Project managers have to express authority, legendary oil and gas executive T. Boone Pickens said in an exclusive interview in the September issue of PMI's member publication PMI Today.
Founder and chairman of BP Capital Management and author of The First Billion of the Hardest, Mr. Pickens will serve as the keynote speaker for the PMI Global Congress 2009--North America next month in Orlando, Florida, USA.
In the PMI Today interview, Mr. Pickens discusses everything from innovation to leadership.
Here are some highlights:
On his predictions for growth in the alternative energy sector--and the chance of a bust like the dot-com industry:
Sure, you could have a runaway for awhile, but I think renewable energy is here to stay. There is an opportunity to make money and develop new products in the sector. If we get 200,000 megawatts going in the Great Plains, it is unbelievable what it would do for the economy, jobs and taxes in the small and mid-sized communities, which have lost population over the past several decades. It can all be done with the right leadership.
On what advice he has for project managers:
You have to express authority. You can't just tell everyone to go do their best and then sit back. You are in a role where you can direct. ...
On what project managers thinking of turning to consulting should keep in mind:
Hang out your own shingle. Don't figure out what you are making by the hour because it will make you cry. Go out on your own, double your time, work harder and make it your own. Suck it up and know you are able to accomplish what you want to do. ...
PMI members can read the full interview in the digital edition of PMI Today on PMI.org. And congress attendees can see Mr. Pickens live on Sunday afternoon at PMI's North America global congress.
Founder and chairman of BP Capital Management and author of The First Billion of the Hardest, Mr. Pickens will serve as the keynote speaker for the PMI Global Congress 2009--North America next month in Orlando, Florida, USA.
In the PMI Today interview, Mr. Pickens discusses everything from innovation to leadership.
Here are some highlights:
On his predictions for growth in the alternative energy sector--and the chance of a bust like the dot-com industry:
Sure, you could have a runaway for awhile, but I think renewable energy is here to stay. There is an opportunity to make money and develop new products in the sector. If we get 200,000 megawatts going in the Great Plains, it is unbelievable what it would do for the economy, jobs and taxes in the small and mid-sized communities, which have lost population over the past several decades. It can all be done with the right leadership.
On what advice he has for project managers:
You have to express authority. You can't just tell everyone to go do their best and then sit back. You are in a role where you can direct. ...
On what project managers thinking of turning to consulting should keep in mind:
Hang out your own shingle. Don't figure out what you are making by the hour because it will make you cry. Go out on your own, double your time, work harder and make it your own. Suck it up and know you are able to accomplish what you want to do. ...
PMI members can read the full interview in the digital edition of PMI Today on PMI.org. And congress attendees can see Mr. Pickens live on Sunday afternoon at PMI's North America global congress.
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