Published: 01 April 2022
Traditional styles of portfolio governance are no longer effective as CIOs orchestrate execution across diverse and distributed portfolios. CIOs can follow three steps to introduce adaptive governance styles, enabling effective and flexible decision making within portfolio management.
As organization’s digitally transform, integration across the operating model creates more distributed portfolio prioritization (governance) that is no longer being driven solely by IT.
Conflicting mandates, competing priorities and organizational cultures continue to affect the value of outcome-driven portfolio governance practices, such as management control and inward versus outward focus.
CIOs seeking to drive quick, flexible decision making while managing priorities must:
Build an iterative plan to introduce adaptive governance styles for portfolio governance through a three step process: assess, define and implement.
Establish empowered, adaptive portfolio governance roles by distributing decision rights and accountability across the information and technology (I&T)
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