PMI Houston 7 Trends That Could Impact Your Project Management Career 2010 James Del Monte CERS, CPC JDA Professional Services, Inc.
Friendship Leadership Industry/Business knowledge Networking Opportunities Value of a Professional Organization
Famous Quote “... Almost 100% of a manager’s success comes from hiring and retaining good people. Good people don’t make the difference - they are the difference“ »- James Del Monte, CPC, CERS
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What JDA Does... JDA Professional Services, Inc. is a Houston-based IT staffing firm specializing in the recruitment of strategic-technical to executive-level professionals. We provide staffing solutions through full-time, contract, and project-based placements. Since 1981, we have been helping companies build great IT departments while helping IT professionals find the right career opportunities. Full-Time Staffing Contract / Temporary Staffing Special Projects Staffing JDA
7 Trends That Could Impact Your Project Management Career Current hiring trends What’s hot what’s not Evolving P/M roles Views of P/M’s from executives Value of education and certification Building effective teams Networking for success Are you done yet??
Law of Supply and Demand The demand for skilled professionals peaked 4Q07 and bottomed out 3Q 09. The current cycle indicates that we are in recovery. In Houston good people are still hard to find. Labor Surplus vs. Skill Shortage Q01 4Q04 4Q99 Demand Peaked Supply Demand 1989 Demand Bottomed 3Q03 Demand Bottomed 4Q07 Demand Peaked
How Bad Is It?
Pearls of Wisdom “We are all temporary – only some of you don’t know it.” --Larry Carreker
Stats for 2006 & 2010 National unemployment rate is at a 6 year low of 4.6% % 2010 National unemployment rate is at a 30 year high of 10%, it’s highest since % 2006 Houston’s unemployment rate averaged 5.1% for 2006, our lowest since 2001 when it was just 4.7% 2010 Houston’s unemployment rate peaked at 8.4% in 2009, the highest since 1986 at 10.2% when Houston lost 20% of its job base % of new job growth in the USA was in Houston Houston lost 90,000+ jobs
Candidate Population A PlayersB Players C Players 25%50%25% Down Turn Skills Upgrade
External vs. Internal Don’t beat yourself up.
“It’s not what happens to you, it’s what you do about it.” – W. Mitchell Inspiration
Market Shift The job market has shifted from a Job Seeker’s Market to an Employers Market - to a Combination Market. – Good People are hard to find. Candidate Position Candidate
National Economy Rebound
Houston Economy Rebound
2006 / 2010 Survey Results QUESTIONSINCREASEDECREASE STAY THE SAME Company Growth in 2007 / /493 / 1220 / 40 Dept. Budget in 2007 / / 259 / 2517 / 50 Staffing Level in 2007 / / 370 / 2256 / 41 Base Salaries in 2007 / / 6811 / 320 / 0
Recovery Options??
Houston SWOT S – Strengths W – Weaknesses O – Opportunities T – Threats
29 Fortune 500 in Houston Company and Rank 4 ConocoPhillips 23 Marathon Oil 62 Sysco 65 Enterprise GP Holdings 79 Plains All American Pipeline 41 Halliburton 162 Andarko Petroleum 167 Continental Airlines 200 National Oilwell Varco 201 Waste Management 214 Reliant Energy 217 Apache 223 Knight 227 Baker Hughes 234 KBR 238 CenterPoint Energy 250 Smith International 268 Enbridge Energy Partners 272 Calpine 323 Targa Resources 350 EOG Resources 383 Frontier Oil 421 Cameron International 428 Group 1 Automotive 438 BJ Services 443 El Paso 459 Spectra Energy 460 FMC Technologies 472 CVR Energy
Barriers to Growth There are roughly 23 million firms in the US 4% have revenue over 1M Of those 4%, 1 in 10 (.4% of all companies) have more than 10M in revenue 17,000 surpass 50M 2,500 firms in US are larger than 500M 500 firms worldwide are larger than 11B
Will come from companies with less than 100 employees In Houston there are 87,000 companies and less than 4,000 of them have over 100 employees These companies need the same services as large companies - just not all the time 80% of Job Growth
Big VS Small Traditional business don’t create jobs or invent products they buy them Risk Aversive – more committee decisions made to limit career risk Job Growth vs Job Creation
PMO Penetration Does your company have one? % Do you use a project management methodology? 88% Is your PMO part of IT? % Does your PMO manage projects outside of IT? % Is your PMO viewed as strategic? % Is your PMO team involved in the business planning process? % Do you have an effective measure of it’s value? %
Governance Departmental Functional 3 Types of PMO’s
When Hiring a Project Manager
Do your require your project managers to be PMP-certified?
Experience vs Degree vs PMP for Promotion Management
Are You Hiring Project Managers in 2010
How Work Gets Done Off-shoring Out-sourcing
Project Team Multi Cultural & Generation
4 Generations > 46 Depression WWII Baby Boomers Generation X Generation Y or millennial
Employed Workers Looking Active – 11% Passive – 62% Not at all – 27%
The Money Question $$ The market sets the price $$ Increase in % - 2% or less 66% - 3 – 4 % 10% - 5%+
The Bonus Question 66% as part of compensation package 40% - 10% or less 54% % 6% - 20%+
Pearls of Wisdom 1.Keep your job 2.Don’t complain about compensation 3.Home capital preservation 4.Think outside box about career --Doug Leyendecker
7 Trends That Could Impact Your Project Management Career Current hiring trends What’s hot what’s not Evolving P/M roles Views of P/M’s from executives Value of education and certification Building effective teams Networking for success Are you done yet??
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701 North Post Oak Road Suite 610 Houston, Texas Phone: 713/ Contract and Full-time Staffing Information Technology Staffing Specialists Consulting and Special Projects