Yellowhouse Portfolio Management
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Yellowhouse Portfolio Management
Consulting and training in strategic portfolio management with MoP and P3M3
Curated by Brian Phillips
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Professional Ethics for consultants and professionals

Professional Ethics for consultants and professionals | Yellowhouse Portfolio Management | Scoop.it
Brian Phillips's insight:

Ultimately, your reputation sustains you. At a personal and professional level, you need to strive to be sure you are doing the right things and doing those things right. Not just to be seen to be doing the right things, but doing them because they are the right things to do.

 

Sometimes you need to turn down a business opportunity because to pursue it may compromise your professional integrity.

 

Consulting professionals will often encounter opportunities to take short cuts, to gain a competitive advantage, to work direct with a client after being introduced as a sub-contractor, to get ahead in a competitive market.

 

Professional membership bodies maintain codes of ethics to provide guidance for their members. Sometimes, the ethical position is a constraint to gaining business opportunities, but consultants need to pause and reflect.

 

Is this the right thing to do?

Will it cause reputational damage to my profession?

Will it compromise my ethical and moral position?

 

I subscribe to the PMI Code of Conduct as a Project Management Professional; to professional conduct as a member of the AIPM; to assessable conduct review as an APMG Registered Consultant; as a company director with AICD; as principal of an Accredited Consulting Organization and Accredited Training Organization.

 

I sleep well at night knowing that I carry out my consulting and management roles to the best of my ability in keeping with best management practice. I try to live by my faith perspective and maintain goodwill and an even moral compass.

 

I could take up questionable opportunities and make more money. I could massage the truth. I could avoid due process and argue that the ends justify the means. It comes down to personal values expressed as professional ethics and behaviour.

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The Second Coming: WB Yeats - prophetic?

The Second Coming: WB Yeats - prophetic? | Yellowhouse Portfolio Management | Scoop.it
The Second Coming - Turning and turning in the widening gyre
Brian Phillips's insight:

Things fall apart; the centre cannot hold;
    Mere anarchy is loosed upon the world,
    The blood-dimmed tide is loosed, and everywhere
    The ceremony of innocence is drowned;
    The best lack all conviction, while the worst
    Are full of passionate intensity.

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History tells us what may happen next with Brexit & Trump

History tells us what may happen next with Brexit & Trump | Yellowhouse Portfolio Management | Scoop.it
It seems we’re entering another of those stupid seasons humans impose on themselves at fairly regular intervals. I am sketching out here opinions based on information, they may prove right, or may…
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Future Shock at 40: What the Tofflers Got Right (and Wrong)

Future Shock at 40: What the Tofflers Got Right (and Wrong) | Yellowhouse Portfolio Management | Scoop.it
They predicted the "electronic frontier" of the Internet, Prozac, YouTube, cloning, home-schooling, the self-induced paralysis of to
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NSW TAFE dumps LMBR IT platform

NSW TAFE dumps LMBR IT platform | Yellowhouse Portfolio Management | Scoop.it
First domino falls in $580m education IT nightmare.
Brian Phillips's insight:

...

hampered by complexity, resourcing constraints, and the challenge of getting thousands of NSW teachers fully trained using the new products.

 



Read more: http://www.itnews.com.au/News/Article.aspx?id=420902#ixzz4BmS2D2cr

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Agile PMO vs Traditional PMO

Agile PMO vs Traditional PMO | Yellowhouse Portfolio Management | Scoop.it
What is the difference between an agile PMO and a traditional PMO and why is there a compelling event for an Organisation to change?
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AXELOS White Paper Released: "Is this the Yin Yang of Portfolio Management?"

AXELOS White Paper Released: "Is this the Yin Yang of Portfolio Management?" | Yellowhouse Portfolio Management | Scoop.it
It's been a year in the making, with more than 60 of you from 15 countries providing insights and comments during this time.  Today AXELOS have released my white paper entitled “Is this the Yin Yang
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Qld to sink $91m into replacement of expiring pathology system

Qld to sink $91m into replacement of expiring pathology system | Yellowhouse Portfolio Management | Scoop.it
Tenders to open soon.
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AXELOS releases new version of project maturity model P3M3®

AXELOS releases new version of project maturity model P3M3® | Yellowhouse Portfolio Management | Scoop.it
Press release announcing the release of a new version of project maturity model P3M3® by AXELOS.
Brian Phillips's insight:

Yellowhouse has been working with P3M3 since 2009 - excellent results and this model will continue to improve customer outcomes.

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Ozymandias by Shelley - all things must pass

Ozymandias by Shelley - all things must pass | Yellowhouse Portfolio Management | Scoop.it
I met a traveller from an antique land,
Brian Phillips's insight:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.
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America Has Never Been So Ripe for Tyranny

America Has Never Been So Ripe for Tyranny | Yellowhouse Portfolio Management | Scoop.it

Democracies end when they are too democratic

Brian Phillips's insight:
Democracies end when they are too democratic. Are we entering a new post-democratic age?
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IT not to blame for Queensland health debacle: Government advisor ... poor Governance

IT not to blame for Queensland health debacle: Government advisor ... poor Governance | Yellowhouse Portfolio Management | Scoop.it
Government advisor and non-executive director Monica Bradley believes a majority of government failures have nothing to do with technology.
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Future Shock: Why We Need to Pick Up Alvin Toffler’s Torch

Future Shock: Why We Need to Pick Up Alvin Toffler’s Torch | Yellowhouse Portfolio Management | Scoop.it
“It is ridiculous that the United States is one of the only nations of our size and scope in the world that no longer has an office that is dedicated to rigorous, nonpartisan research about the future,” Ms. Webb said. “The fact that we don’t do that is insane.”

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Review: PPM! Manage Your Organization Masterfully with Project Portfolio Management

Review: PPM! Manage Your Organization Masterfully with Project Portfolio Management | Yellowhouse Portfolio Management | Scoop.it
Demand Management
Brian Phillips's insight:

Good review by Henny Portman - now we need to see more take up of the Portfolio investment approach.

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How to beat the transformation odds | McKinsey & Company

How to beat the transformation odds | McKinsey & Company | Yellowhouse Portfolio Management | Scoop.it
Transformational change is still hard, according to a new survey. But a focus on communicating, leading by example, engaging employees, and continuously improving can triple the odds of success.
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Where run and change the business from a portfolio perspective meet and integrate

Where run and change the business from a portfolio perspective meet and integrate | Yellowhouse Portfolio Management | Scoop.it
If we look at traditional portfolio management, like MoP or SfPfM, the focus is on doing the right projects and programmes in the right way and delivering business benefits. These are temporary set-ups to help the organization to change. I would say the traditional change in the perspective of change the business and run the…
Brian Phillips's insight:

Always happy to promote Henny Portman's views for discussion

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Why Portfolio Management is essential for Strategic investment planning

It's hard to balance a portfolio of projects to ensure you get the best value from your investment in change and growth. The definition cycle is critical.

 

Seek first to understand – what’s in the pipeline? What are our strategic priorities? How do we categorise our investment spend to maximise value? How can we set a balanced portfolio and manage delivery of the right projects to get the best value?

Portfolio management helps organizations make decisions about implementing the right changes to the business through change initiatives. It approaches the management of change projects and programmes from a strategic viewpoint.

 

The MoP® (Management of Portfolios) guidance provides senior executives and practitioners responsible for planning and implementing change. There are enduring principles, techniques and practices to introduce or re-energize portfolio management. We need to answer the fundamental questions: Are we sure this investment is right for us? How will it contribute to our strategic objectives?

  • Investment is the key word because portfolio management is about investing in the right change initiatives and implementing them correctly.
  • Are we doing these things right?
  • Are we realizing all the benefits in terms of more effective services and efficiency savings from the changes we are implementing?

 

In uncertain times, MoP® can provide a framework and guidance to respond in an agile way, keeping our eyes on the strategic context.

Yellowhouse is an AXELOS and APMG Accredited Organization

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Australia’s digital revolution begins in Brisbane hospital | Metro South Health

Australia’s digital revolution begins in Brisbane hospital | Metro South Health | Yellowhouse Portfolio Management | Scoop.it
Brisbane’s Princess Alexandra Hospital has become Australia’s first public digital hospital, heralding a revolution in the way healthcare will be delivered in Queensland.
Brian Phillips's insight:

Excellent results from a coordinated team effort!

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Why Qld's GCIO asked agencies to phish their own staff

Why Qld's GCIO asked agencies to phish their own staff | Yellowhouse Portfolio Management | Scoop.it
Mills watches as hackers get better at what they do.
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