Program Management: A new Australian renaissance- and a critical element of our economy and security
It could be argued that Australia is about to undergo a renaissance in Program Management over the coming period, thanks to the significant expansion in funding for complex Australian defence programs that will be implemented in this country over that time period.
We are witness to an unprecedented growth in multi-billion dollar complex defence programs with over $200B AUD to be spent over the coming decade. Coupled with the Australian Government’s policy of maximising Australian capability, much of this will be implemented locally here in Australia, by necessity through program teams lead by local Australian program managers.
To be successful Australia needs to attract and develop top program managers into defence industry to lead these programs. Australia is already facing a skills shortage across the defence sector, not the least of which is in regard to the available talent pool of experienced program managers. It is not too big a stretch to say that that the future of Australia’s national security capabilities will largely rely upon our nation finding and developing this talent.
So, this represents a significant challenge for our nation, one that we must meet if we are to be successful in delivering the increasingly complex programs that our national security services require to keep our nation secure in an increasingly unstable region of the world.
This also represents an incredible opportunity for our profession of program management, one that could be argued represents a true renaissance in program management in this country. A renaissance that will generate hundreds of highly skilled and demanding jobs in program management that will be the foundation of a rejuvenated local defence industry and the beginning of our new advanced manufacturing economy. And as we transition in capability from other industries, the opportunity to leverage new ways of working, incorporating leading practices and diversity of thought from the breadth of Australian industry, we enhance the project management profession, our domestic talent pool, and deliver exciting capabilities and platforms in defence of our nation.
So what is to be done? How do meet this imperative?
This presentation will discuss;
- The magnitude and attributes of the opportunity in front of the profession
- Industry’s role in growing the talent pool
- The benefits of diversity in meeting this need
- Generating pipelines of talent through institutions such as PMI
- Why performance is critical to the industry’s future
- The flow over from capability in defence to broader industry program roles
- Benefits to the individual PM