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PMI South Asia

Reinventing Business for Transformative Growth

PMI recently partnered with IMA India to conduct an interview- based research exercise to understand how top managers are handling internal business transformation and reinventing their business models. The study ran in-depth interviews with leaders of 10 prominent foreign and Indian multinational companies to ascertain the internal and external changes they are witnessing, the challenges posed by the changes, and how they have responded.

The study aimed to identify the best practices in change management. Besides, it sought to reflect the authentic ‘voice of the CEO’ as it explored the various facets of business process transformation (BPT).

Some of the significant highlights from the study are as follows:

Simplifying business process transformation:
BPT is not just about technology adoption but also a re-thinking of the underlying processes, stakeholder management, cultural change and cross-functionality. There are multiple drivers for BPT, with some important ones being shifting compliance regulations, changes in the broader economy, an evolving competitor landscape, or some combination of these factors. Many companies view business transformation as a route to enhanced productivity and efficiency.

Leveraging digitalization:
In the last two years, many companies have entirely or substantially reworked their businesses around a new, digital- centric future. Digital transformation must align with a company’s internal processes and business models. It can effectively eliminate any flawed or superfluous processes. Digitalization is deeply inter-linked with improvement in processes, workflows, and factory automation. Organizations that had already started digitalising generally fared better than their peers in the crisis.

Reinventing leadership:
‘Agility’ was the one word used by most top managers to describe today’s leadership imperative. Nimble and agile leadership is the need of the hour in an uncertain and fast-changing environment. Leaders must over-communicate to reduce misinformation, practise over-management without resorting to micro-management, adopt a control tower mindset to create robust review processes, decentralize power and decision making, and invest in upskilling employees.

Enabling the workforce:
One important aspect of internal transformation is the ability to evolve and fully enable and empower the workforce. Companies seek employees who have a learning mindset, a willingness to admit to failure and learn from it, and a strong team approach. With a flexible working environment becoming common, it is prudent to shift to outcome-based productivity measurement metrics. It is critical to upskill and reskill the existing workforce to drive collaboration and productivity in a hybrid environment. Companies are increasingly adopting a culture of continuous learning and training as a part of the business transformation journey.

IMA is a niche economic, business and market research firm that provides insights and analysis to top management audiences in India through multiple channels.

Read the full report here.

Insights from Leaders - How PMI Certifications Can Up-Level Your Career

How relevant are PMI certifications in today’s project climate and what benefits can project practitioners expect from them? PMI South Asia reached out to senior professionals with different PMI certifications to find the answers.

They shared their perspectives and insights into how PMI certifications have helped them stay on top of their game in terms of industry best practices, tools, and business trends; given them an edge in their career; and bolstered organizational growth.


Chief Operating Officer, Sankalp Construction Pvt. Ltd.

L. Shri Harsha believes that professionals with the Program Management Professional (PgMP)® certification are more adept at optimizing resource utilization and maximizing results. He shares important tips with PgMP aspirants and how program managers can acquire the necessary skills to move to the next role effortlessly. He lists out a number of important power skills for program managers.


Head of Program Management, Quality and Tools – India Software Center Nexteer Automotive

Krishna Mohan believes that program management will be more relevant in the post-pandemic era and enable practitioners to adapt to new ways of working or practices, which are usually outside their comfort zone. With the PgMP certification, program managers can become more valuable to their organizations. He points out the key challenges that program managers must navigate and how they can become valuable members of their organizations.


Director – Sourcing and Analytics, Nordex Group

Neelam Pathak discusses the key challenges that she has faced as a project manager in the manufacturing industry. She highlights the key capabilities needed to drive successful outcomes in project management. Get insights from her on how the Project Management Professional (PMP)® certification makes you more adept at managing projects than a non-certified professional.


GDC Engagement Head for Americas Region, Teradata

Nikesh Mirchandani talks about the challenges that he has faced as a program manager – from establishing a strong program governance model to stakeholder engagement and handling program issues. He says that PgMP is one of the fastest growing certifications in the project management space. Find out what he has to say about the top skills that organizations expect from their program managers.


Director (HR), Western Coalfields, Coal India Ltd.

Sanjay Kumar picks examples from his personal experiences to highlight some of the key challenges that project professionals face, such as delays in statutory clearances, changes in project scope and specifications, and changes in civil and structural designs. He also advises project managers to be clued into another key external factor-socio-political aspect that can cause a hindrance to effective project management.


General Manager, Product Development, Mahindra Truck and Bus Division

Vivek Sonar talks about how the PMI Risk Management Professional (PMI-RMP)® certification can help the project team and organization in managing uncertainties in a scientific manner. He suggests that project professionals must opt for the PMI-RMP certification and develop a new mindset to embrace risk and stop taking things forgranted professional.


Ex-Faculty, Institute of Project Management, L&T and Project Management Professional Coach

Umesh Metar explains why building a good relationship with clients and stakeholders is crucial in project management. He highlights the top skills a program manager must have to lead a project and the reasons behind a growing interest in PMI certifications in today’s project environment. He talks about the value a certified practitioner delivers.

To know more what the industry leaders have to share, go here.