Brandon Hall - Silver

2021 Brandon Hall Silver

Excellence in Leadership Development Award

Best Learning Program Supporting a Change Transformation Business Strategy

The world is changing, and fast. How might we equip our leaders to understand, adapt to, and embrace change?

The Business Acumen for Project Leaders was developed for Parexel several years ago. Recently, many significant changes (not the least off which include COVID-19) called for a redesign of this highly successful program. 

Grounded in the belief that finance and operations need to work as partners, the program provides financial fundamentals to people who come primarily from a medical background and conversely, provides project fundamentals to people who come from a financial background. Designed with close collaboration between experts at Insight Experience and Parexel, the virtual program includes instructor-led workshops, reflection and application activities, and simulation decision making.

Finance and Operational employees attend together to boost cross-functional understanding and collaboration. Notable outcomes include improved decision and financial awareness by leaders, and increased collaboration between Finance and Operations. As this program has rolled out across the organization, cashflow, revenue, and profitability continue to trend upward.


Brandon Hall - Silver

Excellence in Leadership Development

An Insight Experience Business Acumen program received a Silver medal from the Brandon Hall Group for Excellence in Leadership Development. Learn more about our Business Acumen programs. 

 

Target Audience

Project Leaders

Desired Outcomes 

  • Accelerate the response of leaders to the rapid and ongoing change
  • Reinforce and clarify new culture and business structure 
  • Improve business financials by strengthening the business acumen of project leaders
  • Deepen understanding of the impact daily operating decisions have on financial health of projects and the organization 
  • Strengthen collaboration and empathy between groups of functional leaders

Logistics 

  • 3-day virtual program  
  • 750+ participants
  • Instructor-led workshops & cross-functional collaboration
  • Experiential learning by business simulation