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Navigating Major Programmes - The Cost of Bad Leadership in Major Programmes with Riccardo Cosentino | S1 EP 12

The Cost of Bad Leadership in Major Programmes with Riccardo Cosentino | S1 EP 12

10/09/23 • 32 min

Navigating Major Programmes

In this episode, Riccardo Cosentino takes us behind the scenes of developing the Navigating Major Programmes podcast and shares why he started this podcast—well before he was ready. Taking us through his career in infrastructure (and the brief moment he almost became restaurateur), Riccardo highlights his leadership learnings and how graduating from Oxford Saïd Business School’s MSc Major Programme Management dismantled his imposter syndrome, a necessity in becoming an effective leader. You’re going to want to grab a pen and paper for one because Riccardo shares practical leadership tips that will help you get your team’s performance to the highest level.

“Ultimately, the cost of leadership training is insignificant compared to the cost overruns or schedule overruns major programmes encounter every day.”

Key Takeaways:

  • Imposter syndrome and why starting a podcast helped Riccardo overcome it
  • Does a personal brand have a place in major programmes?
  • How to successfully use LinkedIn within the infrastructure industry
  • Why leadership training should be required in major projects

If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox.

The conversation doesn’t stop here—connect and converse with our community:

Transcript:

Riccardo Cosentino 00:05

You're listening to navigate the major problems, the podcast that aims to elevate the conversations happening in the infrastructure industry and inspire you to have a more efficient approach within it. I'm your host, Riccardo Cosentino I brings over 20 years of major product management experience. Most recently, I graduated from Oxford University's day business school, which shook my belief when it comes to navigating major problems. Now it's time to shake yours. Join me in each episode, as I press the industry experts about the complexity of major program management, emerging digital trends and the critical leadership required to approach these multibillion dollar projects. Let's see where the conversation takes us. Hello, everyone. Welcome to a new episode of navigating major programs. Today will be my first solo podcast, I will have no guests today. So you will be listening to me rambling away hopefully won't be rambling it will be interesting, interesting topics that we cover in this podcast. I started. I started this podcast very recently, and I have no previous experience in podcasting. I'm an avid listener, but I never, never led or recorded podcasts before. Reason why I started this podcast. Mostly I wanted to elevate the conversation about major programs, I wanted to have a platform where we can think through major programs, we can think through issues associated with major programs. I also wanted to give an opportunity to some of my classmates and future classmates and past classmates to have a platform where they could present the research. As many of you know and carried out I finished a master's degree Oxford called MMPM mastering major program management. And while I was doing my dissertation, it occurred to me that many of my classmates were also doing very valuable research. But unlike a PhD, this research doesn't really get published, some of the dissertation are about the quality that can be can be published in in journals. However, a lot of the dissertations don't quite meet that threshold. However, it's very, very interesting research that should have a platform to be presented. Rather than just ending up on a shelf on somebody's on somebody's bedroom or living room. This is why I started the podcast. Starting the podcasts was very nerve racking for me. It took me it took me almost a year to find the courage to actually record the first series, the first five episodes, I actually recorded the very first episode two years ago, but then never had the never had the courage I guess, to follow through with the rest of the episodes. So I sat sat on this project for a very long time, it was very nerve wracking for me, I procrastinated, I postponed the recording until I was really what would happen is what was at Oxford graduating from my, from a master's degree. A lot of my colleagues and classmates were congratulating me for having a strong presence on LinkedIn a...

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In this episode, Riccardo Cosentino takes us behind the scenes of developing the Navigating Major Programmes podcast and shares why he started this podcast—well before he was ready. Taking us through his career in infrastructure (and the brief moment he almost became restaurateur), Riccardo highlights his leadership learnings and how graduating from Oxford Saïd Business School’s MSc Major Programme Management dismantled his imposter syndrome, a necessity in becoming an effective leader. You’re going to want to grab a pen and paper for one because Riccardo shares practical leadership tips that will help you get your team’s performance to the highest level.

“Ultimately, the cost of leadership training is insignificant compared to the cost overruns or schedule overruns major programmes encounter every day.”

Key Takeaways:

  • Imposter syndrome and why starting a podcast helped Riccardo overcome it
  • Does a personal brand have a place in major programmes?
  • How to successfully use LinkedIn within the infrastructure industry
  • Why leadership training should be required in major projects

If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox.

The conversation doesn’t stop here—connect and converse with our community:

Transcript:

Riccardo Cosentino 00:05

You're listening to navigate the major problems, the podcast that aims to elevate the conversations happening in the infrastructure industry and inspire you to have a more efficient approach within it. I'm your host, Riccardo Cosentino I brings over 20 years of major product management experience. Most recently, I graduated from Oxford University's day business school, which shook my belief when it comes to navigating major problems. Now it's time to shake yours. Join me in each episode, as I press the industry experts about the complexity of major program management, emerging digital trends and the critical leadership required to approach these multibillion dollar projects. Let's see where the conversation takes us. Hello, everyone. Welcome to a new episode of navigating major programs. Today will be my first solo podcast, I will have no guests today. So you will be listening to me rambling away hopefully won't be rambling it will be interesting, interesting topics that we cover in this podcast. I started. I started this podcast very recently, and I have no previous experience in podcasting. I'm an avid listener, but I never, never led or recorded podcasts before. Reason why I started this podcast. Mostly I wanted to elevate the conversation about major programs, I wanted to have a platform where we can think through major programs, we can think through issues associated with major programs. I also wanted to give an opportunity to some of my classmates and future classmates and past classmates to have a platform where they could present the research. As many of you know and carried out I finished a master's degree Oxford called MMPM mastering major program management. And while I was doing my dissertation, it occurred to me that many of my classmates were also doing very valuable research. But unlike a PhD, this research doesn't really get published, some of the dissertation are about the quality that can be can be published in in journals. However, a lot of the dissertations don't quite meet that threshold. However, it's very, very interesting research that should have a platform to be presented. Rather than just ending up on a shelf on somebody's on somebody's bedroom or living room. This is why I started the podcast. Starting the podcasts was very nerve racking for me. It took me it took me almost a year to find the courage to actually record the first series, the first five episodes, I actually recorded the very first episode two years ago, but then never had the never had the courage I guess, to follow through with the rest of the episodes. So I sat sat on this project for a very long time, it was very nerve wracking for me, I procrastinated, I postponed the recording until I was really what would happen is what was at Oxford graduating from my, from a master's degree. A lot of my colleagues and classmates were congratulating me for having a strong presence on LinkedIn a...

Previous Episode

undefined - Implementing IPD in Nuclear Mega Projects with Carol Tansley | Saïd Business School, University of Oxford | S1 EP 11

Implementing IPD in Nuclear Mega Projects with Carol Tansley | Saïd Business School, University of Oxford | S1 EP 11

In this week’s episode, Riccardo and guest co-host, Corail, sit down with fellow alumna, Carol Tansley to discuss her Oxford Saïd Business School dissertation on the institutional barriers to adopting integrated project delivery (IPD) on a nuclear mega project. Carol's impressive career, spanning two decades, is rooted in executing major programs for the UK Government Department for Work, HMRC, and DTI. As a recognized authority in large-scale IT and business transformations, her expertise took her to the Middle East, notably participating in the groundbreaking nuclear project in Abu Dhabi, marking the inauguration of the first nuclear power plant in the Arab world. Ninety-seven percent of nuclear major programmes go over time and over budget, so how did Carol (with no nuclear background) participate in delivering one two days early? This is a conversation you won’t want to miss.

“IPD may represent a methodology that would work has been proven to work in first of a kind environments. And while we have the field conditions now to embrace that, we need people that are willing to go out and embrace these new ways of working and seek to implement them.”

Key Takeaways:

  • The role Eternal Beginner Syndrome plays in complex nuclear programmes.
  • The perceived barriers against adopting new models and how cultural and cognitive biases can masquerade as genuine obstacles.
  • Carol’s experience at Nuclear Week in the UK parliament and the future trends of the nuclear industry—energy security goals, securing affordable supplies and tackling climate change.
  • Attracting the younger generation to the nuclear sector to support climate solutions and the expected 40 percent growth rate.

If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox.

The conversation doesn’t stop here—connect and converse with our community:

Transcript:

Riccardo Cosentino 00:05

You're listening to navigate the major programes, the podcast that aims to elevate the conversations happening in the infrastructure industry and inspire you to have a more efficient approach within it. I'm your host, Riccardo Cosentino brings over 20 years of major product management experience. Most recently, I graduated from Oxford University’s Day business school, which shook my belief when it comes to navigating major problems. Now it's time to shake yours. Join me in each episode, as I press the industry experts about the complexity of major program management, emerging digital trends and the critical leadership required to approach these multibillion-dollar projects. Let's see where the conversation takes us. Carol Tansley was appointed Vice President X energy UK new build projects in September 2022. In this role, she oversees all x-energy's activities towards establishing the XE 100 as the prominent I temperature gas reactor technology in the United Kingdom. Prior to joining IX energy, Carol served as the operational readiness Control Center Director for the early successful Emirates nuclear energy cooperation startup of the Barakah nuclear plant in the UAE. She was also the new Newa energy company director of strategic programs. Prior to this, she served as a senior director for PwC in the UK and UAE, as well as working at Accenture delivering some of the UK is largest public sector change programs. She recently graduated with distinction from the University of Oxford, with an MSc in major program management. Carol's research focuses on causes of poor performance on nuclear mega project, and potential benefits of adopting relational contracting models.

Corail 02:05

Hello, Carol Heller, Ricardo, I'm super happy to talk to you today. And thank you so much for the opportunity to interview Carol on your podcast, Ricardo, I think we all met in Oxford during the MMPMcourse. And it was wonderful to learn about Carol's experience about the nuclear industry, which is one of the most complex industries, you can find say, I think the listener will be so happy to hear about Carol's story and what you have to say are all about the future of this industry. First of all, I was wondering if you could tell us a little bit more about your background and how you fell into the nuclear sector. I know that there is a little value at the start of th...

Next Episode

undefined - Adapting As Fast As We Can with Digital Twin Fan Club | S1 EP 13

Adapting As Fast As We Can with Digital Twin Fan Club | S1 EP 13

In this episode, Riccardo sits down with two of the voices behind the Digital Twin Fun Club podcast, Henry Fenby-Taylor and Neil Thompson. The trio speaks accuracy versus bias and how technology (digital twins specifically) can help mitigate risk within the complex world of infrastructure.

“I think people generally have the wrong expectation of technology. They think ‘Oh, we’re going to be able to predict the future.’ Actually the value of these things isn’t about being able to predict the future, it’s about being able to adapt as quickly as possible to changing circumstances.” –Neil Thompson

Key Takeaways:

  • Defining a digital twin, the difference between a BIM and digital twin
  • The true value of technology (spoiler alert: it is not about predicting the future)
  • The transition from sourcing the “cheapest” to “best” solution
  • Major programmes as a symphony, an analogy of perspective
  • Collaboration through technology for parallel problem solving approach

Links Mentioned:

If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox.

The conversation doesn’t stop here—connect and converse with our community:

Transcript:

Riccardo Cosentino 00:00

If you're listening to navigate the major programs, the podcast that aims to elevate the conversations happening in the infrastructure industry and inspire you to have a more efficient approach within it. I'm your host Riccardo Cosentino I bring over 20 years of major product management experience. Most recently, I graduated from Moxa universities they business group, which shook my belief when it comes to navigating major problems. Now it's time to shake yours. Join me in each episode as a press the industry experts about the complexity of major problem management, emerging digital trends and the critical leadership required to approach these multibillion dollar projects. Let's see where the conversation takes us. Hello, everyone. Welcome to another episode of navigating major programs. Today I'm joined by two guests from the digital twin fun club. Gonna let them introduce themselves.

Henry Fenby-Taylor 01:04

Hi, I'm Henry Fenby Taylor, host of the digital twin fan club, podcast and editor and coordinator and I also run my own digital transformation and communications consultancy. Hi,

Neil Thompson01:18

Hi everyone. I'm Neil Thompson. I'm a digital fanclub cleaner owner and co founder, I guess, their day job I work at AtkinsRéalis, and I do things around digital transformation. I also have some other hats around the industry, my chair, the built environment for the Institute of Engineering Technology, also lucky enough to have gained an Honorary Associate Professor of the Bartlett School of sustainable construction, all things. Construction economics related. So I'm really interested to have this conversation because I've, I've been listening to some episodes and really fascinated in this sort of world between digital tools and how we incentivize people to do things is fascinating. So I'm looking forward to the conversation.

Riccardo Cosentino 02:08

Yeah, me too. Definitely. I'd well if we're comparing hats. I'm also on the construction industry councils. Net Zero climate change panel, and then CIC 2050, board member of a core member of zero construct as well. So I have a very strong interest in net zero in this space as well. Which is a key economic question, isn't it? Really? Yes. Especially today with the especially in the UK, es...

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