Happy New Year! š
After spending 25 years navigating digital transformation and change management in financial servicesāboth in public companies and private equity-backed firmsāIāve picked up a few lessons along the way. One of the most important? Ensuring that your team has the bandwidth to succeed.
As we kick off a new year, many of you have a portfolio of initiatives on your plateāsome new, some carried over from last year. No matter the scope of your plans, one factor consistently impacts your critical path: resource availability and load.
Too often, critical initiatives are assigned to team members already stretched thin managing their day-to-day responsibilities in the middle and back office. And when theyāre nominatedāsometimes without a holistic review of their current workloadāthis oversight can derail your timeline and, ultimately, your budget.
A tough client once told me: āWe need to move slower to move fast.ā Iāll admitāI initially smirked at the idea. But she was right. Taking a step back in January to assess your resources and set realistic expectations can save you from headaches (and budget overruns) later in the year.
Hereās my advice:
1ļøā£ Review your teamās current workload.
2ļøā£ Ask whether key players can handle both BAU and your new initiatives.
3ļøā£ Make adjustments now to ensure a smoother path forward.
Block time this month to evaluate your resourcesāyour future self will thank you.
Need help getting started? Iāve created a resource estimation template to simplify the process. Drop me a note or schedule a quick chat, and Iāll send it your way.
Letās make 2025 your smoothest year yet.
