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Defining the IT Roadmap in Life Science - Part III

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           Welcome to part three of this blog series, click here for a link to Part One or here for Part Two . Before beginning a prioritization process, it is essential to align the organization on how decisions will be made. Specifically, on the criteria used to evaluate and rank projects across the organization. The criteria is often derived from both internal and external drivers. Internal drives typically include factors such as financial resources, staff availability, pending transformations (e.g. M&As). I also advise looking carefully at the organization's ability to adsorb additional change. External drivers typical involve customer commitments, market conditions, evolving threats and opportunities, and possibly regulatory requirements. Step 4: Managing the Portfolio - Managing the Project List With your criteria in hand, a weighted project list can now be developed. A sample is show below. It lists each project (which is in support of a capability). In this

Defining the IT Roadmap in Life Science - Part II

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Welcome to part two of this blog series, click here for a link to Part One . Step 1: Defining the Core Capabilities As noted in the last entry, an organization’s core capability can be viewed as those things an organization does particularly well to drive meaningful business results. Examples can range from talent management, lean manufacturing, customer care, research or product design. For pharmaceuticals, some specific examples could be pipeline management, study design, regulatory management including submissions, responses, and related matters, as well as drug discovery. If you do not already have an organizational capability map, you need to begin by meeting with each business area. From those discussions, you can collaboratively develop a capabilities list for that area. That list will need to be filtered and sorted into priority order. The output from this, as well as discussions with other areas, will then need to be consolidated into a single list. Step 2: Enumerat