Success story | Portfolio consolidation and governance in the pharmaceutical industry
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Laurence Massat
Partner / France
Toulouse
Portfolio consolidation and governance in the pharmaceutical industry
CHALLENGES
Our client, a pharmaceutical company, faced difficulties to reach its objectives of new product launch and product changes delivery. These difficulties were partly due to the lack of portfolio management, in a context of high volume of projects and limited resources.
CYLAD was mandated to :
Consolidate, characterize and rationalize the portfolio of all ongoing and future projects
Develop an optimized portfolio management system
SOLUTIONS
For the portfolio consolidation, CYLAD :
structured the portfolio architecture based on project triggers and types
defined the attributes necessary to facilitate selection and prioritization (e.g. value, risk)
consolidated all ongoing or forecasted projects within the organization, in a robust shared baseline
Simultaneously, CYLAD defined the portfolio management system:
Definition and sizing of the organization around newly created Portfolio Manager position, with clear roles and responsibilities
Demand management & steering processes, methods, routines and rules for portfolio governance, including project in-flow, monitoring, workload/capacity management and arbitration.
KEY DELIVERABLES
Optimized consolidated portfolio baseline
Evaluation matrix
Portfolio management handbook
CUSTOMER BENEFITS
SHARED SINGLE SOURCE OF TRUTH : Exhaustive project list/portfolio baseline
PRIORIZATION RULES FOR RESOURCE ALLOCATION of portfolio pipeline based on value/effort analysis
TEAMS ENGAGED thanks to clear organization and management system