GenSight Enterprise Portfolio Management

At Integra Life Sciences, we leverage GenSight for R&D Portfolio Management, Project Management, Time Tracking and Resource Management. We have rolled out the system to ~350 users across Integra. We leverage GenSight to evaluate and prioritize the right opportunities, establish priority lists and conduct resource demand vs. supply analysis to appropriately staff priority projects. Time Tracking Data is also leveraged to obtain R&D Tax Credit. Financial models of all approved and proposed projects have been integrated into GenSight and we are leveraging the system to balance the portfolio, maximize value, ensure alignment to company strategy and balance between resources required and available.

GenSight Enterprise Portfolio Management is well suited for companies that want to implement top-down portfolio management capability to analyze risk vs. value, prioritize, optimize balance, maximize value and ensure strategic alignment of the global R&D portfolio. It may not be the best fit for companies that want to implement a bottom-up project management capability to track the status of programs and milestones.

GenSight is used by our business unit to manage our full portfolio of projects. We enter detailed project data and use the rolled up reporting to drive KPIs and portfolio planning. This system helps us to easily show the business unit is doing against our objectives.

GenSight Enterprise Portfolio Management is a great tool when you need to collect and control the project data within an organization. The system is useful in almost all cases except when a business is routinely changing (> 1x a year). It can be hard to keep up with the terminology and linkages. In these cases I am not sure of any software that if always useful. The GenSight staff will undoubtedly assist you in building flexibility.