Published: 08 August 2024
Continual disruption can necessitate dramatic strategic shifts and direction changes, which require focused coordination to maintain alignment. Portfolio management leaders can use zero-based portfolio prioritization to align investments for an effective response when the strategy changes.
Traditionalportfolio management and investment prioritization cadence are not responsive to emergent risks and shifting conditions.
Economic uncertainty and poor digital investment performance trends are increasing pressure to maximize achievement of business outcomes from portfolios.
Most organizations lack effective portfolio management practices to conduct an on-demand complete reprioritization of investments.
Organizations that effectively communicate strategic direction changes to teams and individuals achieve strategic objectives with greater success.
Portfolio management leaders facilitating strategic planning and execution for digital investments should:
Respond to significant disruptions that necessitate portfolio-strategy realignment by establishing criteria to trigger investment reprioritization.
Improve outcomes by making all future capacity available for
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