BRM Institute Recognizes Peter Nichol as a 2020 Top Business Relationship Manager (BRM)

Peter B. Nichol was recognized as a 2020 Top BRM on February 9, 2020 by the BRM Institute.

Each year’s Top BRM list is revealed during #BRMWeek in February. BRM Institute’s global BRM community recognizes the top BRMs that have achieved success through their BRM efforts, strengthened the global BRM community and BRM discipline, enriched lives through excellence in BRM within their organizations, and contributed to the community on a local, national, and global level.

The BRM Institute’s global BRM community recognizes the top BRMs that have achieved success through their BRM efforts, strengthened the global BRM community and BRM discipline, enriched lives through excellence in BRM within their organizations, and/or contributed to the community on a local, national, and global level.

The 2020 Top BRM awards were evaluated based on the following major criteria:

Overall Impact:

  • Explain the impact the BRM has contributed to others around the globe!
  • Share the outstanding accomplishments the BRM has delivered
  • Highlight the amazing organizational accomplishments the BRM has delivered including notable contributions, improvements, discoveries, how they have demonstrated the BRM Code of Conduct, etc.

Leading with Purpose:

  • Bring more personal purpose in the workplace.
  • Identify the convergence of the personal and organization purpose to lead towards happier individuals, stronger relationships and durable communities.
  • Demonstrate how the BRM satisfied their personal or organizational purpose through their work.

Delivering Value:

  • Articulate the value delivered by the BRM engagement
  • Quantify the value realized through BRM organizational empowerment
  • Explain the impact of the value delivered through the BRM’s efforts.

Peter Nichol is a highly respected BRM as the Director, Research and Development, IT Portfolio Management, at Regeneron Pharmaceuticals, a biotechnology company with a market capitalization of $40 billion.

As a BRMP®, CBRM®, MBRM®, and organizational change leader, he has fully embraced the BRM Institute’s approach for business partner value realization.

Peter led a departmental wide initiative to enable the Resource and Demand Management capability to align demand and capacity. Previously, the Research and Development IT department of 404 employees and contractors had no way to match incoming work from business partners (demand) to the provider’s ability to deliver (capacity). This inability to anticipate, predict, and model demand created enormous resourcing and staffing problems throughout the year as we enabled science to medicine across twenty-three scientific areas.

With strong support from a visionary executive team, Peter partnered and educated six departmental BRMs, twenty-nine program and project managers, and eight functional managers who together enabled the science of getting critical medicine to patients.

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“Your efforts are solidifying the success and adding to the credibility of BRM as a discipline on a global scale. Being recognized as a top BRM recognizes your impact on people, BRMs, and organizations everywhere. Thank you for making a difference!” — Aaron Barnes, CEO BRM Institute

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“As a Master BRM, I take enormous pride in shaping the future of the BRM discipline. It’s a rare experience when you’re arm-in-arm with fellow BRM practitioners collaborating to design the foundation of relationship management to be used for generations to come. I would be remiss if I didn’t send out a hearty thank you to my amazing team of leaders that day-over-day are enabling science through technology. Success is always shared. My organization’s executive leadership team and fellow BRMs have always been supportive and open to ideas that position us better for tomorrow but require change today. It’s amazing being part of #OneTeam. A big shout out to all the global leaders who have contributed to advancing the BRM profession this year! I look forward to seeing you all at the BRMConnect in Boston, Massachusetts and the BRMConnect in Amsterdam, Netherlands in 2020!” — Peter B. Nichol

References

BRM Institute. (2020). 2020 Top BRMs. https://brm.institute/2020-top-brms/

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Peter is a technology executive with over 20 years of experience, dedicated to driving innovation, digital transformation, leadership, and data in business. He helps organizations connect strategy to execution to maximize company performance. He has been recognized for Digital Innovation by CIO 100, MIT Sloan, Computerworld, and the Project Management Institute. As Managing Director at OROCA Innovations, Peter leads the CXO advisory services practice, driving digital strategies. Peter was honored as an MIT Sloan CIO Leadership Award Finalist in 2015 and is a regular contributor to CIO.com on innovation. Peter has led businesses through complex changes, including the adoption of data-first approaches for portfolio management, lean six sigma for operational excellence, departmental transformations, process improvements, maximizing team performance, designing new IT operating models, digitizing platforms, leading large-scale mission-critical technology deployments, product management, agile methodologies, and building high-performance teams. As Chief Information Officer, Peter was responsible for Connecticut’s Health Insurance Exchange’s (HIX) industry-leading digital platform transforming consumerism and retail-oriented services for the health insurance industry. Peter championed the Connecticut marketplace digital implementation with a transformational cloud-based SaaS platform and mobile application recognized as a 2014 PMI Project of the Year Award finalist, CIO 100, and awards for best digital services, API, and platform. He also received a lifetime achievement award for leadership and digital transformation, honored as a 2016 Computerworld Premier 100 IT Leader. Peter is the author of Learning Intelligence: Expand Thinking. Absorb Alternative. Unlock Possibilities (2017), which Marshall Goldsmith, author of the New York Times No. 1 bestseller Triggers, calls "a must-read for any leader wanting to compete in the innovation-powered landscape of today." Peter also authored The Power of Blockchain for Healthcare: How Blockchain Will Ignite The Future of Healthcare (2017), the first book to explore the vast opportunities for blockchain to transform the patient experience. Peter has a B.S. in C.I.S from Bentley University and an MBA from Quinnipiac University, where he graduated Summa Cum Laude. He earned his PMP® in 2001 and is a certified Six Sigma Master Black Belt, Masters in Business Relationship Management (MBRM) and Certified Scrum Master. As a Commercial Rated Aviation Pilot and Master Scuba Diver, Peter understands first hand, how to anticipate change and lead boldly.