Why Emotional Intelligence Matters in Medical Device Project Managers
It’s important to recognize what powers a team to deliver the best they can when it comes to medical device projects. Is it the power? Purpose? Prestige? It’s the project manager’s responsibility to understand team members’ verbal and non-verbal cues to keep them motivated and high functioning. That’s where the emotional intelligence of the medical device project manager comes into play. The following factors characterize the emotional intelligence in project managers. The project manager’s awareness of self It is not possible to lead and guide others without being aware of…
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3 Ways to Motivate Your Employees: Project Management Leadership
How to ensure that the highly qualified, enthusiastic, and frankly, great people to work with – stick around? Yes, money, benefits, position, and other tangible factors are important. But they aren’t the only things that motivate your employees. In fact, they don’t even top the list! While a walk in the dusty past will show you that greed, honor, and fear are effective motivators, there’s something even better. And that’s an employee’s satisfaction with the project. If you want to motivate your employees, ensure they’re satisfied. This satisfaction stems from…
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Essential Elements and Stages Of A Medical Device Development Project
There are a lot of complex moving parts in all the stages of a medical device development project. Plus, the exact process for development projects differs across companies, industries, and regions. Market and regulatory requirements that hold true for European companies may not be applicable for a company in the USA. A company located elsewhere but wanting to market to Europe would have different requirements. And so on. As a result, no two medical device development projects are the same. But there’s one thing they all share. Any medical device development…
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Is your project management style what your medical device project needs?
When we talk about project leadership or team leadership, everyone has a unique approach and style. You develop a certain project management style based on your personality, experiences, and company culture. After 25+ years as project management consultants, we have broadly grouped project management styles into seven different categories. What are the 7 different project management styles? How do you know what your default project management style is? Is your default project management style what your medical device project needs from you? What do you do if one of your…
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The importance of Vision in managing a medical device project successfully
When we talk about the importance of vision for project management in a medical device company, we are not just talking about the end results that the project team or the medical device company wants to accomplish. ‘Vision’ encompasses so much more. As every project management consultant at the Waddell group will attest, Vision is what the project manager needs to have, to: 1) Identify the nature of the project they are undertaking and how it fits in with the company goals. 2) Ensure that the project parameters closely follow…
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So you want to be a consultant
What’s it like having your own business as a medical device project management consultant? We will share our views with you below. There are risks and rewards to having your own business, and Waddell Group will help World Class Medical Device Project Managers make the leap by being your sales and marketing arm . In short, we make it easy for you to be in business for yourself. The “great resignation” and COVID are changing the way we work, and this gives the employees – and contract employees –…
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Project Management Tips to Get the Most Out of Your Remote Teams
Project Management Tips to Get the Most Out of Your Remote Teams Last October, Waddell Group CEO Tom Waddell interviewed Courtney Jones, a skilled project manager with expertise in managing teams from across the globe at Rebiotix, a Ferring Company. Jones’ experiences with project management during the COVID-19 pandemic have equipped her with the tools necessary to get the most out of her teams, and both Jones and Waddell agree that simple changes to you and your team’s processes will pay dividends in the long run. Jones has found success…
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Tips for Successfully Managing Remote Teams and Projects
Managing Projects Remotely in a Pandemic Last year, Waddell Group CEO Tom Waddell interviewed Dr. Michael O’Connor, Director of Strategy and Project Development at Medtronic about tips on managing projects in a pandemic. Dr. O’Connor shared some wisdom about quickly adapting and executing projects during lockdown and afterwards. At the onset of their conversation, Dr. O’Connor stated that Medtronic saw the pandemic ahead of time through their global presence, but what they saw still didn’t prepare them for the scale and impact COVID-19 would have on project management practices and…
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How Integrity in Project Management Leads to Team Success
Integrity Is a Critical Component for a Successful Project Recently, we talked about why integrity is a critical part of project management and what’s required to maintain the integrity of the project and the company. In brief, the project manager needs to be aware of (and convey to their team): The intent of the project Why the company is doing the project Profitability The trade-offs required to achieve the project goal But that’s not enough. You also need to manage the project with integrity so that it doesn’t get off…
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Opportunities in a Post-Pandemic Market With Introworks
Opportunities in a Post-Pandemic Marketplace Waddell Group CEO Tom Waddell had an interview last November with the President of Introworks, Bob Freytag, about opportunities in the marketplace to take advantage of as the market continues to open up after COVID-19. A year later, we’re revisiting their conversation to gain a new perspective on their insights and measure their applicability in a marketplace that is still transitioning as we approach 2022. Waddell and Freytag’s conversation covered topics such as the effectiveness of fractional teams during the pandemic, how to take advantage…
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