PM Insight Sunnyvale Virtual Meeting - Project Management in A Startup Environment vs. in A Large Corporation
PM Insight-Sunnyvale Virtual Meeting:
Project Management in A Startup Environment vs. in A Large Corporation
Silicon Valley is home to some of the most impressive technology companies in the world. Within this small geography you will find Fortune 50 companies mixed among a sea of startups. Each company will have its own unique culture, but there are some common traits among the two tiers of corporate and startup that set them apart.
I have had the opportunity to work on many different project teams across world class operations and within small early-stage startups. The main differences between the two are: working knowledge, stakeholders, available resources, agility, and speed.
What used to take me months to plan with a team of engineers and analysts in corporate companies could be accomplished in weeks with a small agile team of specialists in an early-stage startup. While the corporation is setting up their project boards in their favorite online shared resource, a resourceful project lead is creating lines of tasks in a shared spreadsheet at a startup.
Takeaways:
- Knowledge – larger corporations have the capital to invest into specialists for each category of the business cycle and everything in between. You are likely all those specialists-in-one within a startup.
- Stakeholders – getting to a “yes” in early-stage companies can be as simple as convincing one stakeholder while larger corporations have many stakeholders who need persuaded.
- Resources – we all love our project management tools that keep sprints and plans organized; but imagine only having a spreadsheet.
- Agility – larger corporations spend most of their project time planning for all possible outcomes while early-stage startups launch with an idea and pivot continually without a script.
- Speed – the biggest difference between the two is the speed to market.
About the Instructor:
Tim Hendrix
Tim Hendrix is a venture capital investor at the US-based Agility Investment Fund, where he serves as a General Partner in San Francisco, California. His specialties include early-stage startup operations, organization building, and rapid business scaling. Alongside his General Partner responsibilities, Tim operates Spain Hill Capital as Managing Director; providing angel, pre-seed, and seed investments for early-stage founders paired with business management, consulting, and professional services. Tim has also served in multiple operational and accounting roles with Tesla, Nissan North America, Universal Logistics Holdings, and ecommerce home furnishing companies.
He earned a master's degree in finance at Harvard University where he concentrated on investment theory, including portfolio optimization, venture capital, and financial analysis. He holds a bachelor's degree from Bellevue University in Supply Chain Management and multiple certificates. Outside of formal institutions, Tim has pursued additional training and education in real estate investing, strategic management, alternative investments, corporate finance, and business consulting.
Meeting Leader: Kuntal Thakore, PMP, CSM
Online Registration
PMI Silicon Valley Members: $5.00
Non-Members: $5.00
Students & Veterans: Free (Please contact Meeting Leader for the discount code)
Cancellation Policy
This event is a professional society meeting, held for the benefit of its members. The Plan Ahead registration fee paid is based on the registrant's ability to commit to attendance, ahead of time. The Plan Ahead registration fee will not be refunded for any reason, other than event cancellation, after normal business hours (5:00 PM, Pacific) on the registration deadline day. The PMI - Silicon Valley Chapter reserves the right to make last-minute changes to program content and speakers, as circumstances dictate.
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