Case Study: Strategic Alignment via EPMO & Gates Foundation Impact

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Added on  2023/06/15

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Case Study
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This case study explores the impact of the Bill and Melinda Gates Foundation on global health and human development, highlighting the need for integrating surgical care into their initiatives. It also delves into the role of an Enterprise Project Management Office (EPMO) in ensuring strategic alignment within organizations, emphasizing the importance of aligning project goals with company strategy to avoid project failures. The study underscores that an EPMO facilitates better communication, resource allocation, and overall project success by embedding itself at a strategic level within the organization and ensuring all projects support the company's vision and goals. Furthermore, it addresses the significance of strategic alignment in enhancing performance through improved processes and prioritization, ultimately leading to enhanced corporate profitability and successful project management based on time, cost, scope and quality.
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Case study questions
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1.
By combining generous financing, strategic collaborations, and imaginative
leadership, the Bill and Melinda Gates Foundation has made unprecedented contributions to
global health and human development. The Gates Foundation has supported the expansion of
programmes that directly address the fundamental barriers to marginalised communities'
advancement around the world for the past two decades, with a transformative focus on
innovations to combat communicable diseases and ensure maternal and child health. Despite
its broad range of initiatives, the Gates Foundation has yet to expressly promote the growth of
surgical care.
It is more necessary than ever to build excellent and economical capacity for surgery,
obstetrics, and anaesthesia in order to ensure healthy lives and well-being for all. We offer
the Gates Foundation a once-in-a-lifetime chance to apply its revolutionary vision and
programming to the global endeavour to deliver fair, timely, and high-quality surgical care.
2.
An EPMO varies from a standard PMO in that it works with executives at a strategic
level to ensure that projects and portfolio operations are carried out in the best interests of the
company. Many firms have made the move from a standard PMO to an EPMO, and other
newer organisations have started with an EPMO right away. EMPOs provide tangible
advantages, such as increased project, programme, portfolio, and strategic objective
execution rates. Successful businesses understand that investment resources must be
intelligently used, and initiatives must produce tangible, verifiable returns. EPMOs are
critical in assisting firms in identifying and achieving long-term benefits. A project without a
defined aim and reward is akin to driving without knowing where individuals are going.
3.
Every company has its own set of internal rules, procedures, processes, and
influences, all of which affect the PMO or EPMO standards to varying degrees. Of general,
uniformity may not exist inside a typical PMO structure; each of the policies, procedures,
processes, tools, and culture in a PMO may differ significantly from that of the rest of the
organisation. Standardization in such areas should be in line with the overall higher-level
strategic aims within an EPMO. This guarantees that all initiatives completed closely support
the executive group's company-wide purpose, vision, goals, and strategic plan. This saves
time and money by reducing uncertainty and increasing the success rate of all organisational
efforts.
4.
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Because all functions within the EPMO work to support the whole business and its
plans, strategic oversight and governance of the EPMO falls to the executive level.
Communication, reporting, cooperation, technology, compliance, and all other EPMO
operations are designed to benefit the entire firm and its operating requirements. Each
project, programme, and portfolio's governance should be geared toward taking advantage of
company-wide potential while also resolving operational challenges and impediments. To
this purpose, executives and the EPMO should collaborate smoothly and in agreement to
move ahead on all concerns and opportunities related to all programmes and goals.
5.
Misalignment between project goals and company strategy is one of the most
prevalent reasons for project failure. According to the Project Management Institute's "Pulse
of the Profession 2017: Success Rates Rise," organisations that create an enterprise project
management office (EPMO) with the purpose of aligning projects and strategy see 33 percent
fewer project failures. To boost project success rates, organisations are increasingly
embracing the EPMO structure, which involves project, programme, and portfolio managers
in strategic planning meetings from the beginning. Here's everything individual need to know
if the firm is considering creating an EPMO.
6.
Although the structure of each organisation will change based on criteria such as firm
size, industry, complexity, culture, and so on, the EPMO should be at the strategic planning
level, with just an EPMO chief reporting immediately to someone like the chief operating
officer. This enables the EPMO to collaborate and impact the executive team on a strategic
level, and vice versa. While the reporting structure and regions may change from one firm to
the next, the EPMO job must be embedded at a strategic level. It is critical to do thorough
study while establishing business’s EPMO framework. The effective implementation of an
EPMO will require mapping out organization's existing and future needs and goals.
7.
Strategic alignment is a method of ensuring that an organization's structure, resource
allocation, and culture are all in line with its goals. Organizational strategic alignment, in its
most basic form, is the process of aligning a company's strategy with its culture.
Understanding of the larger environment, regulatory challenges, and technological progress
are also necessary for successful outcomes. By improving the operation of processes/systems
as well as the activities of teams and departments, strategic alignment helps to increase
performance. Clear, quantifiable operational objectives that may be connected to
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superordinate goals are important, according to goal-setting theory. This ensures the most
efficient use of resources.
Prioritization
Prioritization is the process of arranging objects or activities in order of their relative
significance. In the context of medical evaluation, it is the determination of the significance
or urgency of activities required to protect the client's or patient's wellbeing.
Sequencing
Template preparation, sequencing and imaging, and data processing are only a few of
the processes used in sequencing technology. The type of data produced by each platform is
determined by the unique mix of specialised protocols that separates one technology from
another.
8.
An EPMO's primary goal is to match all project, programme, and portfolio operations
with the company's overall strategic goals. When initiatives are completed but do not
correspond with the company's overall goals, resources, time, and money are squandered. In
the end, this means lesser corporate performance at a greater price. High-performing
businesses understand this and will only accept projects with a strong business case that
defines the advantages and how each benefit relates to the leadership team's objectives.
EPMOs should re-evaluate projects and programmes when corporate goals change to ensure
they are still aligned with the company's strategy, and not be afraid to terminate initiatives
that no longer correspond with the business.
9.
The concept that a revived interest in environmental management will lead to
enhanced corporate profitability has a lot of traction. Managers in a new green world
could develop a product to utilise less ecologically hazardous or resource-depleting
raw materials, which, if successful, might result in immediate production cost
reductions and inventory savings.
Project management is a talent that all business owners should have. The product or
service that is supplied to the client in all successful enterprises satisfies the
customer's demands in a variety of ways. The service or product is of the required
quality, the costs are in accordance with the consumer's expectations, and the product
or service's timeliness fits the buyer's timeline. Delivering a product/service within
time, cost, scope, and quality standards are the pillars of project management.
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Company owners must be capable of planning, organising, and scoping as well as
analysing, communicating, budgeting, staffing, equipping, implementing, and
delivering.
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