (rent) The event world is changing and client are coming up with difficult choice with very low budget.
In an ever evolving world, the impact of global issues such as, technology, competition, social and political changes, and environmental problems can not be overemphasized. In an much as it makes outcome of events and project unpredictable, it makes us to always think on our toes and outside the box.
It has made project execution a little more tasking and technical, and to succeed one needs to always engaged in research work and look for innovative ways to overcome any challenge that these global issues pose at us. This has been my story in my Organization as a business development manager.
Also, Effective communication is crucial for managing complex situations as such can be considered as unavailable.
Stakeholder Engagement is also a very key factor. As a PM carrying every stakeholder along as things evolve is paramount
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Competition is one factor that affects a sales project. In as much as we may not like the idea of having to share the market with others, competition creates room for becoming the best version of ourselves.
Political factors can impact a business or project by making the market environment more or less friendly. Governments have a great deal of power over businesses, and projects. many times, companies cannot do much about it.
Political factors that affect projects include areas such as tax policy, labor law, environmental law, trade restrictions, tariffs, and political stability. Political factors may also include the type of goods and services that the government does not want to be provided by the project. This has greatly affected projects in my organization.
Also, competition can increase motivation, improve productivity and performance, and provide accountability. A higher number of competitors will motivate funders to decrease the contribution amount to multiple competing projects, thus influencing the performance of the projects.
Basic economic theory shows that when organizations compete for customers, it leads to a reduction in prices, higher quality goods and services, greater variety, and more innovation.
Competition does really affect projects in my organization.
The impact global issues like technology, competition, social and political changes, and environmental problems have had in my organization and the projects. It has made project execution a little more difficult as the project will have to be run according to the already set budget despiste the changes.
Impact on project stakeholders
Some of the things that have helped is to establish a robust communication plan that outlines how information will be shared among team members, stakeholders, and other relevant parties.
Effective communication is crucial for managing complexities and constant changes
Stakeholder Engagement is also a very key factor
Every profession have to work hard in making research looking for easy and innovative way to handle alot of issues as day by day things change technology is shaping our world so as a project manager I need to search for innovation to make my project easy and be able to deliver quality work at stipulated time
We can not over estimate the impact of global issues on every organization and institution of learning. As a classroom manager in a normal school settings，some of these impact are reflected in our technology，education，Health ， economics and political.
To Manage students in critical times like this， I need to research and get innovations on the contemporaries ways of managing students.
As the world is evolving, changes are constant… As a project manager, it is expedient to have vast knowledge in the global market to enable you save cost and know what is currently obtainable…
The impact Technology has can never be overemphasized as it saves cost, time and it is very flexible… This being up to date in terms of using technology in your organization save a lot of stress and helps in time management…
The impact of competition helps you grow better and makes you think faster… Though it may be stressful most times however, it is your responsibility as a project manager to convert your threat and weaknesses into strength… This can be done when you interact (socialize) both nationally and internationally…
Political changes also place a major role when you are carrying out a project… It could Favour you or vice versa… When a new government decides to bring a policy which states that anyone carrying out a project must pay 30% of the total amount of the project, it becomes a problem but if the policy states that the government will pay 30% to support the project, it becomes a plus on the organization handling such project….
Lastly, environmental problems on a project creat a great hindrance when their is bad weather condition, bad roads, flood, earthquake, etc… Just to mention but few…
This unforseen circumstances brings delay when a project is carried out…
In conclusion, a project manager must have a plan B,C,D,E,F to manage all this excesses… When it comes to government policy, the organization should learn from Aliko dangote… You need to familiarizes your company with the government so that the policy will always be in your favour…
The world is advancing and developing with technical innovations. Digital advancement is truly needed for every organisation but never neglecting the importance of human power. Project manager must note that as good as the digital innovations are so also human. Project managers should not really on computer programmed output but put effort in critical thinking and applying it to the job scheme daily
The impact global issues like technology, competition, social and political changes, and environmental problems have had in my organization and the projects we have involved in.
My organization’s role is to stand in the gap for the shortfall in Energy production by creating an alternative source of Power generation popularly known as Solar/Renewable Energy.
Technological Impact:
The organization is technologically enhanced in the sense that research and advancement in technology actually birthed the company. Since then, it has provided uninterrupted power supply to various schools, hospitals, communities, SMEs and industries. Technology has brought a lot of advancements in this field compared to our early days when we started. It has made things easy and less complex. Batteries and now digitally monitored, inverter systems are now hybrids rather that two separate entities (inverter and charge controller) and several other innovations coming up. Solar panels have been upgraded and still upgradable. I would say technology has rather impacted positively in this line of business.
Competition:
There has been rapid increase in competition in the solar industry. These are have been positive and negative at the same time. The negative part is that most of these companies have the funds to invest, but don’t have the experience, hence providing substandard services to clients. The positive part is, the rise of more companies has helped in balancing cost of the services rendered.
Social & Political Impact:
Political impact here has not been positive. Government have not been able to come to terms with the fact that Renewable Energy is one of the best solution to solving Power problems. Hence, they have not been able to create a good enough support system for the thrive of Renewable Energy.
Environmental Problems:
One of the merits of Renewable Energy is eradicating carbon footprints. The introduction of Renewable Energy has been of great impact to the environment and vice versa.
Technology keeps evolving at an exponential rate. Everyday, new and simpler ways of executing projects are developed. So a project manager needs to keep abreast to current trends to be at par with global standard. If not his project might be negatively impacted by lack of ideas on new trends in technology.
Economically and politically, a project is affected negatively or positively depending on the policies on board.
Self-Management:
As a project manager, you also need to manage your own time and stress. Maintain a healthy work-life balance and seek support from mentors or peers when needed.
Managing a complex project can be challenging, but with careful planning, effective communication, and a proactive approach to problem-solving, you can increase the likelihood of successful project completion.
Define Clear Objectives:
Start by clearly defining the project’s objectives, goals, and scope. Make sure you understand what the project aims to achieve and what success looks like.
Assemble the Right Team:
Select a diverse and skilled project team with the expertise needed to handle the complexity of the project. Ensure team members understand their roles and responsibilities.
Create a Detailed Project Plan:
Develop a comprehensive project plan that outlines tasks, timelines, dependencies, and resources. Use project management software or tools to help you track progress and manage resources effectively.
Risk Assessment and Mitigation:
Identify potential risks and uncertainties associated with the project. Develop a risk management plan that includes strategies for risk identification, assessment, and mitigation.
Communication Strategy:
Establish a robust communication plan that outlines how information will be shared among team members, stakeholders, and other relevant parties. Effective communication is crucial for managing complexity.
Stakeholder Engagement:
Identify and engage key stakeholders early in the project. Keep them informed about progress, changes, and important decisions. Address their concerns and expectations proactively.
Resource Management:
Manage resources efficiently, including budget, personnel, and materials. Allocate resources according to project priorities and monitor resource utilization closely.
Adaptability and Flexibility:
Complex projects often require adaptability. Be prepared to adjust the project plan as new information becomes available or unexpected issues arise.
Quality Control:
Implement a robust quality control process to ensure that project deliverables meet the required standards and specifications. Monitor and assess quality throughout the project lifecycle.
Documentation and Reporting:
Maintain thorough project documentation, including meeting minutes, status reports, and change requests. Regularly update stakeholders on project progress and any deviations from the plan.
Issue Resolution:
Develop a process for identifying and resolving issues as they arise. Encourage team members to report problems promptly and work together to find solutions.
As an entrepreneur, we face a range of global challenges that can impact the success of our projects. These include technological advancements, increasing competition, social and political changes, and environmental issues. While these challenges can present both opportunities and threats, we need to be informed and adaptable to navigate them effectively.
Technology can be both an opportunity and a threat for entrepreneurs. Innovations like artificial intelligence, blockchain, or IoT can streamline business operations and give entrepreneurs a competitive edge. However, rapid technological changes can also lead to disruption, making it essential for entrepreneurs to stay updated and adapt to avoid becoming obsolete or less efficient.
Competition can drive innovation and force entrepreneurs to constantly improve their products or services. However, it can also make it challenging to stand out in the market. Entrepreneurs must conduct thorough market research and develop strategies to differentiate themselves from rivals.
Social and political changes can create new market demands and niches. Entrepreneurs who can identify and adapt to these shifts can develop products and services that resonate with evolving consumer preferences. However, political instability or regulatory changes can disrupt business operations, impact supply chains, or introduce new compliance challenges. Entrepreneurs should monitor political developments and have contingency plans in place.
Environmental problems are becoming increasingly important for businesses. Entrepreneurs who prioritize sustainability in their projects can tap into the growing demand for eco-friendly and sustainable products and practices, gaining a competitive advantage. However, environmental problems such as climate change and resource scarcity can disrupt supply chains, increase costs, or expose businesses to reputational risks. Entrepreneurs need to consider environmental impacts and implement sustainable practices.
In conclusion, entrepreneurs need to be informed and adaptable to navigate global challenges and position themselves for long-term success. By embracing technological advancements, conducting thorough market research, monitoring political developments, and implementing sustainable practices, entrepreneurs can be better equipped to navigate the challenges and opportunities of an ever-changing world.
technological advancements can offer opportunities for innovation, increased efficiency, or pose challenges for adaptation. Competition can drive innovation but may also intensify market pressures. Social and political changes can influence regulations and market dynamics. The environmental crisis may prompt sustainability considerations. The impact on your organization depends on its industry, goals, and adaptability.
A lot of complex issues can arise and affect projects which most times can be unforeseen or foreseen as the case maybe.
These various issues are:
1. Technology: Technology can affect projects if the manger does not move along with the trend in order to achieve the best out of what is at stake. The use of machines has made work easier for a lot of companies and other organizations. Therefore tech is another part to look into.
2. Political crises or influences: Politics also affect projects. In short word tribalism and Nepotism has eaten deep into a lot of societies and thereby cripple projects. Also, high influences from political calibres trying to take many projects which they know nothing about has hindered many projects.
3. Environmental and Social issues also affect projects. Societal and environmental also hinders projects, i.e locations or sites, topography and others. Let’s also consider climate change too.
Organizations should make a lot deep findings to get the best of any projects.
Thank you
Competition makes one to be better at what he/she does, so it’s a challenge to make sure we deliver better, making client comfortable, build influence to gain more projects. Dynamic Economic efficiency rallies so much on technological innovations to enable a firm realizes long run average Cost. This explains why investing in long term projects through technology yields low production cost and high outputs.
Competition in the global world has pushed many firm out if business due to inability to adapt to the recent complexity in the industries. Most especially in the engineering and technical world. Complexity make it more exciting to work in today’s world as it create more curiousity design and strategy to work
New research improve the quality outcome of anyone who is ready to learn, new technology make most films especially engineering industry up to date and also improve their standards among other in films that have values for lives, it make persons know how to go about a particular project and how to do it better than before also competition make most film understand if they fuckup there some you are ready to do it mush better than they can do. Thanks.
One unavoidable but also very important aspect of HR is Technology, the fear of job replacement . Right now, there is a need to look at the new jobs that will be created and how to make employers ready for the future of work.
The advancement in technology has helped in organization skills of most organizations and it provides an edge for the Project manager to make work neater and more reliable. Competition is a driving force for any organization to up their game and become more competent, the Project manager should leverage on social and political changes by viewing it from a positive standpoint on how it affects the company. Project managers should employ the service of individuals of an environment seeing that the familiarity of such people with their environment would help the organization overcome in terms of environmental problems.
How big global issues, such as technology, competition, social and political change, as well as the environmental crisis, can affect my organisation and my projects;
Technology: can change the way the organization operates, requiring employees to adapt and learn new skills. Additionally, technology can create new opportunities for innovation and growth, but it can also pose challenges such as cybersecurity risks. Advancement in technology (e.g. AI & Robotics) can replace manpower and sometimes save cost, in the long run.
Competition: can create pressure to innovate and stay ahead of competitors. It can also impact cost of production, pricing, marketing, and the overall success of the project.
Social and political change: an example is that a change in consumer preferences or cultural attitudes can affect the demand for a product or service. Also, changes in government policies or regulations can impact the organization’s operations and require adaptation as well as the adjustment that comes with that change.
Environmental crisis: can have a significant impact on projects, in particular, those that rely on natural resources or have a significant carbon footprint. Organizations may need to adopt more sustainable practices to mitigate the impact of their projects on the environment. Changing consumer attitudes towards sustainability can impact the demand for certain products or services.
Thank you.
Competition has a big role to play in the sense that it will make different organizations bring out their best to attract potential customers, and with competition better ways of doing business will be adopted which also include technological innovations.
competition, social and political changes, and environmental problems are challenges Accountants face and also Banks face, Poor environmental locating of bank branch affects the bank and also us, constant change in rules and norms due to different managers also affect the progress of banks, competition does affect also as banker and end users they except top nouch with a follow competitor ie to say an end user won’t be happy to bank with a bank which he or she started banking with due to poor service, excessive levies and the rest while the bank competitor has a very good service with less levy.
Technology and its applications are as complex as they can be on their own. It is important to properly carve a niche for what technology is appropriate/tailored for a particular project.
Technology has taken its place in every aspect of projects which might be a challenge to a project manager especially when the project manager is outdated on the latest application or devices in use for a particular project.
And also political issues such as war which is already happening in different parts of the world will be a challenge and threat to different companies or projects across the globe. This war has to tackled in order to give many projects a smooth and complete end
Technology , competition, social and political change and the environmental crises and how these affect my organization and project.
Technology is a big influence in the world today. It plays both positive and negative impact in organizations and in projects. With technology, the world is literally a global village. Interaction and communication is at the tip of our fingers, examples of this includes: WhatsApp, zoom meetings, and the use of social media etc.
To the negative side of technology; the process of things are not duly respected as the world is used to the fast life that comes with Technology, traditional ways of interaction are often neglected, sometimes causing a strain in human interaction.
It looks like every where you turn, there is a different technology solving different issues. It now seems like, the technology whose main issue is to make life easier scored its own goal by the abundance of innovations available. This in itself is where the complexity comes to play.
Technology undoubtedly makes for a big issue in managing projects. New methods regarding projects are developed each day. However, the implementation of these methods would take time. Tests have to be made to ensure the emerging technology can be used.
Sociocultural complexities will also come into play especially for multinational companies. Laws and regulations of different societies have to be studied to identify problems.
Environmental laws could also pose a challenge especially for manufacturing companies.
The world currently is experiencing information overload, through Technology, Social Media , strong competition, environmental interference s etc. Thereby, eaving organisation to carve their niche by thinking outside the box and developing a Unique Selling Point to stand out. However, organizations should develop problem solving ideas as well as maintaining creativity and Innovation to withstand waterfalls amidst competition .This sustains organisational relevance and preference.
Technology advancement, social and political change, competition, and environmental catastrophes can all have an impact on how projects are managed and how they provide their results. These worldwide challenges frequently have unforeseen effects on a project’s scope, money, deadline, hazards, and viability.
The current environment, however, has a crucial role to play in efficient project management because solutions can be quickly fetched from several aspects.
Change is constant and at that some changes impact positively. Change in technology has helped brought together diverse teams, aiding ease of communication and deliveries of project. Likewise, there is the cons side to technology linking to social in which, everyone is busy with their gadgets causing strains in other aspects.
Also, Environmental change in form of Climate, location, weather,energy etc affects projects timeline which results in leakages such as additional expenditure.
It is important to note this changes, prepare as a project manager and see how to ensure the pros outweighs the cons in favour of any project.
Technology now days has improved and influence the PMs. You can now meet your teams without seeing face to face. You can organize meetings and the likes online. Like Zoom, Team, google meet, WhatsApp, etc. And arrive at a valid point… also, using of AI. Etc … technology has also made it possible to learn more and research using YouTube and google….
People’s mindset has changed drastically due to the rapidly changing environment and technologies and as such the approaches to solving problems or managing a project needs to evolve too.
The new changes sometimes makes it easier to solve some problems that arises while managing a project and some times it presents you with a new problems to solve in other to achieve the goal of the project you are presented with.
Thinking or considering those major global issues like technology, competition, social and political changes and environmental crisis brings curiousity in mind but, as an aspiring P.M we are thought to have an eagle eye for project issues, thrives on problem, break processes to create new ones.
Technology has positively affected the speed of projects in the sense that one doesn’t really have to meet face to face before having a meeting and sharing ideas. Competition on the other hand has given room for improvement n research. You would always want to be the talk of the town as well as at the top of your game hence your decision not to allow any other company surpass you(not in a mean way though). Etc
People’s mindsets are evolving swiftly, driven by technological advancements and shifts in the environment. These changes have given rise to entirely new challenges, sparking the initiation of new projects. Moreover, the methodologies employed to address these issues have undergone significant alterations in response to this shifting landscape.
Technology changes, and as company you need to evolve with it, and learn how to use the new technology your advantage (this might take little time)…
Competition makes one to be better at what he/she does, so it’s a challenge to make sure we deliver better, making client comfortable, build influence to gain more projects.
Social and political change can affect really bad, you will have to learn the new change, and adapt with it, so u can easily fit in the society..
Environmental crisis can destroy a project, can hinder any project from coming, one have to find a way to survive through with the crisis…
Taliking about globalization, such as technology, competition change in politics and climate change(enveronmental crisis) startle our minds at times when it comes to managing of projects, because as an engineer in a construction firm laying down the prerequisites of a project some issues are underlying.
Working as an engineer the issues affecting our organisation’s at the moment is climate change (environmental crisis), with this current season, we find it difficult to get some jobs done during downpour which will take us back to re-schedulling of jobs and making changes to time lines because the weather might get cloudy at the point of executing some jobs.
Another issue is political change :this is also a major issue to some of the construction/engineering firm because when there is a change in government comes with a change in plans and allocations as one government interest of project differs from the other.
The mindsets of people are changing rapidly due to technological advancements and environmental changes, which have created completely new problems and of course, new projects to take on, and the approaches used to solve the problems have also been affected.
Project management has been greatly influenced and improved by technology in that team members can be virtually introduced during meetings without having to meet one on one and ideas can be exchanged. With recent technological advancements, problem solving has become easier. Because it is simple to find solutions from many different perspectives, the modern environment is crucial to effective management.
On the other hand, competition has created space for advancement and research. To succeed, a project must be created to meet market demands and stand out in crowded markets.
Technology is actually influencing te world with a lot of information that as been provided. it is pertinent to now sieve out what is needed and use tat effectively in the work place
The world is sure volatile and considering Global issues like technology, competition, social & political changes, environmental crises my country Nigeria is sure not left out.
We had a Diagnostic center project sometime ago and the use of appropriate technology to accommodate top notch service delivery was a big one because the world has gone beyond manual settings. The competition on that project is not a child’s play, so to be recognized in the field, you go all out to beat the competition or at most be at par with competition. If a new government enters today and favours healthcare, healthcare businesses will thrive better because a lot of awareness will reach the grassroots because it is coming from the leaders, a lot of social interactions will be done around all of these. Covid 19 is a good example of what crises in the environment can lead to. People now have options in handling some businesses, some workplace have policies enacted to pre-stall future negative effects that might come from such environmental changes
Thinking about global issues such as technology, competition, political change and environmental crisis boggles the mind at times when it comes to managing of projects, because most of these issues don’t arise when laying down the prerequisite of a project. At the moment, the major global issue affecting my companys project has to do with environmental crisis, with the season we are currently in, it’s difficult to work when you keep making changes to timeline because the weather might cloud at any given time. This is also dependent on political changes as well, with change in government come a change in plans, change in timeline, and also the almighty change in scale of preference 😀. One government might want one project and the other will want a different one, so it’s a constant rumble.
Project manager in an engineering consultancy firm faces a lot of setback sometimes from Client, Stakeholders due to climatic changes, social interaction, political influences. Advancement in technology is providing different tools to achieve & gain time in designing but the actual installation is still far behind. No new Artisans to carry while the old Artisans refuse to move with technology changes.
Technology has really influenced a lot of people mindset with a lot of informations..technology has provided different tools to achieve and gain time and designs
My name is Efe Tony, and one of the major issue I’m currently facing as a sociologist is human unscrupulous dependence on AI (Artificial Intelligence). Men with great reasoning facilities are no longer ready to use their brain and they feel like they can rely on AI for everything. And it’s worrisome.
If not for my professionalism and expertise, I would have lost some projects I undertook to amateurs who solely relies on AI to get things done. I remember one client who later called me to handle a particular project almost destroyed by some of these amateurs who relied on AI. You can trust I charged him twice what I should have charged initially😂.
Some others are unpalatable political and economic issues in Tropical African Regions that I happened to hail from. There are emergencies in these regions always that might not be foreseen when laying outs plan for one’s project in TeamGantt.
Advancement in technology, social/political change, competition and environmental crisis can affect how projects are run and delivery of project outcomes. These global issues often alter the sope, budget, deadline, risks and feasibility of organisation’s project in an unpreditable way.
Certainly, those big global issues can have significant impacts on organizations and projects. Some of the areas that makes project management challenging are;
1. **Technology**: Rapid technological advancements can create opportunities for innovation and efficiency but also pose challenges in terms of keeping up with the pace of change. Organizations need to adapt to new technologies, and projects may require adjustments to incorporate the latest tools and trends.
2. **Competition**: Increased global competition can pressure organizations to improve their products and services continually. Projects must be designed to address market demands and stand out in competitive landscapes to ensure success.
3. **Social and Political Change**: Shifts in societal values and political landscapes can influence an organization’s reputation, customer preferences, and regulatory environment. Projects may need to align with evolving social and political expectations or adapt to new regulations.
4. **Environmental Crisis**: Environmental concerns, such as climate change and resource depletion, are shaping consumer behavior and influencing government policies. Organizations are expected to adopt sustainable practices, and projects may need to incorporate eco-friendly approaches to meet these expectations.
To assess how these issues affect specific organization and projects, there is a need to consider conducting a thorough analysis. Evaluate industry, target audience, and geographic reach to understand the unique challenges and opportunities these global issues present. Adaptation and strategic planning are key to navigating these complex dynamics successfully.
Global issues have significant impacts on organizations and projects and it plays a vital role. Some of the areas that makes project management challenging are as follows.
1. Rate at which technology changes.
2. Level of competition
3. Environmental changes
4. Political changes that occurs
5. Risks in operations
6. Social behaviors
How agile affects project management; it a good method where by best ideas can used collectively while the linear or water fall it’s a one man affair of which the best can not come out for the management.
In 2020, I was on a project and soon before you know it the pandemic came in and everywhere was shut down, no physical meetings, movements were restricted, social distancing and the rest. Thanks to technology we were able to continue communication with stakeholders , sponsors and team members via Teams, Zoom etc Though we had to suspend some activities but most of the background work was done during the lockdown. We used checklist to carry out facility check, used mails to get consent from stakeholders, do phone call interviews, photo voice to collect data and so on. Much later we could go on with physical meetings adhering strictly to Covid 19 preventive guidelines. Much later in project herdsman issues and abduction made us to carry out qualitative and quantitative data collection electronically in study location along the dangerous terrains.
Conclusively,in the wake of this global crisis, project management must be flexible and quickly adapt to changes and different context, a PM must be creative and look at ways of forging ahead despite all the challenging situations keeping ethical practices in mind in all they do.
Competition makes one to be better at what he/she does, so it’s a challenge to make sure we deliver better, making client comfortable, build influence to gain more projects. Dynamic Economic efficiency rallies so much on technological innovations to enable a firm realizes long run average Cost. This explains why investing in long term projects through technology yields low production cost and high outputs.
The best approach as a P.M is constantly keeping in touch with your stakeholders and it’s necessary you put down your communication plans as to pass out necessary information.
solving problems becomes more less tasking with the recent advancement in technology. solutions can be easily fetched from diverse angles, and hence our modern environment has a vital role to play in effective project management.
There various factors responsible for a change in project design and implementation with taking cognisance of consideration of ethical practices as many people do not see anything bad in shortchanging a heavy financially committed project to their selfish favor
The mindsets of people are changing due to technological advancements and environmental changes. These can create completely new problems to solve/projects to take on, the aproaches used to solve the problems can also be affected.
Technology is driving so much change in our world today. Global warming is creating many issues affecting how things are being done nowadays. Organizations are not immune to the effects of these changes, so all projects being embarked on are impacted positively or negatively. Every Project Manager needs to up-skill to remain relevant and deliver
world-class projects using the latest technology, in good time and within a reasonable budget.
The world currently is experiencing information overload, through Technology, Social Media , strong competition, environmental interference s etc. Thereby, eaving organisation to carve their niche by thinking outside the box and developing a Unique Selling Point to stand out. However, organizations should develop problem solving ideas as well as maintaining creativity and Innovation to withstand waterfalls amidst competition .This sustains organisational relevance and preference.
Political Issue and policy has a great effect on the project delivery and actualization. Some policy might might affect the project either positi Ely or negatively
As a baker competition has really helped me in a positive way because I was able to push and still be in my business and come up with new ideas due to competitors whom are into my type of business one has to think and brain storm to bring new things so as to standout among individuals doing same type of business.
Technology is very important because tech makes one to have so many ideas due to media where one can get a lot of information and also a lot of problems are being solved due to advancement of technology.