Transforming Business with Program Management: Integrating Strategy, People, Process, Technology, Structure, and Measurement, 1st Edition (Hardback) book cover

Transforming Business with Program Management

Integrating Strategy, People, Process, Technology, Structure, and Measurement, 1st Edition

By Satish P. Subramanian

Auerbach Publications

258 pages | 42 Color Illus. | 19 B/W Illus.

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Hardback: 9781466590991
pub: 2015-03-18
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Description

Organizations need to constantly innovate and improve products and services to maintain a strong competitive position in the market place. The vehicle used by organizations for such constant reinvention is a business transformation program. This book illustrates a tested program management roadmap along with the supporting comprehensive frameworks to successfully execute business transformation programs, formulated strategies, and strategic initiatives. It outlines the steps to successfully transform any business and deliver tangible business outcomes.

This breakthrough work establishes the linkage between strategy formulation and strategy execution through the program management discipline. It depicts how program management integrates strategy, people, process, technology, structure, and measurement on cross-functional initiatives. The author details the processes, techniques, and tools that a program management team can customize and easily implement on any type of strategic initiative within the private or public sector environment to deliver and sustain the expected business outcomes and benefits.

This book discusses the ten mandatory steps (or roadmap) needed to lead complex, business transformation programs to success. It showcases program management best practices and lessons learned though real-world case studies spanning different industry sectors and functional domains. Transforming Business with Program Management will equip executives, general managers, and program managers with the core skills necessary to effectively plan and implement business transformation strategies that drive sweeping business change and innovation.

Reviews

"I am confident you will find this book to be a very helpful resource as you manage business transformation and change programs."

— Thomas H. Davenport, Professor, Babson College and Digital Fellow, MIT

"Satish offers a practical guidebook that balances both the art and science of program management—regardless of what industry you are in. It has the credibility that only comes from someone who has been there. Well done!"

— F. Warren McFarlan, Baker Foundation Professor, Harvard Business School

"This book is a must read for those involved with large-scale transformation programs… and today, that's most everyone, including senior executives. It seems like every company faces a major transformation every few years, driven by the ever-increasing pace of change and new competitive pressures caused by mega-trends such as digitization and globalization. Running these transformation programs well is a competitive advantage in itself, and Satish's book is a comprehensive yet pragmatic view of how to make these transformation programs successful."

— Romil Bahl, Executive Vice President and General Manager, Global Industries, CSC

"Satish does an excellent job of telling readers how program management can help transform companies. As the primary research analyst in the design of the 60 points of transformational leadership, I instantly recognized the credibility of how Satish details the importance of people and talent in his six principles of transformational program management. It was a pleasure to read a book written by a true expert and peer who supports many of the theories we have found to be accurate in the years of research we have done at CTPartners and Transformational Labs on the relationship between transformational talent and business transformation. Satish simplifies what many of us embrace as a complex task of assembling the right talent required for effective transformational program management. Certainly a must read for anyone wanting to grasp an in- depth knowledge of this topic or tasked with the implementation of program management that has the ability to transform thinking and results."

— Jeff Christian, CEO and Founder, Transformational Lab and Former CEO and Founder, CTPartners (Formerly Christian & Timbers)

"Satish has introduced a pragmatic approach which is long overdue in the transformation business. He obviously has been involved in a number of successes and failures which only makes his insights richer and more meaningful. If you have not driven transformation at this level, then this book is your primer—if you have, then this will serve to help up your game next time around."

— Jim Caruso, Executive Vice President, World Wide Services, EIS Group

"This book serves as an excellent resource for program, project, portfolio, and change managers, providing detailed coverage of 15 techniques that need to be applied to drive large-scale programs and projects to success. Satish follows a clear and distinct path—each chapter unfolds with precision and delivers tangible tools and steps to implement. If you appreciate clarity, Satish has written this book for you. Reference the roadmap in his book for managing strategic initiatives, cross-functional programs, and complex projects, and learn from a senior practitioner who has been there, done that…and written about it!"

— Bill Yates, Executive Vice President, Velociteach

"This is a genuinely new and exciting look at program management. It takes the professional discipline of program management and demonstrates its practical value in the context of a complex transformation environment. A 'must read' for the C-suite!"

— Global Portfolio and Program Management Leader, Big Four Consulting Firm

"Managing a large, complex portfolio of critically important programs and projects has never been easy. Yet the skills required have never been more important as businesses everywhere work to constantly reinvent themselves in response to rapidly changing global markets. Without a comprehensive framework to guide the program manager, the accumulated bodies of knowledge available will often overwhelm rather than help ensure success. In Transforming Business with Program Management, Satish Subramanian brings just the right blend of academic rigor, logic, and a practitioner’s pragmatic approach to the description of such an essential framework. Covering all the necessary aspects—strategic, procedural, technical, and human factors—Satish sets out to describe and organize all the things a program manager must ensure happen to deliver transformational results, providing a valuable handbook for anyone setting out to manage transformational change."

— John Parkinson, Chairman and Managing Director, Parkwood Advisors

"This book provides a clear roadmap for business organizations to successfully implement the kind of sophisticated and integrated transformation so often needed in today’s fast-changing global economy. It is well researched, providing a wealth of conceptual knowledge and case studies and it provides a concrete framework for the hardest part of strategic market adaptation—getting the execution right. I urge business leaders to read it now, before the competition does."

— Dr. Charles Maxey, PhD. Founding Dean, California Lutheran University of School of Management Co-Director, Center for Leadership & Values and Fellow, Center for Economic Forecasting & Research California Lutheran University

"Satish Subramanian’s book is a must-read for anyone planning a new, or struggling with a current, complex business-critical initiative. The book is highly structured, easy to read, and provides valuable models, processes, techniques, and tools for managing large-scale programs. Satish’s insights and methods are then described in real-world situations through numerous case studies. The book is not only a practical roadmap for practitioners to successfully deliver the expected business outcomes, but it is also a comprehensive textbook for learning about program, project, and organization change management. Everyone in the business and educational sectors would benefit from reading this book and taking Satish’s insights to heart."

— Sam Doying, Sales Executive, Big Four Consulting and High Tech Industry

"Effecting transformational change in any organization comes down to the successful coordination of many discrete yet related strategic initiatives. This book provides a powerful template for success in business transformation and program management."

— Tim Z. Dilley, Cloud Computing Consulting Executive

"Satish provides observations, evidence, and instructions on program management objectives across business transformation efforts. Using the disciplined approach described in this book will increase the odds of success for strategic change management. Each sentence is packed with content that deserves the reader’s thoughtful analysis in customizing the approach to achieve the program’s objectives. Leaders are the catalyst for change and, by using the techniques in this book to engage company employees, the organization becomes the agents of change. I’ve known Satish for almost 20 years and have seen him use the principles in this book to help companies in a variety of complex strategic initiatives—from merger acquisition integration, to systems implementation, to operational change, and regulatory compliance. The book’s recipes are not just a how-to checklist; rather the book provides a framework to replicate the success Satish has proven in his life’s work. I love the way Satish provides information to guide PMOs and manage change and recommend this book to anyone involved in a transformation program."

— Partner and Executive Consultant, Big Four Professional Services Firm

Table of Contents

Executive Overview

Book Overview

Road Map to Make a Business Transformation Program Successful

Competitive Advantage and Program Management Framework

Key Techniques to Facilitate Successful Business Transformation

Chapter Synopses (Chapters 2-12)

Transformation Program Management Closes the Business Outcome Gap

Transformation Program Realizes Business Benefits

Clarification on Benefits Realization Terminology

Business Transformation and Program Management Life Cycle

Summary

References

Success Starts Upfront: Describe the Problem Accurately

Program Management Operating Model

Program Management Tool Kit

Environment Scanning Technique

Description of Business Problem

Voice of Customer Technique

Definition of Business Outcome

Definition of Benefits Realization

Program Charter

Case Study: Software Licensing Transformation Program

Summary

References

Articulate the Program Vision and Objectives

Formulation of Business Strategy

Business Transformation Drivers

Implementation of Business Strategy

Comparing the Program Management Life Cycle to the PMI Standard for Program Management

Strategic Alignment Technique

Business Performance Calibration Technique

Strategic Imperatives Architect Programs

Benefits Realization Strategy

Benefits Realization Life Cycle

Case Study: Transformation Program to Redesign Process and Technology

Summary

References

Secure Cross Functional Executive Sponsorship

Sponsorship of Business Transformation Program

Multilevel Program Sponsorship Model

Program Value Justification Technique

Upward Management of Program Sponsors

Sponsorship of Program Outcome Delivery and Benefits Realization

Case Study: Program to Transform Procurement Function via Outsourcing

Summary

References

Develop and Implement a Governance Model

Governance Modeling Technique

Program Communication and Escalation Protocol

Program Governance: Bodies, Responsibilities, and Rhythm

Program Accountability

Governance Policy Design Technique

Program Governance

Governance of Benefits Realization

Case Study: Transformation Program for Postmerger Integration

Summary

References

Define Success, Outcomes, and Key Value Indicators

Performance Improvement Measurement Technique

Positioning Transformation Program to Deliver Business Outcomes

Business Outcome Modeling Technique

Case Study: Selection Program for Enterprise System

Summary

References

Invest in Planning and Creating an Integrated Approach

Program Architecture Technique

Program Architecture Drives Program Management Life Cycle

Organization Change Management Technique

Organization Change Readiness

Transformation Program Planning Technique

Benefits Realization Planning

Case Study: Business Transformation Program to Launch a New Product

Summary

References

Drive Strong Partnership and Stakeholder Engagement

Stakeholder Expectation Management Technique

Stakeholder Assessment

Stakeholder Engagement Strategy

Stakeholder Engagement: Planning, Executing, and Monitoring

Stakeholder Engagement through Communications Vehicle

Stakeholder Engagement through Training Vehicle

Stakeholder Engagement Through Coaching Vehicle

Business Outcome Delivery Enabler

Case Study: Transformation of Policy Servicing Function at Enterprise Level

Summary

References

Provide Leadership Across All Levels

Multilevel Program Leadership Model

Multidimensional Program Leadership Model

Program Leadership and Risk Mitigation

Transformation Program Leadership

Leadership of Program Management Processes

Program Leadership vs. Program Management

Balancing Program Leadership and Program Management

Program Leadership through Office of Business Transformation

Drivers for the Office of Business Transformation

Significance of Leadership in Program Communications

Benefits Realization Leadership

Case Study: Business Transformation Initiative on Privacy and Compliance

Summary

References

Monitor Aggressively and Have Contingencies

Monitoring Status of Transformation Program

Program Monitoring: Key Criteria

Transformation Program Status Dashboard

Tracking and Reporting Project Performance

Monitoring Transformation Program

Enabling Continuous Improvement

Contingency Strategy and Contingency Planning

Monitoring Benefits Realization

Case Study: Program to Manage Transformation of Business Processes

Summary

References

Create and Implement an Operations Transition Plan

Operations Transition Framework

Transition Model Development

Training the Operations Team

Transition Model Execution

Value Enhancement Analysis Technique

Transition Model Operationalization

Walk-Through Technique

Leading Lessons Learned from Walk-Throughs

Business Outcome Delivery and Sustainment

Case Study: Strategic Initiative to Get and Stay Compliant with Government Regulations

Summary

References

Executive Summary

Road Map for Transformation (or Strategic Initiative) Success

Summaries of Chapters 2-11

Revisitation of Main Points

Key Takeaways on Program Management

Conclusion

References

Vocabulary

About the Author

Satish P. Subramanian is a Principal at M Squared Consulting, which is a SolomonEdwards company. His 25 plus years of management and technology consulting leadership experience has resulted in tangible value creation for F500 and global companies in the health care, financial services, high tech, and manufacturing industry sectors. He has advised companies on their business transformation initiatives, guided them on operational optimization, driven strategic change to realize vision, executed strategic programs, and delivered sustainable results. He has built the business transformation and program management capabilities of organizations.

Satish has held executive-level positions at Ernst & Young, Infosys, Point B, and Cambridge Technology Partners. He developed his deep expertise through his hands-on consulting engagements, line role at a South Asian manufacturing conglomerate, and thought leadership in the form of authoring, speaking, and training. He is an Adjunct Instructor at Global Knowledge, a global company providing learning solutions and training services to companies. He holds a BS in Industrial Engineering and MBA (Sales and Marketing) from the University of Mumbai and an MBA (Management Information Systems) from California Lutheran University. He is Program Management and Project Management certified by the Project Management Institute and Change Management certified by Prosci. He invites you to share your thoughts on his book. He can be reached either at satishps@outlook.com or http://www.linkedin.com/in/satishsubramanian.

About the Series

Best Practices in Portfolio, Program, and Project Management

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS101000
BUSINESS & ECONOMICS / Project Management
COM032000
COMPUTERS / Information Technology
REF027000
REFERENCE / Yearbooks & Annuals
TEC009000
TECHNOLOGY & ENGINEERING / Engineering (General)