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- What is a Strategic Portfolio? Successful organisations make strategic choices about which activities should be implemented to deliver their vision. These choices form the strategic portfolio. Decisions at this level can significantly impact the success of the organisation.
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Sep 21, 2023 · What Is Strategic Portfolio Management? SPM is a systematic approach to managing a collection of projects, programs, and other strategic initiatives within an organization.
Portfolio-level retrospectives for strategic agility: While team-level retrospectives are common, portfolio-level retrospectives are critical for senior leaders to maintain strategic alignment. Conducting retrospectives quarterly or biannually allows organizations to assess not just individual project outcomes but also the portfolio's overall alignment with strategic goals.
- Capital Planning
- Dynamic Planning
- Enterprise Program and Portfolio Management
- It Strategic Planning
- Strategy Execution Management
Capital planning is about investing today to be ready for tomorrow’s business environment. Without a way to prioritize capital investment requests and gain visibility to drive informed strategic decisions, organizations can miss opportunities, fall behind their competitors, or worse, become irrelevant in their market. Planview’s strategic portfolio...
Priorities can change overnight. Many companies already struggle with strategic planning, failing to translate strategic objectives into measurable goals, operational roadmaps, and coordinated delivery across the organization. When strategies change, it becomes even harder to reallocate funding, rapidly reprioritize, and realign teams. When disrupt...
Enterprise portfolio management offices focus primarily on ensuring strategy execution alignment, portfolio governance, change management, and visibility for strategic decision making. Strategic portfolio management technology lets you plan and manage cross-departmental programs and products essential to achieving strategic objectives. With Planvie...
For today’s digital business, technology investments underpin the company’s strategic objectives. The IT strategic plan must span current and future business objectives while remaining adaptable when priorities change. Planview’s strategic portfolio management software offers CIOs, enterprise architects, portfolio managers, and Finance an integrate...
An organization’s inability to bridge strategy execution gaps is the primary reason for the failure of new growth initiatives. Translating strategy to delivery is derailed by conflicting priorities, overloaded resources, and confusion about direction.
- Heather Westmoreland
Gartner defines Strategic Portfolio Management (SPM) as, “a set of business capabilities, processes, and supporting portfolio management technology.” 1 The primary focus of SPM is to align each portfolio with the organization’s strategic objectives, ensuring that resources are allocated to initiatives that best support its overall mission ...
As Gartner explains, Strategic Portfolio Management is “a set of business capabilities, processes and technologies” that support the creation “of a portfolio of strategic options that focus an organization’s finite resources” to execute business strategy across the corporation.
Apr 6, 2021 · What is strategy portfolio management? Strategy portfolio management — or strategic portfolio management — is the process an organization uses to decide how it should focus its available resources within a portfolio to meet its strategic objectives.
Oct 27, 2023 · What is strategic portfolio management? Strategic portfolio management is how an organization chooses, orders, and manages its resources across programs, projects, and initiatives. This is done with the aim of achieving the organization’s strategic goals and objectives.
