Case Study

Building organization wide Strategy Execution Capability for a Life Insurer

Industry: Life Insurance
Focus: Deploy a Business driven Program and project execution for a strategic portfolio

Need:

The organization is joint venture between an European Insurance organization with one the largest business house in India.  The organization was undergoing a major transformation aligning itself to the changing market dynamic post the economic recession of 2008.  Armed with a strategic portfolio, the organization need to build a culture and value discipline aligned to execution excellence of the strategy objectives:

Solution/Service:

i2m conducted a detailed assessment of the Strategy execution excellence to identify the potential alignment issues across the first 3 level of management within the organization.  Along with the current implementation practices were reviewed, assessed and audited, setting the benchmark to measure improvements.  The complete scope of work included the following:

• Project Portfolio Review, Analysis and Governance Process Definition
• Program Management Office Definition and Implementation Plan
• Program and Project Management Process Definition and Templates Customization
• PM tool implementation support
• Program and Project Plan Development Facilitation for 3 priority programs and projects
• Sr. Mgmt custom intervention and workshop for “Sponsorship and governance process alignment”
• PMO Support Staff Deployment for process mentoring, portfolio level reporting, analytics and governance process support
• Capability, Learning and Development and certification program for program managers as well as project managers

I2m expertise in aligning the execution capability to the organization environment as well as sensitivity to local culture facilitate the client to achieve the above in 4 months with visibility into portfolio and program level performance within the first 2 months itself.