Effective resource allocation is crucial for achieving organizational goals and optimizing project success. This presentation explores the strategic alignment of portfolio intent with resource allocation, emphasizing the importance of ensuring coherence between company objectives and resource distribution. By leveraging data analysis and forecasting techniques, organizations can make informed decisions to balance resource demand and capacity, thereby enhancing operational efficiency and effectiveness. Case studies and real-world examples will illustrate the positive impact of linking portfolio intent to resource deployment, showcasing how this alignment fosters project success and drives overall business growth.

Common challenges in capacity management systems involve maintaining real-time demand data while also dealing with the differing structures and needs of each function in the R&D value chain. This presentation highlights a solution that leverages an existing project and portfolio management system and layers in the resource structure in a flexible and sustainable manner, and putting real-time resource and capacity management analyses in the hands of each functional leader.

It is well-documented that in-licensed drug projects have higher likelihood of approval than projects developed internally in the biopharmaceutical industry. Using a granular dataset, we show that this result holds when controlling for possible sources of heterogeneity across drug projects. Next, we posit and show that the success rate difference is partly driven by agency problems within companies. Namely, internal R&D teams may bring forward less promising drug projects due to monetary and career incentives. We also show that this mechanism is distinct and coexists with selection effects and contractual inflexibility mechanisms proposed in previous literature.

In early 2024 SMPA announced a major organizational restructuring including, a rationalization of workforce along with major changes to our biggest partnership. The Global Corporate Strategy team needed to develop new processes that track key strategic metrics across the finance, resource, and milestones spaces. This presentation will show our team's approach to this opportunity, along with a strategy to implement results.

This session will delve into strategies to maximize organizational efficiency through internal collaboration, strategic external partnerships, and regional considerations. Discover insights, case studies, and decision frameworks essential for executives navigating complex resource allocation challenges. Join us to unlock the potential of your resource management endeavors.