How to Manage Dependencies

How to Manage Dependencies

Managing dependencies is key to effective leadership. A dependency means to be contingent on or determined by something. For example, sales needs to receive a revised version of a contract from legal to present to the customer for signature. If sales does not receive the revision, the deal cannot close.

Failure to deliver results based on a breakdown of dependencies is a failure of leadership. Why? Leaders need people for success. When people fail to deliver, the organization is adversely impacted. While people need to be held accountable, ultimate accountability is with the leader. Below is a five step process to better manage dependencies:

  • What are the dependencies with the potential to derail your initiative or project?
  • Use efforts that go above and beyond the reasonable standard to manage them.
  • Take over dependencies where possible to remove reliance on others.
  • Negotiate and manage to clear and unambiguous commitments from others when you are dependent on them.
  • Create hedges (fallback plans, etc.) for each dependency where possible.

Remember, failure to deliver results based on a breakdown of dependencies is a failure of leadership.

All contents copyright © 2018, Josh Lowry. All rights reserved.

Advertisements

Leave Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: