Challenge: A top 10 pharmaceutical company had grown substantially through M&A and faced competing priorities for functional resources from various therapeutic areas. The company had no common way of understanding how resources should be allocated, with a lack of visibility into resource needs in a long run, and availability of capacity.
Approach: Set up a small tiger team to establish common framework and approach across R&D and selected and implemented a common tool to forecast resource needs. We then engaged with all 20+ R&D functions to roll out the Resource Management (RM) capabilities and broaden awareness; co-developed resource algorithms owned by SMEs. Established a Network of RM representatives within functions to embed RM acumen across the organization, scale the capabilities and drive continuous improvements.
Impact: Our approach established a long-term functional ownership model, and network of RM owners.
(1) RM capability and roles established across the enterprise.
(2) Ability to proactively anticipate and address resource gaps, understand and improve productivity, and perform scenario planning for business development, modeling failure modes and optimizing the portfolio.
