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| Accident Fund Wins National “PMO of the Year” Award |
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The Accident Fund Insurance Company of America’s Innovation
& Planning Department has been named the “2008 PMO of the
Year” by the Center for Business Practices (CPB).
The award, which will be presented at a June ceremony in
Scottsdale, Ariz., is given annually to a Project Management
Office (PMO) that has demonstrated excellence and innovation
in developing and maturing processes, people, and technology
to support the effective management of projects.
According to CBP Director Jim Pennypacker, Accident Fund’s
submission—produced by Innovation and Planning Department
team members Randy Cornell, Marsha Fenton and Manny
Rosales—“stood out as the very best” among strong
competition that included finalists CPS Energy, Hewitt
Associates, the National Council on Compensation Insurance,
and R.L. Polk & Co.
Established nine years ago, Accident Fund’s Project
Management Office was originally created within the
company’s Information Systems Department. It has since
evolved into an independent unit that is dedicated to the
implementation of the strategic initiatives for the company.
The Innovation and Planning PMO is led by Director Norm
Buckwalter.
“There’s a real camaraderie across departments at Accident
Fund¬—a feeling that together we can accomplish almost
anything,” says Buckwalter. “Our role is to ensure that new
business projects for Accident Fund are nurtured from
initial research to successful development, and in alignment
with the executive team’s strategic vision.”
“We focus on projects that are essential to achieving the
plan, span multiple departments and companies, and provide
the biggest business benefit to the overall organization.”
One unique aspect of the department was the establishment of
a Vendor Management Office to better work with the many
vendors and leverage costs and contracts more effectively
across Accident Fund and its subsidiaries. By integrating
the vendors and suppliers into the overall strategic
planning process —and exploring new sourcing
opportunities—it strengthened vendor relationships and
created a means for reducing the overall costs to the
company.
“Two things make our PMO unique,” says Buckwalter. “First is
the creativity and diversity of skills among our team
members, which are needed for the varying types of projects
we take on. Second is the close synchronization of project
execution with the broader five-year strategic planning
cycle. There’s a clear line of sight from the strategic
vision set by the executive team right through to the
execution of projects to realize that vision.”
The CPB, based in Glen Mills, Pa., serves as a knowledge
center for its stakeholders by capturing, organizing, and
transferring business-practice knowledge to help them excel
in a rapidly changing business environment. Among other
factors, submissions for “PMO of the Year” awards are judged
on structure, metrics, best practices, as well as how a PMO
differentiates itself from other organizations.
Headquartered in Lansing, Michigan, Accident Fund is the
10th largest writer of workers compensation insurers in the
country. Founded in 1912, Accident Fund is rated “A”
(Excellent) by A.M. Best and is a wholly owned subsidiary of
Blue Cross Blue Shield of Michigan. Accident Fund has four
workers compensation subsidiaries: Accident Fund National
Insurance Company, Accident Fund General Insurance Company,
United Wisconsin Insurance Company and CompWest Insurance
Company. Accident Fund and its subsidiaries operate in 48
states and the District of Columbia. The Company also
provides third party administration services and disability
management. More information can be found at
www.accidentfund.com.
Have Questions? Email
Corporate Communications
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