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Showing posts from September, 2011

Key Components of Enterprise Portfolio Management

When organizations grow in business complexity in terms of products and services they offer, the senior management is always concerned with if resources are being effectively used and if the stakeholders (internal as well as external) are getting the right returns on their investments. Hence in the market lots of software products that do multi-portfolio management of projects and programs. Most of the products out their aim at managing the project life cycles but a true EPM will take into consideration the entire top-down planning approach to include strategic planning, investment analysis, capacity planning and tune it with the components of Demand & Change management in lieu of projects that are being executed. They also thus take into account resource management and pop in the dashboard metrics related to them with the monies or finances being allocated and thus incorporating or integrating components of Financial management.

Strategic Planning in management of enterprise port…

Change Is the Only Constant

Everybody talks about "Change" and importance of "Change management" as the only "constant" with dynamics in the global economy changing rapidly. Global competition necessitates that traditional organizations service or product line models incorporate innovation for on-going differentiation.  However little is said about the Change Agent leaders who lead this change. One of our clients (I will not mention the name) is going through a change management process. My observations on this are little effort has been made by the leadership in understanding the business model of how and why the change needs to be done along the lines how to lead by participative trust. Instead the model of "divide and conquer" is assumed making the change management process a painful, chaotic and chasing after the wind affair.

I think the fair questions that a change management leader needs to ask before he embarks on one are:

What are the main dimensions of innovation …