Why Program Management for Business Transformation?
In this blog post, I am explaining why program management is pivotal for organization success. I am also providing insights into how I developed this innovative program, and how it will help you to fast-track your professional career and your personal growth.
Why This Program Is Important Today And In Future?
The program gives you a framework to achieve your strategic objectives- not just from a research perspective, but also in terms of practice and execution. It helps you understand the internal organization dynamics with a special emphasis on external dynamics in which the organization is operating. It is very important to visualize the future, make strategic choices, and execute the initiatives with the right methodology.
Consider the Covid-19, for example. It affected everybody, but some firms are growing and most are struggling. I think that the difference in resilience is linked to various factors, including designing strategic choices, defining complexity, and delivering benefits. Those are leadership choices that are amply covered in this course.
What Are Critical Initiatives One Can Lead After The Program?
Organizations are generally good at identifying the initiatives, but they lack in applying the right methodology and tool to achieve the desired objectives. This program has a specific perspective. It helps organizations to transform their business by using the right methodology.
Initiatives such as digital transformation, change management, merger and acquisition, new product/service launch, market expansion, mega projects, defense projects are classic examples.
What Is Most Unique About The Program?
Other programs tend to structure their content in terms of providing information about research, or best practices, or personal growth. it is a distinctive merger of global research with examples of practical scenarios and has a sharp focus on competencies. I think that this combination of management and leadership perspective is quite unique to the program.
How Would You Describe Your Program Delivery Approach?
I’m a practitioner who is also interested in experiencing the implications of cutting-edge research. I observe behaviors and try to relate that to a specific context. So, based on my experience, research, and utilization of the design thinking approach, I have designed a program that covers three areas content, context, and competency.
Content help participants to understand the research, context provides a situation in which they have to apply the content, and competency guides the participants to choose the behavior which is most appropriate. I believe it is a great way to build the next generation of leaders.
What Are Key Aspects You Will Cover In The Program?
We will explore the classic issue of differentiating projects and programs. It is a starting point and very painful to see that majority of organizations are still lacking in it. Understanding the difference and utilizing the right methodology for their initiatives is a key management skill that this program will help to achieve.
Another part of the program speaks to the viability of the program, in terms of both complexity and uncertainty. Again, when making program decisions, it’s important to understand the trade-offs required to achieve a future state. So, when a company realizes that there is a market opportunity, and a new product or service will help to seize that, they have to decide which current offering they are going to sacrifice or how many resources they can pull from other initiatives to achieve it. Different initiatives-say, digital transformation requires a cultural shift within an organization and will require structural changes during the execution of the program and after the transition. Management and program manager should be able to objectively evaluate that and utilize change management effectively.
Finally, the leadership exercise will give you a roadmap to lead the program as a CEO, and deliver the results. It will definitely help you to fast-track your professional career and personal growth.
Who Is Ideally Suited For This Program?
The program is designed for people who are responsible to lead multiple strategic initiatives in their firms. The course is especially relevant to senior and middle managers, helping them to execute programs that are launched to provide sustainability and growth opportunities to their companies. Program managers, strategic project managers, and executives with leadership responsibilities will benefit from this program.
How Does This Program Help Participants To Fast Track Career?
Initiatives like digital transformation, merger and acquisition, product launch, and global expansion are the lynchpin for organization sustainability and growth. The success of these initiatives is measured against achieving benefits rather than deliverables. So, managers who are responsible to lead these initiatives have direct access to senior management or board members. Successfully delivering will help them to gain trust, and will pave a way for bigger and better responsibilities within their organizations, and other organizations.
Why Passing PGMP® Exam Is Important?
Certifications help to recognize your value in the market. It helps to grow faster and grab the opportunity quickly. In most cases, certified professionals earn more than non-certified professionals.
PgMP® certification is considered an elite certification, and very few individuals have achieved it. Those who are serious and wants to grow their professional career should go for it.