building a resilient pm practice in lloyds banking group

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INTERNAL USE ONLY COO PM PRACTICE Customers at the heart of our business Jimmy Young Scottish Regional Lead PM Practice Sept 2014

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APM Scotland Branch members enjoyed a very entertaining presentation by Jimmy Young, Senior Practice Manager at Lloyds Banking Group. Jimmy Young His presentation provided an insight into how Lloyds performance manage, assign and develop their project managers in a £1.5billion+ portfolio of projects delivering over 33,000 changes a year. A key component of this work is the personal resilience of the colleagues and their ability to cope with stress in both personal and business life. Increasing recognition of the importance of the work/life balance and the true cost of stress in the workplace was spectacularly illustrated by the problems faced by their own CEO António Horta-Osório in 2011. Jimmy handed out a “How balanced is your life?” worksheet that the audience were able to fill in before and after his talk and then do some self-analysis on areas which might be a cause for concern. We also grappled with the question “which way round does the toilet roll go?” (Jimmy and I disagree on this!) and why some seemingly trivial things can be trigger points for underlying issues. Lloyds is building a caring, modern workplace where there is a collective responsibility and sense of community resulting in, unsurprisingly, happier and more productive employees. Well done Lloyds!Antonio recovered and was able to return to his post but now has a support infrastructure in place to prevent overwork. This ethos is now prevalent throughout Lloyds with the acknowledgement that “sometimes it is OK not to be OK” and staff are supported by people like Jimmy who can help them to develop resilience and redress the work/life balance if they are feeling pressurised or stressed.

TRANSCRIPT

Page 1: Building a resilient PM practice in Lloyds Banking Group

INTERNAL USE ONLY

COO PM PRACTICE Customers at the heart of our business

Jimmy Young Scottish Regional Lead – PM Practice Sept 2014

Page 2: Building a resilient PM practice in Lloyds Banking Group

WHAT WE’RE GOING TO COVER

2

Background

Structure

Colleague Engagement

Resilience

Page 3: Building a resilient PM practice in Lloyds Banking Group

SOMETHING SOFT

3

Page 4: Building a resilient PM practice in Lloyds Banking Group

ACCORDING TO MICROSOFT – SOMETHING SOFT

4

Page 5: Building a resilient PM practice in Lloyds Banking Group

BACKGROUND - SOME FIGURES

5

Page 6: Building a resilient PM practice in Lloyds Banking Group

6

Page 7: Building a resilient PM practice in Lloyds Banking Group

PMP PRIORITIES

7

CUSTOMER EXCELLENCE

- Engage with the CIO Directorates

- Uplift capability of PMs

BUSINESS EXCELLENCE

- Continue to simplify the PM processes and Operating Model

COLLEAGUE EXCELLENCE

- Invest in training (e.g. masterclasses and accreditations – 75%)

- Rebalance workforce to reduce reliance on contractors

- Develop new talent (PM Academy)

Page 8: Building a resilient PM practice in Lloyds Banking Group

• Development of the Senior Practice

Manager role to establish CIO

relationship management capability

• Alignment of permanent resources to

specific CIOs or Domains

• Creation of CIO Implementation

Management Lead roles (CIO IM Leads)

• CIO alignment of the Contractor Practice

Management teams

PMP INITIATIVES

8

• Establishment of the Practice as a Centre

of Excellence to provide PMs with SMEs

tools and resources

• Creation of the PM Academy to onboard

junior PMs and Next Generation

Graduates

• Training (e.g. masterclasses)

• Accreditations introduced to teach best

practices

CIO

Alig

nm

en

t

Capability Operations

Work

forc

e

• Revision of workforce strategy

• Initiation of a recruitment campaign

Page 9: Building a resilient PM practice in Lloyds Banking Group

RESULTS & BENEFITS

9

Benefits

Supports the Group IT strategy: Putting the customer at heart of our business

Long-term capability uplift and increased SME knowledge

Cost savings

Lower risk

Improved service and

timescales

Increased productivity

and synergies

Capable resources

Change delivered faster

Reduced contractor/perm

ratios

Reduced resource

allocation lead times

Improvements in agreed KPI’s

Productive relationships with HoPDs and HoOPs established

Deeper insight on portfolio demand

Greater levels of colleague certainty around future assignments

Enhanced Implementation Management services

Simplified resource allocation process

Engaged contractor community

Results

Page 10: Building a resilient PM practice in Lloyds Banking Group

COLLEAGUE ENGAGEMENT

10

• Regular surveys / Healthchecks

• Change initiatives driven by colleagues

• Recognise

• Small things matter

• D2MAD

• Work life balance

• Resilience

Page 11: Building a resilient PM practice in Lloyds Banking Group

Resilience

Page 12: Building a resilient PM practice in Lloyds Banking Group

Page 12

Disclaimer

All content in this presentation and within the HR Health & Wellbeing site is provided for

general information only and should not be treated as a substitute for the medical advice

of your own doctor or any other healthcare professional.

Lloyds Banking Group is not responsible or liable for any diagnosis made by a user

based on this content.

Lloyds Banking Group is not liable for the contents of any external internet sites listed,

nor does it endorse any commercial product or service mentioned or advised on any of

the sites .

Always consult your own GP if you’re in any way concerned about your health or an

independent financial adviser if you are concerned about your finances.

Page 13: Building a resilient PM practice in Lloyds Banking Group

How Balanced is Your Life?

Physical

Environment

Health

Money

Personal Growth

Fun / Recreation

Family

Career

Friends

Page 13

Page 14: Building a resilient PM practice in Lloyds Banking Group

Resilience – why are we doing this?

Page 14

Page 15: Building a resilient PM practice in Lloyds Banking Group

Resilience – why are we doing this?

Page 15

• We want to look after you and have you look after yourself

• We want you to look out for your family and colleagues

• We want to de-stigmatize “Stress”

• We want you to say no if you are doing too much

Page 16: Building a resilient PM practice in Lloyds Banking Group

Resilience – why are we doing this?

Page 16

Stress creeps up on you and then!

Page 17: Building a resilient PM practice in Lloyds Banking Group

“Resilience is the long-term capacity of an individual to

deal with change and continue to develop.”

Stockholm Resilience Centre

Page 17

What is Resilience?

Resilience is the ability to:

Bounce back

Take on difficult challenges

Respond positively to difficult situations

Rise above adversity

Cope when things look difficult

Have a more positive outlook when faced with challenging situations

Transform unfavourable situations into wisdom, insight, and compassion

Page 18: Building a resilient PM practice in Lloyds Banking Group

Page 18

Integration

TSB

Simplification

Customer First

And not least

Technology

Keeping the show on the road

Our Achievements

Page 19: Building a resilient PM practice in Lloyds Banking Group

Page 19

Decision making always difficult

Leaders do not have all the answers

Time and information is not always available

Being asked to do more with less

Pace and volume of work to remain high

Company / customer expectations are higher

Technology prevalent

– Always available

– Information overload

Ongoing pressure of needing to balance life with work

In continuing to deliver, we also need to get the next piece right..

There is a sense of purpose – Who we are and what we stand for

Meaningful fulfilling work, which gets the best out of our people

We develop our people and actively managing our talent

We focus on the right things – at work and in life

Our Achievements High quality outcomes at pace is the expectation we have

set, but there are some realities we must manage…

Page 20: Building a resilient PM practice in Lloyds Banking Group

Pressure & Performance Where were you during 2012? Where are you now?

Page 20 Remember how our CEO was affected at the end of 2011…

Hypostress

Eustress

Hyperstress

The right amount of

pressure is healthy…and it

is hard to get this right

Page 21: Building a resilient PM practice in Lloyds Banking Group

Page 21

Pressure & Performance

Indicators of Stress – You and Others!

Physical Signs Psychological / Emotional Signs Behavioural Signs

Headaches

Muscular tension

Backache and/or Neck ache

Tiredness and sleep problems

Digestive problems

A raised heart rate

Skin rashes

Sweating

Blurred vision

Feelings that you can't cope, negative or

depressive feeling

Irritability and mood swings

Disturbed eating patterns

Finding it hard to concentrate

Feeling less motivated

Disappointment with yourself

Increased emotional reactions – more

tearful or sensitive or aggressive

Loneliness, withdrawn

Loss of motivation commitment and

confidence

Mood swings (not behavioural)

Poor memory

Increased smoking, drinking or

drug taking ‘to cope’

Changes in eating habits

Mood swings effecting your

behaviour

Changes in sleep patterns

Twitchy, nervous behaviour

Changes in attendance such as

arriving later or taking more time

off.

Page 22: Building a resilient PM practice in Lloyds Banking Group

Page 22

Pressure & Performance

Indicators of Stress – Two easy ones!

Page 23: Building a resilient PM practice in Lloyds Banking Group

Must be topped up regularly Page 23

The Well-Being Reservoir

Page 26: Building a resilient PM practice in Lloyds Banking Group

What are rules for living?

Beliefs about ourselves and the world, which determine how we behave and what we expect from

the world around us.

Rules for living are often learned in childhood and are an important part of who we are, and

usually contain the words should, ought, or must.

When held too strongly and without exception, though, rules for living can mean we put ourselves

under a lot of pressure, anxiety and frustration.

Softening rules to guidelines:

Rule Guideline

I must never be late

I will always try to be on time, but

occasionally there will be

circumstances I can’t control which

may make me late. Page 26

Rules for Living or Beating yourself up

Page 27: Building a resilient PM practice in Lloyds Banking Group

Building Resilience Workplace Actions for Building Resilience

Page 27

COLLEAGUE

1. Be Active

Make an excuse to move more at

work

Walking meetings; visit a different

floor; use the stairs, not the lifts.

MANAGER

1. Get People Moving

Organise team activities

Support LBG schemes, e.g. Bike to Work

Encourage people away from their desks

at lunchtime

2. Take Notice

Focus on one task at a time

Look out for colleagues – know the

signs and symptoms of stress

2. Nurture Sensitivity

Ensure colleagues take breaks

Encourage a focus on completing tasks,

not taking on too much at once

Page 28: Building a resilient PM practice in Lloyds Banking Group

Page 28

COLLEAGUE

3. Give / Volunteer

Recognise the achievements of others

Give your time to worthy causes

Make sure your manager says please and thank you

MANAGER

3. Encourage Volunteering

Support Day to Make a Difference

Arrange activities to support the

Charity of the Year

4. Connect with Others

Ensure social contact doesn’t take a back seat

LinkedIn and social networking tools

4. Foster a Sense of Community

Encourage 360 degree connections beyond your immediate work group

Arrange social/networking events

Building Resilience Workplace Actions for Building Resilience

Page 29: Building a resilient PM practice in Lloyds Banking Group

Page 29

COLLEAGUE

5. Keep Learning

Don’t lose sight of personal development

We build resilience as we learn – it makes us better at coping with new situations

Find new hobbies and pastimes

Use the ‘Matched Learning’ scheme through LBG Flex

MANAGER

5. Promote Learning

Encourage stretch objectives

Use the Balanced Scorecard to good effect

Promote secondments and other learning opportunities

Building Resilience Workplace Actions for Building Resilience

Adapted from Dept of Health Emotional Resilience Toolkit

Page 30: Building a resilient PM practice in Lloyds Banking Group

Page 30

1. Talk to someone. Communication is important, whether it’s with a friend, family member or counsellor. Communication enables you to release tension rather than keep it inside. 2. Improve your self-esteem. Self-esteem is the way you feel about yourself. Lots of things can lower our self-esteem, such as a relationship break-up, not getting the job you wanted or putting on weight. None of these things makes us worth less, but it can feel that way. The best way to improve your self-esteem is to treat yourself as you would treat a valued friend, i.e. in a positive but honest way. Notice when you’re putting yourself down. Tell yourself something positive instead. 3. Manage your stress levels. Being in a stressed state of mind a lot of the time can make it easier for you to overreact or feel negative compared to someone who is relaxed. Managing your stress can be a gradual process. Look at your lifestyle. If you have a lot of stress in your life, find ways to reduce it, such as asking your partner to help with chores in the house, taking a relaxing yoga class, or talking to your boss about changing your working hours. Introduce regular exercise and time to yourself. These are positive changes. Taking control of your time in this way can effectively reduce stress. If you have anxiety with stress, breathing exercises can help.

Building Resilience Personal Actions for Building Emotional Resilience

Page 31: Building a resilient PM practice in Lloyds Banking Group

Page 31

4. Enjoy yourself. Doing things that you enjoy is good for your emotional health. Watching sports with a friend, having a soak in the bath, or meeting up with friends for coffee are examples of small activities that can improve your day. Avoid things that seem enjoyable at the time but make you feel worse afterwards, such as alcohol, or clothes shopping if you’re on a tight budget. 5. Limit your alcohol intake. You don’t have to give up alcohol completely to be emotionally resilient, but avoid drinking more than the recommended limit. 6. Choose a well-balanced diet Making healthy choices about your diet can make you feel emotionally stronger. You’re doing something positive for yourself, which lifts your self-esteem, and a good diet enables your brain and body to work efficiently. 7. Do exercise Even moderate exercise releases chemicals in your brain that lift your mood. It can help you to sleep better, have more energy and keep your heart healthy.

Building Resilience Personal Actions for Building Emotional Resilience

Page 32: Building a resilient PM practice in Lloyds Banking Group

Page 32

8. Get enough sleep Make sure that you make sleep a priority. Some people find this very hard at certain times in their lives, for example, new parents and those working shifts. Ask your partner or a family member to help you so that you can catch up on sleep. 9. Develop good relationships Our relationships are part of who we are and how we feel. Think about your relationships with family, friends, your partner. Do they have your best interests at heart? Do you enjoy their company? Are you happy with the way you act towards them? Start to think about how you can improve your relationships, then make little changes.“ 10. Know the warning signs Try to recognise when negative emotions start creeping in, whether it’s stress, anxiety or feeling sad. When you know the warning signs you can do the things that you know will help. For example, a good chat with a close friend or some relaxing breathing exercises. Adapted from NHS Choices – Build up your Emotional Resilience

Building Resilience Personal Actions for Building Emotional Resilience

Page 33: Building a resilient PM practice in Lloyds Banking Group

How Balanced is Your Life? – Part Two

Physical

Environment

Health

Money

Personal Growth

Fun / Recreation

Family

Career

Friends

How balanced does the shape of the wheel look?

Which areas of your life are you currently happy with?

Where do you think improvements can be made? Page 33

Page 34: Building a resilient PM practice in Lloyds Banking Group

Top Ten Quick Wins

1. Get a personal mobile and switch the Blackberry off when you leave work and at

weekends

2. Switch off you email notifications and schedule email time each day

3. Schedule time for your housekeeping – ART, training, BEN, etc and stick to it

4. Schedule meetings to be 50 mins - allows you to get a coffee / move between

rooms

5. Schedule lunch breaks and keep them – move them but keep them

6. Learn to say thank you to colleagues and friends

7. Learn to put your hand up and say you are too busy

8. Make sure you have someone you can talk to – at work / home / friend

9. Remember its easy to fix something before it breaks

10. Remember what its like to laugh and try it

Page 35: Building a resilient PM practice in Lloyds Banking Group

Closing thoughts Keep in View…

Find your balance – everyone is different

Make time for yourself to explore interests outside work Take regular exercise

Friends & family are important

Write your own obituary

Don’t overload yourself – learn to push back when necessary

Recognise when you need help and know it is fine to ask

Everything doesn’t have to be perfect… Challenge your thinking

It’s ok to fail occasionally – don’t put yourself down

Create a healthy relationship with your line manager and peers

– we should be looking out for one another

Page 35

Page 36: Building a resilient PM practice in Lloyds Banking Group

And finally!

Page 36

Page 37: Building a resilient PM practice in Lloyds Banking Group

This presentation was delivered at

an APM event

To find out more about upcoming

events please visit our website

www.apm.org.uk/events