Published: 19 April 2022
Traditional portfolio management practices are missing four key capabilities to enable business agility, as enterprises move toward hybrid operating models. PMO leaders must evolve their portfolio management practices to enable ongoing portfolio flexibility, portfolio alignment and value-driven decision making.
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Business leaders often overemphasize local customer needs while making portfolio (re)prioritization decisions without realizing their alignment with, or impact on, the organization’s overall strategic priorities.
Small changes, when left unaddressed, often accumulate and create misalignment between enterprise and portfolio strategies.
Increased autonomy and distributed decision making often create execution silos and increased interdependencies, hindering the enterprise’s value delivery.
IT and business leaders often try to create perfect enterprise metrics. This takes unnecessary effort and may not even provide the needed value transparency due to vastly different product-level metrics.
PMO leaders responsible for supporting digital business acceleration must develop the following
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