Since 2007, Ricardo Vargas has been publishing the 5 Minutes Podcast, where he addresses in a quick and practical way the main topics on project management, business agility, risk and crisis management, among other topics.
In this week's episode, Ricardo introduces the Kano Model, one of the easiest and more effective ways to prioritize product and service's features based on their potential to satisfy clients. Listen to the episode to learn more about the five patterns or categories created by Noriaki Kano to classify the features and identify those you should focus on developing.
In this week's episode, Ricardo discusses one of the critical principles of the PRINCE2 method: the management by exception. Managing by exception is a key pillar to save time and the overload of communications by setting boundaries of action and escalating issues. This principle is useful in every type of project and every method.
In this week's episode, Ricardo gives tips for optimizing virtual meetings. As everyone knows, this type of arrangement has become a "nightmare" for many. Endless hours in front of a small screen have become a torment for productivity and performance. There are 5 simple tips that are much more related to discipline and behavior than to any type of technology.
In this week's episode, Ricardo talks about accountability and the discomfort we face most of the time when making decisions. Having the chance to make decisions are one of the most significant freedom examples we have. However, it comes with a lot of pain because we do not know precisely a decision is correct or not. If we take only the professional lens, we have to make decisions constantly, bringing stress, but we have no other option.
In this week's episode, Ricardo reflects on how our experiences, the media, and the different voices of society affect our perception of risks. We often increase, decrease or disregard the relevance of different threats and opportunities due to imperfect and biased information we receive every day. Ricardo also shares three simple tips you should always keep in mind to analyze future risk scenarios in the best possible way.
In this week's episode, Ricardo talks about something nobody talks too much about. The pain of the end. When the project releases its main products or services, it is pure joy. However, there is a less joyful moment happening at the same time: the feelings surrounding the end of the work, the loss and fears about the future.
The WEF just published the Global Risk Report 2021. In its 16th edition, the report addresses the significant global risks like war, natural disasters, infectious diseases, and several other events and hazards that could jeopardize companies and governments' operations. In this episode, Ricardo highlights the report's main finds and goes back to 2020 to see how the landscape changed with the COVID-19 pandemia.
Nowadays, all those leading projects and initiatives only talk about outcomes. In this week episode, Ricardo reflects on the concept that outcomes are everything while outputs are irrelevant. For him, outputs and outcomes are equally important because outputs are the only way to produce outcomes. The problem is the disconnection between the outputs we product and the outcome we want to reach.
This week's topic goes back to negotiation and who should make the first offer. Many researchers claim that the Anchoring bias provides an edge to those who make the first offer since the human tendency supports that counter-offers tend to be proposed around the initial starting point. But there is a way around this if you don't make the first offer... Listen to the episode to find out more.
In this week's episode, Ricardo shares a concept he saw in a Design Thinking course he did recently: The Ebb and Flow of Ideation. Dev Patnaik introduces this straightforward and effective concept in the Product Development Best Practices Report. It is centered on the concept that better ideas are interspersed with absurd ones during ideation, and a wild idea is the fuel to generate new brilliant ones.
Read Ricardo's reviews of some of the best technical books published.
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