I'm sure you've talked about what's happening on Wall St. Very few firms will be spared and if you work in project management, it's very unlikely you'll avoid all the problems. As this chart from Sequoia Capital's presentation show, tech spending is heavily influenced by S&P 500 Earnings.
I've been doing a lot of work and I'm very excited that next week I'll be doing a series of posts for Silicon Valley Project Management on what the credit crisis means for people working in project management and in companies in general.
The outline is:
- The Credit Crisis: What Does it Mean for Your Business - This will look at what's currently happening and what it might mean for your firm.
- The Credit Crisis: Why It Is Important - A Little History - To try and get some context, we'll look at a little history of why firms were set up and why investors, like Carl Icahn are so outraged.
- The Credit Crisis: For Project Managers - What Does It Mean? - What are some things as project managers you should be doing.
- The Credit Crisis: For Project Managers - What should you Expect? - What are things to look for and think about.
I will be republishing it here a day after it publishes on SVProjectManagement. Predictions are difficult, especially about the future. I'd love to know your thoughts.