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PMINJ 2019 Dec Life Sci

03 Dec 2019 - Edison - Pines Manor
6:00 pm to 9:00 pm

Presentation Slides

       


Healthcare Innovation and Beyond – The Impact of PMINJ’s First International Life Sciences Collaboration


By Life Sciences LCI Core Team members Claudia Campbell-Matland, Dave Dalessandro and Haresh Keshwani

In June 2019, PMINJ placed its focus on members who work in the life sciences industry – pharma, biotech, devices and healthcare. Our ensuing Life Sciences LCI hosted its first stand-alone event on December 3, 2019: “Beyond Pills and Devices: Driving Healthcare Innovation by Embracing Project Management.”  Our evening quickly sold out due to our world-renowned project management guest speaker - John McGrath - from the Technological University Dublin, Ireland.  In his consulting work as a global Project Management Advisor, John has helped over 250 companies, government and other international enterprises improve their strategic and project management processes. During his engagement, John seamlessly wove together trends and challenges with humor and insight as to how life science project managers can ready ourselves to lead in and be strategic contributors to the impending digital transformation in healthcare.

Grabbing attention with, “People are living longer than ever before thanks to advances in healthcare, but organizations are dying faster than ever,” John drove home for all that healthcare organizations and its project managers need to embrace the reality that healthcare will change - more in the next 10 years than it has in the last 20 – with this to be driven in large part through digital technologies.

Some information John cites:
  • Healthcare companies fail to fully integrate digital.
    • 70% of digital healthcare projects fail to deliver their expected value.
    • 95% of collected data is not used in meaningful ways.
  • Digital megatrends such as Big Data, AI (artificial intelligence), IOT (internet of things) are shaping healthcare and our broader society.
    • Big Data will transition to “Fast Data” to be better utilized in healthcare.
    • wearables will transition to clothing with embedded sensors analyzing real-time biometrics.
    • digital will not supplant clinicians, but instead provide information that enhances their expertise and ability to care for patients.
He further convinced us to look at current events - AI is being used to track and model patient data to support the world’s response to the novel coronavirus (COVID-19) outbreak, with Google and other digital giants participating. Those tasked with managing response efforts at healthcare companies, hospitals and beyond are leading their teams to integrate outcomes from AI data analyses, and are likely using digital tools to manage these rapidly-evolving projects to accurately deliver mission-critical outcomes.  

Why should project managers in life sciences care about all this?  It is because we will soon be expected to embrace digital – with enough acumen to be able to manage its integration in our project outcomes as well as apply it through PM tools.  John’s lesson learned - healthcare organizations must seek agility to deliver before the competition - the value differentiator is how the organization delivers to its customers and market.

John further defines Project Management as the how:
  • Anyone can start a project – project managers are finishers ensuring the outcome delivers value.
  • Project managers drive innovation – a strategic exercise, too often considered “operational”.
  • Healthcare organizations are looking for project managers that can lead and drive change.
    • Many organizations don’t understand project management, but will perk up when they hear change management.  The two are symbiotic - they both focus on people.
    • To be project managers that drive change and strategy, the traditional triple constraints of scope, cost and time must transition to triple constraints 4.0 of change, innovation and continuous improvement (surrounding creative people and projects).
The rapidity of change puts new demands on life science project managers – organizational needs may advance faster than our skill sets.  John challenged us to understand how we need to evolve, using any and all opportunities to educate ourselves on digital at a high level:
  • Healthcare is moving from knowledge scarcity to knowledge abundance, so the essence of project management isn’t what you know but what you can do with what you know.  We need to be ready to solve the new, massive problems.
  • Doing Agile is a straightforward process to a destination; Being Agile is the journey.  We need to develop a mindset of creative growth and continuous improvement.
  • The most important skill in both healthcare and project management is emotional intelligence (EQ) - self-awareness, internal motivation, social skills, self-regulation, empathy.  Many think they have EQ completely covered.
Using himself as an example, John demonstrated we may not have it all (EQ), so we need to honestly evaluate what needs improvement.  The future will be collaborative intelligence (AI with human).  

What followed the presentation was a lively panel discussion with John - including Life Science LCI members Dave Dalessandro, Charles Rosen, Marion McGlynn and representatives from our event sponsors - Peniel Ortega of PharmAllies, Darragh Cunningham of Cora Systems, Michael Milutis of CAI and Venkatesan Muthukrishnan of HCL – as they further discussed the evening’s topics and how we can better ready ourselves for the oncoming future.  

John’s great surprise for the evening – copies of his PMO Roadshow magazine – Ireland’s first project management print and digital magazine – given out to all our attendees.  

Audience member feedback for continued collaborations was highly encouraging:

“excellent speaker and panel. enjoyed entire evening w/sponsors. very well done and very interesting for non-pharma PMs”
“Glad to get to know others in the life sciences”
“John McGrath was outstanding and the presentation was sensational!”

In closing, some of our own perspectives:

“The overwhelming response confirmed our belief that there is a real need for a community of learning focused on life sciences in NJ. It also marked the beginning of several relationships with corporate sponsors which will allow the LCI to plan for future events meeting the needs of the PMP community in NJ.”  Dave Dalessandro
“It really brought us together, helping professionals to network, connect and share their experiences. We need such events for us all to be relevant and successful in this marketplace.” Haresh Keshwani
“This event showed our Chapter is on the cutting edge – developing new collaborations to bring today’s emerging life science trends to help us all get ready for tomorrow”.  Claudia Campbell

A recording of the event is available on the PMINJ website on the Member Webinar page (login required). To join the Life Sciences LCI email list and for information on upcoming events, visit the Life Sciences LCI web page.

 

Abstract

Healthcare is undergoing immense change that will affect everyone not just patients and healthcare professionals.

People are living longer BUT organizations are dying quicker than ever before.

You need to acquire the skills toolbox to thrive in a world where disruption, innovation and knowledge overload are the norm.

Fasten your seatbelt and join us for dinner and an interactive night of insight and discussion.

Consider:
  • How Strategic Readiness is underpinned by your project management capabilities
  • How megatrends are shaping society
  • The role of Data, AI and Digital Platforms
  • Do we need both EQQ and IQ?
Volatility, Uncertainty, Complexity, Ambiguity (VUCA)

LEARN: How to adapt to Exponential Change using a Forward Back Strategy

PMINJ goes global with an article regarding the Dec 3 event in Ireland’s first digital PM Magazine – PMO Roadshow (page 38). Click the image to read the article:

road show

View the entire magazine (it takes a while to load).

Speaker - John McGrath

Speaker

Bio:
World renowned project management advisor to over 250 global companies, government and international enterprises, including the United Nations, the London and Rio Paralympics and the World Bank

Knowledge expert in Artificial Intelligence and impact on healthcare

Proven track record in project management education – currently teaches M.SC in PM at TU Dublin, Ireland

 Keynote Speaker / Presenter at over 100 international project management conferences

Events Director for Irish Chapter of PMI,
Irish Ambassador and Global Life Science Lead for the Agile Business Consortium

Publications in academic and industry journals


Register Now

Normal registration: Thru 03 Dec
  • $25.00 - PMINJ Chapter members
  • $40.00 - All Others (including guests of members)
Life Sciences Member incentive - Free attendance by registering 3 or more guests

PDP Information

Program Number: C020-20191203
Beyond Pills and Devices: Embracing Healthcare Innovation Through Project Management
Category: A
Activity Sponsor: PMINJ Chapter (C020)
PDUs: - 2.0
Leadership - 0.5 (C020-20191203-1t)
Strategic - 1.0 (C020-20191203-2)
Technical - 0.5 (C020-20191203-2)

Sponsors

IPM Sponsor

Computer Aid, Inc. (CAI)
1390 Ridgeview Drive
Allentown, PA 18104
610 530-5000

www.compaid.com


 
CAI is a global IT services firm that specializes in balanced outsourcing solutions, legacy support management, application development, IT process consulting, desktop services, and managed staffing services. CAI is currently managing active engagements with over 100 Fortune 1000 companies and government agencies around the world. Our ability to provide on-time and on-budget results has been critical to our success for 30 years, and our unique methodologies and tools enable us to provide our clients with effective techniques for increasing productivity, service delivery, profitability and competitiveness.

Headquartered in PA, with offices and staff throughout the US, Canada, Europe, and the Asia Pacific region, CAI offers a variety of delivery options including on-site, off-site, and blended solutions. Our Solution Delivery Centers are successfully leveraged to enable our global staff of 4,000 technical and managerial professionals to quickly and effectively respond to client requirements.

CAI employs approaches based on standard processes, management by metrics, and an establishment of a culture of continuous improvement to meet and exceed the goals of our clients.

Sponsor

HCL
135 US Highway 202-206
Bedminster, NJ 07921
408-328-7736

www.hcltech.com


 
For close to three decades, HCL has been active in the Americas, working with leading companies and institutions to foster growth and innovation. The result is a vibrant and strong business community, with employees across the region, and a workforce involved in high-end engineering and technology development projects that will shape the future of business.

The cornerstone to HCL’s continuing success is our Mode 1-2-3 strategy for enterprise competitiveness that focus on the core of a business, key growth areas, and future expansion.

HCL also places a premium on our people by cultivating an Employees-First culture. This environment collectively engages, empowers, and encourages employees to develop innovative solutions to operational and customer business challenges.

The HCL approach, business practices, and technological expertise have been recognized by such notable industry groups as IDC, Forrester, ISG, HfS, and the Everest Group.

Sponsor

PharmAllies
641 Boulevard, Unit 816
Kenilworth, NJ 07033
800-260-7432

PharmAllies.com


 
PharmAllies provides consultation services to the regulated industries, with specializations in project management, operational excellence, and quality compliance. Our professionals have the experience and equipment necessary to provide solutions for your QMS implementation, commissioning, decommissioning, computer system validation, and equipment qualification needs.

Our business model relies on project management methodology and Lean Six Sigma tools, coupled with a risk-based engineering approach to deliver successful project implementation.

PharmAllies is committed to keeping a continuous focus on the regulatory environment to provide reliable results for our clients. Our capability in the Life Sciences has helped our clients streamline efficiency, increase productivity, and create risk-based compliant systems.

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