CIO Forum 360 Value Creation through IT Professional Certification Recognition Based CPIT(Project Manager) Nov 25, 2014

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1 CIO Forum 360 Value Creation through IT Professional Certification Recognition Based CPIT(Project Manager) Nov 25, 2014 Rossana Ho President, PMI Hong Kong Chapter General Manager, Cloud Business, Hewlett Packard Asia Pacific (HK)

2 Agenda Introduction of PMI HK Chapter Looking back and into the Future Supply & Demand Realities of doing business in 2014 Recognition-Based Process CPIT Project Manager Benefits for individuals and Employers

3 It s the 17 th year of PMI in Hong Kong 1331 Chapter Members 5167 Certified PMP in HK 5 founding members

4 We have plenty to be proud of in Thank You Party Monthly Seminars Training courses 2014 Annual General Meeting Attendance at overseas PMI Congresses 2014 PMI HK Congress

5 Looking forward PMIHK s focus of ?

6 : Our Top 3 Focuses Develop PMs in young generations Therefore the theme of our 2013 congress sustainability and innovation

7 PM practice should be applicable in all industries Top 10 industries PMIHK members come from (as of Nov 2013) Financial Services Information Technology Telecommunications 49 Transportation / Logistics Engineering 67 Consulting Government Consumer Products / Retail 95 Education 278 Real Estate / Properties 60% of the PMIHK members are from IT and Financial Services!!

8 Agenda Introduction of PMI HK Chapter Looking back and into the Future Supply & Demand Realities of doing business in 2014 Recognition-Based Process CPIT Project Manager Benefits for individuals and Employers

9 Journey back in time The last 15 years The world was preparing for the worst for they2k bug, in which there were dire predictions of disaster due to computers and computer networks malfunctioning during the transition to Jan 1, 2000 Prosperity Despair In 1999, a common currency called Euro was introduced as a common currency for European countries. Today this comprises of 18 member states and some 330+ million users making it the 2 nd most traded currency after USD

10 Key Observations & Realities (Now & Then) Technology Connectivity everywhere & anytime Explosive Data growth Globalisation International outlook & approach Local understanding Complexity Business, Economic, Social, Cultural Shifting Customer demands & sentiments Strategy Innovation & Sustainability Excellence in execution is a necessity Leadership (Talent Triangle) Strategic & Business Management + Technical + Leadership skills

11 In 2020 a look into the future Tokyo 2020 will deliver dynamic celebration and global inspiration. It will unite the power of the Olympic & Paralympic Games with the unique values of the Japanese People and the excitement of a city that sets global trends. Dubai 2020 will be held under the theme of Connecting Minds, Creating the Future. First time for World Expo to be staged in middle East. Brings together nations, international organisations and businesses. Expected to attract 25 million visitors Asia is tipped to be the world s fastest growing region between now and Until the end of the present decade alone, the region is forecast to grow at a rate of around 7% per year A ground-breaking EUR70B program aimed at shaping the future of scientific endeavour in Euopean Union, includes key pillars of Excellent Science, Industrial Leadership & Societal challenges

12 Agenda Introduction of PMI HK Chapter Looking back and into the Future Supply & Demand Realities of doing business in 2014 Recognition-Based Process CPIT Project Manager Benefits for individuals and Employers

13 The Role & State of PM Profession All of the projects slated for 2020 across these multiple industries have one thing in common Their delivery will be underpinned by Project Management Between 2010 & 2020, 15.7 million new PM roles will be created globally across Manufacturing, Business Services, Finance & Insurance, Oil & Gas, IT, construction & Utilities industries Estimated Economic Impact of USD18 Trillion Four out of five organisations are struggling to find qualified candidates for open PM positions Projected new job demand for PM roles by 2020 China 25 million India 8.9 million Japan 2.6 million Brazil 1.3 million Source : Project Management Talent Gap Report, PMI

14 The Role & State of PM Profession ESI 2013 Project Manager Salary & Development Survey, based on data from1800 PM in 12 different industries across US Budget constraints, an aging base of professionals and a looming talent war all contribute to a talent crisis that should be addressed from the highest levels of the organization," "The growing needs of businesses demand a more strategic view of the staffing, development and promotion of their project managers since project execution impacts an organization's bottom line and its ability to satisfy its customers, Mark Bashrum, VP Corporate Marketing, ESI International

15 Agenda Introduction of PMI HK Chapter Looking back and into the Future Supply & Demand Realities of doing business in 2014 Recognition-Based Process CPIT Project Manager Benefits for individuals and Employers

16 Realities of doing business in 2014 Changing world political, social, economic perspective Constant Technological change, increased globalisation Continued focus on leadership, innovation & sustainability Resulting in more & more strategic initiatives & projects Requiring more & more project management professionals Impacted by drastic supply & demand gap Impacted by ageing workforce especially in many Asian countries Impacted by lack of integration & holistic focus on talent management There is a clear need for action to be taken to help meet the demand and to build a more sustainable approach towards the management of PM Talent

17 Ageing Workforce Median Age Comparison Country Total Male Female Year Japan Hong Kong Singapore South Korea Taiwan USA China World Indonesia India Mongolia

18 Rise of Technology

19 Leading through innovation Sustainable innovation - a new innovation paradigm

20 Agenda Introduction of PMI HK Chapter Looking back and into the Future Supply & Demand Realities of doing business in 2014 Recognition-Based Process CPIT Project Manager Benefits for individuals and Employers

21 Recognition-Based Process Specialist Credential : Project Manager PMP certified 5 years IT Project Management experience EDB Qualification Framework ~ Level 5 (Degree) Description of 2 Projects experience in the last 5 years Assessment process: Assessed by 2 PM assessors on paper Interview by phone as appropriate

22 Agenda Introduction of PMI HK Chapter Looking back and into the Future Supply & Demand Realities of doing business in 2014 Recognition-Based Process CPIT Project Manager Benefits for individuals and Employers

23 Benefits to Individuals Recognition of IT professional status Value-add to personal profile Upgrade and update on IT knowledge Distinct and structural roadmap for professional development

24 Benefits to Employers Standard setting for the recruitment of IT professionals Better assurance of IT staff s professional competence with relevant capability, knowledge & skills Strengthen the IT resource pool with recognized certified professional Continuous update and upgrade on IT staff s knowledge through recertification and additional certification

25 Thank You

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